Audience
Anyone searching for a protocol solution that pays experts for honest insights
About Upshot
Upshot is a protocol that uses appraisal games to incentivize people to answer subjective questions honestly. Our first product aims to provide an efficient price-discovery mechanism for NFTs by paying experts for honest appraisals — unlocking new opportunities for experts and enabling a number of powerful new DeFi primitives. Upshot One is a question and answer protocol. It leverages a new field of mechanism design called peer prediction to incentivize people to answer questions honestly. It’s purpose is to reliably and efficiently pair honest answers to questions. This enables and improves a number of exciting use cases such as efficient price discovery for esoteric assets, decentralized insurance, decentralized governance, content curation, and more. Upshot One is a modular protocol that can be used across several important verticals; the efficient price discovery of NFTs is just its first implemented use case.