The Future of Dypius: DYP Token Migration, World of Dypians Public Launch, and More!

In a recent Twitter Space, Dypius discussed its upcoming developments with a focus on the DYP token migration, the public launch of World of Dypians, the highly anticipated mobile app, and more. The event featured key speakers, including Mihai, CEO of Dypius, Teki, COO, and Gazmend, PM, who provided insights into the project’s past achievements and future ambitions.

Dypius: A Journey of Innovation and Growth

Gazmend, the host of the Twitter Space, began by highlighting Dypius’s journey, which started over four years ago. Initially focusing on DeFi solutions like Staking, Farming, and Vault, Dypius quickly gained traction, rewarding users with over $50 million in ETH, BNB, and AVAX. The project then expanded into NFTs with collections like CAWS and Genesis Lands before venturing into the gaming and metaverse space with World of Dypians, currently in closed beta with over 100,000 daily active users on the Epic Games store.

Founding Vision and Project Overview

When asked about the project’s founding vision, Mihai shared his journey into crypto in 2017, eventually leading to the creation of Dypius in 2018. He emphasized the project’s evolution from offering mining rig services to exploring DeFi protocols like Uniswap and yield farming, which culminated in the creation of DeFi Yield Protocol. Mihai expressed excitement about Dypius’s ecosystem and community, highlighting the project’s commitment to transparency and continuous improvement.

During the session, the team addressed the top 10 community questions, providing valuable insights into the project’s progress and future plans. Questions ranged from the DYP token migration process to the launch of the mobile app and the development stages of World of Dypians. Mihai and Teki shared updates on these topics, emphasizing the project’s commitment to delivering a seamless user experience and expanding its ecosystem.

Q1. Can you elaborate more on the Migration process that started in November last year?

Mihai answer: The migration process that started in November last year has been a significant undertaking for us at Dypius. One of the most common questions we receive, especially on Twitter, is about the migration to Coinbase. While we’ve informed Coinbase about the migration a year in advance and have maintained constant communication with them, we’re still waiting for their announcement regarding the migration timeline. It’s important to note that only Coinbase can provide a deadline for the migration on their platform.Regarding user sentiments about old and new DYP tokens, it’s important to understand that both versions of the tokens are part of our ecosystem until the migration is completed. Currently, more than 70% of the tokens have been successfully migrated, which is a significant milestone considering the complexity of the process.

The migration was necessary to improve our ecosystem, especially the bridge and token contract. The initial bridge was unable to mint and burn tokens, leading to a depeg between the ERC20 and BEP20 versions of the token on different exchanges. Despite efforts to resolve this issue, including working with market makers and offering incentives to users, a new, improved version of the token and bridge contracts was needed.While the technical aspects of the migration were relatively straightforward, coordinating with exchanges, partners, and other parties involved was challenging. However, with the support of our partners and a focus on transparency and security, we successfully completed the migration process. All our new smart contracts have been audited by Certik and Peckshield, ensuring the security of our ecosystem.

Overall, the migration process has been a crucial step in improving our ecosystem and ensuring the long-term sustainability of Dypius. We appreciate the support and understanding of our community throughout this process.

Q2. When will the Mobile App be launched and what do we expect to be included?

Mihai answer: The mobile app for Dypius is 100% ready and there is no delay from our side. However, we’ve experienced some delays related to the launch of new products with our partners. Sometimes, waiting for just one confirmation from a partner can take up to 2 weeks due to various factors like legal teams and different departments involved.

One important aspect of our mobile app development is the integration with Unity SDK for Metamask. This integration ensures that we do not save any user data, prioritizing user privacy and security. By using the Unity SDK for Metamask, we can provide a seamless and secure experience for our users, allowing them to interact with the blockchain without compromising their privacy.

The mobile app will be a crucial part of Dypius’s ecosystem, serving as the foundation for World of Dypians and future projects like OpenFlux. It will offer features related to both Dypius and World of Dypians, providing users with a seamless experience across platforms.The launch of the mobile app will follow a specific sequence:

• Firstly, it will be available for download from our website.
• Secondly, it will be accessible for download from Google Play.
• Finally, users will be able to download it from the Apple Store.

We are aiming for a smooth launch to enhance user experience. As for the exact launch date, it will be announced soon. We recommend following our official channels to stay updated and not miss the launch.

Q3. At what stage currently the game is? When is it planned for the public launch?

Mihai answer: World of Dypians is currently in a closed beta version and has been available on the Epic Games store since December of last year. We are happy to have more than 100,000 daily active users already enjoying the game. World of Dypians is available on various blockchains, including Ethereum, BNB Chain, opBNB, Base, Avalanche, SKALE, and Conflux, with plans to expand to more chains in the future.

