DeFi / NFT Accessibility

A key barrier in expanding DeFi and NFTs to the mainstream and institutional investors is that it requires too many steps and it's hard for investors to stay engaged.

There are too many steps to move money from a centralized exchange to a chain like Avalanche and then purchase tokens or NFTs. Also professionals / people with full-time jobs don't have time to keep up with proposals and what's happening in discords. There needs to better tools that make it easier for the mainstream to buy, sell, and stay engaged.

We incorporate within our architecture a novel way to fix this by applying the same decentralized custody technology to create user vaults that hold NFTs and tokens for users. The purpose of user vaults is to give users multiple utilities for our NFTs (governance, staking, and terraforming as explained later).

These vaults also enable capabilities such as sending mobile notifications when there is a proposal related to a project to users via a mobile app, to buy/sell tokens on-chain but within an app that obfuscates complexity, and to monitor accrued rewards. It will make the web3 experience feel more like a web 2 experience, yet everything is signed and managed on-chain.

The goal is to allow someone to send or sell their governance tokens to a friend at dinner where they just download an app and use their credit card. The app then keeps them abreast of their on-chain activity without users having to think about all the complexity of DeFi. It enables them to immediately be part of a web3 community and to experience our ecosystem as a tokenholder versus a bystander. We are building this app with a partner so we don't undertake too much on our own and expedite the development.

In addition to making better accessibility tools, we are working with another partner to create simpler off-ramps via a debit card. The process to use one's funds from DeFi in the real world is too hard and expensive. We are fixing this so that every project in our ecosystem will have the abilty to provide their holders with a debit card. This will create more utility for projects' tokens and rewards.

Lastly we will work tirelessly to experiment with financializing new capabilities, leveraging our team's Wall Street experience in financial engineering. We will actively seed ideas with our community and project builders. As more cutting-edge projects and their investors become successful in CollectiVerse, the stronger and more valuable our ecosystem becomes.