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DEGO is a cross-chain NFT + DeFi protocol and infrastructure, as well as an open NFT ecosystem. Anyone can create NFTs, initiate NFT mining, auctions, and trading.
DEGO also provides a cross-chain infrastructure to enable blockchain projects to expand their user base, distribute tokens, and develop more applications empowered by NFTs. DEGO is building parachains through Substrate to facilitate cross-chain transfer of NFT assets and integrate applications and underlying protocols.
DEGO is the native functional token of the platform, with the following use cases:
Platform Governance: DEGO token holders will vote on platform parameters to guide the operation and development of the project.
Incentives: DEGO will be used to incentivize users to participate in bounty programs, user referrals, and other initiatives in the future.
NFT Suite: DEGO tokens will be used for NFT minting, staking, auctions, and trading.
System Tax: Users trading DEGO tokens will contribute to the revenue pool, thereby capturing the value of the DEGO token.
The platform has a suite of DEGO NFT tools to comprehensively manage the lifecycle of NFTs:
NFT Foundry: Used to create NFTs with unique attributes and rarity levels, akin to CryptoKitties. Users can lock ERC20 or BEP20 tokens within it, giving all Dego NFTs intrinsic value.
NFT Mining: Stake NFTs and receive mining rewards.
Auctions: Dego NFT auctions are conducted in a format similar to FOMO3D, offering higher engagement and distributing more earnings to users.
NFT Marketplace: Users can trade NFTs on Treasureland.
ScanDrop: A dApp that allows users to participate in NFT airdrops by scanning QR codes.
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