DREP Monthly Report 6.1–6.30 | LookFor Ready to Launch on Testnet | Cultivating a Robust DREP Ecosystem Through Strengthened Collaborations

DREP Foundation
4 min readJul 5, 2023

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This June witnessed DREP being committed to constructing a richer and more diverse ecosystem with an NFT aggregator and stronger partnerships. We devoted ourselves to offering DREP’s burgeoning clientele state-of-the-art Web3-based solutions and continuously improving brand awareness.

Technology side, DREP stays on schedule with the NFT aggregator LookFor being ready to be deployed on testnet in the near future. Other products in our toolkit are also advancing ahead, including a decentralized email service and GameFi 2.0 SDK.

Ecosystem side, DREP has built a more dynamic and vibrant ecosystem by taking a few significant partnerships on board. By cooperating with experienced leading projects in technology and media coverage, DREP not only brings its services to the next level, but is also better connected with users across the globe.

Technology

The Development of LookFor In The Closing Stage

In June, the DREP tech team concentrated on optimizing and finalizing the development of the NFT aggregator product, LookFor, which will be deployed on BNB Chain’s testnet and Ethereum testnet in the coming future.

The key features of LookFor consist of NFT trading, NFT lending and borrowing, a Dashboard for market overview and analytics, and Initial LookFor Offering. In the Dashboard module, users will be able to check different NFT rankings updated in real time and adopt comparative tools to grasp first-hand information in the market, while the Initial LookFor Offering module is a place for project builders to raise funds by collateralizing their native tokens. Furthermore, the DREP token will be integrated into LookFor with more utilities to come. Closely following the ever-evolving market needs, DREP will build LookFor into a comprehensive NFT product and provide NFT enthusiasts with easy-to-use functionality and an intuitive user experience.

Other Web3-based Projects in Smooth Advancement

Apart from the steady progress being made in LookFor development, DREP is also advancing ahead with other Web3 toolkits. Integrating DREP DID system, a decentralized email service is in development with our strategic partner, Dmail Network. The DREP tech team is also enhancing GameFi 2.0 SDK in the aspects of interoperability, functionality and competitiveness.

Ecosystem

Major Strategic Partnerships to Empower NFT Marketplace

In June, DREP has forged strategic collaborations to enhance the safety and drive innovation of the NFT marketplaces by leveraging the expertise of Dmail, bitsCrunch and Bitouchnews in the blockchain industry.

DREP’s collaboration with bitsCrunch, a prominent NFT analytical platform backed by Coinbase, Animoca Brands and recently integrating Chainlink, and known for its comprehensive AI-powered and data-driven insights in the emerging open metaverse, primarily revolves around the integration of bitsCrunch’s robust data forensic model into DREP’s NFT Aggregator, LookFor, to enhance the NFT experience, foster trust, and expand the availability of NFT data APIs within the ever-evolving realm of NFT.

DREP partnered with Dmail, a cross-chain transaction & information protocol connecting Web2 to Web3 that recently ingetrated Worldcoin, to facilitate a seamless Web3 experience and enhance $DREP utilities in the NFT world. The joint efforts seek to drive innovation, identify new use cases, and empower developers and startups in the blockchain ecosystem.

DREP also cooperated with BitouchNews, a Vietnamese professional crypto data and communication service provider, to engage in interviews, features, AMAs, reaching more audience in Southeast Asia and providing the most updated news regarding our wide range of DeFi+NFT toolkit products.

Moving forward, we believe LookFor will bring ultra flexibility and comprehensiveness to the NFT world, providing greater utilities to NFT devotees after its official launch. To better realize this idea, DREP will carefully proceed with the next step, carrying out functional testing, code optimization and smart contract auditing. With the previously established toolkit, the upcoming LookFor, and a more robust ecosystem, DREP looks forward to continuously furthering its Web3 initiative and adding more value to the community.

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 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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