DAGT- Ethereum and smart contract technologies

With the continuously rising value of digital assets, users can obtain the liquidity of their funds via pledging a certain amount of digital assets, which help them enable the realization of daily consumption including shopping and tourism while enjoying the added value brought by the rise of digital assets.

In the face of this huge digital asset market, the DAGT team will develop the world's first decentralized platform for using digital assets to pledge credit. In the near future, thousands of digital asset holders can pledge their own digital assets through the decentralized platform so as to get quick and easy credit and follow-up loan services. 

What does DAGT want to do? Our vision is to create a new credit model using blockchain technology and the value of digital assets. The DAGT platform monitors the value of the underlying collateral (e.g., Bitcoin, Ethereum) and stores them in open and transparent smart contracts, in order to improve the liquidity value of the digital assets of creditors and provide an innovative, open and transparent and disposable credit product to loan agencies.

Participants

User (C-side)

· Users who hold DAGT and use their own holdings of digital assets to initiate loan credit qualification;

· Users who are bullish on digital assets and hold for long-term, but they need to gain liquidity in the short to medium term;

DAGT Foundation

· DAGT Foundation (non-profit) is responsible for the research and development, as well as the operation and promotion of the DAGT project;

· Built on blockchain technology, the platform provides digital assets loan credit service for credit users;

Lending agency (B-side)

· Refers to institutions compliance with relevant national laws and have the qualifications of lending, such as banks, online loan companies, and small loan companies;

· DAGT and third-party lending institutions will achieve technical integration;

Market Value 

The pioneer

The first digital asset credit platform built on blockchain technology

Loyalty reward

50% of the credit service fees charged by the DAGT Platform will be set aside for the loyalty program，whereby rebates will be granted to active users of the platform (on a quarterly basis) who have already downloaded the DAGT mobile app and own a digital wallet.

Strong team

Has a strong technical, marketing and international operations team. The team has been achieving excellent performance in blockchain, financial institutions and community operation.

Fast implementation

The project has been 50% finished, and we have initiated potential cooperation with several loan agencies.

Product introduction

STEP 1. Credit application

Register and apply for loan credit qualification

STEP 2. Credit informationUsers enter credit information

STEP 3. Locked smart contractSend digital assets to wallets based on smart contract

STEP 4. The letter of credit created and loan approvedLoan institutions having cooperation with DAGT will distribute loans to banks in accordance with credit qualifications and basic information of borrowers account

DAGT ICO Plan

Accepted currency:BTC / ETH  Minimum amount: 100ETH or equivalent BTC

2018.3.16 - Start

2018.4.30 - End

100,000,000 - Total Supply

Digital Assets Guarantee Token, referred to as DAGT, is built on Ethereum. The total supply reaches 100 million DAGT. The specific allocation plan is as follows: 

20% will be used for pre-sale purchasers and public sale. 

• Early purchasers who make contributions in financial, resources, strategic planning and personnel support in the development of the project. 
• The funds from the public sale will be used for the development of the follow-up project, marketing, operations, finance and legal advice, etc. The use of this part of the funds will be regularly disclosed. 

10% is used for the marketing. For promoting the implementation of DAGT project's partners applications.
40% is used as a risk deposit

• Total amount of locked smart contract 
• Uses smart contracts to lock out a percentage of risk-based deposits in cooperation with lenders 
• When the value of the pledge cannot cover the principal and interest, the loan will be repaid according to the cooperation agreement so as to ensure the rights and interests of the loan agencies to the maximum extent 

10% is be allocated towards long-term incentives to incentivize the DAGT team and technical team, which have made great contributions to the project. Of which, 10% of tokens will be distributed during public sale and the remaining part will be locked and will be distributed on a monthly basis starting from the second year.

Risk deposit model

Since its inception, DAGT has taken into account the various risks that may arise in the future development of digital asset credit. Therefore, 40% of DAGT Tokens will be locked into a risk deposit through smart contracts, and the risk deposit will be used when: 

1. When working with loan agencies, smart contracts will be used to lock in a percentage of the risk deposit for the needs of business cooperation. 
2. When the value of the pledge cannot cover the principal and interest, the loan will be repaid according to the cooperation agreement so as to ensure the rights and interests of the lending agencies to the maximum extent. 

Security reserve model 

During the operations of the DAGT Platform, the Foundation will continuously strengthen the security reserve of the project by allocating 50% of the credit fees into the security reserve (to be exchanged for the top 5 digital assets in terms of their market cap) in order to strengthen the risk tolerance of DAGT.

Founding team - International team

Chris Chen

Co-Founder & Chief Executive Officer

Chris is an internet entrepreneur; the early founding member of YEECARE, a cross-border company; co-founder of Direct Markting Hangzhou Club (KEYA-MARKETING); co-founder of a famous Internet fintech company; founder of a blockchain innovative media company(chaintiao.com).Chris launched the DAGT project in 2017, which is dedicated to the combination and effective implementation of blockchain technology and business applications. He has many years of entrepreneurial experience and is an explorer and marketer of blockchain business applications.

Leo Ding

Co-founder & Chief Technical Officer

Leo received a master degree in computer science. He has rich experience in system architecture and has a deep understanding of Ethereum public blockchain technology and smart contract. Leo used to serve several well-known enterprises including China Ping’an and is proficient in research and development of internet products. 

Leo joined the DAGT team in 2017 to provide technical and strategy solutions for the DAGT project and is responsible for architecture design and technical optimization.

for more information can visit our website :

DAGT website: http://DAGT.io/ 
Whitepaper: https://www.dagt.io/pdf/dagt_en.pdf
twitter : https://twitter.com/DAGTofficial

facebook : https://www.facebook.com/DAGTofficial/

telegram : https://t.me/DAGTofficial

youtube : https://www.youtube.com/channel/UC8FAmhZT7Rx8dS8mSDIDfeA

bitcointalk : https://bitcointalk.org/index.php?topic=3240355.0

mybitcointalk : https://bitcointalk.org/index.php?action=profile;u=2049575;sa=summary
my ether wallet : 0xacBEAB7f987DBff8db80E101f773ae9931af9eb0