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About Deeper Network
Deeper Network is a Silicon Valley-based company located in Santa Clara, CA. It combines blockchain, network security, and the sharing economy to create a global peer-to-peer network that empowers real internet users and paves the way for the next generation of the web. With its 6th generation hardware unit called the Deeper Connect and over 30,000+ working nodes worldwide, the project aims to build a more secure, private, and fairer internet for everyone. The decentralized communications network of Deeper Network will serve as the gateway to Web 3.0 for billions of users.
Deeper Network is built on Polkadot and has been selected by the Parity committee to participate in the Substrate Builder's Program for its visionary concept of bridging the gap to Web 3.0. It was also chosen as a winner of the Substrate Builder's Web 3.0 grant to develop essential infrastructure for Polkadot in early 2021.
Who is backing Deeper Network?
Deeper Network is backed by several prominent investors and partners including Parity, AU21, Digital Renaissance, Master Ventures, Brilliance Ventures, Loopring, SevenX Ventures, UVA, YOUBI Capital, GOBI Partners, CANDAQ, Blocksync Ventures, Republic, ChinaPolka, Titan Ventures, Consensus Lab, Spark Digital Capital, and BMW Capital. It has also formed partnerships with Polkadot, Best Buy, Amazon, Indiegogo, PAID Ignition, Duckstarter, Poolz, and Flybit.
What is DPR?
DPR is the native token of Deeper Network. It serves as the gas for the Deeper Network ecosystem. The value of DPR is derived from users' usage of decentralized services and applications on the network, as well as the incentivization of network staking and mining rewards. This creates a self-sustaining decentralized economy. With planned developments to achieve interoperability with other ecosystems, DPR will become useful across different platforms. The total supply of DPR is capped at 10 billion, with 60% reserved as mining rewards for users of the Deeper Network.
What are DPR's Use Cases?
- Decentralized Private Network - P2P Bandwidth Sharing: DPR tokens can be earned and spent by sharing or consuming bandwidth on the network. Unlike traditional P2P network models, DPR incentivizes users to actively contribute bandwidth, making the overall network more robust and performant for everyone.
- Decentralized Cyber Security Services: Each Deeper node serves as a next-generation firewall (NGFW) to prevent network attacks. DPR can be used to purchase Deeper nodes as cloud firewalls, hiding IP addresses and protecting against various network attacks. DPR is also used for AtomOS updates, threat database updates, and security subscription services. Users can earn DPR tokens by contributing to network security, such as discovering and reporting malicious behaviors.
- Decentralized Gateway Services and dAPP Store: Deeper Network is a platform provider for decentralized apps. DPR can be used to publish ads without involving third parties and as a means of payment for services within the dAPP ecosystem.
- Decentralized Web Services: DPR can be used to purchase decentralized domain names on the Deeper Chain, ensuring complete ownership and eliminating the need for third-party certification authorities. DPR can also be obtained by becoming resource providers on Deeper's decentralized CDN network for faster edge access to cached content.
Answers
Who is backing Deeper Network?
Deeper Network is backed by Parity, AU21, Digital Renaissance, Master Ventures, Brilliance Ventures, Loopring, SevenX Ventures, UVA, YOUBI Capital, GOBI Partners, CANDAQ, Blocksync Ventures, Republic, ChinaPolka, Titan Ventures, Consensus Lab, Spark Digital Capital and BMW Capital.
Deeper Network also has partnerships with Polkadot, Best Buy, Amazon, Indiegogo, PAID Ignition, Duckstarter, Poolz and Flybit.
What is DPR?
DPR is Deeper Network's native token. It is gas for the Deeper Network ecosystem. DPRs value is derived from the users usage of decentralized services and applications on the network, as well as the incentivization of the network's staking and mining rewards. This creates a self-sustaining decentralized economy, however with further planned development of creating interoperability with other ecosystems, DPR will become useful across different ecosystems. The total supply of DPR is capped at 10 billion with 60% of that reserved as mining rewards for users of the Deeper Network.
What are DPR's Use Cases?
- Decentralized Private Network - P2P Bandwidth Sharing: DPR tokens can be earned and spent via sharing or consuming bandwidth on the network. Traditional P2P network models lack effective economic incentives, which leads to an imbalance between bandwidth usage and bandwidth consumption in practice. Compared to traditional P2P networks, DPR incentivizes users to actively contribute bandwidth to the network thus making the overall network more robust and performant for everyone.
- Decentralized Cyber Security Services: Each Deeper node is a next-generation firewall (NGFW) serving to prevent network attacks via network scanning, overflow attacks, injection attacks and denial of service attacks. DPR can be used to purchase Deeper nodes on-demand as a cloud firewall to hide their IP address and prevent various network attacks. Websites can be hosted on the Deeper Network infrastructure without needing to worry about being scanned, blocked, or attacked. DPR can also be used for AtomOS updates (Deeper Network's lock-free network operating system), threat database updates, and security subscription services. There are also ways to earn DPR tokens. Users can earn DPR for contributions to network security, such as discovering and reporting malicious behaviors on the network.
- Decentralized Gateway Services and dAPP Store: Deeper is a platform provider for decentralized apps. Just like Apples ecosystem and AppStore lead everyone into the mobile Internet, Deeper Network seeks to introduce and lead everyone into Web3.0. Deeper Network's D-Ad ecosystem, users will be able to use DPR to publish ads without involving third parties. In the dAPP ecosystem, third-party developers need to stake a certain amount of DPR tokens to have their dAPPs hosted within the Deeper ecosystem. At the same time, third-party dAPPs must be able to accept DPR as a means of payment for services.
- Decentralized Web Services: Decentralized DNS help to make the Internet more democratic and prevent the open internet from being controlled or censored. DPR can be used to purchase decentralized domain names anonymously on the Deeper Chain. Domain owners will have complete ownership over it instead of leasing it through ICANN. Domain owners can also use DPR to obtain their own cryptographic keys for digital signatures, essentially eliminating the need for third-party CAs. DPR can be obtained for becoming resource providers on Deepers decentralized CDN network for providing faster edge access to cached content.
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