#What Are Joint Venture Protocols and How Do They Impact Decentralized Finance?
Joint Venture Protocols, known as JVPs, represent a new initiative from Nansen aimed at collaboratively developing and funding on-chain protocols. This move signals Nansen's intention to transition from being solely a data and analytics service to actively influencing the future of decentralized finance.
The focus of JVPs will be on areas closely related to Nansen’s core offerings such as on-chain trading, artificial intelligence systems, data protocols, and tokenized infrastructures. By teaming up with trusted partners, Nansen aims to tap into these adjacent areas, enhancing the overall functionality and accessibility of decentralized financial systems.
Each JVP is designed to function as an independent protocol, taking advantage of Nansen’s extensive resources and vibrant community support. With an emphasis on quality, Nansen intends to pursue only those protocols that provide significant value to its user base. This strategic approach aligns with market deliverables and facilitates sustainable growth.
Additionally, the JVPs will include active participation from the Nansen community. Holders of Nansen Points will act as early stakeholders in these projects, ensuring they have a direct influence on the development and success of the protocols. This democratic approach helps to align the initiatives with broader ecosystem needs and user expectations. Nansen has ambitious plans, with the first JVP scheduled for launch in 2026, aiming to roll out more collaborative projects in the coming years.