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Topic: [ANN][ICO LIVE] Decentralized Capital: fiat assets, BTC, & exchange on Ethereum (Read 1935 times)

newbie
Activity: 34
Merit: 0
how to launch to slack?

Hey lincolnsun,

Please go to https://decentralizedcapital.com/#/slack-invite and then fill out the info to join our slack. Happy to answer any other questions you may have.
newbie
Activity: 38
Merit: 0
how to launch to slack?
newbie
Activity: 34
Merit: 0
Here is our CEO, Alex Wearn, presenting DC at Demo Day in Shanghai. This event was after Ethereum's Devcon2.

https://www.youtube.com/watch?v=0Idws7px6NU
hero member
Activity: 1204
Merit: 539
Please send 13.72 Ether per DVIP to the following address : 0x0d845706ddc11f181303a80828219c714ceb3687

Hi Dev I was wondering about your project I got a little doubt to Invest into your project this ICO use escrow btw ? above I just tried to purchase DVIP token but..

Hi thanks for your interest.

Our sale is being performed via an Ethereum smart contract. All you have to do is send Ether to that address, and the contract will calculate how much DVIP you have purchased and issue it to you automatically (along with any refund of ETH that doesn't purchase at least 0.01 DVIP).

In order to see the DVIP you have purchased you need to add it to your wallet software. Here are the parameters:

Token Address: 0xadc46ff5434910bd17b24ffb429e585223287d7f
Symbol: DVIP
Precision: 2

Please let us know if you have any other questions. Thanks!

Thanks for a good information..at least that make me interested to Invest some ETH to your project..Just waiting a moment before ready to invest there..and I'll ask when i got confused about that

thanks there
newbie
Activity: 34
Merit: 0
Please send 13.72 Ether per DVIP to the following address : 0x0d845706ddc11f181303a80828219c714ceb3687

Hi Dev I was wondering about your project I got a little doubt to Invest into your project this ICO use escrow btw ? above I just tried to purchase DVIP token but..

Hi thanks for your interest.

Our sale is being performed via an Ethereum smart contract. All you have to do is send Ether to that address, and the contract will calculate how much DVIP you have purchased and issue it to you automatically (along with any refund of ETH that doesn't purchase at least 0.01 DVIP).

In order to see the DVIP you have purchased you need to add it to your wallet software. Here are the parameters:

Token Address: 0xadc46ff5434910bd17b24ffb429e585223287d7f
Symbol: DVIP
Precision: 2

Please let us know if you have any other questions. Thanks!
hero member
Activity: 1204
Merit: 539
Please send 13.72 Ether per DVIP to the following address : 0x0d845706ddc11f181303a80828219c714ceb3687

Hi Dev I was wondering about your project I got a little doubt to Invest into your project this ICO use escrow btw ? above I just tried to purchase DVIP token but..
newbie
Activity: 34
Merit: 0
Another ico on ethereum? I will say no.

What do you want? Another ICO on WAVES?  Roll Eyes

This project is something silimar to ICONOMI or I'm tripping here?

Similar in that we both deal with financial products, but I also think you may be tripping a bit Smiley

DC started by issuing fiat backed cryptoassets as ERC20 Ethereum tokens. This is similar to Tether on Bitcoin with their USDT, but much more powerful as it enables customers to use fiat in Ethereum smart contracts (as payment, deposits in escrow, things we haven't thought of yet). We've expanded this to Bitcoin, with BTC.DC, that similarly allows you to use Bitcoin on Ethereum.

Our current development effort is IDEX, where we're providing a secure place to trade these and other Ethereum tokens. IDEX represents an improvement in security over existing exchanges. Traders control their funds using a private key, and there is no central repository of funds for a hacker to target. But like all exchanges it still has to have liquidity, and that's the main goal of selling DVIP. The more customers and liquidity we have, the more valuable the DC network becomes to us and to those who use it.

