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Topic: [ANN][PRE-SALE LIVE] DarcMatter Coin (DMC) - The Global Finance Revolution - page 6. (Read 22571 times)

newbie
Activity: 20
Merit: 0
Congrats on reaching your pre-sale goal. That's impressive. I am wondering if this product actually exists? If so, are there tutorials on how to use it?

Hi Celestio -

DarcMatter is the parent company and platform, that has been operational for 3+ years. DM Coin provides the opportunity to release even more financial technology solutions to deliver on DM’s vision: increase transparency and access within alternatives.. DarcMatter is designing, on top of its already operational global platform, an alternative fund marketplace transaction tool powered by smart contracts and the distributed ledger driven by the blockchain. This will combine the necessary implementation of fund administration, distribution, reporting and logistics, which are highly inefficient between fund managers and investors today.

You can watch a presentation and demo of the DarcMatter platform here:

https://www.youtube.com/watch?v=QbgqZUtXx9E

And you can request a demo at: https://darcmatter.com/

Thanks, team. I appreciate the help and I am glad to see a working product that has been around for some time. I think that's going to go a long way to get more investors in. Also, nice presentation on how to actually log in and start using the DarcMatter platform. Thanks for taking the time to share that.

Awesome! We really appreciate your kind words.
sr. member
Activity: 770
Merit: 250
Congrats on reaching your pre-sale goal. That's impressive. I am wondering if this product actually exists? If so, are there tutorials on how to use it?

Hi Celestio -

DarcMatter is the parent company and platform, that has been operational for 3+ years. DM Coin provides the opportunity to release even more financial technology solutions to deliver on DM’s vision: increase transparency and access within alternatives.. DarcMatter is designing, on top of its already operational global platform, an alternative fund marketplace transaction tool powered by smart contracts and the distributed ledger driven by the blockchain. This will combine the necessary implementation of fund administration, distribution, reporting and logistics, which are highly inefficient between fund managers and investors today.

You can watch a presentation and demo of the DarcMatter platform here:

https://www.youtube.com/watch?v=QbgqZUtXx9E

And you can request a demo at: https://darcmatter.com/

Thanks, team. I appreciate the help and I am glad to see a working product that has been around for some time. I think that's going to go a long way to get more investors in. Also, nice presentation on how to actually log in and start using the DarcMatter platform. Thanks for taking the time to share that.
newbie
Activity: 20
Merit: 0
What percentage of DarcMatter coins are sold during the pre-sale and ICO?

50% of the (1,000,000,000) coins are being sold.

Thanks for your reply. How are the other 50% of coins being distributed?

Hey, I can answer this. According to the white paper, here is the overall coin distribution:

1,000,000,000 DMC – This is a finite supply and will not be increased.

DMC ICO (50%) 500,000,000
Management Reserve (35%) 350,000,000
Developers (6%) 60,000,000
Seed Investors (4%) 40,000,000
Company Reserve (5%) 50,000,000



Thanks for the reply. That distribution seems sound. What happens to unsold DMC tokens?

Hi there! The remaining unsold tokens get burned.
newbie
Activity: 20
Merit: 0
I've been seeing DarcMatter in a lot of articles lately. I also noticed that DarcMatter was awarded with "Best Growth Stage Startup" last year. That's remarkable. What do you think was the main reason for winning that award?

We think the main reason for winning this award was due to our user growth as we continued to build the platform. We were able to onboard more investors in the U.S. and Asia, along with increasing the number of alternative investment firms/funds available on DarcMatter. We were honored to receive the recognition!
newbie
Activity: 20
Merit: 0
I was interested to see that DMC is on the NEM blockchain and not ETH. Why did you guys choose this and what advantages does it have?

We decided to go with NEM vs. ERC20 for a few reasons:
1. The core technology and inception for NEM was specifically created for the more robust financial use case as in the situation with DarcMatter
2. The ease of use with developers and ability to modify the solution we believe to be much better than other blockchains in the market today
3. The ease of a blended public and private use case also drew us as well.
4. PoI (Proof of Importance) is something that is very important to us and we have our own custom modifications to what's important for the network.

In general:
NEM has a very strong team of developers and a great vision which was driven around the development of the underlying technology and its efficient use. There has been significant work that has been put into making the NEM blockchain accessible and modifiable in a much more scalable fashion than others including Ethereum. While the technology is very well designed for platform building for secure transactions such as alternative investments, it also utilizes significantly less power in its harvesting process as opposed to high energy use from mining of other cryptocurrencies; all of which create positive benefits for DMC and DarcMatter.
newbie
Activity: 15
Merit: 0
Is there a public Github link available for this project? If so, can you please link it? TIA

No, currently the code is not available for Github yet. The Github will address the abstraction layer.
newbie
Activity: 20
Merit: 0
Nice job on closing pre-sale tier 1 early. I think this project is very valuable and will make a huge impact on financial services. How is pre-sale tier 2 going and how can I invest?

