What is DareNFT?
DareNFT is a universal NFT 2.0 protocol designed to enable the mainstream adoption of digital assets. The platform is equipped with a suite of products that address the current limitations of NFT 1.0, which include unrecognized benefits between NFTs, unrecognized relationships between NFT owners, and hidden risks of NFT ownership.
The first product offered by DareNFT is DarePlay, a GameFi platform that includes a blockchain gaming launchpad, IGO services for non-NFT games, and a Rent-to-Earn and Lease-to-Earn marketplace for in-game items NFT. Following the successful launch of DarePlay and its positioning in the market, DareNFT plans to expand its offerings to include a derivative NFT content platform.
DNFT is the native utility token used for various purposes, including as a system fee in DareNFT for selling, buying, renting, and leasing NFTs, as well as offering discounts for users of DareNFT-based applications. DNFT is also used for governance votes to determine how network resources are allocated. Additionally, DNFT can be locked to mint NFTs, and its circulation is reduced through staker and LP rewards and burning.
The main feature of the DareNFT protocol is its multi-chain capability, which allows clients to choose their preferred network as a service. DareNFT utilizes a 3-layer model similar to AWS with a DAO, wherein NFT-based apps are built on top of the NFT Cloud Service (2nd layer), which in turn is built on top of the DAO using the DNFT token. Moreover, DareNFT also offers NFT 2.0 as a Service, enabling traditional products such as games and content platforms to become NFT-based without the need for building a blockchain infrastructure.
There are 100 billion DNFT tokens in total, with an initial circulation of 2,375,000,000 DNFT at the Token Generation Event. DareNFT was founded by Duke Nguyen (CEO) and Teddy Nguyen (COO), both of whom have extensive experience in building technology startups.
Duke Nguyen is a data scientist with a background in quantum computers, having published several papers on ACM Journal on Emerging Technologies in Computing Systems and Asia Quantum Information Science Conference during his research time at Keio University. He has co-founded two startups that utilize video conferencing technology since 2014, and he has had a keen interest in blockchain since 2017.
Teddy Nguyen is a software engineer and serial tech entrepreneur with over 15 years of experience in software development and business. He has worked as a technical expert in many high-tech firms, including Saltlux, GE Digital, and DirecTV, among others. In his career as an entrepreneur, he has founded several companies such as E-leisure, SotaTek, Dopikai, Icetea Labs, and Mindbank Group, with his outstanding team. Teddy Nguyen is also the President of the Vietnam Chapter of Collaborate, a network gathering more than 500 blockchain experts from around the world.
In summary, DareNFT is a universal NFT 2.0 protocol that aims to facilitate the adoption of digital assets through a suite of innovative products. The platform's multi-chain capability, 3-layer model, and NFT 2.0 as a Service offering make it an attractive choice for those looking to leverage the benefits of NFTs. Additionally, DNFT's utility as a governance token and its ability to reduce circulation through various means add value to the platform. With Duke and Teddy Nguyen's expertise and experience, DareNFT is poised to become a leading player in the NFT space.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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