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Dream Machine Token

DMT$0.00
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Price Data

Analysis

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Arbitrum-one: 0x8b0e...04e8
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Market Cap

61689007
#811

All-Time High

184.79

All-Time Low

0.02494659

Fully Diluted Valuation

61689007

Circulating Supply

994366.4672984916 (100%)

Total Supply

994366.4672984916

Max Supply

1000000

What is The Dream Machine Token ($DMT)?

The Dream Machine Token ($DMT) is the native cryptocurrency of Sanko, an Arbitrum Orbit Layer 3 network. Sanko aims to revolutionize the gaming industry by offering an infrastructure that supports both gaming and decentralized finance (DeFi) applications.

  • Subcent Transaction Fees: Ensures cost-effective transactions.
  • 250ms Transaction Finality: Provides rapid transaction completion.
  • Superior Developer Tooling: Enhances ease of creating and integrating gaming projects.

Sanko GameCorp

Sanko GameCorp is renowned for its NFT gaming series on Ethereum, including flagship titles like Sakura Park and Streets of Milady. As they transition to the Dream Machine platform on Arbitrum, future releases will be optimized for this new network. NFT holders will benefit from:

  • Exclusive Gaming Privileges
  • Special Rewards and Bonuses

DMT Utility

The Dream Machine Token ($DMT) serves multiple functions within the Dream Machine ecosystem. $DMT not only supports in-game transactions but also drives platform engagement through various reward mechanisms and staking benefits. It acts as a utility token for transactions, rewards, and staking.

  • Medium of Exchange: Facilitates transactions between participants.
  • Decentralized Payments: Eliminates the need for centralized intermediaries.

Gameplay Rewards

Players earn $DMT as rewards based on their performance in games. These rewards are distributed every 10 days, encouraging high engagement and fair play by filtering results to avoid bot activity.

  • High Scores and Gameplay Rewards
  • Rewards Epochs: Results are updated every 10 days.

Liquidity Mining and Staking

To support liquidity on the Dream Machine platform, users are incentivized to provide liquidity through staking. This process includes:

  • Liquidity Mining: Users earn $DMT by contributing to liquidity pools.
  • NFT Staking: Future plans include staking Sanko NFTs to earn $xDMT.

Other Projects in the Layer 3 Category

  • XAI: a gaming-focused cryptocurrency using Arbitrum for seamless integration.
  • Orbs: a decentralized blockchain with proof-of-stake, offering various protocols and services.
  • Degen (Base): evolved from a Farcaster channel reward token to a popular crypto asset.

Dream Machine Token Price Analysis

As of December 5 2024 Dream Machine Token has a marketcap of $62M. This is {{percentagefromath}} from its all time high of $184.79. In terms of its tokenomics, there's a total supply of 994K with 100% currently outstanding. Keep in mind Dream Machine Token has a fully diluted value of $62M 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.

Chat GPT LogoClaude LogoSummarized in part by ChatGPT 4 and Claude