DDF ICO begins Monday 10th July! @BlockRush

in #news7 years ago (edited)

DDF: Digital Developers Fund

Digital Developers Fund(DDF) Asset Ltd is a Camama Bay, Grand Cayman based company which was founded in 2010 as Domain developer Fund. It was later re-branded to Digital Developers Fund and is on a mission to reduce the entry barrier for investment into digital assets.

The company believes investing into domain names and crypto-currency requires huge background research, foresight and huge capital - all of which the average person cannot afford.

For those who have enough funds to enter into ICOs, they are usually driven by hypes and lack enough information to make good judgement, causing them to invest into over-hyped tokens. The result is that only wealthy investors and VC get to invest into the best of the crypto currency market.

DDF hopes to remove this challenge by being a hedge fund which researches and invests into crypto currencies on behalf of its investors.

The mission of DDF is to:

 Simplify investing and make it more accessible and safer to invest in digital assets.


DDF token ICO crowdsale


DDF plans to hold an ICO to raise upto $90 million(247,500 ETH) to further its mission. 70% of funds raised from the ICO will be invested into the portfolio of premium of domain names and crypto-currencies; 15% will go to a reserve fund and the other 15% to fund company operations.

DDF ICO crowdsale will begin on Monday July 10th 2017 and will last till the token supply runs dry or in 30 days! Being an Ethereum based ICO, Bitcoin is not supported, only Ether is allowed. Also, US citizens will are supposed to invest into the DDF token crowdsale.


Token exchange

Currently DDF tokens will be supported on COSS.io, a Singaporean crypto-currency exchange right after the ICO ends. However it is expected that more exchanges will simultaneously support the DDF tokens.


Should I invest?

Considering the investment prospects of DDF, it seem to have most of the recipes for a good investment.



Experience

DDF claims to has already invested over $3.4 million into domain names and crypto-currencies and holds over 1,540 high vale premium domains including Audit.com, Exhibitions.com, Swords.com, PR.uk as well as portfolio of country.net names including Belgium.net and Spain.net.

DDF also boasts of success in trading cars.net for $170,000.


Solid management team

DDF boasts of its team:

With a combined experience of 15 years in crypto currencies, 20 years in domain names and 35 years in finance, our team is fit to meet the challenges of digital assets.


Fund diversity

DDF hopes to invest not only into premium domain names but also into 700+ crypto-currencies and currently holds small amounts of Bitcoin, Ethereum and other cryptocurrencies.

Should the domain name portfolio fail, they have crypto currency portfolio to back them up. This diversity would protect the funds of investors who hold the DDF tokens as all their eggs would not be in one basket.


Transparency

DDF has partnered with Token-as-a-Service (TaaS) to use their proprietary Crypto Audit technology to ensure transparency in their project.


Automated payouts

Token holders would receive 50% dividends on all profits made by the fund quarterly. Payouts would be automated by smart contracts, ensuring transparency and autonomy.


Steemit Talk:

  • What do you think of the DDF ICO?
  • Would you consider investing into DDF ICO which begins in less than 24 hours?

Let us know of your opinions by commenting below! Follow @BlockRush for more reports on #Blockchain!

Image credits: DigitalDevelopersFund.com


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Do not forget to upvote, resteem and comment so others can find this post.


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They will miss the ENS train if they just focus on normal domain names...

Let's see if their portfolio will beat Iconomi's performance.

They should diversify in more asset classes than just cryptocurrencies and domain names... why too much risk and volatility involved if they want more stable returns.

Nevertheless it sounds like one of the more promising ICOs out there (:

p.s.: change your title to monday the 10th (:

thanks @cobalus for the correction! Have your read our report on how Russia could save Ethereum? > https://steemit.com/steemit/@blockrush/8-compelling-reasons-why-russia-must-legalize-bitcoin-and-icos-blockrush

Not yet, but I will (:

I'm in..... automatic diversification of assets. Seems like a no brained PLUS the quarterly dividends is clutch on top of it all...! Upvoted and resteemed. Now I'm off to get some of the ICO and hold. Thanks again for the easy to follow info!!

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