DABANKING REVIEW


INVEST NOW at  https://dabanking.io/


I. Market Insight

Overview
In the year of 2008, Bitcoin was introduced as a cryptocurrency, invented by Satoshi Nakamoto in the form of an open source software, with a mission of changing the way we make payments and trade goods through a completely new currency.

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

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

Following those successes, 2019 is a year of strong growth for Dapps as the number of Dapps projects is growing more and more in parallel with the investment in quality, time and finance to build up a huge user community with great values from Dapps.

Dapp’s Potential
In 2019, decentralized applications (Dapps) are becoming more and more popular due to their superior advantages over traditional applications, especially based on existing Blockchain platforms with crowded users. Additional, dApp has the ability to run on peer-to-peer networks, not just from a traditional server; therefore, information from users is not subject to the control from anyone or any corporate entity.

The Potential of the Blockchain Gaming Market
In recent years we are still witnessing a strong rise and rapid growth of the gaming industry. According to the report in 10/2017, 2.3 billion users using this industry’s services, generating a huge revenue of $105 billion every year.

Games developed with Blockchain Technology can bring valuable features such as: 
a. Track and authenticate the ownership of digital asset types. 
b. Reduce costs for third parties. 
c. Secure payment system based on blockchain. 
d. Integrate blockchain into your game increases competitiveness against the traditional games. 
e. Easily exchange digital assets with high liquidity…

II. Conditions to join DABANKING
To use the DABANKING platform, you need to have:

a. Metamask Wallet installs on your computer or TrustWallet on your phone; 
b. Having Ethereum (ETH) available in Metamask or Trust wallet; 
c. Visit the Dabanking.io website to start experiencing our great services.






III. DAB token Mining

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



DAB Token
DAB is the token platform for DABANKING’s community development and will be swapped to DABANKING own blockchain when DABANKING Blockchain is officially announced. 


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


 DABANKING Developer cannot have any other method to obtain DAB Token besides exploiting as normal users through ‘‘Mining Wallet’.

DAB Token Mining
1.  To mining, DAB Token users need to buy “Treasury Package” with a minimum amount of ETH of $ 200 (Price based on Coinmarketcap.com) and the maximum package is allowed by the developer at different times (The maximum time “Treasury Package” is up to $ 5000) 


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

There are 3 energy wallets that need to be concerned to be able to exploit the DAB token: 
a.  Gold Wallet
b. Green Wallet 
c. Mining Wallet


Community Development
You can exploit more DAB Token when you take advantage of the “Gold Wallet” in using 800% of the existing value package by developing the mining community with you:



When directly introducing a member to the DAB Token mining community through your registration link (called F1). You will receive 50% of the package value of F1 to move the equivalent value from “Gold Wallet” to your own “Green Wallet”.



For example: if you introduce a $10,000 Treasury Package buyer, you get 50% of $5000 to move your “Gold Wallet” to your “Green Wallet” and your amount will be transferred until “Gold Wallet” reaches 0.


Rank Mining Bonus
STAR 1: when volume rank reaches $ 1000 
STAR 2: When volume rank reaches $ 3000 
STAR 3: when volume rank reaches $ 10,000 
STAR 4: when volume rank reaches $40,000 - Bonus $1000 to Mining Wallet
STAR 5: when volume rank reaches $100,000 - bonus $2000 to Mining Wallet 
STAR 6: when volume rank reaches $300,000 - Bonus $6000 to Mining Wallet 
STAR 7: when volume rank reaches $1,000,000 - Bonus $20,000 to Mining Wallet 
STAR 8: when volume rank reaches $2,000,000 - Bonus $50,000 to Mining Wallet 
STAR 9: when volume rank reaches $5,000,000 - Bonus $150,000 to Mining Wallet 
STAR 10: when volume rank reaches $10,000,000 - Bonus $500,000 in Mining Wallet

Table of Percentage Growth of Mining Wallet

Distribution Plan



DAB Token Mining System Structure
You can buy “Treasury Package” from Mining Wallet, ETH wallet or DAB Wallet. “Mining Wallet” can only be transferred to the above or below account in your system.

Swap DAB Token Into the Reserve Fund
When you own DAB Token you can store for a long time, trading on a free trading platform or swap into a Smart Contract containing a reserve fund to collect ETH. When you swap DAB into Smart Contract, that number of tokens is lost from the market and reduces the total number of tokens circulating in the market.

The Reserve Fund is used to ensure the total amount of tokens circulating in the market always has the minimum actual reciprocal value. Currently, there are not many tokens with a reciprocal fund like DAB.

