Information Technology & Services - Singapore, , Singapore
So far with DropDeck, we've been trying to combine machine learning (we passed 1st round of IBM Watson AI XPRIZE) and blockchain (we won 1st prize of a national Enigma blockchain contest) in an attempt to streamline venture investment & lending at scale, to go beyond what other investment & lending platforms are offering, without having to rely heavily on big data partnerships in the long run. Our mission is to accelerate capital flow into the most innovative/thriving companies that are contributing the most to the economy and building products that improve everyone's future quality of life. That's what I have been personally pursuing since 2008.Our product vision is as follows: a perfect platform doesn't need to do everything on its own (score people, evaluate deals, handle compliance, collect debt, etc.) but it should enable everyone to do everything, in everyone else's best interests (get funded, exit, get repaid, get rewarded, etc.). That way we can transfer and carry less the offline, manual, locally-specific burden so that we can scale unabatedly.With that in mind, we design an "incentive system," using an Ethereum-based DropDeck Token (DDT) to tie the benefits of many players together in order for them to collaborate in the best interest of each other on our platform (e.g. in order to get rewarded, hunters find and list promising companies, evaluators investigate and predict winners, monitors make sure investees/borrowers repay, etc.).
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