DST – A silver mining ecosystem characterized by “Joint Creation, Integration, Co-existence and Join
Silver is a common precious metal in daily life that has stable chemical properties, good thermal conductivity and electroconductivity, soft property, good ductility and good reflectivity. Because of these special physical and chemical properties of silver, it has extensive application in electronic and electrical appliances, jewellery and decoration articles, currency, photosensitive materials, medicines, antibacterial and new technical fields. In addition, as a precious metal for investment, silver also has the functions of maintaining value and resisting inflation. Therefore, silver is of significant importance in promotion of a country’s scientific, technical economic and social development as well as in maintaining of national security and stability.
Silver mineral resources are heavy asset resources. It has always been a topic of discussion within the industry of how to make the resources flow and liquidate. On the basis of the international silver retailing industry, DST will create a silver ecosystem with the help of blockchain technology, so as to digitize the industrial resources, make the assets circulate, and further promote the industrial development and innovation.
DST has come forward as the solution to all these problems. Being a blockchain technology based system, DST provides a decentralized silver ecosystem with underlying blockchain technology, utilizing smart contract protocol to allow traditional silver mining industrial to digitize the industrial resources, increase assets circulation and production efficiency, as well as increasing the credibility of quality assurance through credible and sophisticated verification process and warranty card certification.
DST aims to build a silver mining ecosystem characterized by joint creation, integration, co-existence and joint consultation. The development of the mining industry is the process of the continuous extension of the industrial chain and the continuous evolution of the ecosystem. The development of the silver mining ecosystem will bring a breakthrough and subversive development of new kinetic energy for the progress of the industry and the win-win cooperation. DST is committed to build new mining ecosystem, expand science and technology, resources, funds, brands, public relations and investor relations, and contribute greatly in the promotion for the prosperity and development of silver with complementary advantages and evolutionary upgrading.
Become the company with most advanced technology and first-rate management in the field of silver to create a deep integration of industry cross-border development and build a silver mining ecosystem of “Blockchain + Smart Contract + Internet + Mining + Finance + Trading”
HOW DST WORKS
- To digitalize silver mining industry with blockchain so as to enhance its liquidity and obtain cash flow.
- To track origin of mineral products with blockchain so as to ensure its uniqueness and exclusiveness can’t be tampered.
- To increase financial service abilities of the industry, the payment application of the industrial chain and the applied scenarios.
- To promote relevant cultural projects with blockchain community, expend marketing and commercial channels and to increase competitiveness.
- To increase subjects appreciated by the public and investors.
Since DST uses distributed accounting and storage, there is no centralized hardware or management organization with equal rights and obligations at any node. The data blocks in the system are maintained by the nodes with maintenance functions in the whole system. From technical perspective, establishing the technology of decentralized trust is of subversive significance for improving efficiency and expanding business frontier.
- Full net bookkeeping
DST blockchain adopts a distributed shared accounting technology, a full net bookkeeping system with mutual assistance and cooperation, which is conducive to build a credit system that all could benefit. Using a consensus algorithm to record and verify all transaction records transparently and using mathematical algorithms instead of intermediaries could reduce greatly disputes and time waste compared to the traditional centralized mode.
- Professional and transparent
DST data base adopts distributed storage with time stamps that can’t be tampered, so as to solve effectively issues like data tracking and anticounterfeiting of information etc. Building of a transparent system for information release will allow easy supervision and control in real time the actual transaction information on the platform.
- Prompt transaction verification
DST can achieve transaction verification within seconds thanks to the White Paper V2.0, May 15, 2018 31 optimization of key sections such as signature algorithm, consensus mechanism and storage of books.
- Built-in smart contracts
A smart contract of DST is a set of commitments defined digitally, and blockchain is transformed into a party of the contract, responsible for the maintenance, preservation of the contract and its automatic execution.
- Issuance of multiple assets
DST blockchain can support different types of customers and issuance and transaction of multiple assets. Each asset can be tracked with details like its issuer, issued quantity and transaction etc.
TOKEN SALE AND INITIAL COIN OFFERING
DST is a decentralized blockchain digital asset developed by DST on the basis of Ethereum, a token created with standard technology ERC20. In addition to traditional investment, ICO is a unique way of financing in blockchain industry. The so-called ICO means financing by issuing tokens. Token represents some income rights or shares of the project. Supporters of a project can invest in blockchain start-ups by subscribing tokens of corresponding value. Another characteristic of the ICO, unlike traditional ways of financing, is that the start-up companies do not keep a lot of shares of equity, but rather sell most of their shares to the investors involved in the crowd-funding.
Driven by the Internet big data, the silver industry will go deeper into the integration of industry and financing, which is an integration on capital level. Through industrial financing, the financial capital operation is an important step of an enterprise in its development in capital and financial sector. For DST, the ICO in its development of financial sector is mainly due to three considerations.
The demand of capital in the mining sector is large, the rate of return is low and the return rate of the financial assets is relatively high. It is an objective need for the development of the mining enterprise to increase its profits by expanding the silver industry to the financial field.
Mining projects have long cycle of development with a big number of uncertain factors. In addition, since price of silver fluctuates greatly, the development of single mining sector cannot effectively shift risks while development of financial sector can shift the risks by effective use of financial tools so as to achieve the preservation and appreciation of assets.
Since a large amount of funds and related business in the mining industry are scattered in DST, there should be a solution on how to improve the efficiency of funds and reduce the financial cost. It’s appeared necessary for each sector to develop in a coordinated manner, and with comprehensive planning in order to improve the concentration of resource utilization and make full use of these resources. At present, the silver mining industry is actively reducing the efficiency and optimizing the benefit, conducting financial business, leveraging on capital market so as to alleviate the management pressure of the enterprise, and make the funds more used for industrial upgrading.
- Token: DST
- Total tokens issued: 545,000,000 DST
- Total tokens available for sale: 12.84% or 70,000,000 DST:
- Private-Sale 9.17% of total tokens for sale, or 50,000,000 DST;
- Pre-Sale 1.8% of total tokens for sale, or 10,000,000 DST;
- Token Sale 1.8% of total tokens for sale, or 10,000,000 DST.
- Currencies accepted: Ethereum (ETH)
- Token Issue Date: yet to be announced
- Date: April 20, 2018 — May 19, 2018
- Tokens available: 10,000,000 DST
- Hard cap: 6,666 ETH
- Pre-sale Price: 1 ETH = 1,500 DST (with bonus)
- Minimum Buying Transaction: 1.0 ETH
- Maximum Buying Transaction: Not limited
- Date: May 26, 2018 — August 15, 2018
- Tokens available: 10,000,000 DST
- Hard cap on Main Sale: 6,666 ETH
- Main Sale Price: 1 ETH = 1,500 DST
- Maximum Buying Transaction: None
- Bonuses: No bonuses at this stage
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