DETHER ICO: NEXT BIG THING
Dether is a decentralized p2p ecosystem of crypto buyers, sellers and physical shops. Dether built a user friendly dapp that enables exchange for ether and tokens for cash. Dether is aiming to break barrier for mass adoption of ethereum and create a link for fiat and cryptocurrency using mobile devices for unbanked people. For anyone familiar with Bitcoins, the hesitation that the public has in using it is obvious. This is what has been pushing Ethereum forward; not only as an alternate cryptocurrency but also as a new platform to build better products and applications. Regular consumers are not cryptocurrency experts. They read about bitcoin and the blockchain; they also witness the rise and fall in the value of bitcoin; yet 99% of these people don’t know how to buy bitcoin or other cryptocurrencies. Dether will play a vital role of taking ethereum mainstream. Challenges face from buying/selling cryptocurrency is time consuming, complex for a layman and also more than 2.2billion people are unbanked. Dether is currently in its alpha testnet and will be on ETH main net by March 2018.
USE CASE (DETHER EXPLAINED)
Friend: What's wrong with am this exchanges nowadays. KYC process taking forever
Me: Have you heard of dether dapp
Friend: What is dether?
Me: Its a decentralized app that it used to exchange ether for fiat
Friend: Wow thats nice. How do I use it
Me: Send your ether to dether’s wallet and use dethers map to find nearby sellers
Friend: Just got a seller. How will I know I won't be scammed?
Me: Every seller has a reputation system based on number of transactions done.
Friend: Let me chat him up
Me: Good
Friend: We are meeting in 4mins at the coffee shop across.
TOKENSALE
Dether is hosting an initial coin offering (ICO) where dether native tokens "DTH" will be offered for sale to early investors. About 3,956ETH was raised during the pre-sale.
The Dether ICO will start on 7th February 2018 and will last for 7 days or until the maximum funding cap of 15,000ETH is reached.
A total of 100,000,000 DTH tokens will be ever be created of which 60% (60,000,000) will be offered for sale to investors according to the following price schedule:
1 ETH = 4,000DTH
18% of all DTH Tokens goes to the team which will be vested for 3 years with a 6 months release program, 11% to Strategic partners, 5% to early contributors and 3% to its Advisors. The remaining 3% will be allocated to the bounty pool for eligible bounty participants.
USE OF PROCEEDS
Tech and development- 40%
Legal- 15%
Operation- 20%
Marketing/business development- 25%
ROADMAP
OCT 2016- Founded 2016
MARCH 2017- Merkle week Hackathon
First Prize
JULY 2017- New website White Paper
intro ÐTH token
OCT 2017- Alpha version on Ethereum
Kovan testnet
FEB 2018- Tokensale
MARCH 2018- Version 0.1 on Ethereum main-
net
2018- BABYLON
2019- CAIRO
2020- VERSAILLES
2021- TOCQUEVILLE
SOCIAL LINKS
WEBSITE:
http://dether.io
WHITEPAPER:
https://whitepaper.dether.io
TELEGRAM:
https://t.me/joinchat/GkdUjUQ4jx_Apxmz2km4ww
TWITTER:
https://twitter.com/dether_io
MEDIUM:
https://medium.com/@DETHER
BITCOINTALK ANN:
https://bitcointalk.org/index.php?topic=2043651.0
MY BITCOINTALK PROFILE:
https://bitcointalk.org/index.php?action=profile;u=1014481
I really do love the look and feel of this company. From what I have seen so far everything looks fantastic.
Equally important they have a great team behind Dether.
Additionally the White Paper is very well done and thought out. The product and idea behind this platform is amazing.
Given these points remember ICO’s are riskier then buying coins that are already being traded on exchanges.
Thanks for reading my Dether Review.