Gold-backed Darico gets set for unalloyed ICO success

Darico

Over the past year, a new business model has emerged that allows entrepreneurs and projects of all kinds to generate revenue and enable private individuals to gain access to tokens for projects they support. This led to Cambrian innovation explosions and allowed people from all over the world to participate Non-technical people will now have the opportunity to purchase tokens from projects they love, and allow businessmen and project teams to reach these people as candidates customer.

INTRODUCTION

Darico is an asset-backed cryptocurrency designed specifically to provide more secure and accessible gates for cryptocurrency investments than is currently available. Security, tracking capabilities and non-governmental cryptocurrency properties mean they have very large numbers. to offer both as the main deposit of value and transaction method. However, until accessibility and stability issues are successfully addressed, crypto will be difficult to reach audiences widely.

Darico combines the tremendous potential provided by the two largest cryptocurrencies - Bitcoin and Ether - with the most widely understood, historically tested, secure gold assets stored. Thus Darico offers an easy path to cryptocurrency investment that allows holders to benefit from the potential growth of Bitcoin and Ether values, while having the comfort to know that their crypto assets are backed by gold security.

NO LIQUIDITY

The second challenge faced by investors is the illiquid crypto. The process of profiting from trading platforms or turning them into fiat is often complicated.

Services are often absent, or when they are available, the conversion process may take up to several days to complete.

Since cryptocurrency can lose significant value due to price volatility in minutes, a slow conversion process can contribute to a huge investment cost of cryptocurrency. In the current domain, Supply / demand for hidden crypto deployment makes it virtually impossible to sell the asset quickly without the price being affected.

The bigger problem, however, is the ability of investors or small groups of investors to raise prices up or down by making large orders or trying to convert huge amounts to fiat especially in lower marketcap coins. Practice known as Pump & Dump. This aspect of liquidity is not only a source of volatility, but also causes cryptocurrency to lose value when the market faces large fluctuations.

CORRELATION

The last significant risk with the investment of cryptocurrency is a high positive correlation between cryptocurrency values. When the price of Bitcoin fluctuates, most other criypto assets follow. Currencies have the same characteristics and are therefore exposed to similar risks.

Bitcoin dominance of about 50% of crypto market share and its use as a method of payment for other cryptocurreny trade, or altcoins, is one of the factors causing this high positive correlation. By entering gold, Darico is designed to break this positive correlation, giving investors a coin that will have its own value.

Darico reduces volatility and correlation

The combination of gold, Bitcoin and Ether forms the foundation on which Darico stands.

Funds raised at ICO Darico will be used to purchase assets that support their value. This allows long-term investors to hold their coins with confidence knowing that the fluctuations caused by short-term daily trading will always be attributed to the true value of the assets that support it.

Taking into account the long-term objectives of a set of Darico assets, these assets are selected proportionately based on the Strategic Asset Allocation Strategy to reduce the risks associated with cryptocurrency, while reasonably exposed to their potential growth potential.

In the end, gold holds a more stable and secure lock of cryptocurrency. Its value has been tested for centuries and although it is impossible to know exactly how Bitcoin and Ether will go forward in the future, we can confirm that gold will always be in demand and seen as the last safe place to store value. Also, gold has a historical correlation of zero with the currency of crypto.

IMPORTANT ELEMENTS OF DARICO

At least 90% of the amounts filed during ICO will be used to purchase assets that will refund Coop Darico. According to the proportion of its asset basket, 55% of funds will be converted to Bitcoin, 35% to gold and 10% for ether.

Auto Mining

Through automatic mining, the genesis account will emit new coins daily for 18 years until it reaches a cap of 240 million. All Darico genesis account holders will share emissions based on current ownership. Account ownership and future coin genesis rights may be transferable

Darico Wallet

Darico provides easy access to crypto trading for non technical users. We developed Darico's application and debit cards. Darico, the possibility of unlimited transactions on the web or outside and facilitating new types of investment is just as unlimited. because they are interesting.

DRC Token.

The value of the DRC token will be driven by its use and the number of people investing in it as well as the Liquidity Pool, which will continue both Bitcoin and Eter in addition to gold, to provide a baseline and safety net for DRC.

DISTRIBUTION AND CONCEPT MAP OF DINCO KOIN

Sixty million Darico coins will be offered as long as ICO with funding from the initial distribution is used to buy a basket of assets that gives the coin its stability.ICO will raise funds for the purchase of Darico's initial assets, most of which will be converted to Bitcoin, gold and Ether in proportion to a basket asset. This will be done every week and backup evidence will be updated on blockchain and wallet.

During the main ICO, 25% (60 million of the CO) will be released to the public and 90% of all funds collected will be used to purchase the asset, and 10% is set aside for the cost of ICO. 7.5% coins will be set aside to support the project. Coins that are not purchased at the end of the execution will annihilate. The remaining 162 million (67.5%) will be mined by the genesis account for the next 18 years.

Gold-backed Darico gets set for unalloyed ICO success

Darico

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