Dala Token Sale

Dala Token Sale

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Wala is a financial platform with a mission to help people reach financial prosperity by eliminating the barriers to banking. Our goal is to close the gap that exists between consumers and financial service providers by increasing the accessibility of the financial system.
Risk: High
Dec 1, 2017
Dec 11, 2017
100% completed
$1 000 000
100% goal completed
past
Oct 15, 2017
Oct 31, 2017
100% completed
Raised funds - no Data
Goal 300 000 000.00 DALA
past
Token Details
Ticker
DALA
Accepted Currencies
ETH
Company Details
Registered Country
South Africa
Additional Details
Platform
Ethereum
Categories
Platform, Business services

About Dala Token Sale

Wala has created the world's first borderless, rewards driven, zero fee financial platform that will be powered by the Dala utility token. Through Dala, Wala makes use of the best of blockchain, cryptocurrencies, and tokenization to start a financial revolution for the next 3.5 billion consumers.

DALA UTILITY TOKEN

The Dala utility token is a general-purpose ERC-20 crypto-token created to enable free banking for emerging market consumers. The token is fractionally divisible and is independent of all local currencies and cryptocurrencies. Consumers will be able to engage in the Dala ecosystem by making transfers using their own token wallets, via the Wala Financial Platform, or through other applications built using the Dala API.

ECOSYSTEM

The first application to make use of Dala will be the Wala Financial Platform. Upon launch, the Dala token will have immediate utility within the Wala Financial Platform where a user can transfer Dala to other Wala users for free, remit across borders, and redeem for airtime, data, and other value-added services. Together, the Dala token and the Wala Financial Platform can remove all barriers enabling free and accessible financial services.

DALA TOKEN REWARDS MODEL

To enable a robust Dala ecosystem, Wala will incentivize users through a rewards model and seed partner service providers. The Dala token rewards model has been proven, supports the acquisition of billions of consumers globally and drives adoption of merchants, SMEs, banks, and corporations.

GOVERNANCE

The Dala Corporation is a Cayman Islands entity established to represent Dala token holder interests. Dala is intended to become a fully-decentralized autonomous organization. However, due to the infancy of the crypto governance space, the Dala Corporation will assist with providing a governance forum in the short-term. The Dala Corporation long-term goal is to maximize the value of the ecosystem. The largest driver of Dala network value is the size and utility of the network to end-users which the Corporation will drive through token rewards and open-source tools.

Features

The Wala Financial Platform is designed to transition cashbased consumers into the digital financial economy. The token is fractionally divisible and more isolated from the volatility of local currencies and global cryptocurrencies.
Consumers will be able to engage in the Dala ecosystem by making transfers using their own token wallets, via the Wala Financial Platform, or through other partner applications that make use of the Dala API.
Upon launch, the Dala token will have immediate utility within the Wala Financial Platform where a user can transfer Dala to other Wala users for free, remit across borders, and redeem Dala for airtime, data, and other value-added services.

Technical Info

Technical details:  Dala is an ERC20 token on the Ethereum blockchain. Users initially acquire DALA through by using the application of the launch partner, Wala. Dala will also provide high liquidity nodes on the Raiden Network to support payment channels to enable instantaneous, near-free transactions. The source code:  The code of the product is not available. Proof of developer:  Public team.

Dala Token Sale Roadmap

  • September 2017

  • Release Wala platform
  • October 2017

  • Dala announces token sale
  • October 25, 2017

  • Token sale starts
  • October 31 2017

  • Token sale ends
  • Read More
  • November 2017

  • Develop ecosystem

Dala Token Sale Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Tricia Martinez
CEO & Founder
unverified
Samer Saab
CPO & Founder
unverified
Ross Mcewan
CTO
unverified

Dala Token Sale Last News

3.19
risky+
5.0 19
ICO Profile Vision Activity Potential Product Team

Dala Token Sale Reviews

bitcoinexchangeguide.com
reviews

Personal Evaluation for Wala + Dala. ICO will only have a slight chance of gaining value immediately after launch in my opinion due to distribution model and other competing more mature forces in the Blockchain industry. Wala does have a growing user base and funding. The team is young and getting larger with branding in all the right areas. Wala does have over 1 million users and appear to be growing every day. Eventually they could earn value but it would be a medium term hold in my opinion at the minimum, and then it becomes a question of does Bitcoin or another that have been at it longer solve the same solutions over the same adoption period?

Dala will hit all the same regulatory issues with banks and banking systems most cryptocurrencies face until the issue is solved for the whole community. I see value in Wala Corp but I am uncertain of Dala’s future as a DAO (Decentralized Autonomous Organization). Dala will need to establish itself in a vary fast paced well funded new technology arena and will need time and proven usage too do this. The 30 million is a very reasonable ICO compared to many on the market the last year but 1 billion Tokens might be a mistake hurting the value after launch as I see no need for 1 billion tokens when 100 000 000 easily works for Dala’s purposes.

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