DCIP starts first investment as a service token in the BEP20 network

Press release

Decentralized Community Investment Protocol (DCIP) is a blockchain protocol that is one of the trending projects in the cryptocurrency ecosystem. This is because of its innovative features and the new concept it brings to the blockchain space.

DCIP is the first investment-as-a-service tokenization token (IaaS) to be built on the Binance Good Chain (BSC) network. In contrast to other tokens that are started in the BSC network, DCIP has real use cases.

Innovative decentralized autonomous organization

DCIP uses its community-based mutual fund to invest in a variety of sectors including crypto assets, non-fungible tokens, and metaverse land, among others.

Token holders decide on all investments and activities carried out by DCIP on the basis of the innovative decentralized autonomous organization system (DAO), which is based on Snapshot.org. In addition, token holders identify the projects the protocol is supposed to participate in and share the profits from the investments.

The total balance of DCIP in an investor’s wallet represents their share of voting rights and the share of profits from investments made under the protocol.

Token holders with more than 80 billion DCIP tokens can use the voting process to make suggestions on potential investment projects.

Suppose the proposal is accepted by the community and produces a successful profit. In this case, the offer creator receives 2.5% of the total profit plus their respective reward if the community decides to liquidate the position.

The entire voting process is recorded on snapshot, which stores the information in IPFS and ensures transparency and accountability for all token holders. In addition to the decentralized voting system, DCIP has also taken measures to ensure the sustainability and stability of the protocol.

One of these measures is the anti-whaling mechanism embedded in the DCIP Smart Contract, which limits the maximum transaction amount to 0.1% of the total offer. Additionally, there is a penalty tax that discourages new token holders from selling quickly within 24 hours of being held. This measure ensures stable price control and creates demand for the DCIP token, which increases its price.

Supported by a single utility token

The DCIP ecosystem is powered by its native BEP-20 DCIP token and provides holders with access to investment opportunities. DCIP’s initial delivery was one million four million tokens, 50% of which were burned after launch. The distribution of the tokens is transparent and is intended to create incentives for the owners and ensure the sustainability of the projects.

Owners can enjoy a portion of the profits from successful projects and investments that lead to passive income opportunities. DCIP is currently available on PancakeSwap and will be listed on new centralized and decentralized exchanges in the future.

Further developments are planned for the future

DCIP has seen rapid growth in the DeFi space since its launch in June 2021. It has several successful investment projects such as Horizon Protocol, Telcoin, and Wrapped Ether. DCIP has also announced plans to migrate to a new architecture due to the number of users on its existing framework.

These developments are evidence that the protocol has caught the attention of the crypto world and that more products will hit the market in the coming months. To learn more about DCIP, follow the links below.

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