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What is DPET

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1. What is DPET?

Introduction to DPET Cryptocurrency

DPET is a cryptocurrency primarily used for virtual pet trading and breeding in the game My Neighbor Alice. It is based on Ethereum blockchain technology and is an ERC-20 token. The main functions of DPET include:

  1. Virtual Pet Trading: DPET is used to buy, sell, and trade virtual pets in the game.
  2. Breeding and Raising: Players can use DPET to breed and raise virtual pets, increasing their value and rarity.
  3. In-Game Economy: DPET is central to the in-game economy, facilitating transactions and interactions among players.

The design of DPET aims to provide players with a secure, transparent, and decentralised platform for virtual pet trading. It leverages blockchain technology to ensure the security and immutability of transactions, offering a fair and trustworthy gaming environment.

Note: This introduction does not cover DPET's price information, but only provides its basic functions and features.

2. Who founded DPET?

My DeFi Pet (DPET) is a cryptocurrency and gaming project incubated by KardiaChain and developed by the Vietnamese game developer TopeBox.

3. Which venture capital firms have invested in DPET?

According to the provided information, the following venture capital firms have invested in cryptocurrency-related projects, including investments related to "dpet" (My DeFi Pet):

  • Axia8 Ventures: Invested in the Vietnamese game studio Topebox and its blockchain partner KardiaChain for the launch of the blockchain game My DeFi Pet.
  • Blockdream Ventures: The investment arm of OKEx, invested in Topebox and KardiaChain for the launch of My DeFi Pet.
  • Megala Ventures: A blockchain-focused VC, invested in Topebox and KardiaChain for the launch of My DeFi Pet.
  • Animoca Brands: A game developer, invested in Topebox and KardiaChain for the launch of My DeFi Pet.

This information comes from the provided first link, which mentions a $1 million investment received by Topebox and KardiaChain to launch the blockchain game My DeFi Pet.

4. How does DPET work?

DPET (My DeFi Pet) is a cryptocurrency that operates on blockchain technology. Here are the key details about how DPET cryptocurrency works:

  1. Decentralised: DPET is decentralised and not controlled by any central authority or government.
  2. Blockchain Technology: DPET uses blockchain technology to record all transactions, ensuring security and transparency.
  3. Transaction Methods: DPET can be traded on centralised exchanges such as KuCoin.
  4. Security: DPET uses encryption technology to protect transactions and ensures the security and transparency of transactions through blockchain technology.
  5. Wallet: Users need to use a cryptocurrency wallet to store and manage DPET, such as creating a wallet on platforms like Cryptomus.

Overall, the operation of DPET cryptocurrency is similar to that of other cryptocurrencies, relying on blockchain technology and decentralised principles to ensure security and transparency.

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