When wrapping, the author sets a transfer’s fee. This fee goes back into the contract, and a percentage (royalty) is paid to the author of the wrapped token.
to provide NFT with
Make your NFT valuable. Just protocol. No hype.
What makes ENVELOP (NIFTSY) special
NFT markets in a single access point
You can operate with NFTs emerging from any marketplace connected to ENVELOP
Fine-tune your NFT
Add cryptocurrency, tokens, LP tokens, set a time lock and the royalties percentage for your NFT. And send the whole lot in a single piece
With ENVELOP, you can tokenize any physical or digital object as well as financial assets and trade them all regardless of the blockchain
Discover the price
The oracle will help you set the right going price for your NFT in case you have doubts about the price tag
wrapps collateral, distributes royalties, adds value from transactions to the wrapped collateral
monitor the transactions of NFTs, filter spam transactions and increase the value of NFTs, depending on the transactions performed.
monitors the market activity from different sources, providing an objective picture of the market in real time
You can create an NFT on ENVELOP, wrap it with collateral and sell. The transfer will be registered by the oracle, and the protocol will put a share of the money paid on the transfer into the wrapped collateral, elevating the NFT’s value.
The index will register the transfer and will reflect it in its market statistics for everyone to see.
The authors can set their parameters for the NFT, including the collateral and royalties
The holders will get a better guarantee of the NFT’s growing price value
The traders get a faster execution of trades
The opportunity to receive royalties, to throw different tokens or objects into collateral, or to rent objects. Greater functionality of characters and artifacts.
The universe itself will be able to set up royalties. Users can create cases themselves, further expanding the metaverse.
The ability to receive royalties from wrapped NFTs and to sell NFTs at a higher price. New functionality for the users.
Questions & Answers
This could be wrapped bitcoin (wBTC and others), ERC-20 and/or BIP-20 tokens, cryptocurrencies of various types, etc. The Protocol is initially built on the Ethereum blockchain (including via the L2 layer — e.g. Polygon) and BSC, but in the future (see Roadmap) it is planned to create implementations on Flow, WAX, Solana, Polkadot, Cosmos, Avalanche and other DRS, because we are deeply convinced cross-chain is the future of all decentralised and distributed systems. Exactly the same applies to second and subsequent layer solutions. ENVELOP likewise supports multiple token standards, including such less frequent ones as Atomic DSS, R and DS token standards.
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.
Grant from Rarible
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.
ENVELOP MVP in a video
Grant from Polygon
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.
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