DREP Monthly Report 2.1–2.28 | DREP Accredited as Top DeFi Project Along with BTC | DREP Strategic Remapping on Product Development

DREP Foundation
3 min readMay 10, 2023

Building on the momentum from January, DREP’s February highlights continued the previous month’s focus. New plans targeting DREP product development and ecosystem spreading are on in pursuit of DREP’s Web3 vision.

Technology side, major effort has been put into DREP NFT product. Meanwhile, Game SDK and DREP DID system has witnessed a whole new level of upgrade and functionality enhancement.

Ecosystem side, Turkish community has maintained sustainable growth with extensive influence in Turkish region. On top of that, DREP retained high social mentioning and ranked top-tier projects along with BTC.

Let’s dive into all the particulars.

Technology

Dynamic Product Development Towards Market Adaptability

After a comprehensive analysis of current market challenges, the team has devised a strategic remodeling plan to keep the NFT product at the forefront of this rapidly evolving NFT world.

Thus far, the NFT product has acquired another level of practicability after repetitive iteration. The team has optimized the general operating system and UI design to ensure the best app performance. Presently, core modules have been established in an intuitive user interface, and DREP aims to forge an adaptive model that can fit the ever-changing NFT market.

DREP NFT Product Milestone

Furthermore, we have also made significant progress in enhancing the functionality of our Game SDK and DREP DID system. Through integrating DID system, the functionality of DREP GameSDK will be expanded and offer game developers built-in solutions to user identity and credit issues. Besides, the overall security and compatibility have been improved, offering more robust solutions to individuals, businesses and developers.

Ecosystem

Cryptowide Awards in Recognition of DREP’s Eco Growth

With its innovative solutions committed to ecosystem development, DREP has been able to attract crypto-wide attention, which bodes well for its long-term prospects. In February, DREP remains its popularity in terms of social dominance, with a total increase of 530 mentions within a month, marking a surge of 1963%.

Meanwhile, DREP has been highlighted by multiple major media companies as an outstanding Web3 project. Along with BTC, DREP is enlisted in top Metaverse coins and top DeFi coins rankings by Market Cap. Besides, DREP is averaging top 5 project by LunarCrush Altrank, topping the leaderboard of crypto and DeFi projects for more than 10 times in February alone. This recognition is a testament to the team’s hard work and dedication to developing cutting-edge technology while improving the satisfaction of the crypto industry.

DREP Top Coin Achievements

These advancements are just the tip of the iceberg. DREP’s ongoing efforts will keep expanding to provide the best possible experience for DREP’s users and supporters. DREP will unrelentingly innovate and improve its solutions and stay ahead of the curve to push the boundaries of how Web3 technology can thrive in the whole world.

DREP is committed towards building Web 3.0 connectors and toolkits based on blockchain technology, providing solutions that combine ease of use, flexibility and frictionless integration.

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DREP Foundation

DREP 2.0 is the decentralized credit-data middleware based on layer-2 facilities, to be the backbone of DeFi Credit Era.