Darico is a unique cryptocurrency investment. The company claims to be putting 90% of funds raised during the ICO to three assets, including gold, bitcoin, and Ethereum. 35% of the funds will be used to purchase gold, while the remainder will go towards bitcoin (55%) and Ethereum (10%). This is designed to expose investors to the high-growth potential of cryptocurrencies while also helping stabilize their investment with the time-honored stability of gold.



What’s the advantage of purchasing Darico tokens from the company instead of just purchasing these assets yourself? I’m not totally sure. The Darico whitepaper mentions several features that may be implemented in the future – including smart contract-based mortgages.



They also heavily promote the idea of “genesis accounts”, which are effectively smart contracts built on Ethereum, and those smart contracts are able to emit Darico tokens at a specific rate. Where does the money to buy new gold, bitcoin, and Ethereum come from? How much gold is linked to each Darico token? I’m not sure. However, the company claims it will issue a weekly proof of reserve to investors.