A FREE WORLD, A NEW DEMOCRATIC ECONOMY BASED ON A DECENTRALISED DPOS STRUCTURE — BUILT TO LAST FOREVER
The Deep is a virtual world with enlightened organisation: A completely democratic structure based on consensus using Delegate Proof of Stake decentralisation that will last forever. Communicate, offer services, play, live your fantasies.
Claim your land and build on it using the limited supply of Deep tokens — no mining needed. Use gold to customise your buildings. Even connect your own server with the DeepAPI.
Other spaces have limits, and they disappear and die. Decentralised, The Deep lasts forever.
ADVANTAGES OF THE DEEP
. Deep Token- 100,000,000 tokens in total.
1 Deep token equals a 1x1 land area.
No mining.
. Economic Model-A fixed supply of land increases demand.
Become a delegate, and earn a percentage of transactions.
. DeepAPI- Open API means that you can use your own server to make your land unique and to offer services in the Deep
. Graphics Engine-Open source graphics engine using primitives — materials, models, effects. VR coming in 2018.
The Deep (DEEP) – is an eternal virtual world based on DPoS tokens to create a decentralized, immersive world that is part game and part social platform. An immutable world where each experience builds on previous experiences.
The Deep will be a hybrid between a social platform and a game. Your own experiences will be the raw material of the building blocks within this gamified social platform. The Deep will allow you to immerse yourself in your own experiences, building experience upon experience; an immersion that will be uniquely created by you, for you and with the advantage of allowing you to let others in, or conversely allowing others to let you into their own experiences.
The Role of Blockchain Technology in the Solution.
A deeper look at the role of blockchain in this project, reveals the level to which this technology will become a crucial enable in The Deep. Starting with immutability, blockchain technology will allow each user to ‘save’ previous experiences, allowing them to build upon them without having anyone else tamper with them. The next key feature of blockchain technology that is crucial for the development of The Deep, is distributed computing. As experiences become more complex, a single user computer will not be enough to save all the information necessary to continue building upon previous experiences. The Deep must be saved on multiple computers, which can send their fragments of information over to the user on demand.
A special algorithm will be deployed to enable users to engage in ‘dynamic saving’ around the world, as they add computing power. To do so, it is necessary to use error detection/correction codes. Blockchain will play a crucial part in the verification process of the data necessary to enable this.
Token structure. (critical success factors)
The token structure must guarantee the success of The Deep. Therefore, the token must:
● Ensure The Deep is immersive.
● Guarantee democracy through the correct deployment of its DPoS features.
● Enable an economy, which it does by allowing users to claim land, a critical part of any economy.
● It must guarantee that technical overhead is sustainable. This means it must enable sustainable scaling of the economy within the virtual world, via blockchain scaling.
Why an ICO?
The ICO will provide the spark that will allow The Deep to start going around. Its users, empowered by their stake in The Deep will provide the fuel to keep this next generation virtual world experience rolling. The ICO will also allow a wide base of users around the world to acquire Deep tokens. This in turn will increase the number of users and will serve to divide possible land claims among as many users as it is possible. In any case, the creators of the project will keep 30% of Deep tokens to guarantee that there will be economic and democratic balance within The Deep.
ICO timeline and structure. The Pre-ICO sale for Ether started on 15 September 2017. There are 100,000,000 Ethereum-based tokens, that are divisible up to the 8 th decimal point.
● During the Pre-ICO, you can buy Deep tokens only over the Ethereum network.
● The Pre-ICO hard cap is 4000 Ether, with no soft cap.
● 30,000,000 Deep tokens can be sold during the Pre-ICO.
● The contribution period is unlimited. There is a definite interest in participating in the Pre-ICO, as the price of Deep tokens will be much lower at this time than it will during development. The ICO will start when the Deep alpha is ready, which should be during the summer of 2018. During the development phase, the token will be transferred to our own DPoS-based system. Transactions will be guaranteed by Proof of Stake, as discussed above. Users will get their tokens a day after they purchase them.
Start of project development: October 2017- Architecture detailing Project documentation development.
Token release: January 2018- DPoS implementation Preparation of Ethereum to Deep Swap
Core protocol release: April 2018- Land claiming Building and user interaction levels development
DeepAPI release: June 2018- DeepAPI level development Multi-service testing….. Please view our white paper for the comprehensive list.
Website. . . . . https://www.deep.gold/index/
Twitter. . . . . .https://twitter.com/deepgoldnews
Telegram……..https://t.me/deepgold
Authur: Seyi88
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