- 1 What is Dcorp Cryptocurrency?
- 2 What is DRPS and DRPU?
- 3 Dcorp Platform release
- 4 Why create two new tokens?
- 5 Difference between DRPU and DRPS
- 6 How to convert DRPS to DRPU, or vice versa:
- 7 Dcorp Dividends and amount to be received
- 8 Where to Buy Dcorp - DRP, DRPU, DRPS:
- 9 Convert DRP to USD EUR GBP and Fiat
- 10 Convert DRPU to USD EUR GBP and Fiat
- 11 View all DRP/DRPU/DRPS token holders
- 12 Dcorp Price Info
- 13 References
- 14 Additional information
DCORP is autonomous, decentralized and democratic. An organization that exists on the blockchain as a series of smart-contracts. Bringing democratic VC and the 1st Decentralized Derivatives Exchange to the blockchain.
At first they started with DRP. While the ICO was being held, the SEC came with new claims and statements so they had to change certain aspects of their core business.
DRP was a security token. They basically stripped any features of it and divided it into 2 tokens DRPS and DRPU. DRPs sole purpose of existence is to be converted. You can buy the 2 new tokens through exchanges or get them through DCorp token changer on their VC Platform by converting your DRP.
DRPS (Security) - This one basically is a security token. It has 1 voting power and it will receive dividends in the future. 1 DRP converts into 1 DRPS.
DRPU (Utility) - This one basically is a utility token. It has twice the voting power (because you receive 2 DRPU tokens) and it wont receive dividends ever. Also it has a higher discount/airdrops. 1 DRP converts to 2 DRPU.
Converting inbetween DRPS and DRPU is also possible through their token changer. The ratio will always be the same. DRPS 1:2 DRPU. Converting from DRPS or DRPU back to DRP isn't possible.
U.S. citizens can't receive dividends at the moment (for now), so they also can't convert to DRPS. However, they are working on it and are aiming to be compliant worldwide. Arbitrage is possible (closing the value gap between the tokens)
The platform was soft dated for October, 2017. The community voted to officially unlock the platform. The tokens that will be used for functions on the platform will be DRPS, and DRPU, which users will need to obtain by changing their DRP in though a token changer that will be made available on the platform.
They created two new tokens to become as compliant as possible with multiple regulations around the world. As DRP was already coded to act as both a utility and a security, to maintain their entire investor base while protecting everyone; they decided to split the token into two: DRPU and DRPS. This allows for those who reside in heavily mandated regulatory zones to choose which token best fits their needs and comfort. Now as both a separate utility and security token [respectively], their community is not forced to hold something they may not be comfortable with.
DRP will not serve any purpose other than a utility to convert into DRPU and DRPS.
DRPU: A utility token that will afford voting rights and future discounted ICO rates.
DRPS: A security token that will afford voting right, future discounted ICO rates and ETH dividends based upon profits generated from the derivatives exchange.
Note: Bonus votes and higher discounted ICO values are only based upon holding a higher amount of DRPU for initial Dcorp ICO investors who choose to take the 1:2 DRP/DRPU conversion. An individual DRPU token when purchased on the exchange will hold the same weight as an individual DRPS.
There will be a token changer on the Dcorp platform that will convert the two tokens seamlessly. Both tokens can be swapped whenever the holder chooses to do so. 1 DRPS can be swapped into 2 DRPU and 2 DRPU into 1 DRPS, accordingly. The token changer be available Indefinitely. You will be able to switch between DRPU and DRPS at any time as the token changer will always be available. This is a parmanent solution that has been both ran by US based law firms and approved by the DCORP legal team. There is always opportunity for a better solution, and if approved from a legal standpoint, there is potential that it could be made into a proposal and put to a vote.
Dividends will be product of the derivatives exchange, thus the exchange must be public in order to profit. According to our roadmap, we have this slated for the end of the second quarter, 2018. The amount received will be determined by several factors: Dcorp profits, DRPS held, and percentage of profits distributed. These are all difficult to determine at this time.
Please double check before sending your tokens to the designated exchanges. Otherwise it may result in loss of your tokens. Exchanges listed on are:
Cryptopia - DRP/DRPU
Etherdelta - DRP/DRPS/DRPU
Idex - DRP/DRPS/DRPU
Mercatox - DRP
Hitbtc - DRPU
You can buy on the above exchanges in the /BTC, /ETH pairs.
Easily Calculate or Convert DRP to US Dollars(USD), Euro(EURO) or Great Britain(GBP) Pounds and other World currencies below.
Our Crypto Converter makes this as easy as a breeze.
Easily Calculate or Convert DRPU to US Dollars(USD), Euro(EURO) or Great Britain(GBP) Pounds and other World currencies below.
Our Crypto Converter makes this as easy as a breeze.
Telegram DCORP News: https://t.me/DCORPnews
Hosho Contract Audit: https://github.com/DCORP-BV/tokens/blob/master/documents/reviews
For additional information please read this first:
And after that read this: https://docs.google.com/document/d/1wrwQuZU_66aS2NvSH_12QhNxbmE2TTLDc1IfuPrz9nM/edit