The CDR Token
Consensus Driven Register
The new global standard store of value for time tracked deliverables on the blockchain.
How the token works
Solving for Information Asymmetry
The CDR token secures project payments against completed deliverables on the blockchain using a smart contract escrow on the Coder Platform.
As all parties to a transaction reach an agreement on the costs and deliverable requirements for the next project milestone, the tokens are transferred to a smart contract escrow as the service providers complete their tasks. The tokens are held in the smart contract until the parties to the transaction reach a consensus that the deliverable requirements have been met at which time the tokens are distributed to network participants who completed the tasks.
IN A DISTRIBUTED AND DECENTRALIZED ECONOMY, TECHNOLOGY SERVICE CONTRACTING SHOULD HAVE A STANDARD UNIT OF MEASURE INDEPENDENT OF SOVEREIGN FIAT CURRENCIES
Platform User Experience
An intuitive, transparent Process
Token holders engage the Network through the Coder Platform. The application layer of the Coder Network provides the interface which allows all parties to securely transact using smart contracts to reduce friction, manage risk, and improve communication.
CoderLeads and CoderPros scope projects and create discrete action plans, project roadmaps and sprint timelines.
CoderClients are sent sprint deliverables. Upon approval, a smart contract is created and funded with CDR tokens from the CoderClient.
CoderPros are assigned tasks to be completed in the sprint, tracking time and reporting progress.
The completed tasks are then reviewed by CoderLead. Once they pass a QA process, the sprint is sent to the CoderClient for final approval.
Once the CoderClient accepts the sprint as completed the tokens are distributed to network participants who completed the tasks.
Token Holder Benefits
The CDR Token has multiple utilities on the network
Access the Coder Platform
Member Usage Discounts
Receive discounts on services purchased through the Network
Access the collective resources of the Coder Network
Join a distributed community of technologists.
No need to cancel a contract if your plans change.
Ensure proper payment for deliverables