Darcrus, a project that focuses on disrupting the way businesses store, manage, verify, and recover their information by providing software and consultancy solutions to leverage the advantages of blockchain technology, has recently launched a crowdfunding campaign . The event takes the form of an Initial Coin Offering period, in which investors can exchange Bitcoin for Darcrus tokens (DAR). During the first days of this event, the Darcrus Project has managed to gather 463 bitcoins, which are being held in escrow on the Coinbase Vault that requires two out of the three escrow key holders to authorize any outgoing transaction.
The Darcrus token is a crypto asset that will provide its holders with a buyback program. This program will allow Darcrus to direct a portion of funds generated from direct software sales and consultancy services to the purchase of DAR tokens from the order books of major exchanges. These tokens will be burnt. Furthermore, the buyback program will also be partially funded by the SIGFARM mining operation.
The first of these disruptive projects is called dAppsheet, an easy to use application that allows companies to make robust copies of their databases wherever a dAppsheet node is running, creating a decentralized and verifiable database that is far more reliable than the current alternatives. The nodes will act as disaster recovery center, ensuring that no information is ever lost and that information is always accessible. Few companies are already showing interest in the dAppsheet application.
Although the full release of dAppsheet is to be launched on May, 2017, Steven Grove, the founder of the Darcrus project has started working on the first dAppsheet prototype which is expected to be released before the end of ICO along with the first updates on the Graphic User Interface (GUI) which will be unveiled for the first time next week.
To learn more the dAppsheet application and Darcrus, you can check out the first version of the whitepaper or read the F.A.Q page, created to answer any question that may linger after reading the documentation.
The Darcrus Initial Coin Offering period will continue until December 11th. Early investors can take advantage of the current 25% bonus in order to purchase DAR tokens. This bonus will last until the November 27th and next 15% bonus will be available.
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