ENVELOP receives grant support from NEAR
Envelop, a cross-chain NFT protocol, is glad to announce that Near, a non-profit foundation responsible for contracting protocol maintainers, funding ecosystem development, became a financial supporter of wNFT technology, qualifying it for a $50K Testnet Launch grant.
The Foundation is a Swiss-based nonprofit, non-beneficiary organization that uses the power of its financial and operational resources to support the same mission as the overall NEAR Collective, which is the grouping of all active participants who make up and drive the NEAR ecosystem. Due to their mission to accelerate the world’s transition to open technologies by growing and enabling a community of developers and creators, Near announces $250 million in grants funding. In addition to issuing the grant, Near will act as an advisor searching for further partnerships and cooperations.
Envelop’s long-term aim is cross-chain tokenization of payment channels (rollups) to intensify unused liquidity that will lead further to the world’s biggest market — derivatives. As the first step, Envelop will start connecting all wallets and projects on this platform to enable the use of the full functionality of the protocol and oracle from ENVELOP.
“We believe Envelop has the potential to expand the benefits of Near and allow its users to have the best onboarding and a seamless experience using it. We’re confident that we can build the most reliable and effective technology possible,” says Alexander Shedogubov, the CEO of Envelop.
ENVELOP is a flexible cross-chain toolset that gives any NFT new functionality (economic set-up, on-chain royalties, rental mechanism, time/value/event-locks), scoring, and anti-fraud system. ENVELOP features are easily implemented in GameFi, Marketplaces, Art, Metaverses, and non-pledge NFT-rentals.
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Twitter CEO: https://twitter.com/aleks_env