Overview : Depository Network is a high-tech infrastructure enabling lenders worldwide to accept digital assets as collateral. Any lender can use DEPO infrastructure to build custom depository platform and accept different types of digital assets as collateral. Holders of digital assets retain ownership for the entire loan period. The terms for the collateral contracts are deļ¬ned by every lender individually.
Depository Network (DEPO) ICO Review, Ratings, Token Price
| Name | Depository Network : The World’s First Decentralized Multi-Platform Collateral Infrastructure |
| Ticker | DEPO |
| Token Type | ERC20 |
| Token Price | 1 DEPO = 0.02 USD |
| Available for Token Sale | 1,500,000,000 DEPO (50%) |
| Token Sale Date | 06/26/2018 – 12/15/2018 |
| Review | - |
Depository Network is the world`s first multi-platform network enable lenders (P2P
lending marketplaces, banks, other credit institutions) to accept digital assets as
collateral.
Mission
By building and spreading the DEPO multi-platform network globally, our aim is to
reach a tipping point for mass adoption of using blockchain assets in traditional
lending.
Means
Depository Network is a B2B project.
The world’s first decentralized multi-platform collateral network combining traditional
lending and blockchain technology.
Target users
More than 50,000 banks, sub-prime lenders, consumer finance companies, crypto
lenders and P2P lending platforms all over the world. Our goal is within 7 years to
reach 5 % penetration in global lenders market.
Token Info |
|---|
| Token | DEPO |
| Platform | Ethereum |
| Type | ERC20 |
| Token price | 1 DEPO = 0.02 USD |
| Tokens for sale | 1,500,000,000 DEPO |
| Tokens supply | 3,000,000,000 DEPO |
| Token Distribution | Pre-Sale, ICO = 50% Reserve = 26% Team, Founders = 12% Airdrop, Bounty, Advisor = 12% |
| Token Allocation | Product Development = 35% Marketing and Sales = 35% Legal and Administrative = 15% Exchange Listing = 10% Reserve = 5% |
Investment Info |
|---|
| Soft cap | 2,600,000 USD |
| Mid cap | 6,800,000 USD |
| Hard cap | 15,000,000 USD |
| Restricted countries | Canada, China, United States of America |
| Whitelist / KYC | Yes / Yes |
| Accepting | BTC, ETH, LTC, BCN, BTG |
| Min. investment | 100 USD |
| Token sale Date | 06/26/2018 – 12/15/2018 |
| Bonus | Pre-Sale = 75% ICO first stage = 50% ICO second stage = 25% |
 Ivo Gueorguiev |
 Jos Uitdehaag |
 Jason Hung |
 Waqas Khan |
 Filip Lyapov |
 Kapil Sharma |
 Hans Choi |
 Giovanni Casagrande |
 Dimitar Ivanov, PhD (Law) |
 Konstantin Djelebov |
| 2017 | Concept Definition |
| Q1-Q2, 2018 | Team Formation, Preparations |
| June, 2018 | First Prototype DEPO |
| Q3/Q4, 2018 | Private and Public Pre-sale, ICO |
| Q3, 2018 | Alpha Release DEPO |
| Q4, 2018 | Beta Release DEPO |
| Q1, 2019 | Official Launch of DEPO |
| Q4, 2019 | Users: 10 P2P lending platforms and 50 non-bank lending institutions |
| 2022 | Users: 50 P2P lending platfirms, 100 banks and 500 non-bank lending platforms |
| 2025 | Users: 800 banks and 1500 non-bank lending institutions |
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9.0 / 10.0 |
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4.6 / 5.0 |
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5.0 / 5.0 |
 |
9.3 / 10.0 |
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N/A |
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1114528
Donation:
ETH (ERC-20) Address: 0x86Ad36da59310683CfE8C2c66e798D2e636413fF
Bitcoin Address: 16DcB1iCq9rQ4PKQZUU8XhNcQ5qRCPmGsZ
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