CoinRaaj | DOWN Vault (DOWN)

DOWN VAULT

DOWN POLYGON

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Status

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Description:

$DOWN Vault token is an innovative experiment in the "social token" sector, created by BruceTheGoose (a legendary OG in NFTs, DeFi and Web 3.0) to both serve as their personal social token, as well as to prove the validity of the "$DOWN Standard" token issuance model.

The $DOWN Vault token has been deployed through NFT 'fractionalization', representing token-based ownership over an encrypted smart-wallet nested in an NFT; resulting in a direct derivative asset backed by hard assets, with the ability for anyone to deposit nearly any asset to the reserve.