Meet ICOs 2.0

Finally, a community-driven protocol to make ICOs worth investing in again.Join the new wave!

International Team
Supportive Advisers
Decentralized ICO
Fast Growing Community
No Private Sale
November 9, 2018Blockchain startup Cryptobuyer to run its token sale using the Daox ProtocolNovember 6, 2018TeraWATT, a renewable energy blockchain startup will be offering its tokens based on the Daox ProtocolOctober 31, 2018Blockchain based startup BurnCoin will sell part of its tokens using the Daox ProtocolOctober 24, 2018Transport & logistics startup CargoCoin will be offering its tokens based on the Daox ProtocolOctober 18, 2018Film & TV content creation startup, ephelants360 will be selling its tokens using the Daox ProtocolOctober 16, 2018Blockchain funds platform CoTrader to run its token sale using the Daox ProtocolOctober 15, 2018October AMA session with Daox Head of IR, Jane KolosOctober 12, 2018AgentMile, decentralized CRE leasing platform to sell its tokens using the Daox ProtocolOctober 11, 2018Ask me anything session with Daox Head of Investor Relations, Jane KolosOctober 8, 2018Decentralized advertising network Varanida to sell its VAD token using the Daox ProtocolOctober 4, 2018Yumerium will sell part of the tokens using the Daox ProtocolOctober 2, 2018Blockchain startup Depository Network is conducting its token sale using the Daox ProtocolSeptember 27, 2018Cryptocurrency Investment Fund CCI to run its token sales using the Daox ProtocolSeptember 24, 2018Ask me anything session with Daox project lead, Alexey KuvaitsevSeptember 22, 2018Mobu, a solution for launching compliant security tokens, will sell part of its tokens using the Daox ProtocolSeptember 20, 2018Blockchain focussed marketplace for work Hiway to run its token sale using the Daox ProtocolSeptember 19, 2018Daox news digest: new projects using the protocol and moreSeptember 17, 2018Uncloak, the blockchain powered cyber threat solution, will run its token sale using the Daox ProtocolSeptember 12, 2018Blockchain-based messaging and social app Vibeo to sell part of their tokens using the Daox ProtocolSeptember 11, 2018Blockchain-based MMO game “The Planet” to run its entire token sale using the Daox ProtocolSeptember 5, 2018Heads-up! Daox token sale is starting.August 31, 2018Daox latest update allows for using the protocol for ongoing token salesAugust 28, 2018Key features of Daox — the protocol for ICOs 2.0
Analytics LIVE
$0.15bn
Total funding target of projects that use the Daox Protocol
16,789,652 DXC
Tokens minted
699,488 DXC
dxc-in-use Created with Sketch.
Tokens in use
01
The Daox Protocol

A new standard for all kinds of token sales that allows investors and startups interact via decentralized autonomous organizations. This is the ICO 2.0.

Watch the film “Introducing Daox”Watch the film “Daox Protocol and DXC token”,01:31
Watch the video
02
How it Works

ICOs and crowdfunding campaigns are easily launched using the Daox Protocol.

Each campaign then forms an Ethereum-based decentralized autonomous organization featuring its own ERC20 token.

Each DAO holds the raised funds and is managed by the transparent voting of its token holders.

03
Meet projects that are already using the Daox Protocol, aiming to raise more than $150M.
04
Key features of the Daox Protocol
Stopping scams

The raised funds are stored in a separate DAO and could only be partially withdrawn based on proposals submitted by the startup team. These proposals are being approved or declined by the token holders. Thereby, the team is highly motivated, while scam token sales are eliminated.

Decentralized decision making

Each investor or startup team can initiate decentralized and transparent voting among the token holders. This helps in making key decisions and ensure that these decisions are supported by the community of token holders.

Guaranteed refund

The refund mode is the core functionality of the protocol. Startup token holders can vote for the return of remaining funds if they are unsatisfied with the way the project unfolds, or if the project turns out to be a scam.

New nature of tokens

Each token of every DAO created using the Daox Protocol is representing a part of the raised funds in the sense that it could be used to get the remaining funds back in case of a startup failure. This gives a support for the value of the token on its early-stages of development.

And many more

The governance structure and functionality of each DAO might be adjusted to the specific needs of a project. For example, authors could start a simple DAICO issuing utility tokens, or create an organization that will pay dividends, or offer equity-based tokens. Modules are developed by the third-party developers and are connected to DAOs via the DXC Token.

