Topic: {IPO} Teehe - DAO sports book and casino - page 2. (Read 3636 times)

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We are entering into a new era of economics; where money knows no borders and does not rely on government promises.
This revolution started with Bitcoin, blockchain and crypto-currency; possibly the greatest inventions of 21th century.
Now it is possible to run a business without relying on banks, pay or be payed in minutes – wherever you are and whoever is your counterparty.
We the people are no longer limited by the laws of nation states and may choose to remain anonymous for all our financial activities.
This is a true free market, spanning the whole planet – wherever people have access to an Internet connection.

Over the last year we have seen other great inventions based on the blockchain, like concept of DAO (distributed autonomous organization).
DAO runs on the blockchain, existing only on the blockchain. One of the bright and successful examples of this is the Nu network, a shareholder owned company based on PeerShares that acts like central bank and provides asset that is pegged to US dollar. This enables businesses and people around the world to trade, work and be financially free without being exposed to the perils of volatility. Just like NuNet, Teehe will be DAO based on PeerShares and will issue its tokens over the blockchain.

Shareholders of Teehe employ managers, who run the business and make decisions based on expected profitability.
To ensure this, managers will have shares in Teehe. Managers aim to please both customers and shareholders.

It is important to set things right in the beginning, to make a secure and future-proof platform. To ensure a long-lived operation, Teehe will avoid interacting with traditional institutions; all business processes needed to establish the platform will be anonymous.
The platform will be designed and coded internally. It will use modern technologies with security and practicality as areas of focus.

Many people have been burned in the crypto-currency space due to bad software design; we want to avoid this worrying trend by making sure our platform is robust and coded with security in mind.
Beside traditional channels out platform is accessible trough Tor and Namecoin's p2p DNS system to avoid possible censorship in the future. Our platform will be exclusively hosted in politically neutral countries with sane and well-implemented privacy laws to ensure safety. With focus on security, anonymity, and stability we envision a long and fruitful organization.

The native currency of choice is NuBits, a p2p digital currency pegged to United States dollar. Customers of Teehe do not have to make constant conversions between currencies.
They have a stable monetary instrument. No longer does the customer have to bet 0.3834 to win 0.34774 Bitcoin they can simply bet $110 to win $100.
The ease of use and familiarity of USD will provide a far better experience for customers than existing betting platforms.

Deposits are accepted in any crypto-currency that is liquid with NuBits, at the moment of writing that is exclusively Bitcoin. Customers can use well-established Bitcoin infrastructure to reach Teehe. Customer funds will be denominated in their currency of choice with USD set as default.

Teehe managers have secured the necessary developers to create the platform from start to finish. What is needed is a distributed group of active investors to supply capital for a stake in Teehe as shareholders.

Managers can be contacted through the following mediums.

For more information about the IPO including the prospectus and business plan visit Teehe.net