Devery.io is developing the Devery Protocol, a decentralized verification platform that enables marking and tracking over the Ethereum network. The protocol allows manufacturers, brands, retailers and anyother party to assign unique signatures to any products, services or digital goods sold, issued and traded online. The protocol is the base layer of the Devery ecosystem. It can be used to build application level verification services and can be integrated with any existing e-commerce stores, applications or services. An operational token, the Entry Verification Engine (EVE), is the engine that powers the protocol. The EVE token is required to generate unique signatures and contextual data on the protocol. Any application that builds on top of the Devery protocol requires the user to spend EVE tokens, which are received by the owner of the application as a fee for their verification services.
The seller (which may be the supplier, retailer or otherwise) is a profit-making entity and relies upon the quality of the produce sold and the reliability of the brand name developed.
The purchaser is deceived into purchasing fake products that do not serve the expected purpose and/or may contain harmful side-effects.
The mediator often takes the form of law enforcement seeking to seize and prevent counterfeit goods. The mediator is faced with exceedingly high costs of tracking and investigating the movement, procurement and sale of counterfeit products.
Devery Protocol and Ecosystem
The underlying Devery Protocol will enable developers to easily create verification applications without a thorough understanding of the blockchain. The Devery Protocol will abstract the complexities of interacting with smart contracts by deploying pre-developed smart contracts for an improved developer experience.
Entry Verification Engine (EVE)
EVE is used to fuel the verification process. Applications will recieve EVE token as payment for hosting verification applications on the Devery protocol. Consumers using these applications will require EVE to mark on the blockchain, this EVE is then transferred to the application host as payment for hosting the applications via the protocol. ’Bokky’s Token Teleportation Service’ (BTTS), allows users to send EVE tokens without required Ethereum as a gas cost. Users can send message to third-party services to process their transactions and pay the gas cost on their behalf. In return, the user pays the service provider a percentage of EVE tokens. This provides a practical means of using the Devery protocol without requiring retailers and others users to hold EVE and Ethereum.
Will be sold 60,000,000 EVE tokens (out of a total of 100,000,000) for a raise of $10,000,000 USD. The pre-sale commences on the 14th of December and it will require a 20 Ethereum minimum contribution. The presale provides a 5% bonus. The crowd-sale will commence on the 12th of January 2018, and will end either when the cap is reached or on 10 February 2018. All tokens will be distributed 1 week after the conclusion of the sale. Any unsold tokens will be burned.