Dechat

Introducing Dechat

Dechat, a pioneering open and secure web3 communications protocol, redefines user interactions in the decentralized digital landscape. With a visionary commitment to blending the simplicity of mainstream messaging apps with the robust security of Web3 technology, Dechat empowers decentralized communication. Dechat is uniquely positioned to bridge the gap between traditional and decentralized communication offering the convenience of mainstream apps with the benefits of cutting-edge blockchain technology.

Unlike traditional messaging apps, Dechat is a comprehensive solution designed for the decentralized age. Its intuitive interface facilitates seamless peer-to-peer communication, secure large group conversations, and versatile messaging options, including text, files, images, voices, videos, and custom messages. Emphasizing privacy, Dechat decentralizes data storage, encrypts end-to-end communications, and safeguards metadata. The platform extends beyond mere messaging, allowing users to discover content, transact digital assets like tokens and NFTs, and engage in rich media communication.

Highlights

• A community base of over 500,000 individuals across various social media platforms.
• Partnership with major brands and launch partners in the web3 space.
• Accessible on the App Store for iOS users and is also downloadable on Android mobile devices.

Features

1. In-App Chatting:

• Peer-to-Peer Communication: Direct, secure communication channels between users.
• Encrypted Large Groups Communications: Safe and private group conversations, even in large settings.
• Rich Messaging: Versatile messaging options, including texts, files, images, voices, videos, and custom messages.
• Push Notifications: Stay updated with timely alerts for new messages and interactions.

2. Decentralized ID:

• Wallet-Based ID: Identification linked to users' digital wallets for enhanced security and ease of use.
• NFT-Based ID: Utilize NFTs as a unique form of user identification.
• NFT-Based Chatroom: Engage in chat rooms centered around specific NFTs, fostering a community of shared interests.

3. Digital Asset Commerce

• Token & NFT Airdrops: Participate in the distribution and reception of tokens and NFTs.
• NFT Swaps: Trade NFTs in a secure and user-friendly environment.
• Group Gifting: Collaborative gifting feature using digital assets.

4. Privacy Preservation

• No Centralized Server: Reducing vulnerabilities by decentralizing data storage and management.
• End-to-End Encryption: Ensuring private and group chats remain confidential.
• Metadata Encryption: Protecting the metadata associated with communications.
• Data Storage Encryption: Additional security for stored data.

5. Rich Communication

• Encrypted Voice Calls: Secure voice communication options.
• Encrypted High-Quality Video Calls: High-definition video calls with privacy and clarity.
• Multi-User Voice/Video Calls: Group calls with advanced security measures.

6. Multi-Platform Support

• Broad Compatibility: Accessible on iOS, Web, Android, and more.
• Multiple Devices Online Status: Manage and synchronize your Dechat experience across various devices seamlessly.

Roadmap

Dechat's developmental roadmap outlines a strategic progression, starting with communication decentralization and the implementation of P2P messaging in Q4 2023. Q1 2024 sees a focus on privacy, performance, and the introduction of Dechat Pay, reaching over 100k installations. The subsequent quarters highlight the journey toward full decentralization, marked by edge node operations, NFT-based relations, and the release of Dechat Card, surpassing 500k installations. Q4 2024 signifies a pivotal moment with main-net incentives, the main-net launch, and a shift to a fully open-source model, culminating in over 1M installations. This roadmap underscores Dechat's commitment to continual growth and innovation in the decentralized communication space.

Revenue Streams

1. API Access for Developers

• Usage Fees: Charging developers a fee for accessing Dechat's API to build or integrate their applications. This could be a subscription-based model or pay-per-use.
• Tiered Access: Offering different levels of API access, from basic to advanced, with corresponding pricing tiers to cater to a range of developer needs.

2. BRC20 Inscription Marketplace Fee

• Transaction Commissions: Earning a percentage from every transaction made in the inscription marketplace, such as buying, selling, or trading inscriptions.

3. Premium Subscription and In-App Purchases

• Subscription Plans: Offering monthly or yearly subscription plans with additional features like enhanced data storage, custom themes, or ad-free experience.
• Microtransactions: Allowing users to make in-app purchases for exclusive content, digital goods, or additional functionalities within Dechat.

4. Advertising

• Targeted Ads: Displaying non-intrusive, targeted ads within the app, with a focus on cryptocurrency, blockchain products, and related services.
• Sponsored Content: Collaborating with businesses for sponsored posts or content within the app, ensuring it aligns with user interests and provides value.
• Ad-free Option: Providing an ad-free experience for premium subscribers, adding an incentive for users to upgrade their subscription.

