DEGO’s Journey in Web3: Looking Back and Moving Forward

DEGO
4 min readOct 8, 2024

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Over the past four years, DEGO Finance has been relentlessly pushing the boundaries of Web3 innovation. From our early days pioneering cross-chain decentralized finance (DeFi) solutions, we’ve evolved into a leading incubator for AI, GameFi, and DePIN projects. Our journey has been one of constant growth, and as we look back, we’re proud of the impact we’ve made across multiple sectors. But our mission is far from over, and the future looks even more promising.

DeFusion: A Milestone in DEGO’s Evolution

One of our standout achievements has been the successful launch and growth of Defusion.ai, an AIGC platform that merges the world of AI-generated content with blockchain technology. Defusion empowers creators to mint hyper-realistic AI-generated NFTs, unlocking new ways for them to interact with digital art.

Here’s a quick snapshot of DeFusion’s key stats:

  • Chains Supported: 13+
  • Images Generated: 3,610,220
  • Active Users: 112,972
  • Transactions: 1,105,590
  • Social Media Presence: 110,000+ followers

Defusion is more than just a platform; it’s a thriving ecosystem that continues to expand, supported by the broader DEGO community. Through badge achievements and rewards via airdrops, we’ve created a dynamic space for creators and collectors alike, proving that the intersection of AI and NFTs is the next frontier in digital art.

Our Role as the Annual Sponsor of BNB Chain

As an annual sponsor of the BNB Chain Hackathon,

DEGO has played a pivotal role in driving ecosystem innovation:

Incubating Innovative Projects: We provide comprehensive support to numerous AI and gaming projects, guiding them from concept to execution.

Driving Technological Advancement: By supporting cutting-edge projects, we promote technological innovation in AI and GameFi within the BNB Chain.

Nurturing Web3 Talent: The hackathon provides us with a platform to discover and cultivate the next generation of Web3 developers.

Fostering Ecosystem Collaboration: We actively promote resource sharing and collaborative development between projects, boosting the overall vitality of the ecosystem.

Our efforts not only contribute to the success of individual projects but also foster the diversification and growth of the entire BNB Chain ecosystem.

Incubating the Future: Buzz and Beyond

DEGO’s incubation efforts on the Telegram platform are bearing fruit, with the Buzz project standing out as a prime example. As an innovative fusion of GameFi and social interaction, Buzz has attracted an impressive 920,000 monthly active users within just one month, showcasing tremendous growth potential.

Buzz’s success is driven by several key factors:

Precise Market Positioning: Tapping into the demand for play-to-earn opportunities among Telegram users following the Tapcoin trend.

Innovative Product Design: Seamlessly blending player competition with GameFi elements.

Robust Technical Support: Ensuring the platform remains stable and efficient during rapid growth.

Agile Operational Strategy: Swiftly responding to user feedback and continuously optimizing the product experience.

Buzz’s success not only highlights DEGO’s strong project incubation capabilities but also signals the vast potential we have within the Telegram ecosystem. We are actively exploring more innovative projects to expand our influence across the social, gaming, and financial sectors.

What’s Next for DEGO?

Looking ahead, DEGO is committed to driving Web3 innovation, focusing on key areas such as cross-chain ecosystem development, mass adoption, project incubation, AI and blockchain integration, MEME sector growth, and building a comprehensive Web3 ecosystem.

  1. Cross-Chain Ecosystem Development: As an active participant in the TON ecosystem, we plan to integrate multiple blockchain projects, including EVM-compatible chains. This will provide Telegram users with more choices and significantly enhance the diversity and inclusiveness of various blockchain ecosystems.
  2. Driving Mass Adoption: Our long-term strategy is centered on “Crypto Mass Adoption,” aiming to guide Web2 users and businesses into the Web3 era. By offering innovative use cases and user-friendly product designs, we seek to lower the barriers to entry into Web3.
  3. Ongoing Project Incubation: Building on the success of Buzz, we will continue incubating innovative projects on the Telegram platform and other ecosystems, exploring new models in social, gaming, and finance.
  4. Deepening AI and Blockchain Integration: Following the success of DeFusion, we will further explore the potential of AI in decentralized applications, including cutting-edge areas like smart contract optimization and decentralized identity verification.
  5. Meme Sector Development: We are committed to deeply incubating and growing within the MEME sector, leveraging our expertise to foster innovative MEME projects that resonate with the community.
  6. Building a Comprehensive Web3 Ecosystem: Through strategic partnerships and in-house development, we aim to provide users with a one-stop Web3 experience, from wallets to DeFi, GameFi to social networks.

DEGO will continue to leverage its innovative capabilities and technical expertise to advance blockchain technology and promote its widespread adoption. We believe that through these efforts, DEGO will play an even more significant role in the future of Web3, creating greater value for both users and the industry as a whole.

About Dego Finance

DEGO Finance stands as a pioneering incubator in the realm of Web3 innovations. We are actively incubating a diverse array of projects across multiple chains, including Depin, Desci, and GameFi. Additionally, we collaborate closely with our partners to forge new paths forward.

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