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Description

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.

Full Name Dolla (DLA)
Start Date N/A
Algorithm N/A
Proof Type Conso
Website https://dolla.org/
Twitter @dollacurrency
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


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. 

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) 0.0013
Security Audit Company N/A
ICO Legal Form Corporation
ICO Jurisdiction Cayman Islands
Legal Advisers N/A
Blog https://dolla.org/blog
White Paper https://dolla.org/static/misc/whitepaper.pdf?etag=vv5z8Amn
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