DREP MONTHLY REPORT 2.1–2.28|DREP Carried Out its 2022 Roadmap; DREP Acts as a Toolkit for NFT Players; DREP Ranks the Top 10 Oracle Tokens

DREP Foundation
4 min readMar 11, 2022

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Dear DREPers,

February was another improvement for DREP. With numerous acquisitions and support, DREP is gaining more confidence to continue the fantastic adventure. The 2022 Roadmap is on track, carrying with an assiduous endeavor of DREP, who aspires to make its mark on Web3.0. Specifically, DREP has been launching services for NFT players, and our target is to establish a more convenient and reliable community in DAOs. In addition, DREP has gained more popularity in the South-Asian market, and has ranked top 10 in oracle tokens!

In terms of technical products, DREP followed the 2022 Roadmap, carried out and amended our missions incessantly. We kept ameliorating our system, which intends to solve TWO LACKS of DAOs. DREP aims to function as a connector between blockchains, to aid amateurs in finding a safer and easier way to start their NFT journey.

In terms of ecosystem, we held our feat and made other acknowledgeable processes. Besides being the top 10 coins, DREP also advanced to be the top 10 oracle tokens in February. Excitingly, DREP has proved to be the most promising project!

Technology

DREP carried out the 2022 Roadmap

DREP holds aspiration to promote efficiency and convenience to transactions in DAOs. For DREP Credit V2.0, we strengthened our role as a “toolkit”, which exerted to optimize the multi-chain credit infrastructure. For instance, we improved the on-chain KYC modules, credit-voting and credit-governance modules. Furthermore, DREP kept expanding the API on various platforms, followed by the ever-increasing user base from EVM chains. These efforts are made for an amendment to Web3.0.

DREP acts as a safeguard for NFT users

DREP is dedicated to ensuring safety in DAOs. DREP captured two major credit crises happening in DAO: the lack of accurate DAO information access and the lack of ability to see the potential risk of scams. Therefore, DREP plans to establish an information pool to help amateurs know how to invest intelligently. DREP also plans to launch a decentralized rating mechanism to tackle the credit issue. At the blueprint stage, DREP wishes to come up with a DAOs’ information pool/ portal place and a DAOs’ rating mechanism.

Ecosystem

DREP is 3rd on Top oracle tokens

resource link:https://twitter.com/TCVNcommunity/status/1494144578236174337

DREP ranked 3rd on the list of Top 10 oracle tokens with a market cap under $50M, according to TradeCoin Viet Nam @TCVNcommunity.

This not only shows that DREP Web3 products are gaining in popularity and recognition in the Southeast-Asian market, but also confirms its rapid growth and remarkable potential.

DREP on the Top 15 Coins

resource link:https://twitter.com/CryptoDiffer/status/1492114706810683399

DREP made it to the top 15 coins by @LunarCRUSH Galaxy Score, a proprietary score measuring crypto against itself with respect to the community metrics pulled in from across the web, based on correlation rank, social impact store, average sentiment, and price score, declaring DREP’s overall impact in the community.

This is among many of our newest collaborations with external communities and organizations.

Growing DREP Userbase and Populace

The userbase of DREP Web 3.0 is continually growing, showing a steady expansion of DREP’s impact, both in the NFT field and the GameFi arena are exponentially expanding.

With the thriving userbase, an even more dynamic DREP community is forming, with increased user attention and activity.

The above is the DREP team’s monthly report for February 2022. DREP will gain more in the following days of the year, by setting out the 2022 Roadmap systematically. DREP is always passionate about achieving a secured niche in Web3.0, everyone is welcome to move forward together with DREP. Thanks for your attention and support!

For more information,

Telegram group: https://t.me/drep_foundation

DREP Twitter: https://twitter.com/DrepOfficial

DREP Official Website: https://www.drep.org/

DREP Crossing: https://www.crossing.network

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DREP Foundation
DREP Foundation

Written by DREP Foundation

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

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