DEIP represents the future for the creator economy, a Web3 project for creators everywhere to monetize their work more effectively and reach huge new audiences.
At the heart of DEIP is a protocol that enables the discovery, evaluation, licensing and exchange of intangible assets. It’s designed specifically for intangible asset tokenization (in the form of F-NFTs), governance (via DAO), and liquidity (via DeFi instruments and derivatives).
Alongside this is a Web3 constructor, a blockchain-based solution for Web3 founders to launch and grow Web3 startups.
Supporting and driving all of this forward is the DEIP Network, a Web3-based Substrate Blockchain, responsible for implementing the creator economy protocol. At the same time, we are going to launch a DEIP Token, a native token to facilitate the solutions on the platform, including DeFi applications and DAO-based governance.
What’s the DEIP Token Designed For?
When the DEIP Token is launched, through an Initial Coin Offering (ICO), it will have three core functions:
- Governance: as a governance token, it provides holders with voting rights for the election of validators and council members, and for the adjustment of the key network parameters through referendums.
- Utility: the DEIP token is a native currency designed for payments on the platform, and will be integrated with F-NFTs, NFTs, and DeFi instruments, and yield farming.
- Staking and yield farming: Network participants can stake DEIP tokens on a specific F-NFT segment (or on specific portals) in order to farm the yield of the underlying intangible assets.
DEIP is an exciting project sitting at the intersection of the Web3 and creator economy.
What do you gain diving into deip world?
Creatives and Web3 founders can use DEIP to launch and accelerate the growth of their projects and startups. It comes with all of the tools founders and creatives are going to need to capture value (in the form of F-NFTs) and grow.
Supporting DEIP, either as a global ambassador, or an investor (and member) of the DEIP community, once the token sale launches is a way of getting in on the ground floor of these exciting trends.
As a member of the community., no matter how much you stake, you will have a say in the governance of the platform. You will be supporting its growth, ensuring DEIP reaches the audience that will benefit most from our innovative features, protocol, and solutions.
DEIP X WEB3
Development in the Web3 world is significantly decentralized. This means there’s no completely self-sufficient ecosystem. So, ecosystems interoperate and leverage each other to deliver a sophisticated experience to users.
Such integrity leads to scalability, security, and cost-effectiveness, which strengthens the innovative landmass in the Web3 world. The union of chains further gives rise to privacy-focused software and decentralization and allows for creativity as never seen before.
The Web3 internet version is meant to give creators more tools to deploy in their creative enterprises. Hence, the need for platforms supplying these tools is arising.
Development in the Web3 world is significantly decentralized. This means there’s no completely self-sufficient ecosystem. So, ecosystems interoperate and leverage each other to deliver a sophisticated experience to users.
DEIP is one of the most promising blockchain projects that take the Web3 platforms beyond the ordinary. It gives you all the tools to launch your startup, from planning, tokenization, and liquidity to incorporating other custom functions.
How DEIP benefits from being an Octopus appchain(near ecosystem)
Octopus is a multichain interoperable crypto network that provides a robust security infrastructure and vast opportunities for scalability to launch and run appchains. An appchain is a blockchain system that allows developers to create their unique blockchain and launch their apps within it. It’s often described as application-specific.
Octopus allows DEIP users to benefit from NEAR’s cloud computing features like security, scalability, and accessibility to other blockchains.
Octopus and its substrate ecosystems enjoy the scalability, speed, and cost-effectiveness of the sharding feature provided in NEAR. Even such well-established communities like Ethereum can’t boast of these possibilities today.
While NEAR serves as the mother chain providing the sharding for scalability, Octopus, the appchain, lets builders develop exactly what they want. That’s where DEIP comes in with ready-to-deploy toolkits to foster the creation of intangible assets.
DEIP provides sophisticated toolkits to create fractionalized NFTs (F-NFTs), custom-create governance, create liquidity mechanisms, and other specialized features developers may need in production.
Conclusion
DEIP creator economy protocol is shaping up to be a cracker for Creators. The economy is designed to change the paradigm of value capture without value creation by building various supportive infrastructures.
Stay updated with DEIP through the following channels
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