Dexioprotocol update: DEXI Live price, price chart, news and markets

To gain further insights into the Dexioprotocol, explore our comprehensive analysis of Dexioprotocol.

Understanding Dexioprotocol (DEXI)

Dexioprotocol (DEXI) is a community-driven, multi-level protocol that aims to establish a GameFi ecosystem.

Dexioprotocol launched its native token, DEXI, in May 2021. The project has since introduced: * Dexi Wallet, a digital wallet available on the Apple App Store and Google Play * Dexigas (DXG), the gas token for in-game transactions * DexiMarketplace, an NFT marketplace for creators and collectors * DXG Game Emporium, a platform for purchasing or reselling upgradeable gaming NFTs for use in the gaming ecosystem * DexiKnights, the project's first play-to-earn game currently in open beta

The roadmap on the Dexioprotocol website outlines future plans, which include: * DexiSwap, a decentralized exchange for partner projects * Legends of the Dexiverse, a single-player RPG game with plans to develop it into an MMORPG * DexiHunter, an augmented reality bounty hunting app * Smart Dexio Network, the project's own Mainnet migration for DEXI and DXG * And much more

The team behind Dexioprotocol consists of seven professionals: Don Reyke (Founder & CEO), Twan Kersting (CDO), Greg Gould (COO), Rob Barlow (CSO), Brian Layte (CMO), McKenzie Sweeny (CNO), and Ekwensi Kamsy (Community Manager).

Don Reyke, the founder of Dexioprotocol, has had an interest in software development and programming from a young age. He is an experienced software engineer proficient in multiple programming languages. Reyke became interested in blockchain technology in 2016 and has since worked towards bringing cryptocurrency and blockchain technology to the wider public.

Twan Kersting is a skilled programmer specializing in Android application development. Alongside Don Reyke and other developers, Kersting forms the core technical team behind Dexioprotocol, creating competitive products for the market. Kersting holds the position of Chief Development Officer in the company.

Greg Gould serves as the Chief Operating Officer at Dexioprotocol. With twenty years of management experience as a businessman and entrepreneur, Gould closely collaborates with Don Reyke and other executives to fine-tune the business mechanics and ensure smooth project operations.

The Unique Aspects of Dexioprotocol (DEXI)

Dexioprotocol aims to showcase the possibilities of blockchain technology through its complete ecosystem of play-to-earn games. The project strives to become the industry standard in Augmented Reality (AR) application development, revolutionize blockchain-based gaming, launch the most user-friendly NFT platform to date, and develop its own blockchain network and swap exchange.

The system works by motivating users with AR rewards, NFT collections, and in-game coins (DEXICOIN). The distribution of rewards is based on the users' level of physical activity. The platform also serves as an educational resource for participants. Additionally, Dexioprotocol plans to launch MMORPGs that possess unique features similar to the Dexi Hunter App.

As for advantages, the NFT game industry is experiencing rapid development, and trading volume is growing. Dexioprotocol (DEXI) recognizes the significant potential in this current landscape and aims to secure its place in the blockchain world. The developers intend to maximize the gaming experience with augmented reality.

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The Total Supply of Dexioprotocol (DEXI) Coins

Dexioprotocol operates on the BSC Mainnet and is powered by the DEXI token. The maximum supply of DEXI tokens is 500,000,000,000 $DEXI.

DEXI is a deflationary cryptocurrency. There were no pre-sale events, and the creators burned 25% of the tokens during the launch phase as voted by the community. Additionally, 45.9 billion tokens were burned five weeks after the launch date, followed by an additional 10 billion tokens burned in October 2021, once again as voted by the community. Liquidity has been locked.

The current tokenomics allocate 5% of every transaction as rewards to the holders. The burn wallet is not exempt from this reallocation, resulting in a portion of DEXI being burned with each transaction. As a result, the token contract rewards all DEXI holders, while the burning of tokens increases their value and stability, without compromising convenience and quality of service.

Securing the Dexioprotocol Network

Dexioprotocol (DEXI) can be securely stored on supported wallets connected to the Binance Smart Chain, such as MetaMask, TrustWallet, and Binance Chain Wallet. Additionally, Dexioprotocol has its own DEXI Wallet.

The protocol data is processed through a smart contract, with Dexioprotocol's smart contract functioning as a BEP-20 token on BSC. The Dexioprotocol network, including DXG and the DexiMarketplace, has successfully passed an audit conducted by Brewlabs. The comprehensive code review by Brewlabs ensures the absence of vulnerabilities within the network.

Where to Buy Dexioprotocol (DEXI)

Dexioprotocol (DEXI) can easily be purchased and sold directly using USDT on LBank Exchange.