DCO

DCO Overview DCOMY launches the DCO token as a native utility token for the DCOMY ecosystem. DCO are minted on the Ethereum Blockchain, adhering to the ERC20 standard. It has a total supply of 888,000,000. Utility DCO is used as a utility token in DCOMY, serving as a means of payment for all on-chain activities. When a DApp incurs on-chain activities on multiple blockchains, it can pay for all transaction and gas fees using DCO alone. The platform will implicitly convert part of the collected DCO to the corresponding native currencies of the underlying blockchains, which are then consumed by the miners and validators on those blockchains. Buyback Once the platform is fully functional, it is expected to generate a healthy and sustainable source of revenue and profit. 50% of the profit will be used to purchase DCO tokens from the market at the prevailing price. Such tokens are then burnt off. This mechanism is a way to share profit to the community of token holders.