Topic: Decentralized Escrow Service — What is it? (Read 248 times)

The Descrow — launch of the next generation crowdfunding platform!

The Descrow team launches the crowdfunding platform with basic services for investors, project founders and experts. Despite the difficult time for the crowdfunding industry additional services are being finalized and will be launched on the platform in the coming months.
The Descrow team provides everyone with access to the main services of the crowdfunding platform built on the principles of a decentralized escrow (descrow) at https://descrow.org/. Investors, founders of crowdfunding investment projects and experts are invited to the platform. We offer startups and existing businesses to register projects and start raising funds. We invite investors to familiarize themselves with the secure and professional crowdfunding mechanism of the Descrow. We invite experts to evaluate the prospects of projects on the platform or to join the team of a project.
At present the blockchain crowdfunding industry is in crisis. According to the project tracker CoinSchedule (https://www.coinschedule.com/stats) funds raised during crowdfunding with the help of cryptocurrencies are deteriorating. At the same time the dynamics of funds raised per project in 2019 is positive. This implies that the market for crowdfunding on blockchain is going through a period of recovery, the formation of the “rules of the game” and search for optimal forms of investing.
An increasing number of professional players penetrate crowdfunding industry, including large foundations, most powerful international banks, rating agencies, centralized and decentralized exchanges, professional consultants, brokers and other intermediaries. As a result market participants are showing higher and higher demand for financial discipline and effective performance of project teams and reasonable behavior of investors and eager to prevent situations of unprofessional behavior and fraud on both sides.
Granting access to the platform at https://descrow.org/ is the first stage of the public launch of the Descrow platform that offers a number of unique solutions for the crowdfunding industry.
The list of the Descrow services being launched. At the moment the Descrow platform is equipped with the services necessary for the start of operations done by investors, project founders and experts. For example, the following services are available:
1) Personal wallet of the investor and startup founder with the support of 3 main cryptocurrencies (Bitcoin, Ethereum, Litecoin).
2) Automated Smart Contract for arranging crowdfunding campaign of a project.
3) Referral program of a project for attracting community of investors.
4) Token Exchange for transactions in project tokens.
5) Job Exchange for matching experts and projects.
6) Community development service for a project — even projects at the «idea» stage. Project founders can submit a Roadmap of their startup, discuss their news with the project community and receive feedback from potential investors and consumers of their products.
7) Program for project acceleration provided by the Descrow’s team of experts.
The industry focus of venture projects supported by the Descrow platform is quite broad. It covers not only projects implementing blockchain technology, but also high-tech projects in the areas of medicine, artificial intelligence, robotics, fintech, retail, logistics, agriculture, loyalty programs, charity, sports, gaming, art and other promising areas of the global economy.
Projects that can count on support on the Descrow platform can be at various stages of development, from the initial idea and the product prototype (MVP) to the mass production of a product and a scalable business model.
User functionality of the Descrow at https://descrow.org/.
1. After registering as an investor, the user is able to:
- enter the necessary data in personal account;
- view projects available on the platform;
- discuss a project with the founder both in public correspondence and via private chat.
A more detailed description of the user interface in the investor mode could be found at https://medium.com/@Descrow/88cc3156ee5c.
2. A registered investor automatically gets the opportunity to fill in his or her expert profile, he or she could:
- fill in his or her user profile / resume, indicate his or her competencies and experience;
- automatically send his or her profile to the project team that places a counter-request;
- get a job or become a member of the project team selected.
A more detailed description of the user interface in the “expert” mode could be found at https://medium.com/@Descrow/75d1eb25dcc5
3. A registered user is able to place a project on the platform as the founder of this project (start-up founder) with the following opportunities:
- a user who placed a project is identified as a founder and receives all feedback from the community of the project in his personal account;
- the user can fill in the initial profile of the project and receive recommendations from the experts of the Descrow team on how to package the project effectively and how to optimize a crowdfunding campaign in order to raise more funds;
- the user gets the opportunity to conclude investment agreements with a pool of strategic / anchor investors from a closed list of the platform (on an individual request);
- the user places a detailed step-by-step description of the project Roadmap. This is one of the main sections of the startup profile, which allows potential investors to assess the competencies of the project team. Step-by-step fulfillment of commitments by the team in full accordance with the Roadmap builds confidence within the project community (project’s investors and experts) on the team competencies and intentions to develop the project idea and on feasibility of launching the final product. It is the support of the community of investors, experts and clients that determines the market success of the project greatly.
A more detailed description of the user interface in the “startup” mode could be found at https://medium.com/@Descrow/8b66eb913033
A more detailed description of the remaining sections of the interface of the Descrow platform can be found in the series of publications on the platform channel at https://medium.com/@Descrow.
Refinement of the platform and the launch of the new Descrow services.The technical solutions that existed at the time of designing Descrow were not suitable for the full implementation of the functionality incorporated into the decentralized escrow platform. For that reason we decided to create our own infrastructure, our own high-performance and reliable distributed ledger protocol (blockchain protocol) to ensure stable operation of the platform after integration with various services.
As a result of the work being carried out by our development team, the Descrow platform’s functionality will be expanded in the coming months with the variety of services such as:
1) automated escrow accounts with the possibility of reserving funds invested into projects, with the support of not only the main cryptocurrencies (BTC, ETH, LTC), but also stable coins (to manage the risks of the volatility of cryptocurrency quotes) and fiat currencies (US dollar, euro, ruble etc.);
2) automated step-by-step financing of projects on the basis of a voting mechanism (investors community could vote for or against the continuation of financing);
3) service of trading in reserved tokens even before the next tranches of project financing;
4) service of automated scoring of projects;
5) service of automated arbitration of disputable situations;
6) an insurance fund for covering the risks of the first tranche of project investments;
7) factoring service for additional financing for the projects on the platform;
trust assets management for managing a part of investors’ assets reserved for projects (increased profitability while keeping an acceptable level of risk).
These services will be integrated into the Descrow platform considering the situation in the collective investment markets and major trends in global financial markets. The integration of services would not be an obstacle for the launch of the main platform functionality. It would not imply a long shutdown of the platform operations.
These and many other features of the Descrow platform attract the interest of many participants of crowdfunding industry. At the moment the Descrow team is successfully negotiating with large-scale investors around the world and forming an updated pool of promising projects for financing.
Having started working with the Descrow platform right now, you can start saving time and money needed for projects launching. Уou could get the invaluable experience in professional management of investments and working with promising projects!
Welcome to the world of safe investments and professional implementation of venture projects!
Register at the Descrow Platform: https://descrow.org.
Want to know more about the Descrow Platform? https://descrow.com.
A detailed description of the Descrow interface: https://medium.com/@Descrow.

