Blog Post

The Divi Ecosystem: A decentralized financial platform

Adam Robertson • Feb 27, 2021

The crypto world has vastly grown over the past few years, both in value and number of assets. At the time of writing, coinmarketcap tracks over 8,500 cryptocurrencies, and the total crypto market capitalization exceeds $1.5 trillion. 


The crypto-sphere is growing rapidly. Somewhere along the way, the user experience was forgotten. These days, entering the crypto space requires the user to navigate several applications. They need a wallet to store the private keys and a crypto exchange platform, and a way to buy crypto with their fiat currency.The complexity of the processes makes it difficult for anyone to enter the market, even experienced traders. 

These complexities lead to increased user error, with the loss of cryptocurrencies far too common. Beyond that, the current process is cumbersome and unattractive to most.

Cryptocurrency is a revolutionary technology, but without paying attention to the user, its ability to change our financial institutions is weakened. The Divi Project seeks to change this by creating a payment platform that puts users front and center. 


The Divi Ecosystem

The Divi ecosystem is a payment platform laser focused on the user-experience. Its main aim is to create a consolidated network of financial services that provides frictionless payments. By focusing on the user, and providing an easy, cheap, fast, and secure way to transfer funds, The Divi Project ensures that everyone can be a part of this more equitable financial system. 


The Divi Blockchain

The Divi Ecosystem relies upon its novel blockchain to create a secure environment for its users. There are a few ways in which Divi’s blockchain supports their ‘crypto made easy’ mission. 

  • Humanized protocol - The blockchain focuses on using addresses easily identifiable with humans. For instance, it uses the username, email address, and personal photo as part of the account's details and metadata, as opposed to a long string of text. 
  • Efficiency- Duplication in the blockchain is a serious issue leading to blockchain bloat, and reduced network speed. However, the Divi blockchain avoids duplication by leveraging the milestone system, where a milestone has to be hit for another event to start. This leads to a faster blockchain, and faster transactions. 
  • Security- The blockchain is an immutable ledger and fosters complete transparency. Immutability, consensus, and transparency help maintain a secure network for all users. 
  • Interoperability- The Divi blockchain is interoperable with other applications and protocols. This interoperability will make it easy for users to connect with different platforms in the future. 
  • Divi Nodes- The blockchain uses the MOCCI (masternode one-click cloud install). This allows anyone to run a masternode with zero technical knowledge. These mastenodes help in the validation and verification of transactions, thus securing the entire Divi network. Making this process easy for all is a big part of Divi’s mission. 


The Divi Coin

Divi is it’s own unique coin, with the genesis block launching on September 27, 2018. These coins are minted using a proof of stake consensus mechanism. There are currently 2,163,540,048 Divi in circulation. However, the platform has not set a maximum number of coins for the platform. The Divi Project understands that a managed inflationary model leads to greater price stability, which aids adoption. 


The Divi Wallet

The Divi coin can currently be stored in a desktop wallet. However, with the mobile wallet currently in beta testing, users will soon have an exciting new way to interact with Divi. The Divi Wallet is everything you’d expect from a financial application, but powered by blockchain technology. 


Storing Coins: Divi provides a decentralized option for storing your crypto assets' private keys. Using this platform, you don't have to keep your assets in other unsafe wallets and custodial solutions.

Earn with Divi Wallet: The wallet provides income-earning opportunities in return for securing the network. Stakers and Divi Nodes help secure the network, and earn Divi for doing so. Proof of stake consensus relies on the users working together to ensure the blockchain remains healthy. 

Exchange: The exchange of currencies within the Divi Wallet is simple. Users will be able to store and exchange both Fiat and Crypto, within the wallet. There will be no need for centralized exchanges or third-party solutions. 

Track Your Performance: The Divi wallet will show balances and rewards earned, all on one user-friendly dashboard.

Divi Debit Card: The Divi Wallet will bridge the gap between crypto and the real world with the Divi Debit card. Soon, you will be able to pay for goods and services with your crypto. Anytime, anywhere!


Staking in Divi

Staking involves the validation of transactions by the users of the network, who earn rewards for doing so. In a process known as proof of stake consensus, the wallets check the transactions to verify the source and authenticity. Often a required number of wallets must agree that a transaction is valid. This is often 50% +1 wallet. When this happens, consensus has been reached, the transaction is completed, and a new block is created. 


