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        <title><![CDATA[Stories by DeCredit on Medium]]></title>
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            <title>Stories by DeCredit on Medium</title>
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            <title><![CDATA[RECAP| UPDEFI X METALINE  AMA, 27 Apr, 2022]]></title>
            <link>https://decredit.medium.com/recap-updefi-x-metaline-ama-27-apr-2022-62090838b397?source=rss-30284b956f19------2</link>
            <guid isPermaLink="false">https://medium.com/p/62090838b397</guid>
            <dc:creator><![CDATA[DeCredit]]></dc:creator>
            <pubDate>Wed, 27 Apr 2022 12:34:11 GMT</pubDate>
            <atom:updated>2022-04-27T12:34:11.861Z</atom:updated>
            <content:encoded><![CDATA[<h3>RECAP| UPDEFI X METALINE AMA, 27 Apr, 2022</h3><figure><img alt="" src="https://cdn-images-1.medium.com/max/680/0*qiejPMAzLn7fkX3t" /></figure><p><strong>Introduction — Segment I</strong></p><p>— -</p><p><strong>[Host1] </strong>Here we go!</p><p><strong>[Host1] </strong>Today with us we have metaline</p><p><strong>[Host1] </strong>Welcome, @Yah Can you start by giving us an overview of Metaline and your role on the team?</p><p><strong>[speaker(s)]</strong></p><p>MetaLine is a metaverse game with a medieval nautical theme as the background. The game has three systems of production, trade, and war. The game contains multiple ports, where production and trade can be opened, and a floating price system is added. Different ports and different times have different price levels. A variety of game play, rich game system Players can freely customize the game plan according to their own time, investment and so on. MetaLine is committed to bringing stable benefits to users while ensuring high game playability.</p><p>Personally, I am the community and business manager of Metaline. I have many years of operating experience. Some of the projects I have worked on have gone to the first-tier companies, such as okex and huobi.</p><p><strong>[Host1] </strong>We are glad to have you here with us today. Let’s start with a few questions before we go into the live questions sessions.</p><p>— -</p><p><strong>AMA — Segment II</strong></p><p>— -</p><h3>You are free to add/edit/remove questions and answers content</h3><h3>[Required] Could you tell us more about Metaline? In other words, what does Metaline do?</h3><p>Speaking of metaline, we have to first introduce the main product of the team, Decredit<strong>。DeCredit ecosystem has currently planned four types of products, Oracle, Defi, Gamefi and Socialfi</strong></p><h3>As the main product of the ecosystem, oracles affect the development of the entire ecosystem. DeCredit is a decentralized oracle ecosystem focusing on WEB3.0. It is a safe and cost-effective solution. Providing traditional API services, unlike Chainlink, DeCredit oracles extend blockchain by connecting smart contracts to real-world data, events, payment systems, and off-chain computing resources, while guaranteeing tamper resistance and reliability function.</h3><h3>OpenDefi is the second product in the ecosystem. Although it is not as good as other Defi products and how high TVL is, it has verified the feasibility of the DeCredit oracle.</h3><h3>Metaline is our third product that we are currently working on. In the Mateline game, DeCredit provides two oracle services: • Credit pledge: DeCredit provides off-chain credit ratings for on-chain players in the MetaLine game ecosystem, and players can lower their pledges Proportion, get a certain game reward. • True random numbers: DeCredit VFR provides true random numbers for MetaLine. This further verifies the practicability of the oracle machine, and at the same time we have a gameplay that is different from other projects, which will be discussed later.</h3><h3>Social is the product we plan to launch in the future, and SocialFi is a hybrid product of “social” + “finance”. It captures the social value of users by tokenizing social influence. The DeCredit oracle can inject trusted off-chain data into SocialFi, improving</h3><h3>SocialFi self-consistent economic system.</h3><h3>In the future, we will also launch DAO to hand over governance rights to the community and realize web3.</h3><h3>[Required] There are many similar projects out there, some have been quite successful, such as BNX, etc. What is special about Metaline compared to other projects?</h3><p>One of the most important concepts in the Gamefi project is play-to-earn. This method or form has appeared in the earliest online games in China. Such as Stone Age, Legend, Marvel, World of Warcraft. Even in order to ensure the security of player transactions (the transaction between virtual items and legal currency), the largest virtual item trading platform in China — 5173 was born. Among the many games in the last year, I think Thetan is more successful, because he is not only play-to-earn, but also play-to-fun. With some big game companies entering the web3 field, I believe there will be more in the future. When a good gamefi comes out, Metaline, as a strategy game, is also the entrance for users to enter web3. NFTs holding Metaline have the following rights:</p><p>1. Before the game is launched, users can participate in NFT pledge to obtain the ecological token $CDTC.</p><p>2.NFTs are sold in limited quantities and are scarce. We plan to sell xxxx in the first phase, which has high liquidity in the secondary market.</p><p>3.NFT holders can obtain voting rights and participate in the game ecological governance.</p><p>4.A part of the $CDTC used in the upgrade of NFT will be destroyed to deflate CDTC, thereby increasing the value of NFT and CDTC</p><p>MetaLine is different from the simplicity and rudeness of other chain games, the temptation of high interest rates, and the limitation of life cycle. MetaLine differentiates itself from most GameFi products on the market through playability, sustainability, ecological development, and unique tokens.