DABANKING

DABANKING

DABANKING is a gaming platform that is interested in what is in vogue, catch up with it and make it better.They have just one mindset and focus, they look forward to becoming a pioneering Utility Blockchain platform that will create a suitable environment where Dapps can be built with and on decentralized entertainment services, encompassed in transparency, fairness and ultimate user experience.

Lets take you into the crypto-gaming market Since the year 2008, when Mr Satoshi Nakamoto introduced Bitcoin till date, it has brought about a turnaround in the world's system today, since Bitcoin is highly transparent and trust-able, as a plus the blockchain technology and the birth of Ethereum platform added bubbles to the party, as time went on Blockchains as the likes of Tron, EOS,STEEM and the rest of its kinds are by the year steadily moving to a state of perfection, thereby paving way for the Decentralized Applications [DAPPS] season.

What are DAPP?

Dapps are decentralized applications that runs on a peer-to-peer Utility Blockchain networks. this blockchain allows developers to spread Dapps to different sectors, rating from entertainment, finance, gaming, real estate, healthcare, insurance and the whole lot of them.

What a Blockchain Gaming Market should consist of?

Currently, the gaming industry has experienced a tremendous growth, following statistic in October 2017, about 2.3 billion users are making use of industry services, thereby causing an influx of huge revenue at the sum of $105 billion yearly. The one basic issue that game developers has to deal with is the inability to differentiate and to prove the ownership of assets/properties in a game. This has unfortunately brought about constant fraud scenario. Through the use of smart contract, users will be rest assured that they are entitled to receive assets when they are connected to the blockchain.

Valuable features of games on the Blockchain Technology

It tracks and authenticates the ownership of digital asset types.

It easily exchanges digital assets with high liquidity.

It reduces the cost for intermediaries

It integrates blockchain into games, thereby increasing competition against local games.

It secures payment system that based on blockchain.

WHAT IS DAB TOKEN?

I want you to know that DAB token is a token that will run the DABANKING platform and DAB is used as a token platform for the development of DABANKING community . Remember, DABANKING is planning to create their own blockchain and when this is finally done, this DAB token will in the nearest future be swapped to DABANKING blockchain from ETHEREUM blockchain .

This swap is expected to take place when DABANKING blockchain is finally launched.

Interestingly , DAB token has a total supply of 200 million DAB token and users can only obtain DAB token via a mining process on the DABANKING platform. It is so serious that even the DABANKING Developer cannot obtain DAB token in any other way except through the use of MINING WALLET to mine DAB the token.

*ABOUT DAB TOKEN MINING*

In mining DAB token successfully, there are certain things that are expected of users who are interested in mining.

First, users are requested to buy what is Called “TREASURY PACKAGED” This treasury packaged can be bought with a minimum amount of $200 worth of ETH. Also according to Developer’s discretion, users can buy up to a maximum amount of $5000 worth of treasury package.

I will like you to know that the TTRESURY PACKAGE is calculated in value at the time a user deposits ETH and the ETH is confirmed by the blockchain . That means the deposited ETH for the TREASURY PACKAGE has to get confirmed before its value can be calculated. if there is an increase in price between the time a user Deposits ETH and the Time the ETH is actually confirmed , that means the value of the TREASURY PACKAGE will increase accordingly .And if the there is a fall in ETH price the price of TREASURY PACKAGE will also reduce but the reduction cannot exceed 3%. In case the ETH price reduces more than 3% , the deposit will fail and the user will be requested to start the deposit all over again.

*THE MINING WALLETS*

In exploiting DAB token there are 3 different types of energy Wallets that are required, these are: GOLD WALLET, GREEN WALLET and MINING WALLET. When the TREASURY PACKAGED is activated, the GOLD WALLET will add 800% of the value of the package a user paid for and the GREEN wallet will add 200% of the package value at the first purchase of package and will also add 100% of the value of the package at the second package and beyond.

This is an example of how it works, if a user purchases TREASURY PACKAGE worth $1000 for the first time, such user will have $8000 in his or her GOLD WALLET and will have $2000 in his or her GREEN WALLET for the first time of buying the package

the MINING WALLET is designed in such a way that every day it will receive 0.5% of the value of GREEN WALLET and the amount in the GREEN WALLET is reduce every day after deducting the amount flowing through the MINING WALLET of the previous day.

*AN EXAMPLE OF HOW THE WALLET WORKS*

For 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.

Every day “Mining Wallet” will receive 0.5% the value of “Green Wallet” and “Green Wallet” will decrease each day after deducting the amount flowing through the “Mining Wallet” of the previous day.

That is to say: You buy a $1000 package and your “Green Wallet” has $2000.

