DREP Biweekly Updates 12.10–12.23

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DREP family

7 min readDec 26, 2018

The 2018 Review

In 2018, we officially established DREP and successfully completed its fundraising. As a team with the genes of Blockchain, Internet and Finance, DREP’s core development concept is to break the shackles of centralized data silos and build a cross-chain, cross-ecosystem security sharing value data network.

A brief overview of the second half of 2018:

| We launched the application of DREP protocol layer concept — launching Reputation Mining product

| We became the first to explore the Australian blockchain market, reaching in-depth strategic cooperation with a number of top Internet companies

| We co-established Developer Community with several universities in Asia and became the first blockchain practice base for Nanyang Science and Innovation Center

| We focused on the forefront of blockchain technology breakthroughs, plowing deep in the underlying capacity expansion, data privacy protection, digital ID and other fields

| We have built and will still continue building an open, transparent, innovative, groundbreaking industry ecosystem with blockchain industry alongside multiple outstanding teams in blockchain.

Meanwhile, DREP MainNet Beta version will soon be announced, we invite all DREPers to stay tuned for good news!

Next, let’s find out what DREP has been up to in the past two weeks. 2019 new year countdown is ticking, and what has DREP team been up to at the end of the year?

Summary

| Test Net public chain is successfully deployed and will soon go online. With the Test Net, the DREP blockchain browser is also live after integrated tests.

| After the successful completion of Reputation Mining Round-I, the second Round of Reputation Mining activities will be launched before New Year’s Day with higher bonuses, and even a chance to win BTC!

| DREP CBO Jesse announced the strategic plan for 2019 in DREP Global Telegram Community: MainNet Beta version will soon be released for public testing, and the long-awaited time for listing has also been decided.

| DREP has reached a further stage with US points project, our article DREP ECOSYSTEM | World’s Top EMBA program TRIUM Join Hands with DREP enabling digital points tokenisation, will explain in detail how blockchain technology will revolutionize the traditional retail industry with a numerical point system.

Development Activities

With the approaching New Year of 2019, DREP’s 1-year long prepared products have now been unveiled. Whether it’s the Test Net or Reputation Mining, these are our New Year’s gifts to you — DO NOT MISS this opportunity to share the million token prize pool and the opportunity to win 1 BTC on your own! Go register at drep.io!

Infrastructure:

1. TestNet public chain is successfully deployed in a stable version after continued testing. We can now announce that DREP TestNet could be officially launched!

2. Added the relevant plug-ins for obtaining Reputation data, interconnecting Reputation data of different platform sub-chains and DREP main chain.

3. Optimized the infrastructure, cross-chain, scalability and other functions, improving operational efficiency.

4. Continued testing and optimizing consensual, transactional, and cross-chain codes to enhance its security and stability so as to protect users’ assets and privacy.

5. Fixed bugs in branches and logs, optimized nodes and configurations.

Front-End:

1. With the Test Network, blockchain browser is successfully launched after integrated testing.

Login Interface of Mining Round 2 - Festive!

2. DREP Phase II Reputation Mining activities will go online for Christmas! According to the Phase I feedback, we have optimized many aspects including registration and interface and modified certain rules to make the process more reasonable.

3. Important functions such as retrieving the password were added to an account, so that old users could obtain their accumulated Reputation Points.

Marketing Activities

12/17 DREP CBO Jesse Announced Strategic Plans for 2019 in DREP Global Telegram Community

On Dec. 17th, DREP CBO Jesse Liu announced the 2019 Strategic Plan in DREP Global Telegram Group, where he described recent breakthroughs in product development and business development, as well as recent updates in the DREP team:

1. The team is nearing the completion of DREP Chain’s technical output collaboration — DREP Chain, Reputation Protocol, and DREP ID.

2. DREP ecosystem products (DREP Mining, DREP Voting, DREP Bate) have reached global strategic cooperation with some of the leading companies in China, covering more than 4 countries and regions, and will be fully promoted in 2019.

3. Thanks to the recognition received for our Reputation Protocol and DID technical outputs, we expect there will be significant market demand for DREP tokens. At the same time, our major partners will also be issuing their own reputation tokens, so we have plans to accelerate our vertical self-owned ecological reputation asset marketplace on the development agenda.

The most anticipated announcement of DREP’s strategic plan in 2019 includes several big news:

1. DREP Test Net is soon to be launched.

2. Our initial exchange listing time has been decided: the first quarter of 2019.

3. Multiple leading exchanges have been chosen, and overall completion time is expected to be by the second quarter of 2019.

Following the announcement, CBO Jesse also interacted with members of the community, opening up several questions and providing detailed answers.

12/19 DREP Reputation Mining Round 2 activities launched to usher digital assets into the mainstream

DREP Reputation Mining aims to create a light, convenient brand — audience interaction and marketing tool. In Round 1, we used DREP as the brand and attracted “miners” from around the world, receiving overall great feedback.

**Recap | 2-Week “Reputation Mining” — Success!**

The long-awaited Round 2 of Reputation Mining is expected to go live after Christmas. Compared to Round 1, Round 2will be much richer in content and provide even more generous rewards: not only can users be sharing the 1,000,000 DREP token prize pool, there will also be a chance to win a BTC directly. Round 2 Mining has started for registration since December 23rd, for more details, please stay tuned to DREP’s official Telegram Group, where DREP will light up a different Christmas with you!

**DREP Totally Awesome Christmas Giveaway**

In the future, after completing the testing of embedded DREP IDs and cross-lchain technologies, we will release the official version of Mining APP, which will be linked to the future DREP wallet and trading marketplace, enabling the exchange of IDs, and gradually reaching the DREP ideal of lowering the threshold for people to understand digital assets.

12/19 DREP published article DREP ECO | World’s Top EMBA program TRIUM partners DREP enabling large-scale digital points

On Nov. 8th, TRIUM EMBA Program visited DREP to discuss with DREP team about how blockchains can enable the traditional retail sector, with digital points as the focus. It is reported that the global unused points have reached the value of 360 billion US dollars, and there is much market potential to be explored. Through the blockchain points system, the two-way exchange of practical products and digital assets of the retail platform can be achieved, thus opening up online marketing channels — such is the great vision for the future of blockchain to enable the retail industry. DREP is working hard on achieving this vision.

As of now, DREP has developed a comprehensive set of solution for users to solve the following traditional issues: high points conversion threshold, high dispersion, low transparency and low security. The digital encryption technology, de-centralized ID technology and reputation protocol deployed on the service layer are all aimed at creating a healthy on-chain ecosystem and achieving a win-win situation for customers and businesses so that the unused credits can be revitalized for generating higher values.

The above is the selected content of our bi-weekly newsletter.

DREP has taken significant progress in 2018 to enhance our capacity to compete with many other public chain projects.

Our upcoming DREP Testnet 1.0 will be our strongest voice this year to show that we are not afraid of the crypto winter and we are working relentlessly to deliver on our promises and visions!

ABOUT DREP Foundation
DREP Foundation is devoted to building a performance-oriented technology infrastructure supporting high transaction capacity for an ecosystem generating valuable reputation data. Focusing on two industry pain points: lack of user adoption and low transaction throughput, DREP Foundation aims to provide highly scalable, modular blockchain architecture for deployment of a reputation protocol that any types of platforms can use.
DREP envisions a global plan to empower a wide array of platforms to have tokenized reputation ecosystem deployed on top of DREP Chain, which is secure, scalable and reputation data supportive.