Dvision Network Announces the Cold-storage Integration With Binance Custody

Source : coinquora.com

  • Dvision Network’s native DVI token gets cross-chain support on Binance Custody.
  • The Binance Custody will provide cold-storage support for Dvision Network.
  • The Binance Custody will provide cold-storage support for Dvision Network

Dvision Network, a blockchain-based NFT metaverse platform, has been listed on Binance Custody, CoinQuora has learned.

According to the Dvision team, Binance custody will support deposits and withdrawals of Dvision’s native token, DVI, on its platform. The support for DVI token on Binance Custody will be provided in a cross-chain manner, adding support for both ERC-20 and BEP-20 versions of the Dvision’s native token.

DVI holders can now store their tokens in the offline, cold storage system of Binance Custody. Moreover, Binance Custody users will get to access DVI in a fully compatible storage service.

Binance Custody was established to provide security and trust-based services for digital asset investors who invest in the digital asset space. As a regulated and compliant service, it provides a secure and robust asset storage platform to users. Earlier in March, Binance Custody announced it had secured cold storage insurance that protects cryptocurrency stored in cold storage against named peril.

Earlier this week, Dvision Network announced its new LAND staking feature to help boost virtual plot utility in its ecosystem. Since then, over 10,000 LANDs have been sold through several platforms, such as Binance NFT, OpenSea, Shopify, and NFTb.

Notably, the staking period is separated into three stages: one month, three months, and six months. The longer the staking period, the higher the pay-off. In addition to this, “Random Building Boxes” will also be distributed, starting on the 90-day staking period.

The Dvision team said that the LAND staking feature is the first utility to be linked to the virtual plots ahead of the “Meta-Cities” official launch. Meta-Cities is said to be the space where users get to use their LANDs to promote their content.

It should be noted that Dvision Network got supported on Coinbase Custody early last year. Since then, Dvision has been integrated with Coinbase Wallet, Bitski, Wallet Connect, and Fortmatic. These developments has provided more users access to Dvision’s metaverse ecosystem.