Syscoin DApps to Land on DeNet Desk

Syscoin continues to broaden the boundaries of our ecosystem as we expand towards our goal of offering the widest range of services and greatest availability within the blockchain space. As evidenced by our growing list of partners and exchanges, this remains a top priority, only after delivering the most capable blockchain built on the best of Bitcoin and Ethereum. Therefore, we are proud to announce our latest partnership with DeNet, who will be adding Syscoin ecosystem dApps to their DeNet Desk.

We at Syscoin are happy to make our NEVM available on the DeNet Desk, which will provide a convenient new entry point into the Syscoin ecosystem. By creating this new market for dApps powered by Syscoin, we are not only creating a new audience in DeNet’s user base, but also granting ours an option for secure data storage alongside the low fees and reliable network they are accustomed to. We anticipate working more closely together going forward and expanding our Web3 ecosystems.

-Michiel, Syscoin Foundation Vice President

DeNet is a multichain, decentralized, storage-based ecosystem. Their core product, DeNet Storage, is an alternative to traditional cloud services that overcomes their inherent centralization by utilizing unused storage capacity all over the world. By distributing and encrypting all of the data, they assure their users’ data remains secure while also being accessible from anywhere. DeNet gathers dApps in their unique ecosystem organized under their Open Economy 3.0 concept. The concept’s purpose is to create highly transparent relations between all economic participants, eliminate middlemen, and superfluous fees.

Syscoin’s integration into the DeNet ecosystem will take place on their DeNet Desk, which means our two organizations will work together to forge a new market for our dApps centered around our low fees and leveraging Syscoin’s NEVM alongside DeNet secure data storage. 

In addition, we will continue to collaborate to explore running DeNet’s in-house dApps such as DeNet Storage, DeNet NFT Storage, and future products on Syscoin considering DeNet’s EVM compatibility.

We are enthusiastic to add Syscoin NEVM to DeNet Desk, creating a convenient entry point for users. Now all existing and future dApps on the Syscoin network will be available in one application — DeNet. Adding Syscoin NEVM is equivalent to entering a new market, increasing data uploading volume of the decentralized storage network. Developers of existing apps in the DeNet ecosystem win the opportunity to scale on the NEVM network and receive the benefit of new users.

— DeNet Team

 

About DeNet

DeNet is the truly decentralized storage based ecosystem. They have been developing solutions for a Web 3.0 world since 2017, creating a secure and profitable alternative to the traditional cloud services. 

Currently, users can access more than thirty ecosystem dApps; mint, store and stake NFTs in DeNet NFT, save any data in decentralized and user-friendly DeNet Storage, and take part in bug bounty and referral programs. However, the team is working to expand their ecosystem, so even greater functionality lies in store.

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About Syscoin

Syscoin is a decentralized and open-source project founded in 2014 whose NEVM blockchain combines the best of Bitcoin and Ethereum in a single coordinated modular platform.

Syscoin is ushering in the next step in the evolution of blockchain technology, providing Bitcoin's proven security and Ethereum's Turing-complete programmability elevated to true scalability via ZK-Rollups and other Layer 2 technologies.

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May 10, 2022 by Syscoin Foundation