Exnetwork Joins Solv in Bringing the Solution to Financial NFTs

Michelle Fernando
ExNetwork
Published in
2 min readJan 12, 2022

Exnetwork is proud to announce their strategic partnership with Solv Protocol, the pioneer of fractionalized, financial NFTs that aims to bring quantitative value to NFT works! Until now, NFTs have been valued for their unique representations, but this partnership will enhance the assets with value-adding standards.

Decentralizing Financial Instruments

NFTs as game items — great! NFTs in art — great! But NFTs in a financial standing aren’t as tangible in DeFi. This is where Solv Protocol comes in: the project aims to solve the issues of financial NFTs, presenting a revolutionary way of representing financial equities.

The Theory: Financial NFTs

Solv presents an all new way of creating, managing, and trading financial instruments through the theory of Financial NFTs. These upgraded assets are essentially used for financial transactions, creating a never-before conceptualized token standard that enhances on what tokens cannot do.

The solution lies in the potential for NFTs to be used in financial situations where holders can customize their financial NFTs to fit the needs of a particular transaction, or to provide a robust layer of security to the token.

Advancing Asset Ownership

Through their innovation in vouchers and vesting vouchers, Solv upgrades the way we hold our assets. Users can mint vouchers crafted with ERC-20 tokens and ERC-721 for use in various financial scenarios. Not only are these assets firmly secured with smart contracts, they have an array of uses for both developers and traders alike.

Vesting vouchers refers to vouchers locked-up assets that are as flexible as they are transferable, increasing the liquidity of locked-up assets that solves the issue of vesting! Projects can now reserve their tokens while keeping them as liquid assets, and developers can open a new generation of fundraising: Initial Voucher Offering (IVO)!

Join the solution, and follow Solv Protocol on their official channels:

Website: https://solv.finance/home

Twitter: https://twitter.com/SolvProtocol/

Telegram: https://t.me/SolvProtocol/

Discord: https://discord.com/channels/866371345247502366/866371345247502369

YouTube: https://www.youtube.com/channel/UCvg0qc_ofV09ibmgwwWh9OA

Get to know Exnetwork Capital

Exnetwork is Philippines’ #1 crypto fund with strong ties to every major geographical crypto community in the world. It’s exceptional network include several DAOs, telegram communities, a leading validator, incubator, idea labs, gaming guilds and growth agency.

In 2021, we’ve seen an incredibly strong period for innovation at Exnetwork Capital, with a barrage of creative projects developed by builders, early adopters, and visionaries all looking to develop the next big thing in crypto. Exnetwork Capital aims to invest in a diverse group of projects that will surely disrupt the market.

Website: http://exnetworkcapital.com/

Medium: https://medium.com/exnetwork

Telegram: https://t.me/exnetworkpublic

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