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What is Upshot?
Upshot is an innovative protocol that uses appraisal games to incentivize individuals to provide truthful answers to subjective questions. Its first product is designed to establish an effective price-discovery mechanism for NFTs by rewarding experts for their honest assessments, thus creating new avenues for specialists and laying the groundwork for groundbreaking DeFi innovations. Operating as a question-and-answer protocol, Upshot One leverages a cutting-edge area of mechanism design called peer prediction, which encourages users to respond with sincerity. The primary aim of the protocol is to reliably and effectively align authentic answers with inquiries, thereby enhancing a variety of exciting applications such as efficient price discovery for niche assets, decentralized insurance solutions, governance models, content curation, and more. Serving as a modular framework, Upshot One is adaptable for various critical sectors, with its initial deployment focusing on the efficient price discovery of NFTs. Additionally, the protocol's inherent flexibility allows it to evolve in response to emerging use cases as the ecosystem continues to advance, ensuring its relevance in a rapidly changing landscape. This capacity for adaptation positions Upshot as a forward-looking solution in the DeFi space.
What is Nomad?
Nomad is a cutting-edge messaging protocol that operates across multiple blockchains, emphasizing security through an optimistic mechanism that only requires the presence of one honest participant to maintain system integrity. It empowers off-chain observers to challenge messages with fraud proofs, thereby functioning without reliance on custodians or validators, which bolsters its trustless nature. Additionally, Nomad dramatically cuts gas fees—potentially by a factor of ten compared to traditional header relay systems—while preserving a decentralized structure. Developers benefit from the ability to rapidly implement Nomad smart contracts on any smart contract chain without needing specialized coding, simplifying the integration process significantly. Moreover, Nomad's adaptable message-passing channels enable developers to send various types of data across different chains, making it easier to execute smart contract functions smoothly between them. This unique blend of functionalities firmly establishes Nomad as a formidable asset for enhancing cross-chain communication within the blockchain landscape. As the demand for efficient and secure cross-chain solutions grows, Nomad's innovative approach may play a crucial role in shaping the future of blockchain interoperability.
Integrations Supported
Ethereum
Evmos
Milkomeda
Moonbeam
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Upshot
Company Website
upshot.io
Company Facts
Organization Name
Nomad.xyz
Company Website
www.nomad.xyz/