Topic: [ANN]Envelop is cross-chain liquidity solution, providing NFTs (Read 316 times)

In alignment with our DAO principles , ENVELOP has taken the strategic decision to transfer the $NIFTSY token from all Centralized Exchanges to Decentralized Exchanges as of June the 1st 2022. The token will remain on DEXs and additional liquidity pools will be added for defi services on other platforms and on ENVELOP dapps.
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SAFT wNFT — The New tool for Startups and VCs

For the first time ever, an Animoca Brands wNFT contribution arrangement was tested in October 2021. Due to the success of this transaction, the Envelop team decided that it would be a good idea to make this service available to other start-ups, venture capitalists, and market speculators.

SAFT wNFT is a win/win option for both venture capitalists and businesses. The most significant advantages are token dump protection, obtaining liquidity for the secondary market, and automating the VC-startup connection via smart contracts.

When compared to existing investment approaches, such as mechanical sending or “locker” smart contracts, wNFT provides more freedom to the VC fund and lowers operating costs. For example, a SAFT-contract “locker” development can cost between USD 4,000 and USD 7,000, whereas SAFT wNFT is free upon staking $NIFTSY tokens.

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[Recap] Oort Digital x Envelop AMA

TLDR:
- with the Envelop’s wrapping technology, Oort Digital can support some NFT collections with zero collateral.
- with the Envelop’s multi-royalty functions, Oort Digital can also build a platform to support all the onboarded NFT/GameFi projects to easily create and manage their scholarship programs.
- with Envelop’s technology, borrowers will soon be able to borrow a specific usage of a particular NFT, instead of the whole usage, with a much lower cost. For example, I might be in a middle of a battle and I just need to borrow a sword to kill the boss
- Oort Digital is also adding gamification/incentive layers on top of the Envelop community and aims to bring more fun to the Envelop community beyond money/finance. For example, Oort Digital has enabled Envelop community to create their own clan of heroes with the Envelop logo on it, and they can team up to compete against other projects.
- Oort Digital will soon launch our own SDK that allows any NFT/GameFi project to just write a few lines of code, to enable zero-collateral leasing of their NFT collections.
- Right now the leasing is completely free for users to use. Soon after we have enough users on board, we will start charging a small fee on top of lenders (not the borrowers).

Oort Digital x Envelop Integration Progress Report

Integration Progress
Envelop has delivered wrapping technology for all NFTs (both ERC-1155 and ERC-721). Envelop has implemented a zero-collateral leasing function as well as online support for the zero-collateral leasing on both Polygon and BSC.
Oort Digital has created Hero NFTs to be leased with zero-collateral in RPG battle games. NFTs are enabled to supply the leasing pool with a “batch listing” feature. NFTs on both Polygon and BSC networks can use project leasing (over-collateral leasing).

How does the partnership benefit both Oort Digital and Envelop communities?
By cooperating with Envelop, Oort Digital can achieve collateral-free leasing for NFTs, significantly reducing the borrowing costs for the borrower while minimizing the leasing risk faced by the lender. By adding application laters (games, DeFi, Metaverse) on top of Envelop and letting Envelop protocol become the backbone of the Oortverse, Oort Digital will also create more value to accelerate wider adoption of Envelop’s protocol across the globe.

Revenue Share
Oort Digital and Envelop have launched the V2.0 NFT Leasing App, with increasing daily use. V3.0 NFT Leasing App that supports both BSC and Polygon NFTs, batch listing, and zero-collateral for whitelisted NFTs, will be launched in April.
When integration with Envelop’s wrapping protocol is complete, Oort Digital will share the collateral-free leasing revenue with Envelop, while both players and NFT owners have a better play-to-earn and metaverse experience.

DAO Envelop, a multi-chain NFT protocol, is pleased to announce a new partnership with OKC, the blockchain and ecosystem of one of the world’s largest and most innovative cryptocurrency exchanges and financial services — OKX. Envelop has implemented its protocol on the OKXChain and ecosystem. This enables Envelope to provide all its products within the OKXChain and operate joint services for wrapped NFTs.

source: https://envelop.medium.com/envelop-partners-with-okc-deefc4705ff5

How to wrap your NFT with Envelop

How to unwrap your wNFT

DAO ENVELOP is the new Arcona XR Metaverse partner!

Very soon, the ENVELOP team's pilot GameFi project will roll out on Arcona Digital Lands! Users of both platforms will get an exciting experience playing in an augmented reality metaverse and will be able to appreciate the advantages of working with smart NFTs in combat mode!

In the future ENVELOP will become our strategic partner in Castles and Dragons  game, which provides NFTs integration with advanced functionality.

https://t.me/envelop_en/38728

Envelop's 2021 Milestones from the Ambassadors  https://www.tiki-toki.com/timeline/entry/1790587/Envelop-2021/

ENVELOP & NIFTSY. Reflections on the future

Envelop, a cross-chain NFT protocol, is glad to announce that Near, a non-profit foundation responsible for contracting protocol maintainers, funding ecosystem development, became a financial supporter of wNFT technology, qualifying it for a $50K Testnet Launch grant.

https://envelop.medium.com/envelop-receives-grant-support-from-near-64cf55616052

ENVELOP (NIFTSY) receives a grant and launches a protocol on the Harmony test network
https://envelop.medium.com/envelop-receives-grant-support-from-harmony-66d17918ed13

L3, the next level for cross-chain

NFTcraft, a gaming NFT metaverse fully backed with ETH, is proud to announce that we have entered into a mutually beneficial technical partnership with Envelop.