</p><p>Our gameplay will be mentioned later, the game is restored according to the Google map 1:1, bringing players a super restored game experience.</p><p><strong>[Host1] </strong>Remember to check out the following social media and website:</p><p>🌐 Website: <a href="https://www.metaline.games/#/">https://www.metaline.games/#/</a></p><p>🐦Twitter: <a href="https://twitter.com/Metaline001">https://twitter.com/Metaline001</a></p><p>🔥 Discord：https://discord.gg/92pA6FeV:</p><h3>[Optional] Can you speak to us about your decision to build on BSC?</h3><p>As the official blockchain of Binance, I think bsc has infinite possibilities. We believe that bsc has the following advantages: low gas, high security, many users, and many gamefi with good data on bsc and achievements, at the same time as a gamefi, there is a huge demand for interaction, bsc can reduce the handling fee used by users</p><h3>[Optional] Great, could you give us some info on the Meatline Token?</h3><p>CDTC issued a total of 300 million coins, the distribution is as follows</p><p>Ecosystem development:</p><p>20% of the total amount (that is, 60 million CDTCs) supports the ecological development of the oracle machine and provides ecological support for the ecological development and application of the oracle machine.</p><p>Staking and yield farming:</p><p>25% of the total (ie 75 million CDTC), node pledge and liquidity mining.</p><p>Marketing and community Treasury:</p><p>15% of the total amount (ie, 45 million CDTC), market and community governance, used for community building, DAO, brand building, and node incentives.</p><p>Team/Advisors/Employees:</p><p>20% of the total amount (that is, 60 million CDTCs) is suitable for early investors of team advisors and early ecological supporters.</p><p>Token Sale</p><p>20% of the total amount (ie 60 million CDTCs)</p><h3>[Optional] We have also noticed that the essence of many gamefi is fi rather than the game itself, so does Metaline develop its own games, and how should players use the products?</h3><p>Yes, we are developing our own game, the game will be officially launched after the sale of the blind box, the gameplay is as follows: (previously made renderings). There are many interesting points in the game;</p><p>Production: Each port specialty. By staking CDTC to start production tasks, the production speed and income of different goods are different. Try different combinations of production tasks. After the production is successful, you can choose to open the nautical trade, sell it to other ports, or sell it to port players through SWAP.</p><p>Trade: Select merchant ships, which can be obtained by purchasing NFTs, building ships, and upgrading ships. After the goods and merchant ships are in place, the transportation trade can be started by selecting the destination port. Different goods have different prices in different ports, and players need to find potential business opportunities by themselves. After arriving at the port, sell the goods for gold coins.</p><p>NFT system: NFT hero, NFT ship, NFT has five qualities of N, R, SR, SSR, UR, the higher the quality, the stronger the ability. By using NFT, players can greatly improve the efficiency of production and trade. NFTs are sold through blind boxes or the official NFTmarket.</p><p>Shipbuilding system: When players do not purchase NFT ships, they can obtain merchant ships through shipbuilding. Merchant ships will need certain raw materials. After collecting the raw materials, the construction of merchant ships can be completed.</p><p>Business alliances (guilds/communities/KOLs): Establish business alliances and recruit players. Business alliances have exclusive BUFF attributes, and will also open various business alliance activities from time to time, such as port auctions, arenas, etc. Through the activities, the business alliance can obtain a lot of income, and the leader can distribute the corresponding income to other members in the business alliance to share the income.</p><p>Transaction: Players can buy and sell goods through SWAP, and SWAP supports game gold coins and CDTC for settlement. In-game transport goods can only be obtained through production and SWAP.</p><p>Bank: Exchange gold coins into CDTC, update it at 24:00 every day, calculate the amount of CDTC exchanged according to the daily exchange volume and the number of exchange people, and put the CDTC into the user’s wallet.</p><p>In the first stage, we will sell the first batch of Genesis Blind Boxes. All NFTs are hero cards. The hero level ranges from R-SR and will never be issued.</p><p>In the second stage, we will sell the second batch of blind boxes, NFTs are all battleship cards</p><p>The third phase will launch as many as dozens of commodities for players to trade, and will also conduct private and public port auctions at the same time.</p><p>The fourth stage will open pve for players to compete.</p><p>Players can match their own strategies according to their own strategies and choose the most profitable way to play the game.</p><h3>[Required] How does your project guarantee users’ asset safety?</h3><p>Yes, I think our security is very good. All our code is open source. In addition, we have sent the game code to Certik for audit. After the audit, the security of users’ assets will be better guaranteed.</p><p>END HERE</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=62090838b397" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[DeCredit Monthly Report (March, 2022)]]></title>
            <link>https://decredit.medium.com/decredit-monthly-report-march-2022-1c5c364db775?source=rss-30284b956f19------2</link>
