Revolutionizing Asset Management with NFTs: Everdragons2 Powered by Cruna Protocol

B1ZZ.x
Everdragons2
Published in
3 min readApr 24, 2023

The traditional way of managing assets can be complex, inefficient, and risky. The advent of blockchain technology and NFTs (non-fungible tokens) is revolutionizing asset management, providing new ways to secure, manage, and transfer assets.

Lets explore the challenges of asset management, the benefits of NFT-based asset management, and how Everdragons2 powered by Cruna Protocol is leading the way in this space.

Challenges of Asset Management

Asset management can be challenging, especially when dealing with multiple platforms, various assets, and security risks. Phishing vulnerabilities, device breaches, and cold storage misplacement are common issues that can compromise asset security and ownership.

Moreover, asset transfer and consolidation can be time-consuming and frustrating, with multiple steps and processes to follow. Inefficient asset management can lead to loss of time and money, as well as missed investment opportunities.

Benefits of NFT-Based Asset Management

NFTs can provide a new way to manage and transfer assets, offering enhanced security, streamlined transfer, and efficient management. NFTs are unique digital assets that can represent various types of assets, such as art, music, collectibles, and gaming.

NFT-based asset management provides a platform for managing assets, simplifying the process, enhancing security, and ease of navigation. These NFTs will enable asset bundling and transfers, creating new revenue streams and investment opportunities.

Everdragons2 Powered by Cruna Protocol

Everdragons2 is a first-of-its-kind asset management solution that provides a secure and efficient way to safely store and manage multiple assets within its interface. By activating the Transparent Vault, Everdragons2 becomes the Protector NFT, and the Transparent Vault becomes the Protected NFT, creating a soul-bound relationship between the two. All assets stored within the Transparent Vault are now protected assets of the Protector, providing enhanced security measures against phishing and other vulnerabilities. The ownership of the Transparent Vault is derived from the Everdragons2 NFT, making it a one-stop-shop for all asset management needs. Users can consolidate assets into a single Transparent Vault, enabling seamless transfer of ownership without the need to move each asset individually. Additionally, users can create asset bundles and list them for sale as a single NFT on popular marketplaces like OpenSea. To put it simply, Everdragons2 is the Protector NFT that owns your vault, and you own Everdragons2. You can even sell your Everdragons2, and the Vault goes along with it, providing a unique and innovative way to manage and sell your assets.

The Protected NFT — Transparent Vault, is designed to store and safeguard assets (ERC20, ERC721, ERC1155). The Protector NFT (Everdragons2) carries significant responsibility, implying control over the protected assets inside the Vault. Everdragons2’s built-in security features, such as the approval-gated deposit mechanism and optional Initiator Wallet, provide enhanced security and phishing prevention. Everdragons2 simplifies asset transfer by consolidating assets through the Transparent Vault, streamlining the process of transferring asset bundles. The Cruna Protocol enables this innovative technology, providing a secure and efficient asset management solution for users.

What This All Means

Asset management is a critical aspect of investment and wealth management, and NFT-based asset management provides new ways to secure, manage, and transfer assets. Everdragons2 is at the forefront of NFT-based asset management, providing enhanced security, streamlined transfer, and efficient management all powered by The Cruna Protocol. With the Transparent Vault, Everdragons2 marks a start to a revolutionary solution for asset management.

Stay Connected with Everdragons2

Don’t miss out on the latest news and updates from Everdragons2! Make sure to follow us on Twitter (@everdragons2) for real-time announcements and join our Discord community to engage in exciting discussions with fellow enthusiasts. Become a part of Everdragons2 and stay at the forefront of the future of NFTs and digital asset ownership!

🐦 Follow us on Twitter: https://twitter.com/everdragons2

💬 Join our Discord: https://discord.gg/ed2

--

--

B1ZZ.x
Everdragons2

Building @TheRoundTableGG. Biz dev, growth models & strategic writer. Deriving use cases, enhancing product, and pre-market is where I reside.