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Fractional Dash Masternodes DMN

With the Fractional Dash Masternodes anyone can participate in Dash governance and receive block rewards.

Description

Dash Masternode Tokens (DMN) will be offered at an exchange rate of one DMN per Dash invested. A Dash Masternode will be deployed once the minimum of 1,000 Dash is allocated. DMN token holders will receive payouts quarterly in proportion to their holdings. Investors will be able to vote on Dash’s budget proposals through Swarm’s liquid democracy voting module.

One year after the initial deployment, we will hold a vote to decide on exiting. If the majority of votes determine to exit the investment, the Masternode will be disabled and investors will receive their initial Dash back. If no exit consensus is reached, the Masternode will run for another year.

The Swarm Foundation will setup the Masternode and perform the necessary updates in order to keep it running. The cost of running the Masternode will be deducted from the quarterly payouts.

General information

Main sale Ended
Until February 02, 2019
Issuance platform:
The platform implements the technical and legal part of the release of the STO.

Legal

Company name:
Swarm Foundation
Country of incorporation:
Company address:
Landstrasse 60, FL-9490 Vaduz, Liechtenstein
Founded date:
September 2017

Token details

Symbol:
DMN

Financial information

Accepts:
DASH
Minimum goal:
Minimum goal for total funds raised in an STO.
1,000 DASH
Fundraising goal:
Maximum goal for total funds raised in an STO.
1,000 DASH

Team members (1)

team
Alexander F. Lieders
Syndicate leader

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