Name of Project
ENVELOP DAO
Proposal overview
ENVELOP (NIFTSY) (https://envelop.is) 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. Mainly focused on B2B segment. Now easily implemented in GameFi, Marketplaces, Art, Metaverses and non-pledge NFT-rentals.
Project’s long term aim is cross-chain tokenization of payment channels (rollups) to intensify unused liquidity. What will lead further to the world’s biggest market - derivatives - ENVELOP is to create first secured decentralized derivatives.
ENVELOP DAO consists of three main parts, binded together by NIFTSY token:
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Protocol to add the digital assets inside NFTs and set on-chain royalties;
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Oracle to score the collateral and assess the quality of assets inside NFTs;
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Index to hedge the position to the whole NFT market — becomes one of the first decentralised and collateralised simultaneously market indices for NFT and related assets (synthetic, among others).
ENVELOP aims to be cross-chain, now launched on Ethereum, Binance Smart Chain, Polygon and Avalanche main-nets, on development on WAX and Zilliqa. Planning to expand starting from Harmony as one of most promising chains, then forwarding to Solana, Flow, PolkaDot and Atom.]
Team
[ENVELOP team has more than 8 years experience in crypto-space, 15 years at executive IT-product management at FinTech, E-commerce, IT-consulting as well as entrepreneurial experience at many succeeded Hi-tech projects, combined with professionals from blockchain, crypto-trading and startup backgrounds.
CEO - Aleksandr Shedogubov - Linkedin
Role: management and product
Exp: entrepreneur in the field of IoT, Blockchain and Logistic (Founder Pax Plus)
Other: 34 y.o., 7 years of management experience, 4 years in Web3.0
BDO - Aleksandr Kuzin - Linkedin
Role: development of the product
Exp: entrepreneur, business development of IT products and partner networks for 11 years (EVEN (cross-chain solution founder), Agora, AcquiroPay)
Other: 37 y.o., 13 years years in strategic development, 5 years in Web3.0
CTO - Maksim Sesykh - Git-hub - Livejournal
Role: technology management and development
Exp: entrepreneur, blockchain and smart-contract development software engineer in Blockchain and FinTech (IberGroup (founder))
Other: 43 y.o., 6 years of experience in Web3.0 software development 20+ years
CA - Menaskop - Linkedin
Role: system architecture, legal and tokenomic consulting, information support.
Exp: entrepreneur, Web3.0 explorer and analytic, investor in Ethereum ICO, crypto evangelist, writer, FinTech (Synergis (founder))
Other: 36 y.o., 15 years of experience in IT-legal, 9 years in Web3.0]
Proposal ask
[$50 000]
Justification
[We are requesting $50k in equity-free contribution
$10K after launching a feature-complete ENVELOP (NIFTSY) on the Harmony testnet
$10K after forming a DAO with 5-out-of-9 multisig
$10K after launching ENVELOP (NIFTSY) on the Harmony mainnet with audit
$10K after 1K daily active users (with launch video, full PR promotion)
$10K after 10k daily active users (with a detailed roadmap, governance process)]
Metrics for success
[Integrations with 3 b2b users on Harmony during 2022, starting with Davinci gallery and DeFi Kingdoms.]
External links
General links on the project - https://docs.envelop.is/
Protocol part is launched in Beta now (GitHub - dao-envelop/protocolV0: Smart contracts for Niftsy protocol) on ETH, BSC and Polygon chains - Envelop Protocol. Wrap NFT for all
Next week wrapping functionality will be added to NFTStars marketplace
Also we have created wNFT Luanchpad (now integrating into partners), held our own pre-IDO via wNFTs on our Launchpad Envelop Protocol. Wrap NFT for all
And application of farming via wNFTs is also launched for our NIFTSY token (also integrating with projects for plug-and-play implementation for their tokens) - Envelop. Wrap NFT
Executed 2 cases for event organizers (cgc.one game summit and WOW-summit in Dubai)) - drop of wNFTs with sponsors tokens inside (time-locked) - launched for them separate smart-contract instances.]
DEMO
to see weekly updates on this thread here, to keep the community posted on this proposal’s progress!