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DVK Token burn triggers 83.36% surge in blockchain gaming market

In a bold move that has caught the attention of both crypto enthusiasts and seasoned investors, the blockchain gaming world witnessed a groundbreaking event – the burning of 3 billion $DVK tokens.

The decision to execute such a large-scale burn, involving 1 billion DVK on KleverChain and a further 2 billion on the Tron Blockchain, reflects a deep understanding of the digital asset landscape, and its subsequent 83.36% surge in $DVK price is a testament to the efficacy of this approach.

To fully understand the reasoning behind the substantial 3 billion DVK token burn, we need to rewind to the last weeks of December, a period marked by strategic maneuvers among the major players in the crypto space.

This sequence of impactful decisions began on December 19th, with Dio Ianakiara’s announcement of stepping down as the CEO of Klever in a public letter on his and Klever’s official channels.

“As I reflect on this moment, it fills my heart with a mix of emotions as I conclude my journey as CEO at Klever. After 25 years of tireless dedication, it’s time for a well-deserved vacation. Yet, my connection to Klever remains strong — I’ll continue as Board Chairman and an engaged community member. Amidst this transition, my soul stirs with excitement and sentiment, fueled by the pursuit of a lifelong dream: To establish a game studio. Additionally, I’m moved by the prospect of sharing the wealth of experience gathered over the years, and offering guidance and knowledge to the public through teaching. The path ahead is both nostalgic and forward-looking, and I embrace it with a touch of heartfelt emotion.”

 

(4/5 In ushering in the promising dawn of 2024, I am delighted to introduce a fresh, dynamic presence at the helm of MoonLabs. Dio, former Klever’s CEO, will be assuming the role of CEO, injecting new energy and vision into our beloved Devikins.
— Sergio N. (@snsjr) January 2, 2024After that, on the second day of 2024, Sergio, the former CEO and a pivotal figure in the development of the Devikins game, decided to step back from MoonLabs executive chair, passing the baton to Dio Ianakiara.)

This change at the top echelons of MoonLabs Studios signifies a strategic realignment and a fresh vision for the studio’s future.

Dio Ianakiara, previously the CEO of Klever, a key player in the blockchain industry, brings a wealth of experience and a track record of success. His tenure at Klever was marked by significant achievements, including the development and popularization of the Klever Wallet, a critical tool in the blockchain and cryptocurrency space. His expertise in leading a company at the forefront of blockchain technology is expected to inject new energy and direction into the gamestudio.

In his new role as CEO of MoonLabs Studios, Dio has outlined a comprehensive strategy aimed at steering the company towards sustainable success and growth. Central to this strategy is a company reorganization with a strong emphasis on resolving existing issues and bugs, rather than rushing to introduce new features.

This approach indicates a shift in focus towards long-term objectives and key results, prioritizing the stability and continuous improvement of the Devikins game.

A major aspect of this reorganization involves restructuring all teams and operations for increased efficiency and effectiveness. Dio’s plan includes a thorough review of all game events to align them with the studio’s new direction.

Additionally, there is a commitment to implementing a more rewarding system for the community, particularly in recognizing contributions such as reporting issues, bugs, and promoting the game through referrals and affiliate programs.

In terms of the DVK economy, Dio’s plan is both ambitious and strategic. It includes burning all DVK tokens used in-game during 2022 and 2023, amounting to approximately 1 billion tokens. This move is part of a broader plan to make DVK a deflationary token, enhancing its value and appeal in the crypto market.

The strategy also involves locking foundation tokens via staking, thereby increasing transparency and trust among investors and players. A monthly burn of all DVK tokens used in the game store is also on the agenda, alongside a reduction in the staking APR from 30% to 4% for 2024.

This comprehensive strategy culminates in the end of DVK migration from the Tron Network to the Klever Network, symbolizing a new era of growth and innovation under Dio’s leadership.

On January Third, 2024, a 3 billion DVK token burn marked a watershed moment in the history of MoonLabs Studios and the broader blockchain gaming sector. This strategic maneuver, executed with precision and purpose, saw the incineration of 1 billion DVK tokens on KleverChain and an additional 2 billion on the Tron Blockchain.

Note: You can check out the transaction hashes both on the KleverScan – https://kleverscan.org/transaction/43c2878eaca09ae5a3d8693cb43f68d7e567e82bc1f0a714b502d6b1c853ecff (no-follow)

And at the TronScan –
https://tronscan.org/#/transaction/516a679cd44277649720f387c7051822874476ea257a5ce6c85c7ff085f8ad7e (no-follow)Why Burn $DVK?

