Introducing DABANKING project

tallylove
5 min readJul 16, 2019

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The potential of the Blockchain game market
In recent years, we are still witnessing the rapid growth and rapid growth of the gaming industry. According to a report in October 2017, 2.3 billion users use this industry service, generating huge revenue of 105 billion dollars per year.
A common problem in game development today is the inability to prove existence and property ownership in the game, thus leading to more fraud. Smart contracts allow users to be confident that they will receive authenticated properties / items when bound by the blockchain.
Exchanging items in the game is now a lucrative industry estimated to cost US $ 50 billion and is expected to increase rapidly. The unique non-mushroom token is one of the most important contributions that blockchain brings to the game industry. Each token has a unique identity that represents a virtual asset type. These virtual assets can be purchased and sold at any decentralized trading platform, eliminating unnecessary costs and risks from third parties. These digital items can be anything from game skins to virtual cards with high levels of scarcity.
Games developed with Blockchain Technology can bring valuable features such as:
Track and authenticate ownership of digital assets.
Reduce costs for third parties.
Secure payment system based on blockchain.
Integrating blockchain into your game increases your competitiveness compared to traditional games.Easily exchange digital assets with high liquidity.Thereby, it can be seen that Blockchain Technology will bring the Entertainment Industry to a new level. Especially the blockchain game market is still very promising with many challenges and opportunities, grasping that trend, DABANKING group will focus on building the game ecosystem on Dapp, exploiting the entertainment market effectively and providing the best service to the community.
Exploiting DAB token

1. Exploitation strategy of DAB

In the first phase, DABANKING will use Ethereum Blockchain to build user community by distributing DAB token based on the theory of POC algorithm (Proof Of Contribution). This is an algorithm to exploit token by Slope providing proof Proof of locking ETH to LDNH value reserve fund for DAB token.
2. 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 only way to obtain DAB Token is to use “Mining Wallet”.
DABANKING Developer cannot have any other methods to obtain DAB Token with exploiting as normal users through “Mining Wallet”.
3. DAB Token exploitation
To exploit, the User Token DAB needs to purchase the Islamic Treasury Package with a minimum amount of $ 200 (Price based on Coinmarketc.com) and the maximum package allowed by the developer at times. different (Maximum time up to 5000 dollars)
The developer will have a function in Dapp to set the maximum value of the package that can be purchased at different times
Note: The value of packages of the Treasury on the network is calculated at the time of sending ETH and confirmed on the blockchain. Price at the time Deposit is only used for reference price, during the time from Deposit to transaction time is confirmed if the ETH price increases, the value of the package will increase, but if the price of ETH decreases, the value Package’s will decrease. And reduce by no more than 3%, If the price fluctuation exceeds 3%, the Deposit command will fail, ETH will be returned, the user needs to reactivate.
There are 3 energy wallets that need attention to be able to exploit DAB token:
Gold Wallet
Green Wallet
Mining Wallet
When you activate “Treasury Package”, then Gold Wallet will add 800% of the value of the package you purchased.
Green Wallet will add 200% of the package value at the first purchase and add 100% of the value of the package at the 2nd purchase onwards.

Every day, Mining Wallet, will receive 0.5% of the Green Wallet value and Green Wallet will decrease every day after deducting the amount flowing through the Mining Wallet the previous day.
When Mining Wallet receives a total value of 100% of the package you buy, the rate will decrease from 0.5% per day to 0.4% per day.
When Mining Wallet receives a total value of 400% of the package you purchase, the rate will decrease from 0.4% to 0.3%.
The process of exploiting token DAB will increase the difficulty over time based on the minimum value of the Wallet to exploit the wallet to be able to perform DAB token exploitation.
You can use up to 400% of Cameron’s Wallet value compared to your own Treasury Package to exploit DAB token
The amount of ETH used to purchase the Online Banking Treasury Package, will be locked by the Fund’s Reserve Fund through Smart Contract to reserve the value for DAB token, no one can interfere. this ETH amount, including developer

4. 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.

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.

More info here:

website: https://dabanking.io/

whitepaper: https://dabanking.io/static/whitepaper.pdf

Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=5146671

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

my username bitcointalk: tallylove
my URL profile bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1252517

#Dapps #DABANKING #DAB #Blockchain #ETH

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