Safe Automated Future Tokens from DAO Envelop

What is SAFT wNFT?

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

Projects can lock their tokens in the form of NFTs with tokens locked according to vesting periods and send them to VCs using wrapped NFT technology powered by DAO ENVELOP. Projects can increase their chances of fundraising, save costs, protect themselves from dumping, gain income from trades via royalties and access new audiences.

Project
Tokens

NFT &
Timelocks

SAFT wNFT

Projects can lock their tokens in the form of NFTs with tokens locked according to vesting periods and send them to VCs using wrapped NFT technology powered by DAO ENVELOP.Projects can increase their chances of of fundraising, save costs, protect themselves from dumping, gain income from trades via royalties and access new audiences.

Advantages

Workflow

Subscribe by
depositing $NIFTSY

Wrap NFTs according to
vesting period.

Send them to
VCs or
Marketplace

Functionality

Mechanical transfer

(the project team sends tokens
according to vesting periods)

Smart-contract “LOKER”

(VC needs to claim tokens
according to vesting periods)

SAFT wNFT

(VC receives wNFTs
with project tokens inside)

Access to the secondary market
Transfer of rights to project tokens
Operational costs
Convenience of tokens receipt and accounting
Diversification of Risks

Medium
Medium
Medium

High
Medium
Medium

Low
Easy
Easy

Questions & Answers

What does SAFT wNFT stand for?

Safe Automated Future Tokens Wrapped Non Fungible Tokens.

What network is SAFT compatible with?

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

Who is SAFT for?

Any individual or project that would like to wrap a batch of NFTs, set up time-lock (vesting), add collateral and send to wallets. There are multiple use cases, Startups, VCs and NFT projects.

Who has already used SAFT?

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.

Does the project need to have a token?

If using SAFT for fundraising, Yes. If using SAFT to create a batch of wrapped NFTs then any token can be used.

Where can wNFTs be sold?

Any marketplace, but scotch.sale is the OTC engine/marketpace only place at the moment where wrapped NFTs are filtered and all attributes displayed.

Do you offer whitelabel services?

Yes, we offer whitelabel packages for wrapping and marketplace. Contact us for further details.

Can wNFTs still have the same utility as the original NFT?

This is arranged case-by-case, and our team is able to assist by enabling communication between the smart contracts on our side and your side.

How long can a wNFT be locked for?

As long as you wish.

What are the primary advantages of using SAFT?

It Provides venture capitalists with immediate liquidity. It Safeguards Startups against token dumps. It Reduces operating costs

What does it cost?

We require a pledge of 200,000 $NIFTSY tokens locked for a year in order to support the DAO ENVELOP ecosystem. These tokens can be redeemed in the form of SAFT wNFT with a 12-month time lock, which can be sold right away on the OTC market or staked to earn profits as the value rises. With this membership, you get access for one month.

Is there a limit to how many wNFTs can be wrapped within the month period?

Unlimited

Is the protocol secure?

Yes, Audited by Certik, Iber Group and Smart State.

Do you offer technical support?

Yes we 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.

Does ENVELOP provide access to VCs or incubation for startups?

No, We offer the technology. The rest is up to you!

Does ENVELOP provide marketing services?

For all users of SAFT wNFT we will provide articles, videos, features, and announcements to our community and network.

How can we partner with Envelop?

If you can see potential for numerous ways to implement our technology, reach out to us with your ideas and we will consider each offer case by case.