Rank: 1806
134 Watchlists
DeFi
DOP Price
Contracts/Explorers:
Ethereum
Funds and Backers
Drops integrates NFT assets into a wider DeFi ecosystem, through fractionalization protocol, dNFT.
IDO
21 May — 21 May 2021
Raised
$ 200.00K
Price:
$ 0.600
ROI:
0.22x -78.2%
Platform:
N/A
ATH ROI:
8.24x +724.4%
Market Cap
$ 1.75M
FDV
$ 1.96M
ATH Market Cap
$ 26.21M
24 Trade Vol.
$ 33.94K
Vol. (24h) / MCap
0.0194
Max Supply
DOP 15,000,000
Total Supply
DOP 15,000,000
Circulating Supply
DOP 13.43M
(89.5% of Max Supply)
Listing Date
21 May 2021
IDO Price
$ 0.600
21 May 2021
IDO ROI
0.218x
All Time High
$ 4.95
21 May 2021
All Time Low
$ 0.049
23 Oct 2023
From ATH
From ATL
Drops integrates NFT assets into a wider DeFi ecosystem, through our very own fractionalization protocol, dNFT.
In simple terms, the dNFT protocol enables NFT assets to be pooled and converted into representing ERC20 tokens. This functionality can be used for a variety of applications, including loans and yield farming — two very prominent DeFi use cases which are widely used for fungible assets.
Rather than letting assets sit idle, NFT holders will now be able to actively participate in the DeFi ecosystem and earn returns, all without having to sell their NFTs.
Via dNFT, Drops users will be able to:
STAKE NFT AND EARN DPOINTS
PARTICIPATE IN DROPS ARTWORK RAFFLES
GET CASHBACK REWARDS
As the official utility token of the Drops ecosystem, DOP will be accepted as the primary method of payment for buying and selling NFTs on the platform. It will also be used in a hybrid-governance model, in conjunction with the original Node Runners token (NDR).
The DOP token will also be used to pay users liquidity mining rewards and cashback rewards on Drops purchases. Users can stake these DOP tokens to earn dPoints — non-transferrable coupons which are redeemable for the purchase of NFTs within the platform.
Finally, the DOP token will be utilized in future functions and promotions on Drops, such as participation in NFT raffles.
Drops's current price is $ 0.131, it has dropped -3.77% over the past 24 hours.
Drops's All Time High (ATH) of $ 4.95 was reached on 21 May 2021, and is currently -97.4% down.
The current circulating supply of Drops is 13.43 Million tokens, and the maximum supply of Drops is 15.00 Million.
Drops’s 24 hour trading volume is $ 33.94 Thousands.
Drops's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 1.75 Million.
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