DeHorizon (DEVT) token explained

DeHorizon token explained

The metaverse is expanding exponentially with innovation coming from all directions. In the GameFi sector, several platforms offering immersive virtual and augmented realities have been popping up. One such project is DeHorizon, a metaverse game that’s been likened to a carnival. It’s a massive multiplayer online (MMO) universe set to release various games across different chains in the coming months.

Tokenomics

DEVT is an ERC20 token with a maximum supply of 300 million tokens. It will be gradually distributed over the next five years. It can be broken down as follows:

  • 30% platform
  • 20% token sale
  • 10% liquidity
  • 10% team
  • 10% treasury
  • 10% islands
  • 5% community

DeHorizon is set to release three in-game tokens for the initial games. The tokens are called DVT (DeVerse token), DTT (DeTournament token), and DMT (DeMythical token). The initial 1 million will be released for liquidity. The reason behind the gradual release of these tokens is to keep DeHorizon users engaged as they grind out their tokens as play-to-earn rewards.

Use cases

As a GameFi project, DeHorizon has a play-to-earn model, which means users can earn DEVT by simply playing games in the ecosystem. 

They can use their tokens to buy in-game assets that could help them advance further, like characters, land, and equipment. The more you advance in the game, the more DEVT you will earn.

Token holders and stakers also get to participate in the DeHorizon decentralized autonomous organization (DAO). Owning a certain amount of tokens will give users voting rights on future projects.

What makes DEVT a good investment is interconnectivity. Using DeHorizon DeMeta Pass ID, users can transfer all progress made across the games to future projects. This means that any effort or progress made on one of the three initial games will not be wasted when a user decides to switch to other games in the carnival.

DeHorizon Ecosystem

DeHorizon is based on a sustainable GameFi ecosystem, which means users can play for fun and earn money. However, this is just a stepping stone for the metaverse project. DeHorizon 2.0 will be a fleshed out “carnival-like” environment that appeals to everyone.

DeHorizon Carnival, which will be launched soon, is set to become the “cradle of SocialFi”.

The project’s founders also put an emphasis on ownership and community participation. It not only has a decentralized governance structure but it’s also created a currency that allows its users multi-chain access.

More importantly, the games across the platform will be fully immersive and interactive, allowing metaverse inhabitants to have an exciting and eventful second life. The confidence in the project’s vision is also attributed to the fact that the core team is made up of blockchain experts and gaming veterans who held important roles at Dungeons & Dragons, Blizzard, and Riot.

Where to buy, sell, and trade DEVT

As an ERC20 token, you need an Ethereum wallet to buy DEVT and access the DeHorizon ecosystem. You’ll need to buy ETH to purchase DEVT. You can trade this token on AAX, BingX, and MEXC Global. The DeVerse token (DVT) is also set to be listed on popular decentralized exchanges soon.

Future roadmap

The project is still in its infancy but it has ambitious plans that could disrupt the GameFi sector. When the ecosystem is fully developed, it will integrate GameFi with SocialFi and the metaverse. That said, it’s going to be a next-generation gaming ecosystem which will be open to all metaverse humans across multiple chains.

In Q1 of 2022, DeHorizon launched its first game DeVerse on the Ethereum platform Polygon Mainnet. The other two GameFi projects, DeTournament Alpha and DeMythical Alpha, will be launched in the second and third quarter, respectively. They will be accompanied by the release of the DTT and DMT, which will culminate in the launch of DeHorizon Carnival, which is slated for Q4 of 2022.

Tags

Choose a language