DeFinder Capital: review of the main social token on TON

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While Ethereum is preparing for another protocol update as part of its transition to PoS, its closest competitors are strengthening their positions in trending areas. In 2024, investors’ attention is focused on The Open Network blockchain. First (in October 2023), the network set a world record as the fastest and most scalable platform. Numerous partnerships with market leaders followed. In December, the TON team introduced an inscription token standard, leading to unprecedented transaction growth and expansion of the core network.

At this time, a new asset was introduced to the market designed to connect users to The Open Network’s wide arsenal of applications. The developers of DeFinder Capital remain anonymous. According to insider reports, this is the next project of Pavel Durov’s team.

What is DeFinder Capital

DFC is an asset of the DeFinder ecosystem, the first DAO/FAN token and the main cryptocurrency of projects on the TON blockchain with more than 100 services on one platform. The $DFC coin is bought not only by the local community of the project. The asset is purchased by investors, whales and the TON team, who come in directly from the market.

Now the cryptocurrency is in the top 500 on CoinMarketCap and in the top 2 tokens of the Toncoin ecosystem, behind only the main coin – $TON. The market capitalization is $65 million and the daily trading volume is an order of magnitude higher than other assets in the TON ecosystem.

The cryptocurrency was launched in 2023. The token was created as an ecosystem project with an extended ecosystem of products. DeFinder Capital is currently in the works:

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DeWallet. A decentralized cryptocurrency wallet on Telegram.
Arrakken Planet. A crypto-game in Telegram offering to farm DFC.
Arbuz. A clicker for Telegram with an internal token already listed on cryptocurrency exchanges.
DeDonate. A crowdfunding platform for raising funds.

It is also important to note that the project has established its own fund DFC Capital to invest in The Open Network ecosystem, support new initiatives and more. The project team is a community of the strongest market makers, including those who participated in the development of TON.

The DeFinder Capital ecosystem is constantly growing. Due to its wide-open functionality, the native token is able to work in many Web3 services and develop freely on the cryptocurrency market.

DeFinder Capital: review of the main social token on TON — Project website

At the same time, the initial goal of the developers is to popularize the TON blockchain. DeFinder Capital aims to become the #1 project in The Open Network ecosystem and fill the missing niches with products. DFC cryptocurrency is an add-on on top of TON, designed to unite the participants of this market segment.

Project developers

The DeFinder Capital team maintains anonymity. On the project’s website, the main persons are presented by name:

Nick A. is the founder and CEO. This is the leader of the team who controls the overall strategy of the project development. Nick is also responsible for partnerships and shaping the long-term direction of the business.
Brian S. is an investment analyst. His area of responsibility is thorough market research, verifying financial data, and assessing the viability of the project. Brian tests potential investment opportunities for the DeFinder Capital Fund.
Mike K. is a blockchain developer. His expertise is focused on evaluating technology solutions for potential investments. Mike works with teams applying for foundation grants.
Jane M. – Marketing and Community Manager. Responsible for promoting projects. Responsibilities also include managing public relations. Jane also creates and implements marketing strategies.

There is no doubting the expertise of DeFinder Capital’s developers. They have presented a working product line, in which the token has become a connecting link. DFC was created at the end of 2023 without the usual funding and presales. The cryptocurrency was distributed via airdrops, the second part went straight to the market.

In just a couple months, the price of DFC increased more than 30 times.

The coin showed an initially high result, which would have been difficult to achieve without a strong market maker. According to foreign insiders, DeFinder Capital is the next project of TON developers. This is the reason for the anonymity of the team members. Now The Open Network promotes DFC on all its platforms, including internal ecosystem applications.

Principle of operation

DFC is a social token, so the developers are focused on community development. Already now the project has the largest audience in Telegram – more than 500 thousand users. In addition, the community is constantly expanding due to investors and traders who come in from the market. In terms of trading activity, DFC ranks 5th among TON tokens.

The cryptocurrency is community driven with a DAO model around which the DeFinder Capital ecosystem is built. New products are launched to fulfill specific requests of the asset holders and do not directly affect the token’s exchange rate. The price of DFC is formed depending on market demand.

In the future, the cryptocurrency will be integrated into all products of the ecosystem and eventually added to The Open Network applications. The ultimate goal of the developers is to bring the project to a key role in the main network. DeFinder Capital aims to unite all its participants, as Binance did for the global crypto market.

Analysts, however, draw a different parallel. According to experts, TON uses the same model for scaling as Solana. At the same time, Pavel Durov’s team takes into account the mistakes of predecessors and more carefully considers the technological component. DFC plays one of the main roles in this strategy.

Solana first bet on game applications (STEPN), and then launched meme-tokens (BONK). The rapid takeoff of these projects contributed to the scaling of the core network, which was not ready for such high loads.

Unlike Solana, TON is functioning in a stable manner. At the end of 2023, the blockchain set a world record by processing 104 thousand operations per second in a test network of 256 nodes. This was reported by the founder of Telegram Pavel Durov. The record was confirmed by the auditing company Certik.

Now TON is replicating Solana’s scaling strategy with the help of DeFinder Capital, Arbuz and a few other projects. However, BONK is just a tokenized social media meme. DFC, on the other hand, carries a more creative function, connecting users to TON’s many applications.

Issue

The DFC offering is limited. The developers issued 200 million tokens at one time. Half of them were blocked under airdrops, the other half were left for placement on exchanges. Additional issuance is not provided. The structure of cryptocurrency distribution is presented in the table.