05
Use cases of the Daox Protocol
06
Why the Daox Protocol will Revolutionize Investing?

The Daox Protocol is a unified standard and a framework for deploying decentralized autonomous organizations aimed at conducting fair token sales (Fundraising DAOs). These DAOs play the role of advanced intermediaries between startups and their investors, combining the best practices of venture capital, ICOs, and crowdfunding.

Here is a comparison of Fundraising DAOs vs other forms of investing.

07
Why Switch to ICOs 2.0?
Old style ICOICO 2.0
Tokens are backed by raised funds
Token holders can get a refund
Anti-scam ICO structure
Project progress must be transparent
Startup team is highly motivated
Smart contracts are checked by the community
08
Daox Network

Daox Network is a platform for investing and raising funds based on the Daox Protocol and using the DXC token. It offers features such as PnL, business modeling, conducting fundraising, voting, communications btween startup teams and investors and more. Startups can build their DAOs, with their own ERC20 tokens and start ICOs 2.0 in a matter of minutes.

09
Daox is Solving Major Token Sale Problems
Scams

The easiness of launching an ICO and high level of anonymity in crypto is making a lot of space for scams.

Token holders of the project can vote for the return of the remaining funds if the project turns out to be a scam.

Low motivated founders

When the startup team receives the total amount of funding at once, their motivation decreases dramatically.

The startup team is highly motivated to succeed to keep getting financing for their project.

Value of tokens

Tokens of early-stage startups are not backed by any assets other than the team’s obligations.

Tokens are backed by the raised funds that reside in a DAO, as token holders can get a refund.

Misuse of funds

Investors can’t see the purposes of expenditures. This opens a lot of space for misuse of funds.

The startup team has to submit proposals indicating the purposes of withdrawal.

Frequent failures

Experts expect that 97% of all ICO startups will fail within the next few years. In 2018, only 1 out of 5 projects makes it to exchanges.

Due to many improvements in the way token sales are conducted, it is expected that the success ratio will be at least 4x higher.

Lack of transparency

Because of the lack of a unified standard for token sales, investors cannot verify how tokens are distributed.

With a unified standard token sale contributors can easily see how many tokens are distributed in exchange for crypto and what discounts are given.

Highly competitive environment

There are thousands of ICOs and founders has to have big marketing budget to stand out.

Since the risks for investors are lower, it is easier to attract sufficient attention even without marketing spendings.

Complexity of technology

Each startup has to either resort to expensive third-party token sale solutions, or spend time and resources to make their own.

Daox Protocol is an open source and zero commission framework that doesn’t even require any special knowledge to run an ICO.

Hacker attacks

Every noticeable token sale attracts a lot of attention of hackers looking to steal the raised crypto.

All the raised funds reside in a DAO that is being managed by the transparent voting of token holders.

Inefficient ICO marketing

Each startup has to resort to hundreds of different services, not being able to assess the effectiveness of each of them.

Each startup becomes part of the ecosystem which allows access to solutions and services using the DXC token.

Excessive time input

Instead of working on the product, the whole startup team spends about 6 months to conduct a token sale.

With the ready-made solution and the whole ecosystem of services and tools, token sales are made easy.

10
Daox Architecture
Fundraising DAOs

Independent fundraising organizations that reside on the Ethereum blockchain, created using the Daox Factory.

Daox Factory

A modular Solidity framework on the Ethereum blockchain that enables Fundraising DAOs to be easily deployed.

Daox Platform

A user-friendly interface for the interaction with Fundraising DAOs and Daox Ecosystem.

Daox Open API

A protocol that enables third-party services to be integrated with the Daox Ecosystem and DXC Token.

DXC Token

An ERC20 Token that enables functionality and deployment of Fundraising DAOs.

Services and Tools

Third-party services and tools that are integrated via Daox Open API.

11
DXC is the Token for ICOs 2.0

DXC is the ERC20 utility token for the Daox Protocol, and the Daox Network. It is used to participate in projects that raise funds in the Daox ecosystem.

How DXC works

Other Uses of DXC

Functional Part of the Daox Protocol

Each Fundraising DAO could only be deployed by using DXCs that will form the initial account. This account is used to set variables and to connect functional modules or services that are introduced by third-party developers. This is how the growing community of developers is incentivised to contribute code to the Daox Protocol in a completely decentralized way.

