What is Digital Reserve Currency (DRC)?
Digital Reserve Currency was designed to become a decentralized digital store of value with a limited supply and a zero inflation rate. It was created during the COVID-19 crisis when fiscal and monetary policies have exposed serious vulnerabilities in the current financial system. No one controls or manages DRC as it has a fully decentralized structure.
The DRC token is fully developed and operational and has a unique utility of providing access to the Digital Reserve, an essential part of the DRC ecosystem. Digital Reserve is a decentralized platform where DRC holders can get instant exposure to the baskets of Store of Value assets, with the purpose of capital preservation and hedging inflation risks.
You can learn more about DRC at the official website https://drcglobal.org
How is Digital Reserve Currency (DRC) innovative?
DRC has a few unique characteristics that differentiate it from other digital assets.
First, DRC has a purely deflationary economic model. DRC has a predetermined fixed supply and no more additional DRC tokens will ever be created. The scarcity of DRC was embedded into the code and nothing can change it once DRC contract was deployed into Ethereum network.
Second, DRC has a fair distribution model. All the DRC supply of 1 billion tokens was issued directly to the market. DRC founders/developers never received any funds from investors and never retained any tokens before the whole token supply became available on the market.
Third, DRC had a community-driven ecosystem from day one. No one has control over DRC as DRC has fully decentralized structure. The DRC Foundation has been created to support the growth and development of the DRC ecosystem.
Finally, the DRC token is fully developed and operational. Its smart contract has been audited by a trusted blockchain development firm and does not contain any security issues.
What is the value proposition of Digital Reserve Currency (DRC)?
DRC has a value proposition as a potential digital store of value. As global markets experience inflation, DRC provides economic scarcity and a zero-inflation rate. Besides that, DRC token has a unique utility of providing access to the Digital Reserve, a decentralized platform where DRC holders can securely hold their DRC tokens in the DRC Vault or get easy exposure to the well-balanced baskets of the most efficient Store of Value (SoV) assets in DR Vaults.
What is the mission of Digital Reserve Currency (DRC)?
DRC was designed to provide a steady increase in its intrinsic value and act as a useful hedge against inflation. It fits the needs of people looking to preserve their wealth, especially in developing countries, while still having the flexibility of immediate, cross-border, and censorship-resistant transfers.
Decentralized platform Digital Reserve provides DRC holders with instant exposure to the well-balanced baskets of Store of Value (SoV) assets, to preserve their capital and hedge inflation risks. DRC holders can also securely store their DRC holdings in the DRC Vault at the Digital Reserve platform.
What is the DRC Foundation?
The DRC Foundation is a non-official, community-led organization dedicated to supporting the growth and development of the DRC ecosystem. The DRC Foundation role is not to control or manage DRC network, as it is fully decentralized. Its mission is to advocate for DRC ecosystem and to facilitate its global adoption and success.
You can learn more about the DRC Foundation at https://drc.foundation
Where Can I find out more about DRC?
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