R2 is the Swap token ratio on Smart Contract to collect ETH The R2 ratio is updated automatically at different times thanks to the complex analysis system from DABANKING AI Bot based on the price factors of ETH at the present time, the total number of Token is circulating in the market, the value of the reserve fund and the number of developing user in the community.

IV. FomoJackpot and FomoGame

Overview
One of the first Dapp products of DABANKING is the FomoJackpot lottery program base on blockchain technology together with the Dapp Game collectively called FomoGame, which helps participants not only entertain after a tiring day but also at the same time increase their income in an easy way.

FomoJackpot provides players a chance to win with a very small amount of 0.002 ETH for a ticket. Joining FomoJackpot means you have the opportunity to win rewards up to thousands of ETH at extremely low cost.

DAB token mining system and FomoGame system are 2 independent systems so users need to register an account for each system to be able to use both platforms. Please register through 2 referral links to help you experience both platforms in the most effective way.

Time for each round
There will be two countdown clocks, Green Watch and Gold Watch:

a. The green watch will be set countdown for 48 hours. When the clock runs below 24 hours, each new ticket will add up to 30 seconds plus but no more than 24 hours.
b. The gold watch will be set countdown for 48 hours. The gold watch only starts to countdown when the current ETH prize is higher than the previous round.

Purchase Ticket
Each ticket has a starting price of 0.002 ETH and the price increases as the Gold Clock begins to run:


Call N is the current hour of Gold Watch (less than 60 minutes then N = 0) Ticket Fare = 0.002 + 0.002 * (50-N) * 4%



a. So the highest ticket price will be 0.006 ETH when N = 0 at the last hour of the Gold Watch. 
b. When the Gold Watch started running, buying 1 ticket was awarded 2 more tickets.


Prize Distribution


Prize 
DAA Token Mining
DAA Token has a maximum supply of 20,000,000 DAA and is gradually exploited when users buy tickets and play games with ETH and this is the only way to get a DAA token. 


DAA Token Distribution


Income

Instant Income


When each round starts, the faster you buy a ticket with the higher the Winning Multiplier, the more opportunities you will have to increase your income up to a maximum of 650% of the amount spent at Zero Round and up to 500% of money spent from Round 1 onwards. The Winning Multiplier coefficient is calculated by the dependent formula on the total number of tickets purchased and when the total of 44,230 tickets is purchased, the Winning Multiplier will return to x1.


Referral Income

When you introduce a new comer buying ticket through your Ref link, you get unlimited income up to 17% for 10 levels below:



Winning Income

When buying a ticket, you have the opportunity to win a huge amount of ETH in 4 treasures: 
 ➢ Diamond chest
 ➢ Ruby Chest
 ➢ Gold Chest
 ➢ Silver Chest
 ➢ Accompanying is the reward value of the “Drawer” Prize 


 *A ticket can theoretically win many different prizes at the same time


Dividend Income

Dividend Pool will contain 10% of total ETH tickets purchased and all profits of FomoGame. Once every 2 weeks, the dividend pool will be paid out according to the structure: 


 ➢ 70% of the ETH in the pool is divided equally to all accounts that have frozen DAA Token.
 ➢ 30% of dividends pool will be added to the next 2-week dividend pool. 


 At the end of the dividend payment, all DAA tokens will be unfrozen and need to be frozen again to receive the next dividends round.


DAA Token Burning

When the community play games via DAA Token, the entire DAA Token of the platform will be in the token pool. Every two weeks the system will automatically burn 50% of the DAA in the token pool.


When burning DAA in a token pool, also burning the amount of DAA token in the developer’s wallet at the rate of 60:40 (burning 6 DAA tokens in the token pool, burning 4 DAA of developer wallet).


V. Roadmap

DABANKING aims at long-term development, bringing entertainment services to the decentralized application platform, giving back power to users. The development team has come up with long-term strategies to make DABANKING a powerful ecosystem that allows millions of customers to experience our services.

Phase 1: Q4/2018-Q1/2019 : Build a development team, prepare a detail plan and prepare technology foundation. Q2/2019: Officially introduce game ecosystem on DApp and start to develop DAB Token mining community. Q3/2019: List DAA Token and DAB Token on free exchanges and integrate new games. Q4/2019: Open the Swap port from the DAA Token to DAB Token for users. Add new Game Dapp.

Phase 2: When the community reaches 3 million users, DABANKING will officially announce its own Blockchain and conduct swapping DAB Token to the new DABAKING Blockchain.

So join now and invest at https://dabanking.io/



Source-  https://dabanking.io/


MORE INFORMATION  :



Authorized By:

My Bitcointalk account : jagadlangit

My ETH address : 0xA2BFa48A6AfEFaBF498B6541f609E6cef4700D91


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