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This coin - Live This coin price and market cap

This coin - Live This coin price and market cap

Full Name
Dolla (DLA)
Symbol
DLA
Algorithm
BTC Price
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BTC Market
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BTC 24h Vol
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Total Coins Mined
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1h
24h
7d
Description

Dolla (DLA) Crypto ICO Description

Dolla is a new cryptocurrency aimed at fast online and offline payments. It is designed to provide low latency (~1 second for a transaction to clear) and high throughput (> 10000 transactions per second).

In contrast to many other blockchain based cryptocurrencies in which received payments may disappear retroactively with some probability, Dolla is final, meaning that its transactions will never be rolled back and there cannot be any forks in its blockchain. This is achieved using a permissioned, but decentralized consortium system based on Byzantine consensus with voting. The consensus is a slightly modified version of the DBFT algorithm.

Technology

Dolla (DLA) Crypto Technology

Sorry, detailed technology about Dolla (DLA) is not currently available

Features

Dolla (DLA) Crypto Features

Sorry, detailed features about Dolla (DLA) is not currently available

ICO Status

Dolla (DLA) ICO Details

ICO Status
Finished
Token Supply
100000000000
Start Date
2018-10-18
End Date
N/A
Fund Raised (BTC)
N/A
Fund Raised (USD)
6000000
Start Price (USD)
N/A
Security Audit Company
N/A
ICO Legal Form
Corporation
ICO Jurisdiction
Cayman Islands
Legal Advisers
N/A
White Paper

Dolla is a new cryptocurrency aimed at fast online and offline payments. It is designed to provide low latency (~1 second for a transaction to clear) and high throughput (> 10000 transactions per second).

In contrast to many other blockchain based cryptocurrencies in which received payments may disappear retroactively with some probability, Dolla is final, meaning that its transactions will never be rolled back and there cannot be any forks in its blockchain. This is achieved using a permissioned, but decentralized consortium system based on Byzantine consensus with voting. The consensus is a slightly modified version of the DBFT algorithm.

In the first announcement regarding the ICO, the public-sale token supply would represent 51% of the total token supply, so should be a total of 51,000,000,000 tokens available. The ICO funding target is 6,000,000 USD, the funding cap is 42,000,000 USD.

Team:

  • Andreas Holmes: CEO and Founder. 
  • Parrish Stanton: Chief Legal Officer. 
  • Nicole Herstik: Chief Financial Officer. 

Token Reserve Split (49%):

  • 15% Team;
  • 13% Airdrop & Charities;
  • 6% Early backers & Advisors;
  • 5 % Ordlab Expenses;
  • 5% Lead One Expenses;
  • 3% Liquidity;
  • 2% Node Operators;

Dolla ICO campaign features bounties and bonus.

Bonus Structure:

  • 40% First 10,000,000 USD raised
  • 30% From 10,000,000 USD to 20,000,000 USD receives
  • 20% From 20,000,000 USD to 30,000,000 USD
  • No bonus after 30,000,000 USD is reached.

Dolla Private-Sale began on October 18th, 2018. Since the Company raised 6,000,000 USD on the Private Sale they've decided to cancel the Public Sale. 

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