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DavorCoin ICO Assessment -- Is Davor Coin a SCAM?
Update Jan 11th: Davorcoin is now at $ 9-5 and looks like its just moving up in here Get your Davor account here. I also keep an updated list of those ICOs I am joining in my Crypto Links Post as Properly
Latest DavorCoin video showing my strategy along with $2k Davorcoin Give-away
Check out my Davorcoin video below which takes you during the entire stage and also my first £25,000 bank loan with them where they are paying me 1.5% to 2 percent daily today.
Below is My original Review
Today's inspection looks in the latest ICO to get a lending platform at the cryptocurrency space and this one is called DavorCoin. I've been getting many questions about this so that I moved outside to accomplish some research and through the duration of this DavorCoin evaluation I will provide you all of the info I have along side my very own personal comment and then you may decide if DavorCoin is really a scam or another next huge item in the crypto currency committing space.
Official Site: Davor.io
CEO: Julian something guide together with down him
Whitepaper: Yes about the website
Symbol: DAV
Results In Your Own DavorCoin Review
Basically Davor Coin looks like another cryptocurrency lending system making use of their unique selling point been which they've got an arbitrage platfrom which I can't come across something else about and also their coin is also a hybrid coin that allows POW along with POS. I could touch on that point further down and chat about the way that it looks such as a branch of Peercoin relatively compared to an ERC20 token such as alot of additional lending platforms these days.
It has appeared out of no where in the last week or 2 so we don't really have all that much information to them. Their road map suggest they started work with the theory back in December 20-16 together with their blockchain and arbitrage platform already been officially established in October 2017. Support has been fast to answer for my early questions so that the last ones I've asked was about this so once I get answers I will add them. They said they were open to an interview with a few of those founders so I'm also waiting around to receive a answer about a time and date for that as that could be quite interesting.
What Products Does DavorCoin Offer
The biggest offering is that the Lending program at which you can earn a month-to-month interest rare upto 48 percent by lending your coins back into the provider. All these are diffrent options with this that can be shown in the chart below
The also possess an option I have not seen below referred to as an optional capital lock boost which gives you a more impressive every day interest bonus if you lock in your mortgage in for 30 -120 days longer.
The second option is Staking your coins for earnings. This is based on the proof stake part of the coin and basically you lock up a specified amount of your coins at a wallet that you just wont get and for that you just get new coins. For the first year you purchase 10%per second calendar year you purchase 8% and also the 3rd year that you purchase 5%.
People that follow might have heard me speak about this with NEO from the past at which it is possible to earn GAS by keeping your NEO coins in a NEO wallet.
For people interested in referring new members to the ICO or your financing stage once it launches then you may also make affiliate commissions that look reasonable and achievable for the company to pay out. We've seen mad comp plans from the past of companies spending out 20 percent and 30% commissions that just isn't likely to perform long term so I am happy to see smaller percentages on the DavorCoin affiliate program.
Who is the DavorCoin Founders
The tendency together with all of these ICOs in the minute is that we cannot verify who the owners actually are and noone comes out and puts their face to these products. Davor Coin is kinda similar to that in that individuals don't really know who the owners really are but I was able to chance upon an meeting on YouTube among Antonio Francesco and a few of the owners moving by the name of Julian. Below is your DavorCoin CEO Julian's interview which gives a bit more advice about the business along with also their plans for the future.
Some interesting information within this video and good to see a representative by the business stepping forward and answering some questions.
Is The DavorCoin Authentic?
DavorCoin claims to be a PoW/PoS Hybrid Block Chain using the Scrypt POW Algorithm. To my surprise I was able to obtain a GitHub account fully for Davorcoin with some files on it. I used ton't take to and download and then install them it was only set on the 31st October and there is not any official release yet however, it was really fantastic into a GitHub repository. For anybody not familiar with GitHub this is an hosting service that is very popular with software devopers for sharing with their code and allowing collaboration.
By looking at the files and setup it looks like DavorCoin is a fork of Peercoin which is actually a peer-to-peer crypto currency utilizing both equally proof-of-stake and proof-of-work systems that lines along with all the claims that DAV uses a hybrid approach. This is getting interesting. .
Can DavorCoin be on an Exchange
They tell us around the site which they're going to be on Yobit.net, Coinexchange.io and also Mercatox.com at December 2017 but we see it with your eyes we might do is wait for. If they truly do strike exchanges then and also you got coins from the ICO then you are going to be very contented.
99 percent of these lending programs that individuals see everywhere are now scams. Is Davor Coin just another one of these scams that I really don't honestly know. Could it become the next Bitconnect of this cryptocurrency lending world, it has prospective and signs it can but only time will tell. The fact that they give us proper information about the coin plus that I discovered the GitHub repository is all great signs.
They ' re starting on November 6th and they are selling 6m coins in the ICO. This 6m will soon be split to 1.2m every 3 days a price tag on the coin will probably go up whenever fresh coins have been released.
Conclusion From DavorCoin Review
I seen this first about a week past and passed it off as another financing stage ad added it to your long list of those which I want to review but later hearing more onto it and doing my own research it has peaked my interest. The simple fact which I seen a meeting with the creator and also that he has been replying to me in emails has presented me some hope for this. I'm going to attempt to find some in the ICO as I have seen enough to see this is much superior compared to alot of those other financing platforms right now. Does guarantee it's going to be a tremendous success, however within my honest view it has alot greater chance which alot of the crap we are seeing outside there.
Final Considered: To your reasons above I'm going to attempt to get some when goes live from the ICO www.socialleadfreak.com/davorc…
