Dexioprotocol is a multi-vertical web3 and gaming experience. Built on Polygon with lightning fast transaction speeds, Dexioprotocol leverages crypto-economic primitives to power a GameFi experience with a fully-fledged AR metaverse, DexiHunter, just waiting to be explored.
Dexioprotocol is a hybrid-service. It has traditional web2 Dexicash for use in its gaming ecosystem, but also has a token, $DEXI, which gives holders utility and governance over the value that flows through its products.
In DexiHunter users collect real crypto bounties just by exploring the real world or going about their day to day activities. It’s a superb opportunity for local businesses to advertise and for web3 products to sponsor areas, integrate their services, and create value for the Dexioprotocol, value that will flow to $DEXI itself.
The DexiGameVault has three headline games, DexiDragons, DexiKnights, and DexiCarnival – with many more in the production pipeline. All are competitive PvP games where players collect NFTs to power up their characters which they can then resell on the Dexioprotocol marketplace. It’s a thriving integrated economy that lets players Play to Own, and use the digital ownership of the blockchain to achieve new principles of community ownership over both the gamesworlds and the protocol as a whole.
This is achieved in multiple ways. As well as in-game assets as NFTs the players own, there is also $DEXI. $DEXI powers everything in the Dexiverse. It’s used to buy, sell and mint NFTs on the DEXI NFT Emporium.
The GameVault and CreatorHub
This includes the CreatorHub as well as the GameVault. The CreatorHub and GameVault are where the community can participate in creating games and in-game assets for the Dexiverse and profit from their creations when they are used in game, with them able to set their own share of the revenues. The GameVault creations won’t be limited to Dexioprotocol either, and can instead be ported anywhere for use in any gaming ecosystem.
$DEXI’s Utility and Value Capture
$DEXI is also used to redeem the huge swathe of rewards that are available through Dexioprotocol. Whether that’s picking up crypto bounties in DexiHunter, cashing in your prize for winning a DexiDragons tournament, or a business voucher acquired through a DexiZone in the Dexiverse, the $DEXI token is needed for redemption. $DEXI can also be used to participate in DeFi, staked to earn $DEXI, and paired with £ELK for liquidity farming.
$DEXI is also used to swap for $DGV. $DGV lets holders into the council and allows participation in the DexiDAO, which governs every part of the protocol. For example, the DexiDAO decides how to carve up the real world into DexiZones, which are the land units in the Dexiverse.
DexiZones and Cumulative Value Creation
Operators in control of the DexiZones earn yields when users or businesses place bounties in DexiHunter for people to find. To own a DexiZone, significant amounts of $DEXI needs to be staked. Yet the rewards are clearly worth it. Early DexiZone holders will be able to subdivide their lands and rent them to other operators to earn significant passive income.
DexiZones are not the only thing the DexiDAO and holders of $DGV will be deciding. They will also vote on company leadership, transaction taxes, NFT minting and collection launches, protocol rewards, and much more. Dexioprotocol will be a fully decentralised protocol whose community will drive value-accrual both in web3 and the realverse.
The AR metaverse will be a perfect opportunity for sponsors to get involved, and as it is its own L1 blockchain, the Smart Dexio Network, real on-chain value will be captured long term with a sovereign blockchain whose community and holders can earn for the long-term.
$DEXI Token One to Watch
The quality of the DexiGameVault games, the real-world rewards already present in their AR metaverse, and the long term multi-vertical approach to web3 makes Dexioprotocol and strong contender for top of 2023’s one-to-watch list. Head over the website, read the whitepaper, and see what awaits in the Dexiverse for yourself.