Drep (New) (DREP) is not tradable on Coinbase.
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![Drep (New) logo](https://dynamic-assets.coinbase.com/0c3725b31ded8d3415cd35f76c10ede30ed97167ec81946e33ebedaeadfa635d5beb689c1bacf720d2313e886f7475a6fb4770f1832965fb4c083b112f42f621/asset_icons/c883d029bf1b44acbdd8a3e42899eb7ab20d11ce3e54115a11039480c215254e.png)
Drep (New)
DREP
About Drep (New)
DREP is an Ethereum token used in the DREP ecosystem. DREP is committed to building “connectors” and “toolkits” based on blockchain technology, providing solutions that combine ease of use, flexibility and frictionless integration. DREP strives to tackle three particular issues: 1) inadequate public chain performance and poor developer experience; 2) segregated public chain ecosystems and small user bases; and 3) a mismatch between blockchain technology and enterprise needs.
Resources
Drep [new] (DREP) is a digital asset that is dedicated to creating "connectors" and "toolboxes" based on blockchain technology. It aims to provide solutions that blend ease of use, flexibility, and seamless integration. DREP is built on the DREP Chain, DREP ID, and DREP SDK, which allow DApp teams to launch multi-public-chain asset versions, built-in wallets, and asset trading platforms with a single click. DREP introduces the concept of Smart Pipeline technology, which is designed to enhance data processing capabilities, akin to a layer2 solution with robust scalability and zero gas consumption.
DREP operates by upgrading advanced technology solutions into APIs and Plug-ins, which reduces the learning costs, development difficulty, and complexity of blockchain on the application or enterprise side. It employs a Schnorr Multi-Signature Algorithm based on the Secp256k1 elliptic curve to boost network efficiency and minimize transmission overheads. DREP has designed a Decentralized ID (DID) system based on the HMAC (Hash Message Authentication Code) algorithm to achieve data connectivity and privacy protection. This forms a dual-layer system of master ID and multiple sub-IDs.
DREP strives to serve as a tool interface for 2B enterprises and provide an efficient and frictionless service portal for DREP Ecosystem users. It is designed to manage data and assets on both centralized and decentralized platforms within a single interface, known as the DREP Client. This client integrates functions including asset management, identity management, application development, and traffic portal. Furthermore, DREP Chain uses homomorphic encryption to enhance data privacy protection, safeguarding users' sensitive information.
The history of DREP is rooted in its commitment to building connectors and toolboxes based on blockchain technology. It was designed with the intention of providing solutions that combine ease of use, flexibility, and frictionless integration. Over time, DREP has introduced various concepts and technologies such as the Smart Pipeline technology, Schnorr Multi-Signature Algorithm, and the Decentralized ID (DID) system. These innovations aim to enhance data processing capabilities, improve network efficiency, and ensure data connectivity and privacy protection.
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Market
Netherlands Market Stats
Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
€768,168.92
Volume (24h)
€15,664.68
Circulating supply
100.0M DREP
Typical hold time
Not enough data
Popularity
#1795
All time high
€3.15
Netherlands Market performance
Price change (1h)
+0.12%
Price change (1d)
-13.84%
Price change (1w)
+0.82%
Price change (2w)
-12.85%
Price change (1m)
-31.46%
Price change (1y)
-13.43%
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Social
Some highlights about Drep (New) on social media
45 unique individuals are talking about Drep (New) and it is ranked #1,588 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Drep (New) has an average sentiment score of 3 out of 5. Finally, Drep (New) is becoming more newsworthy, with 0 news articles published about Drep (New). This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly bullish about Drep (New). There were 80% of tweets with bullish sentiment compared to 20% of tweets with a bearish sentiment about Drep (New). 0% of tweets were neutral about Drep (New). These sentiments are based on 5 tweets.
On Reddit, Drep (New) was mentioned in 0 Reddit posts and there were 0 comments about Drep (New). On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Overview
Contributors
45 people
Posts
1 posts
Dominance
0.01%
Volume rank
#1,588
Average Sentiment
3 out of 5
Tweet Count
5 people
Sentiment
80%
Bullish
0%
Neutral
20%
Bearish
Drep (New) Calculator
How much is 1 DREP?
Conversion Table
DREP/CAD (Canadian Dollar)
CA$0.0113
DREP/GBP (British Pound)
£0.0065
DREP/BRL (Real)
R$0.0461
DREP/EUR (Euro)
€0.0077
DREP/NGN (Nigerian Naira)
NGN 12.22
DREP/SGD (Singapore Dollar)
S$0.0112