Published: Mar 05, 2018

Distributed Credit Chain (DCC)

Website

Status

ICO

Distributed Credit is a carrier serving financial service providers in distributed business rather than a blockchain version of traditional bank.

Whitepaper

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Interest lvl

Updated: May 04, 2018

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User Rating

Medium

3/5 • 1 votes

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Ticker

DCC

Type

Utility-token

FoundedSingapore, 2018

Registration countrySingapore

Registration year2018

What is Distributed Credit Chain

Distributed Credit is a service to launch a Public Blockchain to establish business standards, reach consensus on the books, deploy business contracts, implement liquidation and settlement services, and so on, for a variety of distributed financial business.

Distributed Credit Chain Roadmap

2017

Established unified identity system based on the Ethereum test network.
DCC testnet launched.
DCC online credit declaration contracts deployed on DCC test net.

Q1-Q2 2018

First personal loan product DApp launch on DCC, DCC Explorer launch.
Distributed Credit Chain open platform launch, second DApp launch.
Interface with more than five financial institutions with services ranging from loan, data and risk control.

Q3-Q4 2018

Open self-creation API of Distributed Credit Chain.
Establish unified DCC MPC.
Enter Indonesia lending market.

2019

Enter Vietnam & other SEA country lending markets.
Continue to develop and expand in the SEA lending markets.

2020

DCC public chain migration.
Initiate development of Asset Manage and Settlement systems.

Token Sale Dates

ICO

Start date: May 28, 2018

End date: Jun 28, 2018

Token Allocation

Total Token Supply 500,000,000

Funding Details

Soft Cap 14,500ETH

Hard Cap 15,356,300 USD(fiat)

Funds Raised (as of now) 49,000,000 USD

Restrictions

Residents of the following countries are prohibited from participating
China, United States,

Token distribution

15% - Market & Cooperation Agency & Consultants
17% - Private round
5% - ICO
20% - Management Team
28% - Foundation
15% - Eco Reward

Funds allocation

30% - Labor Costs
25% - Marketing
10% - Business
5% - Consultancy
5% - Ecosystem Operations
25% - Reserve Fund

Token Price and Payment Options

Token price USD 1 DCC = 0.0420991 USD

Accepted Currencies ETH

Project team

Stewie Zhu

Founder of TN Tech

Stone Shi

TELECOM, Ingenieur

Daniel Lu

Ph.D. in Mathematics, Yale University

David Ha

Manages DCC’s Vietnamese community

Diane Imas

Senior Public Relations Director at Distributed Credit Chain (DCC)files/4305-53221.jpg

Kyle Hadfield

Community Manager

Youngji Leem

Works on branding, digital marketing and community management at DCC，in Korea Graduated from Tsinghua University

Matthew Chang

Managing Director of KKR, Leading expert in the areas of private equity, fixed income, and capital markets

Advisors

Yu Chen

Partner of JX Capital, Famous angel investor

Ming Yao

CTO of CCX Credit, the pioneer of China's domestic rating industry

Zhiwu Chen

Former Professor at Yale University, Research Director at Hong Kong University

Henry Cao

Renowned financial economist, Professor in CKGSB, finance