Even though, United States of America is one the most advanced countries in the world, some of the decisions made by it might seem odd (not talking about politics). One of these decisions is to track how US citizens make investments and it comes with a lot of compliance tasks/issues that have to be addressed by the companies who conduct business with US citizens. Unfortunately, DigiPulse is not one of such companies and therefore we will not be accepting any contributions made by US citizens. Upon choosing to contribute, you will be asked to clarify that you are not a US citizen.
We can’t give a specific date, but the plan is to roll DGT out on exchanges approximately two weeks after the ICO has ended. This is due to the fact that we first need to compile the results and send out the tokens to the contributors. In addition, the process of listing a token on exchanges can take up to two weeks (varies).
The goal that we want to achieve is ambitious, to say the least. We will have to comply to multiple jurisdictions and have a strong security set up to protect the clients and to be compliant to our partnering services. We want to establish a whole infrastructure that will be used by the future generations to come. In addition, this will allow us to work on this project uninterrupted by finding forms of investment from venture capitalists and the like.
We will definitely not be able to create such a service by utilising the man-power of two people. We already have a list of vacancies that need to be filled up and this process will take place as soon as the ICO has started. Yes, everything up to this point has been created by two individuals, but we see this only as evidence of our commitment to the project. We come from the startup scene that is known for working overtime in order to achieve the goals set in place.
DGT is the DigiPulse token. These will be sold during the pre-sale and the ICO. These will be used as “documents” stating that the holder is eligible to receive DGP. DGP is the DigiPulse coin that is mined. This will be used as a form of currency in order to pay for the DigiPulse service. So when you contribute funds during the ICO, you receive a DGT, which later (when the service will be fully up and running) will allow you to receive DGP coins periodically.
The price of our token and coins is determined by market forces and also influenced by developments within the DigiPulse service.
We have looked through multiple ICOs and their corresponding escrows. Most of the time, they are closely linked to the founders in one way or another. The pure existence of an “escrow” does not guarantee additional credibility or safety, because they had to make this agreement in the first place and the agenda behind that agreement is not known. In addition, we wouldn’t want that the funds we have raised from the community to be held in the hands of some third party, that could be less credible than us.
1 ETH = 250 DGT + bonus DGT (if you have made the contribution in the batch that has % rewards) + after the ICO a right to receive DGP coins based on the pro-rata share that your DGT grants you at that moment.
Like any token on the Ethereum network, tokens are transferred by using ETH Gas. To receive tokens, you will need a Ethereum wallet (Coinbase won't cut it due to lack of token support) like the one you can download from here.
The total supply will be 16,581,633 DGT. There is some math behind that. :)