Morioh
Login
Crypto Like

Crypto Like

3 years ago

What is DCTDAO (DCTD) | What is DCTDAO token | What is DCTD token

In this article, we’ll discuss information about the project DCTDAO and DCTD token

Backed by some of the biggest minds in the Blockchain Industry, including one of the DLT pioneers; DECENT, DCTDAO is poised to revolutionise trading in an ever more expensive, slow and unsafe crypto trading environment.

Building on the strong fundamentals of the DCore Blockchain, DCTDAO will be implementing technologies of Polkadot and Moonbeam on top of DCore to offer near gas-less fees. In addition, Quantum proof security will be added from top North American and European specialists to create a secure trading platform. Even DEX’s are prone to massive security holes, the latest being the hack of Cream Finance this month (February 2021) where $23million dollars worth of ETH was stolen!

Enter DCTDAO

DCTDAO is a revolutionary new platform, leveraging DECENT’s fast, scalable and cost effective DCore Blockchain, it’s big partnerships as well as a strong community with a new connectivity platform which aims to bridge the benefits of DCore with an interconnected system for traders.

For crypto backers and traders, they can enjoy fast trading with a Multi-Wrapped tokens as well as having the ultimate security with a Quantum Proof upgrade to DCore. In addition para-chain technologies using Polkadot as a basis for the main trading DEX and the Moonbeam cross-chain protocol will be implemented.

By developing a new governance token on DeFI, owners of the DCTDAO token (DCTD) are able to vote and get involved with development, as well as enjoy rewards with an exciting, interconnected Blockchain project launching in 2021.

The fundamental setup of DCTDAO is as follows:

  1. DCore will be upgraded with new API’s and tech to make it interoperable with any Blockchain including at first Polkadot and Moonbeam (once code becomes available sometime in June, 2021). ERC-20 will act as the first MVP (Open-source code is currently published on GitHub and the DCTDAO website).
  2. DCTDAO cross-chain development and governance token: DCTD deployment.
  3. DCore will be fully upgraded with Quantum Security, developed and implemented by some of the largest European / North American Cyber Security firms in the space. DCore will enjoy the benefits of a future-proofed platform for the ultimate in trading and DAPP security.
  4. DCTDAO DAPP Platform includes:

a. Wrapped DCT (old original token) for ERC-20 and Polkadot Moonbeam trading.

b. DEX Deployment for DCTD exchanges to further create interoperability.

c. Developer voting platform by community of DCTD holders for the next generation of application development.

d. Further wrapped DCT bridges beyond Polkadot and Moonbeam i.e., BTC, etc will be deployed.

  1. DCore DCT token will be fully removed from centralized exchanges (process currently happening) and a wrapped token called WDCT will be developed and made available for a fully decentralized cross trading, allowing Polkadot, Moonbeam, ERC-20 tokens to be traded back and forth with extremely minimal fees and fast speeds.
  2. DCore will remain as the core of DECENT running the DPoS based DAPPS in a fast, efficient and cost-effective manner.
  3. DCTD will act as a trading pair for WDCT on multiple DEX.
  4. DCTD will be rewarded to voters via smart contracts for new staking rewards options.
  5. WDCT is only the beginning with a full set of connectivity for multi-blockchain setup in the works all built and funded by DCTD.

DCTD Tokenomics and Distribution

DCTD Distributions details :

DCTD Token Emission Details

The Total Supply of DCTDAO Token is capped at 10.000.000 DCTD

1. Private Sale

  • 1.500.000 DCTD will be allocated for sale on the Private Sale Round priced at USD 1 per DCTD Equivalent of Cryptocurrency at the time of the Private Sale Round.
  • 375.000 DCTD will be locked, vested and released every month, up to 3 months.
  • Any unsold tokens during the Private Sale Round will be burned.

