Dotlab.app will be a game changer in the world of crypto
Mar 23, 2023
Croatia (Hrvatska), 23rd Mar 2023 – Before going any further, I am not here to give financial advice, and anything in this article is only my opinion. It is not financial advice, nor should any part be construed as such. Please, as always, do your own research and consider your positions before investing in any project.
However, after listening to the AMA with Antonio, I believe that dotlab.app has been built with honesty, trust, and the bigger picture in mind. This is surely a project that will make waves in the crypto world as we know it today! A project with their product launching in advance, rather than the token launch and then the product development, is rare these days, but that is precisely what this team has done.
The project is based on the Arbitrum Chain, a layer 2 solution with many improvements over its layer 1 (L1) predecessor Ethereum whilst retaining many of the numerous benefits it offers. Scalability, speed, and substantially lower fees will ensure substantial growth of this chain and, in turn, allow Dotlab to be there from the start of many user’s journeys into the chain with their ecosystem of products that can only help with the world of crypto becoming safer to both the world of crypto and new users who will enter the crypto sphere directly as a result of the benefits mentioned previously.
Many Web3 users are more than aware of the Ethereum Name Service or ENS domains, with high renewal costs and the possibility of losing your domain if you do not renew in time. However, the team has rectified these issues for the end user with their Arbitrum Name Service or ANS. Once the name is bought, there are no renewal fees, so if the name you want is taken already, it will never be available to buy again from the ANS. The only options available are to buy it from the owner or wait for it to be put onto the Dotlab marketplace in the future, which has a 1% transaction fee from all sales and purchases on the secondary market.
The team has already released their ERC20 token $DTL, which hit roughly 4x just before the AMA on Sunday, with a total supply of 1 million tokens that function in a way that mimics traditional shares and dividend payments to the holders of the token from profits of the self-sustaining ecosystem that has been cleverly implemented.
Announced during the AMA was a gigantic bonus for holders of $DTL that the team, only earlier that day, had decided that rather than the 50% of ANS profits mentioned in the White Paper that they would be putting a massive 80% of ANS profits into the staking pool for rewards for users who decide to stake their $DTL tokens to earn a passive income in $ETH.
The 4th part of the ecosystem is the Dotlab profile, a place to establish your online profile, personal or professional, it’s all up to you with your domain. You can even use it to follow the trades of other wallets, see whether a caller truly has made the X’s they say they have, or if they are just being paid to promote the project they claim to have made so much from.
One of the things that I admired most of all was Antonio’s honest responses, he made no false promises on price action or timelines. I believe he will achieve goals with development, marketing, and partnerships faster than many would believe possible, but he is sensible not to be dragged into making promises that only put pressure onto the team that is not needed. He confirmed that in the short-term roadmap, the community should expect to see CMC & CG, which have already been applied for, UI upgrade & once the staking contracts are ready for all 5 contracts relating to Dotlabs being sent for auditing.
To summarise the above, I believe this project to be a future gem. The way it has been built, and grown, combined with the plans they have in place for the future, including integrations into other dApps and projects, has me super bullish on both $DTL and Dotlabs overall.
Telegram: https://t.me/Dotlabofficial
Website: http://www.dotlab.app/
Media Contact
Organization: Dotlab
Contact Person: Antonio
Email: [email protected]
Website: http://www.dotlab.app
Country: Croatia (Hrvatska)
Release Id: 2303232811
The post Dotlab.app will be a game changer in the world of crypto appeared first on King Newswire.
More News
Exco declarations reveal new roles for ex-lawmakers as minister retains 22 flats
Updated declarations of interest by members of Hong Kong’s top decision-making body have revealed new business ventures and corporate board appointments for several former veteran lawmakers, while constitutional affairs chief Janice Tse Siu-wa remains the biggest landlord among ministers. The Executive Council’s annually updated declarations of interest were published on Thursday in accordance with regulations requiring all members, including senior politically appointed officials, to declare...
Stanford admits AI was used to swap gender, race of student image
"I don’t agree with Stanford making those choices about how we were represented," said Billy Ramirez.
