Believe is indeed the father of all achievements! When the
first Bitcoins were unearthed in January 2009, only one or two of people paid
attention. In a histrionic turnaround, as we speak, millions of people hold a variety
of crypto-currencies, employing them to buy and sell goods and services or as
stores of value, just as we all do with the fiat currencies that we hold in our
wallets and bank accounts. Bitcoin may be used in the same way as old-fashioned
money but that doesn’t mean it functions in the same way. Cryptocurrencies are
not issued by a principal authority and because of that they can be exchanged
in complete self-confidence without the need for third party authentication;
they experience very low business fees. This mishmash of low fees and built-in substantiation
has proven widespread, motivating its use and increasing Bitcoin’s worth.
This value is tied to a dominant
supply and demand dynamic derived from a limit that has been placed on the
total number of Bitcoins that can ever be created (21 million). Combine this
with the snowballing struggle of the cryptographic problem-solving that’s
needed to mine them and these properties ensure that Bitcoin’s value is linked as
the crow flies to it usage and is not watered down by inflation. It is in an
effort to give the newest virtual currency market a swank that https://darico.io/ was created as a completely
decentralized Bionetwork built around and for people.
A mixture of gold, Bitcoin and Ether make up the nitty-gritties
upon which Darico anchors on. As shown in the diagram below, DARICO combines
different variables to connect all participants in the cryptocurrency market
together in a bid to make the system better for the present times and in the
not-too far future.
In course of the crowd-sale, the fund that the platform will
generate in Darico’s ICO as a corollary and technical experience will be
recycled to buy the assets that underprop its worth. These will facilitate
long-term shareholders to hold their coins with self-assurance knowing that ebb
and flow caused by short-term everyday interchange will always be set against
the real worth of the assets that back them. Bearing in mind the longer term determination
of Darico's basket, these assets were correspondingly selected based on the
'Strategic Asset Allocation' stratagem to moderate risk related to crypto-currencies,
while being levelheadedly exposed to their impending growth. In due course, it
is gold that holds the key to a more unwavering and innocuous crypto-currency.
Its value has been tested over centuries and although it is unmanageable to
know precisely how Bitcoin and Ether will fare in the future, the platform is
confident that for sure gold will always be in demand and seen as the ultimate
safe anchorage store of value. Also, gold has a momentous relationship of zero
with crypto-currencies.
The platform is a very technical one but with a simplified
approach to enable new-comers understand the dynamism of the market, thus to
get comprehensive details of how the ecosystem affects everyday reality without
chauvinism; download ‘White Paper’ at https://darico.io/Darico-Whitepaper.pdf. The project will work with the instrumentality
of the token, hence the token that will be employed to transact, seal deals and
invest for the future will be the ‘DARICO’ coin (DRC). It is a complete ERC20
utility token. Smart contract tailored towards that direction of a methodical
manner as shown in the diagram below.
In addition, the Darico Genesis Account (DRX) is an ERC23
Token given the right to receive new DRC (Darico Coin) which will be auto-mined
during their imprinting horizon at the same address as where the DRX is held. During
Pre-ICO, 110 DRC token will be equal to 1 ETH. 60 Million Darico will be sold
within 6 months duration, with each stage yielding more bonuses DRC than the
previous one. However, if by the end of the ICO the platform hasn’t achieved their
overall goal of selling 60 Million Darico, the excess coins will be burnt in
order to preserve value and keep the platform’s investors safe. The
illustration that follows gives a better explanation of the token offer and its
paraphernalia.
Pre-ICO is live now. ICO proper comes up at the first quarter
of 2018. To get details of token’s sales as well as terms and conditions of
participation, click https://darico.io/#roadmap.
You can also take extra steps to connect with other
participants through the platform’s social media community, simply visit;
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