Recently bored. I studied this newly launched token, a very interesting and highly practical project called Resolv, and I strongly recommend all Web3 players, NFT users, and DeFi veterans to pay attention.
Simply put, what is this project doing!
In one sentence: Resolv = 'mediation platform' + 'arbitration institution' + 'decentralized court' in the blockchain world.
🤔Why is it important?
On-chain transactions seem fair and public, but once problems arise (like NFTs being sent incorrectly, DAO dividends being split, or smart contracts having bugs), where do you go to seek justice? There are no 'police' on-chain, nor any 'courts'.
This is where Resolv comes in handy.
It provides a native arbitration system directly between protocols, project parties, and users, solving on-chain problems on-chain, safely and transparently, without relying on centralized third parties.
💥Project highlights summarized directly for you:
🧑⚖️On-chain arbitration mechanism: Got into a dispute? Someone will come to adjudicate, and you can stake tokens to be an arbitrator, with rewards for winning.
🛠️Developer friendly: Various protocols can be seamlessly integrated, easily adding 'dispute resolution features'.
🔐Fully transparent: All processes are recorded on-chain, assuring users and projects.
🪙Token mechanism is on the way: Future governance and reward mechanisms will be empowered by tokens, with plenty of early participation opportunities.
🚀What can it do in the future?
Whether you are into NFTs, GameFi, DAO governance, or even a Web3 professional player, you might encounter 'on-chain disputes'.
And Resolv can directly allow project parties to integrate the 'arbitration feature' in advance, so that users can appeal immediately when issues arise, without having to tweet at the project parties or argue to get blacklisted.
It's simply Web3's 'mediation treasure' + 'blockchain court'.