In terms of partnerships, we have established collaborations with great names such as CoinMarketCap, CoinGecko, BNB Chain, Baby Doge, SKALE, Gate, MEXC Global, Avalanche, Easy2Stake, Conflux Network, Coin98, Chainlink, and Simplicity Group. These partnerships are instrumental in expanding the reach and features of the World of Dypians.

There are numerous ongoing developments at different stages related to the game. We are happy to share more videos and images showcasing these developments in the coming weeks. As for the public launch, we are aiming to launch the game publicly this quarter. However, it’s important to note that even after the public launch, there will be continuous updates and additions to enhance the game further. Building a quality game like World of Dypians takes time, and we are committed to delivering the best possible experience to our players.

Q4. As far as I know the game is being built on Unity engine, what are the chances we move to Unreal engine in the future?

Gazmend answer: Our decision to build World of Dypians on the Unity engine was carefully considered after conducting thorough market research. We aimed to make the game accessible to a broad audience, including mid-end users, to ensure that everyone can enjoy the game without needing a high-performance PC.

Our focus on inclusivity extends to our broader goal of introducing more people to the world of cryptocurrency. By providing a seamless bridge from web2 to web3, we are making it easier for newcomers to enter the crypto space and experience the benefits it offers.

While Unreal Engine is renowned for its capabilities, it is often associated with high-end users and requires more powerful devices. By opting for Unity, we are prioritizing accessibility and ensuring that World of Dypians can be enjoyed by a wide range of players, regardless of their PC specifications. This decision aligns with our vision of creating a welcoming and inclusive gaming experience that brings the benefits of blockchain technology to a broader audience.

Q5. When will we see more upgrades on the Genesis lands? For example: Sandbox mode and other features. How will Genesis land be connected to the main world, what concept is in the team’s observation? Asking this because the land layout is the same for all the lands at the moment.

Teki answer: We’re really excited about the future of Genesis lands in the World of Dypians. These lands are going to be much more than just static areas; they’ll be dynamic, evolving spaces where players can truly make their mark.

We’re planning to introduce upgrades and new features to Genesis lands, such as the highly anticipated Sandbox mode. This mode will allow landowners to customize their lands according to their vision, adding unique buildings, landscapes, and other elements. We’re aiming to have Sandbox mode and other features available by the end of the year, giving players the tools they need to create truly unique and personalized spaces.

One of the key aspects of lands is their integration with the main world. We’re working on creating a seamless connection between these lands and the rest of the game world. This means that players will be able to explore other players’ lands, attend events, and interact with each other in this vibrant virtual world. Each land will have its own distinct environment and layout, offering players a wide variety of experiences as they explore the game world.

In summary, Genesis lands are going to be hubs of creativity and activity in the game. With the introduction of Sandbox mode and other upgrades, players will have the opportunity to build and develop their lands in unique and exciting ways, creating a dynamic and immersive experience for all players.

Q6. Staking pools for Genesis land and Caws nft together have expired. Will the staking pools for Genesis Land be reopened?

Mihai answer: We understand the importance of providing value to our premium subscribers, which is why we are reopening a new staking pool specifically for Genesis landowners, exclusively for premium subscribers. This new staking pool will offer additional benefits and rewards, tailored to enhance the experience for our premium subscribers.

Our commitment to our premium subscribers extends beyond just staking pools. We are continuously working on introducing new features and benefits to ensure that our premium subscribers have a unique and rewarding experience within the World of Dypians ecosystem.

As we move forward, premium subscribers can expect even more benefits and exclusive opportunities that further enhance their participation in the World of Dypians. We are dedicated to providing the best possible experience for our premium subscribers and look forward to sharing more exciting updates with them in the near future.

Q7. Can you explain a little about what you are looking for in a partnership when trying to find projects/companies out there? Any teasers for upcoming partnerships?

Mihai answer: When seeking partnerships, we prioritize projects with a strong community and product, along with good metrics, that align with our ecosystem vision. Whether it’s a GameFi, DeFi, NFT, or even a Web2 project, we are open to collaborations that enhance our ecosystem without any limiting factors.

While all our partnerships so far have been initiated by other projects contacting us, we are excited to announce some significant partnerships in the next two months. These partnerships are already in progress, and we have signed agreements with them. Stay tuned and follow our official channels for updates.

Upcoming partnerships include CORE, VICTION, Immutable, and MultiversX. These collaborations are part of our ongoing efforts to expand our ecosystem and bring more value to our community.

Q8. How many people are working on WOD only? Any plans to launch remaining lands?

Teki answer: We have a dedicated team of over 20 people working exclusively on World of Dypians, and we plan to expand this team further throughout the year. In total, we currently have 32 people working across the entire Dypius ecosystem.

