DMC Ecosystem
Building for WEB3
Last updated
Building for WEB3
Last updated
Based on the CYFS protocol, DMC foundation constructed a public blockchain underlying platform for global users called Datamall Chain, which aims to promote the fabric of next generation Internet infrastructure and promote the development of blockchain technology. Datamall Chainβs native cryptocurrency is Datamall Coin(DMC), which is used to pay for storing data and for staking. It also gives holders the right to vote in future upgrades.
The DMC ecosystem consists of three layers: the storage transaction layer, which matches decentralized storage supply with decentralized storage demand; the storage service layer, which helps enforce storage deals; and the storage application layer, which consists of applications that use decentralized storage. Currently the most notable commodities of the DMC ecosystem are Foggie & Foggie Max. Foggie & Foggie MaxοΌwhich are the World's First Web3 Servers. With Foggie, individuals can get DMC rewards by storing and sharing data. The data uploaded by the user will be stored on the user's own device, without needing to pass the censorship of Big Tech. At the same time, with the help of Fog Drops & D.Tools, individuals can mint NFT without coding and benefit from their own data. In order to build a richer ecosystem, DMC Foundation has launched the Developer Incentive Plan to seek cooperation with more excellent development teams. For now, we have reached a consensus with several developer teams, and a number of DApps are on the development schedule.