Dedacoin: Facilitating universal adoption of crypto using sheer innovation

The crypto ecosystem is a vast sphere of various technologies and services. Users entering this sphere are often left with the dilemma of finding the right space that offers a unified experience encompassing all services. 

The Deda ecosystem offers the solution to this dilemma by unifying all digital currencies with society by seamlessly integrating and enabling all financial transactions through a single ecosystem has been a utopian dream so far.

This remarkable ecosystem is set to announce the launch of its highly anticipated Initial Coin Offering (ICO), paving the way for DedaLand to take charge of revolutionizing crypto access, adoption, and awareness.

What is the Deda ecosystem?

The Deda (Digital Economy Development Agency) ecosystem is a multi-blockchain infrastructure initiative that aims to transform how consumers engage with digital assets and transactions. Deda, which operates on ETH, Tron, BSC, Polygon, and other upcoming networks, promises to bridge the gap between everyday users and crypto transaction rails.

DedaBit, the Deda ecosystem’s initial launch product, is a secure exchange where users can trade their FIAT for and against prominent currencies. 

The DedaBit exchange adheres to worldwide standards for digital asset exchange, protection, storage, and leadership. It supports all major and well-adopted blockchain network assets, as well as unique hedging mechanisms for DedaCoin

DedaPay, the ecosystem’s flagship product, provides retailers and business owners with crypto payment infrastructure for easy and safe adoption.

DedaPay’s infrastructure comprises DedaPOS, DedaGateway, and DedaLink, providing comprehensive solutions to meet all market demands.

The Deda ecosystem also encompasses other products and services to help boost the adoption of digital assets:

DedaGateway: DedaGateway enables digital retailers and e-commerce businesses to accept payments in digital currencies including Tether, BTC, ETH, and DedaCoin. Users will be able to spend their digital assets directly on merchant and online businesses, eliminating the need for unnecessary FIAT conversions.

DedaLink: DedaLink is a tool that enables seamless, on-chain transactions between public users. QR codes are created for each payment request, and transaction details are stored on the respective blockchains.

DedaPOS: DedaPOS offers traditional POS devices for physical establishments. These devices function similarly to traditional point-of-sale systems, but they also accept payments in digital currencies that are securely processed and stored on the blockchain.

DedaCard: The DedaCard is an encrypted card that gives users access to their DedaBit and DedaPay wallets. DedaCards linked to the DedaWallet may be used for NFC transactions on DedaPOS devices.

DedaATM: DedaATM offers secure offline conversions of tokens to FIAT. The network is constantly expanding. ATMs serve as a physical hub for convenient administration of consumers’ digital assets.

DedaCoin: The token of unification

DedaCoin is the primary unifying token employed across the Deda ecosystem. The coin is designed to function as a utility token inside the ecosystem, gaining value via user engagement and transactions across a range of products and services. DedaCoin is based on three main pillars:

• Primary currency for digital transactions, with incentives for use throughout the Deda ecosystem.
• Mode of stakeholding, voting, and overall ecosystem governance.
• Vehicle for incentives such as cashbacks, premium services, and so forth.

Tokenomics:

The Total Supply of 2,540,000,000 DEDA will be split among the four blockchains in identical initial distributions as shown below:

• Liquidity pool (20%) (5% ICO + 15% Liquidity pool)

• Key Investors (15%)

• Asset-Backing Investments (30%)

• Management Team (5%)

• Technical Team (10%)

• Burn Pool (20%)

A Dedicated Deda Blockchain

To further reduce costs and enhance transaction efficiency, DedaCoin is developing its blockchain, known as DedaChain. This specialized blockchain design aims to address the scalability and performance problems that other blockchain networks often face.

Key Features:

Enhanced Transaction Speed: DedaChain is meant to execute transactions faster, lowering wait times and increasing the user experience.

Lower Transaction Costs: By optimizing the blockchain architecture, DedaChain aims to reduce the transaction costs associated with digital currency transfers, making them more cost-effective for users.

Custom Security Protocols: DedaChain uses advanced security protocols that are tailored to the unique demands of the Deda ecosystem, offering strong protection against any attacks.

In addition to emphasizing transaction speed and security, DedaChain will implement cutting-edge solutions for both crypto and fiat transactions. 

It will provide a platform for managing real assets on the blockchain, presenting a revolutionary approach that differs from typical Real World Asset (RWA) tokenization approaches.

Hedge90 Mechanism

The Hedge 90 Model is a unique and revolutionary method for launching digital assets while mitigating investor losses. This concept combines powerful smart contract techniques with blockchain technology to offer a safe and transparent environment for asset and transaction management. Tokens will be sold using the Hedge90 mechanism on the DedaBit exchange.

The Hedge90 mechanism reduces downside risk for consumers investing in DedaCoin by generating a pseudo-asset-backed token that stores revenues from direct DedaCoin sales in the contract itself for trustless user-initiated buybacks.

