The phenomenon of ice melting at the poles leading to sea level rise, many cities around the world are predicted to be submerged in sea water in the future, which are huge consequences of global warming. The main cause of this warming is carbon emissions from our human production industries.
How to reduce carbon emissions is a question that is being asked and is a topic of discussion in many forums around the world. Blockchain is often viewed as having no practical applications and being a zero-sum financial game. Dione Protocol is proving it can use blockchain technology to reduce carbon emissions around the world.
To better understand Dione Protocol, people can refer to some of the articles below:
- What is Blockchain Layer 1? The Importance of Layer 1 in the Crypto Market
- What is Consensus Algorithm? How Blockchains Work Efficiently
- What is Ethereum? All About Ethereum
Overview of Dione Protocol
What is Dione Protocol?
Dione Protocol is a layer 1 blockchain compatible with EVM, the project’s goal is to apply blockchain technology to reduce carbon emissions and return renewable energy production capacity to users from organizations. energy production.
In essence, Dione Protocol is a fork of Avanlanche, uses Avalanche’s Snowman consensus mechanism, and has similar subnets to Avalanche. Thanks to that, the project can inherit security, high transaction throughput, low costs and great scalability.
Mechanism of action
The project builds a market where energy buying and selling activities take place. It will connect directly to the blockchain so that activities taking place here are stored and public.
There are three participants in the market: energy suppliers, distributors and consumers.
- Energy suppliers: They can be large companies and organizations that produce renewable energy, they simply install solar panels, or windmills and some other auxiliary equipment. is to be able to participate in selling the energy sources they produce on the market. This is the core component of the project so that everyone has the opportunity to make a profit, and the power to release energy no longer depends on large corporate organizations.
- Distributor: Is the unit that transports electricity to consumers. To make it easier to imagine, after you produce electricity and sell it on the exchange, how do you transfer your electricity to consumers after selling it? This will be the task of distributors, who will transport electricity from producers to consumers.
- Consumers: Are people who directly use renewable energy. They will participate in purchasing electricity on the exchange. For users with little technological knowledge, the project will develop the most minimalist interface possible so they can easily participate in purchasing.
In addition, the project also helps connect sellers of hardware such as solar panels or fans, making it easier for consumers to become manufacturers, to earn more profits.
The project will collect fees from the process of buying and selling electricity on the exchange to develop the project.
Development Roadmap
Energy
- Develop core energy trading tools
- Announce new innovation initiatives
Blockchain
- Launching information channel about Tokenomic
- Odyssey Blockchain – RPC live
- Odyssey Blockchain – Explorer live
- Odyssey Blockchain – Mainnet v1 live
- Launch of Dione COIN
- Odyssey Governance – Completed and live
Marketing: Organized two marketing events, introducing project supporters
Event: AMA with CEO
Livestream: Space on Twitter
Orion: Meet the Orion product development team. Wallet upgrade
Core Team
- Maxim Prishchepo: Chief technology officer and director of Nebra. He has been working as a developer and architect for blockchain systems for 7 years, and enjoys participating in highly complex projects to utilize his skills and experience. He has developed many projects with a 100% success rate, but the most prominent is the Lead Developer project.
- Bradon KoKoski: Project operations director. He has over two years of experience in the DeFi space. As an early investor in many projects reaching market cap of 100M – 1 B$, he has extensive experience in business, community building and marketing strategies for cryptocurrencies. Before joining crypto, he had 5 years of experience in the field of fitness and marketing.
- Ryan Arriage: Blockchain Director: You have built 3 technology companies that were all acquired. He previously served as global product manager for the Safemoon project and chief executive officer of Reflex Finance.
Investors And Partners
The project announced partners with many projects such as: Crypto Rubic, Shido Dex, DiamondSwap, Simplex, Itu SEED, Traken, Energiekreislauf, SolidProof, Tectum, Algatec, Green Energy, IBC Solar.
Tokenomics
Update…
Exchanges
Update…
Project Information Channel
- Website: https://www.dioneprotocol.com/
- Twitter: https://twitter.com/intent/follow?screen_name=DioneProtocol
- Telegram: https://t.me/DioneProtocol
- Youtube: https://www.youtube.com/channel/UCtlH3LG4UZLrr8EdSxUsKkQ
Summary
Dione Protocol is a project aimed at applying blockchain technology to create an open environment that encourages people to participate and use renewable energy sources, reducing carbon emissions to the environment. This is an ideal and potential solution, promoting the practical application of blockchain technology, but it takes time to monitor the feasibility of the project in practice. If you are interested in the project, please follow me to update the latest news.
