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Dubai Token

Dubai Token

ICO Ended
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18 Apr 2020 .
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The Smart Dubai Token(DXB) is anchored in collaboration with private sector and government partners, Smart Dubai is the government office charged with facilitating Dubai’s citywide smart transformation, to empower, deliver and promote an efficient, seamless, safe and impactful city experience for residents and visitors. Smart Dubai is committed to a collaborative and agile approach to Dubai’s smart city transformation, empowering strategic partnerships with the public and private sector and academia to design and implement services and elevate citywide thought leadership, in line with its mission to make Dubai the happiest city on earth through technology innovation. The Dubai Token (DXB) comes with the initiative of solving some payment problems within the transportation, Big data leverage, Bulk payment (local and international), banking and other public relative sectors affecting Dubai.
AI Banking Big Data Cryptocurrency Infrastructure Platform
6.8
TOTAL SCORE
7.7
ICO PROFILE

(weight: 45%)

6
TEAM PROOF

(weight: 20%)

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General
Website: Visit
MVP: Available
Pre-sale Time: 06 July 2019 - 06 Aug 2019
ICO Time: 07 Aug 2019 - 07 Dec 2019
Whitelist/KYC: KYC
Country: United Arab Emirates
Token info
Ticker: DXB
Platform: Ethereum
Token Type: ERC-20
Available for sale: 450,000,000 DXB (45%)
Total supply: 1,000,000,000 DXB
Financial
ICO Price: 1 DXB = 0.02 USD
Accepting: ETH
Soft cap: 2,000,000 USD
Hard cap: 50,000,000 USD
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Q1 2019
1. Team of 10 full-time contributors established<br /> 2. Financial Intermediary status in Dubai in preparation<br /> 3. Platform prototype fully functional on consortium blockchain build.<br /> 4. Go-to-market focus areas:<br /> a. Establishment of flagship conference series Crypto / ICO Summit<br /> b. Brand awareness / PR (print, online, TV)<br /> 5. Key partnerships established with VC funds, technology providers, and legal<br /> advisors
Q2-Q3 2019
1. First round of pre-sale completed with focus on strategic investors<br /> 2. Team of 37 full-time contributors established<br /> 3. Financial Intermediary status (AML-license) received in Switzerland<br /> 4. Banking License (Liechtenstein) and Security Dealer license application in preparation<br /> 5. Development of core platform components completed, overall integration tests ongoing<br /> 6. Go-to-market focus areas:<br /> a. Early access user onboarding<br /> b. Global expansion of conference series (Crypto Summit World Tour)<br /> 7. Further partnerships with VC funds, technology provider and legal advisors<br /> 8. Second round of pre-sale completed with focus on strategic partners.
Q4 2019 – Q1 2020
1. Team of 45 full-time contributors established, plus opening for outside developers.<br /> 2. Launch of platform with core components in production – listing of Smart Dubai token as.<br /> first proof of issuance and trading capabilities followed by trading of selected.<br /> Cryptocurrencies, utility and payment token.<br /> 3. Establishment of enterprise-grade custody solution for digital assets.<br /> 4. Applications for Banking License and OTF (Organized Trading Facility) completed.<br /> 5. Core members of asset verticals joined the Smart Dubai network, working groups.<br /> Preparing the legal frameworks for security trading.<br /> 6. Go-to-market focus areas:<br /> a. Ramp-up of online communities and onboarding of users to the platform.<br /> b. Brand awareness in home markets (UAE, EU, Switzerland, UK).<br /> 7. ICO completed.
Q2 2020 – Q4 2020
1. Team of 75 full-time, plus significant growth of external contributor team.<br /> 2. Banking license in Liechtenstein granted, additional services in securitization and basic<br /> banking services.<br /> 3. Begin listing and trading security tokens on the Smart Dubai Platform.<br /> 4. Extended functionality in production - collaboration tools, incentive systems, task and<br /> apps marketplace.<br /> 5. Functionality for decentralized trading for selected assets enabled (smart contract-based<br /> auctions).<br /> 6. Smart Dubai Chain operational to meet specific regulatory / compliance requirements for<br /> certain security token.<br /> 7. Go-to-market focus area: growth of user base in home market plus top 10 focus countries though incentives and reward programs.
2020
1. Rapid expansion of listed tokens.<br /> 2. Functionality for decentralized, compliant trading is extended to securities and becomes.<br /> Primary method for less liquid assets (global pooling of liquidity).<br /> 3. Smart Dubai network includes similar platforms in the US and Asia enabling crossplatform listings and distribution.<br /> 4. Advanced functionality for incentivizing decentralized value creation.<br /> 5. Large ecosystem established driving the open source functional extension.
Wesam Lootar
CEO
Participates in a number of projects
Aisha Bin Bishr
Director General
Participates in a number of projects
Nara El-Haddadi
Head Of Strategy&Marketing
Participates in a number of projects
Mark Cheung
Project Manager
Participates in a number of projects
Anton Gassolo
Chief Blockchain Developer
Participates in a number of projects
Lucas Weiner
Chief AI and Machine Learning
Participates in a number of projects

Advisors (4)

Wei Zhou
Participates in a number of projects
Giancarlo Devasini
Participates in a number of projects
Alain Falys
Participates in a number of projects
Thomas Kern
Participates in a number of projects
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