Dafi Protocol

Dafi Protocol

TBA
15,961 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
Active
Zwoop
Using AI and blockchain, Zwoop’s unique find engine helps shoppers find the products they want from any website, at the best available price with a single click checkout. Shoppers will be able to pay for products using cryptocurrency and ZWP tokens.
Active
COTI
COTI is the world’s first blockchain protocol optimized for decentralized payments, designed for use by merchants, governments, payment dApps and stable coin issuers. COTI Pay, our first app, already boasts a network of 5,000 merchants and 80,000 users. COTI uses a DAG (directed acyclic graph) ledger to address the shortcomings of blockchain platforms that make them unsuitable for supporting mainstream and everyday transactional needs.
Upcoming
CARE Token
CARE Token is an ethereum blockchain cryptocurrency project that based on senior health care services. The project have backing of a known health care company in Nigeria called A&A Elderly Care Services.The project aim to provide solutions to the threat posing a challenge towards the care of the seniors through our DApp Platform.
Upcoming
BlockStorage
BlockStorage is a protocol built to connect and abstract all communications with the blockchain, simplifying the user’s life. The current state of cloud storage, with dozens of reports of security issues, the overall perception of lack of privacy, along with the usual high monthly fees calls for a new kind of storage service, one that guarantees data privacy at lower (or no) costs. From those concerns, we envisioned BlockStorage, a storage protocol based on the principles of ease of use and privacy. Built with the casual user in mind, it allows anyone to store and recover any type of file on any existing blockchain, without cost (besides the transaction fee to store the file). BlockStorage leverages blockchain technology to ensure the safest and most transparent storage experience. Our protocol allows users to seamlessly upload files to the blockchain of their choice while taking care of the data encryption and the respective blockchain protocol. And, because of the inherent nature of blockchains, it assures that the data will never be lost. In short, it will store the files for life without any recurring costs.
Upcoming
Unchainet
UNCHAINET connects underutilized server resources with clients who need them. Our blockchain protocols govern the network, align provider incentives with computing resource quality giving choices and transparency to the cloud client market.
Upcoming
GoRecruit
GoRecruit is an AI recruitment system based on blockchain technology, which offers a new way of evaluating job applicants. The AI system, being a convenient online service, enables making HR decisions based on the analysis of data from social networks and publicly available sources. To select applicants for an interview, one does not need to spend several hours for processing and analyzing the data: one will acquire the detailed information with recommendations immediately after the authorization of a candidate in the GoRecruit system. This approach will make access to vacancies more open, eliminate human error in hiring, as well as reduce the cost of HR service by optimizing routine work.