NFTcraft has outlined a partnership with Envelop in the following areas:

Possibility of leasing NFT through overcollaterization. Owners of legendary dwarves will be able to rent them out and profit from it! Other players will be able to rent and play these NFT dwarves for free!

Increasing NFT parameters through overcollaterization. Whatever NFT dwarf you have, you will be able to deposit tokens into it, thereby increasing its parameters and the economic return from the game!

The overcollateralized leasing mechanism means that the NFTs go directly into the borrowers’ wallet, which gives the borrowers complete ownership of the NFTs, and they can choose not to return them. To mitigate the risk of losing their NFTs, lenders have to set high collaterals, which discourage borrowers from borrowing.

With Envelop’s wrapping technology, the borrowers don’t need to provide any collateral because the original NFTs will be wrapped into wNFTs that go into the borrowers’ wallets with a time lock. When the lease term expires, the original NFTs will be released from the wNFTs and returned to the lenders.

By cooperating with Envelop, we can achieve collateral-free leasing for some NFTs, significantly reducing the borrowing costs for the borrower while minimizing the leasing risk faced by the lender.

Envelop enters into a technical partnership agreement with LOTTRADE

Envelop is proud to announce that it has entered into a mutually beneficial partnership with Lottrade, the DAO governed tournament platform for amateur and professional traders.
This partnership is aimed at Envelop helping LOTTRADE to carry out a presale and implement new exciting features that will make their NFTs economically valuable and offer new possibilities to the users. This event will become the debut opportunity for future LOT holders, where they will be able to purchase wNFTs with LOT tokens inside before the IDO.
Envelop will give LOTTRADE the automated smart contract that will allow them to wrap batches of NFTs and give them new functionality such as economic set-up, on-chain royalties, rental mechanism, time/value/event-locks, protection of devaluation, and anti-fraud system.

Oort Digital, a DeFi + GameFi/Metaverse project to add functionalities on top of your NFTs, has officially announced a partnership with Envelop, an NFT cross-chain and wrapping protocol aimed at building an NFT collateral-free leasing APP to provide a better play-to-earn and Metaverse experience for both game players and NFT owners.

Oort Digital has already launched an NFT overcollateralized leasing APP. Under the overcollateralized leasing mechanism, when the borrowers borrow NFTs from the lenders, the NFTs go directly into the borrowers’ wallet, which gives the borrowers complete ownership of the NFTs, and they can choose not to return them. To mitigate the risk of losing their NFTs, lenders have to set high collaterals, which discourage borrowers from borrowing.
With Envelop’s wrapping technology, the borrowers don’t need to provide any collateral because the original NFTs will be wrapped into wNFTs that go into the borrowers’ wallets with a time lock. When the lease term expires, the original NFTs will be released from the wNFTs and returned to the lenders.
What’s more, borrowers can choose to borrow a particular usage of the original NFT (usage 1, usage 2, usage 3 etc.) instead of the full usage. In other words, we can now create derivatives on top of the underlying/original NFTs.
By cooperating with Envelop, we can achieve collateral-free leasing for some NFTs, significantly reducing the borrowing costs for the borrower while minimizing the leasing risk faced by the lender. By adding application laters (games, DeFi, Metaverse) on top of Envelop and letting Envelop protocol become the backbone of the Oort Universe, we will also create more value to accelerate wider adoption of Envelop’s protocol across the globe.

ENVELOP conducted one of the first venture deals on the market using the NFT mechanism

NFT wrapping interface is available. Now it became accessible for everyone to wrap NFT just in a few clicks
https://app.envelop.is/#/

Initial NFTs Offering - What is it and how does it work? Moreover, why would proceed with it?

Interview with CTO DAO ENVELOP

ENVELOP listed on

1⃣ UNISWAP
2⃣ QUICKSWAP
3⃣ PANCAKESWAP

What do you think of when you hear about “farming”?

We bet the first associations to erupt would be such terms as “yield,” “liquidity farming,” “APY”

What if we told you that there is more to farming than simply coin blocking and yield harvesting?

Through our micro DAO system, you can distribute the tokens you farm between different projects with different profitability

Proper distribution of responsibilities according to contributions = Next Level Farming

https://pbs.twimg.com/media/FDGnXwHXoAYaOZ9?format=jpg&name=900x900

Adding New In-Game Functionality to ERC-721 NFTs" – Aleksandr Shedogubov, ENVELOP
https://www.youtube.com/watch?v=ajZuwLcHwi8

Long-awaited NIFTSY farming is here now Right pointing backhand index https://app.envelop.is/farming/#/

Staking works through MetaMask and Walletconnect - it can’t possibly get any easier.

