VeDC Token Integration

#300天打卡活动# #DeGate# After 54 days, the total Holdings of DG was 10131.

A Web3 instant messaging platform will launch a beta version in December, utilizing end-to-end encryption and Blockchain technology to enhance user security and privacy, having secured $2 million in funding to improve the experience. The platform emphasizes Decentralization and user participation, featuring a rewards mechanism that redefines digital interaction.

A Web3 social platform has announced that it will launch an invitation-only beta version in December 2023 and has completed $2 million in pre-seed funding. The platform utilizes Blockchain technology to achieve secure end-to-end encryption communication, emphasizing user privacy and Decentralization, enhancing user experience through innovative features, and aims to redefine the way digital interactions occur.

The Xin Kang Jia DGCX platform has recently been exposed for a 13 billion RMB eyegawash due to the closure of its withdrawal channel, with over 2 million victims. This platform employs a Ponzi Scheme and multi-level marketing model, promising high returns but is actually engaged in false trading. Some core personnel have been controlled, warning investors to be cautious of high-yield products and pump-and-dump mechanisms.

Looking back at the entrepreneurial journey in the crypto world, I can't help but feel a surge of emotions. Since the era of Bihu, I have witnessed the Gulu team's nearly 8 years of entrepreneurial history. Their journey began with MYKEY, explored the Orderbook second-layer protocol, and now focuses on the development of a pure Swap DEX. In this long journey, countless projects have come and gone, bull and bear markets have alternated, and many have given up halfway. This experience of long-term participation is akin to being involved in an angel round investment in a company, with unpredictable results. Looking at the current landscape of the Swap track, Uniswap ranks first with a valuation of $5.6 billion, followed closely by Jupiter at $1.4 billion, and PancakeSwap maintaining a market value of $800 million. In contrast, DG remains relatively unknown, with a market value of only $50 million and relatively insufficient liquidity. Most people are still unaware of its utility. However, although DG is in its early stages, it harbors ambitious goals—to connect the three public chains of BSC, ETH, and Solana, and build a pure intermediary light asset Swap platform for cross-chain consensus. The success of this model, which does not rely on self-owned liquidity and completely depends on third-party matchmaking, still remains uncertain. However, if DG can really establish a foothold in the DEX ecosystem of these three mainstream public chains, a market value of $1 billion may just be the starting point, and a valuation of $10 billion is also not out of reach. Currently, DG's product form is still relatively basic, and the contract design is relatively simple. Perhaps we can give it another five years to prove itself? Will the Gulu team’s innovation this time be the key breakthrough of "coming late but not willing to fall behind"? Can DG stand out in the fierce competition and become a new star in the cross-chain DEX field? Let us wait and see.