Digital Developers Fund ICO

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Introduction

Vision

DDF is a fund to invest in digital assets, designed to reduce risks

and profit from extraordinary growth in the space.

Digital Assets

Domain names and crypto currencies have high barriers to entry

and risks due to lack of regulations, technical hurdles and lack of

investment instruments.

Proven Model, Team

DDF was established in 2010 as “Domain Developers Fund” and

has a solid track record in domain investing. To expand, we are

adding crypto currencies and other digital assets to our portfolio.

Initial Coin Offering

Through an Ethereum-based ICO, DDF will raise up to 249,000

ETH (as of June 13th, about $90m USD).

Initial Coin Offering

ICO Duration

The ICO runs over 30 days or until all tokens have been allocated. Oour goal is to ensure fair and balanced access for small and larger investors, end users, and the overall community. For this reason, and in order not to place undue burden on the Ethereum network, we have decided not to implement an accelerator or discount function for early birds.

Use of Proceeds

From the total proceeds, 15% will be used for operations (software development, human resources, legal, marketing), 15% will be stored in a reserve fund of at least 25% BTC, 25% ETH and max. 50% cash, and 70% will go into portfolio.

How It Works

  1. ICO participants send funds to the Ethereum Smart Contract above.
  2. The Smart Contract mints DDF tokens instantly and sends them directly to the user’s wallet.
  3. Once the ICO has been completed (total duration or maximum tokens issued) the Ethereum funds are transferred to the fund’s wallet.

What Token Holder Get

Token holders profit from the value increase in digital assets through a proof-of-membership in the fund. In addition, they participate in the distribution of fund net profits as quarterly dividend. Token holders receive their dividend through a smart contract as Ether payment. The first net profit will be distributed September 30th, 2017.

Net Profit Distribution 50% of net profit is distributed to investors. Performance fee (5% hurdle):

  • 0-5% net profit: 0 % performance fee
  • 5-10% net profit: 5% performance fee
  • 10-15% net profit: 12% performance fee
  • > 15% net profit: 15% performance fee

The remainder (50% minus the performance fee, so at least 35%) is reinvested).

Visit Digitaldevelopersfund for more info about this project and ICO

ICO Fact Sheet

ICO Start July 10th, 12:00 GMT+2
ICO End Token Cap Reached or August 9th,12:00 GMT+2
Token Symbol DDF
Token Full Name Digital Developers Fund Tokens
Smart Contract Address Announced 48 Hours Before ICO
Smart Contract Source https://github.com/digitaldevelopersfund/ddf
Token Supply 247,500,000 DDF 2,500,000 Internal Fund
Exchange Rate 1,000 DDF = 1 ETH
Unused Tokens Burnt After ICO
Accepted Currencies ETH
Role of Token Proof-of-Membership, Access to Profit Distribution
Official Twitter https://twitter.com/DigitalDevFund
Official Facebook https://www.facebook.com/pg/digitaldevelopersfund/
Official LinkedIn https://www.linkedin.com/company-beta/18115496/
Official Slack https://ddf-slack.herokuapp.com/
Official Telegram https://t.me/DigitalDevelopersFund
Incorporation Details DDF Asset Ltd, 89 Nexus Way, Camama Bay, Grand Cayman
Team Michael Marcovici, Davies Guttmann
History On Market Since 2010
Fund Investment Focus 45% Crypto Currencies, 27.5% Domain Names, 7.5% Mining Operations, 5% Other Digital Assets, 15% Reserve Fund
Fund Management Fee 2.5%
Fund Performance Fee Up to 15% After 5% Hurdle

Visit Digitaldevelopersfund for more info about this project and ICO

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