Digital Bank of Africa logo

Digital Bank of Africa (DBA)

Finance
Website
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Status
STO

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.

Digital Bank of Africa White Paper Whitepaper

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Interest lvl
Low
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User Rating
High
3.8/5 31 votes
Ticker
DBA
Type
Security
Token standard
ERC-20
Founded South Africa
Registration country South Africa
Office address 35 Mozart Lane Midrand, Forte Complex, Johannesburg, South Africa , 1685

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.

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
  • Token Sale Dates

    ICO

    Start date: Dec 02, 2020
    End date: Jul 02, 2021

    Token Allocation

    Total Token Supply 100,000,000 DBA
    Total Tokens for Sale 70,000,000 DBA

    Funding Details

    Hard Cap 12,700,000 USD

    Token distribution


    10% - Exchange Listing
    10% - Dafribank Reserve
    10% - Marketing and Pool
    70% - Token Sale

    Token Price and Payment Options

    Token price USD 1 DBA = 0.01 USD
    Accepted Currencies Fiat, ETH, BTC

    Project team

    Xolane Ndhlovu
    Xolane Ndhlovu
    Chariman - Dafrigroup PLC
    Xolane Ndhlovu linkedin-team
    Catherine Anajemba
    Catherine Anajemba
    CMO
    Catherine Anajemba linkedin-team

    Social media

    Industries

    7 Responses

  • Andile February 7, 2021 at 3:24 pm

    Great project, can’t wait.

    Reply
  • Caleb April 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
  • lizheynce April 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 Kumar April 20, 2021 at 10:28 pm

    How can I buy?

    Reply
  • King May 19, 2021 at 10:31 am

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

    Reply
    • CORNELIUS OKWUDILI EZEOKEKE June 25, 2021 at 7:44 pm

      It wasn’t difficult for me to understand minimally how DBA would work. I decided to partake in this African revolution represented by DBA. I am so happy to be part of this global business family. Any one can actually invest in DBA from any where in the world.

      Reply
  • CORNELIUS OKWUDILI EZEOKEKE June 25, 2021 at 7:42 pm

    This is a wonderful project that will disrupt the African banking system. I am glad to be an early investor in this project. It wasn’t difficult for me to understand minimally how DBA would work. I decided to partake in this African revolution represented by DBA. I am so happy to be part of this global business family.

    Reply
  • Leave a Reply to Caleb Cancel Reply

    Your email address will not be published. Required fields are marked *

    listing on exchanges

    7 Responses

  • Andile February 7, 2021 at 3:24 pm

    Great project, can’t wait.

    Reply
  • Caleb April 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
  • lizheynce April 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 Kumar April 20, 2021 at 10:28 pm

    How can I buy?

    Reply
  • King May 19, 2021 at 10:31 am

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

    Reply
    • CORNELIUS OKWUDILI EZEOKEKE June 25, 2021 at 7:44 pm

      It wasn’t difficult for me to understand minimally how DBA would work. I decided to partake in this African revolution represented by DBA. I am so happy to be part of this global business family. Any one can actually invest in DBA from any where in the world.

      Reply
  • CORNELIUS OKWUDILI EZEOKEKE June 25, 2021 at 7:42 pm

    This is a wonderful project that will disrupt the African banking system. I am glad to be an early investor in this project. It wasn’t difficult for me to understand minimally how DBA would work. I decided to partake in this African revolution represented by DBA. I am so happy to be part of this global business family.

    Reply
  • Leave a Reply to Caleb Cancel Reply

    Your email address will not be published. Required fields are marked *

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