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Distributed Credit Chain (DCC)

ICO

Last updated: May 04, 2018

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

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Overview

Project industry	Finance Services & Banking
Product type	Platform
Founded	Singapore, 2018
Whitepaper	Open

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.

Details

Public sales: May 28, 2018 - Jun 28, 2018
Token supply: 500,000,000
Soft cap: 14,500ETH
Hard cap: 15,356,300 USD(fiat)
Raised: 49,000,000 USD

Legal

Country limitations: China, United States,
Registration country: Singapore
Registration year: 2018

Token info

Ticker: DCC
Type: Utility-token
Token price in USD: 1 DCC = 0.0420991 USD
Accepted currencies: ETH
Bonus program:
28.05 7pm-8pm HKT - 1ETH = 14700 DCC
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

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.