DDF Token Allocated
(Out of 250,000,000 Total)
Value in ETH
Equivalent in USD
Official ICO Address
Send only ETH to:
- DO NOT send funds from exchanges like Coinbase or from multi-sig wallets. YOU WILL LOSE YOUR FUNDS!
- Set the Gas Limit to 200,000.
- DDF Token will be sent immediately to the wallet from which the ETH arrived.
- By participating in this ICO, you agree to the terms and conditions and confirm that you are not a citizen or resident of the USA.
“[..] our research showed that DDF has a strong history of buying and selling premium internet domain names successfully. [..] would give DDF a positive review.”
“I will also buy into the DDF ICO personally […]I don’t want to miss the possibilities this token offers.
Rune Evensen, Coss.io
Established Track Record
High Growth Investment
Secure & Transparent
Initial Coin Offering
The ICO runs over 30 days or until all tokens have been allocated. Oour goal is to ensure fair and balanced access for small and larger investors, end users, and the overall community. For this reason, and in order not to place undue burden on the Ethereum network, we have decided not to implement an accelerator or discount function for early birds.
Use of Proceeds
From the total proceeds, 15% will be used for operations (software development, human resources, legal, marketing), 15% will be stored in a reserve fund of at least 25% BTC, 25% ETH and max. 50% cash, and 70% will go into portfolio.
How It Works
- ICO participants send funds to the Ethereum Smart Contract above.
- The Smart Contract mints DDF tokens instantly and sends them directly to the user’s wallet.
- Once the ICO has been completed (total duration or maximum tokens issued) the Ethereum funds are transferred to the fund’s wallet.
What Token Holder Get
Token holders profit from the value increase in digital assets through a proof-of-membership in the fund. In addition, they participate in the distribution of fund net profits as quarterly dividend. Token holders receive their dividend through a smart contract as Ether payment. The first net profit will be distributed September 30th, 2017.
Net Profit Distribution
50% of net profit is distributed to investors.
Performance fee (5% hurdle):
- 0-5% net profit: 0 % performance fee
- 5-10% net profit: 5% performance fee
- 10-15% net profit: 12% performance fee
- > 15% net profit: 15% performance fee
The remainder (50% minus the performance fee, so at least 35%) is reinvested).
ICO Fact Sheet
|ICO Start||July 10th, 12:00 GMT+2|
|ICO End||Token Cap Reached or August 9th,12:00 GMT+2|
|Token Full Name||Digital Developers Fund Tokens|
|Smart Contract Address||Announced 48 Hours Before ICO|
|Smart Contract Source||https://github.com/digitaldevelopersfund/ddf|
|Token Supply||247,500,000 DDF
2,500,000 Internal Fund
|Exchange Rate||1,000 DDF = 1 ETH|
|Unused Tokens||Burnt After ICO|
|Role of Token||Proof-of-Membership, Access to Profit Distribution|
|Incorporation Details||DDF Asset Ltd, 89 Nexus Way, Camama Bay, Grand Cayman|
|Team||Michael Marcovici, Davies Guttmann|
|History||On Market Since 2010|
|Fund Investment Focus||45% Crypto Currencies, 27.5% Domain Names, 7.5% Mining Operations, 5% Other Digital Assets, 15% Reserve Fund|
|Fund Management Fee||2.5%|
|Fund Performance Fee||Up to 15% After 5% Hurdle|
Frequently Asked Questions
WHY RAISE VIA CROWDFUNDING?
We evaluated raising capital between a Blockchain crowdfunding campaign and traditional fund raising and concluded that utilizing an Ethereum ERC20 token would be the optimal fundraising method to achieve our vision. Blockchain crowdfunding gives access to people who would maybe ordinarily not have access to investment funds.
WHAT DOES THE DDF TOKEN REPRESENT?
DDF tokens are “proof-of-membership” in the fund. Holders of DDF tokens will receive quarterly dividend distributions proportionate to their stake percentage.
