DCORP (DRP) ICO

updated 29 May 2017

Derivatives exchange powered by Ethereum

Whitepaper
Token sale info
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Status: ended
Start: 01 June 2017
End: 29 June 2017
Cap: 0 ETH
Goal: 30 000 ETH
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About

DCORP is autonomous, decentralized and democratic. An organization that exists on blockchain as a series of smart-contracts. DCORP manages its own token (DRP) and the Ether it holds. Anyone can join DCORP as shareholder or talented contributer, anonymously through their Ethereum account. The shareholders are the collective owners of DCORP and decide on the business financials. The Board of Directors manage DCORP on a day-to-day basis, are elected and publicly known. All voting behavior is stored on the blockchain and thus made public. Talent is the key to successful projects and ventures. To attract and retain best talent in the market, DCORP practices competitive compensation for their efforts and periodic retainment bonuses in Ether.

Derivatives are common financial tools that derive value from underlying assets, options, futures and warrants are a few examples of derivatives. In the traditional world, the derivatives market is estimated to be a Quadrillion USD market. To put that in to perspective: this is more than 10 times the total world gross domestic product (GDP). Options and futures can be used to hedge risks or trade with leverage. The ability to hedge risks will allow more people, businesses, and investors to participate in the cryptocurrency market. Being able to trade with leverage allows for speculation on a declining price, reducing volatility as a result.

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