DEIP provides a Web 3.0 infrastructure for a decentralized creator economy. Using Web3 technologies, DEIP plans to make creator economy assets (like patents, music, movies, etc.)more liquid at any stage of their development. By tokenizing intangibles as NFTs and Fractionalized NFT. DEIP enables a novel way of governance of these assets using DAOs When these assets are tokenized, they can be used as collateral in Decentralized Bank for Creators to borrow stablecoins. With such technologies creators will have much better access to capital and be able to realize their potential.
DEIP token is a native token in DEIP network. The token serves multiple purposes and can be used as payment mechanism, governance token, and staking for yield farming in the network. All financial transactions in the network have fees (specified by network council).
DEIP IDO will take place in two stages on two different dates and platforms:
Stage 1: Apr 12 — Boca Chica, 8,000,000 tokens to be sold.
Stage 2: Apr 15 — Skyward.finance, 200,000,000 tokens to be sold.
As part of the IDO 208,000,000 tokens will be sold, 5.20% of all DEIP tokens. Following the IDO, participants in the public sale will receive their tokens at the token generation event with no vesting.
10% of the funds raised will be donated to support humanitarian causes to aid refugees from Ukraine.