6 months 5% APY
12 months 12% APY
18 months 20% APY

Min stake 100 NIFTSY
Automatic prolongation for larger APY

ENVELOP announced that it has secured investments from Animoca Brands, the global leader in blockchain gaming and NFTs. This cooperation will allow ENVELOP to collaborate with certain of Animoca Brands’ subsidiaries, projects, and partners to release NFTs with expanded functionality that will set them apart from most other offerings in the rapidly evolving industry.

- Scaleswap opened the public pool and 100% was raised in 1 second 🚀
- The private pool has been closed in 16 min due to a pool setup of guaranteed pool participations

Listing on
https://www.gate.io/en/trade/NIFTSY_USDT
https://www.aex.com/page/new_trade.html#/?symbol=niftsy_usdt
https://www.zb.com/en/trade/niftsy_usdt

The NFT marketplace NFT STARS has formed a strategic partnership with ENVELOP

ENVELOP is now partnered with Picipo, a unified NFT management platform, to expand the use of NFTs in the future

ZB.com will Launch ENVELOP (NIFTSY) Subscription on October 21

🔹 Period: 2021/10/21 16:00 to 2021/10/21 18:00(GMT+8)
🔹 Total Subscription Amount: 1,666,666 $NIFTSY
🔹 Subscription Price: 0.03 USDT per NIFTSY

It's okay, it should be

You have choose a good place to run an IEO, now it depends on how investors value your project, good luck with it. In fact I see it will only lasted for 24 hours if I'm not mistaken. Is there a softcap for this project to achieve?
It's a glitch that I see, Public and Private Pool Details in scaleswap are have the same date and time, was it made that way?

Envelop is proud to announce that it is entering into a technical partnership with DeathRoad, the first Metaverse Racing Game on Binance Smart Chain.

WOW Summit hosted an interview with ENVELOP, where numerous vital questions unveiling the nature of partnership were brought up

This week, WOW (World of Web3) Summit hosted an interview with ENVELOP, where numerous vital questions unveiling the nature of partnership were brought up. For such a company like ENVELOP, it was essential to become the participant and the strategic partner of the WOW Summit.

ENVELOP will launch its IDO on Scaleswap on October 21st at 10amUTC/6pm HKT

ENVELOP(NIFTSY) IEO on Gate.io

Envelop is entering into a technical partnership with DotOracle, a decentralized network that allows connecting the real world to the Polkadot ecosystem by providing a decentralized oracle service to transfer information from the real world to Polkadot in real-time.

Envelop enters into a strategical and technical partnership agreement with ArtWallet

Envelop is entering into a technical partnership agreement with Blocsport.one

PureFi to enter a strategic and technical partnership with Envelop

Envelop (NIFTSY) Review NFT Cross-Chain Protocol + Oracle + Index | Huge Potential
https://www.youtube.com/watch?v=eNwOem2bmgk

Envelop is continuing its second day of the Game On! Summit 2021

CBDO @interfaxZ shared his experience of attending the summit:

The first experience of participating in the GameOn Summit in the 3D metaverse format (built specifically for the conference and as close to reality as possible) inspired me on writing full feedback to disclose several thoughts about the event.

ENVELOP giveaway week one has ended, and yesterday we proudly announced 5️⃣ lucky winners 🚀

📣 Today, we’re here to update you on Envelop (NIFTSY) Week 2

Envelope is launching a contest at givelab.com. There will be several stages. Follow our Twitter feed for last news. Keep an eye on the contest. Tasks will be added!

The first week's prize will be 20,000 NIFTSY tokens. The 5 winners with the most activity will be chosen!

Tokens will be blocked on schedule -- 02 months :: 0% -- 04 months :: 5% -- 07 months :: 5% -- 10 months :: 10% -- 13 months :: 10% -- 16 months :: 15% -- 19 months :: 15% -- 21 months :: 20% -- 24 months :: 20%

https://givelab.com/envelop/envelop-week-1

not quite so
ENVELOP is a flexible cross-chain tool set able to give any NFT new functionality (economic set-up, on-chain royalties, rental mechanism, time/value/event-locks), protection of devaluation and anti-fraud system.
There are three main project parts:

• Protocol to add the digital assets inside NFTs and set on-chain royalties;
• Oracle to score the collateral and assess the quality of assets inside NFTs;
• Index to hedge the position to whole NFT market — becomes one of the first decentralised and collateralised simultaneously market indices for NFT and related assets (synthetic, among others).
  

 

supercool is that you can tokenize any physical and digital object or financial assets and trade them regardless of the blockchain

We wrapped the first NFT via #ENVELOP Protocol in the mainet of BSC🥳🥳🥳, and here is the original #NFT itself: https://bsc.uniqueone.photo/token/86623238-c30b-48e2-9382-9ebd8cad5c5f/0x20852e3a54Cc1E0de47AFCBF03F05D8490a4933b

Source: https://twitter.com/aleks_env/status/1438511421143216128

Alfa version of Envelop Protocol and we prepare for IDO/IEO

Yes, I am following the project as an advisor and am glad that our bounty hunters are being active. I will be ready to answer any questions on the project and invite the team here if necessary. We're all for full disclosure!

Thank you, I will be watching your project. Tell us at what stage is the development now?

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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