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DUO Network (DUO)

ICO
DUO Network bounty

DUO is a decentralized, income-generating stable token backed by first-class financial engineering and market proven model.

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Overview

Project industryBlockchain Infrastructure
Product typeService
WhitepaperDUO Network White Paper Open

What is DUO Network

The design of the DUO Network requires a token whose value is implicitly linked to the growth and adoption of the Network. Mechanisms used to reward good behavior and promote expansion need to be tied solely to the success of the Network. A utility token owned by the DUO Network is required.

The DUO Network Token is an ERC-20 compatible token issued on Ethereum, with limited supply. It is the primary token used for DUO Network’s smart contracts.

DUO contract accepts ether as collateral and takes an ETH/EOS price feed (it’s usually quoted in EOS/ETH but a simple reversion will do the math), can provide Class A Token pegging to EOS value, and Class B Token with leveraged exposure to ETH/EOS price (or from another perspective, a bear leveraged exposure to EOS/ETH price).

The DUO concept can be extended beyond price-stable tokens. The flexible design of the smart contract allows collateralized assets being extended from ether to any ERC-20 tokens, and the price feed from any trading pair.

Token info

Ticker: DUO
Type: Utility-token
Accepted currencies: ETH
Token distribution:
40% - Sale
26% - Team, Advisers, Early Investors
24% - Community Reserve
10% - Operation Reserve

DUO Network Roadmap

1
2018-01

Market research and idea generation (done).

2
2018-02

Theoretical verification, white paper preparation (done).

3
2018-03

White paper release, product design (done).

4
2018-04

Seed Funding (done).

5
2018-06

Test-net deployment, code release (done).

6
2018-07

Private Sale.

7
2018-08

Public Sale.

8
2018-09

Main-net product launch.

Project team

Yizhou CAO
Yizhou CAO
Co-Founder & CTO
Yizhou CAO linkedin
Guojie LIU
Guojie LIU
Investor Relationship
Guojie LIU linkedin
Jerry LI
Jerry LI
Co-Founder & CEO
Jerry LI linkedin
Tony REN
Tony REN
Blockchain Architect
Tony REN linkedin
Weitao YANG
Weitao YANG
Blockchain & Data Engineer
Weitao YANG linkedin
Xiaobo WENG
Xiaobo WENG
Financial Engineer
Xiaobo WENG linkedin
Sihao WEN
Sihao WEN
Front-End Designer & Engineer
Sihao WEN linkedin
Wenjing ZHANG
Wenjing ZHANG
Financial Engineer
Wenjing ZHANG linkedin

Advisors

Prof. Steven KOU
Prof. Steven KOU
Prof. Steven KOU linkedin
Prof. Min DAI
Prof. Min DAI
Prof. Min DAI linkedin

Social media

DUO Network web-siteDUO Network MediumDUO Network TelegramDUO Network TwitterDUO Network Github

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