Direction	Cryptocurrency volume (%)	Blockchain conditions
Distribution among community members	13	12-24 months
Social activity	37	Not provided
Liquidity support on CEX and DEX	30	No
Rewards to Influencers	10	Not provided
Team reserve	10	12 months

DeFinder Capital Ecosystem

The price of a social token can grow regardless of the number and popularity of available products. What matters is the support of the community and the desire to have cryptocurrency in your wallet. Therefore, the DeFinder Capital team is constantly monitoring the requests of DAO participants and is ready to develop any products they need.

DeWallet

The team created a non-custodial wallet for storing and managing DFC and TON tokens. DeWallet runs on Telegram. The service allows you to receive, send, and exchange cryptocurrency.

It is not difficult to create a wallet. The instructions are as follows:

Go to the Telegram bot via the link on the official website. The button is located in the top menu.
Open the online version of the messenger.
Click on the Launch button.
Accept the disclaimer (developers do not store private keys). Click on the item “Create a wallet”.
Read the brief security instructions and click on the “Continue” button.
24 secret words will appear on the screen. This cid-phrase is the key to the wallet. It should be saved. After that you can continue.
Think up and confirm the PIN-code.

To start using the wallet, you need to deploy it on the network. This will require a transaction in TON.

DeFinder Capital Fund

A proprietary investment fund allows you to scale your ecosystem quickly. DeFinder Capital Fund identifies the most promising projects on the TON blockchain, providing them with financial and expert support. In February 2024, users can access:

Secure service for cryptocurrency donations DeDonate.
Betty Games, a decentralized platform for betting on sporting events.
A clicker with its own token Arbuz.
Coupon platform based on smart contracts DeCoupons.
Telegram game Arrakken Planet and other applications.

Third-party teams can submit their projects for consideration using Telegram. A link to the chat room is available on the foundation’s website.

Arrakken Planet

DFC holders can farm tokens in game form. Arrakken Planet is a strategy game deployed on Telegram. The plot takes users to an unfamiliar planet to engage in battles on the side of one of the great Houses.

The game can be compared to Notcoin – similar story and mechanisms. However, in Arrakken Planet, participants fight against each other rather than clans. This provides deeper immersion and interaction between gamers. In addition, the Telegram project already has its own token as an element of the internal economy.

Instructions for starting the game:

Go to the bot via the link on the project’s website.
Click on the Start button. A beginner is awarded 100 units of bonus gold.
In the list of functions, select the item “How to play”.
Study the rules. Click on the column “Play”.

It is recommended to start with bonus gold to get the first skills and test the strategy. After that, you can replenish the balance in DFC. Tokens will be automatically converted into game gold.

Arbuz

This clicker is Notcoin’s closest competitor, which already surpasses the prototype in the number of visits per day. Participants of the game collect watermelons and perform simple tasks.

Both games have similar mechanics. However, in Arbuz gamers can compete with each other. Unlike Notcoin, the project also has its own token with a clear economy, which is already available on crypto exchanges.

To start the game, you need to:

Go to the bot using the link from the official website.
Click on the Start button, then – “Play”.
Perform tasks and collect watermelons.

Where to buy DFC

As of February 2024, the token is traded on CEX MEXC and two DEXs – DeDust.io, STON.fi. The total volume of transactions with DFC is more than $2.2 million per day. The greatest liquidity is provided by MEXC – 93.4%.

According to insider reports, the team is already in talks with other CEXs, as well as the largest market makers – fund Binance Labs and market maker DWF Labs, which are considered one of the main ones for pumping ecosystems.

This has a positive impact on investor sentiment. To buy on MEXC you need to:

Register with the exchange. Verification will be required if fiat transactions and withdrawal of large sums are planned. For trading cryptocurrency KYC is not necessary to pass.
Go to the spot terminal.
Place a buy order (limit or market). You can use auxiliary orders Take Profit and Stop Loss.

A limit order will be immediately reflected on the chart and in the history of transactions. It can be adjusted or canceled. When the price approaches the declared value, the order will be moved to the stack. The market order will be executed instantly at the current or best value. Tokens will be credited to the client’s exchange account.

Analytics and price forecast

The cryptocurrency entered the market in December 2023 and has been growing almost continuously since then. Small bounces in the range of 7-10% allow investors and traders to build up positions.

The current price high was reached on February 17, 2024 at $2.77 (3435% of the initial high).

Currently, technical indicators on the 15-minute timeframe are giving buy signals. However, the Relative Strength Index and other oscillators are at neutral values. The high RSI (67.54) indicates that the asset is overbought. Therefore, a small technical correction can be expected in the near future.

However, the general positive trend on the coin remains. This is evidenced in particular by the fact that the RSI has held above 60 for several weeks in a row, showing extremely positive momentum even against the background of a parabolic uptrend. On longer stretches, the positive outlook continues. Given the overall positive market momentum, DFC’s price has the potential to rise to $5-10 in the coming months.

Is DeFinder Capital worth buying in 2024

DFC is a promising newcomer to the cryptocurrency market. According to insider information, it is another project of Pavel Durov’s team. A detailed study of the platform shows a clear connection with TON and its developers. DeFinder Capital works to scale the underlying blockchain and offers improved versions of previously tested mechanisms in its products.

The project has already brought investors large profits. However, judging by technical analysis and fundamentals, DFC has not yet exhausted its potential. In a new bull market, the coin can reach the level of $10. The catalyst for growth is likely to be another listing on one of the largest exchanges. It is recommended to keep an eye on the news, because on all aspects, you can see prospects for further growth in the near future.

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Author: Saifedean Ammous, an expert in cryptocurrency economics.