What is DIGIPLAZA?
“The first 2-in-1 NFT Marketplace and DEX built on Binance Smart Chain”
2017 ICOs, 2018 Smart Contracts, 2019 Stablecoins, and 2020 DeFI. And then come NFTs reigning over 2021.
The crypto world with its relatively short history has always been characterized by being fast paced with new technologies & trends rising every year. The Digiplaza ecosystem marries the developments that dominated the blockchain space the past 2 years by enabling mass adoption and feasibility.
The Digiplaza ecosystem enables users to utilize core DeFi use cases while enjoying a seamless user experience. The platform operates as a one-stop-shop for core DeFi use cases through a Decentralised Exchange (DEX) that offers swap, liquidity pools, yield farm and through a community-led decentralised NFT Marketplace. Users can easily buy, sell, create, trade and swap digital products.
$DIGIPT is a BEP-20 token designed as the main currency to access the services and products offered by the Digiplaza platform. It is the native token of the ecosystem with which platform activities such as yield farming, liquidity pool, governance and staking will be carried out as well as fees on the NFT Marketplace and exchange will be collected.
Apart from the intrinsic use cases of $DIGIPT in the platform, it will also be used as the currency facilitating payments and commissions with strategic partners and merchants. This model is applied to increase the utility of the token and usage which will naturally drive up its value.
Wait a minute, what makes the platform UNIQUE?
Digitalplaza will change the status quo of the industry by bringing previously isolated, independent and niche use cases in a singular global platform.
DigiplazaSwap is the Decentralised Exchange of the Digiplaza ecosystem that uses an automated market maker (AMM) model to carry out trade. This means that even though you can exchange digital assets on the platform, there is no backlog where you are paired with anyone else. Instead, you trade against a liquidity pool. Keep in mind that the liquidity pool is credited for the expansion of DeFi’s onchain activities.
NFT is taking over 2021 and it hasn’t even reached its full potential. In fact, NFTs are no longer confined in the blockchain world and are being adopted by global brands such as NBA’s Top Shot and Nike’s CryptoKicks. Digiplaza’s NFT Marketplace edge lies in its technology, boasting cheaper fees than competitors and swift transactions.
The platform is built on the Binance Smart Chain — amongst the first of its kind. One pain point for existing platforms is that they charge high fees and transactions are slow because of the blockchain network they are using. This is the main reason why Digiplaza is built on the BSC Chain — commercial benefits include lower fees compared to other platforms and transactions are processed in under 5 seconds or faster!
The vision is to create accessibility and mass adoption so that anyone who has an internet connection and a smart device will be able to make fast and secure transactions (financial or otherwise) across the world through one single platform: Digiplaza.
This June, the platform is set to start its token generation event and tick off the following milestones: public security audit, mainnet launch and the creation of trade features. The mechanics of token staking and flexible royalties will also be released by then.