DARICO


What is Darico?

 The security, traceability and non-governmental nature of cryptocurrencies mean they have an enormous amount to offer both as mainstream stores of value and methods of transaction. However, until the issues of accessibility and stability are successfully addressed, cryptocurrencies will find it hard to reach a wide audience.

Darico merges the incredible potential presented by the world’s two largest cryptocurrencies - Bitcoin and Ether — with the most widely understood, historically-tested, safe haven asset — gold.
By doing so, Darico offers an easy path to cryptocurrency investment that enables holders to benefit from the potential growth in value of Bitcoin and Ether, while having the comfort of knowing that their crypto assets are backed by the safety of gold.

A combination of gold, Bitcoin and Ether make up the foundations upon which Darico stands.
Funds raised in Darico’s ICO will be used to buy the assets that underpin its value. These enable long-term investors to hold their coins with confidence knowing that fluctuations caused by short-term daily trading will always be set against the real value of the assets that back them.
Considering the longer term purpose of Darico’s basket, these assets were proportionally selected based on the ‘Strategic Asset Allocation’ strategy to reduce risk related to cryptocurrencies, while being reasonably exposed to their potential growth.

Ultimately, it is gold that holds the key to a more stable and safer cryptocurrency. Its value has been tested over centuries and although it is impossible to know exactly how Bitcoin and Ether will fare in the future, we can be sure that gold will always be in demand and seen as the ultimate safe haven store of value. Also, gold has a historic correlation of zero with crypto currencies.


As well as being a coin designed to provide a more stable investment outlook, the Darico wallet will enable easy access to holdings and will provide a route to exchange that ensures higher levels of liquidity than are currently available in the crypto environment.

The development team is working on the design of client software that will include the native wallet and in the meantime, Darico coins will be held in ERC20 wallets.

The total Darico coin circulation will be limited to 240 million. Less than a third of this (32.5% or 78 million darico coins) will be issued to early investors during the ICO, with 25% or 60M coins being made publicly available and 7.5% or 18M coins being reserved for ongoing costs, team, advisors and founders. The funds raised at the ICO stage will go directly into purchasing the assets that will back the coin.

The remaining coins will be mined in a process that halves every four years similarly to bitcoin. It will take 18 years for all 240 million darico coins to be mined. The daily emission of new coins will be shared among DRX genesis account holders and will be emitted according to the number of accounts they hold. The right to receive the newly emitted coins will be transferable, along with the original investor coins.

At its base, Darico will use Ethereum’s Proof of Work (PoW) mechanism. In the future, this may change, since the Ethereum community is contemplating switching over to proof of stake (PoS) by the end of 2017. In either case, this will not alter the long-term strategy and execution of Darico.
In addition to Ethereum’s PoW protocol, Darico will leverage the smart contract application to implement its own emission protocol. We’ve called this “delegated proof of ownership” (dPOO).
This protocol will permit Darico Investor’s Genesis Accounts (DRX) to emit new coins at a certain rate. The genesis account is in fact a smart contract executing on the Ethereum virtual machine (EVM).

Details of Token Sales

  • Name: DARICO COIN
  • Symbol: DRC
  • Token Price: 1 ETH = 110 DRC
  • Support Token: ERC20
  • Total Suplay: 60,000,000 DRC


To More Info klik link below : 


Author : Sd_angeL
ETH Address : 0x789B68bEac517F49c46039363C36c41942Fb1C8F

Komentar

Posting Komentar

Postingan populer dari blog ini

CRYPTASSIST

Gambar
http://cryptassist.io/ In a fast paced and rapidly changing world of cryptocurrency, it is important for cryptocurrency owners, investors, analyst and everyone in the cryptocurrency space to be kept abreast of current trends, innovations and analysis. Abosulte control over information is an herculean task if not nearly impossible, there is increased risk of harsh user experience in the world of cryptocurrency and a rapidly advancing technology such as blockchain. In a world of hackers, fraudsters and individuals who seek to take advantage of other people's naivity, it is important to have access to tools, data, analysis and information to keep one up to date of current event happening in the everyday crypto space. Information is power, with the right tools, you are indomitable. But gathering these information from various sources proved to be a time sapping and effort consuming task. A perfect solution would be to have an ecosystem which provides these tools to everyone rang...
Baca selengkapnya

FTEC.IO

Gambar
About FTEC FTEC is an ecosystem of intelligent services and neural networks for conducting effective trading activities on cryptocurrency markets. FTEC global mission is to reduce the number of unprofessional traders. The idea behind this project is very clear and simple: to create a holistic ecosystem that will contain all the necessary tools for users with any level of experience and knowledge in the field of cryptocurrencies. FTEC already have currently running projects based on algorithms for automatic trading on cryptomarkets, they gave us a great and valuable experience and therefore we moved on to fulfill more ambitious goals. The ecosystem offers a complex of 15 original solutions for: Boosting your sales efficiency (by using smart trading systems) Saving your time (by using neuronetworks for information flow filtering) Studying the specifics of crypto trading (with the help of automatized cryptoacademy and broad database) Improving your trading strategies (by u...
Baca selengkapnya

IOTW : A cryptocurrency for IOT purchase, supply chain and after-sales services transactions

Gambar
https://iotw.io/ IOTW A cryptographic company with specific characteristics with many and current transaction encryption market that dominates the market earlier this year Partnership IOTW will be a big success in the future IOTW. Trading in the world of cryptocurrency was inevitable to fluctuate currency dollar and rise and fall of coin exchange, but this is a natural feeling of crypto trading company.In addition, the company can protect system from investment I do not have the original idea of, but of course this is a catastrophe that will be fatal by the destruction of the company. A distributed investment fund on the block chain platform for investors around the world is an effective philosophy provided by this platform. The vision and mission of the concept of mutual benefit between project owner and token owner This year, competitors from many companies acting or trading in so many markets in the world of encryption are more unique It should have functionality and creativity...
Baca selengkapnya