Dabanking

Piyumi Madushani
5 min readJul 22, 2019

The gaming exchange items are currently one of the most profitable industries with an estimated market of $50 billion and is expected to grow rapidly. One of the most shocking contributions to to the gaming industry by blockchain is Unique disparate tokens itself. Each token has a identifier represented by the type of a virtual asset. Virtual assets can be bought and sold on any decentralized exchange platform, which eliminates the unnecessary costs and risks from third parties. Virtual assets could be anything from gaming skins to to virtual cards with great rarity. The most common problem in game development at the present day is the the impossibility of proving the existence and ownership of gaming assets, which eventually leads to fraud. Smart contracts gives the confidence and trust to users that they will receive assets that are authenticated when they are linked by the the blockchain.

Some of the problems currently affecting the existing gaming platforms include: manipulation, lack of transparency, insecurity, delayed payouts, and some others. DABANKING will solve these major issues and various other problems and revolutionize the entire gaming industry. It has been known for a while that some of the existing gaming platforms always manipulate gaming results and influence them in favor of the same industry. This manipulation is being done in a way that the players has no idea what isgoing on, and all they can see was the loss on their side. Launching the DABANKING platform will restore the trust and bring more transparency to the game world.

What is DABANKING ?

DABANKING is an gaming platform Dapp with leading developers with years of experience with them and aiming to become one of the leading companies in the development of Dapp. DABANKING developers focus on the major elements like transparency, security and value creation to provide financial resources and entertainment to people all over the globe. First stage DABANKING use the foundation of Ethereum Blockchain, and then develop their own platform, created by a team of founders to collaborate with many other developers to expand the global ecosystem.

DAB Token Mining System Structure

You can buy “Treasury Package” from Mining Wallet, ETH wallet or DAB Wallet. “Mining Wallet” can only be transferred to the above or below account in your system.

  • 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

Note: The “Treasury Package” value is calculated at the time of depositing ETH and confirmed on the blockchain. Price at the time Deposit is only used for reference price, during the time from Deposit to the time the transaction is confirmed if the ETH price increases, the value of the package will increase, but if the price of ETH decreases, the value of the package will decrease. And reduce by no more than 3%, If the price fluctuation exceeds 3%, the Deposit order will fail, ETH will be returned, the user needs to re-operate.

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 add 200% of the package value at the first purchase and add 100% of the value of the package at the 2nd purchase onwards.

Rank Mining Bonus

There are total 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.

DAB Token

The DABANKING team created a service token called DAB token, which will be the main driver of the DABANKING ecosystem.

DABANKING Token Details=>

  • Token Symbol => DAB
  • Token Type => ERC20
  • Total Supply => 20,000,000 DAB

TOKEN Distribution

  • 60% DAB allocated to miners
  • 20% DAB allocated to product development
  • 10% DAB allocated to marketing
  • 10% DAB allocated to partners

DABANKING Products

FOMOJACKPOT and FOMOGAME are products of the DABANKING project, based on a lottery lottery. They are independent lottery systems with a high degree of security and transparency.

Conclusion

It is very clear to everyone that the Blockchain technology will lead the entertainment industry to a whole new level. A particularly promising market for gaming units with many opportunities, from understand this new market opportunity and trend, the DABANKING team will focus on building the Dapp gaming ecosystem, using efficient entertainment market and using the the DABANKING platform.

#Dapps #DABANKING #DAB #Blockchain #ETH

DABANKING Project Information :

Website: http://dabanking.io

Twitter: https://twitter.com/Dabanking_io

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

Telegram channel: https://t.me/DABANKINGNEWS

Telegram: https://t.me/DABANKINGOFFICIAL

Youtube: http://bit.ly/2VYtVOV

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

Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2646618

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