Using the Divi wallet app, a user can easily stake and earn an income for helping secure the network. Currently, the minimum number of coins required to start staking in the Divi network is 10,000 $Divi. A wallet with an even higher amount of coins stands to earn even greater rewards. The current APR is 27.8%. 


The Divi Lottery

Unique to cryptocurrency is the Divi Project’s weekly lottery. When a block is created, 50 coins are allocated to the lottery fund, and when the number of blocks reaches 10,080, the lottery cycle completes. Every week over 500,000 $Divi assets are distributed to 11 users of the lottery section. 252,000 Divi is awarded to one winner, and the other ten winners receive 25,200 Divi. 


Masternodes Tiers

There are five different tiers for running masternodes on the Divi platform. Here are the tiers;

  • Copper Tier- This option requires a minimum of 100k DIVI at a monthly hosting cost of $10. The return on investment for Copper tier users is 20.7%.
  • Silver-tier- The silver tier requires a minimum of 300,000 Divi. Its monthly hosting cost is $10, and the expected ROI is 22.6%.
  • Gold tier- The gold tier requires a minimum of 1 million DIVI, at 23.6% ROI. 
  • Platinum tier- this tier requires a minimum of 3 million DIVI for $15 monthly. The estimated ROI is 24.7%. 
  • Diamond tier- This is by far the highest rewarding tier in the Divi platform. A user is required to have at least 10 million DIVI.


Divi Labs 

The Divi Project is focused on providing solutions and increasing its user base. The founders created Divi Labs to develop Divi ecosystem internal tools, such as the Divi Wallet. The Divi Project remains open source, and not-for-profit. Divi Labs however is the private for-profit organization associated with the project. 


RiDivi

Divi Labs owns a Costa Rican remittance company. The benefits that RiDivi brings to the ecosystem include;

  • The creation of debit cards for users
  • IBAN accounts for all its users
  • Easy fiat wire transfers globally
  • Easy one-click crypto to fiat exchanges.


The purchase of this financial technology allows Divi to better bridge the gap between traditional finance, and cryptocurrency. 


Final Word

Cryptocurrencies are incredibly difficult to use in their current form. Divi is here to make the process as easy as possible, whilst maintaining security and decentralization. By providing a world-class, decentralized, easy to use crypto payment platform, Divi seeks to change the way people use their currencies. With the imminent release of their mobile wallet, the future is bright for the Divi Project.

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  

Leetah Launches Presale Phase for LEET Tokens Eyeing $5 Million Soft Cap

By Press Release • 09 May, 2024
The Leetah project has officially launched its presale phase for the platform's native token, LEET. The project takes inspiration from the term "Leet" ("elite") and the features of a cheetah in a fun crypto twist. With a 5-phased roadmap, this new meme coin has a serious design that wants to bring value to its community. The ongoing presale phase aims to raise a soft cap of $5 million, a new important milestone for the project.  Leetah's Presale and Engagement Opportunities The project's presale will start at an initial price of $0.0065 for each LEET token. The team plans to leave the presale open until investors buy all allocated tokens. Specifically, with a total supply of 1,337 billion tokens, the presale will allocate 35% of this amount. Another 25% will let the team develop the project through its roadmap. LEET will go live through a decentralized exchange (DEX), for which the team allocated 30% of the token supply. The remaining 20% will cover marketing expenses (10%), airdrops (5%), and affiliates benefits (5%). The project will also feature a "Refer and Earn" program. The initiative will allow participants to earn additional LEET tokens by referring friends and family to the presale. With a 10% reward on their referrals' purchases in USDT, this program incentivizes active promotion and engagement within the community. Multi-Chain Launch Plans Leetah aims to launch on multiple blockchain platforms, including Ethereum, BNB Chain, and Solana. This approach will not only promote accessibility for investors but also set the foundation for potential expansion in the future. The project has already gained traction within select alpha communities with its unique presale strategy and innovative features. Specifically, this project's plans feature five different phases: Phase 1 (or "LeeTah is born") involves launching social channels and the website, followed by the presale phase. Phase 2 ("LeeTah grows") focuses on community building and marketing initiatives while passing a contract audit for security purposes. Phase 3 ("LeeTah roars") will see an increase in marketing efforts and community contests. At this stage, the team also expects to conclude the presale phase. Phase 4 ("LeeTah sprints") will mark the launch of Leetah's NFT collection and its listing on CoinGecko and CoinMarketCap. Finally, Phase 5 ("LeeTah Feeds") will involve the project's listing on major centralized exchanges and the launch of LEET TOOLS. About Leetah Leetah is a project driven by experienced developers to implement and test cutting-edge technologies in blockchain and digital token offerings. The project aims to be a leading name in Web3, pushing boundaries for investors and cryptocurrency enthusiasts worldwide. The ongoing presale phase for its native token, LEET, aims to raise a soft cap of $5 million. Leetah plans to launch on multiple blockchain platforms and has an ambitious roadmap featuring 5 phases of development. With its unique concept and strong team, Leetah wants to leave its mark in the Web3 sector. Anyone curious about Leetah and the LEET token can visit the project's website . The social media pages below frequently share news on Leetah's developments. X (Twitter) | Telegram