Daox Marketplace for ICOs and Investors

There is a marketplace of services and tools that are integrated via the Daox Open API and DXC token. Imagine hundreds of services for startups and investors that are easily accessible in a few clicks and also transparently rated by the community. For instance, a project can apply for rating report, or media publishing, or bounty campaign, or start banner advertising, right from the Daox Platform interface. An example of such service is bounty.daox.org

Daox Platform and Wallet App

The DXC token is used to get access to the services provided on the Daox Platform. Although the Daox Platform does not charge any commission from the startups or investors, it offers different promotional services, such as, featuring projects, targeted ads, email lists, dedicated support, etc. Besides that, the DXC token is the main token of the Daox Wallet app that is aimed at taking “cryptofunding” mainstream.

Early Participation in ICOs 2.0

The DXC token is the only token that is used to participate in the Initial Tokensale Stage of Fundraising DAOs. The funds raised during this stage are held on a separate account and are accessible for the project team instantly and without withdrawal requests. However, these funds could only be transferred to the integrated service providers that are integrated via Daox Open API. Thus, the majority of Fundraising DAOs will run DXC-presale stage to fund their ICO campaigns. Consequently, DXC token holders will get the priority access to the ICOs based on the Daox Protocol.

12
DXC is like a gas to run cryptofunding campaigns

Average ICO or crowdfunding project is spending 10% of its fundraising target for marketing and other services. Since the funds in a DAO are locked, the DXC is used to get access to such services for Fundraising DAOs.

The capital raised via ICOs and crowdfunding is expected to hit $110 billion in 2019.

13
Why the DXC Token is Different
  1. It’s an ICO 2.0 token so its value is backed by the raised funds which remain at the discretion of the token holders.
  2. DXC token holders can vote for the refund if they are unsatisfied with the results of Daox.
  3. It’s the first token with a fully transparent distribution and discounts. You won’t be at a disadvantage because someone secretly got a “whale bonus”.
  4. DXC is a functional part of the community-driven protocol which is decentralized, therefore it will live independently of Daox.
  5. And it indeed has a strong economy (not “the payment for platform services”)!
14
Token Sale Details

Token saleAugust — October
Token price0.00108 ETH
Soft Cap3,000 ETH
Hard Cap20,000 ETH
Total supply150M DXC
Delivery dateImmediately after purchase
15
Token Distribution Structure
16
Use of Proceeds
40%
Development
25%
Marketing and user acquisition
10%
Legal support
10%
Events
10%
Staff and other company expenses
5%
Reserve Fund
17
Roadmap
May 2017
Research and planning of Daox
June 2017
The Daox Proof of Concept
September 2017
Start of the development of the Daox Platform
October 2017
Alpha version of the Daox Platform
December 2017
Beta version of Daox DApp on the Ethereum blockchain
March 2018
Release of the Daox Platform
May 2018
Release of the Daox DApp
May 2018
The first token sale is launched on the platform
June 2018
Opening the DXC token presale
July 2018
Launch of the Bounty Service for ICOs
August 2018
Solution to use the Daox Protocol in ongoing ICOs
September 2018
Launch of the Integrated Affiliate Network
September 2018
Public sale of the DXC token
October 2018
Launch of the Know Your Client service on the Daox Network
October 2018
Launch of the Daox Open API
October 2018
First token sales using the Daox Protocol
November 2018
First token sales to accept DXC token
December 2018
Daox Network update: business modeling for projects
December 2018
Launch of the Fundraising Services Network
January 2019
Only DXC is accepted on the Daox Network
February 2019
Development of Daox Ecosystem for nextgen investing
February 2019
Launch of the AI-powered legal assistant for token sales
March 2019
Beta launch of the Daox Wallet app
April 2019
Start of the yearly Daox hackathon series
September 2019
Launch of the Daox Accelerator
Q1 2020
Release of the Daox Wallet app
Q1 2020
Launch of the DAO for the Protocol governance
18
Team and Advisers
Alex Kuvaytsev
Project Lead

Startup entrepreneur with more than 10-years experience. Background in IT business, management and consulting different projects. Keen on innovation, blockchain and fintech. Master’s degree in financial management. MBA from Hult International Business School, San-Francisco, CA.

