DeCus x New Ventures IDO Announcement

DeCus.io
3 min readApr 21, 2021

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We are pleased to announce that DeCus will be working with New Ventures to launch the DeCus IDO at 9am UTC on April 25, 2021 on the Newv.io platform.

There will be 4 IDO rounds in total, with the three other rounds to be conducted on DODO, WeStarter and Bounce.finance at the same price. Be ready to invest once the gates open!

About DeCus

DeCus is a decentralized cross-chain protocol, which creates tokenized bitcoins that is fully decentralized and uses extremely low collateralization rate, much lower than any of its competitors. Our system allows BTC assets to access the DeFi world more easily, more efficiently, and more securely. The DeCus team is composed of top scholars in their field from top universities, and information on the core team is fully public. The first pegged token from DeCus will be eBTC on Ethereum network, but the potential for expansion of the protocol is massive as DeCus will also expand the concept into other chains, such as BSC, HECO, Conflux, etc., using the same secure and efficient mechanism.

IDO detail

  • IDO access: Whitelist & FCFS & Unlimited Pool
  • Token Name: DCS
  • Start Time: 9am UTC on April 25, 2021
  • End Time: 10:30am UTC on April 25, 2021
  • Total Raise: $240,000 in BUSD
  • Total Tokens for Sale: 4,000,000 DCS
  • Price Per Token: $0.06 per DCS
  • Tokens Accepted: BUSD
  • Subscription Mechanism: Whitelist & FCFS & Unlimited Pool
  • Institutional Investors: SevenX, FBG, Puzzle Ventures, DODO, dForce Labs, Conflux, Parallel Ventures, YBB Foundation, Mask Network, etc.
  • Token Release: Released on July 25 (20%), then 10% in each of the next 8 months

DCS Token Distribution

DCS Total Token Supply of 1,000,000,000

  • Participant Incentives — 45%
  • DAO Community/Infrastructure — 15%
  • Early Investors — 18%
  • Core team — 15 %
  • Auction & Bootstrap — 7%

There will initially be a very small supply of tokens in circulation since most tokens held by early investors and institutional investors are locked according to the schedule in the Whitepaper, and most reward tokens are to be released later as well.

DeCus IDO Rules

NEWW Staking Pool Sale:

Duration: 9:00 AM to 9:30 AM UTC April 25

  • The total allocation for NEWW Staking Pool is $100,000
  • Stake at least 1,000 NEWW to share NEWW Staking Pool allocation proportionally (Open on April 23)

FCFS:

Duration: 9:30 AM to 10:00 AM UTC April 25

  • If the Whitelist is not full, the remaining spots will be open to FCFS for 30 minutes.

Unlimited Sale:

Duration: 10:00 AM to 10:30 AM UTC April 25

  • The total allocation for unlimited sale is $140,000
  • You don’t need to stake NEWW to be qualified

Vesting Rules:

Released on July 25 (20%), then 10% in each of the next 8 months.

For more detailed information, please visit the New Ventures website and join the telegram group of New Ventures for the most recent updates.

Special Notice:

IDO is prohibited for users in mainland China and the United States

About New Ventures

The first IDO to be conducted with New Ventures will be DeCus. Buckle up!

New Ventures is the Next Generation Launchpad — just like a sports car with a super fast engine, ready to take new projects from 0 to 60 in record time!

New Ventures provides a standardized format for project teams or individuals to launch their projects and have their tokens reach a wide range of users and investors, without the need for a lot of expert knowledge. This is achieved by:

-Low entry barriers for average investors; no nationality restrictions

-Rug-pull protection to provide peace of mind to investors

-Decentralized vetting by the community through our governance model

-Automated post-raise activities (vesting, distribution, liquidity locking, etc)

-Least expensive and fastest token launchpad in the industry today.

New Ventures makes running projects and investing in projects simple and easy, with our web portal with customization options to make token sales easier to access by all.

SCAMMER ALERT

We suggest that all users join our official telegram group and treat it as the only OFFICIAL communication group: https://t.me/decus_official

Beware of scammers. Follow the information from our official group and channel and ignore any private messages that you may receive. NO ONE from the team will contact you privately about DeCus.

Stay Tuned:

DeCus

Website: decus.io

Twitter | Telegram Group | Telegram Channel | Github | Medium

Newv Ventures

Website | Twitter | Telegram Group | Telegram Channel | Github | Medium

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DeCus.io

DeCus is a cross-chain custody system dedicated to bringing Bitcoin to the DeFi ecosystem.