The DEA Project, created by the Digital Entertainment Asset Pte. Ltd in Singapore, is a blockchain-based platform that combines NFTs, games, and other forms of entertainment. DEAPcoin, an ERC-20 utility token, is primarily used on the platform's NFT Marketplace to buy ERC-721 NFTs, which can enhance gameplay. The platform's goal is to address the issue of intellectual property and copyright for individual artwork in the secondary market. A portion of the sales will always be given as royalty to the original creators. The company has also launched the "PlayMining" platform, where users can play games and read manga for free while earning DEP cryptocurrency. As of April 2021, there are over 1,000,000 registered users on the platform, with a majority from Indonesia, Vietnam, Philippines, and Taiwan. DEAPcoin serves as the native utility token for purchasing NFTs, processing transactions, and accessing DEA's DeFi services.
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