Solaxy is the next evolution in Layer 2 technology; It doesn’t just build on Solana—it unlocks...

Bitcoin is the best-performing asset in history with an AAR of 230% – up more than 200 million...

DEPOSITORY NETWORK

Last Update

Jul 17, 2018

The depository network is the infrastructure necessary for modern lending. It reveals the true potential of digital assets, allowing traditional creditors to take blocking assets as collateral for loans.

Our solution unlocks the financial value of billions of US dollars only in the crypto currency and allows more than 30,000 creditors and 17,500 banks around the world.

Get on the list to receive more information on the development of the DEPO project and be among the first to receive DEPO tokens.

Jun 26, 2018

Dec 15, 2018

100% completed

$500 000

8.1 K

hard cap

cap

19% cap completed

2 600 000.00 USD

15 000 000.00 USD

past

1 DEPO

=

0.02 USD

Token Details

Ticker

DEPO

Accepted Currencies

ETH, BTC, LTC, BCN, BTG

Company Details

Registered Country

Estonia

Additional Details

MVP/Prototype

Yes

Platform

Etherium

KYC

Yes

Categories

Platform

About DEPOSITORY NETWORK

Depository Network is a high-tech infrastructure enabling lenders worldwide to accept digital assets as collateral.

Any lender can use DEPO infrastructure to build custom depository platform and accept different types of digital assets as collateral.
Holders of digital assets retain ownership for the entire loan period.
The terms for the collateral contracts are deﬁned by every lender individually.

.

DEPOSITORY NETWORK Roadmap

2017

Concept Definition.

2018 Q1-Q2

Team Formation, Preparations.

2018 June

First Prototype DEPO.

2018 Q3/Q4

Private and Public Pre-sale, ICO.

Read More

2018 Q3

Alpha Release DEPO.

2018 Q4

Beta Release DEPO.

2019 Q1

Official Launch of DEPO.

2019 Q4

Users: 10 P2P lending platforms and 50 non-bank lending institutions.

2022

Users: 50 P2P lending platfirms, 100 banks and 500 non-bank lending platforms.

2025

Users: 800 banks and 1500 non-bank lending institutions.

DEPOSITORY NETWORK Team

Verified 78%

Attention. There is a risk that unverified members are not actually members of the team

Svetoslav Dimitrov

CEO & Co-Founder

verified

Dimitar Kostov

echnology Board Member and Investor

verified

3 ICO

$12 260 134

Martin Kuvandjiev

Technology Board Member

verified

Delyan Nikolov

Co-Founder & Chief Strategy Officer

verified

Guergana Stoichkova

COO

verified

George Spassov

Blockchain Architect

Valeri Valtchev

Co-Founder & Business Development

verified

2 ICO

$500 000

Petar Markov

Co-Founder & Marketing

verified

2 ICO

$500 000

Nick Todorov

Blockchain Developer

Advisors

Verified 70%

Attention. There is a risk that unverified members are not actually members of the team

Ivo Gueorguiev

Advisor

verified

Jos Uitdehaag

Advisor

45 ICOs

$82 254 183

Jason Hung

Advisor

unverified

Waqas Khan

Advisor

Filip Lyapov

Advisor

verified

Kapil Sharma

Advisor

verified

2 ICO

$36 150 000

Hans Choi

Advisor

verified

33 ICOs

$47 070 299

Giovanni Casagrande

Advisor

verified

Dimitar Ivanov

Advisor

verified

Konstantin Djelebov

Advisor

verified

DEPOSITORY NETWORK Interviews

Svetoslav Dimitrov

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

My experience in the legal industry, especially in the area of IT, TMT and FinTech allows me to see different possibilities now based on the block chain technologies. Depository Network is exactly the infrastructure using the fundament of the Law to enable traditional lenders to use the advantages of the digital assets and thus bringing this business in the modern age.

Dimitar Kostov

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

Co-founder and technology board member. We are decentralizing the lending and introducing the B2B platform that will extend the reach of your crypto assets while keeping them yours.

Martin Kuvandjiev

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

I am a technology board member of Depository. I have vast experience in cryptocurrencies and blockchain projects.

Delyan Nikolov

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

Depository Network is the world`s rst multi-platform network enable lenders (P2P lending marketplaces, banks, other credit institutions) to accept digital assets as collateral.

Guergana Stoichkova

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

Depository Network builds the necessary infrastructure to integrate blockchain solutions within the traditional world, thus spreading the use of digital assets and cryptocurrencies.

Valeri Valtchev

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

My main contribution is on how to build the business and how to grow it. I have been doing this for other businesses across 9 sectors in the last 15 years.

