DeHedge Review – ICO Guide
DeHedge is a hazard hedging platform for cryptocurrency investors that guarantees to ensure cash invested in ICOs and cryptographic forms of money. Find out how it does that today in our review.
What Is DeHedge?
DeHedge is a hazard hedging platform for cryptocurrency investors who need to secure their investments. The pre-sale for DeHedge tokens (DHT) begins in December.
DeHedge is a decentralized platform that insures investments in ICOs and cryptographic forms of money, giving investors assurance in case of exchange rate variances, tricks, project cancelations, or other unanticipated issues.
The platform is based around the use of smart contracts. You go into a smart contract with DeHedge, and that smart contract pays out consequently in case of an insured occasion.
How Does DeHedge Work?
DeHedge is a decentralized insurance market. You go into a smart contract with DeHedge. Each smart contract is modified to consequently pony up all required funds if an insured occasion happens. The whole platform is based on the Ethereum blockchain.
Investors can likewise postpone a programmed payout and pick not to influence an insurance to guarantee. If the exchange rate dips under a certain sum, at that point the smart contract can pay you ETH or BTC in exchange for your tokens. Or on the other hand, if you’re certain the price will return up, at that point you can defer your claim and clutch your tokens.
Another key feature of DeHedge is that its smart contracts use a binary connection algorithm in light of insurance, stores, and liabilities. This makes it unimaginable for insurance cover to surpass insurance holds. As it were, DeHedge isn’t going to guarantee colossal assurance to insurers, at that point neglect to pay out when an occasion happens. This isn’t conceivable because of the rationale of the smart contract. It’s unimaginable for liabilities to surpass the scope.
The whole framework rotates around DeHedge’s exceptional scoring model. That scoring model was developed “in a joint effort with a world class consulting firm,” explains the official website.
Full insights about the scoring model can be seen in the DeHedge whitepaper. The framework involves using restrictive programming to process two sorts of information, including programmed gathering and analysis of freely available data and in addition manual data changes when fundamental.
A portion of the data dissected by the DeHedge engine includes the project whitepaper, project website page, team information, social movement, Github and vault action, blog articles, news and posts in well known online discussions, token emission volume, token price during ICO, post-ICO token statements, the quantity of investors, the measure of cash being raised, the trading volume, and the quantity of bidders. DeHedge takes the majority of this information into consideration, at that point uses machine learning algorithms to allocate projects to certain categories and domains.
The end result is that you can peruse the DeHedge platform to see insurance prices for different ICOs. You may see one ICO recorded on the platform with a multi day insurance scope bundle available. That bundle is priced at 14 DHT. In the interim, a shorter-term, multi day insurance bundle for another ICO is priced at 2 DHT.
You buy one of these insurance bundles, at that point get assurance in case of a price drop. If the price of the token drops, at that point DeHedge will send a rate falling notification to your address. If the price dips under a certain point, at that point you can assert your insurance, in which case you send your tokens to DeHedge and they’ll pay BTC/ETH from their insurance save. If you’re certain the price will return up, at that point you can likewise forgo your insurance guarantee.
In general, DeHedge means to deliver advantages to ICO investors, cryptocurrency merchants, institutional investors, and blockchain new businesses.
- ICO investors are ensured the wellbeing of their investments
- Cryptocurrency dealers can get to insurance against exchange rate instability
- Institutional investors can retain benefit and pull in new investors by guaranteeing more noteworthy levels of security than different funds
- ICO projects can draw in investors and secure against post-listing pump and dump plans (investors will be more pulled in to a project if it’s insured against a plan this way)
- ICO trading settings help to draw in vast investments in a project
- Crypto exchanges insure transactions between customer
- Crypto wallets can insure client funds against hacks and secure their clients
- Mining ranch vendors can get to insurance against exchange rate instability
As should be obvious, DeHedge plans to deliver significant advantages to all individuals from the cryptocurrency community, from individual investors to the supply side. Organizations can give extra assurance to their clients, while individual investors can buy security for themselves.
The DeHedge Token Sale
DeHedge is issuing an aggregate of 10,000,000,000 (10 billion) DHT tokens. 80% of the aggregate supply will be sold during the pre-sale/crowdsale. 15% is going to the project team and fellow benefactors, 2% is going to the bounty program, and 1% is going to marketing.
The ICO begins with a pre-sale from December 4 to December 17, 2017. DeHedge is seeking to raise $3 million during the pre-sale. Investors get a 25% reward, with a base rate of 1 DHT = $0.0165 USD (or the proportional in BTC/ETH.
Who’s Behind DeHedge?
DeHedge is driven by organizer and CEO Mikhail Chernov. Other key individuals from the team include Bogdan Leonov (Co-Founder and CCO), and Dmitry Ansimov (Co-Founder and COO).
A well spread out, informative, complete Whitepaper is an absolute necessity for any ICO, if they are to be considered important. Documentation is now and again regarded as a reconsideration, leaving numerous organizations open to some feedback.
DeHedge’s paper is practical, and stacked with numerical recipes and conditions, which would appear incomprehensible to somebody who’s not versed in such issues. The inclusion of such equations is faulty, and would have been exceptional used on a more specialized paper which potential investors may wish to download. For the all inclusive community, they are very useless.
By the by, all the principal ideas and thoughts of what DeHedge is about are there.
By and large, the paper is somewhat outwardly unappealing, with a dull styling which clings onto its financial roots.
Website Quality and Layout
The website is straightforward, and to the point. It follows an indistinguishable style from a considerable measure of ICOs, featuring all the significant features and ideas that the company offers.
The website is secure, which is a condition sine qua non for a webpage intent to manage digital forms of money.
In general, DeHedge intends to deliver advantages to ICO investors, cryptocurrency merchants, institutional investors, and blockchain new companies.
ICO investors are ensured the wellbeing of their investments
Cryptocurrency dealers can get to security against exchange rate unpredictability
Institutional investors can retain benefit and draw in new investors by guaranteeing more prominent levels of assurance than different funds
ICO projects can draw in investors and ensure against post-listing pump and dump plans (investors will be more pulled in to a project if it’s insured against a plan this way)
ICO trading settings help to draw in expansive investments in a project
Crypto exchanges insure transactions between customers
Crypto wallets can insure client funds against hacks and ensure their clients
Mining ranch vendors can get to assurance against exchange rate unpredictability
As should be obvious, DeHedge plans to deliver real advantages to all individuals from the cryptocurrency community, from individual investors to the supply side. Organizations can give extra assurance to their clients, while individual investors can buy security for themselves.
The company’s website displays a center team of 12 individuals, in addition to 10 extra team individuals. This is a bizarrely expansive number of individuals for a start-up, and keeping in mind that there’s nothing inherently amiss with that, the overhead expenses are probably going to be high, maybe hampering initial benefits.
The team includes various investment brokers, programming developers, and investors on the cryptocurrency markets, which are the correct arrangement of abilities for an undertaking, for example, this. All center team individuals include links to their LinkedIn profiles.
There is no say of expanding the team later on, but since the team is as of now sufficiently huge, there may not be space for extension.
DeHedge gives a special level of insurance to the crypto industry. You can buy insurance bundles through the platform to appreciate security against price drops, exchange rate changes, and startling occasions. DeHedge’s framework depends on smart contracts that compensation out naturally when certain conditions are met.