Hong Kong model Abby Choi’s former relatives admit body disposal, deny murder
Slain Hong Kong socialite Abby Choi Tin-fung’s former husband and brother-in-law have pleaded guilty to illegally disposing of her dismembered body, but will still stand trial alongside their father on murder charges as prosecutors prepare to open their case on Monday. The pleas on the two charges were revealed on Thursday after the High Court empanelled a nine-member jury for the high-profile trial, which is expected to last about eight weeks. The seven men and two women will hear evidence and...
China’s next carrier could be its longest – what are Beijing’s plans?
China’s next aircraft carrier could be longer than the US Navy’s largest warship, according to new satellite images that offer fresh clues about how far from home Beijing intends to operate its fleet – and the logistics it will need to do so. Captured on September 4, the images show that work has begun on the bulbous bow of the carrier under construction at Dalian Shipyard in northeastern China, defence intelligence company Janes reported last week. Measurements from the stern to the projected...
Chinese CEOs fly to US on own, await invites to Trump’s state dinner for Xi Jinping
A small group of Chinese CEOs holding US visas has arrived in Washington after travelling separately from President Xi Jinping’s official entourage, according to multiple sources familiar with the matter. But with the clock ticking and the business optics of the Chinese leader’s White House visit hanging on the final twists of diplomatic negotiations, the executives are still waiting to find out whether they will secure a seat at Thursday’s state dinner for Xi. “Beijing’s security protocol is...
3,800 Hong Kong food outlets offering up to 30% off to celebrate National Day
From restaurants and hotels to cafes and market stalls, Hong Kong’s catering industry has banded together to offer discounts of up to 30 per cent at more than 3,800 outlets to celebrate National Day on October 1. Food and catering businesses said on Thursday they would provide an array of tasty deals across the city to mark the 77th anniversary of the founding of the People’s Republic of China. Offers include meal sets at 30 per cent off, fresh food items such as vegetable packs for HK$7 and...
Red carpet vs empty tarmac: Xi’s US welcome fuels debate over Takaichi’s no-show reception
Starkly contrasting receptions for the Japanese leader and the Chinese president in the United States have sparked debate over Washington’s treatment of Tokyo as an ally. Sanae Takaichi arrived in New York at the start of the working week, beginning a trip where she addressed the United Nations General Assembly for the first time as the country’s prime minister. A photo taken on her arrival shows her waving across a relatively empty tarmac at John F. Kennedy International Airport. Footage...
Meta unveils the Muse Charm, a tamagotchi-like device that lets you talk to Muse AI
It was showcased at the end of Meta Connect 2026, but no details about its pricing or release yet, apart from a holiday season release window.
Hong Kong to only admit ‘few hundred’ foreign carers a year under pilot scheme
Hong Kong will admit “only a few hundred” skilled foreign domestic carers for the elderly annually under a new pilot scheme, the welfare minister has said, promising a “rigorous” approach in response to concerns about possible disruptions to the existing helper market. Secretary for Labour and Welfare Chris Sun Yuk-han also said on Thursday that those recruited under the scheme would need skills equivalent to those of health workers at Hong Kong’s care homes for the elderly. He added that...
China trade deal extended through January, Bessent says, as Xi arrives for Trump meeting
Treasury Secretary Scott Bessent said Wednesday that U.S. and Chinese officials agreed to extend their trade truce by two months, after Chinese President Xi Jinping arrived in the U.S. for a summit with President Trump. “We have agreed today that we will extend … the détente, economic détente between the two countries that was scheduled...
Private jet flap scare triggers ‘local standby’ at Hong Kong airport
A mechanical fault on a private jet triggered a precautionary “local standby” at Hong Kong’s airport on Thursday, with the aircraft later landing safely. The Gulfstream G650 reported a flap problem at around 5.21pm, with an estimated time of arrival of 5.53pm, prompting the Fire Services Department and other airport rescue units to deploy personnel to strategic positions along the runway in readiness for immediate assistance. An ambulance was also dispatched as part of the initial emergency...
Xi-Trump summit day 1 highlights: red carpet for China’s leader, Rubio defends visit, and more
We have put together stories from our coverage of Xi and Trump’s meeting in the US so far. If you would like to see more of our reporting, please consider subscribing. 1. Big picture or big deals? What the Xi-Trump summit holds for China and the US With the balance of power shifting between the US and China, the success of this week’s summit hinges not on headline-grabbing deals, but on practical, cautious consensus under a new strategic stability framework, according to Chinese researchers. 2....
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.