NOWPayments Enables Cryptocurrency Purchases of Tangem Wallets: Expanding Payment Options with BTC, ETH, USDC, and More

By Press Release • 09 May, 2024
NOWPayments, a leading crypto payment gateway , is proud to announce a strategic partnership with Tangem, the world’s leading provider of secure and easy-to-use hardware crypto wallets. This collaboration is set to revolutionize the way customers engage with digital currencies by enabling the purchase of Tangem wallets using a broad spectrum of cryptocurrencies. Responding to substantial customer demand within the Tangem community, this partnership facilitates the ability to purchase hardware wallets directly with cryptocurrency, providing a much-needed solution for enhanced transaction convenience and security. Through this initiative, customers have the opportunity to acquire Tangem wallets using a diverse range of digital currencies, including BTC, ETH, USDT, USDC, XRP, APE, SOL, TRX, MATIC, ADA, ALGO, LTC, DOGE, BCH, SHIB, DAI, and KAS. This not only meets consumer expectations for seamless transactions but also boosts the utility and adoption of these cryptocurrencies in everyday purchases.  Furthermore, this partnership significantly benefits our blockchain partners by increasing the transactional use and visibility of their tokens, thereby strengthening their position in the global crypto market. Tangem AG is a Swiss technology company known for its remarkably simple and secure self-custodial hardware wallet. The Tangem Wallet, the size of a standard bank card, enables users to securely store, buy, swap,, transfer, and manage thousands of cryptocurrencies anywhere and anytime, while being the only owner of your private keys. Tangem is redefining the wallet experience by delivering top-level security, simplicity and accessibility. “Our partnership with NOWPayments marks a significant milestone for Tangem, as we continue to evolve and adapt to the changing landscape of digital payments. Being able to accept payments in crypto not only expands our reach but also aligns perfectly with our mission to simplify and promote the use of cryptocurrency in everyday transactions. It underscores our commitment to innovation and customer-centric solutions, enabling us to better serve our community and partners while driving forward the broader adoption of digital assets”. NOWPayments and Tangem are committed to continuously developing and refining the infrastructure that supports digital currency transactions. This collaborative effort is a testament to our shared dedication to promoting a more inclusive and efficient financial ecosystem. About Tangem Tangem is a leading Swiss-based provider of secure hardware wallet solutions designed for the safekeeping and management of digital assets. Its mission is to empower individuals to take control of their digital wealth, with an emphasis on security, ease of use, and flexibility. Tangem's innovative products have garnered significant interest from investors and customers alike, driving the company's continued growth and success. For more information, visit the website . Follow Tangem’s latest news on X (Twitter) , Telegram , Discord , YouTube , Instagram , and LinkedIn . About NOWPayments NOWPayments is the leading cryptocurrency payment gateway offering support for over 300 digital currencies, enabling businesses and individuals to accept crypto payments with ease. The platform stands out in the market with its low transaction fee of only 0.5%, the lowest fee on the market. Clients can directly withdraw euros to their bank accounts, enhancing the convenience and usability of the service. Each account benefits from personalized attention through a dedicated account manager and round-the-clock support, ensuring a smooth and responsive user experience. With NOWPayments, embracing the power of cryptocurrencies has never been easier or more accessible. For more information, visit the website . Follow Tangem’s latest news on X (Twitter) .

