Aurora (DVIP)ICO Aurora is a collection of Ethereum applications and protocols that together create a decentralized banking and finance platform. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is Aurora
Aurora's own currency is backed by a combination of cryptocurrency reserves and debt, and is available to customers via loans based on their digital economic reputation.
Aurora is implementing a crypto rewards program, enabled by the Aurora token, to encourage the creation of limit orders on IDEX market are eligible to receive Aurora token grants.
Fees from the Aurora banking system will then flow back to those who stake the Aurora token and provide the economic foundation.
Aurora customers can deposit their Ethereum assets with the bank, and in return receive a new Ethereum cryptobond. The new bond will have a set duration and interest rate.
Aurora snowglobe is a protocol for high-perfomance, EVM-compatible, decentralized childchain exchanges.
The integrity of the parent chain is enforced by the Aurora token.
DetailsPublic sales: Dec 03, 2017 - Jan 03, 2018Raised: 6,391,168 USD BountyBounty: 3%Translation: 10% Bitcoin talk signature campaign: 30 % Other: 60 | Token infoTicker: DVIPType: Cryptocurrency Token standard: ERC-20 Token price in USD: 1 Token = 3000.000000 USD Funds allocation: 40% - Market maker rewards, marketing campaign 10% - IDEX memberships 20% - Team 10% - Future employee token pool 10% - Future use 5% - Initial inveators 5% - Businesses expenses |
Aurora Roadmap
IDEX launch on the mainnet. Semi-decentralized architecture consists of Ethereum smart contract plus central trading engine and transaction arbiter.
API integration. Opening the platform via API access has enabled the development of trading bots, increasing liquidity and improving market efficiency.
IDXM membership sale starts
AURA airdrop on IDXM holders
Boreals go live with market making to stabilize the price
Deploy childchain architecture, allowing IDEX to increase transaction throughput.
Decentralization of the orderbook and transaction arbiter. This completes the transition of the current IDEX product to a decentralized childchain exchange.
Margin trading support. Including this functionality in the protocol will put the UX on par with existing centralized exchanges.
Launch the Snowglobe MVP, allowing other exchanges are now able to build on the protocol. This is dependent on the development of scaling solutions such as sharding.
Fully decentralized Aurora mvp with Decentralized Capital boreal loans