DEAPcoin (DEP)

Digital Entertainment Asset Pte. Ltd. (DEA), set in Singapore, is an innovative company dedicated to the development of the global pan-entertainment industry on blockchain technology.“Playmining” is an entertainment platform that allows you to earn our unique currency, DEP(DEAPcoin) by enjoying games and manga. You can purchase items that appear in the game and manga through its “Digital Art Aucition”, thereby establishing an economic system based on DEP. With a unique concept of “Having fun will turn into rewards,” we will gather a large number of users and develop a wide range of businesses like Fintech and pan-entertainment, to build a new world of “Play Becomes Work”.

Whitepaper

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What is DEAPcoin

The DEA Project will provide the “PlayMining Platform” which is a blockchain based multimedia digital entertainment platform featuring digital arts, games, and various other forms of entertainment.

The “PlayMining Platform” is composed of three elements, namely the “DEA Bank,” the “Digital Art Auction,” and the “Game.” All three of these elements are linked with the Digital Entertainment Asset (hereinafter Digital Asset) owned by the user of the platform (hereinafter PlayMiners), and the platforms are designed to operate in an interconnected manner. Below are the description of each element.

DEA Bank：

The DEA Bank is where PlayMiners can manage their Digital Assets. PlayMiners can manage their Digital Assets in a secure environment by the implementation of blockchain technology.

Digital Art Auction：

The Digital Art Auction is the market in which Digital Assets are traded and distributed. It has features to allow for new sales of Digital Asserts as well as secondary distribution between PlayMiners; PlayMiners can buy new Digital Assets as well as trade Digital Assets that they own with other PlayMiners. We want to make the auction site a highly entertaining and intuitively usable platform to allow for the experience of trading of Digital Assets a highly engaging one.

Game/Manga：

To break away from the common sense of the entertainment industry so far, we set our concept so that “users earn wealth from games/manga.” The points that can be earned in the game can be exchanged for the virtual currency (DEAPcoin) used on the PlayMining Platform, realizing our concept above. Moreover, the games we are releasing on our platform will be all free to play, and there are no charging systems in our games. Conversely, the more game one plays, and the more manga one reads, the more DEAPcoin one can gain.

In addition, the Game/Manga and the Digital Art Auction are designed so that they will interact with each other to decide the value of the Digital Assets collaboratively.