            <guid isPermaLink="false">https://medium.com/p/1c5c364db775</guid>
            <category><![CDATA[nft]]></category>
            <category><![CDATA[web3]]></category>
            <category><![CDATA[gamefi]]></category>
            <category><![CDATA[decredit]]></category>
            <category><![CDATA[p2e]]></category>
            <dc:creator><![CDATA[DeCredit]]></dc:creator>
            <pubDate>Fri, 01 Apr 2022 07:32:43 GMT</pubDate>
            <atom:updated>2022-04-01T07:32:43.480Z</atom:updated>
            <content:encoded><![CDATA[<h3>DeCredit Monthly Report</h3><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*lVe6dsNN_6NgJGJjyatFxw.jpeg" /></figure><p><strong>Dear community members,</strong></p><p>Time flies. In March, we focused on the development of Gamefi and the promotion of the new brand matrix.</p><h3>Product &amp; Tech：</h3><p><strong>MetaLine</strong></p><p><strong>1.The marketplace page of the official website is launched.</strong></p><p><a href="https://www.metaline.games/#/market">MetaLine</a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/808/1*fZu2uc3NQLFIe-6mz3rLsA.png" /></figure><p><strong>2. The mystery box function has been developed and entered the testing phase.</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/831/1*fqLhppQONxvNAqp_Q65myA.png" /></figure><p><strong>3. NFT staking pool is under development.</strong></p><p><strong>Marketing &amp; Operation:</strong></p><p><strong>1.</strong><a href="https://twitter.com/hashtag/DeCredit?src=hashtag_click"><strong>DeCredit</strong></a><strong> is pleased to announce the official partnership with</strong><a href="https://twitter.com/SupraOracles"><strong> SupraOracles</strong></a><strong>.</strong></p><p><strong>2. A total of 3,805,600 CDTCs are currently staked on OpenDeFi.</strong></p><p><strong>3. Telegram &amp; Twitter &amp; Discord</strong></p><p>The total number of Telegram Community Members remains at <strong>49K.</strong></p><p>The total number of Twitter followers remains at <strong>64K.</strong></p><p>The total number of Discord Community Members remains at <strong>2.8K.</strong></p><p><strong>4. DeCredit English community admins are available for any issue &amp; support 7*24.</strong></p><p><strong>Stay Tune with DeCredit for more:</strong></p><p><a href="https://twitter.com/DeCredit001"><em>Twitter</em></a><em>|</em><a href="https://t.me/DeCreditenglish"><em>Telegram（English）</em></a><em>|</em><a href="https://decredit.io/"><em>Official Website</em></a><em>|</em><a href="https://discord.gg/XVrVD29HyC"><em>D</em>iscord</a><em>|</em><a href="https://t.me/DeCreditKorea"><em>Telegram（Korean）</em></a><em>|</em><a href="https://t.me/DeCreditNews"><em>Telegram Channel</em></a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=1c5c364db775" width="1" height="1" alt="">]]></content:encoded>
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        <item>
            <title><![CDATA[DeCredit Monthly Report (February, 2022)]]></title>
            <link>https://decredit.medium.com/decredit-monthly-report-february-2022-abc5a7b8083e?source=rss-30284b956f19------2</link>
            <guid isPermaLink="false">https://medium.com/p/abc5a7b8083e</guid>
            <category><![CDATA[report]]></category>
            <category><![CDATA[decredit]]></category>
            <category><![CDATA[credit]]></category>
            <category><![CDATA[web3]]></category>
            <category><![CDATA[oracle]]></category>
            <dc:creator><![CDATA[DeCredit]]></dc:creator>
            <pubDate>Tue, 01 Mar 2022 10:00:06 GMT</pubDate>
            <atom:updated>2022-03-01T10:00:06.565Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*2U4G1gsCaxER7NvlecEg5Q.jpeg" /></figure><h3>DeCredit Monthly Report</h3><p>Dear community members,</p><p>Time flies. In Feb, we focused on the development of Gamefi and the promotion of the new brand matrix.</p><p><strong>Product&amp;Tech</strong></p><p><strong>MetaLine</strong></p><ol><li><strong>The marketplace page of the official website is launched.</strong></li></ol><p><a href="https://www.metaline.games/#/market"><strong>https://www.metaline.games/#/market</strong></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*1tInr24DMhwDEK4h" /></figure><p>2<strong>. NFT Heroes have completed character design.</strong></p><p>3<strong>. SocialFi is in the production planning stage.</strong></p><p><strong>Marketing &amp; Operation:</strong></p><ol><li><strong>The press release about DeCredit has been issued on Blocknomi.</strong></li></ol><p><a href="https://blockonomi.com/decredit-credit-oracle-for-bridging-credit-to-the-blockchain-world/"><strong>https://blockonomi.com/decredit-credit-oracle-for-bridging-credit-to-the-blockchain-world/</strong></a></p><p>2<strong>. The press release about DeCredit has been issued on Blocknomi.</strong></p><p><a href="https://www.coinspeaker.com/decredit-building-the-worlds-leading-credit-oracle-to-empower-web3/"><strong>https://www.coinspeaker.com/decredit-building-the-worlds-leading-credit-oracle-to-empower-web3/</strong></a></p><p>3<strong>. Partnership negotiations with SupraOracles have been completed.</strong></p><p>4<strong>. A total of 3,721,242 CDTCs are currently staked on OpenDeFi.</strong></p><p>5<strong>. Telegram &amp; Twitter</strong></p><p>The total number of Telegram Community Members remains at 54K.</p><p>The total number of Twitter followers remains at 65K.</p><p>6<strong>. DeCredit English community admins are available for any issue &amp; support 7*24.</strong></p><p><strong>Stay Tune with DeCredit for more:</strong></p><p><a href="https://twitter.com/DeCredit001">Twitte</a>r|<a href="https://t.me/DeCreditenglish">Telegram（English）</a>|<a href="https://decredit.io/">Official Website</a>|<a href="https://t.me/DeCreditKorea">Telegram（Korean）</a>|<a href="https://t.me/DeCreditNews">Telegram Channel</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=abc5a7b8083e" width="1" height="1" alt="">]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[DeCredit partners with SupraOracles to empower Web3]]></title>
