The Dione protocol secures massive funding and develops one of the most advanced blockchains
The Dione protocol secures massive funding and develops one of the most advanced blockchains
Toronto, Ontario – (Newsfile Corp. – January 15, 2023) – The Dione Protocol and its mission to democratize green energy has been described as a project driving the crypto revolution using renewable energy. The project has now announced that they are building a blockchain, a safe and secure wallet, and a cross-chain exchange for seamless transactions between blockchains.
The Dione Protocol: A new power in charge
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Dione has so far achieved every single one of its milestones and may well succeed where many other popular projects have failed. Dione is one of Saturn’s moons, and it has more significance than meets the eye.
The purpose – from information gathered from the team members – is to achieve the dedicated mission motivated by what the team calls an “About Face”, which means “the mission that seems to accomplish what was once started.” The Dione Protocol is on a mission to democratize green energy. In other words, it wants to make renewable energy available to consumers, bridging the gap between the supplier and the consumer.
Despite being a new cryptocurrency, Dione has already delivered the ‘Dione Wallet’ directly on the App Store and Google Play. They have also delivered the ‘Dione Decentralized Exchange’ well within the original timelines.
Dione’s next step is to deliver its Layer 1 blockchain powered by renewable energy. In comparison, a Layer 1 blockchain is Ethereum, and currently its market cap is $150,000,000,000 (150 billion USD). Currently, the market cap of the Dione Protocol is $3,000,000 (US$3 million).
The Dione Team
The Dione Protocol has garnered a lot of attention, with the recent announcement revealing Ryan Arriaga and Jacob Smith as key team members. In addition, the team revealed another member, Brandon Kokoski, as a project advisor.
Financing secured
“Funding for Dione Blockchain is secured. It’s about time,” said Head of Blockchain Development for Dione Protocol, Ryan Arriaga. This is an important statement, as estimates describe the cost of building blockchains running well into the hundreds of thousands, if not millions of dollars (USD).
Very few cryptocurrency projects see worldwide attention, especially during a bear market such as the one currently experiencing, but Dione Protocol defies all expectations and continues to deliver time after time.
Ryan Arriaga is Head of Blockchain for Dione Protocol.
A couple of reasons why there has been a massive attraction from crypto-twitter (CT), which is building into the thriving community known as “Dionists” are:
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Experienced leadership – One of the most important factors why Dione Protocol has managed to capture the interest of the enthusiasts is the experienced management behind the project.
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Team work – There are effective communication channels between the various teams behind Dione, thus helping to carry out tasks and eliminate errors faster.
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User-oriented guidelines – Every decision at Dione is made considering the effect on the end user, all thanks to the team, and the idea has been successful in the past.
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Clear goals – Clarity with regard to goals is crucial and an important requirement at Dione, and thus helps the project to achieve all its goals.
Ryan Arriaga – Head of Blockchain
Ryan is a passionate entrepreneur with three previously acquired technology companies and over 8 product lines launched in Decentralized Finance (DeFi) under his leadership. As an executive, Ryan previously served as Global Head of Products, launched a wallet from start to finish, and served as CEO of Reflex Finance, launching over 5 DeFi-centric implementations in under 6 months.
Jacob Smith – Head of Web Development
A backend and frontend senior website developer for the past eight years, his passion is currently NextJS/NodeJS, with knowledge of PHP also. Jacob worked as a lead website developer.
Brandon Kokoski – Project Advisor
Brandon has been in the DeFi space for over 2 years as a competent investor/advisor and has accumulated a lot of exposure to business relationships, community building and crypto specific marketing strategy. Prior to cryptocurrency, Brandon gained five years of business experience in the marketing and e-commerce industry. He volunteered in the Emergency Services industry, stemming from a passion to help people find their best.
The CEO, Head of Nebra, Head of Energy, Legal Team and Senior Development Consultant have yet to be revealed, raising many questions and speculations about who else is behind Dione; a project with the most potential seen over the past year and a slow stream of exciting releases.
What to look for in the coming quarters
The delivery of the blockchain will be split into two phases: Blockchain V1 and Blockchain V2. The Dione team has reported that sometime in 2023, V1 of their Layer 1 blockchain will be delivered and launched. This delivery will be split into 2 additional phases, what Dione Protocol calls Orbit 3 and Orbit 4. These phases have yet to be released and provide an opportunity not seen in years.
Any new project in this space lives or dies by its willingness to collaborate and facilitate delivery. This emerges as a key difference between the short-lived ‘hype coins’ versus the projects with real utility, and Dione is a good example of the latter. Dione tracks launch timelines and has proven to be punctual at each milestone. By tracking who supports Dione through social media, Dione has proven to be a fan favorite. Checking in on their community via Twitter and Telegram, Dione has a passionate community of “Zionists” who have shown perseverance, commitment and support. Previous development, execution and planned delivery of a V1 Layer 1 blockchain powered by renewable energy is why experts believe Dione is on the way to success.
https://www.linkedin.com/in/brandon-kokoski-9b3761190/
https://www.linkedin.com/in/ryanarriaga/
https://www.linkedin.com/in/jacob-smith-9a0462122/
Media contact:
Contact name: Brandon Kokoski
Company: Dione Protocol LLC
Email: [email protected]
City: Toronto
Country: Canada
Website: https://www.dioneprotocol.com/
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