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Step 1
If you don't have a high-powered blender (like a Vitamix), you will need to soften the cashews first (if you do have one, you can skip this step). To soften, boil water in a small pot and remove from heat. Add cashews and cover for 20 minutes. Now drain, rinse and discard soaking water.
Step 2
Place the cashews in a blender along with the 3/4 cup of water. Blend on high until very smooth. Use right away or store in the fridge in an airtight container for 3-5 days. It will thicken up a little bit in the fridge - thin with water if needed.