Decentralized Finance Projects: DESCROW

In project the main problem between investor and developer of ICO project is "TRUST".Investor always ask its the money its safe or not.The main problem, as the experts see it, is a lack of transparency in ICO projects: collecting money the team “normally do not report” to investors, where these money go. In the experts opinion, before deciding to invest in the project, investors need to meet with its leader and personally monitor the volume of work done.High trust level will be more effect in every campaign it will gain more investor, this escrow project its build to solve trust problem.

DES – Decentralised Escrow Service (Descrow) is the first in the world and unique by its nature decentralised escrow platform for conducting ICOs.

Descrow project mission:

To make safer ICO for all participants.
To eliminate the excessive distrust of the potential investors to the new startups.
Give a boost to the further ICO market growth.
To integrate our idea as a versatile instrument into all applicable blockchain segment.

For the first time, investors can be insured against 100% losses and fraudulent ICO-projects. DES platform provides investors with the opportunity to participate in the life of the project they trusted with their money. If the majority of token holders decide that the project does not fulfill its obligations, they can vote to stop further financing and save part of their funds, which is better than loosing all, in case a startup decides to make off with the money.This instrument is beneficial for startups too. Implementation of a decentralized escrow mechanism in the ICO-campaign will level up confidence and loyalty from the side of the investors.

Descrow believes that on this issue the question should be put differently. A huge mistake is to consider investors as “a bunch of idiots.” On the contrary, it is obvious for us that we need to rely on the wisdom of the crowd, the opinion of majority, determined by voting tool. And yes, personal monitoring is necessary at all stages of the project’s funding — and here, again, will help the community, interested in the growth of their investments.

Descrow key aspect:

Secured collection, storage and distribution of the funds and avoiding of unforeseen losses.
The platform splits up the project finance into the stages with temporary blocking of the funds designated for the further stages.
Voting as a way of evaluation of the feasibility of the project on every stage. The investor is allowed to finance the project at any moment in full while the amount of tokens he selected is transferred to him.
All uninvested funds are indemnified from the startup cancelation. The reserve fund within the Descrow platform is used for partial compensation of investor’s funds contributed during ICO.