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ENVELOP (NIFTSY) is a flexible cross-chain toolset capable of empowering any NFT with new features (economic settings, on-chain royalties, leasing mechanisms, time/value/event locks), devaluation protection and anti-fraud systems. This is now easily possible across GameFi, marketplaces, art, Metaverses, and non-collateralized NFT leases. The long-term goal of the project is the cross-chain tokenization of payment channels (rollups) to strengthen unspent liquidity. Further leading to the world's largest marketplace - Derivatives - ENVELOP is creating a secure decentralized Derivatives. ENVELOP DAO consists of three main parts, bound together by the NIFTSY token:
1) The protocol adds digital assets to NFT and sets royalties on the chain;
2) The Oracle scores the collateral and assesses the quality of the assets within the NFT;
3) Index hedging positions across the NFT market - becoming NFTs and related assets (synthetics, among others).