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What is DG

Tokens

1. What is dg?

Introduction to DG Cryptocurrency (Decentral Games)

  1. Platform Overview:

  2. Decentral Games (Token Code: DG) is a token based on the Ethereum blockchain.

  3. It is the native token of the Decentral Games platform, used for purchasing virtual goods, playing games, and voting on decisions.

  4. Value Proposition:

  5. Decentral Games offers a value proposition that differs from traditional cryptocurrencies, creating income for token holders through its unique financial structure and ecosystem funds.

  6. The platform's finances can be divided into two parts: financial funds and ecosystem funds. Financial funds represent the funds generated by the product itself, while ecosystem funds are generated from the proceeds of token sales.

  7. Financial Structure:

  8. The financial funds of Decentral Games belong to the investors and are decided upon through a DAO (Decentralized Autonomous Organization) regarding how they are allocated.

  9. The platform's finances include revenue generated from gaming hall bets, $DG token reserves belonging to the DAO, digital real estate owned by Decentral Games in Decentraland, NFTs, and income generated through Matic validator nodes.

  10. Ecosystem:

  11. The ecosystem funds of Decentral Games are currently protected in stable currencies and generate interest to pay for the project's operational expenses.

  12. This structure ensures continuity of the project, keeping it insulated from market volatility.

  13. Token Characteristics:

  14. The Book Value (P/BV) metric of the DG token can be determined by dividing financial valuation by the number of tokens in circulation, reflecting the intrinsic value of each token.

  15. The Price-to-Earnings (P/E) ratio of the DG token can be calculated by dividing financial profits by the number of tokens in circulation, indicating how much profit token holders generate for each circulating token.

2. Who founded dg?

According to the information provided, the founders of Decentral Games (DG) are Miles Anthony and Steve Becerra. Miles Anthony is the CEO of the project, holding a bachelor's degree in mathematics and economics from the University of California, Los Angeles, and has previously worked on the Flux project. Steve Becerra is the CTO of the project and has collaborated with projects such as Digipet, Mobimoney Profix, and Anything App.

3. Which venture capital firms invested in dg?

According to the provided information, here are some venture capital firms and investment institutions that have invested in the cryptocurrency space:

  1. Tiger Global: Invested in multiple crypto projects such as CoinSwitch, FTX, PDAX, Amber, NEAR, Helium, LayerZero Labs, Polygon, Aleo, The Graph, Serum, Yuga Labs, and more.

  2. SoftBank China: Invested in the digital currency market analysis company "BitEase."

  3. BlueRun Ventures: Co-invested in "BitEase" with SoftBank China.

  4. GF Network and Distributed Capital: Co-invested in the digital asset trading platform CoinMex.

  5. Huobi and OKCoin: Co-invested in the decentralized digital asset custody trading platform BHex.

  6. Soros Quantum Fund: Invested in Ethereum CryptoKitties.

  7. ING Ventures: Invested in the blockchain trade finance service platform TradeIX.

  8. March Capital Partners: Invested in the cybersecurity company Xage Security which utilizes blockchain technology.

This information indicates that multiple venture capital firms and investment institutions have begun to venture into investments in the cryptocurrency and blockchain sectors.

4. How does dg operate?

How DG Cryptocurrency (Decentral Games) Operates:

  1. Underlying Technology: DG cryptocurrency is based on blockchain technology, utilizing a decentralized distributed public ledger to record all transactions.

  2. Transaction Method: Users can purchase or sell DG through cryptocurrency exchanges, such as platforms like ChangeNOW.

  3. Application Scenarios: Decentral Games is a platform that combines gaming with Decentralized Finance (DeFi), allowing users to participate in various games like blackjack, roulette, and poker using cryptocurrencies.

  4. Economic Model: The platform has introduced an economic model that rewards player participation. By engaging in in-game activities, players have the opportunity to earn cryptocurrencies.

  5. Security: DG cryptocurrency employs blockchain technology and cryptographic algorithms to ensure the security and immutability of transactions.

  6. Community Governance: While Decentral Games itself is not a DAO, it provides a community-driven gaming platform within the metaverse, allowing users to influence the platform's development by participating in games and community activities.

In summary, DG cryptocurrency (Decentral Games) offers a secure and transparent gaming and financial experience through blockchain technology and decentralized transactions.

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