Review DAB token mining, Rank Mining Bonus & Distribution Plan

5 min readJul 10, 2019

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

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.

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.

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:

Gold Wallet
Green Wallet
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.

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.

Rank Mining Bonus

There are total of 10 Rankings from Star1 to Star10 equivalent to the volume condition below.

Volume calculation of Rank is taken from the total volume of branches of the entire system (excluding individual volumes), subtracting the largest volume of two branches:

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

Adding bonuses to “Mining Wallet” is completely automated thanks to Smart Contract. The system will check automatically once a day to reward bonus for eligible accounts.

Table of Percentage Growth of Mining Wallet

This is a table that illustrates the percentage of “Mining Wallet” received compared to the value of the package purchased in the first 5 months when 800% of the “Gold Wallet” package value moves into the “Green Wallet”.“Mining Wallet” will receive daily until “Green Wallet” reaches 0 and minimum receive time is up to more than 2 years.

Distribution Plan

90% DAB Token Reserve Fund
3% Marketing
3% Product development
2% Partner (exchanges, Advisor …)
2% Reserve DAB token (Swap DAA token…)

Each time receiving ETH or DAB Token, Smart Contract of the reserve fund will immediately lock down 90% and extract 10% into the developer fund to implement items.

DAB token mining Interesting project in terms of technology. Very well thought out and promising! Please read the project documentation. After that, you will join the project, as I did. Analytical reports only confirm the huge benefit of this idea!

#Dapps #DABANKING #DAB #Blockchain #ETH

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