Not only them, but hundreds of P2P lending shooter in las vegas mandalay bay casino platforms will also be able to beneficiate from this service.
Depository Network is the worlds first multi-platform network enable lenders (P2P lending marketplaces, banks, other credit institutions) to accept digital assets as collateral.
All lenders define own terms for accepting, control and release of the collateral.
Also, the borrower and the lender will be more protected by this system and less frauds will be made.The price of each depo token will rise from.00001 ETH.00006 ETH during the sale.Using Depository Network, after creating your account, you will have to find someone who wants to transact with you.To ensure the full security of our platform we use cryptographically secure multisignature wallets to store the assets, and smart contracts to execute the transactions.There will be two types of collateral smart contracts:.Depository Network will provide secure decentralized crypto asset collateral system on which can be build hundreds of collateral depository platforms.In case you do not know, this means that it will work as a highly technological infrastructure that will be able to let lenders in the whole world accept digital assets as a collateral.Depository Network will allow any lender to specifically define the terms for their contracts, which will be individually and automatically enforced.You can use ETH to buy depo tokens.Depo Escrow Contract - Locked with minimum three signatures - one for borrower, one for lender, one for depo.
The price will change when a quantity of tokens will b sold.
The main advisors from the company are Waqas Khan, Filip Lyapov and Dimitar Ivanov.
This way, every owner of digital assets, holding coins or tokens supported by Depository Network, can pledge his assets as a collateral and receive a loan from a number of lending institutions.
1584 billion depo tokens will be sold during the ICO, while 1152 billion will be on reserve.This means that different conditions of ownership and time can be met to be adequate to many types of businesses.Depository Network will overtake these functions from the state and provide them to the businesses.Essential Cookies, these cookies are necessary to provide you with basic services and features available through our websites, such as remembering where you are in the website.The borrower (owner of the assets) is always one of the key-holders whose signature is required to perform a transaction.
An entrepreneur called Svetoslav Dimitrov is the current CEO and the founder of the company, together with Dimitar Kostov (board member).
Open Website, open Whitepaper.
The pre-sale starts on June 22 and the main sale on July.