DDF offers investors an opportunity to participate in high growth digital assets such as domain names and crypto currency. The roots of the DDF go back to 2010, when DDF was incorporated as “Domain Developers Fund” in the Cayman Island. DDF holds over 1,350 premium domains such as Swords.com, Audits.com, Exhibitions.com or PR.uk. In 2017, the fund rebrands to “Digital Developers Fund” and raises funds via an ICO to expand its asset allocation.
- Project Type
- Platform Ethereum
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- Bitcoin Talk
Digital Developers Fund ICO DetailsMonkey Capital and Digital Developers Fund Announce Strategic Investment, Partnership
Monkey Capital, the blockchain hedge fund, today announced its strategic partnership with us.
Money Capital today took a significant investment in our ICO. At the same time, we have entered an agreement for Monkey Capital to acquire a further stake in DDF within 90 days after the end of the ICO. While this acquisition won’t affect token holders who invest in the ICO, it will significantly increase assets under management, allowing us to accelerate our profitable investment strategy.
DDF tokens represent a Proof-of-Membership in the Digital Developers Fund. They grant access to 50% of fund profits, distributed by an Ethereum smart contract.
A total of 247.5m DDF token are sold for 247,500 ETH (1,000 DDF = 1 ETH)Use of Proceeds
From the total proceeds, 15% will be used for operations (software development, human resources, legal, marketing), 15% will be stored in a reserve fund of at least 25% BTC, 25% ETH and max. 50% cash, and 70% will go into portfolio. Investor Presentation