CDS CDS Wiki What is Dione Crypto? A Quick Introduction to the Dione Protocol – 2023
CDS Wiki

What is Dione Crypto? A Quick Introduction to the Dione Protocol – 2023

515
What is Dione Crypto A Quick Introduction to the Dione Protocol

As a project using renewable energy to power the crypto revolution, the Dione Protocol aims to democratize green energy. As of this writing, the project has revealed that they are in the process of building a blockchain, a secure wallet, and a cross-chain swap for seamless transactions between blockchains. In this article, we reviewed the Dione crypto and the Dione Protocol.

What is Dione Crypto? A Quick Introduction to the Dione Protocol – 2023

The Dione Protocol is an ecosystem whose main objective is to make it simpler for the general public to buy decentralized tokens. DIONE, however, is the native token for this protocol.

Dione focuses heavily on the creation of a system powered by renewable energy in order to bridge the gap between real-world problems and the DeFi space. People are the common factor in both ease and a safer decentralized future. Dione Protocol prioritizes people by establishing a solid community before launching a powerful decentralized future.

Blockchain Progress of the Dione Protocol

The protocol aims to develop its own blockchain. For this, they have outlined a six-stage roadmap. They need to go through design, build, integrate, complete, deploy, and document, respectively. Having successfully completed the first phase, the team is now in the second phase, build. Plans for the build phase are as follows:

  • Optimize Gas fees to best fit Dione needs/vision
  • Develop RPC Service for Blockchain Network
  • Revise & enhance transaction speed configuration
  • Set Validator types, configuration, and setup
  • Define validator access & qualification
  • Development of governance smart contracts
  • Development of Network Native Coin Commences
  • Blocksizes & hash testing
  • API Development commences in order to align Blockchain APIs with any whitepaper needs that are ready to be implemented
  • Integration of Blockchain Explorer with Blockchain APIs commence

The platform has also developed its own wallet.

Tokenomics

The ecosystem’s governance and utility token is called DIONE. In order to keep the ecosystem functioning smoothly, token holders are essential. They can cast votes to implement significant platform changes. Additionally, holders can pay their gas fees using DIONE as a transaction method.

The DIONE token is currently available for purchase on Uniswap, Etherscan, Coinbase, CoinMarket, crypto.com, Binance, and MEXC Global. In addition, according to CoinMarketCap data, the DIONE token has experienced an increase of 30.82% in the last 24 hours. As a result, the token is trading at $0.003304 at the time of writing.

Roadmap

The roadmap of the protocol is currently in the Orbit 3 phase. This phase is expected to cover the period Mar-May 31, 2023. The planned roadmap for the Orbit 3 phase is as follows:

  1. Dione public GitBook for potential partners and investors
  2. Minimum of ONE Nebra OR Crypto partnership publicly presented and announced
  3. FOMO Week 2
  4. Official Blockchain MAJOR marketing and incentive campaign #1 begins
  5. Dione merchandise
  6. Wallet update #2: Fiat On-Ramping goes LIVE
  7. Seventh marketing campaign announced — multiple catalysts within
  8. End of Orbit 3 ‘Fireside AMA’ with the Dione CEO — May 31, 2023
  9. The Redesign of Dione Protocol:
    • Professional Logo redesign;
    • Dione LinkedIn activity and enhancements;
    • Dione socials professional touch-ups;
    • Fiat for Crypto website addition;
  10. Orbit 4 Begins — Roadmap revealed — June 3, 2023

However, the roadmap is not stable. This means that it is subject to additions, deletions, and changes.

Team

With the recent disclosure of Ryan Arriaga and Jacob Smith as significant team members, Dione Protocol has attracted a lot of interest. The group additionally identified Brandon Kokoski as the project advisor. Below is a list of the successful team behind the protocol:

  • Maxim Prishchepo: Head of Nebra
  • Brandon Kokoski: Project Advisor
  • Ryan Arriaga: Head of Blockchain
  • Jacob Smith: Head of Web Development
  • Azeem Saifi: Senior Development Consultant

The protocol argues that they are completely transparent about who their team is and what they do.

References

blog.mexc.com

www.coinmarketcap.com

www.dioneprotocol.com

Written by
lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

Leave a comment

Leave a Reply

Related Articles

Bitcoin Halving 2024: Could Crypto Market Just Get Hyped For Halving

The impending halving introduces new dynamics that may reshape existing narratives surrounding...

Bitcoin Halving 2024: The Institutional Wave is Here – How It Changes Crypto Market

Bitcoin's forthcoming halving promises significant potential with minimal hype.

Bitcoin Halving: Halving Game-Changer or New Variable? Crypto Experts Debate

Is the Bitcoin halving a game-changer or just another factor? Crypto experts...

Crypto Market Dynamics: Key Factors Affecting Bitcoin Price

Competition, news sentiment, mining costs, and regulatory changes all play pivotal roles...