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  • Envelop (NIFTSY) documentation
  • Documents
    • Key terms
    • F.A.Q.
    • White paper
      • Disclaimers
      • Introduction
      • Key terms
      • Industry (market) analysis and NIFTSY's place in it
        • Figures and facts
        • Possible implementations of Envelop
      • Protocol. Oracle. Index
        • Protocol
          • NFT as a new order ETF and a brief history of NIFTSY
        • Oracle
        • Index
      • The architecture of the Project and the role of the Token
        • DAO. Token. IDO
        • The token as a linking element in the project
        • IDO (Initial DAO offering)
      • Roadmap. Part. #01
      • Roadmap. Part #02
      • Conclusion
      • List of references
    • Lite paper
      • Abstract
      • Disclaimers
      • Market challenges - our solutions
      • The main hypostases and parts of the Project
      • Development strategy and market coverage
      • Additions
    • White paper (Spanish)
      • Descargo de responsabilidad
      • Introducción
      • Términos clave
      • Análisis de la industria (mercado) y el lugar de NIFTSY en el
        • Figuras y hechos
        • Posibles implementaciones de NIFTSY
      • Protocolo. Oráculo. Índice
        • Protocolo
        • NFTs como un nuevo de EFT y una breve historia de NIFTS
        • Oraculo
        • Índice
        • Untitled
      • La arquitectura del proyecto y el rol del token
        • DAO. Token. IDO
        • El token como un elemento vinculante en el proyecto
        • IDO
      • Mapa de ruta
      • Conclusiones
      • Lista de referencias
    • Lite paper (Spanish)
      • Abstracto
      • Descargo de responsabilidad
      • Los desafíos del mercado y nuestras soluciones
      • La hipótesis principal y partes del proyecto
      • Estrategia de desarrollo y cobertura de mercado
      • Adiciones
    • White paper (BAHASA INDONESIA)
      • PENAFIAN
      • PENGANTAR
      • ​KATA KUNCI
      • ANALISIS INDUSTRI (PASAR)) DAN KEDUDUKAN niftsy DI DALAMNYA
      • Angka dan Fakta
      • Kemungkinan implementasi NIFTSY
      • PROTOKOL. ORACLE. INDEKS
        • Protokol
        • Oracle
        • Indeks
      • ARSITEKTUR PROYEK DAN PERAN TOKEN
      • DAO. Token. IDO
      • Token sebagai elemen penghubung dalam proyek
      • IDO
      • ROADMAP
      • KESIMPULAN
      • DAFTAR REFERENSI
    • LITE PAPER (BAHASA INDONESIA)
      • Abstrak
      • Penafian
      • Tantangan pasar - solusi kami
      • Hipotesis utama dan bagian dari Proyek
      • Strategi pengembangan dan cakupan pasar
      • Tambahan
    • Tokenomics
      • General provisions
      • Links
  • Technical documentation
    • URLs of dAPPs
    • Technical paper
      • Introduction
      • Protocol
      • Oracle
      • Index
      • Stack
      • Conclusion
    • Smart-contracts
      • Deployment addresses v2
      • Deployment addresses v1
      • Deployment addresses v0
      • Security and smart contracts
      • Contract NiftsyERC20.sol
      • Protocol
        • V0
          • Audit
          • Contracts
            • WrapperWithERC20Collateral (V.0)
            • WrapperDistributor721.sol
            • WrapperFarming.sol
        • V1
          • Audit
          • Contracts
            • WrapperV1
            • AdvancedWhiteList.sol
            • EnvelopwNFT721
            • EnvelopwNFT1155
            • Saft
            • SBT smart-contract Factory
          • Gas measurements for Protocol version 1
      • Launchpad
        • V0
          • Launchpad.sol
        • V1
          • NFTKiosk.sol
          • DefaultPriceModel.sol
      • Subscription service
      • Factory (smart-contracts) minting
      • P2P NFT/wNFT trading service
    • Envelop dApps Troubleshooting
  • Tutorials
    • Introduction to tutorials
    • dApps
      • Minting
        • Version 0
          • Release notes
          • Instruction
          • Video
        • Version 1.1
          • Release notes
          • Instruction
          • Video
      • Main app
        • Version 0
          • Release notes
          • Instruction
          • Aptos instruction
          • Video
        • Version 1.0
          • Release notes
          • Instruction
        • Version 1.1
          • Release notes
          • Instruction
          • Video
      • Cross-NFT
        • Version 0
          • Release notes
          • Instruction
          • Video
      • Launchpad (wINO)
        • Version 0
          • Release notes
          • Instruction
          • Video
        • Version 1
          • Release notes
          • Instruction
            • NFT trading
            • ERC20 tokens trading
          • Video
      • Farming
        • Version 0
          • Release notes
          • Instruction
      • SAFT wNFT
        • Version 0
          • Release notices
          • Instruction
          • Video
        • Version 1.0
          • Release notices
          • Insctruction
          • Video
        • Version 1.1
          • Release notices
          • Insctruction
          • Video
    • Oracle
      • Version 0
        • Release notices
      • Version 1
        • Release notices
    • Subscription service
      • Version 0
        • Release notes
      • Version 1
        • Release notes
    • Metamask settings for different networks
    • How to wrap your NFT
    • How to make SAFT wNFT
    • How to unwrap your wNFT
    • How to mint Soulbound tokens with Envelop
    • How to use Wrapper from Safe Gnosis
    • Video tutorials
  • Bounty
    • Bounty FAQ
    • General conditions
    • Bounty rules
    • Approximate (maximum) activity estimates
    • Bug Bounty
  • Legal
    • Privacy-policy
    • Legal FAQ
    • DAO
    • Archive
      • Licence
  • ARHIVE
    • Archive tutorials
      • Wrap NFT
    • Others
      • Marketplace (Scotch.sale)
      • How do I buy on DEXs?
        • Uniswap
        • PancakeSwap
        • QuickSwap
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Links:

