Derivatives trading is a popular part of traditional markets, and DCORP is looking to bring that to the digital assets.
DCORP is autonomous, decentralized and democratic. An organization that exists on blockchain as a series of smart-contracts. DCORP manages its own token (DRP) and the Ether it holds. Anyone can join DCORP as shareholder or talented contributor, anonymously through their Ethereum account. The shareholders are the collective owners of DCORP and decide on the business financials. The Board of Directors manage DCORP on a day-to-day basis, are elected and publicly known. All voting behavior is stored on the blockchain and thus made public.
Talent is the key to successful projects and ventures. To attract and retain the best talent in the market, DCORP practices competitive compensation for their efforts and periodic retainment bonuses in Ether.
DCORP currently has a crowdsale of their token DRP, meaning that people can buy in and literally own part of this exchange where they will bring derivatives and options into cryptocurrency trading. Once this is well under way, they hope to potentially bring the blockchain to traditional investments as well. Here they would have traditional assets -such as stocks, commodities, fiat currenies, etc- all represented as tokens on the Ethereum Blockchain.
Investors stand to benefit by harnessing the power of derivatives. Traditional derivatives like futures and options will be available, which will allow investors to hedge and risk manage better.
Investors will also benefit from “futures with ascending stakes,” where they can allow trading parties to raise stakes incrementally as the contract approaches maturity. In order to achieve this incremental increase in stakes, the contract is divided into terms and at the end of each term contracting parties must increase their deposit by the required percentage. In the case of default, the defaulting party may lose their deposit.
This type of futures derivative allows for minimal impact on leverage positions. There is a white paper available for those who want to read more about the type of derivatives that will be made available on the exchange.
Check out their current promotional video and their upcoming one -that they are working currently- for those of you who prefer video and audio to text for learning and research.
More information on DCORP: https://www.dcorp.it/