Introducing Treasury Integration on Coinvise
TLDR; Creators on Coinvise can now connect a multi-signature wallet to their Coinvise account and leverage our set of tools in trust with creators worldwide. Make sure to like & RT the Official Twitter announcement✨
It has been a long wait, and the Multi-signature integration is finally live on Coinvise. From today, creators on Coinvise can collaborate in trust with other creators worldwide, build a token and manage it together through a Multi-signature wallet!
1 - What is a Multi-Signature Wallet?
A Multi-Signature Wallet such as Gnosis Safe is a Crypto Wallet that allows you to manage your community crypto assets, with the option to require a predefined number of signatures to confirm transactions. As it is necessary to have multiple team members to ensure every transaction in order to execute it, it prevents unauthorized access to the fund in this wallet.
With a multi-signature wallet, no one can leave with all the money as it would require the authorization of all the other members.
With this feature, a whole new world is opening for Coinvise's creators that will leverage our tools to build ambitious projects with team members worldwide.
2 - What are the use-cases?
Here are some interesting use cases we envisioned creators and DAOs would use this feature:
Facilitate DAO2DAO collaboration - We're true believers that the future will be shaped through DAO-to-DAO collaborations, and we think letting Coinvise creators leverage our tools while creating trust with other DAO will serve the creation of resilient, accountable, and mutualistic institutions leading into the twenty-first century.
Start small-scale projects - Our goal at Coinvise has always been to help the creators and the ambitious to build projects, and this goes by providing them the best tools while keeping trust at scale with a team worldwide. By letting them create and manage a token via a multisig, we allow them to create projects in minutes with other creators worldwide. This will unleash collaborative innovation.
From today, every Coinvise creator can create a Vesting, Airdrop, Quest, and Token via a multi-signature wallet by simply connecting an existing multi-signature wallet to their Coinvise account. It’s easy and takes less than five minutes. Here’s a complete tutorial on how to do it: Connecting a Multi-signature Wallet (Gnosis Safe) to Coinvise.
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