The Darico Ecosystem gives people all the tools need to operate successfully in the crypto economy. Darico’s complete solution lets people monitor, trade, invest and spend cryptocurrencies all from one integrated ecosystem.
Darico aims to use up to 50% of the proceeds obtained from the sale of Darico Ecosystem Coins during the Public Sale Period to purchase Gold, BTC and ETH in the following proportions: 35% gold, 55% BTC and 10% ETH (the “Liquidity Pool”).
The Darico Ecosystem
The Darico Ecosystem has been designed specifically for people to be able to monitor, trade, invest and spend their various types of cryptocurrencies fast, effectively and with ease. The Ecosystem is providing professional-standard and user-friendly investment tools, which enable people to make informed cryptocurrency investment decisions. Holders of Darico Ecosystem Coins will receive access to the entire Darico Ecosystem (the “Darico Ecosystem”) including:
– the Darico Wallet, Gnius
– the Darico Terminal, Nyus
– the Darico Debit Card, DePay
– the Darico Cryptocurrency Exchange, DarEX
– the Darico Index Fund, CHawk
– The Darico Liquidity Pool
A secure, 2FA multi-coin (ERC20, BTC and more) wallet suitable for all crypto investors will be the first Ecosystem product to be launched and will also include the integration of a Debit Card. The Darico Wallet will be available at www.darico.io/wallet from mid March 2018. It will be subscription based for DEC holders and there will be mobile and desktop versions of the Darico Wallet available.
A practical solution to the problem of illiquidity (DePay)
The Darico Debit Card will play a key role in solving the issue of illiquidity, which has troubled cryptocurrencies since their inception. Through the Darico Ecosystem Coin-holders will finally be able to use cryptocurrencies for everyday fiat transactions by using the Darico Debit Card. The Debit Card solution linked with the Darico Wallet will instantly exchange cryptocurrency for fiat currency to enable the use of DEC and other cryptocurrencies as payment for purchases priced in fiat currencies. If the user has a portfolio of different currencies he will at any time be able to switch to the desired cryptocurrency to spend from.
Darico Liquidity Pool
Darico aims to use up to 50% of the proceeds obtained from the sale of Darico Ecosystem Coins during the Public Sale Period to purchase Gold, BTC and ETH in the following proportions: 35% gold, 55% BTC and 10% ETH. These assets will be kept in reserve to ensure DEC stability (the “Liquidity Pool”). Upon reaching the hard cap of selling the 72,000,000 DEC on offer during the Public Sale Period, Darico aims to keep 50% of the proceeds in the Liquidity Pool.
DEC is an ERC-20 compliant token issued on the Ethereum blockchain. It is designed to give the holders access to the products and services available in the Darico Ecosystem. As the Darico Ecosystem gains users the demand for DEC will grow. As people will need it to pay for services such as the use of the Darico Terminal, Debit Card and Wallet, Once the Darico Blockchain is released all of the DEC (ERC-20) holders will receive the new DEC coin which will be used to fuel the Darico Blockchain, and thereby bringing all of the ecosystem components together. DEC will be the native token used in the Blockchain and will be used to facilitate all of the operations conducted on the network.
DEC are intended to be used in the Darico Ecosystem to:
– Pay subscription fees to access Darico Wallet services.
– Pay subscription fees to access Darico Terminal service.
– Link Darico Wallet to the Darico Debit Card so that payment in fiat can be made
– Pay discounted trading fees and commissions of the Darico Exchange and to receive any bonuses and rewards offered by the Exchange to DEC holders.
– Subscribe to units in the Darico Index Fund and to receive discounts on subscription and redemption fees and, potentially, certain bonuses and rewards.
– The Darico Blockchain, once developed, will be fueled by DEC through transaction fees and subscriptions and other fees.
– Bonuses and rewards will be available for DEC holders operating on the Darico Blockchain as extra incentives for using DEC.
Darico Ecosystem Coin circulation
The total DEC circulation will be limited to 120,000,000 DEC with 60% (72,000,000 DEC), being made available during the Public Sale Period.
The DEC will be distributed as follows:
Public Sale Period = 60% (72,000,000 DEC)
Team = 15% (18,000,000 DEC)
Reserve = 15% (18,000,000 DEC)
Advisers, Bounty, Partners and Others = 10% (12,000,000 DEC)