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DeStore Highlights Success with Astar(ASTR) dApp Staking Program

by crypetonews
June 5, 2024
in Blockchain
Reading Time: 2 mins read
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DeStore, a project focused on merging physical and digital assets, recently reflected on its experience with Astar(ASTR) Network’s dApp staking program. Dustin Lee, co-founder and CMO of DeStore, shared insights about the program and the future of tokenized real-world assets.

Experience with Astar’s dApp Staking Program

Dustin Lee highlighted the benefits of Astar’s dApp staking program, which rewards developers for building applications and the community for supporting them. He emphasized that the program helps projects find the right demographic and encourages innovation. He noted that many projects in the ecosystem often lack uniqueness, but Astar’s robust ecosystem and community support make it easier for new projects to gain traction and earn rewards.

Future of Tokenized Real-World Assets

Lee discussed the growing trend of tokenized real-world assets (RWAs) and their potential for future growth. He believes that enterprise and institutional adoption will continue to drive the credibility and expansion of tokenized assets. DeStore aims to capitalize on this trend by providing tools for developers to create digital twins that verify the authenticity and ownership of both physical and digital assets.

DeStore’s Media Presence

DeStore recently garnered attention by appearing on the Discovery Channel, showcasing its web3 marketplace to a broader audience. Lee expressed excitement about the exposure and the potential for increased understanding and acceptance of digital twins and Phygital NFTs (non-fungible tokens).

Recent Milestones

DeStore has achieved several milestones, including the release of the DEAR (Decentralized Augmented Reality) wallet, which aims to provide a seamless onboarding experience for both new and experienced web3 users. The wallet was introduced at the Decentralized Lugano event.

Additionally, DeStore launched its corporate website and a landing page for projects interested in utilizing its minting standards for real-world assets. The company is also reintroducing Casascius coins, physical Bitcoin tokens, as collectible items paired with digital NFTs.

DeStore is currently seeking investors to support its growth and further development. Interested parties can reach out via email at [email protected].

About DeStore

DeStore aims to redefine eCommerce by integrating hybrid real-world and web3-based Phygital assets, bridging the gap between physical and digital worlds.

For more information, visit Astar Network.

Image source: Shutterstock

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