DARICO

DARICO (ICO) - Monitor. Trade. Invest. Spend

Foto Darico.

What's Darico?

Darico Ecosystem Coin is a utility token designed specifically to empower people by providing professional and user friendly investment tools that allow holders to monitor, trade, invest, and spend crypto currency confidently. Darico Coin Holders will receive exclusive access to the entire Darico ecosystem, including wallets, terminals, liquidity pools, Index Funds, debit cards and exchanges.

How Does Darico Work?

All Darico Coins are said to be supported with 35% solid gold stored in a custodial deposit box. The remaining percentage of coins is supported by 55% bitcoin and 10% as well. The end result is you enjoy the high growth potential of cryptocurrency such as Bitcoin and Ethereum while also gaining gold stability.

Like other gold-backed digital token, Darico advertises gold as a safe haven. It has been invaluable for centuries, and continues to have value to this day. By basing the value of tokens on gold and cryptocurrency, Darico provides the best investors from both worlds. 90% of the funds collected during Darico ICO will be used to buy bitcoin, Ethereum, and gold that support each Darico coin.

Furthermore, Darico will have a genesis account that emits new coins daily for 18 years until they reach a total supply of 240 million (scheduled to take place over 18 years, or by 2036). All Darico genesis account holders will share emissions based on their current holdings. Ownership of genesis accounts can be transferred.

You manage your Darico token via Darico's wallet. The company also claims to be working on the application. The entire platform is built on the Ethereum blockchain. All funds purchased by the company will be deposited in leading cold storage, third party safe located in Switzerland.

This platform uses the work of the Ethereum algorithm for mining. It also uses the Ethereum smart contract to implement emissions protocols. Tokens are transmitted through "proof of ownership delegated" from Dico or dPOO. The smart contract allows the Darico genetic account (labeled "DRX") to transmit a new coin to some degree. Genesis accounts are actually smart contracts that are executed on a virtual machine Ethereum (EVM).

By the end of 2018, Darico hopes to launch a number of additional products, including messenger app (Q1 2018), the trading module for that app (Q2 2018), index and cryptocurrency pools for applications (Q3 2018), investment funds (Q3 2018) smart mortgage (Q4 2018).

The Darico ICO

During ICO, about a third of the total token supply from Darico will be provided to the initial investor. That's a total of 32.5% of the total supply of 240 million (78 million Darico coins). 25% of the 240 million will be available to the public, and 7.5% (18 million) are reserved for ongoing costs, teams, advisors, and founders.

90% of the funds earned during the token sale will go directly into asset purchases for funds (Ethereum, bitcoin, and gold). The remaining 162 million tokens (67.5%) will be mined by genesis accounts over the next 18 years. The pre-ICO for Darico tokens continues until the end of December 2017. The exchange rate is set at 1 ETH = 110 DRC during pre-ICO.

Certain dates for ICO have not been set. However, it will take place sometime during Q1 2018.

Darico Conclusion

Darico is a unique investment of cryptocurrency. The company claims to place 90% of the funds collected during ICO into three assets, including gold, bitcoin, and Ethereum. 35% of the funds will be used to buy gold, while the rest will be used for bitcoin (55%) and Ethereum (10%). It is designed to expose investors to the potential for high cryptocurrency growth while also helping to stabilize their investment with long-honored gold stability.

What are the benefits of buying Darico tokens from a company, not just buying these assets yourself? I'm not entirely sure. Darico's white book mentions some features that can be applied in the future - including smart contract-based mortgages.

They also strongly promote the idea of ​​"genesis accounts," which are effectively smart contracts built in Ethereum, and the smart contracts are able to issue Darico tokens at some level. Where does the money to buy new gold, bitcoin, and Ethereum come from? How much gold is associated with each Darico token? I am not sure. However, the company claims to issue proof of weekly reserves to investors.

For more information, please visit the link below :


Author : indri2018

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