In times where remote work and decentralized teams are growing most of our startup culture, collaboration tools become even more important for the creation of projects and smooth workflows.
Dogezer is creating a new collaboration platform on which its members are equal contributors and investors to a project. This way Dogezer will help to remove the usual investor. We had a closer look at their upcoming ICO.
What is Dogezer?
Dogezer is a young company who wants to help other startups with financing and developing their product ideas. This will be achieved in different ways. Firstly, Dogezer aims to remove the classic investors as “middleman” who provide a financial base. Founders will be able to execute their project using actual team members who provide workforce and knowledge, as investors.
Individual contributors will invest their labor into projects on the Dogezer platform (they are able to work on different projects) and therefore ensure its success. The team gets paid in project-specific coins – after a successful project launch, the founders can rebuy their coins from the project contributors.
In addition, the Dogezer platform is a set of tools and best practices for actual project execution. It will provide a marketplace, where founders can find project contributors, finance tools, a version control system as well as file, docs and messaging tools.
Dogezer ICO Details
Pre ICO phase has finished and the company is preparing for its official ICO, starting on January 15th until February 15th, 2018. From their 100,000,00 DGZ the company reserves itself 2,000,000 DGZ for bigger investments, so the total number of tokens will be 98,000,000. All unsold tokens will be burned.
- Jan 15h 13:00 UTC – Jan 22th 00:00 UTC – 0.90 USD per 1 DGZ
- Jan 22h 00:00 UTC – Jan 29th 00:00 UTC – 0.95 USD per 1 DGZ
- Jan 29h 00:00 UTC – Feb 5th 00:00 UTC – 0.98 USD per 1 DGZ
- Feb 5th 00:00 UTC – Feb 15th 00:00 UTC – 1.00 USD per 1 DGZ
- Total Tokens: 100,000,000
- Tokens for sale: 94,000,000 – 98,000,000
- Founders Token: 0.5% of all Sold Tokens, vested over 3 years with 1-year cliff
- Bounty Program: 1,5% of all sold tokens
The total number of tokens being sold is not predictable, so Dogezer is planning to distribute the token sale like the following:
Funds from $1M – $5M:
- 75% Development
- 10% Marketing
- 10% Legal
- 5% Servers and Support
Funds from $5M on:
- 50% Development
- 35% Marketing
- 5% Legal
- 10% Servers and Support
The Dogezer ICO Verdict
Dogezers aim to create a platform that helps entrepreneurs to realize a project with the help of investments from individual contributors and combining it with a work collaboration toolkit seems to be something that will be needed in times where remote work is on the rise. But as with all ICO investments, we advise researching carefully. More information about Dogezer can be found on the company's website.