            <link>https://decredit.medium.com/decredit-partners-with-supraoracles-to-empower-web3-a03bb79f3257?source=rss-30284b956f19------2</link>
            <guid isPermaLink="false">https://medium.com/p/a03bb79f3257</guid>
            <category><![CDATA[credit]]></category>
            <category><![CDATA[web3]]></category>
            <category><![CDATA[cdtc]]></category>
            <category><![CDATA[oracle]]></category>
            <category><![CDATA[decredit]]></category>
            <dc:creator><![CDATA[DeCredit]]></dc:creator>
            <pubDate>Tue, 01 Mar 2022 09:19:52 GMT</pubDate>
            <atom:updated>2022-03-01T09:19:52.846Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*46lCIXw7sTm911rs089NNw.jpeg" /></figure><p><strong>DeCredit and SupraOracles have reached a strategic partnership. SupraOracles is a cross-chain oracle solution with five advantages: true decentralization, massive scalability, premium security, quick finality, and cross-chain interoperability.</strong></p><p><strong>SupraOracles strives to bridge the gap between real-world data and blockchain. It also provides a revolutionary oracle toolset to the developer community, allowing them to easily construct, deploy, and manage data applications with top-notch performance, agility, and robustness.</strong></p><p><strong>The SupraOracles team includes experts with experience in the architecture of consensus mechanisms, randomness research, investment banking, real-time data-driven services, traditional stock exchanges, digital securities, DeFi/DLT, Blockchain, and big 4 consultancies.</strong></p><p><strong>DeCredit is committed to becoming world-leading credit oracle, aiming to integrate off-chain credit data into the Web3 protocol, thereby forming a complete on-chain to off-chain credit data chain, allowing users to obtain ownership of their own data and truly gain the dominance of network identity rights.</strong></p><p><strong>DeCredit and SupraOracles aim to build a more comprehensive infrastructure to empower the Web3 ecosystem. DeCredit team’s extensive experience has led it to accumulate trusty credit algorithms. SupraOracles will aid in the integration of real-time data from APIs and databases into the Decredit. As part of this collaboration, SupraOracles and DeCredit will scale DeFi with the capacity to collect off-chain and cross-chain data.</strong></p><p><strong>Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:</strong></p><p><strong><em>“DeCredit is a credit oracle that connects the worlds of credit and blockchain. Our blockchain Oracle solutions have been shown to be extremely effective in balancing decentralization, scalability, security, and assurance. This is a superb partner to have as we continue to provide tools for developers and entrepreneurs who want to take their projects to the next level.”</em></strong></p><p><strong>Jack Hsu, CEO and Co-founder of DeCredit, commented:</strong></p><p><strong><em>Supra is an incredible project that improves efficiency and provides cross-chain interoperability. The SupraOracles team has spent more than three years on R&amp;D and simulations, a level of dedication rarely seen. We’re thrilled to partner with them!</em></strong></p><h3>About SupraOracles</h3><p><strong>SupraOracles connects the worlds of traditional financial markets and Web3. By providing a strong cross-chain oracle, we hope to empower the developer community. SupraOracles combines real-world data with public and private blockchains, enabling interoperable smart contracts to safeguard the future of financial markets. It also gives developers a toolbox for creating, deploying, and managing data applications that are faster, more agile, and more reliable.</strong></p><p><strong>Join the SupraOracles community:</strong></p><p><a href="https://supraoracles.com/"><strong>Website</strong></a><strong> | </strong><a href="https://twitter.com/SupraOracles"><strong>Twitter</strong></a><strong> | </strong><a href="https://t.me/joinchat/nmsF5R2sXCc0MmQ1"><strong>Telegram</strong></a><strong> | </strong><a href="https://www.linkedin.com/company/supra-oracles/about/"><strong>LinkedIn</strong></a><strong> | </strong><a href="https://t.me/SupraOraclesAnnouncements"><strong>Announcements</strong></a><strong> | </strong><a href="https://medium.com/@supraoracles"><strong>Medium</strong></a></p><h3>About DeCredit</h3><p><strong>With the Credit Oracle protocol, DeCredit is committed to enhancing web3. The data barrier between on-chain and off-chain can be broken down by importing off-chain credit data into the blockchain realm, allowing users to gain data ownership and self-sovereignty. DeCredit Oracle uses globally distributed credit nodes and DAO governance to provide a more secure and reliable web3 infrastructure. DeCredit’s objective is to enhance web3 and investigate new use cases such as DeFi, GameFi, NFT, SocialFi, and RWA.</strong></p><p><strong>Join the DeCredit community:</strong></p><p><a href="https://www.decredit.io/"><strong>Website</strong></a><strong> | </strong><a href="https://twitter.com/DeCredit001"><strong>Twitter</strong></a><strong> | </strong><a href="https://t.me/DeCreditenglish"><strong>Telegram</strong></a><strong> | </strong><a href="https://t.me/+9VVIMb_euSE1OGMx"><strong>Announcements</strong></a><strong> | </strong><a href="https://decredit.medium.com/"><strong>Medium</strong></a><strong> | </strong><a href="https://mirror.xyz/0xA4a8bfC44b40fEF28aB0ec4e14d60410ef1ae576"><strong>Mirror</strong></a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=a03bb79f3257" width="1" height="1" alt="">]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[DeCredit Monthly Report(January,2022)]]></title>
