In the evolving blockchain world, the Dego Finance (DEGO) project stands out as a pioneering initiative that combines decentralized finance (DeFi) and non-fungible tokens (NFT) in an open and cross-chain ecosystem.
💡 Project idea
Dego Finance was launched in 2020 with the goal of creating a protocol that combines DeFi and NFT, allowing users to easily create, mine, and sell non-fungible tokens.
✨ Key Features
Cross-chain architecture: Dego Finance supports multiple networks like Ethereum, Binance Smart Chain, and Polkadot, making it easier to transfer assets between different chains.
Comprehensive NFT toolkit: The platform provides tools like NFT Foundry for creating tokens, NFT Mining for mining them, and Treasureland as a marketplace for buying and selling them.
Integrated reward system: DEGO token holders can participate in platform governance and receive rewards through activities such as mining and auctions.
ScanDrop: An application that allows users to acquire NFT tokens by scanning QR codes, facilitating the distribution of digital assets.
👥 Team and partnerships
The project is managed by an anonymous team, but it has successfully established strategic partnerships with entities such as VIDT Datalink, Mask Network, and BitWell Global, enhancing its credibility and market presence.
📊 Currency performance in the market
Current price: Ranges between $1.81 and $1.94.
Market cap: Approximately $38.5 million.
All-time high: $33.82 in March 2021.
All-time low: $0.4263 in September 2020.
The DEGO token is available for trading on platforms like Binance, MEXC, and Gate.io.
🧠 Summary
Dego Finance represents an innovative project that combines DeFi and NFT in an integrated and cross-chain ecosystem. Despite challenges, such as the hacking incident in February 2022, the project has demonstrated resilience and continued to provide innovative solutions in the digital asset space.
