DeMars
DeMars (DMC)
More on ICO
Pre-Sale Nov. 15, 2018 - Dec. 15, 2018
Token Sale Unspecified - Unspecified
ICOMarks Rating 5.8 / 10
Whitelist/KYC Not needed
Token price 1 DMC = 0.001 EUR
Platform Hypercube

There are a number of companies trying to solve the underbanked and unbanked problem. All are building applications on legacy systems, which is why the majority of these ventures fail. We believe that in order to solve this and disrupt the incumbents you need to build new infrastructure or rails.

Which is why our company are building DéMars, a fully distributed, mobile phone "banking as a service platform". We have solved a number of the speed, scalability and liquidity issues plaguing blockchain technology, by focussing on reducing the messaging overhead (data) within the network and localising the consensus. We're building this network to foster financial inclusion, specifically in developing regions like Sub-Saharan Africa, which is where our project is based.

Note the network design is US patent pending.

December 2017

March Hare & Co Ltd established in Mauritius.

August 2018

Delivery of the Alpha Network and ABCI Testnet.

June 2019

Delivery of the Beta Mobile App and live rollout of the remittance solution

in South Africa and Zimbabwe.

January 2020

Smart contract implementation & 3rd party developer support.

June 2020

Additional language support and rollout to the rest of Africa and Europe.