Devery Announcement - Sale Changes and Updates, Prototype Release, Team Update & Network Congestion.

Andrew Rasheed
Devery.io
3 min readDec 7, 2017

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Due to community feedback, we will move the crowd sale date earlier. Tokens will be distributed 1 week from the conclusion of the sale.

The pre-sale will commence on the 10 December 2017 9PM (GMT-5).

All subscribers will receive an email on the date of sale, which will require them to:

  1. Complete KYC (if you have already completed this step, then you do not need to do it again);
  2. Agree to our terms of sale; and
  3. Contribute to the address provided on our website (a hyperlink will be provided).

You can user My Ether Wallet, Metamask, Parity, and Ledger Nano to contribute to the sale.

Avoiding Ethereum Network Congestion and a 10 minute sell-out

As mentioned in our previous announcement, the initial cap for the pre-sale is $2 million with an option for us to increase it to $5 million if early contributors were unable to purchase (This allocation will be taken from the crowdsale).

Due to unforeseen network congestion, we are contacting large contribution allocations (100ETH +) to send their ether 1 day prior to the official pre-sale date.

This will:

  1. Reduce network congestion on the day of the pre-sale;
  2. Prevent a 10 minute sell-out and enable smaller contributors to have ample time and space to send their contributions.

These large allocations will be deducted from the additional $3 million cap for the pre-sale that we have reserved. The initial $2 million pre-sale cap will remain open for smaller contributors. The bonus of 5% will remain the same regardless of contribution size.

If you qualify as a large contributor, please email your exact allocation amount, contributing ethereum address, name and best contact to contact@devery.io

PICOPS & Network Congestion

Due to network congestion you may need to raise your Gwei to 55 in order to certify. You can complete KYC anytime between now and the conclusion of the same.

Fluctuations in the price of ETH

The EVE to ETH ratio will be determined 1 day prior to the sale.

If the price of ETH rises between the pre-sale and main sale, we will recalculate the amount of ETH raised prior to the crowd sale to ensure that pre-sale purchasers retain their 5% discount.

We are calculating a price average to ensure it is fair to presalers.

Release of the Devery Prototype

We’d like to officially announce our protocol prototype!

The Devery protocol contracts have been deployed on Ropsten for some time now and are also available for viewing via our Github.

The repository is shown at:

The current deployed contracts are shown at: https://ropsten.etherscan.io/address/0x654f4a3e3B7573D6b4bB7201AB70d718961765CD#code

We will be switching to mainnet to allow EVE token functionality within the system once it is tradeable, allowing brands and commercial applications to use EVE within the protocol.

Key generator

The key generator app is currently in development but is functional via our Github, allowing generation of Ethereum keys.

Proof of Concept Application

We’ve also publicly released our previous POC application. This can be found at: https://devery.io/poc

Currently not connected to the blockchain, POC implementation.

The proof of concept application is available via the Github. It is a POC implementation not connected to the blockchain.

We will also be releasing Devery.js our Javascript framework in the coming weeks. This will enable an abstraction on top of the blockchain. Devery aims to provide toolsets to allow the creation of verification applications on top of our protocol.

Referral Program

Our previously announced referral program is still available. Contributors whom are active members of the telegram which participate in discussion and invite members will be eligible for a 1% referral bonus after the crowdsale. This is determined on a case by case basis.

Visit the links below to find out more about the Devery project:

Website: https://devery.io
Telegram: https://t.me/deverychat

Twitter: https://twitter.com/deveryofficial

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