
**UPDATE: Drep raised 19.8M USD in ICO, there is no set date for token release or exchange info as the Drep team is waiting for the market conditions** A decentralized reputation ecosystem comprising of a public chain, a reputation-based protocol and the tools for Internet platforms to leverage its power
| Sale Type | Past ICO listing |
|---|---|
| Target Raise | $ 19,800,000.00 |
| Hard Cap | $ 19,800,000.00 |
| Token Symbol | DREP |
| Token Type | ERC20 |
| Token Price | 1 DREP = $0.0077 |
|---|---|
| KYC | Yes |
| Whitelist | Yes |
| Accepts | ETH |
| Distribution | 40% User acquisition and strategic partnerships; 30% Token presale and crowdsale; 15% Community development, branding and treasury; 15% Team |
DREP Foundation is committed to building a performance-oriented technology infrastructure supporting high transaction capacity for an ecosystem generating valuable reputation data. Focusing on two industry pain points: lack of user adoption and low transaction throughput, DREP Foundation aims to provide a highly scalable blockchain architecture, DREP Chain, for deployment of a reputation protocol that anyone can use. DREP Chain is a novel scale-out architecture, with a mutually independent governance mechanism for the two-layer structure as well as within shards.
No, the DREP ICO is closed.
The DREP token uses the symbol DREP.
The token price for DREP is 1 DREP = $0.0077.
DREP's KYC requirement is: Yes.
The official website for DREP is https://www.drep.org/, and the whitepaper is available at https://s3-ap-southeast-1.amazonaws.com/drep-singapore-s3/0719-DREP_WhitePaper_EN_v1.0.7.pdf.