About DeHedge
"DeHedge" will refrain from conducting a
Pre-Sale of project tokens to allow for additional protection of investors.
DeHedge will not be conducting a Pre-Sale of its project tokens in order to improve the legal basis of the project and protect investors around the world from any risks associated with violation of relevant laws.
To enable citizens of more countries to invest in the project and to comply with the regulatory requirements of the United States and the European Union in this regard, DeHedge announces the suspension of the Pre-Sale of its project tokens.
The CEO of DeHedge, Mikhail Chernov, stated that the cancellation of the Pre-Sale was expected due to the great interest in the organization from international investors, especially from the United States of America and Europe. In order for DeHedge to become a new type of ICO brand that fully complies with the legislation of all countries, where the circulation of cryptocurrencies is not prohibited, the legal team of the project has recommended the creation of a full Legal Opinion and the passage of the registration process of the firm to the United States with the receipt of Regulation "D", the opening of a brokerage account in the North American financial system and the conduct of the KYC procedure under the supervision of the Securities and Exchange Commission (US).
Mikhail Chernov assured the public that the company will continue to accept financing on special terms for the speedy release of the DeHedge investment product in the international legal field.
"Once again we want to double-check everything and ascertain ourselves in the opinion that everything is legal and there are no gaps in the legality of doing business in all legal systems. We want to protect our investors as much as possible, wherever they are. Investment security and zero appetite for risk are the pillars on which DeHedge is built. We are adamant in our thoroughness in all procedures and assessments, especially after we have published the Manifesto of a Respectable Startup, " - said Mikhail Chernov.
On November 29, 2017, DeHedge issued the Manifesto of a Respectable Startup, in which it highlighted the existence of a large number of fraudulent and unauthorized operations in the blockchain market. DeHedge has taken the initiative to clear the ICO market of unscrupulous entrepreneurs, offering blockchain opinion leaders to join the Manifesto.
On November 30, 2017, a press release was issued with an appeal to the global community and the media to pay serious attention to the Manifesto.
About DeHedge
DeHedge aims to create hedging tools for the cryptocurrency and ICO market.
Hedgers are provided with the opportunity to insure their investments against fluctuations in cryptocurrency and token prices. Reducing the risks also lowers the potential profits. In case of an insured event, an investor shall be reimbursed their investment less the insurance premium. The investor’s maximum loss will therefore be equal to the cost of the latter.
DeHedge supports two insurance strategies:
Hedging Initial Token Offerings
An investor getting an insurance coverage for the purchase price of project tokens pays the insurance premium to receive the right to sell the tokens at the same price later on. This works in the same way as a PUT option in a financial market, giving the option holder the right to sell an asset at a predetermined price. But, in case of DeHedge, the rights and obligations of the parties are different. Only DeHedge has the obligation to buy back a project token in case of an insured event. The token owner, on the other hand, has the right, but not an obligation, to exchange the token for the insurance premium.
Insurance coverage for primary token offerings is unlike any instrument on the financial market.
Hedging Publicly Traded Project Tokens
Hedging involves buying or selling a limited options contract on a crypto exchange.
An options contract (also known as option) is a derivative financial instrument that gives the buyer the right, and the seller the obligation, to buy/sell a certain asset at a predefined price later on. For this right, the buyer pays the so-called option premium. A DeHedge contract defines the insurance period and the range of prices for insured tokens. Similarly to ICO insurance, DeHedge has the obligation to buy back the token in case of an insured event.
Features
- DeHedge’s smart contracts are programmed to automatically pay out in full in case of a hedged event.
- The investor has the ability to track the volume of reserved compensation at any moment via blockchain technology.
- DeHedge evaluate ICO projects on the basis of big data using a unique scoring model.
- Only DeHedge has the obligation to buy back a project token in case of a hedged event.
- DeHedge offers hedging coverage for two types of projects: presale and sale projects, and projects the tokens of which are traded on crypto exchanges.
Technical Info
- Oracle is an agent that finds and verifies facts from the real world and logs them in the blockchain for further use by smart contracts.
- OWASP Secure Coding Practices, Solidity Documentation Security Considerations, and the Consensys Ethereum smart contract.
- OpenZeppelin library.
- The connection between the user’s browser and the DeHedge platform will be SSL-protected.
