DMarket is a Blockchain powered marketplace for the exchange of digital games and virtual items on any platform. In this article, as Kriptokoin.com, “What is DMarket?” We will answer the question. In addition to these, we will touch on all the questions about the project.
What is DMarket? What does DMT do?
The DMT platform strives to meet the technical limitations that the gaming industry is currently experiencing. DMarket specifically offers the opportunity to create an in-game economy and to be able to buy and sell player assets globally. It does this by converting virtual items into real assets traded with DMarket cryptocurrency support.
Besides gamers, DMT Coin tries to support game developers and entrepreneurs by offering them job opportunities. DMarket’s platform was founded by Vlad Panchenko. Vlad Panchenko; EBay, G2A etc. It is the #1 private seller of digital games sold on their platform. He worked with Alexander Kokhanovskyy to create DMarket. It launched the DMT platform in 2017.
How does DMarket work?
DMarket works with Exonum Blockchain. The system uses different components that are integrated into the platform, especially through the RestFull API. The operational setup of DMT is; It works with decentralized Blockchain database and smart contracts. There is also a platform-independent multimedia storage service. It is a high-speed storage facility that combines blockchain and trading platform.
The platform architecture is built in such a way that it has no impact on data continuity even in the event of a complete disconnection. The marketplace includes AI-based statistics management modules and a few extra modules. These modules enable the platform to monitor data dynamics and create insights about the demand and delivery of virtual items. API documentation and DLL libraries allow popular game developers to manage and use in-game assets. It aims to provide popular integration of all in-game assets to online stores.
What are the DMT features?
- High speed reply: DMarket’s Blockchain offers speeds of up to 3,000 transactions per second. This facilitates a problem-free user experience.
- Flexibility:Even if a third of the nodes in the platform network are disabled or compromised, the Blockchain works without any problems.
- Rust language: DMarket’s Blockchain is written in the Rust programming language, which works without segmentation errors. In this way, it guarantees thread safety. It also provides an advanced security system for the platform.
What is DMarket? How to buy DMT?
Exchanges traded with DMarket’s cryptocurrency DMT; Bittrex is CoinGecko, CoinCodex, IDEX, YoBit. If DMarket Token storage is; DMarket Coins can be stored in an ETH wallet such as MyEtherWallet. Because DMT Coin is ERC-20 compatible. DMarket’s own wallet is also a reliable storage option. Other storage options include; There are hardware wallets such as Ledger Nano S and Trezor. They are also storage wallets available for DMT on Exodus and Jaxx.
