Funding an up-and-coming business is a decision that carries a lot of weight with it.

With your money stretched across various departments and different phases of the company’s rollout, you need to know where every cent is being spent, and when you’ll see it again.

Luckily for you, DropDeck’s integrated cryptocurrency and varied funding plans are here to help you make exactly the kind of investment you’re looking for.

Join us, today, as we put DropDeck’s funding system under the spotlight.

The Different Types Of Funding On Offer

In the case of business funding, we see two types of financing being offered on the DropDeck system: contribution, or royalty financing, and lending, or debt financing.

These were chosen for their financial stability, but also for our ability to capitalize on their use in the blockchain system, with its consensus, token, and smart contract functionality.

Contribution:

• Recipient – business funding success stories have, traditionally, started from the bottom, when most of these companies had nothing to start with. Nowhere is this more evident than with fast-growing tech startups, which is where a lot of the focus on DropDeck comes in.
• Main participants – funders and companies, known as “contributors” and “contributes”, respectfully are the primary participants.
• Repayment – for funders, the question of repayment is almost always first on their minds, no matter how altruistic they may be. With DropDeck, you’ll receive a percentage of the funded company’s revenues, going forward. This royalty will be paid out over a specific period of time, and up to a predetermined amount.
• Pros – this is actually a relatively safe option for funders, as they can send DDD tokens in installments, as the project progresses.
• Cons – while any business venture can potentially be profitable, this type of funding isn’t premised on the expectation of these kinds of profits.

Lending:

• Recipient – when lending, the target market for your funds tends to be SMEs with more stable cash flows than their contribution-receiving counterparts. These small-to-medium companies operate within traditional industries, meaning less risk to their income and specific reasons for borrowing money.
• Main participants – in this system, funders are referred to as “lenders” and companies as “borrowers”.
• Repayment – received payments are made on a regular basis, in fixed amounts, including interest and principal amounts.
• Pros – as a participant in our lending service, you are entitled to regular, fixed payments. This makes this a consistent source of passive income, making it very attractive as an investment.
• Cons – unlike with contribution funding, you’ll need to send the total amount of DDD tokens at the onset, without installment options.

As mentioned already, a big part of the appeal of our system is in our use of the blockchain to push the envelope of what we can offer users of the DropDeck platform.

The blockchain itself allows for better transaction processing. Data and cash are autonomous, decentralized, transparent and cost-efficient, not to mention instant. What’s possibly most important about these transactions is that they’re secure and reliable, giving you the kind of peace of mind you need to fund without any nagging doubts.

The built-in consensus mechanism facilitates fair decision making by making the process transparent. Oracles submit votes and decide in a democracy, with higher level queries being escalated through to DropDeck’s in-house jury system.

Transaction currency takes the form of DDD tokens, which are, in turn, used as rewards for participants in the incentive ecosystem. This system is governed by the smart contracts, used in each case of funding. Users enjoying the benefits of a contract like this are incentivized to contribute more data which, in terms, benefits our A.I. system, and drives collaboration, strengthening the community, as well.

The Makeup Of The DDD Token

Any system with the Ethereum blockchain serving as its backbone needs one important factor in order to thrive: a strong currency token.

It’s with great pleasure, then, that we’d like to take this opportunity to officially introduce Decentralized DropDeck token or DDD for short.

As mentioned previously, the DDD will form a big part of our transaction process, serving as a stand-in currency for contracts and as an incentive reward for users. Because of the constraints of the system itself, only ETH and BTC tokens may be contributed and converted into DDD.

Tokens for this system will begin being generated on November 21st of 2017, with a soft-cap upon receipt of 29,999 ETH. The token generation event itself will last for 30 days, and early buyers will be able to pick up DDD at a sliding rate. This rate starts at 15,000 DDD to 1 ETH (a 50%​ ​bonus​, during the first hour of the sale), 1 ETH to 14,000 DDD (a 40%​ ​bonus​ for the first day), 1 ETH to 13,000 DDD (a 30%​ ​bonus, in week one), 1 ETH for 12,000 DDD (a 20%​ ​bonus​ in the second week), 1 ETH for every 11,000 DDD (a third week bonus of 10 %), and 1 ETH for 10,000 DDD (no bonus, in the fourth and final week).

If the soft-cap is reached before the thirty days are over, we will continue selling and creating DDD for seven additional days, because we have your best interests as a buyer at heart.

Half of all DDD created during the TGE will be allotted to public ETH and BTC contributors. 12% is set to be allocated to Founders and Advisors, with excess DDD distributed among these same members if someone leaves. 7% of tokens find their way into the key pool, and a further 5% are directed to crowdsale rewards.

Early contributors will receive 1%, with a 25% reserve left over.

With the extreme likelihood of these tokens increasing in their liquidity in coming years, we expect users will be able to easily trade and spend these in new and innovative ways. As more online service providers accept cryptocurrency payment, companies funded in our DDD token system will find access to a wider array of relevant gateways within their industry.

There are even plans to list DDD on major exchanges as the currency develops.

Better Funding, With DropDeck

No matter your reasons for financing a business, your money is precious.

At DropDeck, we understand your need for more options, a clear financing and repayment system, and a currency you can rely on.

Want to find out more about our excellent funding services, and the upcoming release of our DDD tokens? Get in touch with us, today, and start doing right by your business funding ventures.