"The decentralized voting
scheme is particularly clever"
John C. Edmunds
PhD Harvard, Finance Professor
We have implemented and are operating a purely decentralized application as a Smart Contract Architecture, that operates on the Ethereum Virtual Machine as a (global) primary and secondary Startups Tokens market place.
Blockchain decentralized executions and confirmations provide part of the solution, lowering costs of intermediation and record-keeping, but the main benefits are lost if a trusted third party is still required to screen Startups in order to gain access to an auction process and issue their tokens in the crowdfunding market.
We propose a solution to the screening centralized problem by using a Dapp Token (
To be published and attract voters, a Startup creates a Voting Smart Contract and provides it with some amount of
This amount of
The Smart Contract Architecture use GODZ to enable voting, issuance, distribution and control of the Tokens in a formalized and standardized manner. It minimizes costs and speeds up execution, while being fully recorded in the Ethereum Blockchain with 100% trace-ability.
A purely decentralized Smart Contract Architecture that operates on the Ethereum Virtual Machine as a (global) primary and secondary Startups Tokens market place.
Why the Godzillion Dapp:
In the first stage, the Dapp will be activated only for transfers. Once the GODZ have been created, all the functions of the Dapp will be activated