Web3 Studio Overlord Taps Dan Houser-Backed Revolving Games to Build NFT Game - Decrypt
TL;DR A backstop is a legal arrangement or agreement that serves as a safeguard to ensure that certain conditions are met or maintained in the event of an unexpected or unforeseen outcome. It is typically used in international finance, trade negotiations, and other financial agreements to protect all parties involved in case of a breach of the agreement. Backstops can also be used to protect the interests of investors, creditors, or those who have loaned money.
