💰 The CDT token is at the heart of the CheckDot Protocol, serving a dual function as both credibility and credit by representing "trust" through verification and acting as an "insurance policy" for all transactions.
💻 CheckDot uses decentralized blockchain technology, aided by artificial intelligence, to help DeFi protocols, investors, and crypto users reduce, insure, track, and bet on risks.
📅 Since officially starting in May 2021, CheckDot has been dedicated to protecting DeFi investors and newcomers by identifying high-risk projects and developing the decentralized verification protocol, DVP.
🔍 However, after witnessing the collapse of big DeFi entities, the CheckDot team shifted its focus to the decentralized insurance industry, creating products and services to educate and protect web3 users, now available on the BSC and Ethereum blockchain.
👥 The team behind CheckDot is a young and ambitious group of former developers from the banking and media sector, aiming to considerably reduce the risks of investing in decentralized finance.