Decrypt (DCPT)

Basics

• Based in:
• Started in / Announced on:
• Mainnet release: 18-3-2021
• Crypto news website funded by Consensys.

Token

Launch

• The news site said it had worked two years on the token (18-3-2021).

Utility

• From their announcement (18-3-2012):

"This isn't an ICO or a fundraise. The Decrypt Token (DCPT) isn't exchangeable for money or for other cryptocurrencies. The token is our way of participating in the decentralized industry we cover, and experimenting with how cryptocurrency can spur reader engagement."

Technology

• Whitepaper can be found [insert here].
• Code can be viewed [insert here].

Implementations

• Built on: Walrus (10-10-2024).

How it works

• From their announcement (18-3-2012):

"You earn DCPT for reading Decrypt articles, sharing them with a friend, and reacting to them, all inside our mobile app. Think of Decrypt Tokens as frequent reader miles—without relying on trusting third parties. You download the Decrypt app, set up a free wallet, and earn tokens as you engage with our content. That's it. There’s no 24-word seed phrase to memorize, four-hour transaction wait times, or overwhelming acronyms and jargon."

Roadmap

• Can be found [Insert link here].

Audits

• Bug bounty program can be found [insert here].

Competition

CoinDesk, Bitcoin.com, Coin Potato and other crypto media outlets.

Team, Funding, Partnerships, etc.

Team

• Full team can be found [here].

Funding

• Probably got a grant or funding from Sui, as it moved from IPFS (a product y previous investor Protocol Labs) to Walrus (10-10-2024).
• Crypto news website funded by Consensys.
• Has 22 investors (28-6-2022):

Nexo, Hashkey Capital, IOSG Ventures, Mask.io, Protocol Labs, Alex Bamberger, William Mougayar and more.

Partners

• Has a partnership with Filecoin (18-3-2021).

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