Decentralized Escrow Service (Descrow) company project Service with a set of reliable tools for safe investing in ICO
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
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