DEIP token (DEIP)

Creator Economy Protocol

Review Score
ICO Price
0.000933 NEAR
Pre ICO Price
0.0125 NEAR
Soft Cap
Hard Cap
Start Date
12 April 2022
End Date
30 April 2022

What is DEIP token?

DEIP token serves three major functions in the network:

  • Utility token: DEIP token is a native token in DEIP network. The token serves multiple purposes and can be used as payment mechanism, governance token, and staking for yield farming in the network. All financial transactions in the network have fees (specified by network council).
  • Governance token: As a governance token, DEIP token provides holders with voting rights for the election of Validators and council members, and for the adjustment of the key network parameters through referendums. Before network launch DEIP token holders will also able to participate in governance of the network launch process by approving or declining council decisions.
  • Staking and yield farming: Network participants can stake DEIP tokens on a specific F-NFT segment to farm the yield of underlying intangible assets. If you stake your DEIP tokens on a specific industry (segment) in the network, every financial transaction made in this industry has a fee. The fee collected is shared between the ecosystem fund and yield farmers in the industry where the transaction is performed (eg. music, movies, invention, etc).

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