Thanks Frank, glad to be a part of the bitcointalk community
I'm sorry if our message is not clear, I'll try to explain it with a bit of background info. Most of us have been trading for a long time, on the stock market and later on the cryptocurrency market, with success. Hansco Leek actually worked as a day trader for many years, trading stocks and derivatives on the floor in Amsterdam (please see his profile), he was successful too! After that he and his brother, Corben Leek started an internet business that is thriving now. Except for Hansco Leek and Corben Leek we are all connected professionally.
Maybe Hansco should update his Linkedin, The first thing I do when checking out the team is go to Linkedin
We've anticipated a future where stocks can be traded on the blockchain. Where we'd never have to stop trading, near instant transactions, no need for third parties, no downtime, no DDOS, no need to login or identify. That would be great! Now, we believe that in order for that to happen, we need decentralized derivatives. The decentralized stock market (or any market) on the blockchain should not offer it's participants less, but more options and securities in order to become mainstream. Also, our derivatives can contribute to a less volatile market, which is a good thing for everyone involved.
So, the idea of decentralized derivatives was out there. DCORP is there to give structure to and arrange ownership of the derivatives exchange (and other projects but I'll get to that soon). Much like the relationship between Alphabet and Google. DRP is the token, you can compare it to a share in DCORP, that acts as proof of ownership and entitles to voting right and possibly dividend. DRP and DCORP also ensure that there is a user base of involved people, everyone has DRP believes in the project and converted ETH to get it! That's great because now we can involve our community in the development process of the exchange, we end up building an exchange that people want, instead of what we thing that people want.
mainstream. Also, our derivatives can contribute to a less volatile market, which is a good thing for everyone involved.
If the derivatives exchange is your main project (and I think this is the main reason people are investing), then I think this first paragraph is already a better intro for your white paper than what you have now. Your white paper misses focus, it doesn't tell me what problem you're addressing and what solution DCORP offers, this is what I want to be able to figure out in the first minute of reading a white paper. The white paper is one of the main mediums to explain your project to potential investors.
That's a nice analogy but before Alphabet came into existence Google had already grown into one of the biggest companies in the world and everybody knew exactly what Google did. That's not the case yet for DCORP and, in this case, makes the whole white paper a bit vague.
About the whitepaper, we tried to keep it simple and mention the differences between the on-blockchain and off-blockchain versions. Since, in our opinion at least, derivatives are pretty straight forward. Also, there is a ton of information out there about derivatives if you'd like to learn about derivatives in general. We thought of this pre-whitepaper as an easy-to-read changelog to traditional derivatives, assuming that the reader had an understanding about derivatives.
Why just a pre-white paper and not a definitive one? Isn't this the time to get your message out to convince people to jump on board and join your project? I am eager to invest in ambitious projects but I will be critical of every project i do research on. Because of the above I think I rather wait until your exchange is up and running and decide at a later point to invest.
Success and GL!