Dorado (DOR)

Mkt. Cap.
$ 21.776 k
Vol. 24h
$ 20
Open 24h
$ 0,00
Low/High 24h
$ 0,00 - $ 0,00
Since
31/01/2018
Circulating Supply
83 720 601
Total Supply
510 000 000
Hash Algorithm
Ethash

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Margin Trading
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Dorado (DOR) Basic Information: What Is It and How It Works?

Dorado is a logistics projects that aims to go far beyond traditional food delivery service. The member of the company is working on the innovative and global resource that can deliver everything a customer may need. Dorado is based on Foodout, a commercial platform that is already active in six countries.

How it works?

Dorado transforms the way goods are moving around towns and cities, enabling everyone to have something delivered on a demand. The most interesting fact about Dorado is that it is one of those innovative companies to adopt blockchain. The network is used to connect clients and couriers who are ready to deliver any products from local stores and restaurants as fast as possible.

The ambitions behind Dorado are connected with transforming the way people order goods from the ground up. Dorado’s developers combine the latest innovations of artificial intelligence to create advanced chat-bot technologies and deliver goods not only by couriers but also by robots and drones. The company’s current infrastructure can handle operations and big data from millions of orders. Dorado works on reinventing the entire concept of ordering transferring it to the blockchain and therefore improving the process as a whole. The usage of artificial intelligence, drones and robots excludes any issues and inefficiencies caused by people.

Dorado claims that they are making serious research and expertise to develop new tools that will totally change the way people choose, order and deliver goods. The modern world requires a much more integrated services. Even though we can order anything online through messengers and applications in a couple of clicks, the delivery industry is still not so automatized. The entire industry is too slow to adapt the changes and therefore needs major improvements.

Dorado has supporters and investors, who also believe that the industry should be transformed. There are first-tier financial investors that back up this project and $4M has been raised in their activity to date.

The native Dorado’s token DOR

Dorado has a token called DOR. It’s current market price is $0,015330 USD and circulation supply makes 206 million coins, while the total volume exchanged is $1,423,645.41.

This is how exactly DOR token is used on a platform:

  • Dorado provides businesses with benefits that are available to the DOR token owners only;
  • DOR tokens are used as discount tickets on the platform;
  • Couriers get their payouts in DORs.

These tokens are used on the Dorado platform by customers, couriers and businesses.

It means that each party has to buy coins to use all the benefits, tools and services offered. Therefore, the bigger the platform grows, the higher the demand for coins will raise. Dorado also offers commissions payments of 7% sales to the token owners once a quarter.