Iconomi, on the other hand, is creating a platform for managing portfolios of all types of cryptocurrencies. Iconomi could potentially use IDEX for trading, and DC assets for on-chain cash management and real time proof-of-reserves.
newbie
Activity: 34
Merit: 0
Another ico on ethereum? I will say no.

We agree that there is a bit of an Ethereum ICO craze at the moment, but unlike the vast majority of them, our base service is already built and operating. We're not asking for millions of dollars to prove that our business is possible, it's already been delivered.

The number one goal here of the membership sale is to jump-start the DC network. DVIP will give early adopters an incentive to begin using the DC Asset platform, as well as provide the business with revenue that can be used for market making once we get the assets listed on the exchange (like tether we can be used for fiat arbitrage between exchanges, but with much faster settlement times). As our network and transaction volume grow, so does the benefit to our customers and members.

DC also has some other great ideas on the product roadmap, and this membership sale will provide us with the revenue necessary to implement our vision. As mentioned above DVIP holders are eligible for discounts on future products.

As for the decision to build on Ethereum, this platform makes the most sense because of the possible synergies that come from native integration with other Dapps. Our goal is to become a cornerstone of the Ethereum network, the preferred way to pay for and use all of the other great products being built.

adelivered project? Nice, good luck hope you will get the fund you want, how much fund is your target?

Thanks Triload.

If we sell all 1500 memberships at the tier 1 price of $150 we'll raise $225k. This revenue target is enough to deliver IDEX and continue to operate until IDEX is profitable enough to support us.

With free trade fees even a small trader can benefit from a membership. It's not hard to trade $100k per month with $5k in capital, and that one month alone would make the membership worth it. The rest of the months you're trading for free, and when it expires you receive a $150 free fee credit. And memberships are transferable in case you decide it's not for you.

DC assets are the backbone of our other products. A decentralized exchange won't be very popular without the ability to trade fiat, and DC assets allow us to launch and grow with fiat integration in place. We delivered our first product with limited funding, demonstrating that we are able to execute in this space and are more likely to deliver on our expansions than a company with no prototype or live product.
sr. member
Activity: 420
Merit: 250
Another ico on ethereum? I will say no.

What do you want? Another ICO on WAVES?  Roll Eyes

This project is something silimar to ICONOMI or I'm tripping here?
sr. member
Activity: 297
Merit: 250
Another ico on ethereum? I will say no.

We agree that there is a bit of an Ethereum ICO craze at the moment, but unlike the vast majority of them, our base service is already built and operating. We're not asking for millions of dollars to prove that our business is possible, it's already been delivered.

The number one goal here of the membership sale is to jump-start the DC network. DVIP will give early adopters an incentive to begin using the DC Asset platform, as well as provide the business with revenue that can be used for market making once we get the assets listed on the exchange (like tether we can be used for fiat arbitrage between exchanges, but with much faster settlement times). As our network and transaction volume grow, so does the benefit to our customers and members.

DC also has some other great ideas on the product roadmap, and this membership sale will provide us with the revenue necessary to implement our vision. As mentioned above DVIP holders are eligible for discounts on future products.

As for the decision to build on Ethereum, this platform makes the most sense because of the possible synergies that come from native integration with other Dapps. Our goal is to become a cornerstone of the Ethereum network, the preferred way to pay for and use all of the other great products being built.

adelivered project? Nice, good luck hope you will get the fund you want, how much fund is your target?
newbie
Activity: 34
Merit: 0
how much total supply coin?

Can't believe we overlooked this in the full post!

Only 2000 memberships will ever be created. 1500 memberships will be sold in the initial sale, which is already underway,
and the remaining 500 will be reserved by DC for sale at a later date. I've updated the main post to include this.
sr. member
Activity: 1330
Merit: 256
how much total supply coin?
newbie
Activity: 34
Merit: 0
The team's information should be best posted here than only on your website. The photos on your members by the way doesn't look like they are real. Its kinda how declouds did it to scam users. But anyway, I'm interested to see your bounty programs if there is and may probably join if i find it good.

Hey Bittraffic, thanks for the feedback, we're adding our bios to the post now.

