Digible is the world’s first NFT marketplace that is backed by physical rare collectible cards. Our platform’s primary use case is to provide a marketplace for DeFi users looking to buy, sell or trade physical collectible cards that hold credible value. Each physical card will also have a non-fungible token (NFT) version backed by the physical asset. What is Digible (DIGI) | What is Digible token | What is DIGI token
In this article, we'll discuss information about the Digible project and DIGI token
Digible is the world’s first NFT marketplace that is backed by physical rare collectible cards.
Our platform’s primary use case is to provide a marketplace for DeFi users looking to buy, sell or trade physical collectible cards that hold credible value.
Each physical card will also have a non-fungible token (NFT) version backed by the physical asset.
DigiSafe is where your valuable physical card will be stored if you chose for Digible to store it for you.
All physical cards will be stored at DigiSafe securely. You will receive a digital version of your card which will be in a form of an NFT, of which you will be able to track details of your physical card at any given time.
Digible’s primary use case is to provide a marketplace for users that would like to buy,sell or trade physical cards of which hold credible value. Digible’s platform will cater for this service, where users can sell physical cards on the platform.
Each physical card will also have a NFT version, which essentially is backed by the physical asset.
We also have a digital marketplace which will exclude any physical cards, and any user can utilize this for any variety of NFTs they hold and benefit from buying/selling or auctioning their desired NFT.
Digible allows you to buy physical collectible cards without having to hold on to them physically.
DigiGrade is a service where Digible will inspect the card and also send the card to PSA which will is closely located near DigiSafe for official grading.
Your card will be officially graded via PSA before it goes online at our marketplace.
DigiTrack is where you control your physical card via our platform.
You can choose for it to be stored at DigiSafe or you can sell it or auction it on our platform at a later date, maybe when the card appreciates? Totally up to you! All in a decentralized manner.
Simply login with your wallet that your NFT is stored on and access your physical collection online! Once you sell your physical card, your NFT will get burned to eliminate any duplicate issues.
An auction feature will also be available at the marketplace with the requirement of users will have to hold a minimum of 3000 $DIGI. If a user would like to sell their physical card or NFT via an auction.
The physical card would have to be sent to Digible, or if it is an NFT, the NFT will be locked on Digibles platform for the duration of the auction, and Digible will handle the transactions.
DigiDuel is where users can battle any desired NFT they hold in their wallets. Simply place your NFT & $DIGI tokens as a bet, and select a color of your choice.
Once the the winning color is revealed, the winner will receive the losers NFT+ the amount of $DIGI that was placed as a bet.
A 1% fee from the total bets will be taken. 0.7% will go towards the staking pool and 0.3% is burned.
Digible has a 10% processing fee for any sale or auction held in the market places. 5% of the total fee will automatically go into the staking pool.
The remainding 5% will go to Digible Operations for the future of Digible, in order for it to be sustainable as well as cover any expenses.
The DIGI token will have a total supply of 100M distributed as follows:
Team & Marketing tokens will be vested over a 24 month period.
Introducing Rare Physical Collectibles to the DeFi Era!
Digible is the world’s first NFT marketplace that is backed by physical rare collectible cards. Our platform’s primary use case is to provide a marketplace for DeFi users looking to buy, sell or trade physical collectible cards that hold credible value. Each physical card will also have a non-fungible token (NFT) version backed by the physical asset.
At Digible, you’ll be able to buy, sell or auction your rare cards and have the option to receive them in an NFT format. Our digital marketplace will exclude any physical cards, and any user can utilize this venue to buy/sell, or auction their desired NFT.
You will receive a digital version of their card which will be in the form of an NFT, which will enable you to track the details of your physical card at any given time.
Digible allows you to buy physical collectible cards without having to hold on to them physically. All cards will be stored safely at our DIGISAFE HQ, and you can also redeem your physical card whenever you’d like, using DIGITRACK.
DigiTrack is the tool that gives users control of their physical cards via our platform. Card owners can choose to hold on to their card that is securely stored on DIGISAFE or sell/auction it on Digible at a later date when it appreciates.
To enhance trust on our platform, we will inspect all cards and also send them to PSA, which is located near DigiSafe for official grading. All cards are officially graded via the Professional Sports Authenticator(PSA) before going live at the Digible Marketplace.
To access your physical collection online, log into the wallet where the NFT is stored. Once you sell your collectible, the Digible protocol automatically burns the NFT to eliminate any duplicate issues.
Stake DIGI Tokens and Earn Rewards
We will soon offer the Digible community an opportunity to stake their $DIGI and receive a share of what the platform generates! A DIGI/USDT Pair will be available, which users can provide liquidity in Uniswap then receive the LP Token.
Users can also earn rewards by battling for any desired NFT they hold in their wallets. Any cardholders need to place their NFT & $DIGI tokens as a bet and select a color of their choosing to participate.
Once we reveal the winning color, the winner will receive the losers NFT, along with the amount of $DIGI tokens that was placed as a bet. A 1% fee from the total bets will be taken, of which 0.7% will go towards the staking pool, and 0.3% is burned.
The Digible Auction Feature
Our team will set up an auction featured at the marketplace that requires all users to hold a minimum of 3000 $DIGI to participate.
If a user wishes to sell their physical card via an auction, the card would have to be sent to Digible. If it is an NFT, the digital card will be locked on our platform for the auction duration, and smart contracts will handle the transactions.
We have a 10% processing fee for any sale/ auction held in the marketplace. 5% of the total fee will automatically go into the staking pool. The remaining 5% will go to funding future operations and expenses of the platform to ensure sustainable growth of the entire project.
DIGI token is now live on the Ethereum mainnet. The token address for DIGI is ......... Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough ETH in your wallet to cover the transaction fees.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)...
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)...
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
You need a wallet address to Connect to Uniswap Decentralized Exchange, we use Metamask wallet
If you don't have a Metamask wallet, read this article and follow the steps
Transfer $ETH to your new Metamask wallet from your existing wallet
Connect Metamask wallet to Uniswap Decentralized Exchange and Buy, Swap DIGI token
The top exchange for trading in DIGI token is currently ..........
There are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once DIGI gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
Find more information DIGI
🔺DISCLAIMER: The Information in the post isn't financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
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