We're thrilled to announce that Resolv, the team behind the innovative Protection Protocol, has reached a new milestone. Our mission to make crypto safer and more accessible is gaining momentum as we continue to grow and evolve.
Why Resolv?
In the past three years, nearly $9 billion worth of crypto assets has been stolen. Despite advanced security measures like cold storage, crypto theft remains a significant issue, damaging trust and slowing industry adoption. Resolv aims to change that narrative.
Our Solution
Resolv’s Protection Protocol enables users to swap standard ERC-20 tokens for secure “protected tokens (pTokens),” which can be recovered if stolen. A decentralized jury evaluates fraud claims and determines if recovery is warranted, ensuring users have a last line of defense when other security measures fail.
How It Works
- Token Swap: Users exchange their ERC-20 tokens for pTokens.
- Secure Usage: pTokens function like regular tokens but offer recovery options.
- Fraud Review: In case of theft, users can file a claim reviewed by a decentralized jury.
- Recovery: If the claim is approved, stolen tokens are recovered and returned to the rightful owner.
Why It Matters
Resolv stands out by not just preventing theft but also enabling stolen crypto to be returned to users, offering zero-liability fraud protection for Web3—similar to how credit cards protect consumers in traditional finance.
Our Vision
We aim to restore trust in digital currency by reducing theft and increasing security, accelerating the adoption of blockchain technology. Our platform makes decentralized finance more accessible, secure, and resilient, fostering a future free from middlemen, bias, and manipulation.
Unique Value Proposition
- Zero-liability fraud protection for all users.
- Balance between security and decentralization with transparent processes.
- Simple, intuitive user experience designed for all crypto skill levels.
- Checks and balances to prevent misuse and ensure fairness.
Stay tuned as we continue to innovate and make Web3 a safer space for everyone. Thank you to our community and supporters—you are essential to our journey!