Hi deeltje! Please email [email protected] for specific details on the presale.
full member
Activity: 588
Merit: 100
What percentage of DarcMatter coins are sold during the pre-sale and ICO?

50% of the (1,000,000,000) coins are being sold.

Thanks for your reply. How are the other 50% of coins being distributed?

Hey, I can answer this. According to the white paper, here is the overall coin distribution:

1,000,000,000 DMC – This is a finite supply and will not be increased.

DMC ICO (50%) 500,000,000
Management Reserve (35%) 350,000,000
Developers (6%) 60,000,000
Seed Investors (4%) 40,000,000
Company Reserve (5%) 50,000,000



Thanks for the reply. That distribution seems sound. What happens to unsold DMC tokens?
sr. member
Activity: 756
Merit: 250
I was interested to see that DMC is on the NEM blockchain and not ETH. Why did you guys choose this and what advantages does it have?
full member
Activity: 512
Merit: 101
Is there a public Github link available for this project? If so, can you please link it? TIA
full member
Activity: 193
Merit: 100
I've been seeing DarcMatter in a lot of articles lately. I also noticed that DarcMatter was awarded with "Best Growth Stage Startup" last year. That's remarkable. What do you think was the main reason for winning that award?
full member
Activity: 486
Merit: 101
Nice job on closing pre-sale tier 1 early. I think this project is very valuable and will make a huge impact on financial services. How is pre-sale tier 2 going and how can I invest?
newbie
Activity: 20
Merit: 0
newbie
Activity: 15
Merit: 0
I didn't expect the pre-sale to end so soon, my fault I admit. But I wonder if you guys have considered putting a cap on how much each person can buy in the early stages of the sale? I know it can hinder the initial hype, but it's nice for the little guys to be able to get in on the action.

For specific info on the presale, I suggest asking directly on their email for the ICO - [email protected]
newbie
Activity: 127
Merit: 0
I didn't expect the pre-sale to end so soon, my fault I admit. But I wonder if you guys have considered putting a cap on how much each person can buy in the early stages of the sale? I know it can hinder the initial hype, but it's nice for the little guys to be able to get in on the action.
member
Activity: 392
Merit: 10
newbie
Activity: 15
Merit: 0
What percentage of DarcMatter coins are sold during the pre-sale and ICO?

50% of the (1,000,000,000) coins are being sold.

Thanks for your reply. How are the other 50% of coins being distributed?

Hey, I can answer this. According to the white paper, here is the overall coin distribution:

1,000,000,000 DMC – This is a finite supply and will not be increased.

DMC ICO (50%) 500,000,000
Management Reserve (35%) 350,000,000
Developers (6%) 60,000,000
Seed Investors (4%) 40,000,000
Company Reserve (5%) 50,000,000

full member
Activity: 378
Merit: 100
What exactly is DarcMatter trying to do? What problems is it trying to solve and how?


DMC was created to tokenize an antiquated system. The long term vision, is to replace the traditional centralized investing processes, with blockchain technology solutions to increase transparency and remove/reduce inefficiencies. DMC will be used for a permissioned blockchain, which is one specific type of private blockchain. While having all the benefits of a blockchain, it also permits for the level of discretion and privacy that is often required for the world of alternative funds and investments in general. DarcMatter will utilize a blockchain based distributed ledger which allows all parties necessary for completion of an alternative fund investment (any distribution intermediary, fund reporting entity, fund manager and/or investor), to concurrently and seamlessly be able to view the current and historical transaction record in full.

Thanks for your reply. That makes a lot of sense and I can see the need for this solution. I am impressed to see you guys already have J.P. Morgan and Merrill Lynch actively using DarcMatter. It is no wonder you guys are having such success in your private pre-sale. I see a bright future for DarcMatter.
full member
Activity: 588
Merit: 100
What percentage of DarcMatter coins are sold during the pre-sale and ICO?

50% of the (1,000,000,000) coins are being sold.

Thanks for your reply. How are the other 50% of coins being distributed?
newbie
Activity: 20
Merit: 0
After I visited the DarcMatter website I have question. Why do you guys need so much investment, and how are you going to spend it? Thankfulness.

Hi Fonneda, here a breakdown of how the investments will be used:

Project Development & R&D 49.04%
Platform Marketing and Networking Development 15.00%
PR & Marketing for the ICO 4.00%
SG&A / Overhead 15.00%
Seed Investor Investments 5.00%
Legal Counsel 2.00%
Regulatory Compliance 3.00%
Shareholder Loans & Reimbursements 2.50%
Management Dividend 2.96%
Developers Bonus 1.50%

For reference, here is the DMC white paper: https://www.dropbox.com/s/6xjqn93875kkcoa/DMC_Whitepaper%20%28v2.3%29.pdf?dl=0
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