Problem:
With the exponential increase of cryptocurrencies in market (1607cryptocurrencies as of now), since this market is very complicated and difficult to understand for the investors, a lot of questions will arise for the investors like which wallet should use for newly bought coins and how to convert crypto to fiat and vice versa. Even though there are multiple wallets available in the market, but investors always look for the trust worthy, good value, speedy exchange.
Solution:
Darico is aiming to provide solution for the current investors problem by providing trustworthy wallets and access to trusted sources of information
Darico is all in one ecosystem which is providing all the tools which are used to trade in cryptocurrencies
Its vision is to become crypto world’s version of Bloomberg or Reuters which provides trusted and accurate information.
Features of the Darico ecosystem:
Darico Wallet (Gnius):
Darico has developed multifunctional software wallet which is easy to understand for the beginners also, it provides high level of security features for the wallet with 2FA access and backup capabilities, investors can buy and sell other coins and they can manage their portfolios too.
Darico Terminal:
It is the core feature of Darico ecosystem which gives access to the users with all the information they need to invest with confidence, services like news analysis, chats about cryptocurrency markets and updates related to ICOs.
Darico Debit Card:
Darico debit card will solves the issue of illiquidity (cannot easily be sold or exchanged for cash). Its cryptocurrency based debit card can be used in daily fiat transactions, it can be linked with Darico wallet for instant exchanges.
Darico Exchange:
It is a platform for the exchange of all the major cryptocurrencies, where individuals, institutions, professional investors and traders can trade, deposit and withdraw their coins. Users can convert their cryptocurrencies into different fiat currencies such as GBP (Great British Pounds), EUR, USD.
Darico Index Fund:
It is a fully regulated cryptocurrency fund, it gives access to manage and monitor their cryptocurrency portfolio. Darico community will analyse the portfolios every quarterly
Darico Liquidity Pool:
Darico will keep 50% of proceeds in the reserves in the Liquidity pool which is used to stability of the Darico ecosystem, and used to introduce new DApps to ecosystem
Token economy:
Darico issues utility tokens called “DEC” which can be used in the internal ecosystem for services like wallet, debit card etc.
Token metrics:
Token symbol: DEC (Darico Ecosystem Coin)
Token type: ERC20
Total Supply = 120,000,000 DEC
1 DEC= $0.50
Hard Cap = 72,000,000 DEC ($36,000,000)
Crowd sale: 30th Jan to 30th July 2018 (Live now)
Team:
Mojtaba Asadian-Founder & CEO:
He was Founder and CEO of Central Perk LLC from 2005 - 2008, Founder and Managing Director of Blackhawk Capital Ltd from 2014 - 2017 and is currently Founder and CEO of Alpha & Beta Group since 2011 and he is the author of Money, Banking and Credit as well as What is Investing? He has been featured as a business leader in several regional and international publication.
Liwaa Chehayeb-CBO
Liwaa has worked in financial investments from last five years, he is an experienced crypto trader since early 2015, providing him with invaluable insight to the crypto community and he helps with the project management of the ICO and ecosystem products
Luke Szkudlarek- CMO
Luke has over ten years of international experience in the digital sector, having worked in companies and marketing agencies across the UK, Poland and Zurich. Luke is the Founding Partner and Digital Strategy Lead for what. digital, and has been since 2015.
Verdict:
Pros:
• Website and whitepaper has clear explanation is project
• Social media hype is good, its telegram community has 11k+ members
• Roadmap is very clear and the project milestones to be achieved till 2019 Q2
• Its wallet, debit card, exchange, index fund services are available in the market
• Advisory team and executive team looks great, it has members from finance, legal, cryptocurrency fields.
Cons:
• There are many ICOs which are coming up with same concept, there is no much differentiation from others
• Team members are beginners in the cryptocurrency
Links:
Website: https://darico.io/en/
Whitepaper: https://darico.io/en/Darico-Whitepaper.pdf
Telegram: https://t.me/darico_ico
Twitter: https://twitter.com/daricocoin
Facebook: https://www.facebook.com/DaricoCoin/
Medium: https://news.darico.io/
Bitcoin talk Username: anushkamehta0902
Bitcoin talk profile link: https://bitcointalk.org/index.php?action=profile;u=2039767
ETH address: 0xd1c62C22C078A0C6B1E42F7200F0b082EE81a64a