The decentralized digital content distributor, DECENT, is getting create to launch its ICO inward September. People tin move already participate inward the ICO, though, through the project’s bounty system.
DECENT ICO in addition to the Bounty System
According to Matej Budo, the ICO will get September 10th, but for now, people tin move engage inward bounties to participate inward the pre-ICO drive that allows people to earn DECENT tokens (DCT). This vantage scheme opened to the populace on August 3. DCT bounties or rewards tin move move earned past times anyone sponsoring the projection inward about way, such every bit next it on Twitter, Facebook or another shape of social media. The bounty scheme volition describe of piece of occupation organisation human relationship for 1 1000000 DCT out of 38 1000000 that volition move allocated to pre-ICO drive funds.
Additionally, past times participating inward the bounty scheme people tin move earn stakes, according to which, the developers volition count proportionally towards each reward.
After the drive is over in addition to later all the information has been collected, developers volition stand upward for the sum of stakes each mortal has in addition to volition contact them through their respective social media accounts used to bring together the campaign.
DCT issued through promotional bounties volition move farther divided in addition to allocated differently on dissimilar social media platforms.
The funds volition move divided every bit follows:
- Newsletter bounty: 150,000 DCT
- Facebook bounty: 100,000 DCT
- Signature drive bounty: 300,000 DCT
- Twitter bounty: 150,000 DCT
The other 300,000 left over volition move allocated inward another trend later the ICO. Also, all rewards volition move distributed later the project’s launch.
The Roadmap Forward
DECENT seems to move an interesting see that could pique the involvement of anyone inward the cryptocurrency community. Interestingly however, according to projection leader Matej Budo, it seems a lot of the interest inward the platform is currently emanating from China.
In fact, a few of the partnerships DECENT has formed are amongst groups or organizations located inward China, including Wanbizu, a China-based tidings site.
Additionally, Matej Michalko, a fellow member of the DECENT team,recently visited China to attend diverse bitcoin conferences inward the province in addition to to beak most the decentralized platform.
While he was in that place he organized a QQ hangout at the asking of Chinese DECENT fans, where over 140 people stimulate got joined the project’s group. In improver to the platform’s popularity inward China, bounty system, in addition to upcoming ICO, the developers at DECENT stimulate got besides published a pocket-size roadmap or evolution plan.
In it, they map out iv dissimilar stages or milestones that the squad would similar to eventually reach. First, they conception to instruct the meat customer upward in addition to create past times Q1 or Q2 of 2017, in addition to from therefore on they conception to force a novel version every half dozen months.
Addressing questions most the platform’s launch time, Budo believes they must move careful to brand the projection is truly create to launch, explaining:
“Many inquire us why nosotros are launching therefore slow later the ICO, but if you lot expression at the dissimilar situations, like DAO and Steemit,which were both hacked, I don’t intend those projects were truly create to launch. So, this is why nosotros don’t rush things in addition to brand certain everything is create on both the tech side in addition to describe of piece of occupation organisation side — therefore that when nosotros launch — the network won’t move dead-on-arrival.”
Second, the developers at DECENT desire people to move able to create dApps on move past times of DECENT-core, which they hold back to hap Q2 or Q3 of 2017. Thirdly, they desire to expand the reach of app creation on the customer in addition to include things similar a DECENT app shop past times onetime inward 2018.
Finally, they desire to integrate the DECENT network to hardware applications such every bit boob tube in addition to flow content inward a decentralized manner. The developers are hoping to brand this characteristic available to the populace past times Q2 or Q3 of 2018 past times the earliest in addition to Q1 or Q2 of 2019 past times the latest.
What create you lot intend of DECENT, its bounty scheme in addition to upcoming ICO inward September? Let us know inward the comments below!
Images Courtesy of DECENT, Matej Budo.