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What Is Decentrawood (DEOD) and How Does It Work?
Decentrawood (DEOD) is a Web3 entertainment project that combines gaming, artificial intelligence, NFTs and metaverse-style virtual experiences. Its stated goal is to give users tools to create, own and monetise digital content, including virtual land, games, avatars, wearables and other in-world assets.
The project describes a creator-led model: users can develop or import digital items, turn eligible assets into NFTs and trade them through a marketplace. The intended economy connects virtual experiences with on-chain ownership records, allowing users to buy, sell or manage digital assets through compatible blockchain networks.
DEOD is the ecosystem token. Project materials describe it as the in-world currency for marketplace purchases, including land, NFTs, estates, avatars, wearables and names. Token demand can depend on whether users, creators and trading venues develop meaningful activity, while the token price can also be driven by liquidity and broader market sentiment.
When Did Decentrawood Launch?
Decentrawood’s whitepaper is dated 9 December 2022. It describes research into metaverse-entertainment technology beginning in January 2022, platform conceptualisation in March 2022, team formation in April 2022 and development beginning in June 2022. The document also records an IDO start in October 2022 and a planned NFT-marketplace launch in December 2022.
The supplied whitepaper is a historical product document, so readers should treat its dated milestones as project plans from 2022 and 2023, not as proof that every item is currently live. The current project website highlights Gaming, AI and Metaverse experiences, along with marketplace and community activity.
Who Created DEOD?
The project materials reviewed for this page do not identify a complete, current founding team or provide a current team directory with individual biographies. The 2022 whitepaper records that team building began in April 2022, yet it does not provide enough reliable detail for this page to attribute DEOD to named founders.
For a project where team transparency affects risk assessment, traders should look for current official company information, verified professional profiles and independently auditable product activity before treating historical marketing material as sufficient evidence.
Decentrawood Roadmap
Build creator and marketplace tools: The project’s original direction centres on virtual land, user-generated games, NFTs and marketplace activity. The key measure is whether these features show sustained, verifiable user activity.
Expand entertainment experiences: The current website promotes Gaming, AI and Metaverse product areas. Assess new releases through accessibility, retention and on-chain usage, not announcement volume.
Support digital-asset ownership: Decentrawood presents NFTs and virtual land as core components of its ecosystem. Users should verify ownership standards, marketplace rules and transaction fees before participating.
Develop community participation: The website promotes referrals, social campaigns, NFT incentives and token bonuses. Incentive-led growth can attract attention, while longer-term value depends on creator and user retention after rewards change.
What Is the DEOD Token Utility?
DEOD is presented as the transaction currency of Decentrawood’s virtual ecosystem. The available documentation was published in 2022, so users should verify that each stated use case remains enabled in the live product before acquiring tokens for a specific activity.
1. Marketplace payments: The whitepaper describes DEOD as a way to buy and sell virtual land and NFTs, including estates, avatars, wearables and unique names through the Decentrawood marketplace.
2. Creator-economy transactions: The intended model lets creators build, import or tokenise eligible digital assets, then trade those assets through the ecosystem. This use case depends on active marketplace demand and clear asset rules.
3. Platform participation: DEOD is positioned as an in-world currency for experiences built around gaming, social interaction and digital entertainment. Its practical utility depends on the availability and adoption of live platform features.
BingX has announced a DEOD/USDT spot market, the announcement states that actual market opening depends on deposit requirements. Once the market is live, users can deposit DEOD through the supported BEP20 network, search for DEOD/USDT, review the live order book and choose a Market or Limit order according to their trading plan.
What Is Decentrawood Tokenomics?
The latest official Deod Tokenomics page identifies Deod v2 as a BNB Chain token with a pre-minted supply. It refers to an original 2 billion-token supply and says 110 million tokens were burned in the legacy contract and mirrored as burned in v2. The same page labels the post-burn maximum supply as 189 million, although its listed allocation amounts total 1.885 billion DEOD. Because these figures conflict, this page does not present a single verified total or circulating-supply figure.
The latest official page also states that the v2 contract removed the minting function. It describes a holder migration or airdrop allocation and a seven-year staking and vesting arrangement for old allotted tokens. Traders should verify the deployed v2 contract, wallet balances, vesting-contract status and live circulating-supply methodology before relying on any supply metric.
DEOD Token Allocation
Holder airdrop: 594,300,000 DEOD, intended for migration of legacy minted-token holders.
Old allotted tokens: 564,230,700 DEOD, described as staked for up to seven years.
Staking rewards: 170,769,300 DEOD.
Liquidity reserve: 200,000,000 DEOD for CEX and DEX liquidity.
Marketing and promotion: 195,700,000 DEOD.
Team: 100,000,000 DEOD, described as releasing monthly over 36 months.
DAO and treasury: 60,000,000 DEOD.
These are the latest allocation categories and amounts published on the official v2 page. Their total is 1.885 billion DEOD, which conflicts with the page’s separate 189 million post-burn supply statement. The allocation breakdown is therefore presented as disclosed categories, not as a reconciled cap table. Readers should monitor the official page and on-chain vesting, treasury, team, liquidity and incentive wallets for updates.