The Daric cryptocurrency is a Vancouver based initiative which was claimed as an invention in a patent application and filed with the United States Patent Trade Office back in June 2013. The Daric patent application was allowed/approved in August 2018 and was issued as a U.S. patent in December 2018. This cryptocurrency is centralized and designed to be backed by anything of value such as fiat currencies, commodities, diamonds, real estate and/or valuable art objects.
2. Daric is a
Vancouver Based
Cryptocurrency
initiative.
This cryptocurrency is
designed to be backed
by anything of value
(e.g. fiat currencies,
commodities, diamonds,
real estate…).
This invention was
claimed in a patent
application and filed
with the United
States Patent Trade
Office (USPTO)
back in June 2013.
The Daric patent
application was
allowed/approved in
August 2018 and was
issued as a U.S.
patent in December
2018!
A B O U T D A R I C C R Y P T O C U R R E N C Y
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3. The term cryptocurrency equates
to “virtual assets” with no intrinsic
value that can be hacked.
Investors in coins, tokens and
ICOs are currently in a very
harsh market reality.
Hard assets such as precious metals
represent the only time tested type of
investments during turbulent market times.
For instance, the first universal money of the
world were gold and silver coins because of
their intrinsic values.
T H E P R O B L E M
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4. What would be the
market value of a
proprietary
cryptocurrency
backed by hard
assets?
Bitcoin’s total
market cap is
currently at just
under $300
Billion.
The total market
cap of the top 100
coins is well over
$450 Billion.
The gold and
silver market alone
combined have a
market value of
over $4 Trillion.
T A R G E T M A R K E T A N D O P P O R T U N I T Y
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5. There currently is no
“flight to safety” option
in the coin, token or
ICO universe.
There currently is no
“flight to safety” option
in the coin, token or
ICO universe.
There currently is no
“flight to safety” option
in the coin, token or
ICO universe.
Hard asset backed
cryptocurrencies have
a floor in pricing.
Hard asset backed
cryptocurrencies have
a floor in pricing.
Hard asset backed
cryptocurrencies have
a floor in pricing.
For instance, precious
metals underwritten to a
blockchain ledger “can
offer a yield” for the first
time in history!
For instance, precious
metals underwritten to a
blockchain ledger “can
offer a yield” for the first
time in history!
For instance, precious
metals underwritten to a
blockchain ledger “can
offer a yield” for the first
time in history!
Commodity and/or
diamond backed
cryptocurrencies have
an intrinsic and
baseline of value.
Commodity and/or
diamond backed
cryptocurrencies have
an intrinsic and
baseline of value.
Commodity and/or
diamond backed
cryptocurrencies have
an intrinsic and
baseline of value.
This simple
phenomenon, is
missing from 99% of
all other trading
cryptocurrencies.
This simple
phenomenon, is
missing from 99% of
all other trading
cryptocurrencies.
This simple
phenomenon, is
missing from 99% of
all other trading
cryptocurrencies.
Hard asset backed coins
offer a hedging
mechanism currently
missing in the blockchain
application universe.
Hard asset backed coins
offer a hedging
mechanism currently
missing in the blockchain
application universe.
Hard asset backed coins
offer a hedging
mechanism currently
missing in the blockchain
application universe.
Hard Asset backed
cryptocurrencies can’t
be hacked.
Hard Asset backed
cryptocurrencies can’t
be hacked.
Hard Asset backed
cryptocurrencies can’t
be hacked.
WHY OPT FOR A HARD ASSET BACKED CRYPTOCURRENCY?
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6. Daric could increase in value through the below 4 different
properties in coin trading:
Increase in trading
popularity of crypto
currencies.
Increase in a
combination of all prior
3 mentioned properties!
Increase in the
price of gold for
instance.
Increase in the value
of it's underlying
blockchain
technology.
Yet act as the ultimate “safety coin” maintaining a pricing floor in
down times!
T H E S O LU T I O N : DA R I C T H E “ T R I P L E BU L L” C O I N
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7. 7
There are 2 ways precious metals
backed cryptocurrency can offer a yield:
o Increase in trading popularity of
crypto currencies.
o The increase in the value of the
underlying blockchain
technology.
These 2 mechanisms at the moment
are missing from the traditional
precious metals markets.
Hence handing, for the first time in
history, a yield to any “physical
gold or silver” that is underwritten
to a block chain ledger.
H O W W I L L D A R I C O F F E R A Y I E L D ?
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8. To our
knowledge,
Daric is the
first patent
application of a
cryptocurrency
backed by a
hard asset in
the world!
We filed a
provisional
application for
Daric back in
June 2013.
We maintained
constant contact
with the US
Patent Trade
Office (USPTO)
over the past 4
years.
The Daric
patent
application was
allowed/approv
ed in August
2018 and issued
as a U.S. patent
(10140658) in
December 2018!
I N T E L L E C T U A L P R O P E R T Y S T R A T E G Y
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9. Spring 2013
Upon a patent search in
the spring of 2013 we did
not come across any
virtual currency backed by
any hard assets
underwritten to a
blockchain ledger IP.
June 2013
We applied for a
provisional patent
application for commodity
backed cryptocurrencies
in June 2013.
December 2018
The Daric patent
application was
allowed/approved in
August 2018 and
issued as a U.S. patent
in December 2018!
May 2013
In May 2013
cryptocurrencies backed
by hard assets
represented a brand new
genre of coin with “zero
prior art”!
June 2014
We converted our
provisional application into
a full on application in
June 2014.
I N T E L L E C T U A L P R O P E R T Y S T R A T E G Y
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10. 10.
For instance each Daric coin can
be backed by 1 gram of gold.
This will come with a small
administrative fee for the holding
cost of the physical metal backing
the coin.
Daric could also take on a IP
licensing business model upon
publishing of our patent application.
We could for instance license each hard
asset category to a different group.
We are also open to all ideas and recommendations
regarding revenue model strategies.
R E V E N U E M O D E L S T R A T E G Y
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11. For instance, there
are currently over
100 gold backed
cryptocurrencies on
the market.
None of these gold
backed coins come
with patent
protection.
We applied for a
provisional patent
application for
commodity backed
cryptocurrencies in
June 2013!
To our knowledge
Daric is the only
incoming proprietary
gold backed
cryptocurrency in the
world!
C O M P E T I T I O N
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12. (Founder and CEO)
While being a lifelong avid
gamer and goldbug, Mehran
has a business degree (MBA)
and a Master of Science (MSc)
with over 15 years of
experience in multiple private
and public business driven
roles. He’s passionate about
using technology to change the
world and on a quest “to disrupt”
the gaming and precious metals
sector.
(VP Intellectual property)
Rodney has been a practicing patent
attorney for over fifteen years working
for both large and small law firms and
as in-house counsel. He has
prosecuted patent applications before
the USPTO and internationally while
working on and managing patent
litigations, post-patent issuance
reviews, and numerous freedom to
operate investigations for products
launched nationally and
internationally. At present, he's
working with large and small
corporations, startup companies, and
individual inventors to support their IP
needs.
(VP Corporate Development)
Peter brings executive leadership
experience to the team with over 30
years from the Finance and Marketing
Sectors. He currently is the President
and Founder of Ariston Capital Corp.
and is a board member, CEO, or
advisor of multiple other junior public
and private companies. Peter has
been responsible for and participated
in raising over $100+ million in
corporate financings. Peter is a
graduate of Haileybury School of
Mines Engineering Program, Georgian
Business College, UBC’s Canadian
Securities Courses and a member of
CIMM.
T E A M
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