Introduction
As we very well know,in our world today, there are things that spice up our day to day activities. After work we want to rest, relax and get our mind busy with something soothing. There are a lot of means by which we can ease ourselves from stress, and they include singing, listening to music, dancing or GAMING. There are so many games on our mobile phones and on net that will typically blow ones mind. Rating from educative games to adventurous games, its innumerable.
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.
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 TREASURY 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.
Understanding How to Use DAA and DAB Token
Blockchain technology is believed to have revolutionized the entertainment industry. Keeping this in mind, DABANKING was created with the hope to enable environment to build Dapp by using the blockchain platform. DABANKING is keen to build a novel gaming ecosystem on Dapp which can help to effectively exploit entertainment market and provide the best service to avid gamers.
However, it is important to learn the ropes of the game and understand how to use DAA and DAB Token to earn lucrative amount of income.
Using the DAB Token
DABANKING basically uses Ethereum Blockchain to build user’s community. This is done by distributing DAB Token based on theory of POC algorithm (Proof of Contribution).
This is a mining token algorithm by “Dedication Proof” when lock ETH into “value reserve fund” for token DAB. Gamers can obtain DAB Token by using the “Mining Wallet”. The maximum total supply of token DAB in Smart Contract is 200,000,000 DAB.
For mining DAB Token, users need to buy “Treasury Package”. The “Treasury Package” can be bought with a minimum amount of ETH of $ 200 — the price is based oncoinmarketcap.com — and the maximum package is allowed by the developer at different times which is up to $ 5000.
The Energy Wallets
If you are a game aficionado using DABANKING, make sure to learn to exploit the three energy wallets. Those are:
Gold Wallet
Green Wallet
Mining Wallet
As soon as you activate the “Treasury Package”, 800% of the value of package that you have already purchased will be added to your “Gold Wallet”.
Similarly, “Green Wallet” will add 200% of the package value at the first purchase. Later, it will add 100% of the value of the package at the 2nd purchase.
As far as “Mining Wallet” is concerned, it will receive 0.5% the value of “Green Wallet” every day. The “Green Wallet” will decrease each day after deducting the amount flowing through the “Mining Wallet” of the previous day.
It is worthwhile to remember that the larger the “Green Wallet” you possess, the more energy flows into the “Mining wallet” every day. In this way, your “Mining Wallet” may get up to 10 times (1000%) the value of the purchased package.
The Difficulty Level
The difficulty level will increase gradually with the DAB Token mining based on the minimum value of “Mining Wallet” to be able to perform a mining DAB token.
The amount of ETH that was used to purchase “Treasury Package” will be locked by the “Reserve Fund” with the help of a Smart Contract to reserve the value for the DAB token, no one can interfere with this ETH amount including the DABANKING’s developer. The only way to get the ETH out of the reserve fund is to transfer the DAB token back to Smart Contract.
Using the DAA Token
DAA Token has a maximum supply of 20,000,000 DAA. This token is exploited as soon as users buy tickets and play games with ETH. This is precisely, the only way to get a DAA token.
Stages in DAA Token
There are 10 stages in DAA Token mining process. Each stage consists of 10 rounds and there are a total of 100 rounds. With each round, the mining difficulty will increase gradually.
Playing with DAA Token
If you lose a game in the first round after buying the ticket with an amount of 0.05 ETH then this means 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 win in the first round, you need a volume of 0.055 to successfully exploit 1.66666667 DAA and get 1 DAA.
No matter how much ETH you use to play, you still get the DAA token number that follows this ratio.
The DAA Token will be listed on the free exchange and the developer DABANKING will deploy swapping token DAA to token DAB with appropriate rates at each different time.
Conclusion
Playing with DAA and DAB token is fun and easy if only you understand the rules of using it. It’s not a rocket science and with little smart work you can use it to earn a great deal of money.
Our site :
Website: https://dabanking.io/
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5146671.msg51190430#msg51190430
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Whitepaper: http://dabanking.io/static/whitepaper.pdf
Medium: https://medium.com/@dabanking.io
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Discord: https://discordapp.com/invite/uqfMjYV
Youtube: https://www.youtube.com/channel/UCQbGkMKlxM7JdBY89S9UcIA
Profil btt : https://bitcointalk.org/index.php?action=profile;u=2280022
Eth addres : 0xdDe4F7782EE2fA6e6801CA5C2c610390F0d28ae1
Author :Nakatami
