What is Dego.finance?

in #nft3 years ago

What is Dego.finance?
Launched on 17th September 2020, Dego.finance(DEGO) is a cross-chain NFT+DeFi protocol & infrastructure, offering an open NFT ecosystem where anyone can mint NFTs, initiate NFT mining, auctions and trading on Ethereum and Binance Smart Chain.

DEGO offers a cross-chain infrastructure to enable Blockchain projects to grow their user base, distribute tokens, and to develop more diverse NFT-powered applications. DEGO is also building a Parachain through Substrate, enabling cross-chain NFT asset transfers, combining applications and underlying protocols.

What Problem does Dego.finance solve?
The prominent problem we solved is "Giving NFT Utility". NFT is now regarded as a digitalised ownership of an art but it has no impact beyond that. While we enabled Mining, Auction and Trading for an NFT, so its utility goes beyond just ownership.

Why is Dego NFT different from other kinds of NFTs?
Dego NFT Standard allows a locking mechanism of injecting certain amounts of ERC20/BEP20 token in the minting process, so every DEGO NFT has an intrinsic value, equal to the value of tokens locked in it.

What is the vision for Dego.finance?
The core team believes in “Blockchain for Good” and has a track record of delivering Dapps that gains mass adoption. Dego is like Lego bricks in Blockchain that provides fun-to-use and easy-to-integrate products and tools. We are determined to do bring blockchain application to ordinary people for everyday use.

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