Darico

DARICO is a platform that empowers the users by giving them a professional and user friendly investment tool that enables them to monitor, trade, invest and spend their crypto currency with confidence.

PROS:

• The platform enables the users to have instant access to crypto currency funds at any point through the Derico debit card with the ability to withdraw  the crypto currency in exchange with fiat currency hence  improving the crypto experience
• It securely store, send and receive crypto tokens  and integrate the existing crypto wallets to keep track  of the users investments 
• The platform gives provision for exchange which is achieved via the Darico Terminal  with Darico exchange offering all the crypto enthusiast the ability to trade, deposit  and withdraw a variety of top ranked crypto currencies
• The platform enables the users to timely access trusted information  whenever and wherever they need it hence eliminating  exploitation
• The provision of user friendly  and  professional investment tool enables the users to make more informed decisions on crypto currencies
• The platform has full support and focuses on success as it has increased its suitability  of Darico ecosystem by keeping substantial reserves in the liquidity pool
• The users are able to get frequent updates about the latest news  about  coins, businesses behind them  and major exchanges as well as conversing with the technical analyst to help them plot their own investments
• The platform team is credible full of related experience assisted by the CEO Majtaba Asadian who has featured as a leader in several regions and international publications

CONS:

• The use of DEC token doesn’t permit holders with royalties and  rights to capital profits  and returns from the project
• The trading is restricted by international laws and regulations
• The platform token is highly affected by law as it under new taxation law hence corroding its benefits

SUGGESTIONS:

• The token holders should be given more incentives including a share of the project profits and returns
• The project team should ensure its  full adherence to laws and regulations for full implementation

It was difficult for any new investor to keep an eye on the market as a digital currency could be developed by anyone. Darico ecosystem will be an excellent platform for both new and mature investors to thrive. This ecosystem will provide the investor with all the necessary tools, wallet, information, and other services that will help them to make a good investment. Due to its strong market awareness, fundamentals and a team of dedicated professionals, this project has great potential for both short as well as long-term financial gains.

Darico is a unique cryptocurrency investment. The company claims to be putting 90% of funds raised during the ICO to three assets, including gold, bitcoin, and Ethereum. 35% of the funds will be used to purchase gold, while the remainder will go towards bitcoin (55%) and Ethereum (10%). This is designed to expose investors to the high-growth potential of cryptocurrencies while also helping stabilize their investment with the time-honored stability of gold.

What’s the advantage of purchasing Darico tokens from the company instead of just purchasing these assets yourself? I’m not totally sure. The Darico whitepaper mentions several features that may be implemented in the future – including smart contract-based mortgages.

They also heavily promote the idea of “genesis accounts”, which are effectively smart contracts built on Ethereum, and those smart contracts are able to emit Darico tokens at a specific rate. Where does the money to buy new gold, bitcoin, and Ethereum come from? How much gold is linked to each Darico token? I’m not sure. However, the company claims it will issue a weekly proof of reserve to investors.