ICO Distribution
ICO Sale
ICO and Presale
ICO pre-sale is scheduled to start on April 30, 2021 and last for a total of 1 year, with 4 stages. The ICO Period will be terminated on April 30, 2022, and DBC token volumes staked by investors will be distributed to wallet addresses. These stages and conditions are determined by our team as follows.
Stage A - Presale Global
- Date: 30 April 2021 - 31 July 2021
- Bonus: 1% - 5,000 DBC+ 2% - 10,000 DBC+ 3%
- Stage A Sales: 25,000,000 DBC ($250,000)
- Stage A sales price: 0.010$
- Investor Data (KYC): NO
- DBC Token Distribution: All DBC Tokens will be distributed when the ICO Expires on April 30, 2022.
Stage B - Presale Global
- Date: 1 August 2021 - 31 October 2021
- Bonus: 1% - 5,000 DBC+ 2% - 10,000 DBC+ 3%
- Phase B Sales: 25,000,000 DBC ($1,250,000)
- Stage B sale price: 0.050$
- Investor Data (KYC): NO
- DBC Token Distribution: All DBC Tokens will be distributed when the ICO Expires on April 30, 2022.
Stage C - Presale Global
- Date: 1 November 2021 - 31 January 2022
- Bonus: 1% - 5,000 DBC+ 2% - 10,000 DBC+ 3%
- Phase C Sales: 25,000,000 DBC ($3,750,000)
- Stage C sale price: 0.15$
- Investor Data (KYC): NO
- DBC Token Distribution: All DBC Tokens will be distributed when the ICO Expires on April 30, 2022.
Stage D - Presale Global
- Date: 1 February 2022 - 30 April 2022
- Bonus: 1% - 5,000 DBC+ 2% - 10,000 DBC+ 3%
- Phase D Sales: 25,000,000 DBC ($5,000,000)
- Stage D sales price: 0.20$
- Investor Data (KYC): NO
- DBC Token Distribution: All DBC Tokens will be distributed when the ICO Expires on April 30, 2022.
Legal basis for DBC Token emission
The Digital Bureaucracy (DBC) is a legal opinion draft regarding the intention to realize an Initial Coin Offerings (ICO) of digital tokens with the characteristics of digital currencies. This Project aims to promote practical knowledge regarding blockchain technology and its daily use among users around the world.
- Digital Bureaucracy (DBC) is the creator and distributor of digital tokens with the features of digital currencies based on blockchain technology,
- Tokens - called the Digital Bureaucracy (DBC) - has the properties of utility tokens,
- The primary goal of this project is to provide solutions to Bureaucracy challenges that concern everyone's lives, the aim is to get people to get to know the practical aspects of blockchain technology and how to use useful tokens (similar to digital currencies).
- The Digital Bureaucracy (DBC) will be distributed internationally during the Initial Coin Offering procedure initiated by the Client, what this means is that they will be distributed for financial profit and customers will pay for it,
- Digital Bureaucracy (DBC) is not affiliated with any fiduciary currency (legal currency),
- The technological and IT foundation for the creation of Digital Bureaucracy (DBC) is a multifunctional, open source platform based on the decentralized registry of blockchain transactions called Ethereum (ETH),
- Detailed information on DBC Token is available at:
https://www.digitalbureaucracy.org/
also
Due to the lack of legal resources directly related to the standardization of the Initial Coin Offerings (ICO) in European Union law, the legal basis of this project should be sought among the relevant regulations.
Within the spectrum of regulations that are potentially considered as an Initial Coin Offerings arrangement, European Union law may have several laws.
Regarding European Union law, the following could potentially apply in relation to the ICO:
- Directive 2014/65 / EU of the European Parliament and of the Council of 15 May 2014 and Directive of 15 May 2014 amending Directive 2002/92 / EC and Directive 2011/61 / EU,
- Regulation (EU) 2017/1129 and Directive (EU) 2019/1937 of the European Parliament and Council of 7 October 2020 on European crowdfunding service providers,
- European Parliament resolution of 3 October 2018 on distributed ledger technologies and blockchains: building trust through deregulation (2017/2772 (RSP))
Considering the merits of the project planned by the Digital Bureaucracy and considering the legal sources of European Union law mentioned above, it should be concluded that none of them are the legal basis for the Initial Coin Offerings (ICO).
Therefore, none of the mentioned legal regulations restrict the permissibility of the Initial Coin Offering (ICO) under European Union law. Under European Union law, an Initial Coin Offering (ICO) of utility Cryptocurrencies in the form of a planned Digital Bureau (DBC) is allowed.
Due to the currently binding rule of law and the profile of the undertaking planned by the Client, attention should be paid to the proposed regulation of European Union law on Initial Money Supply (ICO): European Parliament and the Council of Markets in Crypto Assets and (EU) Directive 2019/1937 ”.
The envisaged European Union Regulation is currently non-binding, so the Digital Bureaucracy (DBC) is not under an obligation to determine the legal permissibility of the project, including in particular:
- To prepare an information document about cryptocurrencies (Draft Regulation Article 5),
- Fulfillment of the requirements for marketing materials (Draft Regulation Article 6),
- Notifying the information document on cryptocurrencies to the relevant institution (Draft Regulation Article 7),
- Publication of the information document on cryptocurrencies (Article 8 of the Draft Regulation).
Last modified 1yr ago