The blockchain network is facing the revolution in the world of cryptocurrency. This is applying all the innovative challenges to make it incredible and popular among everyone. Distributed Credit Chain or DCC is the world first to distribute the banking through the public blockchain.
Tokens Distribution
The foundation is planning to issue tokens for encrypting digital currency of DCC. It will qualify for the investors crediting the banking invited for the investment in fundraising 18% percentage by the investment for no less than ETH. DCCs will be locked total 25% of unlocked for total with the opening exchange for another 25% unlocked for every two months unlocked in 6 months. The ICO will round for 200,000,000 DCCs and will be issued to non-Chinese and American investors and it will be circulated directly for the exchange of ETH on DCC token.
The contributions will be held by the distributors after the token sale for the contributors having no economic or legal right. This will be beneficial for the interest contributing the assets for trading DCC developing and operating independently to sale the DCC. It will create the Foundation of distributor creating the secondary markets without any entity.
Token Allocation
The total amount of tokens will be allocated in a certain manner. Around 18% of tokens will be allocated during the private round and it will be used to follow-up the project development and recruitment of marketing. The tokens will be locked by private keys for 6 months and it will unlock for 3 working days. 2% will be allocated for ICO will be qualified individual investors accepted without any lock-up. 28% will be there for the foundation for the service for DCC research including the lock-up for a year for the announced foundation. 15% will be for market and cooperation agency and consultants and this will be used as a bonus reward for the early project by the partners promoting and publicizing DCC start-up the system with the team and consultants.
This will also lock-up for 3 years consistently releasing year by year. 17% will be for Eco Rewards for 100,000,000 DCC tokens rewarding in the first year, 90,000,000 to 50,000,000 DCC tokens will be rewarded for next 5 years and it will have annual rewards for 50,000,000 levels. The remaining 20% will be allocated for the management team and it will be used for the incentives and motivates founded while he teams require efforts encouraging follow-up. The tokens will be locked by private keys for the entire period and will be unlocked for 3 years.
Raised Funds
Even the fund will be raised for a specific proportion. For labor cost it will be 30% will be used for developing DCC, marketing will be 25% as it is committed to building a decentralized financial system by the incurred dissemination of significant cost, business cooperation it will be 10% for the ecosystem with the support of distributed business scenario, consultancy fund will be reserved 5% for further development blockchain technology needed engaging enough for technical consultancy, ecosystem operations will maintain for 5% to maintain the operating cost of the ecosystem and the rest of the 25% will go to the reserve funds responding operational risk and force for certain factors.
DCC is empowering the credit for the blockchain technology in return of ownership to data individual transforming in different financial scenarios realizing true inclusive finance
Website : http://dcc.finance/
Whitepaper : http://dcc.finance/file/DCCwhitepaper.pdf
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