Pengenalan tentang DES ( Decentralized Escrow)
Peace be upon you, and Allah SWT mercy and blessings
Hello my dear friend, now I will discuss about what is
Introduction to DES (Decentralized Escrow), hopefully what I write can add
knowledge of friends who read, thank you.
INTRODUCTION
ICO as a new way of finacing business ideas and ongoing projects is gaining more and more popularty .
The volume of funds pouring into the blockchain economy has been
increasing steadily over the last years
, ICO investments are already estimated at billions of US dollars.
ICO market advances so fast that it is hardly possible to follow
a growing number of ICO campaigns there is no chance to clarify the intentions
and efficiency of every team operating at the market.
Blockchain is a unique technology that my give birth to many
new multibillion dollar companies . Howeve it can’t insure investors againt
scam and fraud. Some projects plan to fleeaway with the funds straight after
the ICO.
Other recognize the failure to meet challenges or unmanageable scale of work
after they had collected the funds. In bothcases all the raised funds are already at the company’s disposal and further us of invested money is
out of the control.
Unfortunately ,this innovative approach to fundraising – ICO
, has several substantial drawbacks.
Inthis document we describe the blockchain solution that is
capable to solve the problems mentioned above.
DES – Decentralised Escrow Service – The first ever decentralized escrow – platform fo ICO implementation.
IN CAN FIX FOLLOWING ISSUES
-Distrust in startup project
-Lack of confidence is escrow (due two human factor)
-Lack of control over the use of invested funds
-Absence of user friendly interface for interaction with startup project in the
process of the development of the final product.
Problem mentioned above can be easily solved with
DESCROW platform.
Escrow multi – signature wallet is perpect way to insure the safety of collection,storage and usage of the
raised funds. Menwhile ,human factor and
possible manipulations should be taken into account.
Issues associated with trust can be fixed with Decentralised
Escrow (DES)
DES help to define the rationalty of futher finacing via general voting of
investors at different stages of project implementation.
We are confident ,that is impossible to develop a
programmable code or estabilish an effiecient business model in a short priod
of time ,as it takes at least half a years to go through different stages of
project realization. Thus, the compliance with the roadmap and stage by stage finacing is a key element
to make an efficient project.
Each and every stage of project’s roadmap includes
activities to be accomplished within a specific time – frame and submitted for
investor’ final approval in order to get
to the next level financing.
Thank you for your attention apologize if there is a wrong
word or phrase, next time I will discuss again about Introduction about DES
(Decentralized Escrow) more deeply, hopefully those who read my article get
useful knowledge.
Website :
https://descrow.org/
Facebook : https://www.facebook.com/descrow3/
Twitter :
https://twitter.com/Descrow3
Telegram : https://t.me/descrow
eth address :0x5F53C937FD1cc13c75B12Db84F61cbE58A4a255e
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