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Sep 16, 2020What is DEGO Finance?
DEGO Finance is a decentralized finance (DeFi) project that operates as an incubator for Web3 innovations. It supports a variety of projects across multiple blockchain ecosystems, including Depin, Desci, and GameFi. DEGO Finance collaborates with partners to develop new paths in the decentralized world.
Comprehensive NFT Management Suite
DEGO Finance offers a wide range of platforms designed to manage the lifecycle of NFTs. These include:
- Delta: A launchpad for new projects.
- Defusion: An NFT AIGC platform, accessible at defusion.ai.
- NFT Foundry: Allows users to mint NFTs with unique attributes by depositing DEGO, ERC-20, or BEP-20 tokens.
NFT Mining and Auctions
The platform also supports:
- NFT Mining: Stake NFTs to earn rewards.
- Auctions: Participate in NFT auctions, including FOMO3D-style auctions.
DEGO Token
DEGO Finance's utility token, DEGO, serves multiple purposes:
- Governance: DEGO holders can vote on platform decisions.
- Incentives: Used to reward user participation in various activities.
- NFT Suite Operations: Essential for minting, staking, and trading NFTs.
DEGO DAO
DEGO DAO plays a central role in governing the DEGO Finance ecosystem, ensuring that decisions are community-driven. Unlike other DeFi projects, DEGO DAO emphasizes fairness, creativity, and inclusivity, allowing every token holder to participate in shaping the platform's future. Major decisions, including token utilization and project developments, require approval through the DAO's governance process.
Project Development
DEGO Finance, a pioneering Web3 incubator, is expanding its focus on AI and gaming by moving to the TON network. With a history of success in DeFi and NFTs, DEGO aims to deepen its exploration of new technologies and sectors. The TON network, with its rapid growth and significant Total Value Locked (TVL) of over $750 million, offers a promising platform for DEGO's future innovations. DEGO continues to collaborate with partners to drive progress in AI, gaming, and beyond within the Web3 ecosystem.
Projects in the Web 3 Category
Check out other projects in the Web 3 category:
- Arweave: decentralized storage network using blockweave architecture.
- Kusama: an experimental proof-of-stake network serving as a testnet for Polkadot.
- Siacoin: a decentralized cloud storage system for renting or utilizing spare hard drive space.
Dego Finance Price Analysis
As of October 16 2024 Dego Finance has a marketcap of $12M. This is {{percentagefromath}} from its all time high of $33.41. In terms of its tokenomics, there's a total supply of 15M with 36% currently outstanding. Keep in mind Dego Finance has a fully diluted value of $34M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
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