DIW Token

Price per token: $0.05 | Category: Business services, Business services, Smart Contract
  • Category: Business services, Business services, Smart Contract
  • Price per token: $0.05
  • Platform: Etherium (ERC20)
Hype rate: High
Risk rate: Normal
ROI rate: Max
CatalogICO interest: Hight interest
Team from: Marshall Islands
Fundraising goal: 28 000 000 USD USD
Total tokens 1 000 000 000 DIW
HardCap: $ 28000000
64%
DIW’s unique concept plans to solve global security vulnerabilities in regards to private sensitive data including ID Documentation, Bank and Login details, Wills and Healthcare records to name a few with the introduction of a Secure Digital Vault. Additionally, it will enhance the use of crypto currencies by developing a check-out system accepting all major fiat and crypto currencies, easily integratable on thousands of websites. Furthermore, it will introduce a fully transparent, trusted, global directory featuring a rating system where organisations and individuals alike will be able to do business swiftly, securely and with full confidence. The DIW Token will be the preferred method of payment throughout the DIW network.

 

Description

DIW is presented as a Digital Identification Wallet that gives any account holder the ability to store, access and exchange sensitive, encrypted data and services to another account holder.

Mission

The main mission for this platform focuses on security in every venture that it sets out on. Its promise remains to put an end to the plague of data breaches, growing online frauds, and use of cryptocurrency only within the cryptocurrency community.

Products

Where things begin to get unclear is exactly what DIW is offering besides security. Not much is mentioned about the tokenization of the platform, but what is mentioned are the many goals and ideas the team has. This includes a decentralised security platform where data will remain highly-encrypted and secure as well as private for the storage of sensitive information and digital data, with arrangements made for partial or full sharing of any desired piece of info.

They also aim to provide ecommerce websites with a secure method of accepting payments in fiat or other major cryptocurrencies via the DIW Payment Gateway with Paid Escrow services, generate a Global Directory where individuals/organisations will be able to list their services and expand their reach, and involve account holders in the sharing of Electronic Health Records between individuals and laboratories or health practitioners.

Team & Partnerships

The leadership of the team consists of CEO and COO, Stephanos Constantinou and Christopher Zenios who co-founded DIW as well as the company that they are partnered with, Alcaeus Labs. Both gentlemen have business experience to ride on and masters degrees in Digital Currency from the University of Nicosia, and the CEO Stephanos Constantinou is also CEO of MEFAL and Filomedica, a pharmaceutical warehouse company and pharmaceutical supplier both based in Cyprus.

The developers of the platform are also experienced web developers and seemingly blockchain experts. The ICO is set to launch but has already been reviewed by ICOBench with a 4.5 rating, although it does need to be said that the leadership is directly linked with the review website, so make of that what you will.

ICO Details DIW token

The price of a DIW token is set to steadily increase as phases of the ICO reach completion. However, the final ICO price is advertised as 1 ETH = 8000 DIW as on their website, where you can register to purchase some tokens once the ICO begins on May 2nd of 2018 at diwtoken.com. ​The total supply of the ERC-20 tokens is indicated to be 1 billion, with 70% sold at the crowd-funding ICO event in May, and investors have been told in the whitepaper that whatever tokens are unsold at the end of the event will be burned. A hard cap has been set for this coin offering at $28 million and more updates about the project can be found at ​bitcointalk.org/index.php?topic=2567416​.

Remarks

The goals for DIW are certainly ambitious, and some might even consider there to be no particular focus besides security. The services being promised are exemplary and would definitely impactful and widely adopted, but one has to wonder with projects like these where a prototype is yet to be fully developed only after the ICO and listing of the token on exchanges would have taken place. Would the trading of this token and its value be entirely speculation? Things will be clearer as we head down the roadmap of this project, with a full launch of the platform in Europe expected by Q4 of 2018.

Team Diw Toke

 

Author: Skorpo

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1387958

Project advisors

Dinos Pastos
Blockchain & Security Specialist
Blockchain R&D, Computer Science & Security Expert, Advanced Software Engineer, Active Citizen
Artur Oganov
Entrepreneur & Financial Advisor
Highly Experienced in Global Financial Services, Brokerage & Legal Consulting Directors Member, Seasoned Politician
Simon Cocking
World-class Blockchain Expert
Company Founder, Writer, Journalist, Content Creator, Digital Marketing Advisor

The project was supported by publications: