SAFT wNFT — The New tool for Startups and VCs

For the first time ever, an Animoca Brands wNFT contribution arrangement was tested in October 2021. Due to the success of this transaction, the Envelop team decided that it would be a good idea to make this service available to other start-ups, venture capitalists, and market speculators.

SAFT wNFT is a win/win option for both venture capitalists and businesses. The most significant advantages are token dump protection, obtaining liquidity for the secondary market, and automating the VC-startup connection via smart contracts.

When compared to existing investment approaches, such as mechanical sending or “locker” smart contracts, wNFT provides more freedom to the VC fund and lowers operating costs. For example, a SAFT-contract “locker” development can cost between USD 4,000 and USD 7,000, whereas SAFT wNFT is free upon staking $NIFTSY tokens.

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