Galaxis Unleashed: The Highly Anticipated Token Launch on Bybit

By Press Release • 09 May, 2024
On the 10th of May 2024 at 10AM UTC, Galaxis, a Swiss-based Web3 platform, is set to announce its initial token launch, which will be accessible through the Bybit exchange platform. Galaxis is a platform designed to empower creators and brands to build and manage their communities, ensuring that once a community is established, it remains under the sole ownership of its creator and members. Along the journey, partnerships with high-profile individuals like DJ Steve Aoki, actor Val Kilmer, and NBA personality LaMelo Ball have been established. Over the past few years, more than 225,000 NFTs have been sold, generating over 32,000 ETH ($100 million) in secondary sales of NFTs. Now, the focus is on mass distribution. CEO and co-founder Andras Kristof, who also installed the first Bitcoin ATMs in Singapore, shares some exciting news: "The next step includes supercharging the ecosystem with our $1M dollar Creator Grants programs, the CoinMarketCap Incubation, and many other exciting opportunities where both creators and members get paid. All this is happening on the Galaxis Platform, which is launching soon.” Galaxis, as a post-hype NFT utility platform, believes that this new technology will transcend the hype and bring real value to all industries beyond Web3. 

MAOCAT Successfully Raises Presale Funds, Bringing Back the Memecoin Hype

By Press Release • 09 May, 2024
The team working at MAOCAT has recently acknowledged the great success of the project's presale fundraising round. With this operation, they have managed to raise a significant amount and attract the attention of investors and meme fans. The project's diverse ecosystem, featuring staking, farming, launchpad, and NFT marketplace functionalities, is proving appealing. With many memecoins failing to gain traction in the presale stage , MAOCAT is already standing out in this sector. A Rare Successful Presale Story Crypto enthusiasts know that presales are a crucial phase for any project, where success is elusive. While many projects have not even managed to survive the presale phase, MAOCAT has already managed to raise over $300,000. This means that the team has already allocated more than half of the available tokens for the presale. The presale token quantity stands at 3,000,000,000 tokens, while the total supply is 5,000,000,000 MAOCAT tokens. This means the team reserved 60% of the total supply (3,000,000,000 tokens) for the presale allocation. The remaining 40% will help fund future initiatives and ecosystem development for MAOCAT.  The presale will follow a gradual increase in token price, from $0.0015 per token in Phase 1 to $0.003 per token in later phases, with a selling quantity of 300,000,000 tokens per phase. The project also has a clear taxation structure: Marketing Tax: 3% Liquidity Pool (LP) Tax: 3% Development Tax: 2% Buy and Sell Taxes: 0% This taxation structure aims to ensure the project's long-term sustainability and growth. MAOCAT has already shown itself as a rare success story in presales, as its numbers are showing. Building a Diversified Ecosystem with MAOCAT The project's ecosystem relies on various innovative features to provide a diverse and profitable experience. MAO CAT offers NFT minting, farming, launchpad, and a marketplace for trading and collecting. These features allow users to participate in the fast-growing NFT market and earn from their investments. Additionally, the project's fixed staking feature provides stability and rewards for holders of $MAO. Future updates will also include the ability to launch tokens through the IDO process and acquire MAO CAT NFTs. With a diverse ecosystem, MAOCAT aims to capture various market segments and continue growing in popularity and value. The rarity tiers of the 10,000 MAO CAT NFT collection offer unique benefits for holders. Moreover, the project plans to fairly mint and reveal these NFTs through different methods. With MAOCAT, users can benefit from owning rare and legendary NFTs while supporting the growth of the underlying project. About MAOCAT Derived from the Chinese word "máo," MAOCAT is an Ethereum-based memecoin that has gained popularity worldwide. Thanks to its unique features and capabilities, MAOCAT aims to create a robust blockchain ecosystem with a strong community. This team's idea is to enter a market where dog-themed memecoins are prevailing and bring something fresh to the table. An early adopter of the project can easily participate in the presale on the Ethereum chain. In order to do so, one only needs to connect a wallet to the presale purchase window and send ETH. With over $300,000 already raised in the presale round, MAOCAT has shown how serious it is about its vision. The project's official website and whitepaper represent an easy-to-read, simple suite of information for any crypto enthusiasts. Furthermore, MAOCAT's social pages constantly update the community on new developments and milestones. X (Twitter) | Telegram | Instagram | YouTube
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