DeHedge Roadmap
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01.04.17 – 20.12.17
- Development of the scoring model
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Q2 / 2017
- — Formation of the Investment Research team and the Data Science department
— Start of the development of a scoring model
-
01.07.17 – 20.12.17
- Testing
-
RoadMap
- https://dehedge.com/#roadmap
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Q3 / 2017
- — Testing the scoring model
-
01.09.17 – 01.02.18
- Development of the ICO insurance platform
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Q4 / 2017
- — Development of a platform for hedging risks of investors in ICO projects
— Start of work of the investment committee (formation of a collegial expert investment committee)
-
01.02.17
- Launch of the beta version
-
Q1 / 2018
- — Launch of the Beta version of the platform
— Test hedging ICOs
— Launch of the investor's Personal Account within the framework of the DeHedge ICO
— Completion of registration procedures in accordance with US law (Regulation D) for the sale of tokens in the United States to American qualified investors
— Development of a platform for hedging tokens on the secondary market
— Private / Public Pre-Sale
— Establishment of partnerships with underwriting pools and liquidity providers
— Road Show
-
Q2 / 2017
- — Formation of the Investment Research team and the Data Science department
— Start of the development of a scoring model
-
01.03.18
- Launch of the platform
-
Q2 / 2018
- — Testing the platform for token hedging on the secondary market
— Calibration of the existing scoring model
— Road Show
— ICO Main Sale
— Obtaining the license for an operational company for the core business — financial services
— Launch of the hedging platform for tokens on the secondary market
— Formation of the secondary market risk management system
— Testing options desks on a real portfolio of market risk with the development of a strategy for dynamic DH risk hedging
— Building front-to-back business processes
— Launch of test analytical coverage of significant ICOs and events affecting the dynamics and cost of crypto assets (available to a limited number of subscribers)
— Building cross-cutting, front-to-back business processes to integrate investment research and scoring into the DH risk management system
— Formation of partnerships with mining pools
— Launch of underwriting and consulting services
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01.02.18 – 20.04.18
- Development of the platform for insurance quotes
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Q3 / 2018
- — Launch of the DeHedge research portal
— Launch of a product to hedge the risks of mining farmsbuyers from exchange rate fluctuations
— Completion of automation of front-to-back business processes
— Publication in the investor's Personal Account of the first pool of tools available for hedging with DHTs
— Launch of the platform Telegram chat-bot
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20.04.18 – 01.05.18
- Testing
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Q4 / 2018
- — Launch of hedging on alternative blockchains
— Start of development of AI for project scoring
— Launch of a mobile platform application
— Registration of additional legal entities in the DeHedge group of companies for operations scaling purposes
— Publication of periodic materials of investment research for a wide range of investors
-
Q3 / 2017
- — Testing the scoring model
-
01.05.18
- Launch
-
Q1 / 2019
- — Start of development of a derivatives trading website (based on the decision of the investment committee in case of a shortage of instruments and toolkits on the main platform necessary to meet the needs of platform users)
— AI scoring testing
-
01.05.18 – 01.07.18
- Development of the platform for insurance transactions on crypto exchanges
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Q2 / 2019
- — Launch of AI scoring
— Development of a Beta version of the derivative platform with full functionality for hedging positions
-
01.07.18 – 01.08.18
- Testing
-
Q3 / 2019
- — Launch of a derivative platform with full functionality for hedging positions
-
Q4 / 2017
- — Development of a platform for hedging risks of investors in ICO projects
— Start of work of the investment committee (formation of a collegial expert investment committee)
-
01.08.18
- Launch
-
01.06.18 – 01.09.18
- Development of the product for insurance the risks of mining farm buyers
-
01.09.18
- Launch
-
Q1 / 2018
- — Launch of the Beta version of the platform
— Test hedging ICOs
— Launch of the investor's Personal Account within the framework of the DeHedge ICO
— Completion of registration procedures in accordance with US law (Regulation D) for the sale of tokens in the United States to American qualified investors
— Development of a platform for hedging tokens on the secondary market
— Private / Public Pre-Sale
— Establishment of partnerships with underwriting pools and liquidity providers
— Road Show
-
01.09.18 – 01.11.18
- Development of the product for insurance mining hardware
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01.11.18
- Launch
-
01.08.18 – 01.11.18
- Development of the product for insurance crypto wallets
-
Q2 / 2018
- — Testing the platform for token hedging on the secondary market
— Calibration of the existing scoring model
— Road Show
— ICO Main Sale
— Obtaining the license for an operational company for the core business — financial services
— Launch of the hedging platform for tokens on the secondary market
— Formation of the secondary market risk management system
— Testing options desks on a real portfolio of market risk with the development of a strategy for dynamic DH risk hedging
— Building front-to-back business processes
— Launch of test analytical coverage of significant ICOs and events affecting the dynamics and cost of crypto assets (available to a limited number of subscribers)
— Building cross-cutting, front-to-back business processes to integrate investment research and scoring into the DH risk management system
— Formation of partnerships with mining pools
— Launch of underwriting and consulting services
-
01.11.18 – 01.01.19
- Testing
-
01.01.19
- Launch
-
Q3 / 2018
- — Launch of the DeHedge research portal
— Launch of a product to hedge the risks of mining farmsbuyers from exchange rate fluctuations
— Completion of automation of front-to-back business processes
— Publication in the investor's Personal Account of the first pool of tools available for hedging with DHTs
— Launch of the platform Telegram bot
-
Q4 / 2018
- — Launch of hedging on alternative blockchains
— Start of development of AI for project scoring
— Launch of a mobile platform application
— Registration of additional legal entities in the DeHedge group of companies for operations scaling purposes
— Publication of periodic materials of investment research for a wide range of investors
-
Q1 / 2019
- — Start of development of a derivatives trading website (based on the decision of the investment committee in case of a shortage of instruments and toolkits on the main platform necessary to meet the needs of platform users)
— AI scoring testing
-
Q2 / 2019
- — Launch of AI scoring
— Development of a Beta version of the derivative platform with full functionality for hedging positions
-
Q3 / 2019
- — Launch of a derivative platform with full functionality for hedging positions