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 Where is the money of investors?


                                   



The problem of the ever-increasing number of ICOs that do not comply with the investment expectations of backers has become a stumbling block in disputes over the future of the crypto-investment market and the blockchain industry as a whole. Today it has become clear that a single solution that could provide 100% security for investors, simply does not exist. Only the consolidation of the efforts of interested actors of the crypto-currency market can lead to real results in the struggle of honest investors for their right to get fair profits from operations with crypto assets and investments in blockchain start-ups.
A vivid example of combining efforts in the struggle for fair returns on investments and the transparency and probity of the crypto-currency market is the consolidation of the system and analytical capabilities of the international rating agency Neironix and the decentralized crowdfunding platform Descrow. Both projects have already presented revolutionary solutions for the crypto community to ensure the security of crypto-investments. However the wider the coverage and usage of algorithms and methods of the projects the higher the quality of these solutions.

Information sheet:
The international rating agency Neironix is the first and the only representative of the blockchain industry, which has implemented and applied the world-known methods of risk management and multifactor scoring on the crypto market using modern mathematical methods.

                             

Decentralized crowdfunding platform Descrow is a mechanism for the safe investments and support of crowdfunding campaigns with a unique tool hedging risks of venture financing industry and the use of smart contracts in the Ethereum network.

                             

Consolidating efforts to fight the SCAM projects and filter unprofitable blockchain start-ups Neironix and Descrow will be able to provide the crypto-currency community with a set of unique tools and mechanisms for ensuring investment security, managing existing and potential risks of the crypto-currency market and returning of the capital invested in case of crucial deviations of the ICO projects from their development strategy declared.

We will be glad to welcome your project on testing the platform, you can apply by filling out the form below
https://goo.gl/forms/PaYT3MoieB0l9YC72

We also invite experts, specialists, analysts in the field of crowdfunding for further partnership, please feel free to contact us
https://goo.gl/forms/FNCKsyVkptCBhAJl2


https://medium.com/@Descrow/where-is-the-money-of-investors-63c1643f3ad4

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https://t.me/descrow

                                                  Search for experts for the ICO project

If you don’t have sufficient number of qualified specialists to implement or promote the project, you can use the function “Expert search”.
To do this, click the “Find expert” button in the left part of menu. You will proceed to the page of cooperation between project teams and experts.




To start a search, go to the “I’m looking for” tab and click on the “Search for a new specialist” button. Than describe your conditions for a specialist: professional field, tasks, period, terms and salary, write down the requirements and duties of a specialist. If you want, fill out the “comment” field with additional details of the working tasks.






After clicking on the “submit an application” button, it will be displayed in the general list of the job or task offers. Note that after the placement, there would be no possibility of editing the information.
Your application will be sent to experts with suitable competences. The list of experts interested in your proposal is displayed on the corresponding tab.
By clicking on the “more details” button you could see a summary of a specialist, the list of projects he or she worked with on the Descrow platform, and his or her comment on your proposal. Also you can find more information in a “specialist card” and read reviews about his or her work left by other ICO start-ups on the platform.





