Solv Protocol has closed $1 Million Seed Round
Solv, a DeFi protocol purposed to create and facilitate an on-chain marketplace for Financial NFTs, announced the completion of a $1 million seed round led by @TheSpartanGroup,@Axia8Ventures,@IOSGVC,@hashed_official,@KrypitalGroup,@gbvofficial and @MapleLeafCap.
Founded in 2020, Solv Protocol was inspired by an oddity — — there is no parallel implementation of Bills in the DeFi world, which is an asset-expression technology that have rich and wide applications and TradFi.Solv is the answer to that question. We invented a new token standard called vNFT, which is compatible with ERC721. However, it is much more powerful by nature; it can be fragmented, composable and upgradable. As such, we can bring Bills and other advanced financial instruments into the DeFi community.
Solv Voucher Marketplace is the first DeFi application based on the innovative vNFT Standard. It is a decentralized protocol that enables the creation and transaction of investment allocations. SV, short for Solv Voucher, is the tokenization of investment allocations. An SV can be split into multiple instances, can be partially transferred, and two similar SVs can be merged into one. Using SV to represent lock-up allocations, a project can facilitate the investment allocation offering and exchange in Solv Voucher Marketplace.
Please try it out at testnet.solv.finance!
About Solv Protocol
Solv Protocol is the decentralized infrastructure for creating and trading Financial NFTs.Solv designed a novel and powerful token standard called versatile NFT (vNFT for short) to express Financial NFTs.
Solv Voucher Marketplace is a decentralized protocol that enables the creation and transaction of investment allocations. Solv Voucher (SV) is a specially designed vNFT, by which Solv Voucher Marketplace transforms lock-up allocations into splittable, composable SVs (Solv Vouchers).
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