Dubler Token (DBT) set to start its public sale on 02 December on VinDAX Launchpad
Dubler Network: A cryptocurrency revolution is a blockchain oriented business from the Pacific region with over 2 years of experience in Cryptocurrency platform, has decided to use blockchain technology. The firm is set to launch its payment gateway Dubler Token (DBT) which would enable users to make payments against real physical currency.
The platform would offer token called (Dubler Token) a utility token with a market cap of 1 billion. The market cap of DBT token would depend upon the amount of fiat currency held in the reserve. The token would function on different ledgers, but the DBT token won’t be put on blockchain since its value depends on the physical currency.
DBT token, on the other hand, would be a utility token with several use cases including use for paying transaction fees, get discounts, and pay for goods and services to merchants affiliated with the Dubler Network platform. The price of this token will be determined by the market but would be available for $0.1 during the public sales.
Token Swap / Distribution
The firm is offering the Dubler Token in public sales using the token Swap system. In the token Swap process, users can get their hands on Dubler Token against Ethereum payments. Each ETH token can be swapped for 1800 Dubler Token
Users are required to send the ETH to the exchange address mentioned on the website, and users would receive their share of Dubler Token against the ETH they have sent, after the completion of the transaction. The firm would be offering this token in pre-ICO and ICO form where there would be 40 million tokens on offer while the ICO would see 43 million of these Dubler Token tokens up for sale.
The firm has set a minimum swap limit of 5 ETH during the pre-ICO sale which will decline to 0.005 ETH in ICO sale. There is no maximum limit for the swap.
The total supply of DBT is 1000000000 where 43 million will sale on public ICO / IEO
It will be listed on p2pb2b,Binance, IDEX, Dcoin and other exchanges on 1st week of January 2020.
A payment gateway backed by real Currency
The future of payments network is digital and in recent times more and more companies have realized it. Dubler Token being in the business of providing minted fiats to users for a decade has decided to create a payment network backed by real currency. Where its utility token Dubler Token can be used for making retail payments, paying transaction fees on the Dubler Token platform, and can also be exchanged against the token DBT, which represents the digital value of 1$..
Dubler Token is working to create a digital golden era where users can not only buy and sell DBT but also use it for exchange just like any other currency. But physical currency is not really
good for transportation and daily use, thus by using the modern-day technology of blockchain, Fiat currency can remain stored in one place but its value can be exchanged almost anywhere instantly.
It’s a win-win situation for the customers as well as retailers, where customers can benefit from using the increased market price of USD to make their retail payments while merchants can benefit from the fixed 1% transaction fee.
The Dubler Token gateway would work via Dubler network mobile commerce app which would utilize the top payment networks of the world and utilize the contactless payment technology as well. The mobile app would provide a range of services including,
● Fiat currency exchange;
● Transaction history;
● Manage payment details;
● Filter by currencies, payment time, shopping methods, etc;
● New store connections; and
● Customized loyalty and cashback programs.
The platform also promised numerous attractive services to attract merchants and spread the network of the Dubler Token. These services include,
● Conversion between fiat currencies and fiat money on Dubler Token Platform
● (available after this Token Swap campaign has ended);
● Increases the speed of payment, it now takes approximately 1 minute compared with days for current payment methods (other than cash);
● Reduced costs. On average payments through the Dubler network infrastructure will be
4 to 5 times cheaper than the cost of card acquiring;
● Flexibility with a wide range of payment solutions; and
● Reliability, all solutions have been tested over years of development and real-time
Dubler Token has also launched its open-source API which can be used by different service providers to make Dubler Token wallets, exchanges, automated payment system and many more.
The firm is planning to use the capital generated during the ICO sale towards expanding its service and business model.
Dubler Token IEO on Vindax : https://vindax.com/project/5dd6036d6816401f35fef9dc.html