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View ChartDEAPcoin (DEP) is the native ERC-20 utility and reward token for PlayMining, a Web3 entertainment and gamified DePIN (Decentralized Physical Infrastructure Network) platform operated by Digital Entertainment Asset (DEA). Headquartered in Singapore, the DEA Project is a blockchain-based multimedia digital entertainment platform featuring digital arts, games, and various other forms of entertainment. The token is designed to power an ecosystem where users earn rewards by playing blockchain games or reading digital manga. With a total supply of 30 billion tokens, DEP is notable for being the first Play-to-Earn token approved by Japan's Financial Services Agency (FSA).
Naohito Yoshida founded the DeapCoin network and serves as Chief Executive Officer. According to the project, Yoshida founded the network at age 28 alongside anime company GLAMS Co., Ltd., and is described as one of the pioneers of Japan's animation industry. Co-founders include Naohito Yoshida (CEO), Kozo Yamada (Co-CEO; also referenced as Co-founder and CSO), and Shigeru Shiina (AI research background at NEC Central Research Laboratories). Shinya Kiriu serves as COO and attended the University of Tokyo. Taishi Sato is the CPdM. The project is operated by Digital Entertainment Asset Pte. Ltd, headquartered in Singapore.
DEAPcoin operates within the PlayMining platform, a blockchain-based multimedia digital entertainment platform featuring digital arts and other forms of auditory and visual entertainment. According to the project, the PlayMining platform consists of three main elements: the DEA Bank, the Digital Art Auction, and the Game/Manga section. According to the project, the DEA Bank is a blockchain-based wallet where PlayMiners store and check their earned rewards. The Digital Art Auction allows for the purchase, sales, and trading of Digital Assets between PlayMiners. According to the project, the Game/Manga section is where users earn DEP by playing free games or reading available manga. These elements are all linked with Digital Assets, owned collectively by all registered PlayMiners, and are interconnected to function together.
Unlike most Ethereum-based developments that use the regular Proof of Stake (PoS) or Proof of Work (PoW), DeapCoin uses a unique consensus system known as Proof of Play (PoP). According to the project, Proof of Play is designed as an auto-circulatory, auto-regulatory model intended to distribute DEP tokens among PlayMiners. It requires three different conditions before execution: the launch day phase where DEP tokens are released from minable reserves following the release of new IPs; a phase where a substantial number of days have passed and third-party IP creators increase the economic zone, causing a proportional increase to the number of auctions, PlayMiners, and operating entities; and the final stage where there is a balance in the distribution of DEP tokens in the PlayMiners economic zone, canceling the need to supply tokens from the Minable Reserve. Additionally, DEP is the first Play-to-Earn token approved by Japan's FSA, providing a significant regulatory distinction.
The DeapCoin platform gives room for PlayMiners to earn in the Game Zone. There are specific settings and scenes in a game that reward the player a specific amount of DEP tokens if won as directed by the smart contract. These scenes and special conditions include winning a quest or an in-game card, passing a task, or beating an existing record. On the gaming platform, PlayMiners are provided the opportunity to purchase Digital Assets based on their game of choice or manga, allowing them to hold the purchased asset and sell it for a higher price. Ownership of these items grants special powers and unlocks several skills. DEP can be traded against pairs such as DEP/USDT on supported exchanges. Furthermore, DEP can be used for DEA's DeFi services and fees for processing transactions, and can be locked in platform portals for ecosystem benefits through staking.
The PlayMining platform is developing as a blockchain-based multimedia digital entertainment platform that features digital arts and other forms of auditory and visual entertainment. The platform is called PlayMining, where users earn DEP rewards by playing games and reading digital manga. The project aims to build an earning mechanism for content creators so that more people can make a living through PlayMining. These individuals are called "PlayMiners." The ecosystem aims to create a new perception of gaming, where gamers' continuous unrequited financial investment is replaced with rewards for their most loyal users who spend time on the gaming platforms. The DEA Project has developed an official cryptocurrency token that serves as the reward currency to game users in place of charging them, and a platform is being created that allows users to spend the currency, facilitating the circulation of the token in the economic market.
DEAPcoin is not mined through traditional Proof of Work mining. Instead, users earn DEP tokens through the Proof of Play (PoP) mechanism by participating in activities on the PlayMining platform. Players earn DEP by playing blockchain games or reading digital manga. Specific settings and scenes in a game reward the player a specific amount of DEP tokens if won as directed by the smart contract. These scenes and special conditions include winning a quest or an in-game card, passing a task, or beating an existing record. Additionally, DEP tokens can be staked by locking them in platform portals for ecosystem benefits. The Proof of Play model controls and ensures the fair distribution of DEP tokens amongst PlayMiners through an auto-circulatory, auto-regulatory system.
DEP is an ERC-20 token on Ethereum, so it inherits Ethereum's network security; the project states that its code undergoes external security audits. DEP is issued as an ERC-20 token on Ethereum, so transactions settle on Ethereum and inherit its network security. The project's Proof of Play (PoP) model governs token distribution, not block validation. Users should store DEP tokens in secure wallets, enable two-factor authentication where available, and remain vigilant against phishing attempts. Holding and trading crypto assets carries risk, including market volatility and the risk of losing funds; users should do their own research and only use funds they can afford to lose.
DEAPcoin is obtained mainly from gaming or manga reading on the PlayMining platform. For non-PlayMiners who would love to get their hands on the token, DEP tokens are available across several exchanges and can be easily purchased. DEP is listed on several major exchanges; check a reputable exchange's official listing page to confirm available DEP trading pairs before trading. Trading and holding crypto assets carries risk, including market volatility and the potential loss of funds.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for DEP are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of DEAPcoin (DEP) is $0.000986. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated DEP to USD rate at the top of BTCC’s price page. In terms of market scope, DEAPcoin records a 24h trading volume of $219.766139K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $29.889233M. Its current circulating supply stands at 29.85B out of a maximum supply cap of ∞.
The price volatility of DEAPcoin (DEP) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (29.85B) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, DEAPcoin (DEP) hit an all-time high (ATH) of $0.092127 on 2021-11-24 15:05, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000694 on 2023-10-18 05:25. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading DEP futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($219.766139K), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s DEPUSDT perpetual contracts support two-way trading. If you anticipate a price decline for DEAPcoin, simply log into your BTCC account with USDT margin available, navigate to the DEPUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for DEPUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.000986), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for DEPUSDT with zero financial risk.
Trading DEAPcoin (DEP) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for DEPUSDT, and review its live price ($0.000986) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
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