Petar Markov

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

Its a great team and amazing idea and I am thrilled to be part of it. As a Chief Marketing Officer (CMO) I am responsible for the marketing of the company. I trully believe that Depository Network will be a successful project that will open new oppotunities for big and small crypto holders and lenders to enable the locked value of digital assets.

Ivo Gueorguiev

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

As someone rooted in financial services, I am an advisor to Depo on the business development side, exploring various use cases in the banking and non-banking financial world.

Filip Lyapov

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

As a chartered accountant and registered auditor my role is to advise DEPO team on the accounting and tax treatment of the DEPO tokens and the overall compliance with the financial reporting requirements. The idea of depositing digital assets as loan collateral is commercially viable and will reduce time and fees for loan approvals by lenders.

Kapil Sharma

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

The only kind of project in the world so far which can disrupt the industry and create value add from digital assets!

Hans Choi

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

I am an advisor of Depository

Giovanni Casagrande

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

I am excited to be part of the advisory board for Depository Network. This concept has fascinated me due to the fact that it solves a real-world problem of huge amounts of locked financial value of digital assets.

Dimitar Ivanov

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

Digitization of collateral is a new era in the digitization of legal services. As a legal consultant to the project I support the team in its development.

Konstantin Djelebov

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

I'm very happy to have the opportunity to advice Depo on tech and product. Blockchain has the potential to be an integral part of the economy and to make this happen we need to build a solid infrastructure. I believe Depo can be a key component of the massive shift towards more secure, democratized, efficient and accessible financial system.

DEPOSITORY NETWORK Last News

N/A

ICO Profile Vision Activity Potential Product Team

Do not agree with our rating?

9.3

depository.netw...

DEPOSITORY NETWORK Reviews

Samson Owiti

Cryptotrader, Crypto investor, Blockchain business expert

DEPOSITORY NETWORK is the world’s first decentralized multi-platform collateral network that links traditional financial system and blockchain.

Pros:

The platform use removes the need of state-owned and centralized depositories allowing any lending institution to built independent depositories within the system to enable the users to easily access crypto funds
The platform is highly secure as it uses cryptographically secure multi-signature wallets to store the assets enabling the borrowers to keep ownership of their crypto assets
The platform through DEPO smart contracts automates multi-party business processes and faster transactions making the project reliable
The platform is highly flexible as its integration of blockchain and traditional system enables the token holders to have the flexibility to acquire fast fiat currency
The platform makes the users to easily adopt crypto assets as part of the traditional lenders business through the integrated system
The white paper is detailed and available in all the languages enabling the users to easily understand the platform need in ensuring that they easy lending and borrowing in different cryptocurrencies and fiat
The platform has a good management team and advisory team with different skills and experiences relevant to the platform requirement enabling easy implementation

CONS:

The DEPO tokens doesn’t give the holder voting rights and participating in the projects decision making
The amount raised by the DEPO tokens for the project implementation is not highlighted

SUGGESTIONS:

The platform DEPO token use should provide more incentives to the users by giving them voting rights and having a share of the profit generated
The amount raised by the DEPO token during its crowd sale should be specified for easy implementation of the project

NOTE:

The platform through the integration of traditional financial systems and blockchain enables borrowers to have full control of their wallets and ability to exchange fiat with other crypto assets. This makes the platform viable and I would invest in it.

Read More

thetechinsider.org

reviews

Positives
Team Experience: Svetoslav Dimitrov has over 15 years of professional experience. And it has Martin Kuvandjiev, the co-founder of Bitcoin gold behind the project. Because of their experience, Depository is a project that has a high chance of succeeding.
Investor Incentive: The borrower has ownership of their assets, and benefits from any increase in price value.
Integration: You don’t have to worry about being limited by one lender website. Depository is decentralized, making it easier to integrate with any lender website. Thus, saving investors time and money on their ventures.
Negatives
Competition: This ICO is in direct competition with other asset collateral blockchain projects. It will take some time before we see this ICO surpass the competition.
Limited Vision: While Depository is a great idea, it will have problems reaching a wider audience. This ICO will have to make its product appealing to the public if it plans to grow in the future.

Read More

Hottest ICOs

Ended 11 days ago

Will end in 2 months

Will end in 6 months

Will end in 16 days

Ended one month ago

ICOs that might interest you

Will end next month

Will end in 21 days

Due to potential time differences in information updates, please verify the accuracy of each ICO project through its official website or other official communication channels.
This information is not intended as a recommendation or suggestion for ICO investment. Please conduct thorough research on the relevant information and make your own informed decision regarding ICO participation.
If you identify any issues or errors in this content, or if you wish to submit your own ICO project for listing, please contact us via email at info@icoholder.com.

Please read the disclaimer and risk warning. Show disclaimer and risk warning.