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Deepwater

Science & Research

Overview

DeepWater is a project for treasure recovery and deep-sea mining businesses.

Features

DeepWater team claim to have developed a technology to facilitate collection and analysis of seabed data. The DeepWater solution uses AI-enhanced autonomous underwater devices (gliders). The deep learning architecture allows to collect and analyze seabed data and train the neural network to recognize underwater objects with almost 100% precision.

The DeepWater gliders will be operated and monitored via a single command control center on the ship. To prevent data loss and allow for independent data storage and transmission, the DeepWater gliders create a common information space with a “peer-to-peer” exchange.

The system will then utilize “TensorFlow” (Deep Learning Framework) to perform AI-based analysis and interpretation of these data. The potential of each coordinate set will be assessed by the DeepWater neural network and presented in the form of Deep Score.

The discovered deep-water resources, inter alia, data on shipwrecks and minerals can be sold in a blockchain-driven DeepWater Market. It is an online auction platform that will accept payments in Ethereum and Bitcoin.

DeepWater Token (DWT) is an ERC20-compatible token. I

Right now the team is developing the DeepWater Market platform. The first exploratory expedition by the gliders fleet is scheduled for Q1 – Q4 2019.

Technical Details

DeepWater Token (DWT) is an ERC20-compatible token emitted within the blockchain of the Ethereum platform.

Crowdsale

Pre-sale
Pre-sale start date 28 Feb 2018
Pre-sale end date 14 Mar 2018
Token Sale
ICO start date 02 Apr 2018
ICO end date 30 Apr 2018
ICO token supply 672,000,000
Soft cap 34,000,000 USD (fiat)
Hard cap size 282,000,000 USD (fiat)
Legal
ICO Platform 1
Registration Country Ecuador
Registration Year 20155
Token details
Ticker DWT
Type Utility-token
Additional Token Emission No
Accepted Currencies

BTC

ETH

Bonus Program

Pre-ICO:

1 < 10 eth 5% Bonus

10 < 100 eth 10% Bonus

100<... eth 25% Bonus

ICO

first 7 day 4% Bonus

Token distribution

70% of the allocated budget on token buyback at market prices for further "burning".

30% of the allocated budget will be distributed to the wallets of the contributors in Ethereum coins through Smart Contracts. This measure aims to maintain contributors’ interest in the token.

Funds allocation

27,93% - Parts for gliders
16,8% - Assembly line for gliders, including land and set-up
13,43% - Land and waterborne transportation vehicles, purchase and rental
11,37% - Marketing
11,7% - Server and hardware
10,3% - Salaries of employees
1,6% - Software licensing
7% - Utilities, including electricity

Ratings

Type of scores
Score
Status
Hype score Medium Active
Risk score High Active

Funding Rounds

Development

layout.headers.Pre_launch
Launch
Custom blockchain
Testnet
Mainnet
Done NA NA NA NA

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info High
Deepwater ICO Contacts
Website

Ended

$282,000,000

Start ICO 02 Apr 2018
End ICO 30 Apr 2018
Token DWT
Price 1 DWT = 0.19231 USD
Product Type Technology
MVP Only design
Registration Country Ecuador
Whitepaper View
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