FAQs

Dopot is an open-source platform for decentralized reward crowdfunding and equity investment designed to simplify and secure investments using blockchain technology. Founded in 2020, it provides an alternative to traditional crowdfunding methods.

Traditional crowdfunding can involve long waiting times, centralized authorities, and a lack of investment security. Dopot overcomes these barriers using blockchain-based smart contracts, offering instant refunds and low commissions for investors and project creators.

Decentralized Reward Crowdfunding allows investors to contribute funds and receive rewards in NFTs once the funding goal is reached. This system merges reward crowdfunding with decentralized finance (DeFi), offering a secure and transparent alternative to traditional methods.

A smart contract is a self-executing program stored on a blockchain that automatically enforces agreements. On Dopot, smart contracts lock investor funds until a project meets its funding goal, ensuring transparency and security for investors and project creators.

Dopot reduces investors' risk by using smart contracts that lock funds until project goals are achieved. It also offers refunds if the project fails to meet its target, ensuring a safer investment environment.

DAI is a stablecoin pegged to the US dollar, providing a stable value for investments and protecting users from the price volatility of other cryptocurrencies like Bitcoin or Ethereum.

No investment is entirely risk-free, but Dopot minimizes risks by ensuring funds are only released when a project reaches its goal, offering refunds for unachieved goals, and preventing fraud through blockchain transparency.

Dopot revolutionizes crowdfunding by using blockchain technology to eliminate bureaucracy, offering secure transactions via smart contracts, and providing low fees and transparency for investors and project creators.

Dopot allows startups and new projects to raise funds without collateral or upfront capital. This system provides a secure and cost-effective method for innovators to access funding from global investors.

The MIT license is an open-source license that allows anyone to use, modify, and distribute Dopot's platform code freely, promoting transparency and collaboration within the community.

Arbitrum One is a blockchain scaling solution that enhances transaction speed and reduces costs. Dopot uses Arbitrum One to provide faster and cheaper transactions than traditional blockchain networks.

Web3 is the next internet generation, using decentralized systems like blockchain for data storage and control. Unlike Web2, Web3 empowers users with full data ownership, eliminating centralized control by platform operators.

Dopot uses decentralized systems such as IPFS for secure data storage, Push Protocol for direct communication with investors, Aragon for DAO governance, Proof of Humanity for decentralized identity verification, and Unstoppable Domains for censorship-resistant access.

Dopot uses IPFS to store data securely on a decentralized network, eliminating the need for centralized servers and ensuring the integrity and privacy of user information.

Smart contracts are blockchain-based programs that automatically enforce agreements. On Dopot, smart contracts ensure that funds are only transferred once a project meets its funding goal, providing security and transparency for investors.

Dopot uses Proof of Humanity to verify users' identities, ensuring that only real individuals participate in crowdfunding campaigns. This decentralized identity system adds credibility and trust to the platform.

Unstoppable Domains are blockchain-based domain names that provide censorship-resistant access to websites. Dopot uses these domains to ensure its platform remains decentralized and accessible.

Aragon enables decentralized governance in Dopot by encouraging the community to make decisions transparently. This ensures that all platform activities, such as liquidity management and decision-making, are visible to all users.

Reward Crowdfunding on Dopot allows users to invest in projects and receive rewards initially in the form of fungible tokens. Once the fundraising goal is met, these tokens are converted into NFTs, which can be traded or redeemed for real-world rewards.

If the crowdfunding campaign doesn't reach its target, you can request a refund by exchanging your fungible token for your original investment amount before the goal is met.

Dopot's Equity Section is in an experimental phase. It is designed to allow companies and startups to create decentralized autonomous organizations (DAOs) through smart contracts. While still subject to global regulatory developments, it aims to provide an alternative to traditional equity investment by leveraging blockchain technology for efficient, decentralized investing.

Price stability is achieved by using Fast and Slow Liquidity Locks, which provide liquidity to the pool in proportion to token purchases. This mechanism prevents extreme volatility and ensures long-term price growth.

The Treasury (36 million DPT) is locked for two years and allocated for future platform developments, including the equity section. Every 30 days, 1 million DPT will be unlocked to cover emergencies or unforeseen expenses.

Dopot's roadmap includes four main phases: Phase 1 (Launch of decentralized reward crowdfunding and liquidity pool), Phase Venus (Listing on Centralized Exchanges), Phase Earth (Decentralized equity launch), and Phase Moon (Global expansion and mass marketing).

In the 'Venus' phase, Dopot will list on centralized exchanges (CEX), allowing for broader access and increased liquidity for the token.

The 'Earth' phase will focus on launching decentralized equity, providing a unique opportunity for users to invest in startups and projects via blockchain technology.

The 'Moon' phase represents Dopot's global expansion and mass marketing efforts to increase platform adoption and attract users worldwide.