WHERE WILL DDF TOKENS BE LISTED?
We have already signed a partnership with coss.io, a Singapore exchange, to list DDF tokens right after the ICO. We will ensure that DDF tokens are tradable on a minimum of 1 major exchange (although our goal is 3-5 leading cryptocurrency exchanges).
WHERE WILL DIVIDENDS BE PAID TO?
Quarterly dividends will be distributed to the token holder. They are sent to the Ethereum address that holds the tokens. If the token is held on an exchange, then the exchange will distribute the dividend to you.
WHY ARE THERE NO DISCOUNTS FOR EARLY BIRDS?
We have seen earlier ICOs being sold out quickly by large investors. By not rewarding early bird investment in the ICO, we are trying to ensure broader distribution and equal participation rights.
ARE THERE ANY LIMITATIONS AS TO WHO CAN INVEST?
You are not allowed to purchase DDF tokens if you are either a U.S. citizen or permanent resident of the United States, or have a primary residence or domicile in the United States, including Puerto Rico, the U.S. Virgin Islands, and any other territories of the United States. Please see our complete Prospectus for more details.
WHERE CAN I BUY DDF TOKENS?
During the ICO, you can participate in buying DDF tokens by sending ETH to the address listed on this website shortly before commencement of the ICO. After the ICO, you will be able to buy DDF tokens on any participating exchange.
WHAT FORM OF PAYMENT IS ACCEPTED IN THE ICO?
You can participate in buying DDF tokens by sending ETH to the address listed on this website shortly before commencement of the ICO. The only accepted currency is ETH.
HOW MUCH ARE YOU RAISING?
We are selling DDF Tokens for up to 247,500 ETH.
WHY IS THE FUND SO SMALL AT $.3.3M?
The fund was originally established to allow friends and close supports to invest alongside the founders. Only to meet demand, it was opened later to a slightly large base of investors.
IS DOMAIN INVESTING CYBER SQUATTING?
No. Like most professional domain investors, we buy, sell, develop, and monetize generic domain names. We respect Intellectual Property laws and avoid names that may be related to trademarks.
The business of investing in generic domain names is akin to buying real estate. Some people choose to buy land in an area they think will be developed in the future, rendering it much more valuable. They are content waiting for months or even years before selling. Others will buy property and build homes, and they will either sell or lease them, building a residual revenue stream.
WHAT HAPPENS TO THE RAISED FUNDS AFTER THE ICO?
Funds will be split into three hardware wallets for operations, reserve fund and portfolio; we have contracted Grant Thornton to perform confirmation of funds storage shortly after the ICO.
WHAT IS THE FUND'S TRADING STRATEGY?
The general trading strategy is value investing and buy and hold for mid term. This applies to crypto currency, domain names and other digital assets. In general we do no day trading for the most part of the fund, but smaller positions may be taken for specific algorithmic trading technologies that are being reviewed.
Trading decisions are made between the funds director and asset manager, based on input from a research team.
HOW CAN INVESTORS CHECK AND VERIFY TRADES?
I SENT FUNDS, CAN I VERIFY I HAVE RECEIVED DDF TOKENS?
If you have sent funds and the DDF tokens are not showing up yet, it may be due to synching issues or another delay. You can however verify on our Smart Contract page on Etherscan that you have DDF tokens on your wallet. On https://etherscan.io/address/0xcc4ef9eeaf656ac1a2ab886743e98e97e090ed38#readContract, enter your address in the balanceOf query box in the ReadContract function. This will display your DDF token balance.
ARE DDF TOKENS TRANSFERRABLE AND HOW DO I TRANSFER THEM?
DDF Tokens are immediately transferable. You can transfer them to any ERC20 supporting wallet (any wallet that would also be able to participate in the ICO; for example MyEtherWallet, Mist, or imToken. Please make sure to set the Gas Limiti to 200,000 when transfering tokens.