The native token of Darico is the DEC, or Darico Ecosystem Coin.
It's an ERC-20 compliant token issued on the Ethereum blockchain, intended to give holders access to the entire ecosystem and all of Darico's products and services.
Users of the ecosystem can use DEC to pay for Darico's services, such as the Darico Terminal, Debit Card and Wallet.
The DEC is a utility token, and has the following functionalities:
- You can pay subscription fees to access Darico Wallet services and Darico Terminal service
- Link your Darico Wallet to the Darico Debit Card
- Pay discounted trading fees and commissions of the Darico Exchange, DAREX
- Receive bonuses and rewards offered by DAREX
- Purchase units in the Darico Index Fund
- DEC will fuel the Darico blockchain once it is developed
Darico Ecosystem Coin circulation
Total supply: 120,000,000 DEC (60% of which will be made available in the public sale)
See the pie chart below for the token distribution:
(source: Darico whitepaper)
The public sale of DEC took place between 30th January 30th 2018 and 30th July 2018.
The proceeds from the DEC sale were allocated as follows:
- Development (HR, Technical, Security, etc.) - 32.5%
- Legal and regulatory - 5%
- Marketing - 12.5%
- Liquidity pool - 50%
Website- http://darico.io/
Whitepaper- https://darico.io/en/Darico-Whitepaper.pdf
Telegram- https://t.me/joinchat/FnQXt0xwkfTn_3V1KU98Jg
Twitter- https://twitter.com/daricocoin
ANN Thread- https://bitcointalk.org/index.php?topic=2852281