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đź’° decentralized Finance
❌
đź–Ľ decentralized Artworks
❌
đź‘ľ decentralized Gaming

This thread is a beginner guide to the ecosystem @DigiColofficial is building to put together Finance, Artworks and Gaming.

Let’s deep dive! 🏊
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#DigiCol aims to offer one-click NFT creation with no coding required, which lowers the entry barrier for normal users. So, users can create their own digital collectibles and earn rewards ($DGCL) by launching them into a liquid NFT marketplace.
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Actors - NFT Traders

Both NFT buyers and sellers get $DGCL during in exchange for their trading. A large amount of the total supply is reserved to them, and is issued every week, 50% for buyers and 50% for sellers.

This liquidity incentives makes the marketplace liquid.
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Actors - NFT Holders, Liquidity Providers

One basic DeFi feature in #DigiCol is that:

- NFT Holders can unlock liquidity in $ETH, $USDT, or $DGCL by locking their NFTs as collateral.

- Liquidity Providers, in turn, gets $DGCL rewards for providing their liquidity
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Borrowers can put any NFTs up for collateralization. Other users can offer a loan. If the borrower accepts the offered loan, $ETH, $USDT, or $DGCL gets paid out from the lender's account to the borrower and the borrower’s NFT gets locked in the DigiCol smart contract.
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Once the borrower repays the loan the asset will be transferred back to the borrower.
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If the borrower doesn’t pay back the total repayment amount in time, the asset will be transferred to the lender.

A lender can browse his favorite NFTs like ETH domains, #Decentraland assets, #CryptoKitties, or any other NFT and offer loans on assets he’s happy to back.
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Burns

DigiCol will enforce a disinflationary mechanism, for which a small fee is due whenever creating or trading an NFT. This fee goes to a wallet connected to a smart contract that buys up $DGCL tokens from the market with the generated fees and then burns these tokens.
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DigiCol has several distinct use cases which makes it unique. Example given: with DGCL tokens it becomes possible to have fractional ownership in NFT assets. This opens the door to the possibility of owning a part of an extremely valuable asset.
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Decentralized Gaming

DigiCol has recently entered the DefiGamingAlliance and furthermore partnered with @AnRKeyX âť•

This enables NFTs generated on DigiCol to be staked for $ANRX rewards, achievements, and power boosts in gDEX games.
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With this partnership, DigiCol will be one of the first to utilize the gStake SDK for true interoperability with DigiCol NFTs on the gDEX!

gDEX x NFT x DeFi ⏩ Here comes the third ring ⏩ NFT meets Gaming

Learn more here -> https://bit.ly/39Rni54 
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Crypto-Artists

#DigiCol @DigiColofficial is about to disclose a wide list of collaborations and partnerships with famous artists. 

If you love Blockchains and Art too, please stay tuned đź‘€ đź’«
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Roadmap

Some milestones from the Roadmap ↙️

Q1 ’21 - Platform launch 🚀
Q2 ’21 - Governance 🏛
Q3 ’21 - App mobile 📱
Q4 ’21 - DigiCol 2 BETA => Augmented Reality, Virtual Reality, 3D Artworks 🧨
Q1 ’22 - DigiCol 2 => Physical Collectible❕
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The Team

🤵🏽Eric Shim  @shim1028 — CEO
 He spent the past three years at Hanwha Group helping financial enterprises optimise their digital strategy

🤵🏽Henry Joo — COO
 Yes, he was DIRECTLY involved with the incubation and launch of @PokemonGoApp
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🤵🏽David Lee @firstmoverjun — CMO
Prestigious recognition in the startup world, Co-founder of Firm9zero

🤵🏽Andy Cheung @AndyC0125 — Advisor
Does Andy need be introduced? Really, notâť•
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The Tokenomics

🧮 Actual Circulating Supply - 12.8M
🧮 Total Supply - 165M

💵 Actual MarketCap - 900k$

💵 Team Tokens - Locked for 2 Years
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