As for the remaining lands in World of Dypians, they will be launched, but the timing depends on various factors such as game development progress, the public launch, and other considerations. We aim to find the right moment to introduce these new lands to ensure they enhance the overall game experience. Regarding the Genesis lands, the plan is to make features like the Sandbox mode available for all lands by the end of the year. This will allow landowners to customize their land according to their vision, adding a new level of creativity and personalization to the game.

The Genesis lands will be seamlessly connected to the main world, creating a vast and interconnected game world. Players will be able to visit other landowners for events or explore different areas within the game. World of Dypians is already the biggest metaverse ever built, and with ongoing improvements and additions, it will continue to evolve. The possibilities for expansion and enhancement are endless, ensuring that the game remains engaging and exciting for players for years to come.

Q9. Will we have a burn token for $dyp? What is our next step for $idyp ? Will we have more use cases? As I know both tokens are very important for our ecosystem.

Mihai answer: Regarding DYP, our governance token, there are currently no plans for future burns. DYP plays a vital role in our ecosystem, serving as the governance token that allows holders to participate in key decision-making processes. While there are no burn plans for DYP, its utility and value continue to grow as we expand our ecosystem.

On the other hand, iDYP, which is used in smart contract strategies, especially for rewards, may undergo burns when the current farming pool expires. These burns help maintain the balance and efficiency of the ecosystem, ensuring that iDYP remains a valuable asset for users. Looking ahead, we are exploring additional use cases for DYP across all products built by Dypius. These use cases will further enhance the utility and value of DYP, making it an integral part of our ecosystem. As we continue to innovate and expand, both DYP and iDYP will play crucial roles in driving the success of Dypius and providing value to our community.

Q10. Can you provide more information about the Addition of Game Currency that should come this quarter? What are the benefits? When should we expect the launch?

Mihai answer: The addition of a game currency for World of Dypians is a significant development that is expected to be implemented this quarter. This in-game currency will serve as the primary economic unit within the game’s blockchain-based ecosystem.

The need for a dedicated in-game currency arises from the unique requirements of World of Dypians. As a large metaverse game, it requires its own currency to facilitate rewards for users, attract investors, and support various in-game activities. But why we cannot use DYP or any other coins like BNB? As DYP and BNB are being used as a utility now, having a dedicated in-game currency offers several advantages, including a more streamlined economy within the game and greater flexibility in designing game mechanics. DYP token will continue to have utility in World of Dypians ecosystem. As for the launch date, while an exact deadline has not been set, progress is underway, with significant interest from venture capital investors and upcoming partnerships with major web3 projects. These developments indicate a strong possibility of the currency being launched within this quarter.

It’s important for World of Dypians users to remain active, as there will likely be rewards and incentives tied to the launch of the new in-game currency. Additionally, a major announcement related to this development is expected to be released in the coming days, providing further details and insights into this exciting new feature.

Upcoming Developments and Partnerships
Mihai also hinted at exciting partnerships and developments on the horizon, including the launch of an in-game currency for World of Dypians, aimed at enhancing the game’s economy and user engagement. He highlighted the importance of this currency for attracting investors and fueling the platform’s growth. With a strong focus on utility and innovation, Dypius is poised to redefine the gaming and metaverse landscape.

In reality, Dypius is much more than a DeFi project; it’s a complete ecosystem that began as a yield farming project and now offers multiple DeFi solutions, analytics tools, NFTs, and serves as the foundation for World of Dypians, which is the largest metaverse ever built and the future home of millions of users.

It’s important to understand that while World of Dypians is incubated by Dypius, it is a separate project. In addition to the multiple NFT collections launched by Dypius, there is also another project on the horizon expected to launch this year: OpenFlux. OpenFlux will be the first dedicated NFT marketplace from Conflux Network, and it’s important to note that Conflux is the only regulatory-compliant blockchain in China with an indigenous Chinese team. The partnership with Conflux for World of Dypians led to the creation of OpenFlux, and with their full support, it presents a significant opportunity for the entire Dypius ecosystem.

OpenFlux is backed by Dypius, Conflux Network, and other top-tier projects from Conflux. More details will be shared when the launch takes place, and all of these partners are fully committed to its success.

It’s crucial for users to understand that Dypius is more than just a DeFi project. It is the foundation of the largest metaverse project and the first and only NFT marketplace dedicated to the largest and only regulatory-compliant blockchain in China.

The Twitter Space event provided a full overview of Dypius’s journey, highlighting its achievements, ongoing developments, and future ambitions. With a dedicated team and a vibrant community, Dypius is set to revolutionize the blockchain space, offering innovative solutions and immersive experiences for users worldwide.

About Dypius

Dypius is a powerful, decentralized ecosystem with a focus on scalability, security, and global adoption through next-gen infrastructure. We offer a variety of products and services that cater to both beginners and advanced users in the crypto space including DeFi solutions, analytical tools, NFTs, Metaverse and more!

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