DONCOIN (DCNX) Whitepaper 1
WHAT IS DONCOIN (DCNX)? Every Cryptocurrency that emerges is like a company which emerges to solve a pending world problem by proffering a lasting solution and raising funds through ICO to fund the project. Having this in mind, DONCOIN has carved out a meaningful purpose and a business model. DONCOIN (DCNX) has a specific purpose which is to fuel our job portal platform. Employers need to acquire our coin in order to be able to post projects and hire freelancers. All purchases and sales will be made using our coin. DONCOIN (DCNX) is simply a revolutionary way to bring the freelancing and cryptocurrency communities together. 2
CONNECTION VALUE OF DONCOIN (DCNX): DONCOIN (DCNX) is a Digital Currency whose money is electronically registered. This Currency is similar to the dollar and euro currency, but it only exists in the digital world. This concept is similar to Ethereum and does not differ from Ethereum because it runs and thrives, functions on the Ethereum (ERC20) platform. 3
HOW DOES DONCOIN (DCNX) OPERATE? FOCUS: Our focus is to create a world of opportunities that crosses the normal boundaries of ICOs. We believe everyone should be able to take advantage of the opportunities offered by the world of Cryptocurrency which involves solving problems. The main idea here is for DCNX coin to be used as the payment method for jobs/services inside our freelancing platform which in turn creates a natural demand for the DCNX coin. You don't need to be a venture capitalist or have a large amount of funds in order to be part of this project. The price of the tokens are accessible to anyone. 4
THE VALUE OF DONCOIN (DCNX) DONCOIN (DCNX) plans to make available only 200 million coins worldwide, akin the deflationary economic system, the increase in the money supply increases with the DONCOIN trend (DCNX), while the demand increases. The ICO process will allow the tokenholders to possess DONCOIN (DCNX) tokens. The Fund collected during ICO will allow the Hirefreelancerz team to expand the DONCOIN (DCNX) development project and further empower DONCOIN to organize the ICO process and manage tokenholders participation and complete the planned/proposed project for the freelancing and cryptocurrency community. 5
DONCOIN (DCNX) VISION 6
GOAL OF THE (DCNX) ICO Our goal is advertising DONCOIN (DCNX) ICO for the public, which aims to offer people the opportunity to venture into the e-money market, to hire, work and/or sell/buy coins. We understand the development of current and future payment instruments. Some countries such as China, Russia, Japan etc. and some multinational corporations are gradually adopting electronic payment instruments and electronic money in different fields of specialization. In addition to the presence of DONCOIN (DCNX), we believe that we can create a great opportunity and further development for the present and the future in terms of cryptocurrencies, businesses and freelancing. DONCOIN (DCNX) will help employers/individuals create a safe environment to hire and an internal exchange to trade coins (buying and selling of DCNX) by providing fraud detection solutions so as to prevent unwarranted charge backs as well as providing transaction details when a payment sent. DCNX COIN will carefully employ the services of a payment service provider that already has the necessary infrastructure which can provide effective and immediate solutions to these currency problems so that a merchant can easily bill a currency and credit their account in their local currency. 7
CORE FEATURES 1. JOB SEARCH FEATURE: You can browse our pool of jobs opportunity, from Web development to Legal, Social media,marketing etc the chances to win a job are unlimited. This platform is amazing as you get hired for whatever skill you possess. By using this search feature, you can get hundreds or thousands of jobs you can apply to. 2. HIRING EXPERTS FOR JOBS: Finding the right expert freelancer to work on your project is key to a successful implementation of your vision and ideas. Hirefreelancerz offers you this opportunity to pick the best freelancers for your projects, from web development to content writing(you name it), Hirefreelancerz.com is your one-stop shop for skilled freelancer. 3. WORK REMOTELY: Enjoy the freedom of freelancing! Manage your work from any location. Most of our clients are looking to hire freelancers online and build a relationship with them. This means you won't need to travel to a physical location to meet the client. Yes, you only need a computer and a connection to internet. 4. REMOTE PROJECT MANAGEMENT: Remember the days when you had to stay stuck, sitting on your office desk for endless hours in order to get the project of your dreams done? Well, no need to do that anymore. Hirefreelancerz.com allows you to manage your projects from any location in the world. Yes, you only need a computer and a connection to internet. 8