            <link>https://decredit.medium.com/decredit-monthly-report-january-2022-78c31a4d3a34?source=rss-30284b956f19------2</link>
            <guid isPermaLink="false">https://medium.com/p/78c31a4d3a34</guid>
            <category><![CDATA[defi]]></category>
            <category><![CDATA[decredit]]></category>
            <category><![CDATA[socialfi]]></category>
            <category><![CDATA[cdtc]]></category>
            <category><![CDATA[gamefi]]></category>
            <dc:creator><![CDATA[DeCredit]]></dc:creator>
            <pubDate>Tue, 01 Feb 2022 10:07:45 GMT</pubDate>
            <atom:updated>2022-02-01T10:07:45.993Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*GNB3NYTtD_rmkwwxkfw4Nw.jpeg" /></figure><h3>DeCredit Monthly Report</h3><p>Dear community members,</p><p>Looking back and seeing our journey so far, we can’t help but feel proud and grateful for what we’ve accomplished together.</p><p>DeCredit has completed its brand upgrade. The new vision can be summarized as building the world’s leading credit oracle to empower Web3.</p><p>This new brand upgrade signals to stakeholders, its community members and users the significant progress made over the past month.</p><h3>Tech：</h3><p>Web portal and three new version websites are launched.</p><p><strong>Web portal:<br></strong>We set up a unified portal website that connects audiences to the ecosystem of DeCredit with just one link.<a href="https://link.decredit.io/"><strong><br>https://link.decredit.io/</strong></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/527/1*xSF6wgztll4gLu3xspG3Qg.png" /></figure><p><strong>DeCredit Website:<br></strong>The website has been redesigned to make it simple and stylish visually. We optimized the page structure and added sections for DAO and usage scenarios.<br><a href="https://www.decredit.io/"><strong>https://www.decredit.io/</strong></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*vb5F8KwiYYBhXG5OPynqBw.png" /></figure><p><strong>OpenDeFi<br></strong>Since DeFi mainnet was upgraded to a sub-brand called OpenDeFi, we created an official website for it.<br><a href="https://www.opendefi.io/"><strong>https://www.opendefi.io/</strong></a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*DT7kcNBU8NBXN9x6v-RogQ.png" /></figure><p><strong>MetaLine<br></strong>As the first GameFi in the ecosystem, the official website of MetaLine has been launched.<br><a href="https://www.metaline.games"><strong>https://</strong>www.metaline.games</a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*7RUNlFLNoIxoUF9J7JbRuQ.png" /></figure><h3>Product:</h3><ol><li>The planning for the first GameFi has been completed.</li><li>SocialFi is in the production planning stage.</li><li>We introduce DAO Governance to increase the voice from the community.</li></ol><h3>Market Operation Ecosystem:</h3><ol><li>We’ve set up a Twitter and Discord for MetaLine.</li></ol><p>Twitter : <a href="https://twitter.com/Metaline001">https://twitter.com/Metaline001</a><br>Discord: <a href="https://discord.gg/gs8xqanVur">https://discord.gg/gs8xqanVur</a></p><p>2. We optimized the brand structure and formed a brand matrix according to the distribution of products.</p><p>DeCredit is the main brand, with credit oracle as its core competitiveness. There are two sub-brands, OpenDeFi and MetaLine.</p><p>3. We designed Logos for OpenDeFi and MetaLine.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/640/1*6jYmhmjlIqHo-ELeVS5IoQ.jpeg" /></figure><p>4. A total of <strong>3,479,817</strong> CDTCs are currently staked on OpenDeFi.</p><p>5. Telegram &amp; Twitter</p><p>The total number of Telegram Community Members remains at <strong>61K.</strong></p><p>The total number of Twitter followers remains at <strong>66K.</strong></p><p>6. DeCredit English community admins are available for any issue &amp; support 7*24.</p><p><strong>Stay Tune with DeCredit for more:</strong><br><a href="https://twitter.com/DeCredit001"><em>Twitter</em></a><em>|</em><a href="https://t.me/DeCreditenglish"><em>Telegram（English）</em></a><em>|</em><a href="https://decredit.io/"><em>Official Website</em></a><em>|</em><a href="https://t.me/DeCreditNews"><em>Telegram Channel</em></a><em>|</em><a href="https://discord.com/channels/926078973291679754/926078973291679756"><em>Discord(MetaLine)</em></a><em>|</em><a href="https://twitter.com/Metaline001"><em>Twitter(MetaLine)</em></a><em>|</em><a href="https://t.me/DeCreditKorea"><em>Telegram（Korean）</em></a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=78c31a4d3a34" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[DeCredit Brand Upgrade Announcement]]></title>
            <link>https://decredit.medium.com/decredit-brand-upgrade-announcement-5081599c82e6?source=rss-30284b956f19------2</link>
            <guid isPermaLink="false">https://medium.com/p/5081599c82e6</guid>
            <category><![CDATA[socialfi]]></category>
            <category><![CDATA[gamefi]]></category>
            <category><![CDATA[web3]]></category>
            <category><![CDATA[opendefi]]></category>
            <category><![CDATA[decredit]]></category>
            <dc:creator><![CDATA[DeCredit]]></dc:creator>
            <pubDate>Mon, 17 Jan 2022 12:26:05 GMT</pubDate>