2. Public Sale

  • 312.500 DCTD will be allocated for sale on the Public Sale Round priced at USD 1.6 per DCTD Equivalent of crypto at the time of the Public Sale Round.
  • 312.500 DCTD will be unlocked on the first listing day of DCTD.
  • Any unsold tokens during the Public Sale Round will be burned.

3. Tech Development

  • 15% of total supply or 1.500.000 DCTD will be reserved for Tech Development.
  • 5% or 75.000 DCTD will be released on the first listing day.
  • Followed by a full lockup for the remaining tokens for 6 months.
  • After 6 months, 5% or 75.000 DCTD will be released once a month until the allocation is fully depleted.

4. Team & Advisors

  • 5% of total supply or 500.000 DCTD will be reserved for Team & Advisors.
  • 5% or 25.000 DCTD will be released on the first listing day.
  • Followed by a full lockup for the remaining tokens for 6 months.
  • After 6 months, 5% or 25.000 DCTD will be released once a month until the allocation is fully depleted.

5. Marketing, Integration & Partnerships

  • 15% of total supply or 1.500.000 DCTD will be reserved for Marketing, Integration & Partnerships.
  • 5% or 75.000 DCTD will be released on the first listing day.
  • Followed by a full lockup for the remaining tokens.
  • After 6 months, 5% or 75.000 DCTD will be released once a month until the allocation is fully depleted.

6. Token Burn

  • 6% of total supply or 600.000 DCTD will be reserved for DCT Token Burn that will be done in the span of 3 years.
  • 1% or 100.000 DCTD will be used to buy DCT tokens on any open market at the end of month 6 of the launch.
  • This cycle will happen in the span of 3 years or 6 Burning Cycles.

7. Liquidity Mining

  • 40.875% of total supply or 4087500 DCTD is reserved for Liquidity Mining.
  • These tokens will be available on exchanges for the sole purpose of liquidity.

Would you like to earn TOKEN right now! ☞ CLICK HERE

How and Where to Buy DCTD ?

DCTD is now live on the Ethereum mainnet. The token address for DCTDis 0xb566e883555aebf5b1db211070b530ab00a4b18a. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

Just be sure you have enough ETH in your wallet to cover the transaction fees.

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

☞ SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step

You need a wallet address to Connect to Uniswap Decentralized Exchange, we use Metamask wallet

If you don’t have a Metamask wallet, read this article and follow the steps

☞What is Metamask wallet | How to Create a wallet and Use

Next step

Connect Metamask wallet to Uniswap Decentralized Exchange and Buy DCTD token

Contract: 0xb566e883555aebf5b1db211070b530ab00a4b18a

Read more: What is Uniswap | Beginner’s Guide on How to Use Uniswap

The top exchange for trading in DCTD token is currently Uniswap (V2), Bilaxy, 1inch Exchange, and 0x Protocol

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once DCTD gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
☞ https://www.mxc.ai
☞ https://www.probit.com
☞ https://www.gate.io
☞ https://www.coinbase.com

Find more information DCTD

☞ Website ☞ Website 2 ☞ Explorer ☞ Explorer 2 ☞ Whitepaper ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Message Board ☞ Coinmarketcap

🔺DISCLAIMER: Trading Cryptocurrency is VERY risky. Make sure that you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your funds

If you are a beginner, learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

Don’t hesitate to let me know if you intend to give a little extra bonus to this article. I highly appreciate your actions!

Wallet address:

BTC : 1FnYrvnEmov2w9fovbDQ4vX8U2dhrEc29c
USDT : 0xfee027e0acfa386809eca0276dab286900d75ad7
DOGE : DSsLMmGTwCnJ48toEyYmEF4gr2VXTa5LiZ

I hope this post will help you. Don’t forget to leave a like, comment and sharing it with others. Thank you!

#cryptocurrency #bitcoin #dctdao #dctd

What is DCTDAO (DCTD) | What is DCTDAO token | What is DCTD token
9.40 GEEK