Milestones, Partnerships, and Future Vision
Our recent AMA was a great opportunity to connect, share our vision, and dive deeper into the strategy driving DGMV’s progress. The exchange was filled with insights, reflecting our commitment to innovation and the community that powers our journey.
Jozua opened the session by walking through the evolution of DigiCorp Labs—from its early concept to its current role in providing real-world enterprise solutions. This journey highlights our critical role in driving Web3 adoption in the enterprise space, solidifying our position as a leading force in this transformative sector.
A crucial milestone recently announced was the global partnership with Hitachi, a major validation of DGMV's vision and technological expertise. This collaboration integrates our solutions with Hitachi's established products, opening the door for decentralized technologies to enter global enterprise ecosystems.
We also shared updates on scaling efforts, including team growth and backend infrastructure upgrades, ensuring our products are robust and scalable for large-scale enterprise systems. Central to this is the DGMV token, the backbone of our ecosystem. From securing patents to scaling our infrastructure and developing new solutions, every effort is aimed at enhancing the token’s utility and governance. This token-driven approach ensures that technological progress directly strengthens the DGMV ecosystem while contributing to meaningful growth in the Web3 space.
Despite the challenges of a prolonged bear market, we have demonstrated remarkable resilience and innovation. Through careful prioritization, we advanced key initiatives and product development while effectively managing financial constraints. Reclaiming the LCX funds remains a top priority—a step that promises to significantly bolster our financial strength and catalyze rapid growth. The successful resolution of this matter will open up a wealth of opportunities, enabling us to scale operations and innovations with greater speed and efficiency. These efforts reflect our unwavering commitment to sustained growth and value creation, positioning us to fully leverage the upcoming market rebound and expand our influence in the ever-evolving blockchain and cryptocurrency landscape.
With a solid foundation now in place, we are focused on enhancing the DGMV token’s engagement and utility across the ecosystem. By prioritizing genuine value delivery, we aim to drive sustainable growth and expand the DGMV token’s influence in the Web3 ecosystem.
DigiCorp Labs is redefining governance with the xDGMV token and an innovative Reputation System, ensuring a balanced and inclusive approach to decision-making within the ecosystem. These mechanisms prioritize active participation, rewarding meaningful contributions while maintaining fairness for all community members.
The xDGMV token represents $DGMV tokens locked in governance contracts, providing holders with governance rights and influence over key ecosystem decisions. It’s designed to empower the community to shape the future of DigiCorp Labs through active participation. This decentralized approach ensures that key decisions and developments are driven by the community, aligning with the needs of those who actively participate in the ecosystem
Complementing the xDGMV token, the Reputation System goes beyond token holdings by rewarding members for their contributions to the ecosystem. Whether through governance participation, product usage, or community engagement, this system promotes fairness and incentivizes positive actions.
Together, the xDGMV token and Reputation System form a robust framework for collaborative growth, ensuring that every voice matters in building a sustainable and thriving ecosystem.
Recognizing the importance of trust in Web3, we announced the upcoming launch of a transparency dashboard on the new DigiCorp Labs website as a second-stage rollout. This will provide clear insights into token usage and distribution. As the cryptocurrency market continues to expand, with over 420 million crypto owners worldwide and a projected $12.9 billion Web3 market by 2028, this growth underscores the increasing potential and vast opportunities within the Web3 space.
DGMV’s product suite has evolved to focus on three core areas:
Our smart layer technology stands as a cornerstone of this evolution. Designed to integrate seamlessly with existing Web2 systems, it adds Web3 capabilities without requiring costly or disruptive overhauls. This approach minimizes barriers to implementation, making our solutions attractive to large enterprises while providing the flexibility to scale and adapt. These advancements position DGMV as a leader in bridging legacy systems with decentralized technologies.
Later in the AMA, our CTO, Weynand Kuijpers, delivered an in-depth update on DGMV Labs’ smart layer technology. He explained how our technology enhances Web2 systems by seamlessly integrating Web3 capabilities. Highlights included:
Key Takeaway: These elements ensure our solutions meet enterprise demands, offering a secure, compliant, and future-proof framework for digital transformation.
As we move forward, DGMV is poised at a pivotal moment. Our mission remains focused on building decentralized infrastructures that enhance operational efficiency and integrate with existing systems. By prioritizing decentralization, zero-trust models, and metadata management, we’re ensuring that our solutions are secure, scalable, and ready for mass adoption.
