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Digital Bank of Africa logo
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Digital Bank of Africa (DBA)

STO
Ongoing
Dec 02, 2020 – Jul 02, 2021

DafriBank or The Digital Bank of Africa (DBA) is a borderless digital bank specifically built to serve as an electronic payment gateway system for digital entrepreneurs and merchants.

IMPORTANT: By investing in this business you agree to our Disclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

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Overview

Project industryFinance Services & Banking
Product typePlatform
FoundedSouth Africa

What is Digital Bank of Africa

DBA is a native token by DafriBank Limited, the new pioneer digital bank outlet headquartered in Africa. The Digital Bank of Africa Project is an online bank project and the flagship product of the DafriGroup PLC ecosystem, which transactions will be carried out with the native token (DBA). The project will also expand to have a wallet, Crypto Exchange, and other use-cases. The DafriBank is set to offer DeFi (Decentralized Finance) through Native Token (DBA), allowing holders the opportunity to earn higher returns on their assets.

DafriBank Limited has one of the most useful, advanced, and robust digital banking system designed to be a gateway to many platforms and businesses, empowering people from all walks of life to embrace the technological revolution of Blockchain and invest in cryptocurrencies. Contained within the DBA network are the DafriWallets and DafriExchange with its highly sophisticated trading engines and advanced dashboard as well as other important use-cases. By targeting the untapped, high potential demographics for their inclusion in the Cryptocurrency market, our goal is to become one of the most diverse banking solutions and digitized businesses for everyone. We aim to achieve this through DBA token powered DafriBank that will provide regular digital banking services that fully embraces a blockchain solution.

Details

Public sales: Dec 02, 2020 - Jul 02, 2021
Token supply: 100,000,000 DBA
Total tokens for sale: 70,000,000 DBA
Hard cap: 12,700,000 USD

Legal

Registration country: South Africa
Office address: 35 Mozart Lane Midrand, Forte Complex, Johannesburg, South Africa , 1685

Token info

Ticker: DBA
Type: Security
Token standard: ERC-20
Token price in USD: 1 DBA = 0.01 USD
Accepted currencies: Fiat, ETH, BTC
Token distribution:
10% - Exchange Listing
10% - Dafribank Reserve
10% - Marketing and Pool
70% - Token Sale

Offices on the map

Digital Bank of Africa Roadmap

1
Q4 2019
  • Idea Conception
  • Define market segments
  • Estimation of development cost
  • 2
    Q1-Q2 2020
  • Project feasibility
  • Preliminary Research
  • Team structuring
  • Business Development and Logistics
  • First Investor Donations to the tune of $5 million
  • Legal processes
  • 3
    Q3 2020
  • DafriBank Digital Banking system development
  • DafriExchange Web & Mobile App development
  • Development of DafriPay
  • DafriEstate expansion and land acquisition
  • 4
    Q4 2020
  • DafriExchange open for public trading
  • DBA Token Internal sales month 1 begins.
  • DafriBank Digital Banking system pre-registration begins
  • The development of the DeFi application begins
  • 5
    Q1- Q3 2021
  • DBA Token Internal sales end.
  • Listing of DBA on Tier 1 exchange platforms.
  • Launch of DafriBank iOS Mobile App
  • Start of DafriBank 1 million customer campaign begins.
  • Development of DafriNative Wallet with DApp Integration
  • OMAHA hotel Mthatha open for bookings
  • DafriBank final testing and release to the public
  • Release of DafriPay for public use
  • 6
    Q4 2021
  • DafriBank ATM card rollout
  • Integration of DeFi Lending Protocol to Dafri network
  • End of vesting period and commencement of 3% monthly token release to investors
  • OMAHA hotel Limpopo open for bookings
  • The development of acquired landed properties begins
  • 7
    Q1- Q4 2022
  • DafriBank commercial banking license application submission to CBN with N25 billion down payment. DafriBank Nigeria headquarters construction begins
  • DBA adopted as the main currency across all DafriNetwork
  • 8
    Q1 - Q4 2023
  • The launch of DafriChain, The expansion of OMAHA Hotels into West Africa
  • Preliminary Research of DafriBlockchain University of Africa (DBUA) begins
  • Preliminary Research of DafriPrivate Hospital begins.
  • The establishment of DafriSport Academy in 3 major African football countries., token burn
  • The process of establishing DafriAir begins
  • Project team

    Xolane Ndhlovu
    Xolane Ndhlovu
    Chariman - Dafrigroup PLC
    Xolane Ndhlovu linkedin
    Ramaswamy Easwaran
    Ramaswamy Easwaran
    C.E.O Dafribank Limited
    Ramaswamy Easwaran linkedin
    Catherine Anajemba
    Catherine Anajemba
    CMO
    Catherine Anajemba linkedin

    Social media

    Digital Bank of Africa web-siteDigital Bank of Africa MediumDigital Bank of Africa TelegramDigital Bank of Africa InstagramDigital Bank of Africa TwitterDigital Bank of Africa Facebook

    User rating:

    5/5 ( 1 )
    27

    How To get a verified Project status

    To pass the verification you need to place a our logo on the main page of your website and make an announcement of the listing in your social network accounts. Send us the email in reply with confirmation of the link placement.

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    5 Responses

  • AndileFebruary 7, 2021 at 3:24 pm

    Great project, can’t wait.

    Reply
  • CalebApril 17, 2021 at 1:13 am

    This is the project that Africa has been waiting forI’m buying as many DBAs as I can

    Reply
  • lizheynceApril 20, 2021 at 8:06 pm

    already have 8000 + tokens bought .” Buy dba now , you’ll thank me later” . Thia massage i sent to everyone under my family tree. some did respond ,and those who did went big more than me .hahaha

    Reply
  • Raj KumarApril 20, 2021 at 10:28 pm

    How can I buy?

    Reply
  • KingMay 19, 2021 at 10:31 am

    Can U.S. citizens use dafri exchange? Is it available to us?

    Reply
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