DEAPcoin DEPPrice $ 0.00114

DEAPcoin is the native token of the PlayMining NFT game platform. The project was designed with the mission to create a platform that protects the rights of creators from all across the globe. PlayMining has three unique functions: PlayMining Games, PlayMining NFT, and Playmining Vault.

As mentioned, DEAPcoin is the platform’s native cryptocurrency. It is an ERC20 token and has a maximum supply of 30,000,000,000. DEAPcoin functions as a utility coin.

What are DEAPcoin’s key features and how does it work?

PlayMining Games allows users to earn DEAPcoin whilst playing any of the available titles. The games are off-chain browser-based platforms that with the use of an API operate as NFT games. Games can therefore easily be integrated with the platform without having to undergo major redevelopment for on-chain deployment. 

The PlayMining Game flagship product, released in 2020, is JobTribes. It is a trading card game. Players can collect and trade Job Lords. Each Job Lord represents a profession.

The next product is PlayMining NFT. The platform operates as an auction market where users can buy, sell and trade NFTs. DEAPcoin is used as the payment method. DEP can also be staked on the platform using the DEP Staking functionality. APR varies depending on the total pooled sum of DEP.

The PlayMining vault incentives DEP staking by distributing more DEP or NFTs to users who take part.

What is noteworthy about DEAPcoin?

A core part of the PlayMining mission is allowing creators to showcase their work via the creation of NFTs. As such, the project has partnered with over 100 artists from around the world who have contributed artwork for NFT use. In particular, JobTribes NFTs use the art from many collaborators from Japan.

NFTs within the PlayMining ecosystem and economy are traded on the PlayMining Chain. This is a side chain of the Ethereum Network.