Darico ICO Review: Blockchain Platform For Monitoring, Trading, And Investing Cryptocurrencies

Darico Ico Review: Blockchain Platform For Monitoring, Trading, And Investing Cryptocurrencies
Darico Ico Review: Blockchain Platform For Monitoring, Trading, And Investing Cryptocurrencies
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The meteoric rise of cryptocurrencies has brought with it a new wave of trading and investing through the blockchain medium. Nowadays, it is no longer required to have a degree in economics and a keen business acumen to become an investor.

Still, trading and investing cryptocurrencies does carry a substantial risk, due to the inherent volatility of the market and the abundance of scams in the cryto world.

So investing, while easier and more accessible than before, still carries a certain degree of uncertainty and potential loss.

Darico is a brand new ICO that offers a blockchain platform containing the necessary tools and data so investors can make educated and informed investment & trading decisions.

Darico: supporting crypto-investors through the blockchain

Cryptocurrencies, and all that they stand for, are somewhat risky propositions. Some high-profile scams where investors have lost significant amounts of money serve to highlight the inherent dangers of investing or trading in these financial devices.

Darico’s marketing blurb says that the ecosystem ‘provides investors with access to trusted sources of information, and to all of the tools they need to make informed investment decisions and to integrate cryptocurrencies into their everyday lives.’

The Darico ecosystem

The Darico ecosystem includes 6 elements:

Consult the Darico white paper for additional information about these elements.

Darico in figures & quick facts

  • Token name – Darico Ecosystem Coin (DEC)
  • Total numbers of tokens issued – 240,000,000 DEC
  • Total tokens for sale – 144,000,000
  • Token worth – 1 DEC = $0.50
  • ICO start date – January 30th 2018
  • ICO end date – July 30th 2018

Bonus Scheme

Darico offers a Bonus Scheme for early token purchasers.

The Bonus works thus:

  • March 21st to 31st = 25%
  • April 1st to 30th = 20%
  • May 1st to 21st = 10%
  • June 12th to July 7th = 5%

The Darico coin

As with any other ICO, the company will issue its own currency, the Darico Ecosystem Coin (DEC), which is based on the ERC-20 standard.

The company describes the coin as a ‘utility token which has been designed specifically to empower people by providing them with professional-standard and user-friendly investment tools, which enable them to make informed cryptocurrency investment decision.’

Once created, the DEC token will be distributed as follows:

  • ICO – 60%
  • Team – 15%
  • Reserve – 15%
  • Advisors/Bounty – 10%

The Darico token sale will occur in two stages:

  • A limited private sale for those who purchased tokens during the pre-ICO phase
  • A public sale

The proceeds of the token will be distributed as shown here:

  • Development – 32.5%
  • Legal and Regulatory – 5%
  • Marketing – 12.5%
  • Liquidity – 50%

The team

Learn about Darico’s team here.

Social media presence and digital footprint

Here are the social media numbers for Darico at the time of writing (mid March 2018).

  • Twitter – 3,392 followers
  • Facebook – 3,167 followers
  • LinkedIn – 45 followers
  • Telegram – 5,010 followers

This ICO’s presence on social media is not particularly significant at this point in time.

Competition

Platforms for investing & trading cryptocurrencies are quite common on the blockchain ecosystem these days. There are literally dozens of similarly-themed such platforms currently operating, such as DeHedge, Coinvest, and Pecunio to name but a few.

This means that Darico is likely to become another name in the pool of investment-related ICOs, with little to make it stand out.

Additional information

See Darico review on ICOBench

White paper

Consult Darico’s white paper for more information about the platform, additional features and services, etc.

Conclusion

Blockchain-based investment platforms are a dime a dozen these days, so it’s hard to see how another one can make a difference.

There is nothing intrinsically wrong with Darico’s proposition, other than it’s a quite common concept.