Understanding How to Use DAA and DAB Token Review

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.

Blockchain technology is believed to have revolutionized the entertainment industry. Keeping this in mind, DABANKING was created with the hope to enable environment to build Dapp by using the blockchain platform. DABANKING is keen to build a novel gaming ecosystem on Dapp which can help to effectively exploit entertainment market and provide the best service to avid gamers.

However, it is important to learn the ropes of the game and understand how to use DAA and DAB Token to earn lucrative amount of income.

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.

Using the DAB Token

DABANKING basically uses Ethereum Blockchain to build user’s community. This is done by distributing DAB Token based on theory of POC algorithm (Proof of Contribution).
This is a mining token algorithm by “Dedication Proof” when lock ETH into “value reserve fund” for token DAB. Gamers can obtain DAB Token by using the “Mining Wallet”. The maximum total supply of token DAB in Smart Contract is 200,000,000 DAB.
For mining DAB Token, users need to buy “Treasury Package”. The “Treasury Package” can be bought with a minimum amount of ETH of $ 200 — the price is based oncoinmarketcap.com — and the maximum package is allowed by the developer at different times which is up to $ 5000.

The Energy Wallets

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!

If you are a game aficionado using DABANKING, make sure to learn to exploit the three energy wallets. Those are:

●Gold Wallet

●Green Wallet

●Mining Wallet

As soon as you activate the “Treasury Package”, 800% of the value of package that you have already purchased will be added to your “Gold Wallet”.

Similarly, “Green Wallet” will add 200% of the package value at the first purchase. Later, it will add 100% of the value of the package at the 2nd purchase.

As far as “Mining Wallet” is concerned, it will receive 0.5% the value of “Green Wallet” every day. The “Green Wallet” will decrease each day after deducting the amount flowing through the “Mining Wallet” of the previous day.

It is worthwhile to remember that the larger the “Green Wallet” you possess, the more energy flows into the “Mining wallet” every day. In this way, your “Mining Wallet” may get up to 10 times (1000%) the value of the purchased package.

The Difficulty Level

The difficulty level will increase gradually with the DAB Token mining based on the minimum value of “Mining Wallet” to be able to perform a mining DAB token.
The amount of ETH that was used to purchase “Treasury Package” will be locked by the “Reserve Fund” with the help of a Smart Contract to reserve the value for the DAB token, no one can interfere with this ETH amount including the DABANKING’s developer. The only way to get the ETH out of the reserve fund is to transfer the DAB token back to Smart Contract.

Using the DAA Token

DAA Token has a maximum supply of 20,000,000 DAA. This token is exploited as soon as users buy tickets and play games with ETH. This is precisely, the only way to get a DAA token.

Stages in DAA Token

There are 10 stages in DAA Token mining process. Each stage consists of 10 rounds and there are a total of 100 rounds. With each round, the mining difficulty will increase gradually.

Playing with DAA Token

If you lose a game in the first round after buying the ticket with an amount of 0.05 ETH then this means 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 win in the first round, you need a volume of 0.055 to successfully exploit 1.66666667 DAA and get 1 DAA.
No matter how much ETH you use to play, you still get the DAA token number that follows this ratio.
The DAA Token will be listed on the free exchange and the developer DABANKING will deploy swapping token DAA to token DAB with appropriate rates at each different time.

#Dapps #DABANKING #DAB #Blockchain #ETH

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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