Divi

Divi stands as an environmentally conscious blockchain venture, built around two core ideas: self-custody and simplicity. Staying true to the original vision of making cryptocurrency accessible and easy to use, Divi is committed to simplifying blockchain technology without sacrificing the self-custodial aspect. Additionally, it empowers network users to earn a competitive rate of return (ROR). Utilizing a proof of stake (POS) consensus mechanism spread across a wide range of individual nodes, Divi presents a scalable FinTech solution that is poised for global acceptance.

What sets Divi apart?

Divi was crafted with a completely fresh perspective, culminating in the creation of a unique, patent-pending mobile wallet designed for non-tech-savvy users. The mobile offering, known as DiviWallet, is entirely self-custodial, offering almost immediate global transactions with very low fees. Unlike other yield-generating methods such as centralized exchanges, custodial asset management, or smart-contract custody, Divi asserts that true self-custody is the only genuinely secure form of ownership.

DiviWallet boasts several features that distinguish it from typical mobile crypto wallets:

1. Divi Tags: DiviWallet utilizes a straightforward, human-readable name (HRN) format, simplifying the process of sending and receiving cryptocurrencies by allowing users to choose a wallet contact by name, photo, or avatar, making the experience as intuitive as scrolling through your phone contacts.

2. Staking Vaults: Divi introduced a patent-pending solution for earning staking rewards on mobile devices without compromising on custody. This feature represents a novel technical edge over many existing products.

3. Lottery Block: An additional unique staking feature is an on-chain lottery reward system called the Lottery Block. Addresses that earn a staking reward are automatically entered into the next draw each week.

4. Divi Nodes: Divi has developed a mobile tool that lets users activate masternodes with just one click. This hassle-free design offers complete financial control in your pocket while providing up to 19% ROR. The multi-tier model lowers entry barriers for new cryptocurrency users.

5. Multi-Asset Support: DiviWallet also accommodates numerous popular assets like Bitcoin and Ethereum, with seamless integration utilizing an enhanced secure user experience design to promote wider adoption and compatibility.

6. Deep Liquidity Swaps: Powered by KuCoin, DiviWallet offers top-tier access to deep liquidity with in-app mobile swaps for nearly 300 different crypto assets. Unlike existing swap solutions with high fees and low liquidity, Divi's partnership with KuCoin guarantees secure in-app exchanges at market rates with minimal spreads.

Divi continues to broaden its international partnerships to become a dominant blockchain force globally. Following the completion of goals from the initial whitepaper, a new roadmap was unveiled in September 2022.

Featuring vertically integrated solutions, Divi aims to enable organizations to incorporate self-custodial wallets into their commercial frameworks. Highlights from the roadmap include a robust DeFi protocol to bolster the $DIVI trading market, an innovative liquidity provisioning system for NFTs, and a loyalty platform facilitating swift collaborations and sharing of loyalty assets. Moreover, through the LightningWorks initiative, users will be able to engage with $DIVI via interactive comics, NFTs, and Web 3.0 gaming. Continued integration of additional coins is also anticipated.

The Divi team is made up of skilled professionals from across the globe, complemented by a top-notch tech support team and an engaged, socially aware community. Two prominent founders are Nick Saponaro and Geoff McCabe.

Nick Saponaro, who initially served as Divi's lead full-stack developer, became the Chief Innovation Officer in January 2019 and has recently been appointed CEO. He oversees Divi's blockchain and development teams, drawing on his development experience to achieve Divi’s strategic goals and expand business partnerships. With his exceptional communication skills and clear vision, Divi's future appears promising under his leadership.

Geoff McCabe, former CEO and now Chairman of Divi, is a serial entrepreneur instrumental in the success of several multimillion-dollar enterprises. He is a frequent media presence discussing cryptocurrencies and other financial technologies. Geoff also founded LightningWorks, a media company focusing on blockchain and NFTs that uses $DIVI as its main payment method.