DYOR.io
DYOR.io is an analytical product on The Open Network blockchain designed to simplify researching projects and facilitate mass adoption of crypto and TON.
Formerly known as Find & Check, DYOR.io provides insight into tokens, projects, and their teams in a simple, presentable format that is friendly to crypto newbies as well as veterans.
Launched on November 15th, 2023 by the FCK team, a group of developers building analytical products on TON, DYOR.io allows users to view token prices, number of holders, liquidity charts, transactions, and much more in one platform. It helps the user with necessary details regarding a project and reduces the possibility of scams.
DYOR is a widely used term in crypto, meaning, ‘Do Your Own Research.’ It serves as a reminder of the crypto market's volatile and unpredictable nature. With so many ‘promising’ projects to look into daily, the phrase reminds investors and enthusiasts to independently research and understand a project before apeing (impulsively investing) into it.
Products
The DYOR platform offers different products designed to address specific use cases of TON network. Some of these products are still in development and will be released soon.
DYOR ninja
DYOR ninja is the most used utility tool on the DYOR platform, presenting users with a visual metric of all the tokens on TON blockchain, simplifying token research and promoting token transparency for founders. Users can:
- Track token price, token distribution, and liquidity supply,
- View token trust scores based on community votes, and also vote for tokens.
- Identify verified tokens that have undergone and passed the platform’s verification process.
The Explore service currently supports tokens, with ongoing development for NFTs and Dapps.
When viewing a token, the creation date, market cap, total supply, and other metrics are displayed.
$DYOR coin
Formerly known as the Find & Check coin, the $DYOR coin is the governing token of the DYOR.io platform, integrated into all of its products. The coin allows holders to vote for tokens, increasing the token’s trust score and visibility. It also enables participation in presales, access to advanced functionalities on cut.tg, and the creation of tokens using the minter.
The total supply of the coin is 300,000, with 50.29% available in the market and 49.71% distributed in Liquidity, growth, IDO, and the Team as of June 2024.
$DYOR coin with a detailed graph and overview of the token
DYOR Minter
The DYOR minter enables any TON blockchain user to create and manage tokens directly on the network, without needing technical knowledge of TON SDK.
Once minted, the minter deploys the token on the blockchain and is available for trading on decentralized exchanges. The DYOR platform updates the token’s data after the token’s first trade.
DYOR Presale
DYOR presale is an open platform for projects to receive funding from investors before the token's launch. The presale platform allows participants to purchase tokens at a fixed price before listing and also serves as a means of funding for the developers. The platform also offers a vesting mechanism for project owners, which, when implemented, releases a portion of the minted tokens in a controlled manner specified by the team.
When a token presale starts, the project expects to receive a minimum amount of funding (soft cap) and a maximum limit (hard cap), which can sometimes be exceeded. The presale runs for a fixed period. If the hard cap is achieved before the set period, the presale is concluded, and minted tokens are automatically sent out to investors in a specified format.
If the presale's set period runs out and at least the soft cap has been achieved, it is also concluded. If the set period elapses and the soft cap is not completed, the presale is cancelled, and funds are refunded to investors.
The presale platform addresses challenges faced by founders, such as advertising campaigns, wallet snapshots, and token distribution to investing wallets. The DYOR presale platform is available to projects through contact with the platform.
Analytics bot
The DYOR analytics bot on Telegram tracks tokens on the blockchain, sending real-time transaction notifications for tokens and wallet addresses. It is a premium app with a limited free version allowing users to set buy/sell alerts of tokens at certain volumes, monitor activities of specific wallets, receive price alerts, and also get notification of new token and liquidity pool boosts.
NFT
The FCK Private Keys were first offered to the initial users of the DYOR.io platform. Subsequently, an NFT auction will be carried out whenever there’s an update on the DYOR platform. There are 999 FCK Private Keys and 55 currently in the market.
Holders of the FCK Private Keys receive allocations in all projects released on the DYOR presale platform. In addition, NFT holders benefit from free voting rights on the DYOR voting system and are entitled to free access to all future products released on DYOR.IO. The platform intends to eventually add more privileges to holders of the FCK Private Keys.
Cut.tg: Link shortener for Telegram with analytics and advanced features using the DYOR coin.
Localization
The DYOR platform is currently available in 8 languages (English, French, Polish, Ukrainian, German, Korean, Vietnamese, and Russian) and plans to accommodate as many more as possible to enable every user to do research without a language barrier.
Partnership
DYOR.io has also partnered with different TON builders, DEXes such as STON.fi, DeDust, and Swap.coffee, and integrated them into its platform to enable seamless token transactions.
The platform also partnered with GasPump to offer alternative, faster solutions for launching tokens due to the time-consuming nature of their presale procedures.
The platform also partners with Polyton, a service similar to GasPump currently in development. It enables anybody to launch their tokens in a few steps while securing user investment from possible rugpulls and snipers.
In Development
DYOR hub: A mobile version of the DYOR website built on the Telegram mini app platform. Users will be able to access all the features of the DYOR platform, DYOR ninja, minter, presale, and others directly on the Telegram app.
DYOR wallet: A mobile/desktop wallet to access and manage crypto assets.
Bubbles: Explore the token market in a bubble-like visualisation.
DYOR Graph: Explore TON blockchain in a graphic interface.
Gems: A hub for token founders.