Dafi Protocol

Dafi Protocol

TBA
15,806 Views
All decentralized economies distribute tokens to users. The problem is that distributing tokens when adoption is low, creates an excess supply & devalues the economy. There is no link between the release of network supply and the network's adoption. This harms longer-term users and only favours short-term participants. Dafi introduces the first alternative since Bitcoin, to use network rewards for building a decentralized economy. Instead of directly issuing tokens for staking & liquidity – Dafi ties synthetics to each network's adoption. This means that the token release & network demand is proportional. Meaning users are still incentivized when adoption is low, but by being rewarded later, not earlier. By linking these two factors, it attracts longer-term users to be incentivized longer, supporting adoption. Dafi enables every protocol and platform to create a synthetic flavour from their native token. This is then algorithmically pegged to the demand of their network and distributed to users. Synthetic dTokens on Dafi can be created by projects and distributed to their users for Staking, Nodes, Liquidity, or even Participation/Bounty rewards. Individuals can stake the DAFI token for governance and collateralize the creation of dDAFI, the first synthetic unit which is tied to network demand. The quantity of the synthetic can increase only as network adoption rises – incentivizing longer-term users.
7.4
TOTAL SCORE
4.2
ICO PROFILE

(weight: 45%)

10
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Dates: TBA
Whitelist/KYC: Whitelist
Token info
Ticker: DAFI
Total supply: 2,250,000,000 DAFI
2018
Dafi testing theories in blockchain
2019
Presenting at institutions and events & NatWest bank incubation
Q1 2020
Dafi branding changes
Q2 2020
Strategic partnerships confirmed privately
Q3 2020
MVP development
Q4 2020
User-creation platform for synthetics
Q1 2021
DAFI token sale
Q2 2021
DAFI staking to create network synthetics
Q3 2021
New protocol flavours of dToken
Q4 2021
Dafi NFT minting using synthetics
Q1 2022
Further DeFi features built on DAFI (lending, DEX’s, NFT’s of value)
Q2 2022
Creating a financial universe around DAFI
Zain Rana
CEO, Founder
Participates in a number of projects
Babar Shabir
Head of partnerships
Participates in a number of projects
Oleh Pashchenko
Blockchain Developer
Participates in a number of projects
Walleed Mehmood
Software Specialist
Participates in a number of projects
Adam Ben
Growth & Marketing Lead
Participates in a number of projects

Advisors (1)

John Milburn
Technical Advisor
Participates in a number of projects
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Upcoming
Xsure
Xsure is a decentralized risk management platform that facilitates real-time communication between insurance providers and the end customer. With the help of machine learning and blockchain trust-less governance technologies we have managed to eliminate third parties from the whole insurance life-cycle and turn it into a dynamic process instead of a static one.
Upcoming
Constellation
The Constellation protocol implements a horizontally scalable blockchain architecture known as Extended Trust Chain with a peer to peer layer known as a gossip protocol that can be deployed on a mobile device. Constellation approaches smart contracts with a microservice architecture allowing for highly available services to be chained and composed into distributed applications with just an understanding of each microservice’s SLA (service level agreement) and/or type signature. This architecture ensures high transaction throughput, allowing for consumer grade distributed applications to be built on Constellation.
Active
BERTINITY
BERTINITY is a disruptive innovation and a fully anonymous and No KYC blockchain financial ecosystem.
Upcoming
Fan360
The first sports community for fans, that covers the complete fan experience. Follow your favourite sports star, club or brand and get rewarded for engaging.
Active
Innou
INNOU is a digital ecosystem, aiming to become the world’s first completely decentralized multimedia marketplace. Gaming, News Channel, Instant Messaging and the Integrated Wallet are just a few of the modules incorporated in the final mobile app, which we launch. With INNOU we want to bridge the gap between the fiat and digital money systems. Therefore, INNOU will be built as a hybrid model of blockchain technology and classical web services. INNOU will provide secure and transparent transactions, entertainment, messaging services, and an ‘on demand’ platform for content creators. Overall, we follow our strategy to include multiple sustainable features, such as planting trees in deforested areas through the game. The community will be able to create and discover economic niches and earn money while following their passion on a global scale. By implementing the largest cryptocurrencies into one single wallet, we will create a marketplace that is independent from any major currency and enables the users to list, sell and advertise their goods and services.
Upcoming
Sponsy
Sponsy is disrupting the sponsorship industry. It is a one-stop online solution for sponsors and sponsees to conduct sponsorship deals. By tokenizing sponsorship assets and decentralizing decision-making, we do not only reduce costs, but also provide sponsees with a wider choice of sponsorship opportunities and make sponsorships available to every business.