Jordan Pool
Media Director

Jordan brings a lengthy background in live television, digital media production and creative marketing to the team. He understands the importance of digital media marketing and is excited to creatively communicate the value and vision of Daox to the world.

Alex Shevlyakov
Product Lead

More than 12 years of experience in developing tech products. Formerly a product lead for dozens of products each with excellent quality. Passionate about perfect design and usability. Master’s degree in computer science.

Enju Lu (呂恩汝)
Asian Markets PR

More than 7 years of experience in sales at an international marketing and trading company. Master’s degree in journalism. Specialist in Public Relation, Linguistics, International Marketing.

Anton Vityazev
Tech Lead

More than 5 years in web development. High-load and complex systems architect. Blockchain expert. Master's degree in cybersecurity.

Kirill Bulgakov
Smart Contracts Developer

Backend and smart contracts developer, inspired by dApps and blockchain technology. Natural language processing researcher and ML developer in the past.

Kevin Kimick
Marketing Strategist

Serial entrepreneur, growth marketer and digital strategist. CEO and co-founder of SOHO Digital — a company that builds custom software (including blockchain development), designs & builds premium websites, strategizes growth marketing plans, and provides marketing analytics and automation services. Bachelor’s degree in business administration and management from Baruch College, City University of New York (CUNY).

Artyom Molchanov
Data Scientist / AI Researcher

Artyom's background is Data Science and AI research. He has developed various AI-based solutions for Russia's largest bank, Sberbank. Artyom will be a tech lead for data related technologies in Daox. He has a Bachelor's degree in Computer Software Engineering.

Oleg Adamov
Mobile Developer

Experienced mobile engineer. With more than 10 years in programming. Participated in the development of a product with a multi-million user base. Mathematics degree.

Gleb Plotnikov
UI/UX Designer

Founder of Yutani (a Belarus-based design firm). More than 10-years experience in design and UX. Have developed UI/UX for hundreds of amazing projects, including well-known brands.

Nina Mikhailenko
Community Manager

Work experience as a project coordinator, community manager and translator at different conferences and workshops. Master’s Degree in Linguistics, study program in the University of Tromsø, Fulbright program in the USA.

Natalie Dudkina
Key Partnership Manager

Over 10 years experience in development of the work streams with KEY customers and clients in various economic domains. Negotiation of cooperation and contract terms with compliance of the company’s policy, ethics and interests. Three degrees: Management, Economist, Philologist.

Jane Kolos
Head of Investor Relations

Valid field of experience in finance. Up to 10 year practice working closely with small and medium business in terms of the whole process of crediting in commercial banks. Master’s degrees in management and finance.

Elena Novozhilova
Key Partnership Manager

During the last 8 years, Elena held executive positions in e-commerce and advertising companies worldwide. Elena is responsible for partnership development and business event management at Daox. Master's degree in management.

Oleg Gaidul
Founder

Serial entrepreneur and investor. Founder of Spacemind Capital, EnventVR, AD1, and other successful startups with a yearly turnover of more than $50M. Tech visionary and a fan of decentralization. Besides of more than 12 years of managing experience, he is also a tech guy and a former software developer. Master’s degree in management.

Keith Teare
Adviser

Executive Chair at Accelerated Digital Ventures. A leading figure past and present in many important companies including Archimedes Labs, Minds and Machines Inc, MedCo, EasyNet and RealNames to name just a small few, Keith is also one of the co-founders of Techcrunch.

George Kimionis
Adviser

Serial entrepreneur and investor with multiple founded companies and multiple exits. More than 15 years of working experience in Fintech and Banking. CEO of Coinomi, the industry's leading multi-asset wallet with native support for more than 500 assets and millions of users. CEO of Cryptean. Crypto-currencies enthusiast. Special Forces Veteran. Strong technical background. Early adopter and contributor in Bitcoin and other open source projects.

Andrea Brignone
Adviser

Andrea has a vast experience in financial markets and cyber security. He is an author of almost 200 articles on finance and computer science. During his career, Andrea co-founded noticeable companies and cometees: European Financial Marketing Association (EFMA), Milipol, Protexarms Group. He is also a former chairman of Special Interest Group for Information Security of the European Community.

Kyle Asman
Adviser

Kyle has extensive experience helping clients raise capital in the finance, banking, regulatory consulting space, and most recently, developed complex international tax structures in the tax advisory space. Kyle has held investment banking regulatory consulting and transfer pricing roles at Liquidity Energy, Duff and Phelps, and Ryan LLC, a global tax firm. He is also a VC investor in multiple startups and co-founder of Bx3 Consulting.

