Beat The Bear Market With SAFT wNFT

Envelop DAO
4 min readSep 5, 2022

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Beat The Bear Market With SAFT.

The Win Win Tool For Startups & Venture Capitalists.

About

SAFT wNFT — Safe Automated Future Tokens, wrapped Non Fungible Tokens.

Using wrapped NFT technology provided by DAO ENVELOP, projects can lock their tokens in the form of NFTs, with tokens locked in accordance with vesting periods, and deliver them to VCs. In addition to increasing their chances of raising money, projects can cut expenses, safeguard against dumping, earn money from trades through royalties, and reach out to new audiences.

Steps

Subscribe by depositing $NIFTSY

Wrap NFTs according to vesting period.

Send them to VCs or Marketplace or OTC engines

Advantages

Gaining exposure to a new audience, cutting costs, protecting against dumping, generating income through trading, and improving workflow are all benefits from using SAFT wNFT.

Supported chains

Currently available on Ethereum, BNB Chain (BSC), Polygon and more on the way.

Who tested

The first ever SAFT WNFT deal was made between Animoca brands and Envelop in October 2021, and the several startup projects are successfully using it.

For whom

The SAFT dapp is for any project that wants to wrap a number of tokens in NFTs, implement time-lock (vesting), add collateral, and transfer to wallets. Startups, VCs, and NFT projects are just a few examples of application cases.

Requirements

Projects will need to have a ERC/BEP-20 token in order to create their wNFT, Once wrapped They can transfer them or sell them on any marketplace, but scotch.sale is the OTC engine tool only place at the moment where wrapped NFTs are filtered and all attributes displayed and any project can in 5 minutes integrate iFrame of scotch.sale to it’s web-site to allow the community support/buy projects tokens 24/7 (like the Launchpad/Marketplace on projects web-site).

Whitelabel

ENVELOP offers whitelabel packages for wrapping and marketplace. Our staff can help by facilitating communication between the smart contracts on our side and your side. Some projects can have special requirements, therefore we will need to decide on a case-by-case basis.

Use conditions

In order to fund the DAO ENVELOP ecosystem, we need a contribution of 200,000 $NIFTSY tokens locked for a year. These tokens can be converted to SAFT wNFT with a 12-month time lock, which can then be immediately sold on the OTC market or staked to make money as the value increases. You have access for one month with this membership (later the depositing/subscription conditions could be changed to face the market requirements). The vesting term is similarly indefinite, and there is no cap on the number of wNFTs that may be issued during this time — you pay only the gas fee.

Security

You will have instant access to a secure protocol audited by; Certik, Iber Group and Smart State.

Support

Our team can guide you step by step if you are unable or unsure of exactly how to use the platform. Just reach out to us on telegram.

Added value

All SAFT wNFT users will get access to our community’s and network’s articles, videos, features, and announcements. But we don’t perform any project incubation or pitch projects to VCs. We only supply the technology; projects must find solutions for the rest.

If you think our technology has numerous potential uses, please share your ideas with us. Each idea will be assessed separately for potential partnership.

SAFT wNFT

By utilizing SAFT, you will be able to convert your NFT into a financial instrument. This tool enables a smoother interaction between venture capitalists and startups in an efficient, risk-free, and cutting-edge manner while simultaneously increasing your chances of successfully raising funds. Our team will be there to assist you and support your requirements.

Try Now

saft.envelop.is

Contacts

info@envelop.is

Core Team on Telegram; @ashcash @interfaxz @DmitryDemeshko

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Written by Envelop DAO

envelop.is a programmable assets protocol and NFT oracle

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