DCORP

DCORP promises to democratize the world of venture capitalism. Find out everything you need to know about DCORP today in our review.

What Is DCORP?

DCORP is a blockchain company trying to create a future where stock markets are on the blockchain. Found online at DCORP.it, the company wants to democratize the world of venture capitalism – something we’ve already seen with the growing number of ICOs taking place over the past few months.

DCORP is owned by DRP token holders. The goal of the platform is to create a future where traditional stocks, indices, and currencies (both fiat and crypto) are represented by tokens on the Ethereum blockchain, all while being backed by a traditional asset hold on a third party account – like a law firm.

Tokens (which work as exposure to the asset) can then be traded and used as underlying assets. Ultimately, this will create an economy located entirely on the blockchain. Tokens are used as the underlying assets (i.e. the asset where the derivative contract derives its value).

Essentially, DCORP wants to make it easier for more people to participate in – and benefit from – venture capital fundraising.

DCORP’s ICO is taking place until June 30, 2017.

How Does DCORP Work?

DCORP plans to make money in this new economy by creating projects like derivatives exchanges. DCORP has already created a platform that allows derivatives trading in the form of smart contracts on the Ethereum blockchain where the exchange exists.

By using that exchange, users can access a friendly interface while avoiding intermediaries like market makers, bankers, or third parties. Like other blockchain technology companies, this means the platform is decentralized and autonomous.

DCORP, if you haven’t figured it out, stands for “decentralized corporation”. In addition to being decentralized and autonomous, the platform plans to be democratic. Anyone can join DCORP as a shareholder or talented contributor. These shareholders are the collective owners of DCORP and will decide on business financials.

Although DCORP is democratic, there will be a Board of Directors in charge of everything. The Board of Directors manages DCORP on a day-to-day basis. These directors are elected and publicly known. All voting behavior is stored on the blockchain and completely transparent to the public. The Board of Directors consists of 7 members.

How Does DCORP Bring Ideas To Profit?

The goal of DCORP is to help smart contract business ideas go from the business stage to the profit stage. Here’s the step-by-step process of how DCORP works to do that:

Step 1) Submit an idea: A smart-contract business idea is described and discussed on the forum.

Step 2) Proposal: If there’s enough support for an idea, it gets turned into a formal proposal, then submitted to the community.

Step 3) Shareholders vote: Shareholders have 7 days to vote about a submitted proposal.

Step 4) Fund is deployed: If the proposal was approved, a fund contract is automatically deployed on the blockchain.

Step 5) Development: Managers are assigned to projects, with funds and code released periodically.

Step 6) Product launch: The smart-contract product is released, then profit is distributed as recorded in the contract.

You can view more detailed information from the DCORP whitepaper. It goes into a more in-depth technical description of how DCORP’s funding process works.

How Does The DEP Derivatives Exchange Work?

The core product launched by DCORP so far is the DEP Derivatives Exchange. That exchange is powered by Ethereum.

Using the exchange, investors can leverage, hedge, and trade options/futures over the blockchain. Some of the key features of the platform include:

  • Next generation, decentralized platform for options and futures trading
  • Simple, low-cost, and autonomous operation
  • Clever model of ascending stakes to maximize leverage in an anonymous world
  • Allow multi-token derivatives to spread out the risk
  • Safe and transparent exchange that uses a public, immutable, and zero-downtime ledger (the blockchain)

Who’s Behind DCORP?

DCORP was founded by Frank Bonnet, an entrepreneur with 9 years of experience building .NET applications. He’s also the founder, developer, and owner of a Netherlands-based insurance company named DS Verzekeringen.

Other key members of the team include Hansco Leek and Corben Leek. Full details of the DCORP team can be viewed online at DCORP.it.

You can contact the company by email at [email protected] The core members of the DCORP team appear to be based around Amsterdam.

The DCORP Crowdsale

DCORP’s crowdsale opened on June 1, 2017, and will end on June 29, 2017. Scaling bonuses are available throughout the sale. During the first week, for example, investors enjoyed a rate of 1 ETH = 550 DRP. That exchange rate drops to 1 ETH = 400 DRP by the last week. To participate in the sale, just send ETH to the DCORP address.

DCORP Conclusion

DCORP aims to streamline and democratize the world of venture capitalism. It introduces a unique concept into the world of VC funding – DCORP has created a token that allows the voices of shareholders to be heard within the organization they create, while also allowing shareholders to receive dividends or fund future projects.

In other words, it makes it easy for anyone to participate in – and benefit from – the world of venture capital.

The reason DCORP is “democratizing” venture capital is because even a non-technical person can benefit from a project. There are also unique concepts like the use of derivatives to help manage risk. So far, the core DCORP product is its DEP Derivatives Exchange, which is powered by the Ethereum blockchain.

The DCORP crowdsale is taking place until June 30, 2017. You can visit the company online today at DCORP.it.

[FREE] Get Our Best Crypto Trading, Mining & Investing Hacks:

*Action Required* Enter Your Email To Get Insight For Trending Coin News & Reviews

I will never give away, trade or sell your email address. You can unsubscribe at any time.

1 COMMENT

  1. Sorry to have to speak the truth that Mike Balagna and DCorp are international cyber thieves. I bought 600 or so DCorp tokens during their ICO and I still can’t get my tokens. Big scam and the entire staff should all go to prison. I’ll file my SEC complaint soon. Still giving them a chance after almost 6 months of asking for a refund or access to my tokens. They even convinced me to submit my driver’s license and other documents to get to Tier 2 security level to access my tokens, but still no access, and they are most likely selling my driver license and other personal information to the dark internet. My goal is to see them tried as criminals also.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

seven + sixteen =