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Darico is a digital token based on the value of gold, bitcoin, and Ethereum. Find out how it works today in our review.

What is Darico?

Darico, found online at Darico.io, describes itself as “your easy-access gateway to safer cryptocurrency investment.” The company aims to make it easy for ordinary investors to access the enormous potential of cryptocurrencies. You buy a token, then gain exposure to three different assets (gold, bitcoin, and ethereum) simultaneously.

The pre-ICO for Darico tokens is taking place throughout December. You can purchase tokens during this sale to solidify your position as a genesis node, in which case you get to emit Darico tokens over an 18 year period.

How Does Darico Work?

All Darico Coins are purportedly backed with 35% solid gold held in custodial vaults. The remaining percentage of the coin is backed by 55% bitcoin and 10% either. The end result is that you enjoy the high growth potential of cryptocurrencies like Bitcoin and Ethereum while also getting the stability of gold.

Like other gold-backed digital tokens

Darico advertises gold as a safe haven. It’s been treasured for centuries, and it continues to have value to this day. By basing the value of its token on gold and cryptocurrencies, Darico gives investors the best of both worlds. 90% of funds raised during the Darico ICO will go towards buying the bitcoin, Ethereum, and gold that back each Darico coin. Furthermore, Darico will have the genesis accounts that emit new coins on a daily basis for 18 years to reach a total supply of 240 million (scheduled to occur over 18 years, or by 2036).

All Darico genesis account holders will share their emissions based on their current holdings. The ownership of genesis accounts is transferable.

Darico Ecosystem

Wallet

A secure, 2FA multi-coin ERC20 and BTC wallet suitable for all crypto investors. Direct DRC purchase enabled.

Terminal

A subscription-based hub for crypto investment information, news and analysis.

Debit card

Ask for your DRC coins in hand with you at all times with the Darico debit card, which is associated with your Darico purse. Darico cards will act as a payment method that cardholders can use at any outlet that supports DRC. Darico debit cards are expected to launch in Q3 2018.

Fund

A fully regulated cryptocurrency investment fund for high value investors.

Debit CardBringing liquidity to cryptocurrency investment, this DRC-linked debit card can be used for day-to-day transactions.

Exchange

A secure, accessible cryptocurrency exchange.

Index FundA diversified portfolio of 10 to 20 highly liquid cryptocurrencies.

Token info

Token name Darico Ecosystem Coin

Ticker Symbol DEC

Token Type ERC20

PreICO Price 1 DEC = 0.5 USD

Price in ICO 1.00 USD

Bonus Available

Investment info

Min. investment 100 USD

Accepting ETH, BTC

Distributed in ICO 60%

Token Distribution

Public sale contributors

72,000,000 DEC tokens will be available to public sale contributors

Team (15%)

18,000,000 DEC will be issued to support the Darico team.

Reserve (15%)

18,000,000 DEC will be kept in reserve, which will be used for developing and expanding the ecosystem if required.

Advisory, bounty, partners and others (10%)

12,000,000 DEC will be used to support the Darico advisors, bounty program, partners and others who Darico see fit to issue tokens to.

Fund Distribution

Development (32.5%)

We estimate that 32.5% of the funds generated from the ICO will be used for the development of the Darico ecosystem. This includes HR, technical and security.

Legal and regulatory (5%)

We estimate 5% of the funds generated from the ICO would be used for legal and regulatory purposes.

Marketing (12.5%)

We estimate that 12.5% of the funds generated from the ICO will be used for on-going marketing support.

Liquidity Pool (50%)

We estimate that 50% of the funds generated from the ICO will be held in the Darico liquidity pool.

Roadmap

Q4 2016

Darico concept created

Q2 – 4 2017

Darico Ecosystem definition and development

Q3 2017