Novel Cryptocurrency for High Usability
DionCoin has been proposed and demonstrated as a cryptocurrency in order to increase the liquidity of real utilization of cryptocurrency. In order to achieve this purpose, DionCoin has been introduced a combination concept between real economic model and cryptocurrency ecosystems. By using this concept, DionCoin is used for the existing point systems which are mileage and online game points. Dionpay team, which developed DionCoin, has created a novel combination ecosystem between the existing mileage marketing strategies and the cryptocurrency exchange market (Patent application number 10-2019-0003350 (METHOD FOR PROVIDING MILEAGE USING CRYPTOCURRENCY). The liquidity of the real DionCoin utilization can be automatically generated by mileage distribution enterprise and customers using mileages in the developed ecosystem. Dionpay company have made an investment of about 28 million USD, from EXTIME which is Japanese mileage distribution company. In terms of traditional marketing strategy, DionCoin can prevent not only the mileages extinction of users but also debts caused by mileage accounting of enterprises, respectively. In terms of blockchain industries, DionCoin can share users of mileage as users of blockchain. Therefore, DionCoin can be considered as the first cryptocurrency mileage based on the blockchain. DionCoin is going to be connected with a hybrid crypto game portal platform playDion, which provides a variety of games. Unlike, other online games, users not only can keep safe their assets by holding DionCoin but also can create profits though playing games and, supporting players and developers. The proposed portal platform is operated by using centralized systems, but game points, which is DionCoin, is managed by decentralized systems. DionCoin wallet will be connected to playDion in order to transfer DionCoin among users on the proposed portal. Dionpay will develop and distribute games. Developers can also submit to their games on the proposed portal and they will earn DionCoin from the proposed portal like google store and app store with less fee of using portal. Meanwhile, in terms of technology, the developed DionCoin uses EOS main net, which provides the fastest TPS (TPS record: about 4800), zero transaction fee and the highest program language compatibility. Dionpay team have developed own web wallet for DionCoin with KYC process.