The Hedge90 mechanism enables users to sell their tokens back to the contract and get around 90% of their original purchase price. Hedge90 trades include a 4% fee.

To ensure correct implementation of the Hedge90 mechanism, if the underlying asset price fluctuates by more than 100 bps points between the initiation and execution of the transaction, the transactions are considered void, and the user must re-initiate the hedge90 purchase.

The majority of USDT revenues from token sales are retained within the smart contract for user sell-backs, eliminating liquidity and counterparty risk and lowering speculative volatility for investors.

DedaPay: A milestone in the Deda project

DedaPay fulfills the dream of everyday community payments using cryptocurrency. Users of the Deda ecosystem can simply make everyday purchases from the platform’s contracted online retailers using the Deda online payment gateway, using price-guaranteed DedaCoin tokens. Also, many of the platform’s contracted stores and centers enable users to make purchases using crypto-based POS systems. 

One of the advantages of crypto-based POS devices in the major Deda project is the availability of cards and gadgets equipped with  NFC, which allows Deda wallet users to use multiple cards for a variety of purposes, such as issuing cards for family members with adjustable limits for the Deda wallet holder for each card individually.

Now, let us discuss other factors that make the Deda ecosystem stand out from the rest:

The Technical Core of the platform

The Deda management and technical team is composed of economic and information technology elites from around the world with diverse cultures and perspectives, including economic elites with impressive track records as well as mathematics and computer Olympiad champions. 

Their technical team consists of individuals with a great and extensive work history in blockchain initiatives and collaborations with major digital exchanges. This geographical diversity, including experts from various places such as America, Canada, the Middle East region, India, and Germany, contains the convergence of different cultures and perspectives, which is the basis for growth and development.

The platform believes in the sovereignty of knowledge, experience, and innovation that will mold the future of the world.

Comprehensive Biweekly Reports

For the first time in blockchain history, the Deda project publishes a public report every two weeks on the success of its investments and profitability for the benefit of the enormous Deda community and anyone interested in the project. 

The publishing of these reports signals the beginning of the introduction of the DedaChain blockchain, which is based on the management of real assets in the blockchain world. With the implementation of the specialized Deda blockchain, reports will be available in real-time on the blockchain platform.

Enticing Referral Program

The Deda team has implemented a referral program, activated by a secure and transparent smart contract, to reward expert influencers in cyberspace. Social media influencers can register for the referral plan, receive their invitation link from the platform, share it with their followers, encourage them to buy DedaCoin with a 1% discount and receive an immediate 2% reward from each purchase via the smart contract in Tether to their wallet.

Security and Infrastructure

The Deda ecosystem prioritizes security and efficiency, with an emphasis on transaction security, asset preservation, and the development of unique blockchain technologies to speed up transactions and lower costs.

DedaCoin has an effective security architecture to protect the safety of user assets and the stability of the token.

The DedaBit exchange includes cutting-edge security measures, including:

Encryption: All transactions and user data are encrypted to prevent unauthorized access and maintain data integrity.

Two-Factor Authentication (2FA): Additional security layers and authentication levels are provided to guarantee that users can access the platform safely.

Regular Audits: Top-tier security organizations conduct periodic security audits on the DedaBit exchange to ensure that all protocols and smart contracts are up to current and safe.

These methods jointly protect the Deda ecosystem, giving users confidence in the security and dependability of their transactions.

Legal Permits

Unlike other blockchain initiatives, that lack legal operating licenses, the Deda project has obtained legal authorization from numerous countries, including Costa Rica, Seychelles, Poland, and the United Arab Emirates, to issue DedaCoin tokens and engage in innovative endeavors.

The Final Word

DedaCoin aspires to achieve universal availability and acceptance of crypto by providing every user with all of the advantages and accessibility of traditional finance. The platform strives to offer users a safe, efficient, and user-friendly platform for managing digital assets through their unique DedaBit exchange, DedaPay, and the entire Deda ecosystem.

Deda Ecosystem’s emphasis on education, investing advice, and user involvement guarantees that all users, from novices to experienced investors, can comfortably traverse the world of digital currencies.

The creation of innovative technologies such as DedaChain demonstrates the platform’s commitment to innovation and efficiency, providing faster transaction speeds at reduced prices. Their strict security measures and open governance approach demonstrate commitment to trust and dependability, which are critical for sustaining a flourishing digital economy.

DedaCoin is positioned to become a dominant force in the digital currency industry by prioritizing user experience and actively engaging the community.

Thus, the platform urges users to hop on this exciting journey by taking part in the highly anticipated Initial Coin Offering (ICO) of DedaCoin.

To know more about the platform, please visit their official website.

Disclaimer: This is a paid post and should not be treated as news/advice.