Hi everyone, its Dennis Abari once again. Am here with a fintech idea on how we developers cab solve the issue of lack of funds to build projects or startups.

Here is what I propose.

We will build an ethereum token, do an ICO and sell the tokens. Let me explain in more details.

We will create 2,000,000 $DEV token. We will then do an ICO and sell 1,000,000 of the dev tokens at $2 per token to raise $2M dollars.

1,000,000 tokens X $2 = $2,000,000.

To buy the dev token, people will send at least 2 DAI tokens (which is $2) into our ethereum smart contract and then the contract will send then 1 $dev token.

So if someone sends 10 DAI tokens (which is $10), he or she will receive 5 $dev tokens in return.

How will the money be spent.

1. $1M dollars out of the money will be use to invest in projects/startups and businesses that the community vote to invest in.
For all projects or startups invested in, the ICO investors get to receive revenue share or equity from the companies or project.

2. $500K will be kept in a reserve with yearn.finance to earn massive interests so that the money will be reinvested into projects and startups.

3. $500k will be given to Uniswap, Quickswap and compound finance for the public yo buy, sell and trade with it. ICO investors get rewarded in transaction fees (liquidity) from those platform.
4. The community will decide what to do with the remaining 1M tokens.

How do you benefit by contributing and buying $dev tokens.

1. All token holders will receive a share of every transaction fee or equity of startups or project the community will invest in.
2. Interests gained from the money in reserve will be distributed to all token holders every month.
3. All token holders will be covered in $500K tokens in reserve which will be earning interests for them every day. This is to protect them from the volatility of the ethereum market.

Would love to hear your feedbacks and suggestions.

The ethereum ICO is built to receive DAI tokens from investors because its a stablrcoin. The value is always $1.

We will need a team of 15 people to build this .
• 3 blockchain devs
• 3 front end devs (React & JS)
• 3 cyber security analyst and ethical hackers to protect the system
• 3 project managers managing each dev team
• 3 Fintech auditors to keep the public wars of our financial transactions.

Am a blockchain developer and a cuber security analyst + hacker . I can build the ICO smart contract and $dev token but we all will be working as a team.

Sebu515:
Hello

Hello. Please would love to hear your suggestions

The development team will write a detailed white paper to enlighten others on what we are doing and how people can benefit from this .

We can only make this a reality we we work together.

Melanin07:
Hi everyone, its Dennis Abari once again. Am here with a fintech idea on how we developers cab solve the issue of lack of funds to build projects or startups.

Here is what I propose.

We will build an ethereum token, do an ICO and sell the tokens. Let me explain in more details.

We will create 2,000,000 $DEV token. We will then do an ICO and sell 1,000,000 of the dev tokens at $2 per token to raise $2M dollars.

1,000,000 tokens X $2 = $2,000,000.

To buy the dev token, people will send at least 2 DAI tokens (which is $2) into our ethereum smart contract and then the contract will send then 1 $dev token.

So if someone sends 10 DAI tokens (which is $10), he or she will receive 5 $dev tokens in return.

How will the money be spent.

1. $1M dollars out of the money will be use to invest in projects/startups and businesses that the community vote to invest in.
For all projects or startups invested in, the ICO investors get to receive revenue share or equity from the companies or project.

2. $500K will be kept in a reserve with yearn.finance to earn massive interests so that the money will be reinvested into projects and startups.

3. $500k will be given to Uniswap, Quickswap and compound finance for the public yo buy, sell and trade with it. ICO investors get rewarded in transaction fees (liquidity) from those platform.
4. The community will decide what to do with the remaining 1M tokens.

How do you benefit by contributing and buying $dev tokens.

1. All token holders will receive a share of every transaction fee or equity of startups or project the community will invest in.
2. Interests gained from the money in reserve will be distributed to all token holders every month.
3. All token holders will be covered in $500K tokens in reserve which will be earning interests for them every day. This is to protect them from the volatility of the ethereum market.

Would love to hear your feedbacks and suggestions.

Why don't you use BEP20 or HECO20 to make it cheaper considering gas fees

Ynix:


Why don't you use BEP20 or HECO20 to make it cheaper considering gas fees

BEP20 on binance smart chain is a good idea.

Firstly, that would also means we change the DAI token to either Tether, USD coin or bianace USD as they are the only stable coins on binanance smart chain.

But the thing is, we don't have much if any any yield interest investing dex like yearn.finance, Aave, balancer and their likes running on binance smart chain. Maybe pancakeswap!

I stand been corrected though.

But please what else would you like to suggest.
It's going to be a community project, I won't be doing this alone.

Ynix:


Why don't you use BEP20 or HECO20 to make it cheaper considering gas fees

Remember that the Ethereum virtual machine calculates gas fees depending on the complexity of the code rather than the size of the code.

The ICO and token code for $dev token won't be too complex to incur high gas fees.

And also high gas fees on ethereum can do us good when we start getting interests on our reserve tokens in yearn.finance, Uniswap and compound.

Drop your number, or text mine below on WhatsApp, there's something I want to show you

Melanin07:
Hi everyone, its Dennis Abari once again. Am here with a fintech idea on how we developers cab solve the issue of lack of funds to build projects or startups.

Here is what I propose.

We will build an ethereum token, do an ICO and sell the tokens. Let me explain in more details.

