Digital Entertainment Asset (DEA) is announcing that its native DEAPcoin is listed on Gate.io – one of the leading crypto exchanges.
The DEAPcoin, listed as ticker code “DEP”, is the native token of the DEA ecosystem. This includes PlayMining, a platform of Metaverse and games, which reward its users for playing, while raising funds, and its NFT Marketplace for buying and selling in-game NFT assets.
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The DEP token addition to Gate.io follows the token’s listing on BITPOINT, BITTREX GLOBAL, INDODAX, OKX, BITGLOBAL, Bitrue, and DIGIFINEX. The unique feature of listing on Gate.io is that the community members vote on the tokens that they want to be listed. When over 10 million votes are collected for a specific asset, they are then added to the exchange, Gate.io currently features in the top 10 most popular exchanges with a 24-hour trading volume of over $3 billion.
The start date for the listing will take place from 18th February. Gate.io will offer trading on the following pairs: DEP/USDT, DEP/ETH
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Statistics show that many gamers are moving over from traditional gaming platforms where they need to pay to play to the blockchain-based gaming model, which allows them to earn by participating and engaging in gameplay. The Play to Earn model has seen an explosive rise in popularity and in-game NFTs now account for over 20% of the total NFT trading volume.
This news comes on the back of DEA’s recent funding announcement where the Singapore-based blockchain company has raised over $12million.
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