The 18 strong DADI team is two thirds engineering. The senior team have been working together for 18 years.

DADI’s founders have invested c.$2 million in direct R&D to date. The business is financed through cash reinvested by the business and through short-term debt.

For further information on our product , please visit our website: https://dadi.cloud

You can read our white paper here and our business case here.

And if you’d like to chat, you can find us on Discord: https://discord.gg/3sEvuYJ

Timeline

To learn more about our development timeline, please refer to our transparent roadmap: https://dadi.cloud/en/roadmap

Roadmap updates are published every fortnight; a biquarterly status report for the business provides a high level wrap up of development activity; and of course we publish ad-hoc release information and news as it happens.

The DADI token

DADI is a token issued on the Ethereum blockchain. Tokens will be created at the end of 2017. The total supply of DADI will be limited to the amount of tokens created at this point in time.

Total DADI supply: 100,000,000

DADI tokens serve as a core component of the platform. It is required for:

Purchasing DADI Web Services

Running the DADI Miner apps that organise the network (Stargates, Gateways and Hosts)

Reputation management

Accessing DADI Beta products

Crowdsale

Our Crowdsale will begin on the 22nd of January, 2018, and will run for 30 days (or until the Crowdsale is sold out). There will be short Presale period followed by a single Public Sale.

The Crowdsale is capped at $29 million USD. The token price for both the Presale and the Public Sale will be set in December or early January 2018.

Investors in the Presale will receive a 20% discount on the Public Sale price.

Use of funds

The Crowdsale cap reflects the amount that we project will be required to deliver on our ambition, ultimately enabling a global footprint with the marketing resources to match.

We’ve done a lot so far, but are really only scratching the surface. This raise is all about reach, pace of development and depth of service.

The distribution of funds raised during the Crowdsale will be as follows:

The founders of DADI: 10%

Ongoing R&D: 50%

Direct infrastructure investment: 20%

Marketing & partnerships: 15%

Indirect costs: 5%

Trade volume

The trading of DADI tokens will be supported both by lower in market costs for Consumers and higher revenues for Miners vs. existing mining opportunities.

Our Web Services are in continuous development and multiple new services are road mapped for the coming months and years. The extension of functionality in the platform over time — along with market-leading user experiences — will broaden its reach and increase demand, which in turn will increase demand for DADI tokens on exchanges, further driving up the price.

In addition, a small portion of DADI tokens will be continually burnt, tied to platform usage. The domain name system within DADI takes a micro payment per DNS request satisfied through the Stargates, which is assumed to be the equivalent of a Wei in the first instance (the smallest unit of Eth at 0.000000000000000001).

Token distribution

The Crowdsale will run Ethereum smart contracts, accepting ETH payments in exchange for DADI tokens. Tokens that remain unsold by the end of the Crowdsale will be given to the Ecosystem Fund, designed to support the future stability of the network.

The token distribution will be as follows:

Presale: January 22nd, 2018 — Presale event comprising 10% of the available DADI tokens

— Presale event comprising 10% of the available DADI tokens Public Sale: January 29th, 2018 — Public Sale comprising 50% of the available DADI tokens

20% of the DADI tokens generated are reserved for the DADI Founding Team, comprising all currently employed full time members of staff. These tokens serve as a long term incentive for the core teams involvement in DADI and are subject to a four year vesting schedule.

10% of the DADI tokens generated are reserved for DADI Partners –individuals and businesses that have helped DADI either before or during the Crowdsale.

5% of the DADI tokens generated will be earned through the DADI Referral programme, active from today.

2.5% of the DADI tokens generated will be reserved for the Ecosystem Fund, a pool of DADI tokens dedicated to supporting the underlying connectivity of the network (enabling the flexibility to backfill areas of low Miner support for example).

2.5% of the DADI tokens generated will be reserved for DADI+ Ops, a contribution to the operations of company behind DADI, DADI+ Limited (a private company registered in England and Wales [Company No: 08599900]). These tokens will be held in reserve by the business, to be used in support of day-to-day operations, as well as the hiring of key members of the team where required.

The DADI referral program

We have launched a referral program for this Crowdsale, available now: https://dadi.cloud/en/referral-program

Each participant is provided with a unique referral URL.

A referrer will recede an additional amount of tokens equal to 5% of the token bought by all of their referred buyers

This additional 5% is taken from the reserved 5% referral fund

Any remaining tokens from the referral fund will be distributed to all of the participants, proportionate to the amount of people they referred that made purchases

Key links

Supporting site for the DADI Crowdsale: https://dadi.cloud

Documents

Technology

Connect with the team

In summary

We’re tackling a $250-billion-dollar industry head on. Our tech represents a radical overhaul of the cloud computing sector, upholding the founding principles of the Web by democratizing computation power.