We will create 2,000,000 $DEV token. We will then do an ICO and sell 1,000,000 of the dev tokens at $2 per token to raise $2M dollars.

1,000,000 tokens X $2 = $2,000,000.

To buy the dev token, people will send at least 2 DAI tokens (which is $2) into our ethereum smart contract and then the contract will send then 1 $dev token.

So if someone sends 10 DAI tokens (which is $10), he or she will receive 5 $dev tokens in return.

How will the money be spent.

1. $1M dollars out of the money will be use to invest in projects/startups and businesses that the community vote to invest in.
For all projects or startups invested in, the ICO investors get to receive revenue share or equity from the companies or project.

2. $500K will be kept in a reserve with yearn.finance to earn massive interests so that the money will be reinvested into projects and startups.

3. $500k will be given to Uniswap, Quickswap and compound finance for the public yo buy, sell and trade with it. ICO investors get rewarded in transaction fees (liquidity) from those platform.
4. The community will decide what to do with the remaining 1M tokens.

How do you benefit by contributing and buying $dev tokens.

1. All token holders will receive a share of every transaction fee or equity of startups or project the community will invest in.
2. Interests gained from the money in reserve will be distributed to all token holders every month.
3. All token holders will be covered in $500K tokens in reserve which will be earning interests for them every day. This is to protect them from the volatility of the ethereum market.

Would love to hear your feedbacks and suggestions.

text me on Whatsapp, number is below or drops yours

Great Idea, I'd love to contact you on this. I guess the summary is tokenizing equity to invest in startups. I think getequity does something like this but it's not through crypto.

You can drop your WhatsApp no I'll love to contact you.

Hmmmm, a new token coming from Nigeria develop by Nigerians. They wouldn't trust you. Nigeria reputation has been damaged both home and abroad. Many well experienced cripto traders will be scared of you people because we already know ourselves in this country. In this Nigeria, we know ourselves. We don't what to put in our resources to something that wouldn't yeild us much profit especially a business we don't sure or predict what we happen. Some amongst you might be running out of patience and later influence others to rugpull the project. This is Nigeria!! If the developers of a coin can't have much patience to dream for a very long term, spending money on marketing, working on gaining investors trust, holding AMAs.
Infact, Nigerians will prefer to buy token develop by those whites blockchain developers who they don't even know anything about them not that they are saint but a popular adage will say "devil you already know is better than a strange angel that accidentally visit you"

Sheriman:
Hmmmm, a new token coming from Nigeria develop by Nigerians. They wouldn't trust you. Nigeria reputation has been damaged both home and abroad. Many well experienced cripto traders will be scared of you people because we already know ourselves in this country. In this Nigeria, we know ourselves. We don't what to put in our resources to something that wouldn't yeild us much profit especially a business we don't sure or predict what we happen. Some amongst you might be running out of patience and later influence others to rugpull the project. This is Nigeria!! If the developers of a coin can't have much patience to dream for a very long term, spending money on marketing, working on gaining investors trust, holding AMAs.
Infact, Nigerians will prefer to buy token develop by those whites blockchain developers who they don't even know anything about them not that they are saint but a popular adage will say "devil you already know is better than a strange angel that accidentally visit you"

sadly I understand what you mean, but you should read more about this before critically criticizing the black race, this exact ico start up is currently successful in South Africa and gaining ground with over $40m realised already...so sit back and watch...

Melanin07:
Hi everyone, its Dennis Abari once again. Am here with a fintech idea on how we developers cab solve the issue of lack of funds to build projects or startups.

Here is what I propose.

We will build an ethereum token, do an ICO and sell the tokens. Let me explain in more details.

We will create 2,000,000 $DEV token. We will then do an ICO and sell 1,000,000 of the dev tokens at $2 per token to raise $2M dollars.

1,000,000 tokens X $2 = $2,000,000.

To buy the dev token, people will send at least 2 DAI tokens (which is $2) into our ethereum smart contract and then the contract will send then 1 $dev token.

So if someone sends 10 DAI tokens (which is $10), he or she will receive 5 $dev tokens in return.

How will the money be spent.

1. $1M dollars out of the money will be use to invest in projects/startups and businesses that the community vote to invest in.
For all projects or startups invested in, the ICO investors get to receive revenue share or equity from the companies or project.

2. $500K will be kept in a reserve with yearn.finance to earn massive interests so that the money will be reinvested into projects and startups.

3. $500k will be given to Uniswap, Quickswap and compound finance for the public yo buy, sell and trade with it. ICO investors get rewarded in transaction fees (liquidity) from those platform.
4. The community will decide what to do with the remaining 1M tokens.

How do you benefit by contributing and buying $dev tokens.

1. All token holders will receive a share of every transaction fee or equity of startups or project the community will invest in.
2. Interests gained from the money in reserve will be distributed to all token holders every month.
3. All token holders will be covered in $500K tokens in reserve which will be earning interests for them every day. This is to protect them from the volatility of the ethereum market.

Would love to hear your feedbacks and suggestions.

How will you keep track of the investors to share the profits from the investment...

This is a good idea by the way

Op how far about this?

Let's do this

Interested. I'd love to get involved, check my signature for my contact.

BUY THE <a href="https://www.marketncard.com/echoke-token/">ECHOKE TOKEN NOW</a> AND THANK ME BY JANUARY 2022.