            <atom:updated>2022-01-17T12:26:05.551Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*nNnK0lYUgFwh_NVR4RNOLg.jpeg" /></figure><p>As some community members probably already noticed, DeCredit has completed its brand upgrade. The new vision can be summarized as building the world’s leading credit oracle to empower Web3.</p><p>DeCredit was a DeF2.0 protocol that strengthens the DeFi market by introducing the credit loan models. However, when the team got deeper into the crypto-world, we realized the future of Credit Oracle is limitless and it is time to move forward. With the new vision, the mission of DeCredit is not only to build Credit Oracle network globally but also expand the ecosystem by exploring more use cases. Accompanied by the mission, the new version of DeCredit official website has also arrived.</p><p>DeCredit Website: <a href="http://decredit.io">decredit.io</a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/861/0*euQUFbR3TFkvZ9cj" /></figure><p><strong>Brand Matrix</strong></p><p>We are pleased to announce a new brand matrix including DeFi, GameFi, and SocialFi. We have upgraded the original DeFi mainnet to a sub-brand called OpenDeFi and launched a new VI.</p><p>The OpenDeFi LOGO expresses our attitude towards with the DeFi New Epoch. It’s even more simple design, meanwhile we expect to see further putting our view across truly. The essential implications of OpenDefi branding，we design with smooth and soft lines, it’s showing us an unfettered and diverse universe that the LOGO manifest how we constitute more Exoteric and inclusiveness financial environment clearly and directly. It can be showing accelerated development, we design Outer ring made strong rhythmic lines. The center part of the logo creates a concise and the earth ecological clearly, the whole system of VI we use overall color bright ,the system of design are full of sense of rhythm. The new concept of LOGO design that’s illustration we have entered the period of WEB3:</p><p>Not constrained by previous website operations, we do our innovation development best，dedicated to making the web3 world truly decentralized, even better achieve liquidity and the sustainable development of the financial future.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*LVg6Qb5GX49ZeEof" /></figure><h3>OpenDeFi</h3><p>As a member of the DeCredit ecosystem, OpenDeFi can be seen as the first step for DeCredit to explore Web3. The OpenDeFi credit lending product is based on a liquidity pool that introduces off-chain credit assessment into the on-chain lending product, gradually reducing collateral in the credit lending and finally achieving zero collateral, thus avoiding the current DeFi over-collateralisation dilemma.</p><p>DeCredit Website: <a href="http://opendefi.io">opendefi.io</a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/865/0*RNoB0J3qy1VJrS4J" /></figure><h3>GameFi</h3><p>On the GameFi side, MetaLine, a seafaring game with production, trade and battle is on the way. It allows users to ship manufactured goods to different ports for a profit, while a floating price system, port ownership and battle increase playability. The website will be carried out later this week.</p><h3>SocialF</h3><p>The SocialFi is still in the conceptual stage. Once it arrives, you will see this incredible application. DeCredit will also introduce DAO Governance to increase the voice from the community.</p><p>We appreciate your continued support and trust. We look forward to starting a new inventive and thrilling journey for you with this new brand.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=5081599c82e6" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[DeCredit Year-End Summary 2021]]></title>
            <link>https://decredit.medium.com/decredit-year-end-summary-2021-e8054226a06?source=rss-30284b956f19------2</link>
            <guid isPermaLink="false">https://medium.com/p/e8054226a06</guid>
            <category><![CDATA[oracle]]></category>
            <category><![CDATA[summary]]></category>
            <category><![CDATA[decredit]]></category>
            <category><![CDATA[web3]]></category>
            <dc:creator><![CDATA[DeCredit]]></dc:creator>
            <pubDate>Fri, 31 Dec 2021 09:01:57 GMT</pubDate>
            <atom:updated>2021-12-31T09:01:57.730Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*PqFgM2FYx_CkZfZJXTbuEQ.jpeg" /></figure><p>This year is special and meaningful for DeCredit. After a whole year hard work, we are proud of what the team has achieved. As the DeCredit team, we made amazing progress in product development and connected with a community of like-minded people. We are moving towards the project vision well.</p><p>In early 2021, we explained in detail how to build a Credit Oracle using distributed trusted nodes globally. We are lucky that so many sagacious people understand its importance to Web3. The importance of quality always comes first and it will continue in the future.</p><p>We have completed the research and development of Defi mainnet with credit score algorithm and credit lending model as scheduled. We tested and deployed it on BSC. Over 30,000 community users have experienced testnet, and more than 3 million CDTCs have been stuck on the mainnet. Most of them have already adopted the credit model. In short, what we have accomplished is something that no one has ever tried before.</p><p>CDTC is also a significant milestone. After months of waiting, CDTC got listed on Bitmart, Hotcoin and PancakeSwap successfully. The tokens were sent to the owners in time as we promised. We can give you the good news here: we are exploring the possibility of combining Credit Oracle with more scenarios, including GameFi, SocialFi, etc. CDTC will also be an important governance token in these Dapps.</p><p>Finally, we would like to thank our advisers, investors, communities and partners for their continued support. DeCredit team members will keep improving the product and share more great news in 2022.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=e8054226a06" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[DeCredit Bi-Weekly Report(Nov 29th-Dec 12th,2021)]]></title>
            <link>https://decredit.medium.com/decredit-bi-weekly-report-nov-29th-dec-12th-2021-631504f2a6f7?source=rss-30284b956f19------2</link>