Mihai Milea
Adviser

Over 10 years of experience in global Forex & CFD brokerages, holding various strategic positions in Technology and Digital Marketing. Directly involved in the delivery of innovative projects within the brokerage space and achieving a positive ROI. Expert in mining cryptocurrencies and an avid crypto investor. Msc in Cyber Security.

Dr. Walter Tonetto
Adviser

Technopreneur and ASEAN expert. Visiting Professor for the Univ of Tokyo & Waseda. Co-Founder of Indoblockchain.id. Network of Captains of Industry in Indonesia and SE Asia. President SE Asia of Finteix Pte. Singapore. Chief Strategist for Indigen. Advisor to the CCEG, The University of Northampton. Co-Founder of Snapfood.

Daox White Paper

The document thoroughly describes all the elements of the Daox, the concept of the ecosystem, design solutions, the project’s current state, rationale behind the utilized technologies and source code review.

Download White PaperEnglish, 4.9 MB
20
Our Partners
21
Market Analysis

In the year 2017, the volume of venture capital investment in Europe, Canada, China, India, Israel, Japan and the USA amounted approximately to 161 billion US dollars. The crowdfunding market is estimated at $50 billion (excluding p2p lending). Around $6.7 billion was raised by means of ICOs.

Venture capital investment market according to Dow Jones
Crowdfunding market according to TechNavio excluding p2p lending
Forecast for the ICO market in 2018

ICOs are notable for the biggest rate of growth: in comparison with the year 2016, the amount of funds raised by means of this tool has increased twenty-fold. What is more, 2018 is expected to see almost three-fold growth.

22
Press and News
23
Meet Us
Join Our Community

We believe that transparency is the best policy, that is why we are happy to discuss ideas and share Daox stories across all the major social networks. Join our community, we promise not to be boring.

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25
Frequently Asked Questions
What projects can raise funds using Daox Protocol?

There are no limitations on using the Daox Protocol or the Daox Platform.

How do I know the funds are safe in a Fundraising DAO?

First of all, each genuine Fundraising DAO is completely independent and resides on the Ethereum blockchain. Secondly, neither the team of Daox developers nor any third parties have access to the collected funds that are stored in DAOs. Thirdly, the source code of Fundraising DAO is open and supported by the community.

Why do you need blockchain in your project?

The concept of a decentralized autonomous organization, which we believe is the most efficient and fair way for open blockchain based investing, is only applicable using blockchain technology. Blockchain is also needed to allow the use of cryptocurrencies. There is also a detailed explanation of how we use blockchain and why do we need it in our white paper (c. 2.1).

Why do you need your own DXC token? Why can’t you use Ether instead?

DXC is fueling the economy around Fundraising DAO protocol and in the Daox Ecosystem. The token is needed to allow for the establishment of DAOs, and interactions in the ecosystem as it provides necessary functionality that can’t be implemented using Ether (e.g. funds commitment).

When will the DXC token be listed on exchanges?

The DXC token is ERC20 compatible, therefore it could be listed on many exchanges. The actual dates of such events will be announced across all our social networks.

What will happen with the unsold DXC tokens?

All the unsold DXC tokens will be burnt.

Is it possible to return the funds if Daox fails?

The main sale stage of the DXC tokensale will be conductied in accordance with the same principles that are proposed by Daox. Therefore, every token holder will be able submit a proposal for activating the refund mode. If this proposal will be approved by 90% of the sold tokens or no withdrawals will be approved in a course of 3 months, the Fundraising DAO of Daox will switch to the refund mode, and token holders will get back the remaining funds.

Where is your company based?

Our company is being incorporated in Dubai. But we also have offices in Spain and Russia.

Limited Pre-ICO

DXC is a utility token that enables all the interactions in the Daox ecosystem and on the Daox Platform.

Apply for the guaranteed access to the limited pre-ICO stage by submitting the following details:

1 DXC = 0.20 USD
0USD,  0ETH
Thank You

We will notify you when the presale starts.

Fundraising DAO for DAICO

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Fundraising DAO for Securities

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Fundraising DAO for Equity-based Investing

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Using fundraising DAO in an exiting ICO

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