DEGO Finance Announces Onion Mixer INO Following DEGO x Onion Mixer Partnership

The partnership will give DEGO more leverage and tools to extend the utility of non-fungible tokens (NFT).

By
Ahamdi Abarikwu
on
May 29, 2021
Category:
BSC News

Onion Mixer INO Will Go Live Soon

Source

As a result of DEGO's partnership with Onion, DEGO Finance has scheduled an Initial Non-fungible Contract (INO) offer on its platform for Onion Mixer. In an earlier article, we explained what a non-fungible contract is. Onion's INO will commence on June 8 and will be limited to only 100 randomly selected whitelist slots. To be eligible to be whitelisted, prospective participants need to submit their entries latest on June 3, 12:00 UTC after doing the following easy tasks:

  • Follow the Twitter handles of both Onion and DEGO.
  • Quote this tweet about the INO and tag three friends.

The list of the randomly selected winners will be made public three days after the close of submission of entries.

Source

50,000 USDT worth of Onion Mixer Tokens (OMT) will be available for purchase in the INO on a first-come-first-served basis. Those who filled the entry form but were not shortlisted will share 10,000 OMT.

Furthermore to promote growth, referring up to 100 persons to Onion Mixer's Telegram group or publishing an article with over 300 views etc., will entitle users to one whitelist address. Details about these extra offers and more can be found in this official announcement


What are NFTs and $DEGOs Innovation

To further expand what is possible with NFTs, DEGO Finance has collaborated with the Onion Mixer protocol. Onion is a security protocol that uses a zero-knowledge proof concept to ensure that users' blockchain activities are more secure and private by making their transactions untraceable. The concept of Zero-Knowledge Proof is well explained here and there.

Non-fungible tokens have gradually become widely adopted, but many people previously associated them only with digital content rights management. DEGO Finance, a multi-chain NFT decentralized finance ecosystem, came into DeFi to change the narrative about NFTs. DEGO built a protocol that enables users to interact with NFTs and makes them have more diverse utility. DEGO made it possible for users to give attributes or qualities to their NFTs. For instance, on the DEGO platform, an NFT can be defined in terms of its grade, efficiency, power, and decomposability. DEGO thus enabled users and developers to do much more with NFTs beyond static digital artworks.


About DEGO Finance

DEGO Finance is a multi-chain protocol that combines NFTs and DeFi for expanded NFT utility. DEGO gives users the tools to easily create NFTs with features and attributes. 

To read up more on DEGO Finance, visit their media handles,

Website | Medium | Twitter | Telegram | Discord 


About Onion Mixer

Onion Mixer is a decentralized protocol that was developed to enhance blockchain security and privacy by making transactions anonymous and untraceable. It derives its name from one of the pioneers of cyber anonymity, the TOR project.

Onion Mixer is a cross-chain protocol and supports anonymous transactions on both Ethereum and Binance Smart Chain networks. 

For more about Onion Mixer, check out these media links, 

Website | Twitter | Telegram 

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Ahamdi Abarikwu

Ahamdi Abarikwu is an Electrical Engineer and a lover of anything crypto. He is also an avid writer, proofreader and editor. He loves to play Scrabble in his spare time.

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