            <guid isPermaLink="false">https://medium.com/p/631504f2a6f7</guid>
            <dc:creator><![CDATA[DeCredit]]></dc:creator>
            <pubDate>Wed, 15 Dec 2021 01:43:42 GMT</pubDate>
            <atom:updated>2021-12-15T01:43:42.945Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/790/1*2shlmLkMHSFUe4ircqv9Ng.jpeg" /></figure><h3>DeCredit Bi-Weekly Report(Nov29th-Dec 12th,2021)</h3><h3>Tech&amp;Product：</h3><ol><li>The Mainnet has completed multilingual support.</li></ol><p>2. The new 3 months’ and 6 months’ lockup staking pools have already launched on the Mainnet !</p><h3>Marketing:</h3><ol><li><strong>Professor Crypto </strong>posted a video about DeCredit.</li></ol><p><a href="https://t.co/Uy0xvNv5fM">https://youtu.be/8tau_g5sWSk</a></p><p>2. The article “<strong>How DeCredit Is Solving The Issues Linked To Over-collateralization In The DeFi Space</strong>” has been posted.</p><p><a href="https://decredit.medium.com/how-decredit-is-solving-the-issues-linked-to-over-collateralization-in-the-defi-space-4ba696a44b73">https://decredit.medium.com/how-decredit-is-solving-the-issues-linked-to-over-collateralization-in-the-defi-space-4ba696a44b73</a></p><p>3. Look for More KOLs and media partners.</p><p><strong>Operation：</strong></p><p><strong>Telegram &amp; Twitter</strong></p><p>The total number of Telegram Community Members remains at <strong>70K.</strong></p><p>The total number of Twitter followers remains at <strong>67K</strong></p><p><strong>AMA Seasons:</strong></p><blockquote><strong>‘</strong><a href="https://twitter.com/TheCryptoBlade"><strong>The Crypto Blade</strong></a>’ AMA with the CMO of <strong>DeCredit</strong></blockquote><blockquote>Poster: <a href="https://t.co/fNxgI1KHoK">t.me/CryptoBladeChat</a></blockquote><blockquote>Members: <strong>40K+</strong></blockquote><blockquote>Language: English</blockquote><blockquote>‘<a href="https://twitter.com/Cryptoscape1"><strong>Cryptoscape</strong></a>’ AMA with the CMO of<strong> DeCredit</strong></blockquote><blockquote>Poster: <a href="https://t.co/uMdunoHK7T">t.me/CRYPT0SCAPE</a></blockquote><blockquote>Members: <strong>31K+</strong></blockquote><blockquote>Language: English</blockquote><figure><img alt="" src="https://cdn-images-1.medium.com/max/900/0*oBPpQBrY8oNfTS3i" /></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/900/0*ZalpD3lZ6wSOV6u5" /></figure><p>DeCredit English community admins are available for any issue &amp; support anytime 7*24.</p><p><strong>Stay Tune with DeCredit for more:</strong><br><a href="https://twitter.com/DeCredit001"><em>Twitter</em></a><em>|</em><a href="https://t.me/DeCreditenglish"><em>Telegram（English）</em></a><em>|</em><a href="https://decredit.io/#/"><em>Official Website</em></a><em>|</em><a href="https://drive.google.com/file/d/1GUdtpUMk9x19VO2cwawSXu8ykDGl7vAz/view"><em>WhitePaper</em></a><em> |</em><a href="https://t.me/DeCreditKorea"><em>Telegram（Korean）</em></a><em>|</em><a href="https://t.me/DeCreditNews"><em>Telegram Channel</em></a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=631504f2a6f7" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[How DeCredit Is Solving The Issues Linked To Over-collateralization In The DeFi Space]]></title>
            <link>https://decredit.medium.com/how-decredit-is-solving-the-issues-linked-to-over-collateralization-in-the-defi-space-4ba696a44b73?source=rss-30284b956f19------2</link>
            <guid isPermaLink="false">https://medium.com/p/4ba696a44b73</guid>
            <dc:creator><![CDATA[DeCredit]]></dc:creator>
            <pubDate>Tue, 30 Nov 2021 05:35:51 GMT</pubDate>
            <atom:updated>2021-11-30T05:35:51.568Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*Ytb7hTGMwvH3zskq6GfiKg.jpeg" /></figure><p>Decentralized Finance has grown to incorporate a lot of features that will alter the way things are being done. It is breaking the barrier that exists in traditional finance like the barrier to entry, and much more. With one’s device, it is easy to invest in financial packages and programs like yield farming, lending pools, staking, and much more. These are all made possible with the coming of decentralized finance. Though these features may be groundbreaking, they are still laced with issues that users face daily. For instance, the lending and borrowing scene is filled with over-collateralization. A credit system doesn’t exist at the moment in the DeFi world. Before a user can borrow funds, they have to abide by the over-collateralization principle, meaning that their collateral has to be far higher in value than the borrowing amount. This is not efficient. There is the need for the replication of the credit system available in the traditional world to the decentralized space.</p><p>DeCredit offers Credit Oracles that are tailored to the needs of the clients. The aim of these credit nodes will allow blockchain users to carry out credit investigation and transmit it to the smart contract, where decisions can be made. A crucial functionality of the Credit Oracles that are available on DeCredit, is to offer blockchain platforms access to both on-chain and off-chain data sources.</p><p><strong>Issues Linked To Over-collateralization</strong></p><p>A great deal of lending protocols uses over-collateralization of loans, especially since there is a lack of an effective credit rating system that has been designed with the intricacies of the ecosystem in mind.</p><p>• It restricts credible users from accessing loans.</p><p>If a user is unable to provide collateral with a value that is above the borrowing amount, they can’t access a loan, which may not be effective sometimes. In the traditional finance world, people with high credit scores can access financing and lending facilities because they have proven themselves to be financially responsible. This expands the operations of the system, and if it is implemented in the DeFi space, it could drive massive adoption of its innovations.