Velvet.Capital Monthly Update (December)
Monlthy Progress Recap for Velvet.Capital. We’re building the multi-chain deFi asset management protocol of the future. Don’t miss out.
Dear Velvet Family
Hope you’ve all had great holidays and are ready for another year! December was yet another strong month for Velvet.Capital! Holidays or not builders never stop building. We’ve released an updated user interface with improved features, including charts, detailed portfolio pages, and new portfolio options for influencer and stablecoin holdings.
On the B2B side, we’ve announced a partnership with Sun Labs, an institutional client with a current TVL of over $5 million and a goal of reaching $100 million this year. Our Glory Pass NFT - campaign in collaboration with BNB Chain — was a huge success. We saw nearly 900 NFTs claimed. Velvet.Capital also participated in EthIndia where we made connections with partners such as Gnosis Safe, Quicknode, Etherspot, and Polygon.
We’re so excited to hit the ground running in the new year! We have huge things planned. Our v2 is right around the corner — where anyone will be able to create their own custom portfolio! We just released a document outlining our token distribution and airdrop plan for early adopters, advocates, and pioneers! Will you join us?
Highlights of the month :
v1 product improvements: We released a long-anticipated UI upgrade to address customer feedback — added charts and detailed portfolio pages, added a new influencer portfolio (by Benjamin Kaka) and a stablecoin portfolio (USDC, BUSD, USDT, and DAI with additional yield), integrated Coinbase wallet
Sun Labs Partnership: We’ve announced a strategic partnership with our new institutional client — Sun Labs, which is eager to use Velvet for their current and future clients — we won over Set and Enzyme — our main competitors
Glory Pass campaign: We launched a Glory Pass campaign in collaboration with BNB Chain, users claimed 884 NFTs which we’ll use as targets for our future follow-up promotions
EthIndia: We’re co-located in Bangalore and participated at EthIndia — got bounties and strengthen relationships with existing and future partners (Gnosis Safe, Quicknode, Etherspot, Polygon, and others)
B2B: We are piloting our v2 with Digital Asset Managers, Hedge Funds and other Fintechs interested in launching on-chain funds or structured products using our institutional “DeFi-as-a-Service” offering.
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Originally published at https://velvet.capital.