What is DeepBrain Chain (DBC)?
DBC is the native token of DeepBrain Chain, which is a distributed low-cost and privacy-protecting computing platform. It is a platform that provides high computing performance for multiple industries, including trains, cloud gaming, rendering, blockchain zero-knowledge computing, Ethereum 2.0 PoS computing nodes, and much more. The chain is built on Substrate, which is an open-source, publicly maintained underlying blockchain system. Besides, it's worth noting that DeepBrain Chain's main goal is becoming the leading infrastructure for 5G and AI technologies.
If you want to check the current DBC price, look at the DeepBrain Chain price chart featured above.
Use Cases of DBC Tokens
DBC is a fully reliable data-sharing asset. Primarily, DBC tokens act as governance tokens. Thus, DBC holders get the right to participate in various decisions concerning the future development of the DeepBrain Chain crypto project.
Furthermore, owners of DBC coins can use their assets on the DeepBrain Chain's built-in decentralized data trading platform. It allows users to buy or sell data. DBC tokens are used as a payment method for covering fees. Though it can also be used to purchase any other products and services rendered by DeepBrain Chain.
Moreover, DBC crypto assets are used to deploy smart contracts on the DeepBrain Chain ecosystem.
Lastly, DeepBrain Chain coins are used for rewarding network users. To be more precise, for distributing mining rewards. These rewards are based on the network according to the ratio of contribution value. DBC is rewarded once every hour but only if the machine is continuously online and no cheating is detected. This is done to ensure the integrity of the system and discourage bad actors. Any dangerous activity in the ecosystem leads to the loss of staked DBC tokens.
Interested in acquiring DBC tokens? Before doing that, make sure to thoroughly analyze the DeepBrain Chain price chart. It will help you to determine the main changes in the DBC price.
Who Founded DeepBrain Chain?
DBC came into existence in April 2017. It was founded by a community-based Chinese team of several members. Being a community-driven platform, final decisions on the future of the ecosystem in terms of upgrades are taken by the community through governance votes.
DBC Tokenomics
DBC token has a maximum supply of 10 billion tokens. The token distribution is as follows:
- 15% – pre-sale and crowd sale;
- 10% – team and advisors;
- 50% – mining production;
- 25% – the DeepBrain Chain foundation and ecosystem.
