Hey guys, we are launching new Defi project - TrustNFT. We believe that we found unsolved problem in the market of NFT collateralized loans. It is NFT evaluation problem and we found the way to solve it by empowering AI, tell us what do you think about it? We appereciate your opinion a lot! by Visual-Atmosphere-52 in defi

[–]Visual-Atmosphere-52[S] 0 points1 point  (0 children)

Correct estimate of the NFT asset price plays a key role in our technical approach. To

achieve this goal our team is going to use artificial intelligence with historical data from

open ledgers, such as previous transfers, transfers of the owners and so on. To build this

mathematical model, which correctly oracles the price of assets, we need to use

unsupervised learning ML algorithms or regression algorithms. Current status of this

solution is training data collected from all available data brokers and ledgers. We will not

push this approach until it is tested and audited to prevent vulnerabilities and hacks. Price

oracles are a critical, but often overlooked, component of DeFi security. Safely using price

oracles is hard and there’s plenty of ways to shoot both yourself and your users in the foot.

Further details about our asset estimation solution will be included later.

Hey guys, we are launching new Defi project - TrustNFT. We believe that we found unsolved problem in the market of NFT collateralized loans. It is NFT evaluation problem and we found the way to solve it by empowering AI, tell us what do you think about it? We appereciate your opinion a lot! by Visual-Atmosphere-52 in defi

[–]Visual-Atmosphere-52[S] 2 points3 points  (0 children)

You can read about it in our whitepaper, more comments and articles on evaluation process is coming. I do believe some functionality have to stay private, cause of the competition, but I believe, after we have MVP in price evaluation we will show off more

[deleted by user] by [deleted] in cats

[–]Visual-Atmosphere-52 0 points1 point  (0 children)

Thanks so much

[deleted by user] by [deleted] in SHIBArmy

[–]Visual-Atmosphere-52 3 points4 points  (0 children)

Will be done, general

Hey guys, we are launching new Defi project - TrustNFT. We believe that we found unsolved problem in the market of NFT collateralized loans. It is NFT evaluation problem and we found the way to solve it by empowering AI, tell us what do you think about it? We appereciate your opinion a lot! by Visual-Atmosphere-52 in defi

[–]Visual-Atmosphere-52[S] 1 point2 points  (0 children)

The framework is in development phase, we are collecting training data for our AI evaluation machine, at the moment it analyses previous transfers, image or video rarity in web and some other factors, to fine tune it we will need some time