As for our website photos, what can I say, maybe they are too high quality?  Wink Here are some more photos of the team at Devcon2 with Vitalik, as well as our CEO presenting our product at International Blockchain Week's Demo Day. We're working to get these added to the post too but are having issues with the imgur links not displaying in line.

Team: https://i.imgur.com/QnK6VG2.png
Demo Day: https://i.imgur.com/Pb833a7.png

Thanks!
hero member
Activity: 3038
Merit: 617
The team's information should be best posted here than only on your website. The photos on your members by the way doesn't look like they are real. Its kinda how declouds did it to scam users. But anyway, I'm interested to see your bounty programs if there is and may probably join if i find it good.
newbie
Activity: 34
Merit: 0
it looks nice  but I do not understand more about it
Please explain it more clearly

Here is a condensed tl;dr, let me know if this helps or if you have other questions!

Products
DC fiat assets are like Tether, but built on Ethereum instead of Bitcoin. This allows for near instant transfer of USD, EUR, etc. anywhere in the world, as well as the ability to use these fiat currencies on Ethereum Dapps (without our product you have to use another crypto like Ether).
IDEX - this is our new exchange product, built using Ethereum smart contracts. It has the speed and ease of use of a centralized exchange, but is much more secure for the trader due to the use of smart contracts.

Business Model
Our standard business model involves a transaction fee. If you use our fiat assets for payment, or make a trade on IDEX, you pay a small fee (anywhere from 0.15% - 0.3% depending on the type of transaction).

DVIP
DVIP is an alternative way of purchasing our product, similar to a gym membership. Those holding DVIP have unlimited free transactions of our fiat assets, as well as unlimited free trades on IDEX, until Jan 1st 2020. On Jan 1, a full membership can be traded in for an additional $150 in transaction fees.

If we look at IDEX for example, by making $60k-100k in trades you will have accrued >$150 in fees. Many traders do that amount of volume in a single day! Couple that with the 3+ years of unlimited services, and you can pretty quickly see how these memberships will be a desirable asset.
hero member
Activity: 1148
Merit: 512
it looks nice  but I do not understand more about it
Please explain it more clearly
newbie
Activity: 34
Merit: 0
just joined the slack to get some information Smiley

Here too, we will see how everything will go. I will follow this thread
yes i also do it. hoping to collect data to join in the next ico

Great! FYI this is our main membership offering, as we mentioned 1500 are available now, and any that are not sold at the end of 30 days will be destroyed.

We've reserved an additional 500 for the company for sale at a later date, but this will most likely be after IDEX is live and as such will come with a much higher price tag. Couple that with the "price floor" bonus of $150 in fee discounts, and this certainly represents the best time to purchase.
newbie
Activity: 34
Merit: 0
Another ico on ethereum? I will say no.

We agree that there is a bit of an Ethereum ICO craze at the moment, but unlike the vast majority of them, our base service is already built and operating. We're not asking for millions of dollars to prove that our business is possible, it's already been delivered.

The number one goal here of the membership sale is to jump-start the DC network. DVIP will give early adopters an incentive to begin using the DC Asset platform, as well as provide the business with revenue that can be used for market making once we get the assets listed on the exchange (like tether we can be used for fiat arbitrage between exchanges, but with much faster settlement times). As our network and transaction volume grow, so does the benefit to our customers and members.

DC also has some other great ideas on the product roadmap, and this membership sale will provide us with the revenue necessary to implement our vision. As mentioned above DVIP holders are eligible for discounts on future products.

As for the decision to build on Ethereum, this platform makes the most sense because of the possible synergies that come from native integration with other Dapps. Our goal is to become a cornerstone of the Ethereum network, the preferred way to pay for and use all of the other great products being built.
hero member
Activity: 882
Merit: 500
just joined the slack to get some information Smiley

Here too, we will see how everything will go. I will follow this thread
yes i also do it. hoping to collect data to join in the next ico
newbie
Activity: 24
Merit: 0
Another ico on ethereum? I will say no.
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