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DEGO is a cross-chain NFT+DeFi protocol and infrastructure, as well as an open NFT ecosystem. Anyone can create NFT, initiate NFT mining, auction and transaction.
DEGO also provides a cross-chain infrastructure to enable blockchain projects to expand their user base, distribute tokens, and develop more NFT-powered applications. DEGO is establishing a parallel chain through Substrate, so as to realize the cross-chain transfer of NFT assets and integrate applications and underlying protocols.
DEGO is the platform's native utility token and has the following use cases:
Platform governance: DEGO token holders will vote on platform parameters to guide the operation and development of the project.
Incentives: DEGO is used to motivate users to participate in bounty programs, user referrals and other programs in the future.
NFT Kit: DEGO tokens will be used for NFT casting, mortgage, auction and trading, etc.
System Taxation: Users who trade DEGO tokens will contribute to the revenue pool to capture the value of DEGO tokens.
The platform has a series of DEGO NFT kits to completely manage the life cycle of NFT:
NFT Foundry: used to create NFTs with unique attributes and rarity levels, similar to CryptoKitties. Users can lock ERC20 or BEP20 tokens in it, making all Dego NFTs have intrinsic value.
NFT Mining: Mortgage NFT and get mining rewards.
Auction: Dego NFT auction is auctioned in the form of FOMO3D, with higher participation and more revenue distributed to users.
NFT Market: Users can trade NFT on Treasureland.
ScanDrop: A dApp that allows users to participate in NFT airdrops by scanning QR codes.