DST – DECENTRALIZING SILVER MINING THROUGH THE BLOCKCHAIN TECHNOLOGY

INTRODUCTION

Next to Diamond and Gold, it is an undisputed fact that Silver is an important mineral mined in the world. It has so many valuable uses; without it, I wonder how the world would survive. Despite the numerous benefits of silver to the world, its production (from the mining stage throughout the processing to the marketing) has faced so many challenges. It involves the use of so many complex materials and huge sums of start-up capital.
DST has come to provide solutions to all these problems. DST will be using the blockchain technology and smart contract to produce silver in large quantities at a reduced cost using less complex tools and equipment and also increase the investment in this sector. DST will allow pre-ordering of machinery which eventually lead to effective sales. Transparency is assured and there will always be a mutual agreement between manufacturers and investors.

VALUE OF SILVER

Silver has extensive application in electronic and electrical appliances, jewellery and decoration articles, currency, photosensitive materials, medicine, etc because of its special physical and chemical properties. It has good thermal conductivity and electroconductivity, soft property, good ductility and good reflectivity. silver also has the functions of maintaining value and resisting inflation which makes it a precious metal for investment. Considering the above points, we can emphatically state that, silver is of great importance in the promotion of a country’s scientific, economic and social development as well as in maintaining of national security and stability.

DATA ANALYSIS OF SILVER MINES

China produces about 2.6 million 600 ounces (75 tons) of silver, and the annual output is 127 million ounces (3,613 tons) making her the largest contributing nation in the growth of silver mining industry. Most of the silver produced in China is a by-product of copper, zinc and lead mining, so the fate of silver is strongly tied to the change of metal production in the country. Cannington silver mine operated by South32, is one of the largest silver production mines in the world and the production of silver was reported to be 4 ounces (124 tons) in 2016, with a total of 19.96 million ounces (566 tons). Mexico being the largest producer in North America, accounts for 79% of the regional total, which is the main reason for the country’s 1.9% year-on-year decline. (this information was retrieved from GFMF, Thomson Reuters /The Silver Institute cited in DST whitepaper)

DST FONDATION

The DST Foundation has its base of operation in Singapore. They obtain their silver from independent silver mines, by-product of enterprises manufacturing lead, zinc, copper and gold, and recycled silver from reprocessing enterprises. The DST management team is well experience in the mining industry, laying a good foundation for the future, and creating an evolving form of the integrated silver industrial chain. As part of our strategies to build a leading integrated e-business platform for gold and silver jewellery in Asia, we will fish for business partners who are well versed in mining and real estate, who can support our ideas and make it a reality. DST is planning to acquire upstream precious metal mine resources for mining and production processes in the future and will continue to expand production capacity to provide a resource base for the downstream businesses. DST plans to building the most representative vertical e-commerce platform in Asian jewellery market and our target is to integrate online and offline businesses, different brands, service training and rulemaking.

DST ECOSYSTEM

DST ecosystem is characterized by joint creation, integration, co-existence and joint consultation. The development of the silver mining ecosystem will lead to a significant development of new energy for the progress of the industry and the win-win cooperation. DST is going to build new mining ecosystem, expand science and technology, resources, funds, etc, and contribute greatly in the promotion for the prosperity and development of silver. How to make the silver resources flow and liquidate has been a major topic of discussion in the industry. DST will base on the international silver retailing to create a silver ecosystem with the help of blockchain technology, so as to digitize the industrial resources, circulate the assets, and further promote the development and innovation of the industry.

DST PARTNERS

DST will join other partners like Trinity Jewellery and co (founded in France) to build this mining ecosystem. This company combines design and art to produce the finest jewellery which will meet the demands of excellence, most fashionable and beautiful craftwork. They aim to become the world’s best silver brand which provides its customers the best jewellery they can ever find. DD chain is also a mobile app that offers a new shopping experience at the comfort of your home. It enables users to access the best goods and most delicious meals wherever they are. In addition, it rewards its clients who connect their friends and family with coupons. The silver mining industry is a very lucrative one, with Mexico being the largest producer in North America followed by China in Asia and then Australia.

INITIAL COIN OFFERING (ICO)

DST is a decentralized blockchain digital asset created with standard technology ERC20.
The total number of blockchain tokens DST as to be originated from ICO is 545,000,000.
The total amount for pre-ICO is 70,000,000.
Private offering will start on April 11, 2018 and the public offering will end on August 15, 2018.

1.Private Offering Angel Round A

Pre-sale amount = 25,000,000DST
Exchange rate =1ETH for 6000 DST
Participants should note that there will be two years locking period, in which 25% will be released every six months, there will be free additional DST, must be in accordance with the official pre-sale conditions, for selected investors only.

2.Private Offering Angel Round B

Total tokens for Pre-sale: 25,000,000 DST
Exchange rate：1ETH for 3000 DST
Participants should take note that there will be One-year locking period, release 25% every three months, free additional DST, must be in accordance with the official pre-sale conditions, for selected investors only.

3.Private Offering Angel Round C

Total tokens for Pre-sale：10,000,000 DST
Exchange rate：1ETH for 1,500 DST
Please take note that, there will be 52 weeks locking period, release 1.923% every week, free additional DST, must be in accordance with the official pre-sale conditions, for selected institutional investors only.

4.Public Offering

Total tokens for Pre-sale：10,000,000 DST
Exchange rate：1ETH for 1,500 DST
*In total, 70,000,000 DST will be publicly sold in the three rounds of selected Angel rounds private offerings as well as in the public offering. * Token is expected to go online on Coinbene exchange platform in September 2018.

TOKEN DISTRIBUTION

ROAD MAP

Kevin Tan
CEO/Founder:

He is a mobile internet entrepreneur and has years of experience in managing commercial businesses and business management. Has established a foundation to support blockchain development and training.

Vienna Foo
CFO
Vienna is an expert in finance. She was a director of the Department of Economic Statistics in an American company and currently a financial advisor consultant in an investment company in Labuan.

Craig Lye
COO

Has 25 years of experience in management. He is very productive in managing project operations, brand, consulting and business strategy development.

Dr. Chin Kuen Liang
CMO

A marketing director in the Pacific region. Has served as a consultant in many companies.

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