Datamall Chain, an open source blockchain platform, announced its mainnet will be live on August 4 at 12pm UTC. At the same time, its token $DMC will make debut on centralized exchanges, to be listed on Gate.io, LBank and BitMart.
Datamall Chain aims to provide a decentralized and scalable solution to storage. It creates a matchmaking marketplace for data storage demanders and providers. By staking $DMC, storage providers become nodes of Datamall Chain and participate in mining, and storage consumers can purchase storage capacity from the providers with $DMC. With the help of innovative products, such as graphical mining pool management software and personal Web3 terminal called foggie, users can easily use Web3 storage or participate in $DMC mining with one click without complicated settings.
$DMC is the governance and utility token of Datamall Chain, with a max supply of 1 billion tokens. 60% of the token will be distributed to miners, 20% to eco operations, 15% to marketing, and 5% to the Datamall Chain team.
Related: Datamall Chain - Next Generation Decentralized Storage Public Chain Based on CYFS
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