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Topic: [ANN] Devest - Decentralized Investment Fund [ICO] - page 2. (Read 2097 times)

hero member
Activity: 1274
Merit: 521
7enius - Your Cryptocurrency Marketing Consultant
Another ICO?

yes this is ICO, and the ICO has started

but i think still need update from dev and team cause the blog has no post yet
legendary
Activity: 1050
Merit: 1000
Another ICO?
sr. member
Activity: 476
Merit: 250
I like the idea but I'm not sure you are the one to do it... I hope you can make this work.
newbie
Activity: 1
Merit: 0
DEVEST

Your autonomous, decentralized investment fund

We are creating a platform which allows for decentralized, completely anonymous (zk), and autonomous, investing on the Bitcoin blockchain. Ownership will be represented through shares. Our goal is to give investors all the benefits of using a mutual fund, such as diversification and scaling advantages, while still maintaining control of their own share. Devescript is the programming language in which smart contracts are written. It is roughly based on Solidity, except Devescript has been tweaked to take into account the different variables when dealing with financial markets and respond accordingly. We have created Devescript to be relatively simple, and user friendly, so that even our users without understanding of code can set up their own proposals, and create their own smart contracts.

Why?

Bringing together investors and venture capitalists to invest in companies, real world stock portfolios or fundraising campaigns. Benefit from the advantages of investing as part of a group while holding your shares directly opens up a whole new world. Using smart contracts on the Bitcoin blockchain, we can achieve secure and fraud-less investing. You can influence the decision making, and sell your shares when you decide it is time to step out. Without fee’s or annual management costs.

Team

  • Nikola Nuspahic - PR & research
  • Sergei Inyushkin - Protocol developer
  • Pranay Ranka - Protocol developer
  • Iram Ishfaq - Protocol & GUI developer

Get your Devest shares using our ICO

The goal of the ICO is to raise working capital for development and growth. More specifically advertisement, development, security, designs, infrastructure etc. Additional funds will be used as initial capital for investing. Devest shareholders will have their vote in where the initial capital will be used for. No shares will be set aside or held for by our developers.

Devest shares are units of measurement used to represent ownership of Devest and are used for voting. Devest shares are tied to smart contracts which are used to set the terms and conditions, such as an escrow fund, for potential investments. In contrary to normal shares, ownership of Devest Shares is fully anonymous and they can be publicly traded at anytime.

The ICO starts 18-06-2016 and ends on 01-08-2016.

ICO address:
Code:
1Es2VEVeDC139XhvZTw48jHn71X5tkebLP
IMPORTANT:
Before investing, please see our webpage: www.devest.io/ico.html

Investors Protection:

While our team breathes the spirit of open-source culture we do believe it's important to protect our early investors. Therefore, this project is closed source for the first months of it's announcement. We do believe, however, that transparancy is key for blockchain technology. Without transparancy we can’t receive any input or help. Nor earn community trust. Therefore, shareholders with more than 1000 shares will still be able to review parts of our code. Once our ICO is finished, we will switch from closed source to open source so that not only our biggest investors but anyone will be able to check out our full code on Github.

*All contributors that invest in our ICO within the first week will receive 10% more total shares.

More information

Website: www.devest.io
General queries: [email protected]
Blog: https://medium.com/@Devestgroup

Path Forward

Our Devest team is currently in talk with Bitcoin conference managers to outline the road ahead of us by giving presentations about our project. These presentations will dig more deep into our vision, code and software development goals. These events will be open to public, and hopefully attract many attendees so we can spread the word about our project. To make sure not to miss out keep an eye on our blog, this thread and our website.



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