Quote from: letitbegood on June 05, 2017, 06:32:57 PM

Does the DCORP team have a lock-up period on any tokens they receive?

October 2018

Quote from: timisis on June 05, 2017, 08:09:03 PM

Is 82310 gas guaranteed to execute the contract? I am new to ETH but I've been reading some horror stories that many miners reject any gas at all.

82310 gas is needed to execute the transaction at this stage, if you provide extra gas it will be converted to ether and is refunded to you. Miners can reject if the gas price (wei per gas) is too low.

Quote from: pockets1989 on June 06, 2017, 04:00:48 AM

Can anyone who understands the whitepaper better than me or DCORP dev answer my question?

This project seems really intriguing but what separates it from other ICO's like NVO and openANX that are claiming decentralized exchanges? I know first mover advantage is a big thing in the crypto world is this really the first project aiming to build a crypto derivative platform from the ground up? Will DCORP tokens be tied to the inherent value of the derivatives market or by having a share in the company with DCORP token we can vote on future projects? I'm trying to figure out if the derivatives market is the main focus of the DCORP team or just the first step in a larger movement?

Thanks for your time guys I admit I'm not very smart when it comes to these things but I get the sense if this becomes the DE FACTO derivative platform for crypto its gonna be a fairly huge deal. Grin

Good question and thanks for posting! DCORP is bringing derivatives to the blockchain, it's a first step in a larger movement. Eventually we hope to see the 'stock market on the blockchain' where exposure to traditional stocks and derivatives which derive their value from those stock tokens are exchanged on the blockchain.

DCORP is owned by the DRP token holders. DCORP uses the ETH it holds to fund various projects, such as the derivatives exchange. The profits of those projects, a fee collected from premiums in the derivatives exchanges case, flows back to DCORP directly. The profit (ETH) is at the disposal of the token holder's (relationship between DRP and ETH), so they can vote to pay out dividends or fund other projects. DRP is considered a share in a company while ETH is more like the currency of Ethereum.

A preview from a video we're developing:
We've anticipated a future where traditional stocks, indexes, and currencies (and other cryptocurrencies such as Bitcoin) are all represented by tokens on the Ethereum blockchain. All while being backed by a traditional asset hold on a third party account, such as a law firm. These tokens (exposure to the asset) will be traded and will be used as the underlying assets of which the derivative contract derives its value, creating an on-blockchain economy over time. Be part of the future, be part of the now.