If this expert is interested in your proposal, you can contact him through personal messages on the Descrow platform or any other communication channels.
After reaching a positive agreement, note the fact of cooperation by clicking on the “Confirm cooperation” button.

We will be glad to welcome your project on testing the platform, you can apply by filling out the form below
https://goo.gl/forms/PaYT3MoieB0l9YC72

We also invite experts, specialists, analysts in the field of crowdfunding for further partnership, please feel free to contact us
https://goo.gl/forms/FNCKsyVkptCBhAJl2

https://medium.com/@Descrow/search-for-experts-for-the-ico-project-332eaaa51a58


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https://t.me/descrow

    Section “STARTUP”


On the main page of the section you can see the widgets that allow you to monitor important information related to your project: voting results, questions of the users, referral statistics.






As you can see, new items appear in the left menu compared to section “Investor” — “My projects” and “Find an expert”. The “Referral program” page also differs from that in the Investor section. It allows you to set voluntary referral rate for your ICO start-up in order to attract new investors to the project.

The “My Projects” page displays a list of your completed and current projects on the platform.
In “Project management” page you will be able to do all basic actions on the platform: quickly change the referral rate, download a report, see the results of voting or fees statistics, check with the road map and, if necessary, make changes to it.





The button “change information” leads to the page where you can change or supplement the data about your project: add tags, format a full description (including the ability to add graphic elements), correct the list of media files and add extended information about team members (including their photos).







Project Roadmap

A necessary condition for the publication of the ICO project on the Descrow platform is filling out the Roadmap section.
Roadmap is an integral part of strategic planning: it allows you set specific goals for the development of your business and monitor the progress of the tasks implementation. Also, the roadmap allows investors get more complete information about your project, its main stages and deadlines for them. The roadmap serves as an indicator of the quality and reliability of your project, so we advise you to consider its completion seriously
To fill it out, go to “project management” and click on the “fill in” button in the “roadmap” panel.
Add the required number of stages of project development and enter the number of days required for implementation of each stage. Than add a description of the aims you plan to achieve during the stages as well as the percentage of the total funds required for particular stages.






The minimum number of project stages is three.
Keep in mind that during the ICO campaign you will be able to make changes to the roadmap of the project no more than once per stage. Also these changes are levied by a commission paid in DES tokens which amount could depend on the amount of the funds raised, on the course of the project implementation, on the roadmap changes already made in the past and other parameters important for the project success. Also, total period of the stages postponements can’t be more than 6 months. So we strongly advise you to choose the optimal periods of the stages implementation in advance, to consider your capabilities adequately and to make every effort to implement the project.

Creation of ICO Smart Contract
ICO can’t be run without a smart contract.
A smart contract is a computer program algorithm that ensures the reliability of bargains and financial transactions. He acts as an intermediary in the information and money transfer and an arbitrator that controls compliance of the agreement terms by the parties. Usage of smart contract gives many advantages. The parties are guaranteed to have and independent arbitrator while subjective factors are eliminated. Smart contract reduces the costs of implementing the contract (costs of services provided by the third parties) and minimizes the risks of wrong interpretation of contract’s terms. Moreover smart contract guarantees reliability of exchange of values and security of transactions.
All of the above factors form investor’s confidence that particularly important in the ICO process. In particular, if the minimum amount of investment in ICO (the so-called softcap) is not reached, the smart contract automatically returns all the funds to investors, since in this case it is assumed that the project does not have enough funds for successful implementation. On the other hand, if the maximum amount of funds raised (the so-called “hardcap”) is reached, the ICO smart contract automatically stops the investing process, since too much investments could dilute the value of the tokens of the ICO project that investors receive in exchange for their investments.
In Smart Contract section you can specify the main terms of your project: organizational, financial and other.To create a smart contract go to “Project management” and click on the “Create” button in the “Project Smart Contract “ panel.
Fill in the name and an abbreviation of your token, the number of token decimals, the percentage of tokens intended for the project team.
Specify the cost of selling each token in dollar terms, as well as the start and the end dates of the ICO.
Make sure that all items are filled in correctly because after creating a smart contract of an ICO campaign, you can’t change it anymore.






We will be glad to welcome your project on testing the platform, you can apply by filling out the form below
https://goo.gl/forms/PaYT3MoieB0l9YC72

We also invite experts, specialists, analysts in the field of crowdfunding for further partnership, please feel free to contact us
https://goo.gl/forms/FNCKsyVkptCBhAJl2

https://medium.com/@Descrow/section-startup-2dabbe8ff819

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                                          How to register your startup in Descrow platform
If you want to run an ICO project on the Descrow platform, go to the mode “Startup” using the mode menu on the top left side and click “add your startup

                             



You will go to the page of the startup questionnaire. Before you proceed to the next step, we strongly advise to watch the video presented at the zero stage. In this video we tried to tell shortly about the main problems you may face during ICO and the ways to solve those problems. After watching the video, click “Next” to proceed to the project form.


