There is a lot of confusion surrounding the term “DPI.” Some people think it is an exchange, others think it is a token, and still others believe it is a company. So, what is DPI?
In short, DPI is a Binance-based token that was created to raise funds for the development of the Deep Onion project. The Deep Onion team is working on creating a privacy-focused blockchain that will be resistant to quantum computing attacks.
In order to achieve this, they are using a variety of cutting-edge technologies, including Tor integration and stealth addresses.
The DPI token sale was conducted in two phases. In the first phase, which lasted from August 8th to August 22nd, 2017, 1 billion DPI tokens were sold at a price of $0.01 per token. In the second phase, which lasted from September 12th to October 12th, 2017, an additional 500 million DPI tokens were sold at a price of $0.
02 per token. A total of 1.5 billion DPI tokens were sold during the token sale, raising a total of $15 million.
So far, the Deep Onion team has been very active in developing their project. They have released several testnets and are currently working on their mainnet.
They are also working on integrating Tor into their wallet and blockchain explorer. Once completed, Deep Onion will be one of the most private and secure blockchains in existence.
The DPI token is currently trading on a few small exchanges at prices around $0.03-$0.04.
However, once the mainnet launches and more people become aware of Deep Onion, the price is expected to increase significantly. Given the progress that the team has made so far and the potential of their project, it is definitely worth keeping an eye on Deep Onion and their native token, DPI.