Description
Decentralized Reputation System (DREP) enables Internet platforms to quantify, monetize, and share reputation value. DREP Foundation aims to provide a blockchain infrastructure and decentralized reputation protocol. These will empower existing Internet platforms to unleash their reputation value and achieve the interconnectedness of reputation data in the Internet community. DREP's vision: - Build an infrastructure to accelerate internet platforms? (social networking, online content providers, online games) user growth and traffic monetization - Tackle the issues of fake news/contents/accounts identification and filtering - Enhance tokenomics based on reputation-backed assets and reputation-backed currency - Establish token holders sharing pool for more targeted user acquisition
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, Drep has established itself as a formidable player. It is currently ranked #1,913 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in Drep as a viable digital asset.
Tokenomics
The tokenomics of Drep consist of a total supply of 324,627,510 tokens, out of which 145,483,887 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.
Wallet Support
In order to securely store your Drep tokens, you can use a variety of wallets such as MetaMask, Trust Wallet, MyEtherWallet, Ledger, Trezor. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.
Popular Exchanges
To buy, sell, or trade Drep, you can use various popular exchanges such as ArkenSwap. These platforms offer a seamless experience and allow you to manage your investments in Drep with ease. Always remember to conduct thorough research before choosing an exchange, as the security and reliability of the platform are crucial for your digitalassets.
