Hello, and welcome to another article.
In this post I'll be talking about Envolve DeFi, a new Ethereum blockchain based project that will shake the crypto industry.
Before I get started, be sure to check out their telegram here. You can also view their website for more detailed information here. Read their pitch deck here as well if you want a quick glance of the problems they plan on solving and how they plan on solving them.
If you're not keen on reading, they've also created a YouTube video you can watch. Check it out below.
Now let's get started.
What is Envolve?
Envolve is simply described as an "all in one DeFi platform".
What does "all in one" mean?
It simply means that they offer a lot of services under one roof.
A few of the services the offer are:
- A fully functional DEX (fully developed and undergoing beta testing)
- A mobile wallet (fully operational and undergoing alpha testing)
- An escrow system of payment
- A smart contract maker
- Special staking
- Governance (with a dedicated governance fund)
The remaining features are given in their introductory medium post here, so make sure you check it out.
Envolve is out to solve one problem: mass adoption.
Many regular crypto users are extremely confused when they start out. Because of cluttered interfaces and horrible looking websites, it's actually easier to lose your money than to make it on most of these websites. Equally, all the things you need to enjoy your DeFi experience are scattered, meaning you have to use multiple services to enjoy the goodness of DeFi, which opens you up to even more scams.
Envolve has created a simple solution: Put everything you need in one place, while making it super simple to use.
They focus on three main features:
- Ease of use
By tackling the major problems that DeFi has and putting the solutions under one trusted, easy to use platform, Envolve hopes to solve the problem of mass adoption.
The team is made up of two solidity engineers, one front end engineer and a marketing team. Their contracts are all created from scratch, and will be audited soon.
Why this is a big deal (and you should definitely be interested)
While you might have not jumped out of your seat in excitement upon reading this article, think about it for a second.
There's NO other platform that does this. This is a first of it's kind.
It's very hard to innovate in crypto because it's so easy to copy the other guy. However, when you do come across innovative products, you should endeavour to grab them and take advantage of them.
Equally, this project is very, very early. There's only one influencer talking about it, and their launch is slated for later this year. Once more influencers start talking about it, it would be very difficult to get in at a good price.
So you're early to an innovative project.This should be a big deal to you.
They also have a detailed business plan and whitepaper. Overall, I'm extremely bullish on the project, and hope to participate in the token sale later this year.
Please watch the video and rear the whitepaper given on their website. You definitely don't want to miss out on this one.
Thanks for reading!
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