What is Depository Network ?

DEPO is the first multi-platform network enabling all credit institutions worldwide to accept crypto as collateral for loans.Depository Network is a B2B project combining traditional finance and blockchain technology.By building and spreading DEPO network globally, our aim is to reach a tipping point for mass adoption of using crypto assets in traditional lending. Spreading depository platforms among lenders will increase DEPO tokens demand.DEPO tokens will be used from lenders to pay one off setup fee and annual fee for using white label depository platform and borrowers to pay fee for storing collateral.

Depository Network is a safe, decentralized depository service for banks and other money-lending institutions, allowing them to accept digital assets as loan collateral. This service enables digital asset holders to enable the value of their assets by allowing them to unlock their financial value.

🚩DEPO presale is LIVE!

We have now completed successfully our private investment token sale round and we are ready to launch the presale stage.

The price per DEPO token right now is 0.005 USD, which is a 75% off from the final ICO price.

You have a limited time to participate in this stage before the price goes up in next stage of the token sale.

You can buy DEPO directly on our ICO page https://ico.depository.network/user/

Depository Network provides a solution for lenders to accept digital assets as collateral for loans.This is the solution to locked financial value for a market worth over 300 billion USD in cryptocurrency alone.Read all about unlocking the financial value of digital assets on our blog.

Depository TEAM & Advisors

Token Demand

DEPO tokens will be used from lenders to pay annual fee for setup and using white label depository platform and borrowers to pay fee for storing collateral. Spreading depository platforms among lenders and borrowers will increase DEPO tokens demand.

Depository Events

https://depository.network/blog/korean-meetup-with-investors-30-june-2018/
https://depository.network/blog/meet-depository-network-ceo-and-co-founder-at-blockchain-summit-london-2018/
https://depository.network/blog/interview-for-bloomberg-tv-bulgaria-digitize-legal-services/

2017

Concept Definition

2018 Q1-Q2

Team Formation, Preparations

2018 June

First Prototype DEPO

2018 Q3/Q4

Private and Public Pre-sale, ICO

2018 Q3

Alpha Release DEPO

2018 Q4

Beta Release DEPO

2019 Q1

Official Launch of DEPO

2019 Q4

Users: 10 P2P lending platforms and 50 non-bank lending institutions

2022

Users: 50 P2P lending platfirms, 100 banks and 500 non-bank lending platforms

2025

Users: 800 banks and 1500 non-bank lending institutions

PRESALE is LIVE
0.005 USD / 1 DEPO

BUY DEPO

Target users

30,000 non-bank lendersthat can use DEPO network to accept digital collateral
17,500 banks(over 4,900 in the USA and over 7,400 within the EU) can use DEPO network to accept digital collateral
Hundreds of p2p lending platformsthat can use DEPO network to accept digital collateral

The Problems Depo Are Solving

Adoption
By making an easy-to-use and easy-to integrate system, we aim to adopt crypto assets as part of traditional lenders business.
Decentralization
Removes the need for state-owned, centralized depositories and allows any lending institution worldwide to build independent depository.
Ownership
Cryptographically secure multi-signature wallets and smart contracts, allowing the borrower to keep ownership of their crypto assets.
Flexibility
Many cryptocurrency and token holders need to have the flexibility to acquire fast fiat currency.

🔥🔥Join Depository Network bounty: ⏬ https://bountyhive.io/browse/Depository%20Network 🔥🔥