DIAMOND (DD) redefines DeFi and releases the dividend of the new economic paradigm
In recent years, as one of the few representatives of the “Paradigm Revolution” in the blockchain field, the concept renewal and cognitive transformation brought by DeFi are particularly important in the trend of the times and are of great milestone significance. It is not too much to call it the “fourth industrial revolution”. However, throughout the process from the savage growth in 2020 to the return to rationality in 2021, DeFi is far from successful so far, and its real peak has not yet arrived.
As the ancient Greek physicist Archimedes once said: “ Give me a place to stand on, and I can move the earth”, and this sentence also applies to DeFi. Although the current DeFi project involves various businesses such as lending, DEX and financial derivatives, the pattern of DeFi is far from being determined. The convergence of models caused by the popularity of the industry just needs a new thinking, and birth of a new project. It will leverage the whole DeFi market with itself as the fulcrum, so as to detonate the real traffic of the industry. The emergence of dark horse project DIAMOND (DD) is precisely such an unconventional existence.
Since its establishment, DIAMOND (DD), as a decentralized application project (DApp) based on the Tron, has always believed that only by jumping out of the thinking paradigm can the development of DeFi be upgraded and subverted. Therefore, DIAMOND (DD) innovatively uses encryption algorithm, digital twins, asymmetric cryptography, P2P principle, and cross chain technology to break the constraints of DeFi technology, solve the defects of DeFi mechanism, and establish a killer application with higher trust, stronger universality, and safer operability, so that everyone can participate in it and enjoy the new era and the huge new economic paradigm dividend brought by new technology.
Furthermore, to seize the commanding heights in the field of DeFi innovation, DIAMOND (DD) has found another way to open up a new paradigm, truly recognize the value of data contributed by users, and truly feedback these values to users, so as to become a cross generation product that meets all users’ needs. By combining blockchain technology and financial principles, DIAMOND (DD) gives maximum incentives to project participants from the three dimensions of participants’ reputation, connection, and contribution. The higher the credibility of participants, the greater the credit value. The more social relationships, the greater the total contribution. The greater the contribution, the greater the reward, which also means that users will have more opportunities to benefit from investment.
DD (DIAMOND) is a decentralized application (DApp) based on Tron. Using encryption algorithm, digital twinning, asymmetric cryptography, P2P principle and cross chain technology, DD project will create several classic application scenarios in the fields of decentralized finance (DeFi) and metaverse. Combined with blockchain technology and financial principles, DD project will provide the greatest incentive to participants who have the courage to contribute. By participating in DD projects, participants will gain more benefits by making contributions, accumulating reputation, and expanding connections.
DIAMOND (DD) is aware of the attribute of “money LEGO” of DeFi and clearly recognizes that maintaining “consensus” consistency with stakeholders is the key to long-term development. Therefore, DIAMOND (DD) has no boundaries and shackles. It has set up a unique community distributed autonomous organization (DAO) to return the “top of the food chain” to the public, let participants decide by themselves, establish close horizontal links, form strong vertical connections, jointly expand and strengthen DIAMOND (DD) ecology, and ensure that community members enjoy the huge network effect brought by the big ecology. DD let participants’ personal behavior and data value return to the user itself, and truly realize 100% value return.
Nowadays, there are many projects in the DeFi market. If you want to fundamentally give a new definition to DeFi, all this needs a strong user body to change together. What DIAMOND (DD) is doing is to use creative ecological applications, subversive future ideas and deep-seated user insight to constantly explore the boundary of user needs and tap more value in the data value chain. With the increasing frequency and concentration of data provided by users, the new means of production will drive the iterative evolution of the bottom value of DIAMOND (DD) under the empowerment of giant ecology, promote the snowball value growth of the project, and take the lead with strong core competitiveness and market share.
It is worth mentioning that to create an ecological closed loop for sustainable development, DIAMOND (DD) will implement an original dual token economic model and issue DDS and DDC. DDS (Diamond Share) represents the ownership of the project. It has issued 100 million in total and will never be issued again, which means that the value of DDS will increase with the ecological development of DIAMOND (DD); DDC (Diamond Coin) represents the project consumption right and gas. DD will issue a total of 1 billion DDC, which will increase or decrease according to the ecological development. Ecological members are not only consumers, but also operators and investors, so as to ensure a stable value circulation economic system.
From “deep ploughing down” to “upward layout”, DIAMOND (DD) is not limited to the domain of DeFi but makes every effort to enter many fields such as the metaverse at the same time. DD will create several classic application scenarios through omni-directional, multi-level and three-dimensional layout. As the saying goes, “only when you stand high can you see far”. As a phenomenal concept, DIAMOND (DD) firmly believes that the metaverse will become the “next chapter of the Internet”, and more giants will embrace the metaverse in the future. DIAMOND (DD) will also seize the first mover advantage, further upgrade from the community (DAO) to the metaverse, and impart value to the public based on NFT, DeFi and metaverse.
If 2020 is the first year of DeFi, 2021 is a definitely the era of metaverse. Under the 100 billion market scale of DeFi, the trillion-level potential of the metaverse also appears. When the biggest wave of innovation in the financial field is redefined, it is precisely the time its real role is highlighted. As an important force that cannot be ignored in the new era of blockchain, the dark horse project DIAMOND (DD) remains to be seen how the new pattern of blockchain application development will be reshaped under its unique subversive changes.