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DEIP Raises $ 2 Million to Drive Web 3.0 Adoption for the Creator Economy – Bitcoin News Press Release

PRESS RELEASE. Starting the blockchain DEIP, behind the Creator Economy Protocol technology, has raised over $ 2 million from Hillrise Capital, Blockwall Capital, AU21 & GAINS Associates, Shima Capital and others.

When launched in 2018, DEIP became the world’s first Web 3.0 protocol for tokenization of high-value intangibles like intellectual property. The protocol is an engine of the economy of creators, democratizing access to resources. It does this by facilitating the flow of rewards to content creators, which the DEIP network groups into decentralized autonomous organizations.

The company has now raised $ 2 million to drive adoption of Web 3.0 with the help of a modular builder, billed as “WordPress for Web 3.0”: a technology that empowers engineers and business leaders to create applications faster than any existing one. Solution. The latest round follows a fundraiser that included investments from a former Nokia executive, EPAM Systems (NYSE: EPAM) co-founder Leonid Lozner, and grants from the Web 3.0 Foundation and the European Commission.

“Becoming an early stage investor in DEIP was a given: their software engineering team is one of the most talented I have ever worked with. Plus, DEIP technology is something that can change the world, especially in the world of scientific breakthroughs. The future is human and intellectual capital ”, commented Leonid Lozner, first investor in DEIP and co-founder of EPAM Systems.

The portion of the funds raised will be used to launch the Portals Builders Program, a business unit aimed at facilitating the growth of 1,000 new Web 3.0 businesses using DEIP technology. Today’s Web 2.0 businesses can benefit from Web 3.0 innovations such as Non-Fungible Fractional Tokens (F-NFT), which increase the liquidity of intangible assets.

“Being at the forefront of the Web 3.0 movement is an honor for us and DEIP is committed to accelerating the mass adoption of Web 3.0 beyond crypto,” said Alex Shkor, co-founder and CEO of DEIP. “With this important business milestone, we are grateful for the support of investors and look forward to building a bridge between Web 2.0 and Web 3.0 businesses, so that the creator economy can continue to thrive. “

DEIP is a group of developers, architects, researchers and designers who create technology to create a completely meritocratic society using a fully transparent and multidimensional reputation system, which implements frameworks for crowdsourcing decisions.

DEIP protocol (Creator Economy Protocol) is a web 3.0 domain specific protocol / string for intangibles and derivatives. The protocol enables the discovery, evaluation, licensing and exchange of intangibles. It is specially designed for the tokenization of intangible assets (in the form of F-NFT), governance (via DAO) and liquidity (via DeFi instruments and derivatives).

www.deip.world


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