DECOIN is a project with big dreams. Believers in the transformative capability of blockchain, DECOIN has set out to create a new standard of platform. DECOIN dubs themselves as ‘The coin of the people’. In believing this, the planned platform is one meant to incentivize and benefit its users.
Looking to take the next step in mainstream adoption, DECOIN will be releasing a branded crypto-card. This card will function like a simple credit card, but draw upon your cryptocurrency holdings for funding. In doing so, people will be able to experience the convenience that they have become accustomed to, while being able to reap the benefits of their investments. The card to be released by DECOIN will come in 5 different tiers, with various perks/rewards for each tier. Full details on these cards can be found in their whitepaper.
In addition to making cryptocurrency more accessible to everyday users, the company will also be releasing services traditionally seen in the industry. These services consist of both an exchange, and trading platform. The platform will be powered by the native DECOIN token – DTEP. This token will function as a means to transfer value, in addition to providing its holders with ancillary perks. One of these being discounts on transaction fees when paid in DTEP.
To entice people to use their platform over the alternatives currently in the industry, DECOIN has decided to put a focus on the user. The exchange will engage in revenue distribution. This means that the team plans on redistributing 10-20% of profits seen on the exchange to its users.
Another means to generate growth, that many holders may use, is staking their coins. In staking their DTEP, users will be entitled to a guaranteed return of 6.2%. To gain the ability to allow staking, this means that DECOIN has foregone the commonplace POW protocol in favour of POS. By choosing to operate with a POS protocol, the company is ensuring that they remain energy efficient, while allowing users of varying worth to benefit from its nature.
Each of these services and more, are expected to be up and running with this first year of operation. The company has set forth a roadmap showing the planned launch of a DTEP index, wallet, and exchange platform before 2018 comes to a close. Soon after, the trading platform will be launched in Q1 of 2019.
The team behind DECOIN is vast. With experience in many fields ranging from finance to sales, they have the knowledge to allow DECOIN to succeed. Founder Nadav Moshe, and CEO Shay Perry, have built a well-rounded team.
Founder & CTO – Nadav Moshe
CEO – Shay Perry
CMO – Yuval Cherbis
VP Business Dev. – Ari Recht
COO – Michael Kogan
To support development and deployment of the project, the team at DECOIN is hosting an upcoming ICO. Currently in the ‘private sale’ stage of their ICO, the team is looking to raise up to a hard cap of $30 million.
If the project sounds intriguing, make sure to read through their whitepaper for the full scoop on DECOIN.
For full details on the DECOIN ICO, make sure to check out their website HERE.