On October 2, 2019, the D-BANK Foundation, co-sponsored by American Digital Technology Group, South Korean NU ZONE Corporation, and Thai DBK Digital Technology Company, was officially established in Singapore. The unified approach promotes the global development of the D-BANK ecosystem and the circulation of its token DBM worldwide. The establishment of the D-BANK Foundation marks the standardization of the DBM token, and is an important milestone for it to enter the formal digital currency sequence
D-BANK has a total of four major sections: token management fund, community development fund, ecological construction fund and environmental protection public welfare fund.

Token Management Fund

All DBM tokens that are not circulated in the future market will be managed by the DBANK Foundation. The foundation will set up a professional management team to make decisions on the issuance, destruction and related policies of DBM tokens, so as to better control the value of DBM. The implementation process will also be monitored by multiple investment institutions and relevant regulatory authorities.

Community Development Fund

This special fund is mainly used for the overall management of the D-BANK global community, and will reward super nodes that have made outstanding contributions to community construction, in order to help DBM to establish a global consensus through community construction and rapid development.

Ecological Construction Fund

This special fund is mainly used by DBM to establish more payment scenarios through the cooperation of travel agencies, banks, and financial institutions in the process of establishing a global travel payment system, and to provide strategic cooperation resources for the D-BANK ecosystem. After the BANK public chain goes online, it will also reward global application developers, so that the number of DAPPs that use DBM for payment on the public chain will rapidly increase, and promote the ecological construction and global circulation of DBM from the two levels of global payment system and application development.

Environmental Charity Fund

DBM is positioned as a digital token for global travel payment. In order to enable countries and regions around the world to maintain a healthier ecology and a better environment, so that more tourists and consumers can experience the most original scenery, the DBANK Foundation A special environmental protection public welfare foundation is set up, and special donations will be made to the environmental protection cause every year.

Foundation License