The World’s First Decentralized Multi-Platform Collateral Infrastructure.
Today we are happy to announce that the blockchain startup Depository Network will run its token sale using the Daox Protocol. The company aims to raise $15M during their ICO and anyone can participate in it via the Daox Protocol thus making the investment safer.
About the project
Depository Network is a B2B project combining the traditional financial system with the blockchain technology.
We build a secure infrastructure for lenders to accept blockchain assets as guarantee for loans.
- Improve the liquidity of 100 million crypto holders.
- Allow all lenders worldwide to enter into the crypto world.
- Support many crypto currencies and tokens.
Depository Network platform enables cryptoholders to use blockchain assets as collateral for loans.
Next Generation Platform To Deposit Crypto As Guarantee
Depository Network enables all lenders to accept crypto as guarantee without changing the lending process.
We provide the missing technological layer to the lenders as banks, credit institutions, and p2p lending platforms.
“A huge potential market to disrupt” according to ICOindex review.
See project’s page on the Daox.Network for more info:https://daox.network/depository
The Daox Protocol allows for conducting entire token sales, but at the same time suitable for projects that prefer to use it as an additional source of funding. Read more here.
More good news are coming! Stay tuned.
