DEFACTO announces launching of ICO for their

On a mission to capture the voice of public opinion and influence a change in society, DEFACTO aims to deliver a voting and polling solution on the blockchain to create a ‘Better World Through Fair Voting’.

There has been a long-held belief that traditional voting is fundamentally flawed due to a lack of transparency, being centralized as a process and system makes it susceptible to manipulation and public skepticism. The team at DEFACTO clearly believe that blockchain technology offers a better, cleaner solution.

Covering all areas of daily life from consumerism, politics, education, health, infrastructure, and justice, DEFACTO is being established as a truly decentralized and borderless platform for users to propose and cast votes, helping to define policies and shape the society and communities in which we live.

DEFACTO’s platform addresses key issues with the way in which voting currently takes place and coordinates activities on the blockchain on a bespoke crypto platform. There is a clear focus to facilitate private transactions and fair polling on the blockchain, whilst rewarding users through a generous proof of stake system… making DEFACTO a Proof of Stake, Privacy & Polling Digital Asset:

  • Proof of Stake (POS): Accrue annual profits and compound interest using our Proof of Stake (POS) system. Generous rewards in place for nodes who stake their DEFACTO coins.

  • Privacy: Choose to remain anonymous on the blockchain with our bespoke ‘Spectre Protocol’ which incorporates the latest blockchain security features.

  • Polling & Rewards: Submit your opinions and propose items to be polled on our decentralized dynamic voting system cast as an immutable ledger on our bespoke blockchain platform. Get rewarded for your efforts and contributions to the platform and product.

Funding for this project will be raised through a crowdfunding pre-token sale and token sale with the proceeds being utilized to further develop the product and platform. The token sale will start on 17th August 2018, ending when the hard cap of 102,400,000 tokens has been issued to investors.

For early investors DEFACTO is offering a generous bonus structure:

  • Pre-Token Sale 07:00 am on 17/08/2018 for a period of 3 hrs = 30% Token bonus

  • Pre-Token Sale Day 1 to 8 = 20% Token bonus

  • Pre-Token Sale Day 9 to 20 = 15% Token bonus

  • Token Sale (After Day 20) = 10% Token bonus (>10 ETH)

Further information regarding bonuses along with use cases and a more detailed breakdown of token distribution can be found in the DEFACTO whitepaper, while announcements can be followed by subscribing on our channels, for complete information, please visit ours.

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