                             



Fill out the basic information about your project, the list of team the members and advisers. Later you can complete the description of the project with graphic elements and upload photos of the team members.
Attach the basic startup documents (such as White Paper) and provide links to your website and video presentation, if any. Finally, enter your contact details and click “register”

Your application will be submitted for review, you will be notified about the results of review by a personal message and by e-mail. After review you will be granted access to the section with the startup functions on the platform.
We will be glad to welcome your project on testing the platform, you can apply by filling out the form below

https://goo.gl/forms/PaYT3MoieB0l9YC72

We also invite experts, specialists, analysts in the field of crowdfunding for further partnership, please feel free to contact us

https://goo.gl/forms/FNCKsyVkptCBhAJl2


https://medium.com/@Descrow/how-to-register-your-startup-in-descrow-platform-9cdf45878173

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 Kind time friends! Today we will show you the section of the investor!


On the main page of the section “Investor” you can see widgets that give quick access to the necessary information of subsections such as: the list of projects in which you participate, referral statistics andthelatestoffers on the token exchange. The top part of the pagecontains information about your current balance in tokens and ethereum.

read more:
https://medium.com/@Descrow/section-investor-c5e4effd68dd

We will be glad to welcome your project on testing the platform, you can apply by filling out the form below
https://goo.gl/forms/PaYT3MoieB0l9YC72

We also invite experts, specialists, analysts in the field of crowdfunding for further partnership, please feel free to contact us
https://goo.gl/forms/FNCKsyVkptCBhAJl2




Join now:
Descrow channel @descrow
Rus chat @descrow_rus
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Web: https://descrow.com
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https://t.me/descrow

                                         Overview of DESCROW platform interface. General structure

The development of the Descrow platform continues and since open testing will be launched soon we have decided to write an overview of the main functions and interface elements to help future users and testers.

GENERAL INTERFACE STRUCTURE





Website pages of the Platform include 3 functional blocks

1. In the upper right corner you can see the Menu of your account, through it you can go to personal messages, view and change your personal data and proceed to your personal wallet.





2. In the left side of the section menu you can navigate through the main pages of the platform






3. The main part is occupied by the content of the current page — in this particular case the main page of the section “Investor”.
The platform has three functional modes (sections): “Investor”, “Startup” and “Expert”. Each of the modes contains the tools necessary for the appropriate type of users.






If you have any questions or you have found an error or misprint on the website, you can write to us about this by clicking on the “Technical Support” button and filling in the appropriate form.




We will be glad to welcome your project on testing the platform, you can apply by filling out the form below
https://goo.gl/forms/PaYT3MoieB0l9YC72

We also invite experts, specialists, analysts in the field of crowdfunding for further partnership, please feel free to contact us
https://goo.gl/forms/FNCKsyVkptCBhAJl2

https://medium.com/@Descrow/overview-of-descrow-platform-interface-general-structure-9493d17f8529

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   Development and testing of Descrow Platform continue.

                   

We are pleased to announce that the Descrow platform development is progressing well, and public testing will soon be launched. However, the development of an IT product of this level of complexity is often accompanied by a number of difficulties that our team also had to face. During the closed internal testing a number of flaws in software logic were identified and arrangements of the next stage of works would require more time than it was planned. In order to correct and finalize the Platform as soon as possible we have changed the developers team employing new members, what enable us to cope with the main complications in the shortest time.
Also, at the moment we are developing an open testing methodology for ICO startups at platform, and during the testing we are going to pay special attention to the feedback and wishes of users on both sides (investors and startups) in order to implement the most convenient and useful features in the working release of the platform.
In addition, we are preparing a database designed to help start-ups avoid common mistakes when conducting ICO and achieve higher KPI of their projects. A number of papers is being prepared to be published addressing the issues of market analysis and identification of problems that ICO startup is going to solve, development and marketing packaging of the startup product, team building, writing of high quality documentation for ICO (including White Paper), legal protection issues, typical risks management and much more issues.


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  New projects will join Descrow Platform testing

           

Dear friends and colleagues, we are glad to present you 4 ICO projects that will cooperate with Descrow in new platform during test period.


Cryptoloans. Platform unites 3 directions of financial markets: P2P lending, Marginal trading and Cryptocurrency market. In P2P lending service platform offers reliable system of verification of borrower’s solvency and guarantee of fund repayment. Platform offers 100% probability of loan obtaining and full anonymity and safety of customer data without guarantors and collateral. Second direction is Marginal trading. It allows speculative buying cryptocurrency in a volume that exceed traders’ own funds in several times. Third direction is Cryptocurrency market, where customer can change all altcoins and tokens represented at Platform not only to bitcoin, but also to each other.

