NEW YORK–(BUSINESS WIRE)–Upshot, the leading NFT valuation platform, today announced the launch of its API to deliver real-time NFT valuations for developers. Brands and their users will now have access to the data behind the largest and most accurate NFT rating platform, with pricing for more than 20,000 collections and default median absolute percentage error (MAPE) of 5 to 10 percent for their most accurate ratings.
Bringing real-time, accurate assessments to market has the potential to significantly increase efficiency in the NFT space, enabling more robust integrations of NFTs into new DeFi primitives. Whether it’s a marketplace, wallet, portfolio tracking, or any other product that touches NFTs, developers can now provide businesses with real-time, accurate insight into what users’ NFT collections are worth. This reliable pricing layer is also necessary for many of the most exotic DeFi x NFT primitives to be built, with the intersection of DeFi and NFTs poised to become a bigger market than DeFi or NFTs alone.
“Our team has been working hard over the last few months and it is thanks to this hard work, and the team we have put together, that we are now able to assess so many NFTs with such high levels of accuracy,” said Nick Emmons, Upshot co-founder and CEO. “By achieving this feat, we have made our API an attractive option for leading marketplaces and brands in the space. We are excited to provide developers and users with the real-time assessments and insights needed to unlock exotic new primitives and kick-start a wave of new innovation in the NFT space.”
Given the current state of the market and the decline in NFT transaction volume, the need for reliable pricing mechanisms is more important than ever. By using valuations, which are price discovery mechanisms that can work even when NFTs do not exchange hands, users can access prices and insights that allow them to hedge against NFT risk in their portfolio and capture value from NFT holdings in more ways than just flip them in a bear market.
“Developing a single, global pricing model for the NFT market will be critical to unlocking the most exotic DeFi x NFT primitives and providing a more informed path forward for NFT investors,” said Orestis Tsinalis, Head of Data & ML at Upshot . “Upshot is making this a reality that will further demonstrate our expertise in the market and allow us and others to build innovative and powerful new financial primitives ourselves.”
Upshot’s API is available for everyone to use now and is the easiest way to bring real-time NFT price feeds to different layers of users and new DeFi primitives. To find out more, please visit
About Upshot
Upshot is the leading NFT valuation platform. By delivering the most accurate assessments in the market, Upshot enables the creation of solutions at the intersection of decentralized finance (DeFi) and NFTs – for the industry and themselves. Upshot Analytics is a powerful application of the platform that gives end users easy access to unique insights around the NFT market and enables some of the earliest financial primitives to be built at the intersection of DeFi and NFT. It is currently in private beta and will soon be available to the general public. The Upshot API is currently available and used by teams across the industry. You can learn more about Upshot, its capabilities and sign up for the Beta at
