Here answere to common questions:

What’s DRC?

A distributed and collaborated professional service ecosystem representing four significances:

• Firstly: it is a “distributed”, “collaborated” and “sharing” ecosystem built based on Ethereum public blockchain where DRC coins are used as carriers of value inside the system;
  
• Secondly: it is a service platform where transactions are reached automatically between the supplier and the buyer of professional service.
  
• Thirdly: professional services including “pre-investment due diligence”, “item evaluation” and “info disclosure” are provided here;
  
• Finally: a distributed and collaborated business mode is used to realize the stable and benign development and operation of the ecosystem relying on a series of governance, incentive and dispute arbitration mechanisms.
  

How the DRC ecosystem is built?


The DRC ecosystem acts different roles with different social responsibilities:

• Contributor: Suppliers of professional services and run the brand stores in DRC platform;
  
• Requestor: Originators requiring for professional services;
  
• Actors: Community or non-community members choose to undertake related assignments;
  
• Fans: Onlookers;
  
• SME: Professionals with certain influential and recognition in different fields; the “Tutors”
  
• Arbitrators: Authority figures holding authority and credibility; the “Arbitration Committee Member”
  

All the roles need to follow specific governances in the social system and these governances are executed automatically by smart contract and the main parameters are determined upon discussion and consent of representatives elected from the board of governors, including:

• Incentive Mechanism: Proof of contribution (POC) and related design philosophy are adopted here, encouraging and advocating professionals to earn more DRC coins by providing premium contents;
• Membership Grade Mechanism: Membership is the comprehensive manifestation of expertise, credit, contribution and activity.
• Experts Review Mechanism: “Expertise” of professionals indicates the contribution and recognition of professionals in the eyes of community members;
• Credit Rating Mechanism: DRC encourages the community members to observe their promises; the “performance bond” will be charged against “dishonesty” for clear awards and punishments.
• Arbitration Mechanism: Disputes are inevitable. Dispute arbitration procedures will be initiated here and final award will be made by the arbitration committee.
• Voting Mechanism: “Thumb up” and “Thumb down” are encouraged to express whether you are satisfied at the outputs. DRC chooses “Diminishing voting power” mechanism.