DomRaider network is an open-source blockchain dedicated to the decentralization of auctions in real time. It will be transparent, reliable, adaptable and interoperable, without compromising on speed. The DomRaider network is not only aimed to register auctions and bids. It is the core of a complete new auctioning ecosystem aimed to provide an innovative solution for all worldwide auctioning players. Live auctioneers, escrow, appraisal experts, delivery services and online auctions providers will all be able to join the network, provide their services and add value to the blockchain.
In total DomRaider will create one billion DRT tokens. 350 million (35%) tokens will be distributed between the token pre-sale and the official ICO. 150 million (15%) tokens will be distributed to stakeholders, team members, advisors and community members. 500 million (50%) tokens will be kept in reserve for future use.
All DRT token will be pre-mined, and the company has no immediate intention to create more following the completion of the official ICO.
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