Core Features 5. INSTANT PAYMENTS: While we make our efforts to ensure that the client gets the job done, we also make sure the freelancer gets paid quickly once job is delivered. Freelancer can receive payment immediately upon acceptance by employer. It is as easy as making your customer happy, getting a good review and getting paid quickly. 6. PAYMENT FOR JOB DONE ONLY: Your hard earned money deserves to be well spent. Here on Hirefreelancerz you only pay when you are satisfied with the delivered work. The amount you deposited stays on hold until project is completed and you accept it. We also have a refund policy in place in case you ever need to get a refund. 9
TECHNOLOGY PLATFORM DONCOIN (DCNX) is developed on the Ethereum token ERC20 and DONCOIN (DCNX) running on an Ethereum blockchain. 10
WHAT IS ERC20? ERC20 is, simply put, a subset of Ethereum blockchain platform. ERC20 is a standard token code interface. It allows a fluid interaction with smart contracts and allows applications in the Ethereum blockchain. Therefore, DONCOIN (DCNX) will follow the standard functions of ERC20, but not holistically. Part of the function can allow external interactions according to the enabled DONCOIN (DCNX) functions. 11
P2P NETWORK (PEER TO PEER NETWORK) Instead of launching a centralized server model, P2P networks will work in groups of computers or distributed platforms, each acting as a file-sharing node in a group. When a P2P network is configured on the Internet, the central server can be used to index the file, or the distribution network can be configured to a location where files are distributed among the network users that host certain files. 12
SMART CONTRACT The main objective of a smart contract is to allow the two parties which are (A freelancer offering a skill/service and a Client who needs these skills/services) to work and transact on the internet without intermediaries. These Applications work exactly like programmers without having any downtime. The whole process of the smart contract is done automatically without intervention by the third party and also functions as multi- signature' accounts, so that funds are spent only when a required percentage of people agree. Transactions are displayed publicly but the users anonymity is still kept intact. 13
SAFETY DCNX Coin is not controlled by any organizations or governments. DCNX Coin uses blockchain technology and the database is continuously recorded and shared to all servers, so all information is impossible to be tampered or cheated. If someone wants to cheat, they must hack all the servers at the same time. 14
ICO RELEASE Total Supply: 200,000,000.00 Total Available for Sale: 140,000,000 DONCOIN (DCNX) tokens to be released after the official launch of our job platform. Token limit per buyer: 1,000,000 Minimum purchase: 1,000 tokens 15
TOKEN DISTRIBUTION The ICO token will be distributed as shown below; 10% of the total tokens will be allocated for Owners lockup 70% of the DCNX tokens will be available for sale 10% of the general tokens will be allocated to Marketing, campaigns, bonus and incentives 5% allocated to Team members and advisors 5% allocated for Social outreach and non-profit. 16
TOKEN DISTRIBUTION Sales 70% Owners Lockup 10% Marketing/Campaign 10% Team and advisory 5% Social outreach/non profit 5% STAGES OF TOKEN SALE Stage 1=$0.04 per token Stage 2=$0.06 per token Stage 3=$0.08 per token
BENEFITS FOR DCNX TOKEN HOLDERS There are several amazing benefits which are exclusive to DCNX token holders only which are carefully outlined below; As a DCNX tokenholder, you already have a platform where you can spend your coin, buy thousands of services available in our platform and pay with DCNX tokens. DCNX tokenholders are part of something good as part of the company profit will be used for social outreach and charity. By using our coin you will be helping others. Tokenholders would gain and enjoy profit from increase in price of DCNX coin. The price of our coin will naturally increase and mature as the coin would be used to pay for freelancing services on our platform and as a holder, you will profit immediately. We have a proprietary algorithm that rises the price of our coin internally based on the prices of mainstream coins such as bitcoin, ethereum and bitcoin cash. The company will also be implementing several strategies to increase demand for coin. We will also burn tokens in order to reduce supply and increase demand. Token holders can trade their coins with others members of our community. Our system will include a section where members can trade coins. 18