By reducing the supply of DVK in circulation, the studio aims to increase the token’s scarcity and, potentially, its value. This move is aligned with the principles of supply and demand that govern the crypto markets: as supply decreases, and assuming demand remains constant or increases, the value of the remaining tokens could rise.

The market’s reaction to this event was immediate and noteworthy. Within 24 hours of the announcement, the price of DVK surged by 17%, a testament to the confidence and excitement generated among investors and players alike.

(Source: CoinMarketCap – January 3rd,2024)

This price movement underscores the impact of strategic token management on market perception and investor sentiment, highlighting the interconnectedness of game development, token economics, and market dynamics in the blockchain gaming universe.

(Source: CoinMarketCap – January 8th,2024)

In a remarkable display of market resilience and investor confidence, Devikins ($DVK) has surged an astounding 83.26% in the past week, showcasing the burgeoning optimism in the cryptocurrency sector. This bullish trend in $DVK’s valuation not only exemplifies the dynamic nature of the crypto market but also underscores the growing investor sentiment that is tilting decidedly in favor of digital assets.

The surge is a testament to the robust community belief in the long-term potential of $DVK, further fueled by positive developments within the Devikins ecosystem and broader industry trends. Investors, buoyed by this uptick, are increasingly viewing Devikins Coin as a viable component of a diversified portfolio, geared towards long-term growth.

This bullish wave, reflective of the broader market sentiment, signals a renewed confidence in the transformative potential of cryptocurrencies, as they continue to carve out a significant niche in the global financial landscape.

DVK, the native token of the Devikins game, plays a central role in its unique Play-to-Earn (P2E) ecosystem. Developed by MoonLabs Studios, Devikins has carved out a niche in the blockchain gaming world, blending captivating gameplay with the intricate economics of cryptocurrency.

The game, leveraging the attributes of blockchain technology, offers players not just entertainment but also the opportunity to earn through strategic gameplay.

The significance of KleverChain in this ecosystem cannot be overstated. As a blockchain platform, KleverChain provides the necessary infrastructure for a secure and efficient gaming experience. It facilitates smooth transactions and interactions within the Devikins universe, making it a cornerstone of the game’s success.

Back in 2021, MoonLabs Studios made a strategic decision that significantly impacted the DVK ecosystem: the migration of DVK staking from the Tron blockchain to KleverChain. This move marked a pivotal moment in the evolution of the Devikins game. Initially, DVK staking on the Tron blockchain offered a 10% annual percentage rate (APR), but the studio sought to enhance this by transitioning to KleverChain, where they introduced an attractive 30% APR through Klever Wallet.

This shift wasn’t just about higher returns; it represented a deeper integration and optimization of the DVK token within the Devikins ecosystem.The transition process involved encouraging users to convert their DVK TRC20 to DVK KDA, facilitated by the former Klever Exchange, now Bitcoin.me, for more efficient staking.

This historical move, while providing immediate benefits like higher APRs, was also a foundational step towards creating a more unified and efficient gaming experience on KleverChain.

Reflecting on this transition now, in light of the recent 3 billion DVK burning and the leadership changes at MoonLabs Studios, it becomes evident how these early decisions have shaped the current state and future direction of DVK.

The consolidation of operations on KleverChain laid the groundwork for the smooth functioning and expansion of the Devikins game, aligning with the studio’s vision for a cohesive and robust blockchain gaming environment.

Ready to embark on an adventure in the exciting world of Devikins? Experience the thrill of the game where strategy meets blockchain technology. Join the community of players who are already navigating this unique Play-to-Earn ecosystem. Visit Devikins now and start your journey in the captivating universe of Play-to-Earn games.

Don’t just play the game, master it with the Klever Wallet. As an integral part of the Devikins experience, the Klever Wallet is your gateway to managing in-game assets with ease and security. From storing and sending NFTs to seamless interaction with the game, the Klever Wallet is designed to elevate your gaming experience. Download the Klever Wallet today and unlock a world of possibilities in Devikins.

