We all keep movable and immovable properties with us like gold, diamonds, lands, buildings etc. At times when we need to encash them we keep them as collaterals in banks and financial institutions to sanction loan or credit. This is quite a common observed phenomenon everywhere because we have faith and reliability in the banking system and also, we get a good value for the properties that we give as collaterals. But there is no system as of now where digital properties can be kept as collaterals and issued loans and credits against those digital properties. So, to tap this unmet need DAGT has come up with a brand-new idea of encashing the digital assets in the form of cryptocurrencies. No one has ever conceived of such a brilliant idea until DAGT found it. So, all those who have digital assets with them, can now convert it into monetary value at ease. It is the beginning of a revolution.
Introduction
DAGT is a pioneer in decentralized platform networks which allows owners of digital assets to leverage their properties as collateral for assets, credit, and loans. The digital assets (Bitcoin, Ethereum etc.) can be locked by the lenders into smart contracts through DAGT platform. Appropriate credit qualifications will be issued by DAGT and lenders will be provided with quality service. For the quick and seamless flow of digital assets, DAGT aims to utilize blockchain technology to build a transparent, efficient and distributed guarantee system. As more countries start recognizing digital assets and blockchain technology across the globe, the application and use of digital assets will continue to expand exponentially. This is bound to create a change in the history of human currency.
Opportunities
Cryptocurrency has no asset collateral and is formed, distributed and managed through cryptographic and verification technologies. It can be distributed and issued without the need for centralized body. Thus, this digital asset can be stored anywhere in the world where there is internet connectivity. Transactions will be made from the usage of smart phones with no manual intervention and tedious verification process. Since, DAGT has got the first mover advantage, it can definitely leverage this position and become a market leader in this segment with its unmatched technology and performance delivery. The market is already flooded with around 1360 tokens as of now, so there is no dearth of opportunities, just the right direction is required to build an enormous customer base.
Design Principles
Based on the real needs of the users, DAGT system has been built on the Ethereum blockchain and smart contracts technologies. Since it is decentralized in nature, it can not be tampered unlike centralized platforms. This platform is professionally trusted, smart, efficient, open and transparent, mobile and inclusive. It boasts of a strong technical, marketing and international operations team. The team at DAGT has initiated potential cooperation with several loan agencies. Half of the credit service fees charged by the DAGT platform will be kept safe for the loyalty programs, where rewards will be given to active users on quarterly basis, provided they have already downloaded the DAGT mobile app and own a digital wallet.
Token Details
The token is called DAGT and it operates on Ethereum ERC-20 Platform backed by block chain technology. The total supply will reach 100 million DAGT. 20 percent will be used for pre-sale purchases and public sale purchases. 10 percent is used for marketing. 40 percent is used as risk deposit. 20 percent is reserved for operations and business promotion of the Foundation. 10 percent is allocated towards long-term incentives. The token sale will start from March 16, 2018 and end on April 30, 2018.
Conclusion
A pioneer in the world of digital assets lending in the form of collaterals for credit, assets and loan. An idea that has been never conceived before. A platform where digital assets holders can easily get loans against their digital assets and rewards too. A decentralized platform that operates on smart contracts and block chain technology ensuring security and safety of assets from any tampering. A win-win situation for both customers and the company. For investors, it is like a launchpad for success. Invest in this idea and generate massive returns as this is the future of digital assets and cryptocurrency platforms.
Website: http://dagt.io/
Whitepaper: https://www.dagt.io/pdf/dagt_en.pdf
Blog by ollivander7
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