Strategic partnerships with leaders like Protinus and Hitachi Vantara are accelerating our ability to deliver innovative solutions to market, positioning us at the forefront of the Web3 revolution.
Historically, groundbreaking innovations often follow a predictable path: they begin with GroHistorically, groundbreaking innovations often follow a predictable path: they begin with industry leaders, expand into mid-market solutions, and eventually validate smaller, agile projects like ours. As Web3 adoption accelerates, we are well-positioned to capitalize on this shift, focusing on:
With our strong foundations, strategic partnerships, and clear vision, DGMV is prepared to embrace the challenges and opportunities ahead.
Entering the Year of the Wood Snake, we step into a period of reflection, transformation, and opportunity. Representing wisdom and adaptability, the Snake aligns perfectly with our strategy. The Wood element’s focus on growth and renewal mirrors our ambitions for 2025—a year that promises innovation and bold progress.
With resilience and a strong foundation, we are ready to capitalize on the growing shift toward decentralized technologies.
The next AMA is scheduled for early Q1 2025 (February/March). We look forward to sharing more updates as we kick off the new year!
++++
AMA: Your Questions Answered
How will the Hitachi partnership affect sales?
We are excited about our partnership with Hitachi Vantara as a global ISV-certified partner. This collaboration allows Hitachi account managers to offer our solutions worldwide, integrating them with the needs of existing Hitachi Content Platform customers. This creates a vast market opportunity. Our joint marketing efforts, launching at the end of Q1, will focus on customer acquisition and strengthening our global presence.
Can we trust DigiCorp's claims about the lawsuit with LCX?
Trust is earned through transparency and action. While LCX has not publicly commented, our claims are well-documented and have been submitted to the appropriate authorities. We are committed to providing updates and encourage the community to assess the situation based on the evidence and progress.
What is the status of the lawsuit with LCX? Is there a court date yet?
The legal proceedings are ongoing, with the process taking longer due to several legal options being pursued, along with LCX's lack of cooperation and transparency. More than 50% of the ICO raise, valued at $4.8 million USD, was allocated to a payout agreement. Of the $2.6 million USDC owed under this signed agreement with Monty Metzger, only 100,000 USDC has been paid to date. The case has been notified to the FMA in Liechtenstein, and we are pursuing all available legal avenues, including potential actions against LCX leadership. We anticipate providing a new update early 2025.
What role does the DGB chain play in your products?
As early supporters of the DGB chain, we’ve leveraged its robust Layer 1 infrastructure as the backbone for several of our DGMV-SmartLayer solutions, ensuring a secure and scalable foundation. While we integrate DigiByte wallet technology into some of our identity and access management tools, much of our technology remains proprietary. Our approach is blockchain-agnostic, allowing us to work with any distributed ledger that supports arbitrary data—be it a UTXO-based chain or other EVM-compatible blockchains. Ultimately, our Web3 approach puts the user in control, allowing them to select the blockchain that best fits their needs.
Are products being sold, and is revenue meeting expectations?
Our DGMV-ID currently has 240 active users, many of whom have transitioned from the old solution. While revenue has not yet reached its full potential, we are aligning our sales strategy with Hitachi's go-to-market plan to ensure a robust and sustainable entry into the enterprise market.
Will a CEX/DEX listing depend on the lawsuit resolution?
While we are considering listing options, our decisions are primarily guided by broader strategic goals and long-term value creation for the community. At this stage, pursuing listings does not align with our core priorities. Our focus is on building a robust DEX experience and driving organic demand. Once the DGMV suite achieves wider market adoption, CEX listings driven by utility will become a realistic option. Listing now, without that foundation, would be premature and lead to unnecessary costs.
What is the focus for 2025?
Our 2025 roadmap emphasizes:
• Integrating our Smart Layer technology.
• Enhancing our Digital Suite.
• Strengthening our partnerships and token ecosystem.
Further details will be unveiled in Q1 as we prepare for a transformative year ahead.
Can client onboarding be tracked via DGMV accounts?
As part of the second stage of improvements to the Digicorp Labs website and the DGMV ecosystem, a new dashboard will be introduced to provide transparency on token circulation and ecosystem activity. While account-level tracking won’t be possible due to privacy considerations, this tool will offer insight into token usage and ensure accountability. However, client onboarding will not be directly tracked at the account level.
++++
