Topic: [ANN]Envelop is cross-chain liquidity solution, providing NFTs - page 3. (Read 327 times)

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Envelop is cross-chain liquidity solution, providing NFTs with adjustable dynamic economics, anti-fraud and hedging systems for various market sectors.

The Envelop Project as a whole acts as:

• A cross-chain aggregator of liquidity wrapped in NFT of any order;
• A formalizer for valuation of assets within NFTs of any level of complexity;
• An automatic anti-fraud system for the NFT market and related industries;

In doing so, the Protocol:

• Helps rotate and unwrap assets;
• Templates the NFT creation process for platforms (marketplaces, exchanges, etc.);
• Sets a minimum valuation for NFT at the expense of the accumulator.

 
Oracle in turn:

• Creates a scoring system - initial valuation of assets through open data analysis;
• Applies as a classical and/or AI-anti-fraud system, which allows each market participant to manage risk;
• Systematises all positive and negative patterns in the use of NFT of any order.

Index:

• Becomes one of the first decentralised and collateralised simultaneously market indices for NFT and related assets (synthetic, among others);
• Acts as a selling instrument and the initial unit of exchange;
• Verifies Oracle data, preventing manipulation by misrepresentation of information by participants.

Besides these elements, there is Token NIFTSY, which acts as their link: herewith, all three elements (Protocol, Oracle, Index) can be used without Token - independently, but it adds unique functionality to Envelop DAO:

• Participation in royalty payments to any actor (subject, script, AI, etc.): payment on any complex transactions in the subject-object model wrap/unwrap mechanics: dynamic part of drive, transaction processing.
• Second- and subsequent-order NFT cross-chain exchange: functions - discount and netting rate.
• Unification of token standards through a single wrapper format.
• Tool for simplification and objectification of derivatives: valuation through turnover / pledge analysis of any tokens.
• Token bonus model in the development of the Project ecosystem: airprops, bounty programmes, etc.
• Token is thus a primitive cross-chain transfer mechanism for NFT wrapped assets (liquidity) and serves to reduce transaction costs.

Use case
Creators can set their parameters for the NFT, including the collateral and royalties
Holderswill get a better guarantee of the NFT’s growing price value
Traders get a faster execution of trades
Games. The opportunity to recieve royalties, to throw different tokens or objects into collateral, or to rent objects. Greater functionality of characters and artifacts.
Metaverses. The universe itself will be able to set up royalties. Users can create cases themselves, further expanding the metaverse.
Marketplaces. The ability to receive royalties from wrapped NFTs and to sell NFTs at a higher price. New functionality for the users.

Achievement

• Top-10 at Binance Russia Hackathon. 55 teams took part in the hackathon. ENVELOP was acknowledged as top 3 project and took part in a private presentation to Binance Global.
  
• At Binance Hackathon Russia 2021, ENVELOP was given a grant by Rarible in the category «MVP functionality». The grant was awarded on 27.04.2021.
• Polygon gave a grant to ENVELOP for the implementation of the ENVELOP protocol to the Polygon network. The grant was awarded on 25.06.2021.

Partners:
http://waterdrip.io, https://ldcap.com, https://www.carbon.blue, https://twitter.com/capitallancer, https://autonomycapital.com, https://www.moonrockcapital.io, https://www.gate.io, http://www.ybb.io, https://au21.capital, https://www.zb.com/en/, https://novaglobal.io/, https://innmind.com, https://iber.group, https://www.aex.com

Team
Founder/CEO introduction - Alexander Shedogubov
Role: management and product
Entrepreneur in the field of IoT (wearable smart-watches and APP to communicate), blockchain and logistics (IoT devices to track and operate freight containers) - founder of blockchain project «Pax Plus». 8 years of management experience in the IT-sphere. In crypto from 2017.
Alexander Kuzin - Chief Business Development Officer
Role: business development of the product. Entrepreneur, business developer of IT products (Agora, AcquiroPay) and partnership networks for 11 years, founder of «EVEN cross-chain network». 13 years years in strategic business development.
Maksim S - Chief Technology Officer
Role: technology management and development Entrepreneur, blockchain and smart-contract development software engineer in blockchain and FinTech, co-founder of «IBER Group». 19 years of experience in FinTech and 6 years in Web3.0 software development.
Menaskop - Chief Adviser
Role: system architecture; consulting & audit Entrepreneur, Web3.0 explorer and analytic, investor to p2p, crypto evangelist, writer, founder of DAO Synergis. 5 years of experience in IT-legal, 9 years in crypto-world.

Token symbol: NIFTSY
Max supply: 500 000 000 tokens
Initial circulation supply: 28 000 000 tokens
Token type: ERC 20
Smart contract address: https://etherscan.io/token/0x7728cd70b3dD86210e2bd321437F448231B81733 
Token allocation (percentages) and Unlock Method:
18%  Contributors (seed)
27%  Contributors (private A, B)
4%  Family and Friends
12% Team and Advisors
5% Partnerships
4% Marketing (Bounty, airdrops etc.)
2% Crowd investors
17% Ecosystem
10% Project Pool (liquidity)
1% Reserve

Claimable on smart-contract (Seed and Private A,B contributors)
Unlock schedule: 10% (ten) will be unlocked on TGE/IDO, then 10% (ten) in 2 (two) months after TGE/IDO, 10% (ten) in 4 (four)  months after TGE/IDO, then 15% (fifteen) in 7 (seven) and 15% (fifteen) in 10 (ten) moths after TGE/IDO, then 20% (twenty) in 13 (thirteen) and 16 (sixteen) months  from the date of TGE/IDO.

Whitepaper: https://docs.envelop.is/key-documents/white-paper
Site: https://envelop.is/
Youtube: https://www.youtube.com/c/ENVELOP
Github: https://github.com/niftsy/niftsysmarts
Telegram: https://t.me/niftsy_en
Twitter: https://twitter.com/Envelop_project
Medium: https://envelop.medium.com/

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