DECOIN Clears Soft Cap With $4.1 Million Raised So Far
DECOIN is building a blockchain-based trading platform which will redistribute a part of its yearly revenues to the holders of its DTEP tokens. The project’s initial coin offering is coming along nicely and has reached a major milestone – by raising $4 million, DECOIN has officially cleared its soft cap, a remarkable feat if we take into account the current conditions in the cryptocurrency market.
Shay Perry, the CEO of DECOIN, was impressed by the community’s support:
The DECOIN blockchain is based on a proof-of-stake consensus algorithm and offers 6.2% staking rewards to incentivize loyalty. The scope of the platform is international, and the team is looking to establish a multi-lingual customer support infrastructure, ensuring that all users have a smooth experience with the platform.
D-TEP (DECOIN Trading and Exchange Platform) is planning to secure a license from the Monetary Authority of Singapore in order to operate as a compliant platform. The trading platform is expected to launch within a 6-month period. The cryptocurrency market is still in its early stages, so it is encouraging to see projects that put an emphasis on playing by the rules.
An interesting feature of the project is the DECOIN Crypto Index (DCI), which will include a selection of promising cryptocurrency companies. To start off, DECOIN is planning to choose between 5 and 8 companies with high potential, and establish a mutually beneficial relationship.
Perry is optimistic about the project’s progress along its roadmap, which will culminate in the launch of the D-TEP trading platform in the first quarter of 2018.
To find out more about all of DECOIN’s features, check out the project’s official website: https://www.decoin.io
If you want to stay in touch with the project’s latest developments, you can follow DECOIN on the following social media channels:
