Envelop is a decentralized protocol that enhances the functionality of Non-Fungible Tokens (NFTs). Its core business is providing tools to wrap NFTs with collateral, effectively turning them into "wNFTs". This process can add features like time-locks, royalties, and an underlying intrinsic value to the NFTs by locking fungible tokens (e.g., stablecoins) inside them. The mission is to increase the liquidity and utility of the NFT market. Envelop's protocol is designed for both B2B and B2C use cases, enabling applications in DeFi, GameFi, and the metaverse.

Founded in

United Kingdom