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    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 17.10.25 20:17 tyleradams

    As time passes, there are an increasing number of frauds involving Bitcoin and other cryptocurrencies. Although there are many individuals who advertise recovering money online, people should use caution in dealing, especially when money is involved. You can trust NVIDIA TECH HACKERS [[email protected]], I promise. They are the top internet recovery company, and as their names indicate, your money is reclaimed as soon as feasible. My bitcoin was successfully retrieved in large part thanks to NVIDIA TECH HACKERS. Ensure that you get top-notch service; NVIDIA TECH HACKERS provides evidence of its work; and payment is only made when the service has been completed to your satisfaction. Reach them via email: [email protected] on google mail

  • 17.10.25 20:20 lindseyvonn

    Have you gotten yourself involved in a cryptocurrency scam or any scam at all? If yes, know that you are not alone, there are a lot of people in this same situation. I'm a Health Worker and was a victim of a cryptocurrency scam that cost me a lot of money. This happened a few weeks ago, there’s only one solution which is to talk to the right people, if you don’t do this you will end up being really depressed. I was really devastated until went on LinkedIn one evening after my work hours and i saw lots of reviews popped up on my feed about [email protected], I sent an email to the team who came highly recommended - [email protected] I started seeing some hope for myself from the moment I sent them an email. The good part is they made the entire process stress free for me, i literally sat and waited for them to finish and I received what I lost in my wallet

  • 17.10.25 20:22 richardcharles

    I would recommend NVIDIA TECH HACKERS to anyone that needs this service. I decided to get into crypto investment and I ended up getting my crypto lost to an investor late last year. The guy who was supposed to be managing my account turned out to be a scammer all along. I invested 56,000 USD and at first, my reading and profit margins were looking good. I started getting worried when I couldn’t make withdrawals and realized that I’ve been scammed. I came across some of the testimonials that people said about NVIDIA TECH HACKERS and how helpful he has been in recovering their funds. I immediately contacted him in his mail at [email protected] so I can get his assistance. One week into the recovery process the funds were traced and recovered back from the scammer. I can't appreciate him enough for his professionalism.

  • 17.10.25 20:23 stevekalfman

    If you need a hacker for scam crypto recovery or mobile spy access remotely kindly reach out to [email protected] for quick response, I hired this hacker and he did a nice job. before NVIDIA TECH HACKERS, I met with different hacker's online which turns out to be scam, this NVIDIA TECH HACKERS case was different and he is the trusted hacker I can vote and refer.

  • 17.10.25 21:42 marcushenderson624

    Bitcoin Recovery Testimonial After falling victim to a cryptocurrency scam group, I lost $354,000 worth of USDT. I thought all hope was lost from the experience of losing my hard-earned money to scammers. I was devastated and believed there was no way to recover my funds. Fortunately, I started searching for help to recover my stolen funds and I came across a lot of testimonials online about Capital Crypto Recovery, an agent who helps in recovery of lost bitcoin funds, I contacted Capital Crypto Recover Service, and with their expertise, they successfully traced and recovered my stolen assets. Their team was professional, kept me updated throughout the process, and demonstrated a deep understanding of blockchain transactions and recovery protocols. They are trusted and very reliable with a 100% successful rate record Recovery bitcoin, I’m grateful for their help and highly recommend their services to anyone seeking assistance with lost crypto. Contact: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Email: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 17.10.25 21:42 marcushenderson624

    Bitcoin Recovery Testimonial After falling victim to a cryptocurrency scam group, I lost $354,000 worth of USDT. I thought all hope was lost from the experience of losing my hard-earned money to scammers. I was devastated and believed there was no way to recover my funds. Fortunately, I started searching for help to recover my stolen funds and I came across a lot of testimonials online about Capital Crypto Recovery, an agent who helps in recovery of lost bitcoin funds, I contacted Capital Crypto Recover Service, and with their expertise, they successfully traced and recovered my stolen assets. Their team was professional, kept me updated throughout the process, and demonstrated a deep understanding of blockchain transactions and recovery protocols. They are trusted and very reliable with a 100% successful rate record Recovery bitcoin, I’m grateful for their help and highly recommend their services to anyone seeking assistance with lost crypto. Contact: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Email: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 17.10.25 21:42 marcushenderson624

    Bitcoin Recovery Testimonial After falling victim to a cryptocurrency scam group, I lost $354,000 worth of USDT. I thought all hope was lost from the experience of losing my hard-earned money to scammers. I was devastated and believed there was no way to recover my funds. Fortunately, I started searching for help to recover my stolen funds and I came across a lot of testimonials online about Capital Crypto Recovery, an agent who helps in recovery of lost bitcoin funds, I contacted Capital Crypto Recover Service, and with their expertise, they successfully traced and recovered my stolen assets. Their team was professional, kept me updated throughout the process, and demonstrated a deep understanding of blockchain transactions and recovery protocols. They are trusted and very reliable with a 100% successful rate record Recovery bitcoin, I’m grateful for their help and highly recommend their services to anyone seeking assistance with lost crypto. Contact: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Email: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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