EARNING PROFIT VIA THE DCNX NETWORK DONCOIN (DCNX) is creating a reference module for solar modules that allows members to send them to other investors and earn investment income. Then, to earn profits, members will need to share and present their network using an affiliate link to as many investors as possible. Now, DCNX coin only provides the 2 nd level commission and stops at that level. As a result, DONCOIN (DCNX) will completely eliminate the liquidity problem and help investors feel safer on DONCOIN (DCNX) Platform. For Level 1 referrals, users will get a 6% referral bonus, For Level 2 referrals, users will get a 4% referral bonus only. No other levels are awarded referral bonuses for now. 19
DOINCOIN (DCNX) AFFILIATE SYSTEM Level 2 Level 1 4% 6% 20
2018 Roadmap 1 st Quarter ICO and platform During the first quarter we will focus on the ICO and continous development of our job portal. Also a huge focus on marketing. 2nd Quarter Production release. Our job platform will be available for the tokenholders and public with all the main core features available. 3rd Quarter Improvements and expansion During this period, we will focus on expanding the platform by improving and adding more features. We plan also take DCNX to external exchanges system during this period. 4th Quarter Annual review We will be performing constant analysis of strategies and investments made throughout the year, see the outcome and work on strategies for next year. 2019 Migration to blockchain We intend to migrate the whole platform to blockchain.
KEY PLAYERS IN OUR VAST TEAM Brigitte Soler Managing Director ECBC technologies Tech & Development team Antonio Rodrigues Economist And Advisor Quirina Hernandez Financial Analyst and Advisor
FAQ What is the purpose of DonCoin? It is our strong belief that any coin needs to be backed by a meaningful purpose and a business model. Our coin has a specific purpose which is to fuel our job portal platform. Employers need to acquire our coin in order to be able to post projects and hire freelancers. All purchases and sales will be made using our coin. Why is DCNX unique? Our coin is backed by a solid and ambitious business model translated into an amazing job portal that unites the freelancing and cryptocurrency communities in one place. It contain unique characteristics and specific purposes compared to other coins out there with no intrinsic value or actual purpose. How can I be sure that I will be able to sell or profit from my tokens? Once the ICO is over, no more coins will be sold. This means that all new users will need to buy coins from the current token holders in order to operate our website and buy services. That creates automatically a cycle of supply and demand among members. If you believe that the price of bitcoin and others mainstream coin will go up than you can be sure that our coin will also go up. We have a proprietary algorithm that rises the price of our coin internally based on the prices of bitcoin, ethereum and bitcoin cash, plus also the demand and supply has its weight on the price. Is there a maximum amount of token that I can buy? Yes, to ensure diversity and to prevent big investors from holding all the tokens, we decided to put a limit on the amount of token each user can buy. The maximum amount of tokens you can buy is 1,000,000 tokens. What is the benefit of buying or holding DCNX tokens? There are innumerous benefits but we can highlight some of the main benefits Let's say for example that you buy $10,000 worth of tokens during the first stage of the ICO. That would give you 250,000 tokens. By the time we finish the ICO, the price of each token will be $0.08 or more. That means you are already making profit just from holding the coins. From the $10,000 worth of DCNX coins, you turned it to $20,000. How exciting is that? A second benefit of holding our coins is that you already have a place to spend it. All transactions in our job portal platform is performed using our coin. You can use your coins to pay for services you need. Another benefit is that we will have an exchange modules where members can sell and buy token from each other which means you can easily sell your coins and exchange to other currencies such as bitcoin, ethereum and bitcoin cash, making immediate profit. Another benefit is that the price of our coin will naturally go up and mature over time, so token holders have the potential of making huge profits.
TECHNOLOGIES AND PARTNERS THAT MATTER
Thank you for finding time to read through our whitepaper for the DONCOIN ICO. Please visit our website https://hirefreelancerz.com for more information From the Caribbean with 25