• bitcoin
    BTC$5,308.00
  • ethereum
    ETH$156.54
  • bitcoin
    BTC$5,308.00-2.62%
  • ethereum
    ETH$156.54-4.80%
  • DUO Network (BitMax IEO)

    CryptoPotato score

    8.4/10

    DUO Network (BitMax IEO)

    DUO is a new, decentralized, income-generating stable token backed by first-class financial engineering and market proved model. A decentralized margin trading product, our tranche contract can increase the underlying market’s liquidity, bring in innovative assets to decentralized exchanges, and benefit the blockchain ecosystem as a whole.
    The platform aims to reduce risks and barriers in traditional derivative transactions, through collateralized smart contracts and self-governed reference rates, thereby creating a transparent and autonomous derivative marketplace. There would be no need to do dollar equivalent conversions before transactions. Rather, the cryptocurrency itself will be a standard unit of valuation.
    Token will be used for payments, transactions and utility across the platform.

    Duo Network Review and Rating

    8.4

    Team

    7.9/10

    Stage of The Project

    8.5/10

    Project Potential

    8.5/10

    Community

    8.6/10

    Token-Use

    8.2/10

    Token Sale Terms

    8.7/10

    White Paper

    8.5/10

    Technology

    8.4/10

    Pros

    • Project Potential: With the recent hype of IEOs short term looks excellent. For the long run, it is not easy for a trading platform to gain mass adoption without solid partners
    • Token Sale Terms are looking pretty fair: Cap of 15M used for the total circulation, 22% of tokens were being sold for 5.1 M USD (both in the private sale and the IEO). For such a project to overcome 15 M USD cap is not going to be very difficult

    Cons

    • No significant name from the blockchain industry both in the team members and the advisory board. Contrarily, the CEO and CTO both come from an advanced economic experience.

    Presale on Bitmax Starts At

    27 Apr 2019, 12:00 UTC - 34 Hours Left

    Total Hardcap $5,100,000

    Token: DUO

    Token type: ERC-20

    ICO price: 1 DUO = $0.15 USDT

    Finite token number: 100,000,000 DUO

    Token Allocation: Sale 22% | Community Incentive 28% | Long-term Reserve 25% | Team Incentive 20% | Advisors and Compliance 5%

    Availability: No restrictions

    Status: Whitepaper is ready.

    Accepted currencies: USDT, BTC

    Sumbit KYC
    Users are required to complete KYC V2 in order to participate in the presale

    Private Sale
    3% before initial trading platform listing, 3% 1 month after listing, 3% 2 months after listing, 11% 3 months after listing, 10% each month from the 4th month

    Date: Undisclosed
    Cap: 12,000,000 DUO (3.6M USD)
    Price: 1 DUO = 0.3 USDT

    Presale on Bitmax
    Token Distribution: 24 hrs after presale

    Date: 12 PM UTC, Apr 27 - 1 PM UTC, Apr 27
    Cap: 10,000,000 DUO (1.5M USD)
    Price: 1 DUO = 0.15 USDT

    Community

    Twitter 529 followers

    Telegram 19,918 members

    Team Members

    Duo network team

    Jerry LI

    CEO

    Duo network team

    Yizhou CAO

    CTO

    Duo network team

    Lino WANG

    Head of Marketing

    Duo network team

    Ting GAO

    Head of Markets

    Duo network team

    Anastasia Koltovich

    Community Manager

    Advisory board

    Duo network team

    Prof. Steven KOU

    Advisor

    Duo network team

    Xi LI

    Advisor

    Duo network team

    Tony REN

    Technical Advisor

    Partners

    blackrock_logoCreditSuisse logoDeloitte logoCiti logoHuawei logoLondonBusinessSchool logo

    Investors

    Node logoLemiscap logoldcap logoBitrisevcContinue cap logoBibox logoUniValues Associates logoHcapital logoBlocksouceFoundation logoZhenFund Logo
    Scroll to top