CFP: Deepcoin.com listing (11000 DFI)

[DEFICHAINFAN]

Overview

1. Requester(s): [Benjamin OBM on behalf of Deepcoin.com @defichainfan]
2. Amount requested in DFI: [11000 DFI]
3. Receiving address: [df1q60kqs98ww9ra7fs4d0u6ul4t7jhd9rw3vuxjrf]
4. Reddit discussion thread: [https://www.reddit.com/r/defiblockchain/comments/wpo6nd/cfp_deepcoincom_listing_11000_dfi/]
5. Proposal fee (10 DFI) txid: [083c6e191d2a29b5a192f9ed071ad2b684cd42f9ec8f252743ecf35362605236]

Describe the purpose

Dear community,

Aiming to the mass-adoption of DFI, Deepcoin.com, a leading Asian exchange is willing to list DFI (ERC20 version), so enabling market-making for DFI on its platform, which has more than 1 million registered users in nearly 30 countries, with a cumulative trading volume of more than US $1 trillion. Deepcoin is also a leader in compliance with two major global licenses in the United States MSB, and Canada MSB and it’s operating since 2018. Deepcoin supports dozens of fiat currency deposit methods from around the world, where users can directly purchase BTC, ETH, or USDT Tether, and trade over 100 cryptocurrencies. It also provides 24/7-hour multi lingual customer support. More about Deepcoin: https://coinmarketcap.com/exchanges/deepcoin/

How will the fund be spent?

The funds will be spent on the deployment of the pair DFI-USDT on Deepcoin’s market-maker platform, which can be done once the proposal is validated.

How does this CFP benefit the DeFiChain community?

The community will benefit immediately and in the long-term by this CFP:

• By the enlargement of on and off ramp possibilities for existing DFI holders.
• By opening the gates of another market, thus increasing volume and potentially DFI’s market cap.
• By increasing the intrinsic value of DFI by network effect/visibility, which in turn will foster adoption/value/new services and DFI’s credibility.