Review DAB token mining

The Articles
5 min readJun 29, 2019

Hello, crypto and the beloved blockchain Today I will explain the The Blockchain DABANKING, see well, take a little your time.

DABANKING Building a game ecosystem app are finally here, except that they aren’t. Over the past few months, a steadily increasing stream of computer games have appeared that have used cryptocurrencies in one way or another, yet despite their growing frequency only a small number of these have actually used the mechanics of Ethereum or Bitcoin to provide a decentralized gaming experience. In fact, the majority of them could be passed off for traditional games without anyone batting an eyelid, since the use of cryptocurrencies or blockchain generally comes more as an addition to existing gameplay dynamics and genres than as a fundamental reworking of them. Blockchain Game, Alien Run, Miner Simulator, Itadaki Dungeon , and Spells Of Genesis are the five most popular crypto-related games available right now on the Google Play Store in terms of user ratings, yet all five would work perfectly well without any kind of blockchain or crypto element.

DABANKING The Blockchain technology makes Decentralized Application more flexible, transparent, distributed, resilient and has a better-incentivized structure than current software models. DABANKING Project was born with a noble mission to become the pioneering Utility Blockchain platform in creating an environment to build Dapps with decentralized entertainment services with transparency, fairness and optimal user experience. And we believe that DABANKING The Blockchain technology, can strengthen it with a right and reliable framework.

INTRODUCTION

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. FomoGame is an independent DApp system within the ecosystem of DABANKING built on the Blockchain of Ethereum. 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.

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

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).

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:

  1. Gold Wallet
  2. Green Wallet
  3. Mining Wallet

DAB Token mining process will increase the difficulty over time based on the minimum value of “Mining Wallet” to be able to perform a DAB Token Mining. You can use up to maximum 400% of the value of “Mining Wallet” compared to your own “Treasury Package” to mine the DAB Token.

How to join DABANKING

To use the DABANKING platform, you need to have:

-Metamask Wallet installs on your computer or TrustWallet on your phone;

-Having Ethereum (ETH) available in Metamask or Trust wallet;

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

DAA Token

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 mining process has 10 stages, each stage has 10 rounds, maximum of 200,000 DAA is exploited each round.

In the first round when you buy a ticket or lose a game with an amount of 0.05 ETH, you have successfully mining 1.66666667 DAA, at this time 60% is 1 DAA directly to your wallet and 40% is 0.66666667 DAA to DABANKING developer wallet.

If you play a game that wins at the first round, you need a volume of 0.055 to successfully exploit 1.66666667 DAA and receive 1 DAA.

DAA Token Distribution

DAA Token Features

• Earn ETH every 2 weeks while frozen DAA Token:

• Play games with DAA Token (or ETH):

• DAA Token Burn

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.

#Dapps #DABANKING #DAB #Blockchain #ETH

More info follow this links

WEBSITE https://dabanking.io/

ANN https://bitcointalk.org/index.php?topic=5146671.0

BOUNTY https://bitcointalk.org/index.php?topic=5146696.new#new

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

Other Languages:

Japanese : (ANN, Whitepaper) Korean : (ANN, Whitepaper)

Chinese : (ANN, Whitepaper) Russian: (ANN, Whitepaper)

SOCIAL MEDIA

YOUTUBE https://www.youtube.com/channel/UCQbGkMKlxM7JdBY89S9UcIA

TWITTER https://twitter.com/Dabanking_io

FACEBOOK https://www.facebook.com/dabanking.io/

DISCORD https://discordapp.com/invite/uqfMjYV

MEDIUM https://medium.com/@dabanking.io

Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.

Authorship

-Bitcointalk name: danilelsi

-Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2562904;sa=summary

-ERC-20 ETH address: 0x1f235A06D30d30F59a17FB0244937158e9Ed721E

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