Since the beginning of Bitcoin being introduced as crypto currency, as open source software, DA Bank started function with the mission of changing the payment and trading goods system through a new currency. This bitcoin has created many advantages in the transaction scenario, such as security, freedom, and achieve high level control for users. This is completely a transparent platform. These benefits of bitcoin are enabled by Blockchain technology, which is a new invention that creates a decentralized network based on the peer-to-peer protocol networks. This will allow all computers in that network to become a server and thus make a big difference to the centralized network.
This Blockchain technology towards the end of 2017 resonated with software developers and with the intimate attention from government, financial funds, investors, banking organizations and other social classes. This made it attract hundred of billions of dollars and thus create a successful financial market. This has promoted Blockchain projects.
This continuous success has given a tremendous growth to DApps in 2019 with the Dapps project growing in huge numbers.
Potentials of DApps
The main reasons for Dapps — Decentralized applications to become hugely popular is for their superior advantages over the traditional applications that is based on the present BlockChain platforms with many numbers of users.
Dapps offers enormous privileges for its users. Being trending, DABanking project was created with the core mission to be the pioneer platform in creating a favorable environment to build Dapps with a decentralized entertainment services, which are highly transparent, fair and that offers optimal user experience. https://dabanking.io/home helps you gain more details you may require to become a registered user.
BlockChain Gaming Market
The gaming industry is experiencing a strong rise and rapid growth with over 2.3 billion users across the globe. This is generating a huge revenue of 5105 billion every year. The smart contract that is being made enables the users to be confident about them receiving authenticated items and assets when bound by blockchain. The digital items involved can be ranging from game skins to the virtual cards.
Features of Games developed by Blockchain Technology:
• Track and authenticate ownership of digital asset types
• Easily exchange digital assets with high liquidity
• Reduce the cost for third parties
• Secure payment system that is based on the blockchain
• Integrate blockchain into the game you have to increase the competitiveness against any traditional games
Rules / Conditions to join DABanking
To use the DABanking platform, there are a few things that the members or users must have and they include;
• Metamask wallet
• Trust wallet
Fomo Jackpot and FomoGame
Fomo Jackpot is the first Dapp product of DAbanking. This is the lottery program, which his based on blockchain technology with the Dapp game, as a collective is called Fomogame. This helps the participants get entertained and increase their income easily. This FomoJackpot creates an opportunity for the player to win even with the small amount of 0.002 ETF for one ticket. Thereby, by joining this platform you get an opportunity to win rewards up to thousands of ETG at low cost.
The starting price of the ticket is 0.002 ETH and it increases as Gold clock starts running. Therefore, the highest ticket price will be 0.006 ETH.
The allocation of ETH Ticket purchased;
• 50% to award
• 20% Instant Income
• 17% Referral Income
• 10% of dividends
• 3% Develop new products
50% — Diamond chest
20% Ruby chest
5% Gold Chest
4% Silver chest
1% Drawer Prize
20% Next Round
In the Dimond chest, the ETH amount will be allocated to the
Lucky people, as described below;
50% for 1 lucky winner with the Jackpot Prize
10% for each of 5 other winners in large price (50%)
In Ruby Chest , the winner is counted at the time of transaction is verified and the last recorded on BlockChain before the time 1 of 2 watches turn 0.
In gold Chest the Master Key Prize is awarded to the one who bought most ticket via ETH before 1 of 2 watches turn 0.
In the silver chest the Ultimate Award is awarded to the one with total sales of tickets coming from largest F1, and each taking no more than 1 ETH to calculate.
The Drawer Prize is given to the person who executes first “Draw Now” successfully and he will be rewarded with 60010 of Drawer Prize. The remaining 4 people will receive each 10% of prize. The “Draw Now” will begin when 1 of 2 watches returns to 0.
For the Next Round, 20% of ETH prize pool will be automatically transferred to next round and this is done to ensure that prizes are available at the begging of every round. This will help to develop other following rounds.
DATA Token Mining
The DAA Token has the maximum support of 20,000,000 DAA. This will be gradually exploited with the users buy tickets and start playing the game with ETH. This will be the only way to get DAA token. This DAA token mining process will have 10 stages and each has 10 rounds with the total 100 rounds. The difficulty in mining will increase gradually with each round the player progress
DAA Token is listed on free exchange and DABanking developer will deploy swapping token DAA to the token DAB with an appropriate rates at various time.
DAA Token Distribution
60% for Miners
20% for Product Development
10% for Marketing
10% for Partner
Soon each round begins, faster the player buy the ticket with higher Winning Multiplier, more the opportunities he gets to increase his income up to maximum 650% of the amount spent at Zero Round. And up to 500% of money is spent from Round 1.
The Winning Multiplier co-efficient is calculated by total number of tickets purchased and when total of 44,230 ticket is purchased, the Wining Multiplier will return to x1.
The Winning Multiplier coefficient decreases from x25 down to xl based on the number of tickets purchased at the begging of each round.
Coefficient as Follows;
On introducing a new comer buying the ticket through your referral link, then you get an unlimited income up to 17% for the 10 levels, as follow:
On buying the ticket, you get an opportunity to win a big amount of ETH in 4 treasures :
Accompanying is the reward value of “Drawer” prize
70% or ETH in the pool will be divided equally to all accounts that have the frozen DAA token
30% of dividends pool will be added to next 2 week dividend pool
At the end of dividend payment, DAA tokens will be unfrozen and need to be frozen again to receive the next dividend round.
DABanking updates new games every quarter to fulfill the entertainment needs and increase the income for community. The DABanking will deploy Fomodice games first and updates FomoWatch, FomoDuel and others.
The players can play with ETH or DAA token. You can also play directly with ERC 20 wallet containing ETH, however, need to Deposit token to system’s virtual wallet before playing, as the Smart Contract of Ethereum will not allow direct token from the ERC20 wallet for playing.
DABanking aims functioning at long-term development to bring the entertainment services to decentralized application platform. This gives back power to the users. The development team will come up with long-term strategies for making DABanking a powerful ecosystem, which allows millions of customers to experience the service.
• 04/2018-Q1/2019: Build a development team / Prepare a detail plan / Prepare technology foundation.
• 02/2019: Introduce game officially ecosystem on DApp / Start to develop DAB Token minning community
• 03/2019: List DAA Token / DAB Token on free exchanges / integrate new games
• 04/2019: Open the Swap port from the DAA Token to DAB Token for users / Add new Game Dapp
DABanking will announce its BlockChain when the community reaches 3 million users.
It then conducts swapping DAB Token to new DABanking Blockchain
FOR MORE INFORMATION
ANN Thread: https://bitcointalk.org/index.php?topic=5146671.new#new
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