This document describes the Envelop (NIFTSY) project, which consists of four elements.
The main idea of the Envelop (NIFTSY) project is to create a system of interactions of decentralized systems (DAO, DeFi/DEX) through the tokenisation of non-fungible tokens (NFT) in first and higher level networks. Using decentralised models, ENVELOP (NIFTSY) creates objective metrics and an asset valuation system.
Envelop (NIFTSY) is based on common Web 3.0 trends:
  • Self-nesting of heterogeneous top-level (applications, protocols, etc.) and low-level (blockchain solutions) objects/entities;
  • User-driven openness and anonymity (the ability to monitor anonymous transactions in transaction scanners);
  • Decentralization;
  • Direct transfer of value without intermediaries;
  • Equality of subject and object, etc.
This document will help even the untrained but inquisitive reader to become familiar with the architecture and interconnections of the three elements that make up the Envelop (NIFTSY) project. It reveals the main trends in the industry and provides a detailed description of each of the aspects.
In order to find additional information and evidence to support the points made here, a list of references is provided for each section/chapter. This also enhances the openness of the Envelop (NIFTSY) project.
The conclusions of the assessment of development trends are set out in the Light paper. The project website will suffice for general guidance.
Any comments or additions can be sent by email to [email protected] and/or via our telegram channel at We also have a bounty programme.