1st day: 0.5% of $2000 is $10 will flow through “Mining Wallet” and “Green Wallet” remaining $1990

2nd day: 0.5% of $1990 is $9.95 will flow through “Mining Wallet” and “Green Wallet” remaining $1980.05

3rd day: 0.5% of $1980.05 is $9,90025 will flow through “Mining Wallet” and “Green Wallet” remaining $1970,14975

Some Utility Blockchain projects are quite successful, such as Tron, EOS, STEEM, etc. Gradually approaching its completion, opening the Era of Decentralized Applications (Dapps).

* DAB Tokens *

1. DAB Mining Strategy

In the first phase, DABANKING will use Ethereum Blockchain to build a community of users by distributing DAB tokens based on the theory of the POC algorithm (Proof Of Contribution). This is the mining token algorithm by "Dedication Proof" when locking ETH into a "reserve fund value" for DAB tokens.

2. Token DAB

DAB is a token platform for the development of the DABANKING community and will be exchanged for the DABANKING blockchain itself when the DABANKING Blockchain is officially announced.

The maximum total supply of DAB tokens in a Smart Contract is 200,000,000 DAB and the only way to get a DAB Token is to use a "Mining Wallet".

DABANKING Developers cannot have other methods to obtain DAB Tokens other than exploiting as normal users through ‘’ Mining Wallet.

3. Mining Token DAB

To mine, DAB Token users need to buy a "Treasury Package" with a minimum amount of ETH $ 200 (Price based on Coinmarketcap.com) and maximum packages allowed by the developer at different times (Maximum "Treasury Package" up to $ 5000).

The developer will have a function on Dapp to set the maximum package value that can be purchased at different times

Note: The "Treasury Package" value is calculated when depositing ETH and confirmed on the blockchain. The price at the time of deposit is only used for the reference price, during the time from the deposit until when the transaction is confirmed if the ETH price rises, the package value will increase, but if the ETH price decreases, the value of the package will decrease. And reduce no more than 3%, If price fluctuations exceed 3%, Deposit orders will fail, ETH will be returned, the user must operate again.

There are 3 energy wallets that need to be considered to be able to exploit the DAB token: namely: Gold Wallet

Green Wallet

Wallet Mining

Provisions to join DABANKING

To use the DABANKING platform, you must have:

Metamask Wallet installed on your computer or TrustWallet

*DISTRIBUSI TOKEN*

90% DAB Token Reserve Fund

3% Pemasaran

3% Pengembangan produk

2% Mitra (pertukaran, Penasihat …)

2% Cadangan Token DAB (Tukar DAA …)

Setiap kali menerima ETH atau DAB Token, Kontrak Cerdas dana cadangan akan segera mengunci 90% dan mengekstraksi 10% ke dalam dana pengembang untuk mengimplementasikan item.

*How to join DABANKING*

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.

*DAA Token*

DAA Token has a maximum supply of 20,000,000 DAA and is gradually exploited when users buy tickets and play games with ETH and this is the only way to get a DAA token.

DAA Token mining process has 10 stages, each stage has 10 rounds, maximum of 200,000 DAA is exploited each round.

In the first round when you buy a ticket or lose a game with an amount of 0.05 ETH, 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 play a game that wins at the first round, you need a volume of 0.055 to successfully exploit 1.66666667 DAA and receive 1 DAA.

*DAA Token Distribution*

• 60% is reserved for miners

• 20% reserved for product development

• 10% reserved for marketing

• 10% reserved for the partners

All the DAA tokens will be in the token pool when the community will play games. 50% of DAA tokens will automatically be burnt in the token pool in every two weeks. While burning DAA tokens in the pool, DAA tokens in developer’s wallet will also burn at 60:40 rate i.e. with 6 tokens burnt in token pools, 4 tokens will burn in developer’s wallet.

*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.

Dabanking aims to bring entertainment at the disposal of users through decentralized applications (Dapp) platform. The team has divided its plan into two phases: Phase 1 and Phase 2

Phase 1

Q4 2018-Q1 2019: Creation of development team along with the development of plan and preparation of foundation technology.

Q2 2019: Introduction of the gaming ecosystem on Dapp and development of DAB token community.

Q3 2019: Listing DAA and DAB tokens on the exchange list and inception of new games.

Q4 2019: Addition of new games and enabling swap port from DAA to DAB.

Phase 2

Once the community of Dabanking crosses its 3 million users mark, they will introduce their own Blockchain and swap it with the DAB tokens.

for more information :

EBSITE https://dabanking.io/

ANN https://bitcointalk.org/index.php?topic=5146671.0

BOUNTY https://bitcointalk.org/index.php?topic=5146696.new#new

WHITEPAPER http://dabanking.io/static/whitepaper.pdf