I decided to invest a certain amount of ETH into some ICOs over the next two months. I don't know why but I can't justify putting much into this (I did get something on Angel day). For some reason to me it seems like a high risk project. I think it will either blow up or fizzle out completely, it probably depends on the projects that are chosen (at least we get a vote on that)
Hi Gantzer, thanks for joining! You have to believe in the derivatives exchange, that's the project that we're building. Personally I believe it will be a game changes!
Some advantages as I see it:
- Decentralized options and futures exchange
- Revolutionary decentralized leverage and hedging solutions
- Brings more people to cryptocurrency trading and investing by providing the tools they know and trust
- Creates the opportunity to safely mange risks in a fluctuating market
- Creates the opportunity to speculate in a trustless way
- In the traditional world derivatives are among the most common financial tools used today (why are they not on the blockchain yet?)
- Enter into derivatives contracts trustless and anonymously or trade an existing derivatives contract by just sending ETH to it
escrow?
slack?
i dont understand the system, the investors can vote on projects, what can the 7 directors do? and how a 7 directos democrazy?
answer pls
Yes the investors can vote on the project
The boardmembers has elimited power and are elected by the token holders. Please read the whitepaper about all the details.
Board of Directors
The elected Board of Directors (B of D) is able to make most governance decisions on behalf of the shareholders.
Board members are compensated for the tasks they perform and are rewarded when their decisions lead to profit.
Democratic
Ultimately, the power lies with the shareholders: through voting on proposals and the votes of elected board members.
strange system, and how do shareholders get rewarded?
By having the ability to vote
lol
voting is not a reward, its an effort, i ment do they get any revenue or stakes?
The token is like a share in a company, DCORP in this case. It allows to vote, entitles to dividends and can be traded through exchanges or by sending it to another ETH address directly. The derivatives exchange is owned by DCORP, any fees it collects from paid premiums are transferred to DCORP automatically. The profits along with the remaining 51% of the raised Eth which remains in the contract can be used to fund future projects, we aim to enter into joint ventures with other developers / entrepreneurs, providing technical, legal and marketing experience. We believe that the prospects of growth and dividend can boost the DRP token.
A more detailed description is in the whitepaper
are the dividends and the dev share in the smart contract concluded?
Yes, all recorded in the smart-contract and voted on by DRP token holders
time to buy some dcorp , so the price will rice after ico when it's added to exchange ?
Can't look into the future but everything is being done to ensure it's value (no unsold amount, started out with 0, all on the blockchain, no DRP given away for free)
I have invested in this.
Can i ask the dcorp team to post a video of themselves promoting this? I would like to see them in action
That's a good idea, for now we're working around the clock! We're looking into that!
Here the new updating about DCORP.
The First Milestone has been reached! And still 4 weeks of crowdsale to go.
Yesterday was Angel Day - the start of the DCORP Crowdsale. Already after the first day, we have reached the first funding milestone!
Thanks for your contributions - both in ETH as well as in words!
We have lift-off... Onwards!
We hope you have all succeeded to join the crowdsale, or are still planning to do so. We have received a lot of positive reactions from everyone, which confirms our belief that we are really on to something here that has great potential for all of us (yes, this means you as a DCORP shareholder).
The first project: building a decentralized derivatives exchange on blockchain
Now it is key to keep on pushing forward, and spread the news about the success of DCORP. We aim to raise additional funding to also directly be able to launch the seed project, building the world's first decentralized derivatives exchange on blockchain.
As a reminder, more information about the derivatives exchange can be found here:
https://www.dcorp.it/#derivatives-exchangenice, yes we need a blockchain tech for derivatives-exchange, i also an option trader, i begin my trade in 2007,
i support your project, will go a little investment here, as for risk management i must split my investment..
Thanks for your trust! And yes, spreading is the only risk management strategy you can apply now, hence why we need derivatives
Arliw Neatprom has been introduced as Software Engineer, but her profile at Linkedin mentions that she is a web designer.
You should use correct titles for your team, otherwise it will raise questions on minds of your investors.
Thanks for pointing it out! She is a software engineer with experience in ORC and machine learning but she's fulfilling the role of web designer here. Edited on the website!
I have invested in this.
Can i ask the dcorp team to post a video of themselves promoting this? I would like to see them in action
Repeating myself, to make sure we have a real team pushing this. I want to see evidence that this team is who they say they are. The project deserves funding, but people dobot like the risk of scam.
So, Hanso, what do you say?
Hi there, we've had many interviews on Skype and there where background checks done too. Feel free to video call us on Skype and please see this thread on Reddit:
https://www.reddit.com/r/dcorp/comments/6dcsnj/due_diligence_questions_disclaimerwhitepaper/
