**UPDATE: Drep raised 19.8M USD in ICO, there is no set date for token release or exchange info as the Drep team is waiting for the market conditions** A decentralized reputation ecosystem comprising of a public chain, a reputation-based protocol and the tools for Internet platforms to leverage its power
Updated the amount raised in ICO.
Added token release info & exchange info
30% Token presale and crowdsale
15% Community development, branding and treasury
DREP Foundation is committed to building a performance-oriented technology infrastructure supporting high transaction capacity for an ecosystem generating valuable reputation data.
Focusing on two industry pain points: lack of user adoption and low transaction throughput, DREP Foundation aims to provide a highly scalable blockchain architecture, DREP Chain, for deployment of a reputation protocol that anyone can use.
DREP Chain is a novel scale-out architecture, with a mutually independent governance mechanism for the two-layer structure as well as within shards.