POV Coin - an interactive virtual cryptocurrency network for adult entertainment. Platform offers several ways of participation, act as an intermediary between service consumers and sellers, and also develops technical devices. The platform guarantees anonymity, transaction security, transparency of payments and observance of copyrights.
Thus, POV Coin solve several market problems: piracy, undeveloped technologies, payments anonymity, limited opportunities for earning and monetizing traffic, the difficulty of obtaining feedback from customers.

Shivom is building the largest genomic and health data hub around the globe by combining blockchain, genomic DNA sequencing, artificial intelligence and cryptography to power secure and personalized medicine. Donors participate in platform and get personalized health and lifestyle information saved in service. They also gain rewards for sharing their genomic data by selling access rights directly to third party institutions such as pharmaceutical companies. Pharmaceutical companies will use the Shivom platform to refine drug development and create best course of care based on statistical health information.

SONDER project was developed to overcome the main barriers to full integration of blockchain-technologies into e-commerce market – high transaction fees, low speed and lack of transparency. Project develops API and SDK to make services more simple and convenient for consumers and will developed in several ways. First, a way to simplify the procedure of payment for goods and services by cryptocurrencies. Platform will create the set of tools to make withdraw the fiat money procedure more convenient. Second way is to increase security and data transfer speed. Technological features will allow to make transactions with zero fees, and provide wide range of privacy settings which help customers to stay anonymous. SONDER main goal - to create useful, customer oriented service that would become the fully open payment network using electronic money transfer systems, online-stores and billing and paying services.
We will be glad to welcome your project on testing the platform, you can apply by filling out the form below

https://goo.gl/forms/PaYT3MoieB0l9YC72
We also invite experts, specialists, analysts in the field of crowdfunding for further partnership, please feel free to contact us
https://goo.gl/forms/FNCKsyVkptCBhAJl2

Join now:
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    30 ICO projects in total are going to participate in Descrow Platform testing as of today. We welcome 7 new projects!



                           

Medicohealth — project for improving healthcare system by creating doctor — patient environment based on blockchain. Application creates possibility for fully anonymous, safe, and efficient communication with world’s leading healthcare specialists and provide own tokenized and secure payment system. Decentralized ledger technology enables traceability, data immutability and creation of secure methods for privacy protection that makes such platform perfectly fit for using in healthcare system.

International Charity Exchange BCharity. Platform allows to bring together individuals, funds and organizations from across the globe, providing an opportunity to help people in need. Decentralization will transform the modern systems of charity, removing unnecessary activity, barriers and regulators that decrease the effectiveness of charitable foundations and organizations, while evolving global charity to a new qualitative level. BCharity will open new opportunities in the field of charity by facilitating philanthropic donations via digital currencies and increasing charitable activity with no borders.

INSPEM — blockchain based artificial intelligence that able to recognize faces and objects using mobile phones and static cameras. At the moment, the platform develops several areas of activity. The service will be useful in missing people search, bystander or witness search, and in criminal search –it can help to recognize the faces of thieves or terrorists at mass events. The system operates as follows. After the biometric analysis of the face (for example, from the photo), artificial intelligence looks for a coincidence on the tracking cameras, and in case of a coincidence, the user will be able to buy a record from the camera and find the right person.

Hybrid Betting is an Ethereum-based betting game without a mandatory house edge. The advantage of Hybrid Betting is a profit model totally different from models of other betting platforms. Hybrid Betting profit model is based on the number of shifts played: each sport event can be a shift and platform will take a small fee at the end of the betting phase just before the event starts. Fee was considered from 0.5% for bigger events to 2% for smaller events. Hybrid Betting can allow users to bet against each other without considering odds and the bookmaker edge: new game will allow punters to take care just of other punters in a game with no stronger parts.

FrYa Crypto is a platform for the future of business to powering that through new equity blockchain. While existing solutions offer to solve just one problem at a time, FrYa is up to build a secure, useful, and easy-to-use product based on private blockchain. It will include easy cryptocurrency payments integration, and even a digital arbitration system. At the end, FrYa aims to integrate companies, employees, and business assets into a unified blockchain ecosystem, which would make business truly efficient, transparent, and reliable.

Wixlar is a digital currency and payment system based on the blockchain technology. System advantages are in using Hybrid POW/POS and applying enhanced secured hashing algorithm what makes transactions instant and more secure. The system provides opportunity to use Wixlar coins for buying and selling products online and offline and more than 12 other services for private persons and companies such as: Wallets, Master Card, Exchanges, Smart Contract, Letter of Credit, Cloud Storage, E-Shop, Academy, Rewards, Partnerships, Lottery and Free-Lancing.

