DCPC Business Model
Last updated
Last updated
As described in the previous chapter, the business model of the Dapp Protocol Chain is to serve as a base currency for transactions and settlements of digital assets, physical assets, and intellectual property rights between various business entities on Dapp Protocol. Therefore, DCPC is a diversified fee-based revenue model generated by the ecosystem of Dapp Protocol. In participant’s viewpoint;
General users basically enter the platform composed of the protocol by purchasing DCPC through the Swap Center on the platform or an external exchange to purchase goods or use services. However, due to the price volatility of DCPC, transactions are conducted based on the real-time exchange rate notified by the Swap Center within each platform. In addition, users can earn revenue by creating and selling various digital assets, selling physical goods through the platform's secondary trading market, and selling NFTs through the NFT marketplace platform. When a payment is made through DCPC, the DCPC platform charges a certain percentage of the payment fee and remits the difference to the seller.
If you are a service provider, you will provide goods or services and receive payment in DCPC held by users, less a payment fee. In addition, if a service provider entering the DotCube Protocol ecosystem has a cryptocurrency that it holds or utilizes in its existing services, it can convert that cryptocurrency to DCPC in the Swap Center on the platform or use the DCPC secured by the profit to purchase that cryptocurrency. When utilizing the Swap Center in this manner, the Platform may charge a certain percentage of the conversion fee.
Each service may award mileage or service points to users based on their activities. Each service provider may purchase and exchange DCPC for the use of the membership, mileage, and service points provided by its service if the service points are to be used within the platform. (However, the exchange between service provider's points and DCPC shall be implemented in accordance with the terms and conditions of each service provider and the relevant laws and regulations of each service country).In this way, DCPC functions as a centralized currency for each service participating in the DotCube Protocol and can be held as a deposit in accordance with DCPC's staking policy.
