DafriBank presents the venture of the African Digital Finance institution (DBA) and aims to make it Africa's number 1 digital currency
DafriBank or The Digital Bank of Africa (DBA) is a borderless digital bank specifically built to serve as an electronic payment gateway system for digital entrepreneurs and merchants.
What is Digital Bank of Africa
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.
DafriBank Limited has one of the most useful, advanced, and robust digital banking system designed to be a gateway to many platforms and businesses, empowering people from all walks of life to embrace the technological revolution of Blockchain and invest in cryptocurrencies. Contained within the DBA network are the DafriWallets and DafriExchange with its highly sophisticated trading engines and advanced dashboard as well as other important use-cases. By targeting the untapped, high potential demographics for their inclusion in the Cryptocurrency market, our goal is to become one of the most diverse banking solutions and digitized businesses for everyone. We aim to achieve this through DBA token powered DafriBank that will provide regular digital banking services that fully embraces a blockchain solution.
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Details
Public sales: Dec 02, 2020 - Jul 02, 2021
Token supply: 100,000,000 DBA
Total tokens for sale: 70,000,000 DBA
Hard cap: 12,700,000 USD
Legal
Registration country: South Africa
Office address: 35 Mozart Lane Midrand, Forte Complex, Johannesburg, South Africa , 1685
Token info
Ticker: DBA
Type: Security
Token standard: ERC-20
Token price in USD: 1 DBA = 0.01 USD
Accepted currencies: Fiat, ETH, BTC
Token distribution:
10% - Exchange Listing
10% - Dafribank Reserve
10% - Marketing and Pool
70% - Token Sale
Digital Bank of Africa Roadmap
Q4 2019
Idea Conception
Define market segments
Estimation of development cost
Q1-Q2 2020
Project feasibility
Preliminary Research
Team structuring
Business Development and Logistics
First Investor Donations to the tune of $5 million
Legal processes
Q3 2020
DafriBank Digital Banking system development
DafriExchange Web & Mobile App development
Development of DafriPay
DafriEstate expansion and land acquisition
Q4 2020
DafriExchange open for public trading
DBA Token Internal sales month 1 begins.
DafriBank Digital Banking system pre-registration begins
The development of the DeFi application begins
Q1- Q3 2021
DBA Token Internal sales end.
Listing of DBA on Tier 1 exchange platforms.
Launch of DafriBank iOS Mobile App
Start of DafriBank 1 million customer campaign begins.
Development of DafriNative Wallet with DApp Integration
OMAHA hotel Mthatha open for bookings
DafriBank final testing and release to the public
Release of DafriPay for public use
Q4 2021
DafriBank ATM card rollout
Integration of DeFi Lending Protocol to Dafri network
End of vesting period and commencement of 3% monthly token release to investors
OMAHA hotel Limpopo open for bookings
The development of acquired landed properties begins
Q1- Q4 2022
DafriBank commercial banking license application submission to CBN with N25 billion down payment. DafriBank Nigeria headquarters construction begins
DBA adopted as the main currency across all DafriNetwork
Q1 - Q4 2023
The launch of DafriChain, The expansion of OMAHA Hotels into West Africa
Preliminary Research of DafriBlockchain University of Africa (DBUA) begins
Preliminary Research of DafriPrivate Hospital begins.
The establishment of DafriSport Academy in 3 major African football countries., token burn
The process of establishing DafriAir begins
DafriBank Aims for Africa's No.1 Crypto Bank
Statistics from Google Tendencies have revealed that African countries are all consistently ranked in the top 20 countries worldwide in cryptocurrency-related searches, demonstrating the huge potential of crypto in Africa.
But the reputation of the cryptocurrency and blockchain technology options in Africa while the laudable one leaves a lot to be desired. To encourage wider adoption of nascent technologies namely blockchain and cryptocurrencies, examples of extra progressive uses must be put forward to disrupt many additional industries.
DafriBank is a DBA, a cryptocurrency setup to realize its elite position as Africa's premier cryptocurrency due to the increasing variety of uses made specifically for Africans. DBA was specifically created to behave instead of foreign money used throughout the DafriBank ecosystem to help its customers take advantage of trendy instruments similar to blockchain and cryptocurrencies to streamline banking processes. The token was later adopted as a governance token for financial institutions. In addition to having a say in the future choices of financial institutions, buyers can vouch for a DBA and get curious.
DafriBank (DBA) IEO Project
This financial technology company is Africa's largest digital entrepreneur-focused bank and is the flagship brand of DafriGroup PLC, a publicly-traded company founded in South Africa, the UK, Botswana, Nigeria, and the Comoros Island.
DafriBank became the first bank in Africa to offer its business accounts a built-in Merchant API which has attracted global household names such as Bittrex Global, IQ Option, XM Global, Deriv LTD (formerly known as Binary.com) Exness Brokers, Globex360, FXCM Brokers, Fresh Forex, and ChainEX just to name a few.
We recently signed a strategic partnership agreement with one of the largest commercial banks in (Nigeria) to co-brand and offer MasterCard credit & Debit cards that can be used on a global scale. We have partnered with Circle, a global financial technology company, the second-largest USDC Stablecoin issuer, and are in the process of bringing Credit & Debit card payments into our system.
The DBA token is currently trading on CoinMarketCap at $11.5 per token with a diluted market cap of $1,144,957,338 with an ATH of $34.38 and a low of $10.49.
$DBA is built under the Binance Smart Chain Protocol (BEP20) to make it highly scalable for users. Smart contract address 0x1006ea3289b833b6720aaa82746990ec77de8c36
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DBA is already listed in Coinmarketcap, Coingecko, and in top exchanges at $15 but they can purchase it today at the launchpad in Latoken, ProBit, P2PB2B at $1.8 only.
for more information:
DafriBank official website:
https://twitter.com/DafriBank?s=09
https://www.facebook.com/DafriBank/
https://www.instagram.com/dafribank/
https://www.linkedin.com/mwlite/company/dafribank-limited
https://www.dafribank.com/investor-relations
Creator:
Bitcointalk Username: Teratai93
profile link: https://bitcointalk.org/index.php?action=profile;u=3366083
Bsc Wallet: 0x91A08Af833c868E8E8b13413767f6549f54369d2