Hello everyone, I will introduce the Decentralized Escrow Service (Descrow) company project, To make ICO safer for all participants.To eliminate the excessive distrust of the potential investors to the new startups. Hopefully this article useful for you.
What is Descrow? I
Descrow is
the world’s first platform for secure ICO-Investments with an inbuilt mechanism
of decentralized escrow, which allows the backers to control the spending of
the finances via voting.
Our
project’s mission is to make ICO the less risky way of investments and
eliminate the excessive distrust of the potential backers to the new startups,
giving a boost to the further ICO market
growth.
How does it Work?
After the
closure of crowdsale, startups using Descrow functionality for their campaigns,
receive the first tranche of financing and start to implement their road- map
After the execution of the defined stages of works they provide detailed
reports based on their performance. The decision on the further financing of a
campaign will be made by the investors’ majority vote, based on the
reports.
This
procedure will allow eliminating the scam-projects, which aren’t intended to
develop a finished product and bring to light those, that are ready to follow
their roadmap and complete their mission.
DES token
is an essential part of Descrow ecosystem which will serve asa unit of account
and means of payment within the platform and provide a number of benefits for
its holders, Such as 30 % discount for the Descrow services and more.
Descrow
project successfully closed its own pre-ICO campaign and now is pre-paring for
the next public stage of fundraising. In the course of ICO campaign that will
be launched on 22 of November Descrow Is planning to raise about $13 million
for further development of the platform and expanding its services globally.
With the help of this money DES will establish an Insurance fund for the
investments of the first tranche, as the most risky Investments.
Mechanisms of Descrow
Insurance
Fund
Up
to 100% protection from scam projects
Safe
Holding and Trading
Investments
are reserved at personal accounts of investors, extra income from trading
Roadrnap
Step-by-step
schedule of projects realization
Escrow
Smart-Contract
Automatic investments based on projects’ KPI
Expertise
and Arbitrage
Advice for investors, acceleration of projects, resolution of
disputes.
Proof-of-Vote
Payment
Financing
depends on investors’ voting
Product–DescrowPlatform
- Utility-token DES is used in the Platform services and in investment process
- ICO-Startup is integrated with the Descrowplatform
- The Roadmap and KPI parameters of the project are loaded to Descrowplatform:
1. Timing
2. Plan of work with deadlines
3. Tranches needed
2. Plan of work with deadlines
3. Tranches needed
- The Statupreporton stage → investors’ voting (> 51% of votes) → next trancheof financing
- The lack of the Startup's results of work allows investors to claim their funds back
DESCROW operation scheme
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Buy tokens and make your fortune with us!
- Reliability
- Insurance fund with up to 100% compensation
- Voting
- Expertise of projects *
- Arbitrage of disputes
- Control
- Personal escrow accounts
- Step-by-step investments on the basis of a smart contract
- Roadmap and KPI
- Income
- Sale of projects' tokens before their release on the exchange **
- Trust management with income over 500% per annum
ICO
token price:
Soft
cap: 3 500 ETH (~$105 mln.)
Hard cap: 66 666 ETH (~$30 mln.)
initial
price: 1 DES = 0,001 ETH
Blockchain
flotation price: 1 DES = 0,00175 ETH
Token
standard: Ethereum ERC20
More information on the Decentralized Escrow Service (Descrow) company project please visit the link here:
by: andigentho
Link Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1023572
Eth address : 0x158CAd0e2dc87435a5BbE5eC2F0bd7aA6d352B1B