DARICO - Easy access gate is ideal for crypto investors

ABOUT DARICO

Darico is the ideal easy-access gateway for crypto investors, offering exclusive access to all Darico investment tools, including the wallet, terminal, liquidity pool, exchange, debit card and index fund.

WHY DARICO?

BE PART OF A UNIQUE ECOSYSTEM

Darico is your solution to easier crypto trading, with a diverse range of crypto products that will make trading easier than ever before. With Darico coin, you’ll be part of a unique ecosystem that gives you the investment edge.

LEARN FROM TRUSTED CRYPTO SOURCES

With the overwhelming amount of crypto information out there, it can be difficult to know who to trust. Darico gives you the tools to access trusted sources of information, whenever and wherever you need it.

MAKE INFORMED DECISIONS

As a utility token, Darico aims to empower people by providing access to professional and user friendly investment tools, helping holders to make informed cryptocurrency decisions.

DARICO COIN

The Darico Coin is your ticket into the Darico ecosystem. It gives you exclusive access to the tools you need to profitably invest in cryptocurrencies.

THE DARICO ECOSYSTEM

Easier crypto trading and investment, all in one place

EXCHANGE

A secure, accessible cryptocurrency exchange where you can easily buy, sell and trade cryptocurrencies. We match buyers with sellers to make the Darico ecosystem a seamless cryptocurrency journey.

WALLET

Track coins by adding them to your watch list. Integrate your current BTC and ETH wallets to keep on top of your investments. With Darico, the possibilities for seamless transactions are as infinite as they are exciting.

TERMINAL

Bringing together a community of crypto enthusiasts, the Darico app is the gateway to access the Darico wallet, news, trading and index information. Trading in cryptocurrency has never been simpler.

INDEX FUND

A diversified portfolio of highly liquid cryptocurrencies that will be monitored, analysed and rebalanced on a weekly basis. The Darico index fund will help to ensure that the Darico portfolio remains liquid and profitable.

LIQUIDITY POOL

The Darico liquidity pool is fully regulated and enables larger-scale investors to get involved. The liquidity pool provides stability to the overall Darico ecosystem, whilst acting as a liquidity pool for the new Darico products.

DEBIT CARD

Easily have your DRC coins on hand with you at all times. Your Darico debit card links to your Darico wallet, giving you instant access to your DRC coins for daily crypto transactions.

DRC & DRX TOKEN

DRC Tokens

DRC is a utility token used by holders to access the products and services available within the Darico Ecosystem. 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 hold both Bitcoin and Ether alongside gold, in order to provide a base value and safety net for DRC. The support provided by the Liquidity Pool will protect DRC from the effects of “pump and dump” schemes.

DRC circulation

The total Darico Coin circulation will be limited to 240 million with 25%, or 60 million, being made available during the ICO. The remaining coins will be mined over a period of 18 years in a process that halves every four years, similarly to bitcoin. The daily emission of new coins will be shared among DRX genesis account holders and will be emitted according to the number of accounts they hold. The right to receive the newly emitted coins will be transferable, along with the original investor coins.

Mining protocols

At its base, Darico will use Ethereum’s Proof of Work (PoW) mechanism although this may change following the decision by the Ethereum community to switch to Proof of Stake (PoS). Either way, there is no effect on the long-term strategy and execution of Darico. In addition to Ethereum’s PoW protocol, Darico will leverage the smart contract application to implement its own emission protocol. We’ve called this “delegated proof of ownership” (dPOO). This protocol will permit Darico Investor’s Genesis Accounts (DRX) to emit new coins at a certain rate. The genesis account is in fact a smart contract executing on the Ethereum virtual machine (EVM).

Darico’s key differentiator - auto-mining Genesis accounts for larger investors

DRX tokens

After the initial ICO, DRC distribution will operate via auto-mining. Special “Genesis”

accounts (DRX tokens) will emit new coins on a daily basis for 18 years, ultimately

reaching a cap of 240 million coins in circulation. One DRX will be provided to early purchasers of DRC for every 1,000 Darico Coins they buy. For example, a purchaser of 4,000 DRC will receive 4 DRX whereas someone who buys 3,999 DRC will receive 3 DRX.

DRX - a unique mining solution

Darico’s auto-mining mechanism is unique in its design and execution. Newly mined darico coins can be added to investors’ genesis account every 15 seconds. The investor’s right to mine new coins is transferable and Darico’s genesis accounts will calculate unclaimed mined coins and reward the investor before completing the transfer of ownership. Holders will have to claim any newly mined coins to add them to their standard wallets, or use Darico Wallets to see the mining happening in real time. Due to the cost of ‘gas’ in claiming new coins, it is recommended that investors retrieve their newly mined coins on a weekly or even monthly basis. The gas for mining transactions, as well as for the transfer of coins, will be paid in ETH every time new coins are received into wallets. All DRX holders will share ongoing emissions based on their current holdings and will enjoy access to the Darico Ecosystem that is designed to facilitate on-demand, affordable, secure, and low-key access to cryptocurrency investment. Once you hold DRX, you will be able to keep them over the long-term or, because they will be tradeable on exchanges, you will be able to buy and sell Darico coins and DRX at their floating value.

The ICO

During the main ICO, 25% (60 million Darico) will be released to the public and 7.5% of the coins will set aside to support the project. Coins that are not purchased by the end of the exercise will be destroyed. The remaining 162 million (67.5%) will be mined by genesis accounts over the following 18 years.