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DeMars

DMC Stellar Wallet & Anchors

Our objective is to make it possible to send less than $10 back home, at a cost of no more than 1%, in real time. Cross border payments between, too and from, countries on the African continent are the most expensive in the world. More people migrate within the African continent than from it. Often they don't have enough money to send home as they can't meet the minimum payment thresholds and fees set by money transfer operators. DéMars are solving this problem by building a network of Stellar anchors (issuing fiat collateralised stable coins) and simple, easy to use, Stellar wallet applications. Thereby enabling migrants to instantly send home cents. Because this money may be the difference between a family having a meal or not. We're currently rolling out the network in South Africa and Zimbabwe, with a vision of connecting and integrating the entire African continent. From Cape Town to Cairo. Those with less deserve more.

3.5
3 2 expert ratings
Benchy 2.9
KYC
Experts
4.0
5.0
4.0
Review: coming soon PRO
Ended
2018-11-15 - 2019-02-28
38 days 4 hours left
2019-05-15 - 2019-06-30
Token
DMC
Type
PreICO Price
1 DMC = 0.8 XLM
Price
1 DMC = 1 XLM
Bonus
Available
MVP/Prototype
Platform
Accepting
XLM, BTC, ETH, ZAR
Minimum investment
None
Country
Whitelist/KYC
KYC
Restricted areas
USA, China
Visit ICO website
Report
Changelly

About DeMars

DéMars Coins (DMC)

DéMars coins are digital assets, issued on the Stellar network and tradable on the Stellar Decentralised Exchange (DEX). 

Only 200 Million DMC will ever be issued, with 100 Million of these being sold in the ICO.

Utility

DMC are a reward token. Users of DéMars Anchors may earn up to 50%* of their Anchor fees back in DMC. Those fees incurred when they withdraw and deposit fiat cash.

Because every cent counts.

DMC may be redeemed at any merchants accepting DéMars stablecoins, e.g. South African Rand (ZAR)

Use of the Proceeds 

Eighty percent of the proceeds ($8 Million) will be deposited in the collateral account. Were it will be utilised to purchase a basket of basic commodities. The underlying physical commodity ETFs will be held in a regulated broker nominee account, the balance of which will be made public on our website and independently audited each year. 

Twenty percent of the proceeds ($2 Million) is to be deposited in the Anchor regulatory capital and application development account. These funds will be used as regulatory capital for the various licenses we require and will contribute towards the development of our Stellar wallet applications and the integration of our Anchors with regulated “pay-in” and “pay-out” partners. Banks, mobile money companies and merchant processing companies, to name but a few.

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ICO KYC Report
2 members invited
Arun Raj
Passed
Shaun Burrow
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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