DARICO REVIEW

karldark (40)in #cryptocurrency • 6 years ago (edited)

Introduction
The recent emergence and improvement in the blockchain technology industry has encouraged a large surge into the bitcoin market and CoinMarketCap has over 1,400 cryptocurrencies which could now be exchanged, invested in or traded for fiat and cryptocurrencies. The large number of cryptocurrencies, wallets, exchanges and other associated products and services which are aimed at helping people to manage their crypto holdings in an effective and efficient manner is actually having the opposite effect. These have created more confusion and have left many people feeling discouraged and less determined to thread the market. It has also created the need for where best to turn to for reliable information, effective and secure wallets as well as good value, speedy exchanges.

Proposal
As the pace of progress accelerates, so do the risks associated with cryptocurrencies. None are guaranteed winners but all holders want to know that, at the very least, they have the best information and tools available to them before they make any key or vital decisions as regards to investments. These have created the need for the development of a much anticipated and unique solution that gives people access to all the needed tools to monitor, trade, invest and spend their crypto holdings which is exactly what the Darico ecosystem is designed to provide.

The Darico Ecosystem will give crypto investors those tools, all available in one place. The Darico platform seeks to be the most trusted source of cryptocurrency tools through a highly engaging, understandable, helpful, beneficial, easy-to-use, and comprehensive platform. There is a general consensus and widely accepted research that by making the cryptocurrencies market much easier to understand and navigate, there would be an increase in people’s confidence, trust and this would drive up the rate of cryptocurrency adoption.

Darico Ecosystem

The Darico Ecosystem has been created and designed specifically for people to be able to monitor, trade, invest and spend their various types of crypto-currencies fast, effectively and with ease. The Ecosystem is creating a standard and much user-friendly investment tool that can help investors to make informed and proactive crypto-currency investment decisions. Holders or owners of the Darico Coins will be able to access wide range of services and features that is available within the Ecosystem. Since payments and transactions would be in DEC, this would encourage and increase the adoption and wide acceptance of the coins which would help in the continuous development of the Ecosystem.

Structure

Holders of Darico Ecosystem Coins will receive access to the entire Darico Ecosystem which includes: the Darico Wallet, Gnius- the Darico Terminal, Nyu- the Darico Debit Card, DePay- the Darico Cryptocurrency Exchange, DarEX- the Darico Index Fund, CHawk, and The Darico Liquidity Pool. The Darico Wallet would be a multicoin wallet and the first product that would be launched. The terminal would at the center of the ecosystem and acts as the engine and would be a subscription hub for cryptocurrency news, information, analysis, and investments. The Darico debit card would help to bring liquidity to the ecosystem and also provide easy and fast access to assets. It would also be linked to the wallet.

The Darico exchange would operate as a decentralized ledger technology system. The Darico index fund would be for the private investors and subject to certain regulations. The liquidity pool is basically to strengthen the Darico system and increase its sustainability.

Token
The ecosystem would work with DEC; that is the Darico ecosystem coin. The coin is an ERC20 compliant token based on the Ethereum blockchain. The coin would be used to fuel the Darico blockchain and it would be used to enact and facilitate transactions in the ecosystem. The coin can be used for subscription fees, payment on the wallet and terminal, for fiat payment, for fees and commissions payments, for unit subscription and for bonuses or rewards. The token would be sold and the revenue generated from the sale would be used for complete development of the ecosystem.

Roadmap
The roadmap is specially designed to ensure the achievement of the set goals or targets. The sale of Darico coin ie the ICO would come first, then the launch of Darico terminal, then Darico debit card, then Darico exchange, then the expansion and further development of the system and finally the launch of the index fund.

Conclusion
The Darico ecosystem has been developed to facilitate the global adoption of blockchain technology and cryptocurrency by empowering individuals with the necessary knowledge to expertly navigate the cryptocurrency markets and increase liquidity.