DABANKING – FomoJackpot lottery program based on blockchain technology together with the Dapp Game

Previously to the main topic, it would be necessary to parse the previous story regarding this latest project. 

In 2008, Bitcoin was introduced as a cryptocurrency, invented by Satoshi Nakamoto in the form of open source software, with a mission to change the way we make payments and trade goods through truly new currencies.

Bitcoin offers tremendous transaction advantages such as freedom, security, a high level of control for the user itself and a fully transparent platform. All of the benefits of Bitcoin are activated by Blockchain technology. 

The Gaming Blockchain Market 

In recent years we have still witnessed a strong rise and rapid growth of the gaming industry. According to reports on 10/2017, 2.3 billion users are using 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 lucrative industry that is estimated at $ 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: 

1. Tracking and authenticating ownership of types of digital assets.
2. Reducing costs for third parties.
3. Secure payment system based on blockchain.
4. Integrating the blockchain into your game increases competitiveness against traditional games.
5. Exchange digital assets easily with high liquidity, 

One of the first Dapp products from DABANKING is the FomoJackpot lottery program based on blockchain technology together with Game Dapp collectively called FomoGame, which helps participants not only entertain after a tiring day but also increase revenue them in an easy way.

FomoGame is an independent DApp system in the DABANKING ecosystem built on the Blockchain Ethereum. It promotes absolute fairness and transparency for users, thereby helping users to have great experiences in all applications in the DABANKING ecosystem. 

FomoJackpot gives players the opportunity to win a very small amount of 0.002 ETH for one ticket. 

The blockchain technology is a discovery that creates a decentralized network based on peer-to-peer network protocols, which allows every computer on the network to be a server, making a big difference to conventional centralized networks.

2013 marked an important milestone for the breakthrough in blockchain technology development: the birth of the Ethereum (ETH) platform created by Vitalik Buterin – Russian developer. He has succeeded in bringing Blockchain technology to a new level when integrating Smart Contracts into the current Blockchain protocol, now known as Blockchain 2.0 or the Blockchain Utility. 

At the end of 2017, Blockchain technology really resonates, not only with software developers but also with full attention from governments, major banking organizations, financial funds, investors and almost all social classes, attracting hundreds of billions of dollars, creating financial market fertility and promoting many successive Blockchain projects.

Some Utility Blockchain projects are quite successful, such as Tron, EOS, STEEM, etc. Gradually approaching its completion, opening the Era of Decentralized Applications (Dapps). 

DAB Token

1. DAB Mining Strategy In the first phase, DABANKING will use Ethereum Blockchain to build a community of users by distributing DAB tokens based on the theory of the POC algorithm (Proof Of Contribution). This is the “Dedication Proof” mining token algorithm when locking ETH into “value reserve funds” for DAB tokens. 

2. Token DAB 
DAB is a token platform for DABANKING community development and will be exchanged with DABANKING blockchain itself when DABANKING Blockchain is officially announced. 

The maximum total supply of DAB tokens in a Smart Contract is 200,000,000 DAB and the only way to get a DAB Token is to use the “Mining Wallet”.

DABANKING Developers cannot have other methods to obtain DAB Tokens other than exploiting as normal users through ” Mining Wallet ‘. 

3. Mining Token DAB
DA tokens mining mechanism  DA Tokens can be used when users buy tickets and play games with ETH. It has a maximum supply of 20,000,000 DA.

To mine, DAB Token users need to buy a “Treasury Package” with a minimum amount of ETH $ 200 (Price based on Coinmarketcap.com) and maximum packages allowed by developers at different times (Maximum “Treasury Package” up to $ 5000)
Developers will have a function on Dapp to set the maximum package value that can be purchased at different times Note

: The “Treasury Package” value is calculated when depositing ETH and confirmed on the blockchain. The price at the time of deposit is only used for the reference price, during the time from the deposit until when the transaction is confirmed if the ETH price rises, the package value will increase, but if the ETH price decreases, the value of the package will decrease. And reduce no more than 3%, If price fluctuations exceed 3%, Deposit orders will fail, ETH will be returned, the user must operate again. 

There are 3 energy wallets that need to be considered to be able to exploit the DAB token: 

1. Gold Wallet 

2. Green Wallet 

3. Mining Wallet 

Mining Bonus Rating

There are a total of 10 Ranks from Star1 to Star10 which are equivalent to the volume conditions below. 

Volume rating is taken from the total branch volume of the entire system (excluding individual volumes), by reducing the largest volume of two branches: 

STAR 1: when the volume rating reaches $ 1000  

STAR 2: When the volume rating reaches $ 3000  

STAR 3: when ranking volume reach $ 10,000  

STAR 4: when the volume rating reaches $ 40,000 – $ 1000 Bonus to 

STAR 5: Mining Wallet  : when the volume rating reaches $ 100,000 – $ 2000 bonus for 

STAR 6: Mining Wallet  : when the volume ranking reaches $ 300,000 – Bonus $ 6000 for Mining Wallet
STAR 7: when the volume rating reaches $ 1,000,000 – Bonus $ 20,000 for the STAR
STAR8: Mining Wallet  : when the volume rating reaches $ 2,000,000 – a $ 50,000 Bonus for the 

STAR 9: Mining Wallet  : when the volume rating reaches $ 5,000,000 – $ Bonus 150,000 for 

STAR 10: Mining Wallet  : when volume ranking reaches $ 10,000,000 – $ 500,000 Bonus in Mining Wallet Adding a bonus to a fully automated “Mining Wallet” thanks to Smart Contract. The system will automatically check once a day to give bonus gifts to eligible accounts.

MINING TABLE

DISTRUSION

90%: of the DAB Token Reserve Fund 

3%:  marketing 

3%:  product development 

2%:  Partners (exchanges, Advisors …) 

2%:  Backup Token DAB (Exchange DAA …)

Every time you receive an ETH or DAB Token, the Smart Contract reserve fund will immediately lock 90% and extract 10% into the developer’s funds to implement the item.

Roadmap

DABANKING aims at long-term development, delivering entertainment services to a decentralized application platform, giving back power to users. The development team has come up with a long-term strategy to make DABANKING a strong ecosystem that allows millions of customers to experience our services. 

Q4 / 2018-Q1 / 2019: Build a development team, prepare detailed plans and prepare the technology foundation.

Q2 / 2019: Officially introducing the game ecosystem in DApp and starting to develop the DAB Token mining community.

Q3 / 2019: Register DAA Tokens and DAB Tokens on free exchanges and integrate new games.

Q4 / 2019: Open the Swap port from DAA Token to DAB Tokens for users. Add a new Game Dapp.

For more details regarding this good project in the form of BABANKING, please follow the following official sites below: 

Website => https://dabanking.io/

Whitepaper => http://dabanking.io/static/whitepaper.pdf

Bitcointalk ANN Thread => https://bitcointalk.org/index.php?topic=5146671.new#new

Twitter => https://twitter.com/Dabanking_io

Facebook => https://www.facebook.com/dabanking.io/

Discord => https://discordapp.com/invite/uqfMjYV

Medium => https://medium.com/@dabanking.io

Username : Evan alvaro

Profile : https://bitcointalk.org/index.php?action=profile;u=2640984

ETH : 0x2a70D3de93dF57c4D4DCAAB56F5C671185Abf639