Envelop enters into a strategical and technical partnership agreement with ArtWallet
Envelop, a flexible cross-chain toolset able to give any NFTs new functionality such as economic set-up, on-chain royalties, rental mechanism, time/value/event-locks, protection of devaluation, and the anti-fraud system enters into a strategical and technical partnership agreement with ArtWallet, a smart & secure NFT app for artists and metaverse creators, the 21st-century version of iTunes and Spotify via NFTs that brings together the key elements of modern digital art including NFT marketplaces, virtual galleries, and creators.
The main purpose of this partnership is for Envelop to help ArtWallet to implement new exciting features that will make their product higher ranking on the market and offer new possibilities to the users.
Alexander Shedugubov, the CEO of ENVELOP, commented on the partnership: “I believe success comes from a collaborative effort. I see a huge potential in the ArtWallet project and a very natural path of how to help them become even more successful among their competitors. I am excited about this partnership.”
Joel Dietz, the Founder of ArtWallet quoted: “It’s a great pleasure for me to see Envelop in the list of ArtWallet’s partners. This project delivers to the market real solutions promoting the mass adoption of NFTs. This partnership opens huge opportunities for ArtWallet and now we can move even faster towards reaching our key goals.”
ArtWallet is on its mission to build the best NFT wallet in the market, focused on data persistence, authenticity verification, audio/visual content streaming, and many more.
The public round of the ArtWallet Token Sale will be held at the end of October 2021.
ENVELOP is a cross-chain protocol that utilizes NFT as storage for cryptocurrencies or additional NFTs in a process called “wrapping.” Using the protocol, it’s possible to add any digital asset inside NFTs. The assets, also known as collateral, can range from static to dynamic, with custom programmable fees charged with every transaction and stored into a vault for later withdrawals.
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ArtWallet is a smart & secure NFT app for artists and metaverse creators, the 21st-century version of iTunes and Spotify via NFTs. ArtWallet brings together the key elements of modern digital art including NFT marketplaces, virtual galleries, and creators.
ArtWallet will create the most persistent way of NFT minting and data storing, thus, storing big NFT audio/video files will be possible.