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DREP (DREP)

ICO

DREP enables Internet platforms to quantify, monetize, and share reputation value.

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Overview

Project industryIdentity & Reputation
Product typeEcosystem

What is DREP

DREP focuses on solving challenges for different types of internet platforms including social networking platforms, e-commerce platforms, content platforms, gaming platforms, tool platforms, etc.

By introducing economic incentive modules DREP aims to encourage participants of internet platforms to value and maintain their own reputation because users with high reputation characteristics can accumulate relatively higher reputation value and gain economic rewards proportionately.

Decentralized Reputation System (DREP) is a decentralized solution based on blockchain technology that quantifies and monetizes reputation value and uses it for trading, making investment, sharing data and providing services for all the Internet platforms.

Details

Token supply: 3,000,000,000 DREP
Hard cap: 19,800,000 USD
Raised: 19,800,000 USD

Legal

Blockchain Platform: Ethereum
Country limitations: China, United States
Registration country: Singapore

Token info

Ticker: DREP
Type: Utility-token
Token price in USD: 1 DREP = 0.0077 USD
Accepted currencies: ETH
Bonus program:
Private Strategic Sale: no bonus
Private Presale: 15% bonus
Public Presale: 10% bonus
Public Crowdsale: 0% bonus
Token distribution:
40% - User acquisition and strategic partnerships
30% - Token sale
15% - Community development, branding and treasury
15% - Team
Funds allocation:
50% - Development
20% - Staffing
10% - Legal
10% - business development
10% - Operations

DREP Roadmap

1
Q3 2017

Initiate DREP project, design project framework, and draft the white paper.

2
Q4 2017

Project framework design including four economic incentive models and reputation-based smart contract.

3
Q1 2018

Register DREP Foundation in Singapore; Private funding at a discounted price.

4
2018 Q2

1. Case sponsor for Shanghai-Singapore Business Forum x Hackathon 2018 2. Co-establishment of Sino-Singapore Innovation Alliance (SSIA)

5
Q3 2018

1. Cooperation with Nanyang Technology University of Singapore to establish a joint blockchain lab and training center 2. Further enrichment on Reputation Quantifying Algorithm Library 3. Development of plugins on application layer 4. Launching of first internally incubated DRApp

6
Q4 2018

1. Deployment of third party KYC interface 2. Deployment of third party IP Protection for content platforms 3. Beta test of reputation infrastructure network.

7
2018 June

DREP first Internal- incubated DAPP launched.

8
2018 Q4

Beta test of reputation infrastructure network.

9
2019 Q1

1. Main net launch 2. DREP Wallet/Explorer 3. Introduction of third party reputation algorithm library.

10
Q2 2019

1. Development of more plugins and derived applications 2. Cross-chain interoperability.

Project team

Matt Bennie
Matt Bennie
Co-Founder
Matt Bennie linkedin
Stephen Xu
Stephen Xu
Co-Founder
Stephen Xu linkedin
Momo Chang
Momo Chang
Co-Founder
Momo Chang linkedin
Eric Chao
Eric Chao
Core Developer
Eric Chao linkedin
Xuan Zhang
Xuan Zhang
Lead UX/Ui Designer
Xuan Zhang linkedin
Akmaral Orazaly
Akmaral Orazaly
Data Analyst
Akmaral Orazaly linkedin
Belinda Zhou
Belinda Zhou
Lead BizDev
Belinda Zhou linkedin
Ricial Fan
Ricial Fan
Public Relations
Ricial Fan linkedin

Advisors

Adrian Lam
Adrian Lam
Advisor
Lien Siaou Sze
Lien Siaou Sze
Core Business Advisor
Nicola Bettion
Nicola Bettion
Core MENA Advisor
Joel Ng
Joel Ng
Advisor
Genlin Shen
Genlin Shen
Advisor
Qi Zhou
Qi Zhou
CEO and Founder of QuarkChain
Qi Zhou linkedin

Social media

DREP web-siteDREP RedditDREP MediumDREP TelegramDREP LinkedInDREP TwitterDREP Facebook

User rating:

5/5 ( 1 )
0

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