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What is InvestDigital(IDT) ?
InvestDigital, a builder of global intelligence cryptocurrency investment ecology, is dedicated to creating a one-stop platform for cryptocurrency investment services with digital asset management protocol and toolsets on the EOS blockchain; providing the basic financial services for the rapidly expanding cryptocurrency market; building up a complete ecology from content/tools (investment discussions) to investment strategies (portfolios) to financial products (funds), making it a more efficient market; and helping to allocate the limited financial resources most efficiently to the investments that generate the greatest returns and thereby enhance the public welfare of the entire ecology.
The Use of IDT Token
InvestDigital will issue IDT (InvestDigital Token), a unified token, to stimulate and safeguard the healthy development of ecology and to facilitate the organic flow of multiple parties in the community. IDT is the local currency of the InvestDigital ecology based on the Ethereum ERC20 Token Standard, and it will be transferred to EOS after the launch of EOS main network. The scenarios of use are as follows:
- Algorithm trader: IDTs will be consumed for using InvestDigital's related data services and toolsets; launching funds at InvestDigital Marketplace; participating in community management, displaying and promoting their own strategies, and creating intimate group chat.
- Cryptocurrency Investors: Investors can use IDTs to obtain investor privileges on InvestDigital Marketplaces, such as product recommendations, research reports, private services, etc.
- Providers of data services and tools: IDTs as rewards will be issued to the data providers, toolset providers, and smart contract formal verification providers in the InvestDigital community to encourage them to provide high quality service.
- Cryptocurrency Fund Manager: The performance display and sales of cryptocurrency funds through InvestDigital Marketplace consume IDTs.
- Repurchasing and destruction strategy: The InvestDigital team will contribute 20% of the quarterly profit to repurchasing and destruction of IDTs until the total IDTs volume reduced to half, guaranteeing a reduction in IDT liquidity and a relative increase in value. The entire repurchasing and destruction process will be recorded on the blockchain, to ensure it is open and transparent.
The total supply of IDT is 0.8 billion tokens, and they are distributed by below proportion：
- Angel and cornerstone investors: 10%;
- Private sale: 45%;
- InvestDigital team: 25%;
- Business cooperation: 10%;
- Community building: 10%.
For more details please refer to InvestDigital Official Website