LibertyLance — Gig based marketplace where freelancing meets blockchain. LibertyLance is a platform for both clients and freelancers, where freelancers can post their gigs and clients can select from those gigs based on their reviews, pricing and delivery. Platform will be self-regulated by using Smart contracts — it will be used to ensure smooth transactions and act as an escrow medium between the two parties without involving any other middleman.
We will be glad to welcome your project on testing the platform, you can apply by filling out the form below
https://goo.gl/forms/PaYT3MoieB0l9YC72
We also invite experts, specialists, analysts in the field of crowdfunding for further partnership, please feel free to contact us
https://goo.gl/forms/FNCKsyVkptCBhAJl2

https://medium.com/@Descrow/30-ico-projects-in-total-are-going-to-participate-in-descrow-platform-testing-as-of-today-bcd9b698544b

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https://t.me/descrow

This is the future. I wish that it came soon. The speed of resolving disputes and the integrity of the arbitration party. cool

 Descrow will take part in the international blockchain technologies consortium
 

                       

The Descrow platform became a participant of the International Research and Industrial Consortium for the implementation of the National Technologic Initiative (NTI) in the area of blockchain technology.
Descrow joined the international community of universities, industrial and innovative enterprises, aimed at conducting the most advanced research and development in the area of digital economy and blockchain technology, as well as their implementation into modern business and training highly qualified specialists.
The first research laboratory for blockchain studies was opened in Russia In 2015 at Perm State National Research University (PSNRU), the university-leader of the emerging Consortium.

https://medium.com/@Descrow/descrow-will-take-part-in-the-international-blockchain-technologies-consortium-9866936423e2

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                        Descrow establish partnership with OpenGift platform

                   

Dear community, we are pleased to announce that a cooperation agreement has been concluded between the OpenGift and Descrow platforms. Now the OpenSource projects that are placed at OpenGift platform will be able to use the Descrow service to ensure that the parties fulfill their obligations. At the same time, Descrow customers will be able to place their projects at the OpenGift platform.
OpenGift is a platform where OS (OpenSource) projects publish information about their development goals and progress. The platform analyzes a great amount of metrics and creates a project profile for investors and sponsors. Project shares can be distributed among project teams members and investors, while sponsors can finance development of software they need. Currently, more than 80 projects have already been submitted to the OpenGift platform. Using OpenGift will significantly accelerate the development and improve the quality of the entire OpenSource, as well as provide the opportunity to invest in OSS (OpenSource Software) projects for a much larger number of people, while the Descrow platform will ensure the transparency and security of these investments.
https://medium.com/@Descrow/descrow-establish-partnership-with-opengift-platform-6806954c6e8


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                Descrow welcomes new platform members

                   

Dear community, we are pleased to announce that 6 more projects in different development level will participate in the testing of the platform. For today we have 23 projects in total ready for partnership with Descrow platform.

📍Mortgage platform Bloquid. The project allows to convert mortgage claims into the digital assets using the MU (Bloquid) tokens. This processes run in several stages: firstly, platform concludes two contracts with the owners of the real estate — an agreement of lending interest-free token as a loan and a real estate pledge agreement. After that a state registration of the real estate encumbrance goes and the smart contract issues mortgage tokens. New tokens are transferred to the borrowers, and real estate becomes part of the general fund of the Bloquid collateral.

📍Docnota. The project offers a new paradigm for creating, processing, publishing and exchanging documents on a secure platform with an open architecture and API. Existing problems of electronic document management cause legal consequences and Docnota project solves it by creating a technological platform on which documents are represented as a system of text blocks. Such structure means records, where each of the document blocks has unique parameters: identifier, information about the author, creation date, etc. This system protects documents from possible changes, and ensures the safety, reliability and ease of accessibility of documents.
Also, we are pleased to announce early stage development start-ups that will also participate in Descrow platform test.
📍Ecosystem of smart cities, based on financial model of an energy service contract where tokens is a “crypto-fuel” of the system. At the moment, 11 such projects are being developed in real settlements.
📍Marketplace for the owners of mobile applications with the possibility of equity investment.
📍Artificial intelligence for predicting lotteries and high-risk events based on self-learning neural networks and 4D visualizations.
📍Crypto pawnshop — P2P platform for loans secured by crypto currency
We will be glad to welcome your project on testing the platform, you can apply by filling out the form below
https://goo.gl/forms/PaYT3MoieB0l9YC72
We also invite experts, specialists, analysts in the field of crowdfunding for further partnership, please feel free to contact us
https://goo.gl/forms/FNCKsyVkptCBhAJl2

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 Recruitment of new projects in Descrow platform testing is continuing

                         

