Deeper Network: The Decentralized Internet Infrastructure for Web3.0
The Deeper Network can’t stop, won’t stop. They closed March with a successful four-days-four-platforms initial public sale on some of the best launch platforms available! And from April 10th at 00:00 UTC, the DPR token will be available on Uniswap.
Deeper Network aims to be a “self-sustaining decentralized economy.” Let’s explore that idea.
DPR is the native token of the Deeper chain, an ecosystem for decentralized services and applications. Those Dapps will use DPR as gas. And the common user will spend and earn the token by using or contributing bandwidth to the network. The total supply will be 10 Billion and 60% of those DPRs will be distributed among miners and bandwidth contributors.
The project’s been making waves since winning Web 3’s Substrate Builder Program for Polkadot developers. After that, the company released a record-breaking hardware gadget, the Deeper Connect. So far they’ve sold over 10.000 units through IndieGogo, making it the most successful blockchain product on the platform.
The Deeper Connect offers a Decentralized Private Network or DPN. As opposed to traditional VPNs, this product doesn’t have a single point of failure. It also doesn’t work on a subscription basis, you’ll only need to buy the plug-and-play product once and you’ll have a private network for life. In addition to that, it provides a seven-layer firewall that blocks trackers, malware, everything. You’ll have enterprise-quality protection in your own home. The cherry on top is that it’ll enable you to share your unused bandwidth with the network and earn DPR by doing so.
The Deeper blockchain consists of two layers, the top one hosts a number of validator nodes like your typical blockchain. The bottom layer — AKA the deeper layer — hosts a huge number of deeper devices that earn credits by providing services to the network. The Deeper Network uses a Proof-Of-Credit consensus mechanism. Similar to Proof-Of-Stake, validators earn their right to process transactions both by staking DPR and by delegated credit scores of bottom-layer deeper devices.
Since the Deeper blockchain is a distributed network, each of the devices is a client and a server. Each device becomes a node as soon as you plug it in. And the more people connected to the network, participating in the services, the more secure the ecosystem will be. Not to mention completely private and uncensorable. To ensure that, the Deeper Network “developed its own operating system, adaptive tunneling, intelligent routing, IP multiplexing and tunnel layer congestion control.”
That’s one of the reasons the Deeper team won the “Most Affected Communities Welcomed” award in the first Polkadot Hackathon. They were also the runner-ups of the whole thing and took home a portion of the 40.000 Yen prize.
Straight from the Deeper Network Medium “It is for these reasons that we made the decision to list DPR on Uniswap initially. This will take place on April 10 @ 00:00 UTC.”
The Contract number is: 0xf3AE5d769e153Ef72b4e3591aC004E89F48107a1.
Deeper Network has massive partners already and solid tokenomics that will make this launch one you wont want to miss! Rest assured that the security of the Deeper Network’s Smart Contract was audited and completed by the SnowMist team.
See the tokenomics below for the initial supply and vesting prices.