  • envelop.is
  • daoenvelop.eth

dApps:

  • app.envelop.is
  • crossing

Soc. nets:

  • blog
  • youtube
On this page
  • What is Envelop?
  • What cryptocurrencies can be deposited inside the wrapped NFT?
  • What blockchains is Envelop protocol deployed on?
  • Does Envelop have its own token?
  • Can I add cryptocurrencies/tokens inside a wrapped NFT after wrapping?
  • Who receives the original NFT after unwrapping?
  • Can the owner of a wrapped NFT withdraw tokens from the collateral?
  • Product FAQ
  • What happens to the original nft when it is wrapped?
  • Can wrapped NFT be offered for sale on a marketplace?
  • What happens if the owner of the original NFT, initially, places an order to sell it and then he wraps that original NFT?
  • Can a buyer of a wrapped NFT see it on another NFT platform, OpenSea for example?
  • If I see a wrapped NFT on the OpenSea platform, can I put it up for sale there?
  • Does it change the metadata of the original nft when wrapped?
  • Can the entire collection be wrapped or just a single NFT?
  • If the user sold a wrapped nft containing collateral in the form of native tokens or ERC-20, will he be able to use those tokens?
  • Can the entire collection be wrapped or just a single NFT?
  • What can be wrapped now? what tokens, coins?
  • User wraps the original NFT, which NFTs does he have on the balance after?
  • Who manages the white and black lists of contract addresses that can be used in the protocol contract as the supplier of the original nft, collateral, transfer fee?
  • Does it take a long time to whitelist an ERC-20 token contract address?
  • Why are there the functionalities of time lock, value lock, event lock and other settings available for wrapping NFT?

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  1. Documents

F.A.Q.

here you can study the general points about the DAO ENVELOP (and token NIFTSY)

What is Envelop?

Envelop is a multichain protocol (and/or oracle, and/or index) to use wrapped NFT as a storage for cryptocurrencies or / and other NFTs. It sets unique settings for wrapped NFTs. For example, add royalties, replenish the collateral with transaction fees, or add time locks for deposited assets.

