Decred (DCR) Cryptocurrency Economic Model and General Information

What does it do?

Decred is a blockchain-based cryptocurrency with a fair system of checks and balances between all parties.

Key Features

Hybrid proof-of-work and proof-of-stake consensus that enables on-chain governance. Coin holders have a say about what happens to their crypto and have skin in the game.

A censorship-resistant blockchain-anchored public proposal platform.

Built in treasury system, which helps sustain and fund the project.

Supports atomic swaps between different digital currencies.

Cross-platform wallets for ease of use.

General information

Company Name Decred Holdings Group LLC Incorporation date February 8, 2016 Incorporation Address n/a Website https://www.decred.org/ Blog https://blog.decred.org/ Phone 1(312)625-5520

Crypto Currency Price (Euro) 24H % Change

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Economic details

Initial Funding & Distribution Ticker DCR Token Type Cryptocurrency Total Supply Sold There was no ICO Total Amount Raised n/a Price During the Crowdsale n/a Hard Cap n/a Whitepaper https://whitepaperdatabase.com/decred-dcr-whitepaper/ Initial Token Distribution 50% of Premined coins were airdropped (840 000 DCR)

50% of Premined coins were bought by Companyzero.com (840 000 DCR) Distribution of Funds raised n/a Airdrop Date February 8, 2016 Sources: https://docs.decred.org/faq/general/#3-how-was-the-decred-premine-distributed

https://messari.io/asset/decred#overview

https://blog.companyzero.com/2015/12/decred-rethink-digital-currency/

Social Media

Additional information on: https://decred.org/community/

Team

Title Name Linkedin Co-founder & Project Lead Jake Yocom-Piatt CTO Marco Peereboom

Co-founder & Developer Alex Yocom-Piatt n/a Co-founder & Developer David Hill n/a Co-founder & Developer Josh Rickmar n/a Co-founder & Lead Developer Dave Collins n/a Co-founder & Senior Developer John Vernaleo

Development

Total number of Commits 58 331 Commits(63 Repositories)

Partners

YBF Ventures – an Australian innovation hub.

Competitors

Bitcoin – a peer to peer technology based cryptocurrency.

Ethereum – a decentralized platform that runs smart contracts and it allows developers to create their own decentralize application.

Litecoin – a peer to peer created by Charlie Lee cryptocurrency.

Stellar – an open source network used to facilitate cross-asset transfers of value.

Potential market and clients

The potential of Decred adoption depends on the demand for cryptocurrencies in the future.

Utility and economic dynamics

DCR can be used as store and transfer of value.

DCR can be used to stake/vote.

Additional information

https://github.com/maxbron08/Decred-Canon/blob/master/README.md