The Good Tech Companies - $DOP Announces Listing On 7 Exchanges Including BYBIT, Kucoin, Gate.io, And Bitfinex
Episode Date: July 5, 2024This story was originally published on HackerNoon at: https://hackernoon.com/$dop-announces-listing-on-7-exchanges-including-bybit-kucoin-gateio-and-bitfinex. Over 1 mil...lion DOP wallets have been opened, and assets worth more than 10 million USD have been encrypted using the protocol, showcasing the increasing demand Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #dop, #chainwire, #press-release, #dop-announcement, #crypto-listing, #crypto-exchange, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. $DOP, the token of the Data Ownership Protocol(DOP) will be available for trading in 7 major cryptocurrency exchanges such as Bybit, Kucoin, HTX, Bitfinex, Gate.io, MEXC and WhiteBIT starting July 5th, 2024. DOP launched its mainnet six weeks ago, following a highly successful testnet phase that saw participation from 2.67 million users.
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Dollar DOP announces listing on 7 exchanges including Bybit, KuCoin, Gate.io, and Bitfinex,
by Chainwire. Tokyo, Japan, July 5, 2024, Chainwire, Dollar DOP, the token of the Data
Ownership Protocol, DOP, will be available for trading in seven major cryptocurrency exchanges
such as Bybit, KuCoin, HTX, Bitfinex, Gate.io, MEXC and WhiteBit starting July 5, 2024.
The data ownership protocol clarified that on Bybit, the token will be listed as $DOP1 to
avoid confusion with an existing fiat coin. On KuCoin, Gate.io, Bitfinex,
MEXC, and Whitebit, the token will be listed as $DOP. DOP launched its mainnet six weeks ago,
following a highly successful testnet phase that saw participation from 2.67 million users.
In the last six months, the DOP ecosystem has grown significantly.
Over 1 million Dominican pesos wallets have been opened, and assets worth more than 10
million United States dollars have been encrypted using the protocol, showcasing the increasing
demand for user-centric data ownership solutions.
Greater than, $DOP is the token of data ownership protocol, a project that seeks to balance
greater than transparency and privacy on the blockchain, putting users in seeks to balance greater than transparency and privacy on
the blockchain, putting users in control of their greater than data. The listing of our utility
token marks a significant milestone and greater than enhances our vision for the future of data
ownership. We are thankful to our greater than supporters and community who have believed in
our mission from day one, said greater than Koji Hirokado, co-founder of DoP and ex-Core member at Cardano.
Currently, the $DoP token serves two primary functions within the ecosystem,
facilitating fee payments and granting community rewards.
The usage of the protocol's data ownership features incurs fees payable in DoP tokens,
creating a native demand for the token. This system incentivizes DOP token retention while
implementing a deflationary mechanism through fee burning. It also rewards network supporters
via staking distributions. To date, 210 million Dominican pesos tokens have been allocated for
staking rewards, with over 1.1 billion Dominican pesos tokens already staked.
The listing announcement comes on the heels of Bybit's
positioning as the world's second-largest cryptocurrency exchange by trading volume,
surpassing Coinbase and trailing only Binance. Bybit's ascent has been remarkable,
with its market share doubling from 8% to 16% since October 2023.
To communicate the plans for the second half of 2024, DOP released a new roadmap following Q1's
success. The plan introduces a $5 million developer grant program, expands protocol
capabilities, and plans deployment on EVM-compatible chains beyond Ethereum,
reducing gas fees and reaching more users. Moreover, the new developer SDK will enable
developers to easily integrate and build DApps
within the DOP ecosystem. Other objectives aim to enhance user security for managing NFTs by
expanding functionality beyond ERC-20 tokens to include encryption and decryption of NFTs.
About Data Ownership Protocol
DOP. The Data Ownership protocol enables users to own their data.
In crypto, financial data such as holdings, balances, and transaction history is publicly
available on the blockchain.
The mission of DOP technology is to let USERS decide what to share and with whom.
DOP aims to empower individuals and businesses with more control over their data through
selective transparency, utilizing zero-knowledge cryptography and other advanced technologies.
For more information, users can visit Data Ownership Protocols.
Official website, Twitter, LinkedIn Data Ownership Protocol is the source of this content.
This press release is for informational purposes only.
The information does not constitute investment advice or an offer to
invest.contact
marketing.marketing at dop.org. Tip This story was distributed as a release by Chainwire under
HackerNoon's business blogging program. Learn more about the program here. And thank you for
listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com
to read, write, learn and publish.