Life is hardly uncomplicated. Sometimes you have a brilliant business idea but insufficient capital or expertise to turn it into a reality. There may be times when you wish you could join an innovative business project but lack funds to invest in it. Or you might be very talented in a certain area but not have an opportunity to make a name for yourself. Other times someone may desperately need your skills and knowledge but can’t afford to hire an expert such as yourself.
There are so many creative and innovative ideas and so many hurdles that prevent them from coming to life. This is where the Dogezer project comes into the picture: it aims to revolutionize the whole concept of startups, from concept creation and financing to redefining relations between project founders and their teams.
What does Dogezer do?
Dogezer (which sound like “together”) introduces a decentralized next-gen collaboration platform bringing people together for various projects, particularly software development. It is designed to become a marketplace where promising business initiatives meet talent and experts in the target area. Besides, it will integrate a host of useful features within one ecosystem - messaging apps and cloud storage similar to GitHub, Jira, Slack, Google Docs, Dropbox, and UpWork, which are necessary for teams working together.
However, Dogezer boasts the distinctive feature of having a transparent system for project financing and collaboration incentivizing. The platform will allow a founder to generate tokens equal to the amount needed by the project, but these tokens won’t be ‘for sale’, as is the case with typical ICOs.
Instead, the founders will be using these tokens to pay the team, including the developers, the managers, the sales staff and so on, and these payments will be open to auditing by third parties.
The team members can then further sell these tokens on secondary markets and cryptocurrency exchanges, and even then, the platform allows for investors to send their funds to a smart contract, which will represent the public interest in the project, and team members can sell their tokens to withdraw Ether from the investors’ fund.
This whole process represents a viable alternative to the traditional ICO concept because it eliminates the need for massive fund-raising (and possible misuse of funds) and goes for what the team calls “iterative investment” – an approach which saw support from Ethereum co-founder Vitalik Buterin.
Dogezer also revolutionizes the traditional idea of investment by making it possible for anyone to buy into a project by staking their time and labor. Thus, each team member becomes an investor and profits from the project by helping develop it.
Dogezer ITO details
The private whitelist sale of Dogezer’s ERC20-compliant tokens (DGZ) started on January 15, 2018 and ends on February 15, 13:00 UTC. The public ITO will then launch immediately and run until March 8. The total supply of DGZ tokens is limited to 100 million, with 98 million (98%) of them available for sale and distribution in the ITO. The project developers hope to reach a soft cap of $1 million, and all unsold tokens will be burned. If you are interested in this ITO, you can visit the official website or subscribe to the project’s updates on Twitter and Telegram.