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The Digital Reserve (DRN)

ICO

The Digital Reserve Network (DRN) is an open source peer-to-peer payment and lending network protocol that uses its own cryptocurrency – Denarii. The DRN Protocol is designed to create a sustainable model for financial inclusion while producing economic incentives for network stakeholders.

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Overview

Project industryCrowdfunding & Lending
Product typePlatform
WhitepaperThe Digital Reserve White Paper Open

What is The Digital Reserve

The Digital Reserve Network enables peer-to-peer payments, sustainable lending, and collateral free borrowing. The Digital Reserve is designed to create a sustainable model for financial inclusion while producing economic incentives for network stakeholders. The Digital Reserve Network aims to incentivize financial literacy through learning-based rewards and the elimination of predatory lending practices within the network. The DRN is a secure, scalable and decentralized BlockDAG goverened by a responsive monetary overseer: the Denarii Protocol.

Details

Token supply: 4,800,000,000

Token info

Ticker: DRN
Type: Utility-token
Token price in USD: 1 DRN = 0.01 USD
Token distribution:
20% managed by the Digital Reserve, P.B.C. for its ongoing operations and dividends.
80% public issuance
Funds allocation:
29.3% - R&D
29.3% - community development
10% - support expenses
31.3% - administrative, management, support

The Digital Reserve Roadmap

1
Late June - Early July 2018

First Major UX Interface.

2
September 2018

Testnet V1.

3
December-January 2019

Testnet V2.

4
February 2019

Institutional Plugins.

5
April-May 2019

MainNet Launch and Denarii Issuance/Distribution.

6
October 2019

Multi-Signature CryptoWallet Insurance Pools.

7
February 2020

Lending Daps.

8
July 2020

Lending Wallet Dapps.

9
2021

Integration with Institutions and Interoperability Applications.

10
2022

Upgrade of Post Quantum Signatures – Scheduled Hard Fork.

Project team

Jomari Peterson
Jomari Peterson
CEO, Founder
Joshua Rittenberg
Joshua Rittenberg
Co-Founder
Emannuel Johnson
Emannuel Johnson
Developer – Automation & Consensus
Amina Emenena
Amina Emenena
Developer – System Design and Implementation
Troy Wiipongwii
Troy Wiipongwii
Developer – Machine Learning & Economics

Social media

The Digital Reserve web-siteThe Digital Reserve MediumThe Digital ReserveYouTubeThe Digital Reserve TelegramThe Digital Reserve BTCTalkThe Digital Reserve LinkedInThe Digital Reserve TwitterThe Digital Reserve FacebookThe Digital Reserve Github

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