ronicrypto: Dabanking DAB Token platform overview

In the form of open source software in 2008 Satoshi Nakamoto for his discovery introduced Bitcoin as cryptocurrency. Therefore Babanking comes with a mission to change the way of payment and trade goods through truly new currencies.

Bitcoin offers tremendous transaction advantages such as freedom, security, a high level of control for the user itself and a fully transparent platform. All of the benefits of Bitcoin are activated by Blockchain technology.

The Blockchain Gaming Market

In recent years we have still witnessed a strong rise and rapid growth of the gaming industry. According to reports on 10/2017, 2.3 billion users are using this industry service, generating large revenues of $ 105 billion every year.

A common problem in game development today is the inability to prove the existence and ownership of in-game assets, causing a lot of fraud. Smart contracts allow users to feel confident that they will receive assets / goods that are authenticated when they are bound by the blockchain.

Exchanging in-game items is now a lucrative industry that is estimated at $ 50 billion and is expected to increase rapidly. "Unique" non-commensurate tokens are one of the most important contributions that blockchain has given to the gaming industry. Each token has a unique identity that represents a type of virtual asset. These virtual assets can be bought and sold on any decentralized trading platform, eliminating unnecessary costs and risks from third parties. These digital items can be anything from game skins to virtual cards with high rarity.

Games developed with Blockchain Technology can

presents valuable features such as:

> Track and authenticate ownership of types of digital assets.

> Reducing costs for third parties.

> Secure payment system based on blockchain.

> Integrating the blockchain into your game increases competitiveness against traditional games.

> Exchange digital assets easily with high liquidity

The DABANKING project was born with a noble mission, which became a pioneer of Blockchain Utilities and created an environment for building Dapps for Decentralized Entertainment Services. DABANKING makes transparency, fairness and optimal user experience the criteria to develop.

Bitcoin offers tremendous transaction advantages such as freedom, security, a high level of control for the user itself and a fully transparent platform.

All the benefits of Bitcoin are activated by Blockchain technology. The blockchain technology is a discovery that creates a decentralized network based on peer-to-peer network protocols, which allows every computer on the network to be a server, making a big difference to conventional centralized networks.

2013 marked an important milestone for the breakthrough in blockchain technology development: the birth of the Ethereum (ETH) platform created by Vitalik Buterin - Russian developer. He has succeeded in bringing Blockchain technology to a new level when integrating Smart Contracts into the current Blockchain protocol, now known as Blockchain 2.0 or the Blockchain Utility.

One of the first Dapp products DABANKING is the FomoJackpot lottery program with very smart, unique and interesting rules that promises to create a very powerful fomo effect in the first month of launch. FomoJackpot gave thousands of players the opportunity to earn attractive money when the cryptocurrency market experienced a strong recovery.

At the end of 2017, Blockchain technology really resonates, not only with software developers but also with full attention from governments, major banking organizations, financial funds, investors and almost all social classes, attracting hundreds of billions of dollars, creating financial market fertility and promoting many successive Blockchain projects.

Some Utility Blockchain projects are quite successful, such as Tron, EOS, STEEM, etc. Gradually approaching its completion, opening the Era of Decentralized Applications (Dapps)

1. DAB Mining Strategy

In the first phase, DABANKING will use Ethereum Blockchain to build a community of users by distributing DAB tokens based on the theory of the POC algorithm (Proof Of Contribution). This is the “Dedication Proof” mining token algorithm when locking ETH into “value reserve funds” for DAB tokens.

2. Token DAB

DAB is a token platform for DABANKING community development and will be exchanged with DABANKING blockchain itself when DABANKING Blockchain is officially announced.

The maximum total supply of DAB tokens in a Smart Contract is 200,000,000 DAB and the only way to get a DAB Token is to use the “Mining Wallet”.

DABANKING Developers cannot have other methods to obtain DAB Tokens other than exploiting as normal users through ” Mining Wallet ‘.

3. Mining Token DAB

DA tokens mining mechanism DA Tokens can be used when users buy tickets and play games with ETH. It has a maximum supply of 20,000,000 DA.

To mine, DAB Token users need to buy a “Treasury Package” with a minimum amount of ETH $ 200 (Price based on Coinmarketcap.com) and maximum packages allowed by developers at different times (Maximum “Treasury Package” up to $ 5000)

Developers will have a function on Dapp to set the maximum package value that can be purchased at different times Note

: The “Treasury Package” value is calculated when depositing ETH and confirmed on the blockchain. The price at the time of deposit is only used for the reference price, during the time from the deposit until when the transaction is confirmed if the ETH price rises, the package value will increase, but if the ETH price decreases, the value of the package will decrease. And reduce no more than 3%, If price fluctuations exceed 3%, Deposit orders will fail, ETH will be returned, the user must operate again.

DAB Token

DAB Mining Strategy

In the first phase, DABANKING will use Ethereum Blockchain to build a community of users by distributing DAB tokens based on the theory of the POC algorithm (Proof Of Contribution). This is the "Dedication Proof" mining token algorithm when locking ETH into "value reserve funds" for DAB tokens.

DAB is a token platform for the development of the DABANKING community and will be exchanged for the DABANKING blockchain itself when the DABANKING Blockchain is officially announced.

The maximum total supply of DAB tokens in Smart Contract is 200,000,000 DAB and the only way to get DAB Tokens is to use "Mining Wallet".

DABANKING Developers cannot have other methods to obtain DAB Tokens other than exploiting as normal users through '' Mining Wallet '.

Mining Token DAB

To mine, DAB Token users need to buy a "Treasury Package" with a minimum amount of ETH $ 200 (Price based on Coinmarketcap.com) and the maximum package allowed by the developer at different times (Maximum "Treasury Package" up to $ 5000)

The developer will have a function on Dapp to set the maximum package value that can be purchased at different times

Note: The "Treasury Package" value is calculated when depositing ETH and confirmed on the blockchain. The price at the time of deposit is only used for the reference price, during the time from the deposit until when the transaction is confirmed if the ETH price rises, the package value will increase, but if the ETH price decreases, the value of the package will decrease. And reduce no more than 3%, If price fluctuations exceed 3%, Deposit orders will fail, ETH will be returned, the user must operate again.

There are 3 energy wallets that need to be considered

exploiting the DAB token:

1. Golden Trumpet. 2. Green Trumpet, 3. Mining Wallet

Provisions to join DABANKING

To use the DABANKING platform, you must have:

Metamask Wallet installed on your computer or TrustWallet on your mobile;

Having Ethereum (ETH) is available at Metamask or Trust wallet;

Visit the Dabanking.io website to start experiencing our great services.

MINING TABLE

Distribution

90% of the DAB Token Reserve Fund

3% marketing

3% product development

2% Partners (exchanges, Advisors ...)

2% Backup Token DAB (Exchange DAA ...)

Every time you receive an ETH or DAB Token, the Smart Contract reserve fund will immediately lock 90% and extract 10% into the developer's funds to implement the item.

Roadmap