DREP Coin Price Prediction
DREP Coin It is among the crypto coins traded on stock exchanges. DREP Coin comments and analysis, which are carefully followed by stock market investors, attract great attention. You can follow us and benefit from the information here.Information about DREP Coin and its project, which has attracted attention recently, is searched through search engines and it is tried to be informed. In this context, we have compiled what cryptocurrency investors should know before investing in DREP. You can access all the details about DREP Coin in this guide.
DREP’s vision:
Internet platforms (social networking, online content providers, online games) build an infrastructure to accelerate user growth and traffic monetization, Address fake news/content/account identification and filtering, Develop reputation-backed assets and reputation-backed currency tokens, Token holders for more targeted user acquisition creating a sharing pool,
DREP is also a blockchain with gamification tools.
Serving as a “connector” and “toolbox” on the blockchain, DREP supports multi-chain DApps with built-in payment and transaction, generating true super DApp. Supports distribution. The DREP blockchain is based on an enhanced version of the traditional Practical-Byzantine-Failure Tolerant (PBFT) consensus mechanism and the Delegated Proof of Stake (DPOS) consensus mechanism. DREP is even more compatible with smart contracts in the Ethereum Virtual Machine (EVM) and WebAssembly formats. The DREP Chain has a double layer structure consisting of a root chain and customizable subchains. Additionally, the blockchain technology-based platform is reportedly enhancing data processing capacity such as layer 2.0 support to any smart contract project. The project team also claims to offer strong scalability without any gas fees.
A node in the network can transmit real-time data executed in a smart contract to external applications via the Smart Pipeline, which, after calculation, returns the results to the blockchain. .
Decentralized application (dApps) developers use its platform to integrate multi-version into any Dapp.
DREP continues its efforts in areas such as NFT, Metaverse, and Web 3.0.
To get Drep, you can subscribe to the Gateio exchange here.
What are the DREP project and its future?
The project was founded by Momo Chang and Xiaolong Xu, named after the famous evolution theorist Charles Darwin, German mathematician Bernhard Riemann is named after the first letters of the names of Swiss mathematician Leonhard Euler and German physicist Max Planck.
The Decentralized Reputation System (DREP) enables Internet platforms to measure, monetize and share reputation value. The DREP Foundation aims to provide a blockchain infrastructure and decentralized reputation protocol. These will empower existing Internet platforms to reveal their reputation values and ensure the interconnectedness of reputation data in the Internet community.
DREP What is a coin?
As an Ethereum blockchain-based token, the DREP token has many functions, such as payment of gas fees and a payment instrument for transactions between sub-chains and asset trading in future DREP games.
DREP is committed to building “connectors” and “toolboxes” based on blockchain technology and aims to provide solutions that combine ease of use, flexibility, and seamless integration. Based on DREP Chain, DREP ID, and DREP SDK, DApp teams can do operations like one-click issuing multiple public chain asset versions, embedded wallets, and asset trading platforms.
Where and how to get DREP
With a maximum supply of 100 million units, DREP Coin has a circulating supply of 39.9 million units. It has a market capitalization of $48 million as of January 6, 2022. DREP Coin can be bought and sold on exchanges such as Binance, Gate.io, Ascendex, HotBit.
