AIDUS Step by Step

The main steps for using ADFP.

AIDUS
3 min readOct 12, 2018

Main participants of ADFP-based decentralized fund market are investors, asset management companies, and the ADFP used by them.

The ADFP platform allows investors to become members and sign contracts with the asset management company to use the ADFP platform. Here, ADFP simply provides the platform and does not engage in any contracts between investors and asset management companies at all. In other words, ADFP is the same as an open market or a direct deal market, where all funds are traded only by the investors and asset management companies.

AIDUS D-FUND MARKET

So, as you can see, on the one side investors register in the AIDUS D-Fund market. The registration includes:

🔹 Passport registration
🔹 Iris Data registration
🔹 Fingerprint registration
🔹 Personal information registration

Then investors should generate an account on My page. After all they create own wallet based on the ADFP platform.
In essence, the investor purchases AIDUS after signing in the platform, transfers the coin to the member’s wallet within the platform, confirms the fund information, and identifies the fund which he would like to join in ADFP.
When an investor signs up for a desired fund, he needs to invest the corresponding AIDUS since the amount of the fund is based on the real currency.
After signing up, the asset management company will manage the fund and the investors will receive his yield in the AIDUS Coin to be paid into the ADFP wallet, matching the real currency value, during the fund maturity or mid-term closing.

Fund Usage Structure by Investors

On the other side, it should being make a contract with AMCs. It includes:

🔹 AMC Permission
🔹 Fund management permission
🔹 Other Documentation
🔹 Contract with ICO Entity

Then asset management company should create AMC’s Admin Page and AMC’s wallet.

So, after signing the contract with the ADFP, the asset management company can create a fund through the AMC’s Admin Page, and publicize the relevant information through the fund information page. When investors sign into the fund, asset management company cashes the AIDUS sent by the investor into the company’s wallet and manages the fund through SMART Contracts.

Keep paying attention on AIDUS Project!

Further information you can find through AIDUS websites:

Official website: https://aidus.io
Facebook: www.facebook.com/AIDUSofficial
Twitter: twitter.com/AIDUSofficial
Reddit: reddit.com/user/AIDUSofficial
Telegram:t.me/aidusofficial

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AIDUS
AIDUS

Written by AIDUS

AIDUS is a decentralized platform established upon the Ethereum network to serve as a professional asset management platform. Official website https://aidus.io

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