According to a press release dated, MoneyBirds has partnered with Lithium Finance, a provider of property valuation solutions, to make decentralized auctions for consumers possible.
Assessment that is trustworthy and open
To give clients clearer and more dependable appraisal of electronic and actual collectables, Lithium Finance and MoneyBirds, a decentralized auction platform in Solana, have joined forces.
With the help of this merger, customers will be able to take advantage of a redistributed vendor with new scoring methods that will make it easier for them to successfully navigate the enormous Web3 market. In contrast to the centralized method employed by conventional auction houses, Lithium provides a redistributed evaluation method grounded on AI.
Lithium uses cryptocurrency economics to solicit community feedback and uncover investors’ beliefs for items like NFT. Participants in the Lithium Finance-hosted Solana (SOL) decentralized auction will be able to obtain a more accurate valuation of the available assets thanks to the new valuation methodology.
Cooperation in the future Both platforms are currently collaborating on upcoming events to draw more attendees and investors, the report claims. Every item is available for viewing and bidding.
The gap between Web-2 and Web-3
The two companies will host events for Web-3 users, with the prize being cryptocurrency tokens. By creating a system where everyone can become a unique collector and prosper financially, MoneyBirds hopes to close the gap between the Web2 and Web3 technologies. One of the most well-known NFT services in Asia, Monkey Kingdom, is the company behind MoneyBirds.
Monkey Kingdom emerged as the first successful Asian NFT platform. The ecosystem of MoneyBirds is characterized by transparency.
To give users a complete understanding of the entire decision-making process, the platform will publish both the number of bidders and the wallet address of each bidder during each auction process. Several crucial aspects of MoneyBirds are open to community participation.
The strategy and the general development direction are both determined in this process. The commission structure and length of the auction will also be decided by the community in the future. Early backers are rewarded by MoneyBirds with an entrée to special vendues for the most sought-after limited items.
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