DICP is a contract to store users' basic EOS account profile, which allows the user to edit the profile of an account such as avatar, nickname, description and contact information. With this contract, browsers, wallets, DApps, and individuals can get richer identity information. Of course, this information is only as a reference, is not guaranteed to be completely real. It is more like edit your WeChat or Twitter nickname & avatar on the blockchain. You can easily change your nickname into Trump or Jack Ma, right?
At last, in order to let more users complete the information, DICP refers to some FOMO games' rules:
• In the initial state, anyone can edit information for an account, the initial price is 0.1 EOS.
• The price of each secondary modification is 1.5 times of the previous one, of which 1.4 times is returned to the previous modifier, and the rest is left in the contract for a subsequent contract upgrade.
• If an account has been modified by another account, when the account owner updates the account, he needs to pay half of the previous modification price to the previous modifier.
• When an account is edited by the account owner, no one else can modify the information of the account. Only the account owner can modify the information and the subsequent modification is free of charge.