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By using Cryptologi.st you are agreeing to our terms and conditions. Cryptologi.st provides general data charts only and they are not investment advice.
Table of Contents
The Dvision Network is an NFT Metaverse platform developed based on ultimate blockchain technology. By utilizing its own VR technology, the Dvision Network establishes a pioneering Metaverse ecosystem. This new ecosystem helps to lower the entry barriers for all types of users across the globe. You can buy the native token of Dvision network (DVL) in crypto markets such as UniSwap, Gate.io, and MEXC.
Dvision Network is a Virtual Reality (VR) content ecosystem developed based on blockchain technology. Dvision Network allows users to create and exchange tokens and play in the NFT Metaverse. Moreover, the ecosystem is totally owned by players. Dvision Network powers the NFT marketplace within virtual reality.
Dvision Token (DVI) is the native currency of Dvision Network. This multichain metaverse platform is built on top of the Ethereum Network and Binance Smart Chain. DVI can be used as the utility and governance token based on Ethereum and Binance Smart Chain mainnet. By holding DVI, users can access several benefits such as rewards by staking DVI, playing games, and participating in major governance voting initiatives.
A new virtual reality world is presented by Dvision Network, where humanity can lead an affluent life at the very center of the ICT-based fourth industrial revolution.
Dvision provides its users with the opportunity to participate in one of the most rewarding, sustainable, and full of fun, play-to-earn models. In Dvision Network, users have access to both the opportunity to gain rewards by participating in the LAND Purification processes and dive deeply into the plausible UI enabled in the Dvision Metaverse.
Dvision Network is going to introduce a decentralized autonomous organization (DAO) mechanism to be used for decentralized policy-making practices. Reportedly, the governance mechanism is based on the Voting Power (VP) that will be counted when the major voting proposals are conducted. Users’ Voting Power will be determined by staking the DVI token in the DAO. In other words, users can gain VP by staking their DVI tokens in the DAO and participating in the essential governance voting initiates.
Dvision Network consists of three main parts, including:
You would be among the wealthiest investors in the crypto market if you invested in DVI a year ago! DVI’s Return On Investment (ROI) was 5,689% over the last year. Such a significant profit! However, compared to the cryptocurrency market’s top 1500 projects, DVI underperformed.
Gaining public attention is a critical factor for cryptocurrency projects to attract more investors. Our data indicate that Division Network’s popularity on Twitter increased by 79% over the last five months, surpassing 107k followers. However, DVI’s Telegram channel users declined by 26% during the same period.
Market cap is a factor that needs to be fully considered when financially analyzing a cryptocurrency project. During the last five months, DVI’s market cap rank followed an overall positive trend with a sharp jump in late October. Starting from 377 on June 16, 2021, DVI is now ranked 167 among all the crypto projects of the market with approximately $690 million.
DVI’s price also followed the same trend as its market cap rank over the same time frame. Starting at $0.27 on June 16, 2021, its price peaked at $2.8 when writing this post (November 21).
It is a fact that NFT projects are among the most interesting cryptocurrency projects these days. However, several factors need to be considered to choose a project as an investment option, such as the overall market trend, detailed information of the project, and the most critical ones, your own financial situation and preferences.
Cryptologist provides all the information you need about the cryptocurrency market, from general overviews to case-by-case analyses. However, no one better than you is aware of your financial situation and preferences. Therefore, you are the best person to decide whether to invest in a project or not.