9 Sep, 2021

The Sotheby’s Ape Auction: How Upshot’s Appraisal Performed

tl;dr: Sotheby’s recently hosted an auction of 101 Bored Ape Yacht Club NFTs, which sold for $24.4m. Our machine learning model valued the bundle at $25.3m. We found that our machine learning approach is able to generate reasonably accurate valuations for portfolios of NFTs in a volatile market, taking into account the attributes of different assets and the time dynamics of the market.

17 Aug, 2021

Upshot Update: EthCC Hackathon Winners and JPEG Summer

tl;dr: Innovative new apps built on Upshot infrastructure, Upshot co-founder Nick Emmon’s on the NFT boom, and news from JPEG Summer.

11 Aug, 2021

EthCC Hackathon 2021 Recap

tl;dr: We were excited to recently announce the winners of the Upshot-sponsored prizes from the recent ETH CC Hackathon 2021 in 🇫🇷 Paris. A huge thanks to everyone who submitted projects and built innovative apps on Upshot infrastructure!

19 Jul, 2021

Upshot Update: EthCC Paris and NFT Round-Up

tl;dr: Join Upshot in Paris. Hear Nick Emmons talk about NFT financialization, party with the top teams in crypto at Fête DAO, and help build the future of DeFi at EthCC Hackathon 2021.

24 Jun, 2021

ETHGlobal HackMoney 2021 Bounties

tl;dr: Upshot will be awarding $4k in prizes at HackMoney 2021. Submit your hack for a chance to win one of two Upshot bounties that will be up for grabs.

17 Jun, 2021

Upshot Update: HackMoney Prizes and NFT Round-Up

tl;dr: $4k in HackMoney bounties, upcoming virtual NFT lounge details, and Nick Emmons on how blockchain technology can help provide a remedy for the post-truth era.

2 Jun, 2021

Upshot Update: Polygon Launch, MiamiDAO, & NFT Round-Up

tl;dr: It’s been another busy couple of weeks here at Upshot! In this newsletter we’ll round-up the latest news, updates and insights from the team, and take a look at what’s happening across the NFT space.

27 May, 2021

Upshot’s Moving to Polygon

tl;dr: We’re excited to announce that Upshot is moving to Polygon! 🎉

19 May, 2021

How to Appraise NFTs on Upshot

tl;dr: Upshot aims to be a collector-centric NFT platform that gives NFT collectors unique opportunities to capture value from their expertise. This is your opportunity to actually work for a protocol. Answering questions on Upshot is simple, addicting, and gas-free.

18 May, 2021

Upshot Update: Open Beta Launch, $7.5M Fundraise, & NFT Round-Up

tl;dr: It’s been an exciting month here at Upshot! We launched our open beta and raised $7.5 million from some of the top funds in crypto. And we’re just warming up!

11 May, 2021

Announcing the Upshot Open Beta

tl;dr: We’re thrilled to announce the open beta of Upshot! Starting today, anyone can sign-up and start appraising NFTs on Upshot.

6 May, 2021

Upshot Raises $7.5M to Enable Crowdsourced NFT Appraisals

tl;dr: We’re excited to announce that Upshot has raised $7.5 million in Series A funding co-led by Framework Ventures, CoinFund, and Blockchain Capital.

3 May, 2021

Upshot Uses Chainlink’s VRF to Bring Efficient Price-Discovery to NFTs

tl;dr: A core piece of Upshot’s appraisal platform involves randomly selecting appraisers who will have their appraisals considered in pricing NFTs. To enable this random selection to take place in a verifiable way, Upshot is leveraging Chainlink’s Verifiable Randomness Function (VRF).

11 Mar, 2021

Beeple x Christie’s x MakersPlace: A Retrospective

tl;dr: Christie’s auction of Beeple’s “Everydays: The First 5000 Days” marks a major step forward for NFTs, but scalable crowdsourced appraisal infrastructure will be needed for this burgeoning medium to scale and will allow a new class of appraisers to capture value from their expertise.

4 Mar, 2021

What Efficient NFT Price-Discovery Means for DeFi

tl;dr: NFTs are an incredibly powerful standard for representing almost anything in the decentralized world. A new space is emerging at the intersection of DeFi and NFTs, enabling a range of powerful new DeFi primitives.

23 Dec, 2020

Hot or Not, for NFTs

tl;dr: NFTs lack an efficient price discovery mechanism, so we built an NFT appraisal product powered by peer prediction.

1 Oct, 2020

Peer Prediction 101

tl;dr: Peer Prediction is an under-appreciated field that offers novel approaches to eliciting honest answers.

25 Sep, 2020

An Efficient Price Mechanism for NFTs

tl;dr: There does not exist an efficient price discovery mechanism for NFTs. This inhibits the development of many useful products (e.g. underwriting debt with NFTs, NFT indices). Upshot One can be used to appraise the value of NFTs much more efficiently than normal market transactions.

23 Sep, 2020

How Does UpshotOne Work?

tl;dr: Upshot One is a question & answer protocol built on Ethereum. On it, randomly selected agents are incentivized to answer questions correctly via peer prediction. Series of questions and answers can be forked to reflect varying subjective preferences.

18 Sep, 2020

Introducing Upshot One, a Q&A Protocol

tl;dr: Upshot One is a question & answer protocol built on Ethereum. It leverages a field of mechanism design called peer prediction to incentivize honest answers to questions.

Upshot aims to provide real-time price feeds for NFTs through crowdsourced appraisals – empowering a new generation of appraisers and catalyzing powerful new innovations at the intersection of DeFi x NFTs.