Covey invests in Dyor Exchange to support its mission of making Web3 investing simple and accessible to everyone.
Dyor is developing a decentralized social investing app that aims to make Web3 and DeFi investing accessible and engaging for newcomers.
The founder once described it as “Imagine Robinhood meets Tinder, but tailored for Web3 investments.” The app is 100% non-custodial and permissionless, offering an intuitive interface that allows users to enter the Web3 space and start investing within seconds. With Dyor, users can discover promising projects, follow other investors, manage their portfolios, achieve milestones, and earn rewards. We have tested the app on the testnet and the user experience is truly amazing.
Functionality Highlights
User-friendly swipe interface
Users can swipe through high-quality project cards and swipe right to invest, left to skip, or up to add them to their watchlist.Easy discovery and decision-making
The app provides real-time price alerts, market news, user-generated data and research, and traction statistics in one place to help users make better investment decisions.Single wallet, multichain investing
Users can seamlessly access multiple chains using a single wallet, including Ethereum and Binance Smartchain.Fiat On-ramp
The app allows users to easily buy crypto with over 30 fiat currencies.Social investing
Users can learn from experienced investors, share their own research, and join conversations with Dyor App’s active community of Web3 investors and contributors, while also earning rewards.
Milestones & What’s Next
The team currently has over 430k global subscriptions to their waitlist, spanning Southeast Asia, Europe, and the Americas. You can still register to become one of the early users by following this link. Additionally, if you’re really excited about Dyor Exchange, you can join their referral program and earn rewards.
So what’s next? Dyor plans to launch the app and $DYOR token by the end of Q1. They also have several exciting plans in the pipeline for this year, including Dyor off-ramp, a gamified Dyor profile, Dyor competitions, Dyor academy, Dyor reward suite, and a gas management system.
Covey & Dyor
We will help expand the global ecosystem of Dyor through our network and support the token strategy and execution. With our deep knowledge of market making and building strong token ecosystems, we aim to support the team to establish a healthy token ecosystem that rewards users fairly, promotes platform growth, and complies with global regulations. Additionally, we will provide objective feedback and support for product development, drawing from our experience in building numerous apps in recent years. Overall, we are thrilled to have added Dyor to our portfolio and eagerly anticipate supporting the team.