What cryptocurrencies can be deposited inside the wrapped NFT?

It depends on the blockchain used for NFT minting. If NFT is minted on Ethereum, ETH and other ERC-20 tokens from the whitelist can be deposited. NFTs minted on BNB chain can be equipped with BNB and other BEP - 20 tokens from the whitelist. Polygon minted NFT is applicable for Matic and other Polygon tokens deposits.

What blockchains is Envelop protocol deployed on?

Envelop protocol is deployed on:

  • Mainnets:

    • EVM: Ethereum, Binance Smart Chain (BNB Chain), Polygon (Matic), Harmony, Aurora, Arbitrum, OKXchain;

    • NON-EVM: WAX, Zilliqa, Near;

  • Testnets: BSC testnet, Goerli, GateChain (testnet), OkxChain (testnet), Aurora (testnet);

  • More block chains like: Aptos, ZkSync, are coming soon.

Does Envelop have its own token?

Envelop emitted its token named NIFTSY. It has been launched on 4 blockchains: Ethereum, BSC, Polygon and Arbitrum.

Can I add cryptocurrencies/tokens inside a wrapped NFT after wrapping?

Yes, you can add cryptocurrencies/tokens at any time.

Who receives the original NFT after unwrapping?

The original NFT is received by the current owner of the wrapped NFT after it is unwrapped.

Can the owner of a wrapped NFT withdraw tokens from the collateral?

No. All tokens, once added to the wrapped NFT, are stored at the protocol contract address. Withdrawing of these tokens is a part of unwrapping operation only.

Product FAQ

What happens to the original nft when it is wrapped?

The original NFT takes possession of the Protocol contract. Instead, the owner receives the wrapped NFT.

Can wrapped NFT be offered for sale on a marketplace?

Yes, a wrapped NFT is an ERC-721 / ERC-1155 and all methods for this standard are applicable to it.

What happens if the owner of the original NFT, initially, places an order to sell it and then he wraps that original NFT?

The order will not be executed because the original NFT will belong to the Protocol contract.

Can a buyer of a wrapped NFT see it on another NFT platform, OpenSea for example?

Wrapped NFT is a regular ERC-721 / ERC-1155 standard. If the platform supports this standard functionality and displays all NFT including wrapped ones. OpenSea does it.

If I see a wrapped NFT on the OpenSea platform, can I put it up for sale there?

Yes, because it is a normal nft ERC-721 or ERC-1155.

Does it change the metadata of the original nft when wrapped?

No. The protocol has a tokenURI method which, for a wrapped nft, returns the result of the same method but from the original NFT.

Can the entire collection be wrapped or just a single NFT?

Only one NFT could be wrapped into one wrapped NFT. But non-fungible tokens could be added as a collateral into the wrapped NFT (If a user sales a wrapped NFT containing a Collateral).

If the user sold a wrapped nft containing collateral in the form of native tokens or ERC-20, will he be able to use those tokens?

No. For only the current holder/owner of the wrapped nft disposes of the collateral.

Can the entire collection be wrapped or just a single NFT?

It's the NFT token that gets wrapped (not the collection).

What can be wrapped now? what tokens, coins?

Any ERC-721/1155 token can be wrapped.

User wraps the original NFT, which NFTs does he have on the balance after?

After the wrapping, the user has only wrapped NFT on its balance.

Who manages the white and black lists of contract addresses that can be used in the protocol contract as the supplier of the original nft, collateral, transfer fee?

These lists are only managed by the owner of the Protocol contract (the project team).

Does it take a long time to whitelist an ERC-20 token contract address?

No. Technically, This action is done quickly. Another thing is to reach an agreement with the team about it.

Why are there the functionalities of time lock, value lock, event lock and other settings available for wrapping NFT?

There are needs to unlock the assets of the wrapped NFT depending on the time period and or some event occurs. Two parties agree that they "freeze" the assets in collateral of the wrapped NFT until some event occurs. Or the parties are not going to use the locked assets till the particular date.

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Last updated 2 years ago

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