Private Pre-sale is now open
DafriBank is giving select investors the exclusive opportunity to participate in its private STO (Security Token Offering). These early bird investors will purchase DBA tokens at the lowest price imaginable and become a part of our ecosystem.
Introducing the DBA security token
Backed by DafriGroup PLC with several use cases across its many subsidiaries.
Token Information
- Type: ERC-20 tokens
- Total supply: 100 million
- Initial price: $0.01 per DBA
- Purchase method: BTC, ETH, Debit/Credit card
STO (Security Token Offering) presale overview
- 70 million DBA tokens have been allocated for sale over a 7-month duration (November 2nd - June 2nd 2020)
- 10 million tokens will be sold each month for the period of 7 month
- Sale of tokens will be on a first come first serve basis
- Price of tokens during each month of the presale is as follows
Month 1
$0.01 per token
Month 2
$0.02 per token
Month 3
$0.04 per token
Month 4
$0.08 per token
Month 5
$0.16 per token
Month 6
$0.32 per token
Month 7
$0.64 per token
Investment guidelines during the presale
- DafriExchange is looking for only serious investors in the STO. Invest and grow with Dafri.
- In addition to a KYC verification process, all prospective Investors are mandated to fill out the STO application form and will be expected to clearly state the total budget to be invested.
- Investors will have the options to select one of two payment structures - monthly deposits or One-time deposit. Access to the presale will not be granted without an initial deposit.
- Every investor in the DBA community will be granted equal opportunity to invest at the different price points during the presale.This means each investor's budget will be spread equally across the 7 months duration of the STO. Use our investment calculator to check your projected DBA token allocation for your desired investment budget.
- Minimum amount to participate is set at $70 ($10/month). There is no maximum.
- Investors will be able to increase their buying power and this will take effect from the 4th month of the STO. There will be no increase in deposit at months 1-3. It is therefore advised that a considerable amount be deposited at the initial stages to receive the highest volume of DBA tokens at the lowest rates.
- This internal sales represents an opportunity to get DBA tokens at the cheapest rates. Subsequently our release on exchanges will start at $1 to the public.
Disclaimer
Before choosing the instalment payments option, please be informed of the following implications.
- In the event of a high monthly demand in DBA tokens that is above the total allocated tokens for the presale, investors who made full payment will be prioritized and will receive their tokens before investors paying in instalments.
- Investors who made full payment will receive their tokens instantly in their back office wallets after purchase, while investors who have chosen to pay in instalments will not receive their tokens until the end of 7 months presale.
- Investors on the instalment plan who default on repayment will have the total sum received at the end of month 7 spread to accommodate the defaulted months based on the pricing for each month.
We strongly suggest you consider it carefully before choosing the instalments investment option.
The instalment option is our value added leverage to the under-resourced who cannot afford lump sum deposit. While DafriGroup is committed to enabling economic opportunities to the most economically disadvantaged, we intend to do that without compromising the sustainability of the company.