Dec 1, 2021
Lithium Finance — Wisdom Node Update
Following up on our last update, we are pleased to announce that we reached a milestone of 300+ Wisdom Nodes earlier this week!
The business team at Lithium Finance has spent significant time onboarding and ensuring an initial pool of high-quality individuals and entities across a wide range of fields like pre-IPO financing, real estate, NFT’s, and gaming.
We have also received significant interest from high-profile financial institutions looking to collaborate with Lithium Finance as Wisdom Nodes. These institutions will join our already existing pool of high-profile investment firms like Pantera Capital and Hashed that have joined our ecosystem to provide pricing information on a wide range of assets, including crypto projects, secondary tokens, and more.
In the coming days, the Lithium team will be working to broaden the scope of our current Wisdom Node pool. A high percentage of Wisdom Node recruits have significant knowledge of digital assets like NFT’s, crypto projects, and secondary tokens. Our overarching objective is to source pricing for any asset through a decentralized, honest, and rewarding on-chain protocol. Therefore “traditional” assets like pre-IPO stocks, real estate, art, antiques, and more will also be embedded in the Lithium Oracle alongside digital assets.
David Lighton, Co-founder of Lithium Finance said
“As TVL in DeFi continues to grow, the need to interact with real-world assets in a trustless, decentralized manner is also growing. We are building a data oracle that will unlock lots of hidden value by bridging the gap between traditional assets and DeFi. I am impressed by the quality pool of Wisdom Nodes we have recruited so far and look forward to getting to the 1,000 mark soon!”
About Lithium Finance
Lithium Finance is the first collective-intelligence pricing oracle to give precise and timely pricing on private, illiquid assets. It rewards analysts who provide truthful information and punish those who offer false pricing data. As a result, Lithium’s users obtain pricing for all hard-to-value assets such as pre-IPO stocks, private equity, and other illiquid assets effectively.
