The new token, DREP, underwent a token reduction conversion at a rate of 100 DREP (old tokens) = 1 DREP (new tokens).
DREP is dedicated to creating a “connector” and “toolbox” based on blockchain technology, providing solutions that are flexible, user-friendly, and seamless. With DREP Chain, DREP ID, and DREP SDK, DApps can release multi-chain versions with a single click, support any type of digital asset, and break down the barriers between public chain ecosystems.
On the DREP chain, DREP tokens are the sole means of payment for cross-chain transactions, for DApps calling DREP ID or SDK, and for transactions within DREP subchain games.

Project Highlights

DREP Chain is a high-performance public chain fully developed by the DREP team, compatible with EVM and WASM smart contract formats, and uses a dual-layer architecture consisting of a root chain and subchains.
DREP designed a decentralized ID system based on the HMAC algorithm, forming a hierarchical system with one main ID and multiple sub-IDs. It allows users to manage their data and assets on centralized and decentralized platforms through the DREP client in a one-stop manner. To strengthen data privacy protection, DREP uses homomorphic encryption to process information that users designate as private.

DREP developed SDKs (software development kits) tailored for vertical industries, enabling DApp teams to release multi-public-chain asset-supported versions with a single click. These SDKs include an integrated wallet and asset trading platform and allow acquiring users from multiple public chains based on shared DREP IDs, seamlessly converting holders of various digital assets into users.

Solutions

Through DREPs reputation profile images, merchants can identify users interests and find user groups that truly match their products, enabling precise marketing. Reputation account management empowers users to manage their own privacy; additionally, through digital consumption profiles, users can exchange corresponding discounts, promoting consumption and increasing user loyalty further.