DAB Token Mining
DABANKING
DABANKING inspired by perpetual motion theory to build strategies for distributing DAB token as well as developing future game applications. We aim to create the best community and focus on project development at all times. Dabanking development team truly believes at any time there would be a certain attraction from the community to inspire participation even when it is just starting or slowing down.
DAB Token Mining
- To mining, DAB Token you need to buy “Treasurry Packaged” with a min. amount of ETH of $ 200 and the max package is allowed by the developer at different times (The max “Treasury Packaged” is up to $ 5000)
- The developer have a function in Dapp to set the max value of the package that can be purchased at different times.
Note: The “Treasury Package” value is calculate by the time of depositing ETH and confirmed on the blockchain. Price at the time Depositing is only used for reference price, during the time from Depositing to the time the completeing transaction if the ETH price increment, the value of the package will also increase, but if the price of ETH decreases, the value of the package will reduce. And reduce by no more than 3%, If the price reduction exceeds 3%, the Deposit order will fail, ETH will be returned, the user needs to re-operate.
Understanding Energy wallet Concept
There are 3 energy wallets that need to be concerned to be able to exploit the 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 have purchased.
“Green Wallet” will be added 200% of the package value at the 1st purchase and will be added 100% of the value of the package from the 2nd purchase onwards.
As an example: If you buy Treasury Package for the first time with the value of $1000, you will have $8000 in “Gold Wallet” and $2000 in “Green Wallet” for the first purchase.
Everyday “Mining Wallet” will get 0.5% the value of “Green Wallet” and “Green Wallet” value will be decreased each day after deducting the amount gone to the “Mining Wallet” of the previous day.
When “Mining Wallet” received a value of 100% the package you bought, the rate will be decreased from 0.5% per day to 0.4% per day.
When “Mining Wallet” received a value of 400% the package you bought, the rate will be decreased from 0.4% to 0.3%.
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, none can interfere with this ETH amount including the DABANKING’s developer. The only way to take the ETH from the reserve fund is to transfer the DAB token to Smart Contract. Now the reserve fund is over 3000ETH.
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.
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.
DAA Token Distribution
60% for Miners
20% for Product Development
10% for Marketing
10% for Partner
Conclusion
Mining DAB token is fun and easy if only you understand the rules of using it. It’s not a rocket science and with little brain use you can earn a great deal of money.
Follow Dabanking:
#Dapps #DABANKING #DAB #Blockchain #ETH
Website: https://fomo.dabanking.io/home
🔹Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5146671.msg51190430#msg51190430
🔸Telegram: https://t.me/DABANKINGOFFICIAL
🔹Reddit: https://www.reddit.com/user/dabanking_official
🔹Whitepaper: http://dabanking.io/static/whitepaper.pdf
🔸Medium: https://medium.com/@dabanking.io
🔹Twitter: https://twitter.com/Dabanking_io
🔸Facebook: https://www.facebook.com/dabanking.io/
🔹Discord: https://discordapp.com/invite/uqfMjYV
🔸Youtube: https://www.youtube.com/channel/UCQbGkMKlxM7JdBY89S9UcIA
Author’s bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2646618