DafriBank-The Multipurpose African Bank

di November 24, 2021 0

DafriBank-The Multipurpose African Bank

DafriBank.

As blockchain and crypto expertise have been at the forefront of the next industrial revolution in recent times, Africa has made concerted efforts to ensure inclusion in the dialogue. As an African multipurpose financial institution with more than 1 million clients worldwide, DafriBank presents the venture of the African Digital Finance institution (DBA) and aims to make it Africa's number 1 digital currency.

Introducing DafriBank

DafriBank is an African multipurpose financial institution exploring immediate and higher-end options for saving, generating funds, handling buyer and corporate cash anytime, anywhere. Standard banks are finding it difficult to handle demand from trendy digital-focused companies, which has limited their progress. DafriBank overcomes this weakness by offering a typical digital banking company that may be fast, secure, and cost-effective. Its aim is to democratize monetary enterprises, bring individuals out of the spiral of the standard banking system, and encourage individuals and companies to stagnate and prosper in the international financial situation.

More than 1 million clients worldwide use DafriBank for similar purposes with no hidden fees, smooth security features, easy payments, and no delays. DafriBank supports personal accounts other than corporate accounts. Non-public financial savings accounts are accounts that serve clients' deposits towards monetary security and peace of mind, and corporate accounts help clients deal with their daily banking and special business needs such as investing, blocking free 3rd round transactions, financial saving purposes, and fast transactions worldwide.

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.

Growing with agency perception

DafriBank has the agency's perception and dedication to providing an empowering, enabling, and accessible digital society, without leaving anyone behind. In this changing world, he seeks to absorb the traditions of connectivity, digital expertise, and relative products that can help close the digital divide. DafriBank also has a basic perception that there is energy in connectivity and digital companies to strengthen economic capabilities.

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

Token Details		IEO
Ticker	DBA	Latoken
Token Protocol	Other	Latoken
Project Website	https://www.dafribank.com	ProBit
Project Industry	Commercial Bank	ProBit
Token supply for session	1993131	P2PB2B
Token Price in USD	1.8 USD	P2PB2B
Minimum Purchase Amount in Tokens	1 DBA
Minimum buy amount in contribution currencies	ü 0.00003143 BTC ü 0.00041621 ETH ü 1.8 USD ü 5.33017471 XLM ü 1.8 USDT

Legal

Registration country: South Africa

Office address: 35 Mozart Lane Midrand, Forte Complex, Johannesburg, South Africa, 1685

Digital Bank of Africa Roadmap

Q4 2019

ü Idea Conception

ü Define market segments

ü Estimation of development cost

1. Q1-Q2 2020

ü Project feasibility

ü Preliminary Research

ü Team structuring

ü Business Development and Logistics

ü First Investor Donations to the tune of $5 million

ü Legal processes

Q3 2020

ü DafriBank Digital Banking system development

ü DafriExchange Web & Mobile App development

ü Development of DafriPay

ü DafriEstate expansion and land acquisition

Q4 2020

ü DafriExchange open for public trading

ü DBA Token Internal sales month 1 begins.

ü DafriBank Digital Banking system pre-registration begins

ü The development of the DeFi application begins

Q1- Q3 2021

ü DBA Token Internal sales end.

ü Listing of DBA on Tier 1 exchange platforms.

ü Launch of DafriBank iOS Mobile App

ü Start of DafriBank 1 million customer campaign begins.

ü Development of DafriNative Wallet with DApp Integration

ü OMAHA hotel Mthatha open for bookings

ü DafriBank final testing and release to the public

ü Release of DafriPay for public use

Q4 2021

ü DafriBank ATM card rollout

ü Integration of DeFi Lending Protocol to Dafri network

ü End of vesting period and commencement of 3% monthly token release to investors

ü OMAHA hotel Limpopo open for bookings

ü The development of acquired landed properties begins

2. Q1- Q4 2022

ü DafriBank commercial banking license application submission to CBN with N25 billion down payment. DafriBank Nigeria headquarters construction begins

ü DBA adopted as the main currency across all DafriNetwork

Q1 - Q4 2023

ü The launch of DafriChain, The expansion of OMAHA Hotels into West Africa

ü Preliminary Research of DafriBlockchain University of Africa (DBUA) begins

ü Preliminary Research of DafriPrivate Hospital begins.

ü The establishment of DafriSport Academy in 3 major African football countries., token burn

ü The process of establishing DafriAir begins

For more information about DafriBank, you can visit the official website. Some of the information we present is also sourced on the DafriBank website. You can check details about investing in DafriBank.