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Dvision Network - Everything you need to know about DVI Token

Dvision Network is a multichain metaverse platform that is built on top of the Ethereum Network and Binance Smart Chain. What makes Dvision Network special? Learn more about DVI Tokenomics here!
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toannguyen
Published Dec 03 2021
Updated Jul 18 2023
6 min read
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The metaverse has recently become a trendy topic. On October 29, 2021, Facebook officially changed its name to Meta, indicating its focus on the Metaverse field. Therefore, many crypto projects featuring metaverse products have experienced tremendous growth in the last ten days.

In this article, we would like to introduce Dvision Network known as a blockchain-based NFT metaverse. We'll be covering the following topics:

  • What is Dvision Network? How does Dvision Network work?
  • DVI Tokenomics and How/Where to earn and store DVI tokens?
  • Roadmap & Updates.
  • Team members, Investors, and Strategic Partners.

Let's explore the potential of DVI!

What is Dvision Network?

Dvision Network is a multichain metaverse platform that is built on top of the Ethereum Network and Binance Smart Chain and is powered by the DVI utility and governance token across its all platform pillars. Dvision Network presents a new virtual reality world, where humanity can lead an affluent life, at the very center of the ICT-based fourth industrial revolution.

Learn more: What is the Metaverse?

What is Dvision Network

Dvision website: www.dvision.network

How does Dvision work?

Dvision is segregated into some major platform pillars, which are NFT Marketplace, Meta-Space, Meta-City and NFT market.

Meta-Space & Mega-City

When the user first creates his AVATAR and accesses the Dvision Metaverse. Once in the Meta-City, users will be able to interact with all the created and offered pieces of content that are interconnected with all the Meta-Spaces introduced in this big city. 

The Meta-Space concept assumes the customization of both interior and exterior sides of the LAND. In order to customize the exterior side of the LAND, the users will have to purchase the building from the NFT Marketplace, by incurring the payment in DVI Tokens.

Meta-Space LANDs (Meta-Space) allows users to create their own metaverse content, which is then integrated into the Meta-City.

Content can be presented in any form, whether it's educational, commercial, or even entertainment, and there are no limitations.

Mega City in Dvision

Mega City in Dvision

Play 2 Earn

Dvision integrates a new sustainable "Play 2 Earn" model in its metaverse in order to provide the users a rewarding experience in the ultimate blockchain-based augmented reality. 

The upcoming "Play 2 Earn" will be a vital component of Meta-City. It will automatically be put up for auction once the occupied by monsters LAND has been cleansed. The proceeds from the sale will be divided among the contributors based on their contribution ratio.

LAND structure in Dvision

LAND structure in Dvision

NFT Marketplace

Dvision is currently developing its native NFT marketplace that will enable users to create and sell NFT items. NFT Marketplace is a place where users can create and trade unique items, protected by the NFT standards, such as BEP-721/ ERC-721 or BEP-1155/ ERC-1155.

NFT Marketplace in Dvision

NFT Marketplace in Dvision

What is the DVI token?

DVI token is the utility and governance token based on Ethereum and Binance Smart Chain mainnet, that is used inside of the Dvision Metaverse. 

Detailed information about DVI Token

DVI Key Metrics

  • Token name: Dvision Network
  • Ticker: DVI
  • Blockchain: Ethereum, BSC
  • Contract:
    • ERC-20: 0x10633216e7e8281e33c86f02bf8e565a635d9770.
    • BEP-20: 0x758fb037a375f17c7e195cc634d77da4f554255b.
  • Token Type: Utility and governance.
  • Total Supply: 1,000,000,000.
  • Circulating Supply: 279,496,290.

DVI Token Allocation

  • Development: 25% (250,000,000 DVI).
  • Ecosystem: 17% (170,000,000 DVI).
  • Reserve: 10% (100,000,000 DVI).
  • Sale: 20% (200,000,000 DVI).
  • Marketing: 15% (150,000,000 DVI).
  • Team: 10% (100,000,000 DVI).
  • Advisors: 3% (30,000,000 DVI).

dvision token allocation

DVI Token Allocation

DVI Token Release Schedule

Currently, Dvision announced the token release schedule for the team. 10% of the DVIs were allocated for the founders and early team members. The vesting of the team tokens was scheduled to occur from November 27th, 2021.

DVI Token Sales

DVI’s IEO was launched on Gate.io with $0.49 per DVI (205,000) on Oct 10th, 2021.

DVI Token Use Cases

  • Payment: The first and primary utility case of DVI is correlated with its marketplace, where users can buy or sell virtual goods.
  • Governance: DVI Tokens will be staked into the DAO in order to receive the VP (Voting Power) and participate in major voting proposals.  
  • Staking: DVI Holders will be able to engage in the staking of their DVI tokens to earn rewards from DAO Pool, which accumulates the fees collected from the sales in NFT Marketplace and inside of the Metaverse.

How to get DVI Token

You can get DVI tokens by buying them on cryptocurrency exchanges. 

How to store DVI Token

You can store DVI on Coin98 Wallet with these steps:

Step 1: Open Coin98 Wallet & click Search Icon on the home screen.

