The introduction of the blockchain technology about a decade ago has brought about transformation in most sectors of the global economy. Most projects are leveraging on the unique features of the blockchain which include transparency, security, trust, Decentralization, safe as well as low cost to offer effective and efficient services to their clients.
Although the blockchain so far has a huge market capitalization, the number of people adopting this innovative technology is still very low. This is as a result of some difficulties associated with the use of the blockchain technology especially to people who are not technologically inclined. Over the years, there are a lot of Applications that have been created using the blockchain technology. Although the blockchain technology has been designed to make Decentralized Application more transparent, flexible, distributed, and with incentives to users, yet creating DApp is still difficulty and meant for professionals alone.
But the good news is that DABANKING has been created as a Decentralized App ( DApp) with some unique features that will make it to stand out among other DApps in the crypto world and enable easy creation of different DApps by project developers.
As a result of the challenges faced by developers while trying to create DApp, a team of professionals and experienced hands in blockchain technology , Games , App developing and related fields have created DABANKING with all the tools that will make it to be the pioneering utility on the Blockchain that will allow Developers to create DApps with Decentralized entertainment services that is characterized with fairness, safety, transparency and security to give users a great experience with a user friendly interface. However, Fomo jacpot lottery program ( Fomo Game) is created as one of the first DApp products of DABANKING platform on the blockchain technology .
By 2019, decentralized applications (Dapps) are becoming increasingly popular because of their superior advantages over traditional applications, especially based on the existing Blockchain platform with overcrowded users. In addition, dApp has the ability to run on peer-to-peer networks, not just from traditional servers; therefore, information from users is not subject to the control of any company entity or entity.Dapps give maximum privileges to users because of the unprecedented superiority of applications through transparency, stability and high security when used. Capturing that trend, The DABANKING project was born with a noble mission to become a Blockchain Utility platform in creating an environment to build Dapps with decentralized entertainment services with transparency, fairness and optimal user experience.
The main purpose of creating DABANKING using the blockchain technology is to leverage on the features of blockchain to develop some interesting Games for users. With the unique characteristics of the blockchain , Users will be able to Tract and authenticate the real owner of different digital assets in order to avoid fraud. Also, with the use of DABANKING on blockchain, the cost of DApp development will be reduced for third party. Based on blockchain technology still, there is a great advantage of carrying out a secure transaction anytime any moment. Apart from the fun and satisfaction derived from playing Games on blockchain it also raises the level of competition when compared to the traditional Gaming system. Like the Fomo Game, users can easily make money in a transparent manner while having fun playing the game, courtesy of the blockchain technology.
In recent years we have still witnessed a strong rise and rapid growth of the gaming industry. According to a report on 10/2017, there are 2.3 billion users who use this industry service, generating large revenues of $ 105 billion every year. A common problem in game development today is the inability to prove the existence and ownership of in-game assets, causing a lot of fraud . Smart contracts allow users to feel confident that they will receive assets / goods that are authenticated when they are bound by the blockchain. Exchanging in-game items is now a profitable industry that is estimated to reach $ 50 billion and is expected to increase rapidly. "Unique" non-commensurate tokens are one of the most important contributions that blockchain has given to the gaming industry. Each token has a unique identity that represents a type of virtual asset. These virtual assets can be bought and sold on any decentralized trading platform, eliminating unnecessary costs and risks from third parties. These digital items can be anything from game skins to virtual cards with high rarity.
Games developed with Blockchain Technology can present valuable features such as:
To use the DABANKING platform, you must have:
The Team of DABANKING has created a utility token called DAA token which will serve as the major driver of the DABANKING ecosystem.
With the low maximum supply of 20million DAA only, the only way to earn is that users or any crypto enthusiast who needs DAA token must buy a ticket which they will use in playing Games using Eth.
The DAA Token has a maximum inventory of 20,000,000 DAA and is gradually being exploited when users buy tickets and play games with ETH and this is the only way to get DAA tokens. The DAA Token will be registered in the free exchange and the DABANKING developer will use the DAA redemption token to the DAB token at the appropriate rate at different times.
DAA has divided its mining process into 10 different stages, for every stage there are 10 rounds and only a maximum OF 200,000 DAA is exploited within every round of mining .therefore, when a user buys a ticket in the first round or perhaps lose a game with an amount of 0.05 Eth, it then means the user has been able to mine 1.66666667 DAA . The mined DAA token will be shared into 60% and 40% respectively. 60% of 1.66666667 that the user mined is equivalent to 1.0 DAA and 40% is equivalent to 0.66666667 DAA. With this, 1.0 DAA (60%) will be sent to user’s wallet while the 0.66666667 ( 40%) will be sent to developers wallet .
DAA token can be used in playing Games in the place of Eth. Users Earn Eth every two weeks by staking / holding DAA token. The team is also planning to carry out a token burn program which will eventually reduce the amount of DAA token in circulation and the maximum supply thereby increasing the value of the token allowing users to make profits.
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#Dapps #DABANKING #DAB #Blockchain #ETH
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unyun https://bitcointalk.org/index.php?action=profile;u=2430867
