Defigram PriceDFG

What is Defigram (DFG)?

Defigram (DFG) is an instant messaging social software built on the Telegram communication protocol, combining social networking with decentralized finance (DeFi) technology. The project allows users to make barrier-free connections between Defigram and Telegram's communities, channels, and users, while also providing a decentralized wallet service. This integration enables users to seamlessly experience various DeFi products while communicating, which the project states greatly improves communication efficiency and reduces communication costs. Defigram operates on the BNB Smart Chain as a BEP20 token. The total supply of DFG is capped at 1,000,000,000 tokens, with 10,000,000 DFG in circulating supply, representing 1% of the total supply at the time of writing. The project launched in 2021 and was listed on 2022-04-18 according to Yahoo Finance profile data.

Key Specifications & Tokenomics

• Name: Defigram
• Symbol / Ticker: DFG
• Blockchain / Platform: BNB Smart Chain (BEP20)
• Category: BNB Chain Ecosystem
• Total Supply: 1,000,000,000 DFG
• Max Supply: 1,000,000,000 DFG
• Circulating Supply: 10,000,000 DFG
• Launch Year: 2021
• Listed Date: 2022-04-18
• Official Website: https://defigram.net/
• Whitepaper: https://defigram.net/Defigram_Whitepaper.pdf
• Twitter: https://twitter.com/HiDefigram
• Block Explorer: bscscan.com
• CertiK Rating: 3.5
• Holders: 238

Who created Defigram?

Detailed public information about the founding team, individual developers, or the organization behind Defigram is currently limited in the available references. The project maintains an official website and a Twitter account under the handle HiDefigram, through which it communicates with its community. The whitepaper is publicly accessible and provides technical and conceptual details about the project's vision. While the identities of the core contributors are not widely disclosed, the project has been referenced in third-party analyses, including a DevDiscourse article published on Sep 14, 2023, which discussed the role of smart contract technology at the core of Defigram's functionality.

How does Defigram work?

Defigram operates on the Telegram communication protocol, which serves as its underlying messaging infrastructure. The platform integrates a decentralized wallet directly into the application, allowing users to hold and manipulate various crypto assets without leaving the communication environment. At the core of Defigram's functionality lies its smart contract technology, which consists of self-executing contracts with predefined rules that automate transactions and interactions on the blockchain. Built on the BNB Smart Chain as a BEP20 token, Defigram benefits from the speed and low transaction costs associated with that network. The platform also supports NFT authentication for user avatars and provides space for users to display their NFT collections. Users can link between Defigram and Telegram's communities, channels, and users in a barrier-free manner, creating a bridge between social interaction and decentralized finance.

What makes Defigram unique and valuable?

Defigram distinguishes itself by merging instant messaging with decentralized finance into a single platform. Unlike traditional social applications that operate separately from financial services, Defigram allows users to access DeFi products directly within their communication interface. The project emphasizes building a high-quality DeFi community by providing updated and more complete DeFi information, and creating more valuable usage scenarios for DeFi products. Its ability to connect with Telegram's existing ecosystem of communities, channels, and users gives it immediate access to a large user base. Additionally, the platform's support for NFT authentication and display adds a layer of digital asset utility for users. The decentralized wallet service further shortens the distance between DeFi projects and users, enabling direct experience of DeFi products within the project environment. With a CertiK rating of 3.5, the project has undergone some level of security assessment.

What is Defigram used for?

DFG serves multiple functions within the Defigram ecosystem. Primarily, it is used as the native token on the BNB Smart Chain (BEP20) platform, facilitating transactions and interactions within the Defigram application. Users can utilize DFG in conjunction with the platform's decentralized wallet service to hold and manipulate crypto assets. The token supports the broader DeFi ecosystem that Defigram aims to serve, including the creation of valuable usage scenarios for DeFi products. DFG is also referenced in the context of NFT authentication and display, where users can showcase their NFT collections. The token is available for swapping via Onchain, and buy/sell functionality is referenced on various platforms with one-time USD amounts. Conversion pairs include DFG to AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, and KRW. The token is listed on multiple market venues and trading platforms, providing liquidity and accessibility for users.

How Is the Defigram ecosystem developing?

The Defigram ecosystem is centered around the integration of social communication and decentralized finance. The project has established a presence across multiple cryptocurrency data platforms and exchanges, with listings referenced on CoinMarketCap, Crypto.com, Kraken, Coinbase, CoinGecko, Binance, Bybit, Coinpedia, Coinlib, LiveCoinWatch, Coinwink, Coinranking, Blockspot, Bitget, and CoinDesk. The platform is compatible with iOS and Android devices, making it accessible to a broad mobile user base. Defigram maintains an active Twitter presence and has a community section listed on CoinMarketCap. The project's whitepaper outlines its vision for serving the DeFi ecology and users. As of the available data, Defigram has 238 holders and is trading on 5 active markets according to Yahoo Finance. The project continues to develop its ecosystem with a focus on building a high-quality DeFi community and expanding the utility of its platform.

How to mine Defigram?

Defigram (DFG) operates on the BNB Smart Chain as a BEP20 token, which uses a proof-of-staked-authority consensus mechanism rather than traditional mining. There is no public information available regarding a mining process for DFG. Token acquisition typically occurs through trading on supported venues or swapping via decentralized products. The project does not appear to promote a mining or staking mechanism in its available documentation. Users interested in acquiring DFG should explore the buy, sell, convert, and trade functionalities referenced on various platforms. The token's value is derived from its utility within the Defigram ecosystem rather than from mining rewards. As with any cryptocurrency, potential participants should conduct their own research and understand the token's economics before engaging with the platform.

How to keep your Defigram Coin safe?

Keeping DFG tokens safe begins with using the decentralized wallet service integrated into the Defigram application, which allows users to hold and manipulate crypto assets directly within the app. Users should ensure they download the application only from official sources and verify the authenticity of the platform through its official website and Twitter account. Since DFG operates on the BNB Smart Chain, standard security practices for BEP20 tokens apply, including safeguarding private keys and seed phrases, enabling two-factor authentication where available, and being cautious of phishing attempts. The project holds a CertiK rating of 3.5, indicating some level of security review has been conducted. Users should stay informed about project updates through official channels and exercise caution when interacting with third-party services. As with all cryptocurrency investments, diversifying holdings and avoiding concentration in a single asset can help manage risk.