</p><p>• Insufficient liquidity</p><p>In finance, liquidity is pumped into an economy once revenue-generating transactions are done. An effective credit system allows people with good credit ratings to access lending and financing facilities, and in return, they pay back during the end of the term. Activities like that improve the cash circulation and liquidity in the economy. When an ecosystem is filled with mostly over-collateralized lending facilities, it could reduce the growth of liquidity in the space.</p><p><strong>What is DeCredit doing to solve the above?</strong></p><p>DeCredit is solving these issues by feeding off-chain credit records to decentralized finance protocols, thereby reducing the dependence on over-collateralization.</p><p>There are several solutions that loan ecosystems have refused to adopt because of their reliability. DeCredit is ushering in a verifiable approach.</p><p>Off-chain credit may break this deadlock, because these credit scores have been verified by credible institutions and have been widely adopted in traditional finance. Off-chain credit data as a supplement to on-chain credit is a good direction. The working mechanism of DeCredit is based on a decentralized and automatic operation of smart contracts. The price is fed by a collaborative oracle, while the creditworthiness and repayment ability of the borrower are effectively evaluated under the evaluation of the credit model algorithm. Given the corresponding level of loan-to-lending ratio, and after credit evaluation, the borrower obtains encrypted funds with a low mortgage rate in the stable currency from the liquidity pool.</p><p>With the coming of DeCredit, the blockchain space doesn’t have to worry about being restricted from the right data sources. The Credit Oracles offered in this ecosystem will act as a bridge between blockchain and the real world, while offering off-chain credit data to on-chain.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=4ba696a44b73" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[DeCredit Bi-Weekly Report(Nov 15th-Nov 28th,2021)]]></title>
            <link>https://decredit.medium.com/decredit-bi-weekly-report-nov-15th-nov-28th-2021-9aed329fc61e?source=rss-30284b956f19------2</link>
            <guid isPermaLink="false">https://medium.com/p/9aed329fc61e</guid>
            <dc:creator><![CDATA[DeCredit]]></dc:creator>
            <pubDate>Mon, 29 Nov 2021 08:44:44 GMT</pubDate>
            <atom:updated>2021-11-29T08:44:44.543Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/790/1*t87CuZz7VpKQLwTn-MxyvA.jpeg" /></figure><h3>DeCredit Bi-Weekly Report(Nov 15th-Nov 28th,2021)</h3><h3>Tech&amp;Product：</h3><ol><li>The Mainnet has completed multilingual support.</li></ol><p>2. The new 3 months’ and 6 months’ lockup staking pools have already launched on the Mainnet !</p><p>3. The Mainnet APY has been optimized.</p><h3>Marketing:</h3><ol><li>New Listing: CDTC got listed on Hotcoin.</li></ol><p><a href="https://t.co/usFa9sVatE?amp=1">https://t.co/usFa9sVatE?amp=1</a></p><p>2. Double Listing Benefits on Hotcoin:</p><p>Benefit 1: Trading Competition — 17,000 CDTC Giveaway</p><p>Benefit 2: Buy &amp; Earn — 13,000 CDTC Giveaway</p><p>Details:<a href="https://t.co/Wvxhj74tVr?amp=1"> https://t.co/Wvxhj74tVr?amp=1</a></p><p>3. DeCredit Testnet <a href="https://twitter.com/DeCredit001/status/1460590249013219335">Airdrop</a> : 50,000 CDTC have been distributed.</p><p>Winner list:<a href="https://t.co/rociXIwpko?amp=1"> https://t.co/rociXIwpko?amp=1</a></p><p>4. We have re-distributed<a href="https://twitter.com/DeCredit001/status/1461686434859917315"> airdrop prizes</a> and all winners received more CDTC than the DeCredit team has promised.</p><p>The airdrop prizes increased from 25,000 to 90,000 CDTC!</p><p>5. DeCredit is pleased to announce the official partnership with</p><p><a href="https://medium.com/u/8903f6ab855c">NFTBomb</a> who aims to enhance the NFT liquidity by creating a protocol ecosystem.</p><p>6. Look for More KOLs and media partners.</p><p><strong>Operation：</strong></p><p>Telegram &amp; Twitter</p><p>The Telegram Community Members of joining maintain as 75K+ Members .</p><p>The Twitter followers kept following as 68K+followers .</p><p><strong>AMA Seasons:</strong></p><blockquote><em>AMA with </em><a href="https://twitter.com/StalkersCrypto"><strong>Crypto Stalkers</strong></a><em>: </em><a href="https://t.me/thecryptostalkers">https://t.co/4koyOUE3q5?amp=1</a></blockquote><blockquote><em>AMA with </em><a href="https://twitter.com/blockelite"><strong>BlockElite Group</strong></a><em>: </em><a href="https://t.co/a1tcZKCqya?amp=1">https://t.co/a1tcZKCqya?amp=1</a></blockquote><figure><img alt="" src="https://cdn-images-1.medium.com/max/900/0*E1Dwi-xCbYKw-Fo_" /></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/900/0*_qS-r0lSZNHu_YzX" /></figure><p>DeCredit English community admins are available for any issue &amp; support anytime 7*24.</p><p><strong>Stay Tune with DeCredit for more:</strong><br><a href="https://twitter.com/DeCredit001"><em>Twitter</em></a><em>|</em><a href="https://t.me/DeCreditenglish"><em>Telegram（English）</em></a><em>|</em><a href="https://decredit.io/#/"><em>Official Website</em></a><em>|</em><a href="https://drive.google.com/file/d/1GUdtpUMk9x19VO2cwawSXu8ykDGl7vAz/view"><em>WhitePaper</em></a><em> |</em><a href="https://t.me/DeCreditKorea"><em>Telegram（Korean）</em></a><em>|</em><a href="https://t.me/DeCreditNews"><em>Telegram Channel</em></a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=9aed329fc61e" width="1" height="1" alt="">]]></content:encoded>
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