After DAO, DeOS crowdfunding appears

DEOS tokens can be used to register smart assets, register identities, submit smart agreements, and purchase decentralized storage.

Confidence in safety

The company is confident enough in the security and potential of their blockchain and the smart protocol tokens built on it that they believe they can avoid the same issues that plagued Ethereum’s DAO experiment.

The DeOS platform was up and running 2 years ago after a month-long proof of concept. People have embraced the platform and it is now used by 27,000 users every day; so they know how it works and how it can scale, which I believe is the main reason they have a lot of confidence and are moving to the next level. During this time they have focused on Smart Protocol, a secure public blockchain designed for companies and individuals.

They say they are a blockchain company that provides blockchain usage services to banks, and claim that their services are highly targeted and that they have 30 verifiable use cases for blockchain usage for banks.

Razormind is creating blockchain solutions for banking clients signing contracts around the world.

Razormind CEO Jawad Yaqub spoke to Cointelegraph about the crowdsale in detail.

CoinTelegraph: Mr. Jacob, when will the crowdfunding start?

Jawad Yaqub: The crowdsale will start on July 15 at 12:00 (UTC). The crowdsale for DeOS will be supervised by the Omni Foundation. They have access to all transaction information and their executives will act as trustees for the DeOS tokens. Razormind cannot access the funds without their permission. We are taking great care to ensure the safety of the crowdsale funds.

CT: How is this money being put to work?

JY: The DeOS money will go directly to investing in and maintaining the first few generations of the DeOS network. Developing, deploying, securely managing, experimenting, monitoring, analyzing, measuring the seed network, data layer, etc. A portion of the money will go to developing and releasing new features for DeOS: PC clients, mobile clients, language APIs, blockchain services, smart protocols, decentralized storage, decentralized computing, language IDEs, and Dockerised implementations.

It is estimated that DeOS will have major feature releases every month. The decentralized computing beta version will be released in November and the official version will be released in December. We will regularly update the DeOS platform, and the resource quotation and delivery performance will be visible to the community.

This is part of our commitment to transparency. When you buy tokens, you get easy access to the DeOS platform. You get a blockchain that you can use to register and trade funds, as well as store information in a secure decentralized cloud service. At the same time, you will join the ranks of those who want to use digital currency to make our lives better.

CT: What is the price of DEOS?

JY: July 16th - 1 week, 1BTC: 1000DEOS (D), July 22nd - 2 weeks, 1BTC: 500 D, July 29th - 3 weeks, 1BTC: 250 D, August 5th - 4 weeks, 1BTC: 125 D, August 12th - 5 weeks, 1BTC: 50 D, August 19th - 6 weeks, 1BTC: 25 D.

CT: Is there any other way to get DEOS tokens?

JY: 1. Use your smart assets or cash to exchange other people's DEOS tokens. 2. Write smart programs for others to spend DEOS tokens. 3. Buy DEOS tokens from banks, stores, and the Internet.

CT: How long will this crowdfunding campaign last?

JY: The crowdsale will last for 42 days, or until all tokens are sold out, whichever comes first.

CT: How does sales work?

JY: All you have to do is sign up with your email address, receive the BTC address, then send the amount of Bitcoin you want to send, and then wait until the sale is over and you will receive DEOS tokens at that address. You must make sure that the wallet address you send Bitcoin to is under your direct control: this address is not controlled by the exchange, not controlled by Coinbase, not controlled by Circle, etc.

All received BTC will be stored in multi-signature wallets. This protects the received funds from any harm, from theft, loss of keys, or the wallet owner being unable to access the wallet. Some private keys will be kept by external accounting firms.

You can register to buy DEOS tokens by sending an email to [email protected], and the sale will start at 12pm this Friday.