Website

Wala (DALA)

ICO

Last updated: Apr 20, 2019

Digital financial platform which provides financial and transaction services to consumers.

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Overview

Project industry	Finance Services & Banking
Whitepaper	Open

Technical details

Dala is an ERC20 token on the Ethereum blockchain. Users initially acquire DALA through by using the application of the launch partner, Wala. Dala will also provide high liquidity nodes on the Raiden Network to support payment channels to enable instantaneous, near-free transactions.

What is Wala

The Wala Financial Platform is designed to transition cashbased consumers into the digital financial economy. The token is fractionally divisible and more isolated from the volatility of local currencies and global cryptocurrencies. Consumers will be able to engage in the Dala ecosystem by making transfers using their own token wallets, via the Wala Financial Platform, or through other partner applications that make use of the Dala API. Upon launch, the Dala token will have immediate utility within the Wala Financial Platform where a user can transfer Dala to other Wala users for free, remit across borders, and redeem Dala for airtime, data, and other value-added services.

Details

Public sales: Nov 30, 2017 - Dec 10, 2017
Raised: 1,195,794 USD

Token info

Ticker: DALA
Accepted currencies: ETH
Token distribution:
40% - Dala Corporation to drive adoption of the Dala ecosystem.
30% - Backers during the token sale. Tokens are non-transferable until the token sale is complete.
30% - Wala as the initial partner of the Dala ecosystem.