What makes the DEIP token valuable?

Alexey Kulik
DEIP
Published in
4 min readApr 25, 2022

The DEIP token is a utility token that you can use to pay for services in the ecosystem. The DEIP ecosystem provides protection for IP, incentivizes inventors, and fosters creativity.

This allows people who cannot afford traditional patenting costs to get the same level of protection as someone who could. Additionally, this platform will incentivize inventors to submit their inventions with the confidence that they will never be threatened by patent trolls again.

What is the DEIP token and what is it used for?

The DEIP token is the backbone of the DEIP ecosystem. It rewards inventors for their contributions and incentivizes users to participate in the ecosystem. The DEIP token is also used to pay for services within the ecosystem, such as patent filing and litigation.

To use the DEIP ecosystem, a person will need to acquire some DEIP tokens. Inventors can earn DEIP tokens by submitting inventions or providing services such as filing and defense over their intellectual property.

A user might also choose to purchase a certain amount of tokens to stake their claim within the system; this is an excellent idea if they want to be rewarded with tokens when someone else submits an invention similar enough to what they previously offered.

Users can also earn more DEIP through social mining; they share their ideas on our platform and are incentivized to do so based on likes from other users. In effect, it encourages them to post ideas that are more likely to be accepted.

How the DEIP token can help inventors monetize their intellectual property and participate in the community

As mentioned above, when an inventor submits an idea on our platform, they will need some DEIP tokens for us to review it. If our moderators approve the proposed invention for inclusion within the system, this will entitle them to future earnings from other users who may submit similar inventions.

In addition, they maintain all rights over their intellectual property — which means no one else can claim it as their own. Creators also have access to a decentralized marketplace where they can purchase a range of services built into our ecosystem.

If users are interested in using the DEIP system, they will need some tokens. They can either buy these tokens from an existing user on the platform or purchase them directly from us at a fixed price, providing that they do not exceed their monthly debt limit.

If other users have submitted similar ideas, they may want to stake their claim to make it more difficult for others to submit similar inventions. To do this, they will need to acquire more tokens — this also helps protect them against any future claims of plagiarism.

Why is the DEIP token unique?

The DEIP ecosystem protects IP by removing the risk of patent trolls through blockchain-based smart contracts. This allows inventors to submit their inventions confidently knowing that patent trolls will never threaten them. The team at DEIP is excited about what they are doing and has a strong foundation in creating a successful business model.

We designed this protocol without any existing limitations, ideally allowing companies to compete in multiple industries. Our team of experts has a legal background, which makes the project extremely credible as it reduces legal costs and makes life easier for inventors. We have already issued several valuable patents, including one on anti-counterfeiting technology.

Features of the DEIP ecosystem:

  • Protection against patent trolls through the use of blockchain-based smart contracts
  • Ease of submitting inventions with confidence that they will never be threatened by patent trolls again
  • Access to a decentralized marketplace where users can purchase a range of services that are built into our ecosystem
  • Incentives for inventors to submit their inventions, such as social mining and staking.
  • Improved access to capital for inventors
  • Airdrop: order a specific amount of tokens and receive them directly into your wallet, which you can use to transact on the DEIP platform

Why invest in DEIP tokens

One of the main reasons people should invest in DEIP tokens is the protection it offers. This is a massive issue for inventors, as they can be exploited and sued for millions of dollars by patent trolls.

DEIP is the solution to this problem, as it allows inventors to submit their inventions with confidence that they will never be threatened by patent trolls again. In addition to this, the DEIP ecosystem provides a range of other benefits, such as access to a decentralized marketplace, social mining, and staking.

This makes DEIP token a valuable investment for anyone interested in protecting their intellectual property or participating in the blockchain industry.

The DEIP ecosystem provides several valuable features, including easier access to capital for inventors. In addition, the DEIP team has a foundation of success in this field. Therefore, people can have confidence in supporting the project and investing in DEIP tokens.

Take this opportunity, invest in the DEIP token!

We’ve created a tokenized platform that uses blockchain technology and smart contracts to create a safe and secure ecosystem to protect intellectual property.

With a strong background in creating successful business models, we’re confident that this model will offer the same rewards for investors as our other projects.

To take advantage of this fantastic opportunity and be part of the solution, we invite you to support our project and invest in the DEIP token. This will drive the platform’s development and allow you to make the most out of its current and ongoing benefits!

Stay tuned for further updates by following DEIP:

Website | Twitter | Telegram | Github | Discord | LinkedIn

--

--

Alexey Kulik
DEIP
Writer for

Co-founder @ DEIP — Creator Economy Protocol