DABANKING

Juni 06, 2019

DABANKING

INTRODUCTION

The introduction of the blockchain technology about a decade ago has brought about transformation in most sectors of the global economy. Most projects are leveraging on the unique features of the blockchain which include transparency, security, trust, Decentralization, safe as well as low cost to offer effective and efficient services to their clients.

Although the blockchain so far has a huge market capitalization, the number of people adopting this innovative technology is still very low. This is as a result of some difficulties associated with the use of the blockchain technology especially to people who are not technologically inclined. Over the years, there are a lot of Applications that have been created using the blockchain technology. Although the blockchain technology has been designed to make Decentralized Application more transparent, flexible, distributed, and with incentives to users, yet creating DApp is still difficulty and meant for professionals alone.

But the good news is that DABANKING has been created as a Decentralized App ( DApp) with some unique features that will make it to stand out among other DApps in the crypto world and enable easy creation of different DApps by project developers.

WHY DABANKING PROJECT?

As a result of the challenges faced by developers while trying to create DApp, a team of professionals and experienced hands in blockchain technology , Games , App developing and related fields have created DABANKING with all the tools that will make it to be the pioneering utility on the Blockchain that will allow Developers to create DApps with Decentralized entertainment services that is characterized with fairness, safety, transparency and security to give users a great experience with a user friendly interface.

DABANKING PLATFOM AND BLOCKCHAIN TECHNOLOGY

The main purpose of creating DABANKING using the blockchain technology is to leverage on the features of blockchain to develop some interesting Games for users. With the unique characteristics of the blockchain , Users will be able to Tract and authenticate the real owner of different digital assets in order to avoid fraud. Also, with the use of DABANKING on blockchain, the cost of DApp development will be reduced for third party. Based on blockchain technology still, there is a great advantage of carrying out a secure transaction anytime any moment. Apart from the fun and satisfaction derived from playing Games on blockchain it also raises the level of competition when compared to the traditional Gaming system. Like the Fomo Game, users can easily make money in a transparent manner while having fun playing the game, courtesy of the blockchain technology.

Get more information here:

website :https://dabanking.io/

whitepaper: http://dabanking.io/static/whitepaper.pdf

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THE TOKEN

The Team of DABANKING has created a utility token called DAA token which will serve as the major driver of the DABANKING ecosystem.

HOW CAN DAA TOKEN BE EARNED?

With the low maximum supply of 20million DAA only, the only way to earn is that users or any crypto enthusiast who needs DAA token must buy a ticket which they will use in playing Games using Eth. Get more information here: website :https://dabanking.io/, whitepaper: http://dabanking.io/static/whitepaper.pdf

HOW TO EARN DAA TOKEN WHILE PLAYING GAMES.

DAA has divided its mining process into 10 different stages, for every stage there are 10 rounds and only a maximum OF 200,000 DAA is exploited within every round of mining .therefore, when a user buys a ticket in the first round or perhaps lose a game with an amount of 0.05 Eth, it then means the user has been able to mine 1.66666667 DAA . The mined DAA token will be shared into 60% and 40% respectively. 60% of 1.66666667 that the user mined is equivalent to 1.0 DAA and 40% is equivalent to 0.66666667 DAA. With this, 1.0 DAA (60%) will be sent to user’s wallet while the 0.66666667 ( 40%) will be sent to developers wallet .

ADVANTAGES OF DAA TOKEN

DAA token can be used in playing Games in the place of Eth.

Users Earn Eth every two weeks by staking / holding DAA token

The team is also planning to carry out a token burn program which will eventually reduce the amount of DAA token in circulation and the maximum supply thereby increasing the value of the token allowing users to make profits.

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