The DEA Project, a blockchain-based NFT DeFi platform with NFTs, games, and other types of entertainment, was launched by Digital Entertainment Asset Pte Ltd.
DEAPcoin (ERC-20) is primarily used in the NFT Marketplace by DEP to purchase NFTs to improve gameplay within the platform. The platform intends to solve a problem with IPs and copyrights on the secondary market for individual artwork transactions. The original creators of NFTs will receive a share of the sales as royalties for good.
DEAPcoin is a native utility token that can be used to buy NFTs as well as pay for transaction fees. In order to use the DEA's DeFi services, users must have the DEAPcoin for accessing all of the services' functions.
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