Ethereum
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Balance: $0
($226.29 k)
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CoinMarketCap.comDev Protocol operates as a model using a decentralized autonomous organization (DAO) approach. It coordinates tasks jointly with Polygon, an element that enhances Ethereum functionality, to sustain its properties and individual interactions. The system has been curated to continuously assist creators and foster increasing group involvement through DAOs in the Web3 environment. For its function, Dev Protocol affirms adherence to FINMA (Swiss Financial Market Supervisory Authority) directives.
Ongoing construction takes place within the platform, adding more facets and options, such as "Clubs." Through the Partner Program, the platform enables creators a way to derive benefit from their endeavors.
Dev Protocol is contemplating a petition to FINMA for regulation of a strategic utility token. The assets tokens within the Dev Protocol represent ownership of user asset bundles and conform to ERC20, thus endorsing simple transfer to wallet addresses. The intent of the Protocol is to form a bridge between traditional fundraising methods and web3, while actively interacting with administrative bodies. Dev Protocol empowers its users to trade tokens and rewards, thereby converting OSS (Open Source Software), Art, and communities into properties with acknowledged significance. The emphasis at Dev Protocol on regulator compliance is grounded in the belief that it promotes potential partnerships and expansion of the ecosystem.
Users of Dev Protocol receive staking rewards based on their token amount, reminiscent of how profit sharing takes place among company stockholders. One of the offerings of Dev Protocol is that GitHub users can tokenize their OSS projects, offering ongoing finance and forming core economic models for projects. Dev Protocol acts as an open decentralized middleware that verifies the endeavors of creators to ensure longevity. Property tokens on this platform carry authorization information and have routine chaining as a preventive action against deceptive behavior.
The aim of Dev Protocol is focused on offering fundraising solutions, resulting in envisioned products like "Clubs." These "Clubs" encourage community involvement by offering incentives. Furthermore, they distribute tradable tokens (ERC20) labeled as "Property tokens," supporting robust web3 rewards and community bonds. Dev Protocol organizes a framework to distribute communal rewards and address sustainability difficulties. It can be expanded to support data transactions, which are integral for the evolution of an emerging community. Individuals can tokenize their efforts using Dev Protocol and its readily available DAO framework, providing long-term support for independent writers and the initiation of DAOs. Customizing audio narration and accessing offline reading are additional offerings made by this platform.
DEV, a utility token on the Ethereum network developed by Dev Protocol, provides a unique platform for open source software (OSS) creators. Its design enables OSS contributors to stake tokens on projects of their choice. This staking facility is a contemporary method that Dev Protocol introduces, bypassing typical funding mechanisms for OSS initiatives. With an established link to GitHub, Dev Protocol enables a streamlined credential verification process. Also, the DEV token stimulates interactive engagement, with incentives including staking benefits and opportunities for community voting. The use of the DEV token within the ecosystem fosters an environment for OSS creators and supporters that diverges from traditional OSS financing methods.
In this ecosystem, you partake in activities involving the token and its outlined functions.
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DEV Metrics:
Current price: $0.0998
Market cap: $248.06 k
All-time high: being indexed (being indexed)
All-time low: being indexed (being indexed)
Daily trading volume: $190
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