8 projects more will join the Descrow platform test.
📍 DAICO “The Green Mine”. The project represents developments in FoodTech and will mainly deal with the creation of high-nutrition food powders and bars of grown algae and vegetables. Because of the latest technologies and equipment, as well as heating of the greenhouses by mining, it will be possible to produce food all year round. The farm will also own a gas-piston power plant — it allows to receive electricity at the lowest price in the world — 1.26 p / kW (according project data), which will significantly reduce the production cost. Project is advantageous for investors because it is built on a real economy and its tokens are part of the company’s capital (land and real estate), and because of decentralized management of a company — it allows all co-owners to have equal powers.
📍 Cloud OSS solution ApexFree, operating on PaaS and SaaS technologies. The project is designed to automate repetitive business processes and simplify the management of information, financial and other flows by integrating software products, services, technologies onto one platform. ApexFree will have the maximum amount of business functionality with real-time monitoring and management capabilities, accessing the platform as an arbitration for resolving disputes, efficient data processing.
📍 Clever farm “Sol-Invictus”. The farm will produce differentiated agricultural products on the basis of energy autonomy, which is achieved through the use of wind turbine and biogas plants. The farm is a set of several production modules: livestock and fish complex, growing vegetables, mushrooms, mixed fodder, and from the number and interrelations of these modules organization gets the main advantage — the possibility of maximum processing of industrial waste by cyclic use. Wastes in some modules serve as a raw base material for others. This system provides a high level of overall profitability (according to IRR project estimates of 65%), and the use of high-tech equipment makes it possible to significantly reduce costs.
📍 Cardboard construction Yohocube. The developing constructor consists of two forms: cubes and prisms, which are assembled from flat patterns. Simplicity of shapes and colors of figures gives freedom to creativity and helps to form creative thinking: combining figures in different ways you can get any object and then paint it in any colors, which make the game fascinating both for children and adults. Also the construction is environmentally friendly — parents can be calm for the health of their children if they leaving them to play alone.
📍 LeadRex platform. The project is aimed at increasing the conversion of advertising companies and combines many components. The basis of the platform is artificial intelligence, which is necessary for analyzing and selecting the target audience. Thanks to the platform’s advertising capabilities, everyone able to launch their advertising company in the shortest possible time and manage it centrally from the client cabinet of LeadRex. The most important innovation and technological feature of the LeadRex platform is artificial intelligence — it is an integral part of the service and each module as a whole.
📍 The platform for sending parcels with travelers Shipit. The key idea of ​​the project is the creation of mobile app that will unite senders of parcels and travelers on the same platform. This will create a cheap, efficient and fast mail system. At the same time, all participants benefit: the traveler is a monetary rewarded, the sender can sent parcels in a short time and a guarantee quality. The project synthesize best business strategies of successful companies in the sharing economy and, with the help of block technologies, created a service built on transparency and fairness of operations.
📍 The platform for investing in real estate Bitcoin City. The platform is a real estate market. Using Bitcoin City tokens investor can buy an apartment, a building, a room or a part of them anywhere in the world, and the builder can attract investments with the help of blockchain technology. Thus, there will be buildings whose value will be expressed by digital assets. After exchanging tokens for square meters of the premises, the investor can receive an annuity — the percentage of the profit from the commercial use of this space. Or he can live in a purchased apartment (room) — digital assets are easy to sell and buy so with this system a person can easily move around the world buying and selling housing, and live in suitable places for him.
📍 SBC Platform — automated ICO training platform for start-ups and small business. The goal of the project is to reduce the cost of preparing high-quality projects for entering the ICO and to give impetus to their development. For this, the project offers opportunities for expertise, business analysis of ideas, technical and legal advice, assistance with marketing and investor search. Automation of the platform processes will significantly reduce the cost of services and make it more accessible for start-up entrepreneurs.
We will be glad to welcome your project on testing the platform, you can apply by filling out the form below
https://goo.gl/forms/PaYT3MoieB0l9YC72
We also invite experts, specialists, analysts in the field of crowdfunding for further partnership, please feel free to contact us
https://goo.gl/forms/FNCKsyVkptCBhAJl2



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Decentralized EscrowFollow
Assistant for safe investments and the independent vote.
Mar 19
Descrow continues to select projects for platform testing

                 

We are please to announce that 4 more projects will be presented on the test launch of the Descrow platform
📍 Platform for sport fans Sportco. This is a global community, designed to unite sports fans from all over the world into a single Sports Club. Members of the community will have the opportunity to communicate on their favorite topics, run their own blog, play themed quizzes, bet on sports and much more. At the same time, their activities will be rewarded: the higher contribution to the network they will give — the higher income they will get. Thus the project solves several problems at once: it unites sportsmen from all over the world, gives them the opportunity to earn on their hobby and provide the access to a wide information network.
📍 Platform for traders and investors Rublix. The “Hedge” App developed by the project will allow participants to make a trade forecast for a particular currency. In case of correct forecast, participants will be awarded by a Hedge rating and RBLX tokens, and in case of an error the rating will fall and the tokens will be taken back. Investors, in turn, can change their tokens to access the forecasts of a particular trader, and the price of the forecast will depend on his or her rating. Thus the Rublix provides a system of incentives for traders to publish honest information and to create more open and transparent market.
📍 Platform for creating and supporting gambling projects Trueplay. Online casinos are becoming more popular, however, both their owners and players face many problems related to technical and legal issues, as well as guarantees of honesty. The Trueplay project seeks to solve the problems of both sides and offers the Fairplay system — a combination of blockchain and offchain methods of organizing the casino activities. This will make gambling projects less expensive: casinos will connect to a ready-made technical system with operational and legal support. The platform will provide a high-speed payment system for players, as well as a full-fledged system ensurung trust.
📍 Crypto Fund PentaCore with active management. The company takes into account the difficulties and barriers an average investor faces if he or she desires to invest in crypto-currency assets — risks, the complexities of technology understanding and market analysis. And it offers a set of recommendations and products for easier investment. Initially company offers three type of products: investment fund PentaFund aimed at capital appreciation with emphasis on its protection through hedging strategies; information platform PentaView’s that provides easy-to-understand and high-quality data about cryptocurrency market; educational source PentaPost, where members can learn to analyze the market and to form investment portfolio. Thus, the project aims to increase the financial literacy of market participants and to provide them with tools for analytics and trading.
We will be glad to welcome your project on testing the platform, you can apply by filling out the form below
https://goo.gl/forms/PaYT3MoieB0l9YC72
We also invite experts, specialists, analysts in the field of crowdfinding for further partnership, please feel free to contact us
https://goo.gl/forms/FNCKsyVkptCBhAJl2




