Problem
A significant portion of cryptocurrencies is getting lost, because crypto wallets owners lose their crypto wallet keys. Taking into account the strong security level of crypto wallets, owners cannot access their assets and lose them irretrievably.
The «Dark Phoenix» project
The «Dark Phoenix» project aims at developing a unique software that is able to overcome the security properties of the system and enable appropriate access to lost cryptocurrencies (including Bitcoin). The software is a universal cryptanalysis tool.
Plafal
The «Dark Phoenix» project is a structural part of the unique scientific and technical platform «Plafal», on the basis of which the symmetric-key algorithms «ECLECTIC-DT-1» (data encryption tool for strategic military system) and «Steel» are created (the rights of ownership are acquired by R&D company). In 2020, a round of software development in bioinformatics (the «biPlafal» platform) is successfully conducted. It should be mentioned, that the application of the «Plafal» platform for highly complex engineering systems, namely the latest mathematical models for modeling the stress-strain state of strategic infrastructure facilities.
Advantage
The pre-seed round is done. The result is successfully discussed with leading cryptographers. The final results of the R&D process can be provided after signing an NDA form.
Team
Dmytro Topchyi
Cryptographer, the sole developer of two symmetric-key algorithms: «ECLECTIC-DT-1» & «Steel».
Alex (Adam) Kuleshov
Group
- Software Architect
- Senior Java, C#, Python, JS developer
- Senior Java developer
- Doctor of Science, professor, cryptographer
- Doctor of Philosophy, mathematician
Financial highlights
Our financial projections are based on the market data from the cryptocurrency industry. After taxes, we estimate net income of $66.602 million for year 2 and $184.503 million for year 3.
R&D Group «Plafal» needs $6.5 million to complete the A round. Capital participation terms are negotiable.
Final goal (Round A outcome)
Creation of MVP: a universal mechanism for the extraction of lost cryptocurrency. The business plan of the project and the necessary materials that confirm the declared provisions can be provided in accordance with the letter of request and after signing an NDA form.
Financial highlights
Our financial projections are based on the market data from the cryptocurrency industry. After taxes, we estimate net income of $66.602 million for year 2 and $184.503 million for year 3.
R&D Group «Plafal» needs $6.5 million to complete the A round. Capital participation terms are negotiable.
Final goal (Round A outcome)
Creation of MVP: a universal mechanism for the extraction of lost cryptocurrency. The business plan of the project and the necessary materials that confirm the declared provisions can be provided in accordance with the letter of request and after signing an NDA form.