Tokenomics & Token Utilities

• Token name: DECHAT
• Token Ticker: $CHAT
• Token Standard: BEP-20
• Network: BNB Smart Chain
• Total Supply: 25,000,000
• Fully Diluted Valuation: $13,750,000
• Initial Market Cap Without Liquidity and Incentives: $378,500
• Initial Market Cap: $928,500

Finceptor's investors will participate in the Pre-sale 2 Round with a 9.1% discount to the public round and will have 10% of their tokens available at launch.

Pre-sale 2 Round cliff/vest schedule: 10% TGE Unlock, followed by 12 months monthly linear vesting.

$CHAT plays a crucial role within the Dechat Ecosystem, offering diverse functionalities:

• DAO Governance Rights: Holders can participate in voting to determine the future development and major decisions of Dechat DAO.
• Airdrop Participation: $CHAT holders can claim airdrops of tokens associated with projects that collaborate with Dechat.
• Staking for Rewards: Staking $CHAT within the Dechat app allows users to earn a fixed annual income from financial management.
• Super Node Mining: Users can pledge a certain amount of $CHAT to become a super node, contributing to community expansion and receiving annual dividends up to 25% from the mining pool. Holding $CHAT is integral for becoming a super node, contributing to community expansion, and enjoying associated rights and incentives.
• Burning Mechanism: $CHAT tokens need to be burned for various purposes such as opening live broadcast rooms, public meeting rooms, accessing the API, minting identity NFT, community official certification and crypto credit card access.
• Token-based Identification: $CHAT is linked to users' digital wallets, providing enhanced security and ease of use as a form of decentralized identification.
• Access to Exclusive Features: Users may need to hold $CHAT for privileged access to certain features, spaces, or online and offline events within the Dechat ecosystem.
• Participation in Chat to Earn: Incentives are provided in $CHAT for users who invite friends, promote the Dechat ecosystem, or engage in certified projects. Users receive $CHAT rewards for completing daily activities such as logging in, checking in, and maintaining a certain level of activity.

These utilities reflect the multifaceted role of the $CHAT token within the Dechat ecosystem, combining governance, staking, participation in events, and access to various features and financial opportunities.

Marketing & User Acquisition Strategy

Dechat's go-to-market strategy involves a targeted approach to introduce its decentralized communication platform to the digital landscape. Identifying a specific user base, the platform positions itself uniquely, emphasizing its value proposition and distinct features. The launch is meticulously planned, considering market trends and potential competitors.

User acquisition spans diverse channels, leveraging social media, influencers, community engagement, and strategic partnerships within the Web3 ecosystem. Concurrently, Dechat focuses on building a robust community, engaging users through various online platforms. The marketing strategy is comprehensive, encompassing content creation, social media outreach, AMAs, influencer collaborations, and participation in industry events. Partnerships are a key aspect, enabling integrations and collaborations within the broader Web3 space.

The iterative feedback loop ensures continuous improvement and responsiveness to user needs, contributing to Dechat's growth and success in the dynamic decentralized communication landscape.

Team

The Dechat team is led by a group of highly qualified individuals with diverse expertise in the blockchain and Web3.0 space.

James I. Radford, the CEO, brings his deep involvement in the blockchain industry, overseeing the planning and management of the entire Dechat project. With a Bachelor's from the University of Hawaii at Manoa, Radford has extensive experience in product development and business consultancy, actively advising other Web3 projects.

Andy Demetriou, the CMO, holds a Bachelor's from the University of Portsmouth and excels in WEB3.0 market operations, managing the marketing aspects of Dechat. His experience in marketing consultancy adds valuable insights to the team.

Daniel Drescher, the COO, serves as the Administrative Vice President of the University of Florida, steering resource expansion and blockchain market integration. Drescher's diverse background in sales, marketing, business development, consultancy, and product management across different firms enhances the team's capabilities.

Together, this well-rounded team is positioned to drive the success of Dechat through their collective expertise and commitment to the project's goals.

Investors & Partnerships

Dechat's decentralized communication platform is fortified by a diverse network of over 100 collaborators, including notable names such as BNB Chain, OKX Chain, Friend3, Spores Network, Questn, Coin98, Port3, DexCheck, zkLink, NFPrompt, Readon, ChainGPT, DMail, StarryNift, AiTech, OpenFabric, and SecondLive. These strategic partnerships contribute unique strengths to Dechat's ecosystem, positioning it for ongoing success and innovation in the competitive blockchain landscape. Notably, Dechat will be launching on prestigious launchpads, solidifying its commitment to a successful market entry. The platform is further guided by experienced advisors from diverse global backgrounds, ensuring a wealth of expertise in blockchain technology, product development, and business strategy.

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