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Found 2 results

  1. Envelop is cross-chain liquidity solution, providing NFTs with adjustable dynamic economics, anti-fraud and hedging systems for various market sectors. The Envelop Project as a whole acts as: A cross-chain aggregator of liquidity wrapped in NFT of any order; A formalizer for valuation of assets within NFTs of any level of complexity; An automatic anti-fraud system for the NFT market and related industries; In doing so, the Protocol: Helps rotate and unwrap assets; Templates the NFT creation process for platforms (marketplaces, exchanges, etc.); Sets a minimum valuation for NFT at the expense of the accumulator. Oracle in turn: Creates a scoring system - initial valuation of assets through open data analysis; Applies as a classical and/or AI-anti-fraud system, which allows each market participant to manage risk; Systematises all positive and negative patterns in the use of NFT of any order. Index: Becomes one of the first decentralised and collateralised simultaneously market indices for NFT and related assets (synthetic, among others); Acts as a selling instrument and the initial unit of exchange; Verifies Oracle data, preventing manipulation by misrepresentation of information by participants. Besides these elements, there is Token NIFTSY, which acts as their link: herewith, all three elements (Protocol, Oracle, Index) can be used without Token - independently, but it adds unique functionality to Envelop DAO: Participation in royalty payments to any actor (subject, script, AI, etc.): payment on any complex transactions in the subject-object model wrap/unwrap mechanics: dynamic part of drive, transaction processing. Second- and subsequent-order NFT cross-chain exchange: functions - discount and netting rate. Unification of token standards through a single wrapper format. Tool for simplification and objectification of derivatives: valuation through turnover / pledge analysis of any tokens. Token bonus model in the development of the Project ecosystem: airprops, bounty programmes, etc. Token is thus a primitive cross-chain transfer mechanism for NFT wrapped assets (liquidity) and serves to reduce transaction costs. Use case Creators can set their parameters for the NFT, including the collateral and royalties Holders will get a better guarantee of the NFT’s growing price value Traders get a faster execution of trades Games. The opportunity to recieve royalties, to throw different tokens or objects into collateral, or to rent objects. Greater functionality of characters and artifacts. Metaverses. The universe itself will be able to set up royalties. Users can create cases themselves, further expanding the metaverse. Marketplaces. The ability to receive royalties from wrapped NFTs and to sell NFTs at a higher price. New functionality for the users. Achievement Top-10 at Binance Russia Hackathon. 55 teams took part in the hackathon. ENVELOP was acknowledged as top 3 project and took part in a private presentation to Binance Global. At Binance Hackathon Russia 2021, ENVELOP was given a grant by Rarible in the category «MVP functionality». The grant was awarded on 27.04.2021. Polygon gave a grant to ENVELOP for the implementation of the ENVELOP protocol to the Polygon network. The grant was awarded on 25.06.2021. Partners: waterdrip, ldcap, carbon.blue, autonomycapital, moonrockcapital, gate.io, ybb.io, au21.capital, zb.com, novaglobal, innmind, iber.group, aex.com, nftstars, capscoin, oortdigital.tech, cgc.one, wowsummit, artwallet, dotoracle.network, deathroad.io, barter.company, blocsport.one, purefi.io, picipo Token symbol: NIFTSY Max supply: 500 000 000 tokens Initial circulation supply: 28 000 000 tokens Token type: ERC 20 Smart contract address: 0x7728cd70b3dD86210e2bd321437F448231B81733 Token allocation (percentages) and Unlock Method: 18% Contributors (seed) 27% Contributors (private A, B) 4% Family and Friends 12% Team and Advisors 5% Partnerships 4% Marketing (Bounty, airdrops etc.) 2% Crowd investors 17% Ecosystem 10% Project Pool (liquidity) 1% Reserve Claimable on smart-contract (Seed and Private A,B contributors) Unlock schedule: 10% (ten) will be unlocked on TGE/IDO, then 10% (ten) in 2 (two) months after TGE/IDO, 10% (ten) in 4 (four) months after TGE/IDO, then 15% (fifteen) in 7 (seven) and 15% (fifteen) in 10 (ten) moths after TGE/IDO, then 20% (twenty) in 13 (thirteen) and 16 (sixteen) months from the date of TGE/IDO. ENVELOP will launch its IDO on Scaleswap on October 21st at 10amUTC/6pm HKT ENVELOP(NIFTSY) IEO on Gate.io
  2. RSI is a versatile momentum oscillator that has stood the test of time. Despite changes in volatility and the markets over the years, RSI remains as relevant now as it was in Wilder's days. While Wilder's original interpretations are useful to understanding the indicator, the work of Brown and Cardwell takes RSI interpretation to a new level. Adjusting to this level takes some rethinking on the part of the traditionally schooled chartists. Wilder considers overbought conditions ripe for a reversal, but overbought can also be a sign of strength. Bearish divergences still produce some good sell signals, but chartists must be careful in strong trends when bearish divergences are actually normal. Even though the concept of positive and negative reversals may seem to undermine Wilder's interpretation, the logic makes sense and Wilder would hardly dismiss the value of putting more emphasis on price action. Positive and negative reversals put price action of the underlying security first and the indicator second, which is the way it should be. Bearish and bullish divergences place the indicator first and price action second. By putting more emphasis on price action, the concept of positive and negative reversals challenges our thinking towards momentum oscillators. 1631516097-Relative-Strength-Index.docx

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