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I think such services as escrow should be implemented with the help of smart contract technologies. This is the most convenient and understandable solution

This is a great article. Indeed we really need escrow in this anonymous market. Talking about Descrow, would their utility token DES would be that useful? I mean with their price of 0.001 ETH on ICO, and they are not still on the coinmarketcap, how could we be so sure that this could be a great investment?

SEC claims to 80 projects: a sign of serious intentions? Digest on cryptonews.



https://www.ccn.com/sec-subpoenas-80-cryptocurrency-firms-including-techcrunch-fund
SEC worries about the fast-growing crypto market. And it seems like the US Securities Commission turned from words to actions when it subpoenaed TechCrunch and 80 America’s crypto-currency companies on March 7. From the statement of Michael Arington, TechCrunch founder, it’s clear that there is nothing terrible in these claims and these measures are necessary for “a broader study of digital coins”. We can expect that the investigation will continue throughout the year — it is time needed for collecting information about the cryptoworld and creating rules that will govern this market. The most likely outcome of the events will be the accepting crypto-currencies as unregistered securities, which will put the participants of the American market under hard and unfavorable business conditions.
Japan also has faced with the need to regulate the activity of crypto exchanges after $ 530 million were stolen from Tokyo Stock Exchange CoinCheck. The Financial Services Agency of Japan (FSA) forced the exchange to pay investor’s stolen funds, and provide a plan for improving the system before March 22. In the current conditions, the seven exchanges of crypto-currencies were punished and two of them — Bit Station and FSHO — were ordered to suspend business, reports Reuters. In terms of these occasions, it was decided to form a self-regulating organization in the crypto currency market that, with the assistance of the FSA, will create guidelines for regulating this market and protecting the consumers. According to Forklog, the organization will represent 16 exchanges and will begin to work in April 2018.
The decentralized crowdfunding platforms such as the Descrow could become an alternative to a centralized regulatory structure. Descrow is designed to insure ICO investments from fraud through the development of the community of investors and partners of ICO and automation of the phased financing of the project.

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Dear community,

We thank all who responded to the proposal of partnership. At this stage, more than 70 participants expressed their desire to cooperate, 36 of which have their own project and are ready to become partners of DESCROW.

We are pleased to announce that the test version of the platform will include following projects:

📍Solar-powered fruit crypto farm CoinBerry. This is a high-tech complex for growing strawberries in greenhouses, heated by mining farms. Farms will be provided with electricity from a Solar Power Station, which makes the production process autonomous. Usage of cheap electricity as well as income from the mining will significantly reduce the cost of strawberries, and new technologies allow growing berries all year round.

📍Roburst Network.  New network provides more safe and fast transactions because of using improved iDPO algorithm, Roburst trading bot will help monitor and forecast the crypto-currencies market. Also, the system will create an opportunity for withdrawing cash and making payments in the real world by converting Roburst Coin into a local currency.

📍Biometric bands Citadel One. After activating the band and triple fingerprint scanning, your funds moving to secure electronic wallet, which can later be controlled with buttons. Designed as a fitness band, Citadel One will not attract attention, and the Panic button and GSM / GPS tracking can save the owner's money and life.

📍Mobile app for pre-order food, goods and services SAFETIME4. The service allows users save their time for buying goods and services by using stuff pre-order system. The system will be accompanied by a personal bonus program and have its own payment service.

📍AGRARIUM Agricultural Development Ecosystem. The goal of the project is to create a blockchain platform for organizing an effective production and buying system of agrarian environmentally safe food. Tokens will be issued for real assets, acting as a property right for a real product.

We will be glad to welcome experts, specialists, analysts in the field of crowdfinding for further partnership, please feel free to contact us

https://goo.gl/forms/nGF5fkyhCKbMgBcz2