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Full Name
Depository Network (DEPO)
Symbol
DEPO
Algorithm
ETH Token
BTC Price
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BTC Market
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BTC 24h Vol
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Total Coins Mined
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1h
24h
7d
Description

Depository Network (DEPO) Crypto ICO Description

Depository Network is a decentralized depository service for banks and other money-lending institutions. It works as an intermediary between money lenders and borrowers, allowing the users to request money loans and use cryptocurrencies as a guarantee. Depository Network uses a P2P (Peer to Peer) mechanism in order to provide both institutions and individuals a direct link and choose their own risk policies, aligned with the rules of each lender/borrower.

The DEPO is an Ethereum-based (ERC/20) cryptocurrency. It is the token that will power the platform as it will serve for the user to access goods and services available on the Depository Network.

Technology

Depository Network (DEPO) Crypto Technology

Sorry, detailed technology about Depository Network (DEPO) is not currently available

Features

Depository Network (DEPO) Crypto Features

Sorry, detailed features about Depository Network (DEPO) is not currently available

ICO Status

Depository Network (DEPO) ICO Details

ICO Status
Upcoming
Token Supply
3000000000
Start Date
2018-11-01
End Date
2018-12-15
Fund Raised (BTC)
N/A
Fund Raised (USD)
N/A
Start Price (USD)
0.02
Security Audit Company
N/A
ICO Legal Form
Corporation
ICO Jurisdiction
Estonia
Legal Advisers
N/A
White Paper

Depository Network is a decentralized depository service for banks and other money-lending institutions. It works as an intermediary between money lenders and borrowers, allowing the users to request money loans and use cryptocurrencies as a guarantee. Depository Network uses a P2P (Peer to Peer) mechanism in order to provide both institutions and individuals a direct link and choose their own risk policies, aligned with the rules of each lender/borrower.

The DEPO is an Ethereum-based (ERC/20) cryptocurrency. It is the token that will power the platform as it will serve for the user to access goods and services available on the Depository Network.

Team:

  • Svetoslav Dimitrov: CEO & Co-Founder
  • Dimitar Kostov: Technology Board Member and Investor. 
  • Martin Kuvandjiev: Technology Board Member.  
  • Delyan Nikolov: Co-Founder & Chief Strategy Officer
  • Valeri Valtchev: Co-Founder & Business Development. 

Depository Network ICO will begin on November 1, 2018. The ICO token supply represents 50% of the total token supply, so there is a total of 1,500,000,000 DEPO tokens available, for 0.02 USD each. The ICO funding target is 2,600,000 USD, the funding cap is 15,000,000 USD and is expected to end on December 15, 2018 or when the funding cap is reached.

Token Reserve Split (50%):

  • 26% DEPO Reserve;
  • 12% team and founders.;
  • 12% bounty program, airdrop program, advisors and ICO marketing.

Depository Network ICO features a bounty campaign as well as bonuses on the Pre-Sale.

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