DafriBank
Abstract
DBA is a native token by DafriBank Limited, the new pioneer digital bank outlet headquartered in Africa. The Digital Bank of Africa Project is an online bank project and the flagship product of the DafriGroup PLC ecosystem, which transactions will be carried out with the native token (DBA). The project will also expand to have a wallet, Crypto Exchange, and other use-cases. The DafriBank is set to offer Defi(Decentralized Finance) through Native Token (DBA), allowing holders the opportunity to earn higher returns on their assets.
Our Vision
Short Term Vision
To achieve 1 million DafriBank clients by 2022
Long Term Vision
To see DafriBank become a commercial bank in countries such as Nigeria, South Africa, Kenya, Botswana, and Ghana amongst other countries. This can easily be achieved using leverage from DafriBank's excellent digital banking services which when launched will become an industry juggernaut and preferred payment solution service provider in Africa. DBA token will also be able to attract users and enrich investors because of its many use-cases from flagship DafriBank and DafriExchange platforms to our other subsidiaries to help ease payment services through solutions tailored for the African community and designed to further aid the adoption of cryptocurrency on the continent
Competitors & Possible Clients
Competitors
Since DafriBank provides unique solutions to banking services, we do not see any direct competition. However many companies exist today with services related to DafriBank including the following:PayPal, Neteller, Skrill, MPesa, Perfect Money, etc.
Possible Clients
Our wide-ranging services will attract diverse clients across a variety of niches and industries including Digital entrepreneurs, Brokerage firms, merchants, small business owners, Forex traders, Crypto investors, MLM leaders, booking agencies, or just everyday people that needs to execute various financial transactions.
Token Information
A fixed supply of 100,000,000 tokens will be issued based on the ERC-20 standard. The reasons for choosing ERC-20 tokens are thr present familiarity of the market with this standard plus the stability of the Ethereum Blockchain.
- Token Name
- Digital Bank of Africa
- Ticker Symbol
- DBA
- Token Type
- ERC-20
- Maximum Supply
- 100 million DBA Tokens
- Initial Price
- $0.01 per DBA for month 1
- Total tokens allocated for private sale
- 70 million DBA Tokens
- Burning
- Yes
- Minimun Contribution Amount
- $10 per month ($70 for the 7 months)
- Maximum Contribution Amount
- None
Currencies Accepted - ETH, BTC, Fiat
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