Step 2: Search DVI Token.

Step 3: Click on the correct result at Receive Tab with a specific chain, copy the wallet address and send DVI to this address.

How to store Dvision token

How to store Dvision

How to buy DVI token

You can buy DVI tokens on exchanges such as: Mexc.com, Gate.io, Bitthumb, Uniswap (V2) and PancakeSwap (V2).

You can also swap and buy DVI tokens directly at the Coin98 Exchange interface at the end of this article! Coin98 Exchange is a decentralized exchange (DEX), a Multi-chain liquidity aggregator that offers users a wide variety of DeFi services (swap, stake, lend, borrow,...) through intuitive and simple interfaces.

Learn more: How to use Coin98 Exchang

DVI Roadmap

2021 Q1

  • NFT Market purchase & selling Beta Test phase commercialization. 
  • Expansion to the Chinese market & cooperation with ZMVR.
  • VR City PC version development. 
  • In Market: Item & NFT Exchange system planning & designing. 
  • User Item inventory & management system UI/UX development. 
  • VR-Space #1 DVI-Exhibition venue official version release.
  • 2021 Dvision Conference Planning (Luniverse Partners Day). 
  • Interoperability with External Platforms of NFT Transaction System Planning. 

2021 Q2 

  • Dvision Conference Hosting (Luniverse Partners Day). 
  • First Open Dvision City Lobby Development Completion. 
  • China ZMVR Service Launch & User Attraction. 
  • Business Cooperation with Municipality of Cordova in Cebu, Philippines (Work in Progress).
  • VR-Space #2 DVI-Gallery Official Version Release.
  • Dvision World Beta Test Release. 
  • Character Customization & ITEM installation function system planning and development. 
  • EMP Studio MoU Establishment (Gaming Graphic Studio). 
  • Dvision BSC Bridge Private Access Launch. 

2021 Q3 

  • Application of the “External Link” technology inside of the Meta-City. 
  • DVI DAO & Governance Mechanism Planning. 
  • South Korean Parliament Debate in Dvision. 
  • BSC Anniversary in Dvision Metaverse. 
  • LAND Sale Planning. 
  • Land Sale Web (Outsourced Development). 
  • Meta-City Advertising System Beta Development 
  • PET & NFT ITEM System(Wearable and Ride) Development. 
  • PET Survival Arcady Map Planning. 

2021 Q4 

  • PET Survival Arcady Beta Test Launch.
  • DVI DAO & Governance Web Version Development.
  • Meta-Space #5. DVI-Book Cafe Development / E-book System Configuration.
  • Meta-Space #6. DVI-Pet System Evolution / Synthesis System Planning.
  • Studio (PET Designing) Development.
  • Studio Web Version Development.
  • Meta-City Mobile Version Development.
  • Land Sale 2nd Round Open.
  • Land Open 1st Round Official Launch.

2022 Q1 

  • Meta-Space #3 DVI-Concert Development Planning.
  • Meta-Space #4 DVI-Leasing Building Planning.
  • Function Options in Building Detailed Planning
  • DVI-pet type & evolution/compose function Beta Development.
  • Meta Space #6 DVI-pet Combat & Battle System Planning.

Team, Investors, and Partners

Team 

Dvision Network was built at the end of 2019 by a team from Korea with the vision to turn Dvision into the No. 1 blockchain-based metaverse company.

Team of Dvision

Team of Dvision

Investors

Updating...

Partners

Dvision has many partners, notably Chainlink, Binance, Elrond, Polygon,...

Partners of Dvision

Partners of Dvision

Is Dvision (DVI) a good investment?

There are many applications for the metaverse, from energy to reforestation and environmental initiatives to gaming and immersive new ways to interact with digital assets, which allows users to use their accumulated digital assets in a new and functional way.

On August 12th, 2021, a live debate was held in the Dvision Metaverse. The Korean Parliament organized the event with the help of legislators from the country's major political parties. Therefore, Dvision is the pioneer of Metaverse in Korea.

The Metaverse Debate in Dvision

The Metaverse Debate in Dvision

There are a number of investment options available for those who want to get involved with Dvision Network, such as DVI tokens and virtual goods in the Metaverse world.

Metaverse is now experiencing FOMO (Fear Of Missing Out) signs from the market. Before adding DVI to your portfolio, you should carefully monitor the crypto market's movement and determine the proper price range for your entry.

Similar Projects

  • Decentraland (MANA): Decentraland is a project that provides an infrastructure to support a shared virtual world, also known as a metaverse. It consists of a decentralized ledger for land ownership, a protocol for describing the content of each land parcel, and a peer-to-peer network for user interactions.
  • Radio Caca (RACA): The exclusive manager of Maye Musk Mystery Box (MPB) NFT and DeFi + GameFi vehicle for The USM Metaverse.
  • Axie Infinity (AXS):A popular blockchain game that was inspired by the massively successful Pokemon game series.

Conclusion

So I have provided you with the latest information from Dvision Network. If you're interested in other Metaverse initiatives besides Division Network, please leave a comment below. Coin98 will research the projects and publish articles about them.

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