@CryptoGodfatha ...And Emblem Vault will hold them all, for safekeeping, swapping and BCommerce( Blockchain commerce, if that applies)
Emblem is coming...
🚨 A new crosschain NFT loan ALL TIME HIGH 🚨
An Alien Nodemonke has received a loan of 130 WETH ($400K) on Arcade.
A Bitcoin Ordinal leveraged Emblem Vault to seek a larger liquidity pool on Ethereum.
Congrats to the lender and borrower 🔐
@adamamcbride@EmblemVault This is a concept people will have to get used to in 2024 and beyond. No more silos, just one vast web of Circuits of Value via Emblemvault !
@chainlink@RealVision@SergeyNazarov Too complicated! Emblemvault makes all this back and forth easier. Leave assets on chain, just trade the rights/keys to them.
$COVAL $COVAL $COVAL $COVAL
💯💯💯K
COVAL is a multi-chain project that includes the BTC chain. Multi-chain Marketplace is coming soon.
COVAL is listed on Coinbase.
🚨🚨 Migration Update 🚨🚨
We are currently midway through week 4 of our Legacy migration process and are about to enter Phase 2. Let's discuss what has been accomplished and what will happen next.
PHASE 1
✅Delist/Pause Emblem Legacy collections on all NFT marketplaces & protocols.
✅ We have completed our move to @AlchemyPlatform. This means that our entire system now updates in realtime, meaning much faster load times.
✅ All balance checkers have been updated and optimized, meaning asset deposit speeds will be increased.
✅ Assets inside of each vault have been internally categorized and prepped to be migrated to their specific collections (Open, Project, or Protocol)
✅ Additional features and functionalities have been added to our upgraded curated collection contracts that will be utilized for future Emblem products that have yet to be publicly announced.
Phase 2
⭐️ Today we have deployed 3 smart contracts that will be used to migrate the first Legacy -> Curated Collections.
⭐️ Once a vault is migrated users will have access to their assets immediately to buy, sell, trade, and transfer.
⭐️ We are expecting 1-3 collections to be migrated per day with a total nearing 35 curated collections.
Additional Information
🔵 Emblem will be vertically migrating each collection before moving on to the next. Meaning page information, royalties, minting, unlocking, and security functions need to be completed before it is assigned as completed.
🔵 Individual collections will be migrated first, protocol collections second, and the open collection last.
🔵 Remaining Legacy vaults that are not migrated after all curated collections have been completed will be manually reviewed and placed in their proper place. This will relate to vaults locked in contracts during migration, unassigned vaults, and outliers.
🔵 Once a vault is migrated the Legacy vault WILL BE EMPTY. Please do not trade on the Emblem Legacy collection or you may end up in possession of an empty vault. We will mark migrated vaults as empty but cannot prevents users from transacting on marketplaces we have no control over.
🔵 The new EmblemFinance UI/UX is nearing 50% completion and will rollout within a few weeks of the migration completion.
👉🏻 We will announce each successfully migrated curated collection through this account and Discord w/ associated page links.
DO NOT ENGAGE WITH ANY MIGRATED CURATED COLLECTION UNTIL IT HAS BEEN ANNOUNCED TO PREVENT YOURSELF FROM POSSIBLY INTERACTING WITH A FAKE COLLECTION.
🙏 A big thank you to our community who has been nothing short of patient with us while we perform these game-changing upgrades. We are excited to share with you everything we have been working on during this process 🙏
I will say this here:
Ordinals and NFT traits marketplace are going to be a thing.
Founders who find a viable economic model and incentive behind the traits for their project are going to take over.
Scaling is not easy and we've been working diligently to ensure that the Emblem infrastructure will be ready for Curated Collections and all future developments.
We're excited to share that we are moving to @AlchemyPlatform as the official developer platform for Emblem Vault. Alchemy will provide key infrastructural support that will allow us to open up API access and additional tooling to those eager to build with Emblem Vault.
We will be sharing more information regarding access, documentation, and support in the coming weeks.
@Nakamoto1@hirosystems@LunarCrush In support of the Nakamoto_1 #Bitcoin treasure hunt on the moon, @EmblemVault recently announced support for SIP-009, the NFT token standard for Stacks.
Thanks to Emblem Vault, any NFT on #Stacks can be traded on cross-chain marketplaces like OpenSea.
https://t.co/6L7Hu7imib
How will @EmblemVault play a role in the NFT Lend ecosystem and what is most intriguing to you of this list?
1) Borrowing against your Ordinals, Rare Pepes, Punycodes, etc...
2) Borrowing against a bundle of assorted NFTs (FDCARD + $BTC + 2017 MoonCats)
3) Borrowing against complete sets (Series 1 Pepes, Complete Curio Card Set, etc..)