Digicask ($DCASK) Token
Aside from the whisky tokens, which are restricted to trading on our platform, DigiCask owns a utility token, DCASK, that enables the Digicask Ecosystem. Its use cases include Staking and Governance, Incentivising the DigiCask platform investors via buyback and fees payment on the DigiCask platform. .
The token has been engineered in such a way that even in the bear market, our periodic buyback always ensures some price action of the DCASK token.
Token Distribution based on Max Supply
Token Lock Up Schedule
| Allocation | TGE % of allocation | Cliff (in months) | Vesting (in months) | Total vesting |
|---|---|---|---|---|
| IDO | 20.0% | 0 | 3 | 3 |
| Team | 0.0% | 12 | 36 | 48 |
| Advisors | 0.0% | 6 | 24 | 30 |
| Reserve | 0.0% | 12 | 36 | 48 |
| Ecosystem Growth Fund | 0.0% | 0 | 48 | 48 |
| Marketing | 0.0% | 0 | 36 | 36 |
| Liquidity | 12.5% | 0 | 12 | 12 |
Token Unlock Schedule
DCASK Launch on Solana
Ticker: DCASK
Standard: SPL
Max Supply: 1,000,000,000 DCASK
Freeze Authority: False
Mint Authority: False
Audit URL: www. cyberscope.io/audits/dcask
Explorer URL: solscan.io/token/64sad4VP..
DCASK Public Round details
Initial Circulating Supply on TGE: 564,166,667 DCASK
Public Sale Price $0.0075
Exchange Listing Price: $0.02
Initial Market Cap: $962,000
Initial Circulating Supply: 48,100,000 DCASK
FDV at TGE: $20,000,000
DCASK Token Utilities
Governance
In order to become a part of the DAO Governance, Users will have to stake a certain amount of DCASK tokens. Some of the potential voting proposals can include:
- • Whisky collection to list
- •Percentage of company profit to be used for buyback
- •Platform Fees adjustment
- • Funding management
- • Treasury Committee
Incentive Distribution
For every round of whisky tokenized, some allocation of the profit will be used to buy back $DCASK token from the market to incentivize investors. This will be around 5% of the company broker profit from distilleries.
Transaction Fee
In the future, transaction fees on the platform will be charged in $DCASK token and burnt, hence providing more demand for the token and scarcity in the long term.
Incentivize Referral
Once the platform is launched, some allocation of the marketing pool will be dedicated to reward platform users who invite others to invest in at least one of the tokenized whisky collections. It is easier for existing users to market the products and influence other enthusiasts in their network to start using DigiCask platform.
Start your Whisky Investment Today!
Join our waitlist to get educative content about Whisky investment and be the first to know when we list a new whisky investment collection.
Sign up for our newsletter
This site is and the product advertised DigiCask is not a registered broker-dealer or investment advisor. DigiCask does not give investment advice, endorsement, analysis or recommendations with respect to any securities. Nothing on this website should be construed as an offer to sell, solicitation of an offer to buy or a recommendation in respect of a security. You are solely responsible for determining whether any investment, investment strategy or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult with licensed legal professionals and investment advisors for any legal, tax, insurance or investment advice.
DigiCask Ltd does not guarantee any investment performance, outcome or return of capital for any investment opportunity posted on this site. By accessing this site and any pages thereof, you agree to be bound by the Terms of Service and Privacy Policy. All investments involve risk and may result in partial or total loss. By accessing this site, investors understand and acknowledge 1) that investing in whisky cask, like investing in other fields, is risky and there can be loss of funds in the case of any unforeseeable situation; 2) that the whisky investment industry might have its ups and downs; 3) that the whisky cask you invest in might not result in a positive cash flow or perform as you expected; and 4) that the value of any whisky cask you invest in may decline at any time and the future property value is unpredictable. Before making an investment decision, prospective investors are advised to review all available information and consult with their tax and legal advisors. DigiCask Ltd does not provide investment advice or recommendations regarding any offering posted on this website.
Any investment-related information contained herein has been secured from sources that DigiCask Ltd believes to be reliable, but we make no representations or warranties as to the accuracy or completeness of such information and accept no liability therefore. Hyperlinks to third-party sites, or reproduction of third-party articles, do not constitute an approval or endorsement by DigiCask Ltd of the linked or reproduced content.
© 2024 DigiCask Ltd. All rights reserved