DigitalDevelopersFund has announced their Initial Coin Offering (ICO) , the ICO will run for 30 days from 10th July. The company was founded as “Domain Developers Fund” in 2010 under the Cayman Islands. DDF are well known for holding in digital assets or investing in domain industry.
Currently DDF holds 1540 valuable domains such as Audit.com, Exhibitions.com, Swords.com, PR.uk and also DDF has some country .net domain names such as Belgium.net and spain.net. DDF has a total net asset value of 3.3 million USD. DDf has chart leading sales, for examples cars.net for 170,000 USD.
There are more than 320M domains are registered today, but only some domains are with short name, descriptive and easy to remember which are counted as high value domain. In future this domains are sold in high value. But sometime people loose their high value domain because of no skill and knowledge about “trading Domains”.
World of crypto coin was started in 2008 with the idea of Bitcoin, after bitcoin success there are many more cryptocurrencies are launched. More than 700 crypto coins are there in market. But not every coin survive in market becuase of lack of expertise and skillsHere DDF not only invest in known coins but also in upcoming coins and ICOs.
DigitalDevelopersFund’s ICO will start on 10th July and will end after 30 days or untill all tokens have been allocated. To provide balanced platform of ICO to small and large investors DDF team has decided to not provide any bonus for early investors.
1000 DDF = 1 ETH
DigitalDevelopersFund has ethereum based token total token cap has 247,500,000. 70 percent of tokens will be used for portfolio. 15 percent will go to operations which includes software evelopment, legal and marketing. And the rest of 15 percent will be stored in a reserve fund, mixure of 25 % BTC and 25% of ETH. Smart contract address will be provided 2 days before ICO start. All unused token will be burnt after ICO.