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Envelop

Envelop

Envelop is a cross-chain multi-tool protocol for creating programmable NFTs (NFT 2.0). It allows users to add collateral, royalties, and time-locks to their NFTs, effectively turning them into containers for other digital assets or financial instruments. The protocol operates on numerous blockchains and serves various use cases, including derivatives, tokenized vesting, launchpads, and liquid farming, supported by an Oracle for valuation and an Index for market tracking.
Badung, IDN

Description

Envelop is a cross-chain protocol that enables the creation of programmable NFTs, referred to as NFT 2.0, operating on 16 different blockchains including Ethereum, Polygon, and BNB Smart Chain. It allows users to wrap digital assets like tokens or other NFTs inside a primary NFT, creating a collateralized 'smart' NFT with features such as time-locks and royalties. The protocol's ecosystem includes an Oracle for valuing NFTs and monitoring transactions, and an Index for tracking real-time market activity. Envelop supports a wide array of use cases, from financial derivatives and tokenized vested allocations (SAFT wNFT) to liquid farming, NFT-based subscriptions, and dynamic on-chain reputation systems with upgradable Soulbound Tokens (SBTs). It aims to serve a broad range of Web3 clients, including game developers, DeFi projects, and DAOs, by providing tools to enhance token utility and user engagement.