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Lithium Finance (LITH) is a decentralized NFT valuation protocol that combines the power of Artificial Intelligence and Crowd Wisdom to provide expert guidance on valuing NFTs. With a focus on harnessing collective intelligence, Lithium Finance incorporates a proprietary algorithm that combines human-based inputs with machine learning to assess NFTs’ value accurately. The protocol employs a governance token (LITH) that allows token holders to participate in the decision-making process of the decentralized autonomous organization (DAO) known as Lithium Finance DAO.
Lithium Finance DAO serves as the governing body of the protocol, with LITH token holders having voting power to shape the development and growth of the ecosystem. The DAO’s governance process involves community engagement through forums and discussions, where ideas and proposals related to governance can be shared and explored. LITH token holders can stay up-to-date with major proposals and decisions and actively participate by casting their votes. The roadmap of Lithium Finance includes phases for 2022 and 2023, with plans to enhance the protocol through artificial intelligence and crowd wisdom, expand functionalities, and explore real-world applications.
At the core of the Lithium Protocol is the native token, LITH, which drives the protocol’s mechanism and crypto-economy. All interactions and rewards within the Lithium ecosystem stem from LITH token usage. The protocol’s proprietary pricing algorithm incorporates human-based and machine learning inputs to provide accurate NFT valuations. Lithium Finance ensures a collaborative approach to producing consensus value by incentivizing price experts. With the upcoming Mainnet Beta launch, Lithium Finance aims to revolutionize NFT valuation with its decentralized protocol and collective intelligence model.
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