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cleber3103
Newbie
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Activity: 39
Merit: 0
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July 24, 2018, 11:28:59 AM |
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I really like this project! Thank you! Twitter account : https://twitter.com/cleber3103Telegram : @cleber3103 #Joined Daox Airdrop
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P3JUH
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Activity: 368
Merit: 0
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July 24, 2018, 02:34:49 PM |
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SIGNATURE CAMPAIGN Bitcointalk name: P3JUH Rank: Jr. Member Current post count: 34
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Jimbo Abu
Jr. Member
Offline
Activity: 170
Merit: 6
(┛❍ᴥ❍)┛彡Axi
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July 24, 2018, 02:37:10 PM |
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Signature Campaign. Bitcointalk name: Jimbo Abu Rank: Junior Member Current post count: 152
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/Bitcoin / Ethereum / Ripple /
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crownblack
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Activity: 140
Merit: 0
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July 24, 2018, 02:38:05 PM |
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SIGNATURE CAMPAIGN
Bitcointalk name: crownblack Rank: Jr. Member Current post count: 128
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dukeisaac1
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Activity: 3
Merit: 0
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July 24, 2018, 05:27:48 PM |
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Veneleaniz
Newbie
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Activity: 73
Merit: 0
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July 24, 2018, 10:11:19 PM |
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Advantages for Investors (a) Safety: all the proceeds raised and stored following the principles of Daox are protected from misuse and unauthorized withdrawal. The finances are securely stored in Ethereum smart contractsand could only be used on project development. Therefore, scams and any other fraudulent activity are almost completely eliminated. (b) Value of Tokens: the funds raised via Daox principles are kept at investors’ disposition; the way they are managed further on is determined by voting. Therefore, even upon transferring funds to the project, the investor owns an asset as the digital share of a DAO (a token). (c) Project team is motivated: when the startup team does not receiveall the funds at once, but rather gets tranchesas work proceeds, the level of motivation rises significantly. This in turn increases the chances of success of the startup. This is one of the reasons why the fundsare being transferred as tranches when it comes to traditional forms of investment,and it is indeed needed to be implemented in crowdfunding and ICOs. (d) Transparency: project initiators may get funds gradually by publishing proposals, whereby this procedure can only take place when approved by the majority of investors. (e) Lowering the risks: according to Daox principles, each Daox-based organization has a functionality to return investments, if the investors decide that the founding members fail to achieve the assigned goals.
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