Update Jan 11th: Davorcoin is now at $95 and looks like its only going upward from here -- Make your own Davor account here. I also maintain an updated list of the ICOs I am joining in my Crypto Links Post as Properly
Latest DavorCoin Video Clip showing my strategy along with $2k Davorcoin Give-away
Check out my Davorcoin online video below which takes you through the total stage and also my first $25,000 mortgage together with them at which they're paying me 1.5 percent to 2% daily now.
Below is My original Review
Today's review looks at the latest ICO for a lending platform at the cryptocurrency space and this particular one is called DavorCoin. I've been getting alot of questions about this so I went outside to accomplish some research and during this DavorCoin evaluate I'll provide you all the advice I have along with my very own personal comment and then you are able to choose if DavorCoin is really a scam or even the upcoming big item from your crypto currency lending space.
Official Site: Davor.io
CEO: Julian something -- Interview with down him
Whitepaper: Yes about the website
Results In The DavorCoin Evaluate
Basically Davor Coin looks like another crypto currency lending platform making use of their unique selling point been which they have an arbitrage platfrom that I can not locate everything else about along with their coin is also a hybrid coin that allows POW and POS. I will touch on such a point further down and chat about the way that it looks such as a fork of Peercoin instead than an ERC20 token such as alot of additional lending platforms recently. If it actually is a branch of Peercoin subsequently POW and POS is possible.
It has appeared out of nowhere within the last week or 2 so that we don't obviously have all that much information on them. Their road map suggest they started focus with the theory back December 20-16 by using their blockchain and also arbitrage platform already been officially launched in October 2017. Support has been fast to answer for my early questions so the last ones I've asked was about this and once I get answers I shall add them here. They said they were open to a meeting using one of those founders so I am also waiting around to get a reply about a time and date to get this as that could be quite interesting.
The biggest offering is your Lending program at which it's possible to make a month-to-month interest upto 48% by giving your coins back to the company. All these are diffrent options for this which are shown from the chart below
The also possess an option I have not seen below termed a optional capital lock boost which gives you a bigger every day interest bonus if you lock in your mortgage for thirty -120 days longer.
This is based upon the evidence of stake part of the coin and basically you lock up a particular amount of your coins in a wallet that you simply wont get and for that you get new coins. For the first year that you get 10%, second 12 months you purchase 8% and also the third year you purchase 5%.
People that follow could have heard me speak about this together with NEO in the past where it is possible to make GAS by retaining your NEO coins in a NEO wallet.
For people interested in referring new members into the ICO or the financing stage the moment it launches then you definitely might also make affiliate commissions which look reasonable and achievable for your own enterprise to pay out. We've seen crazy comp plans in the past of companies having to pay out 20 percent and 30% commissions that just isn't going to operate long duration so I'm happy to see smaller percentages over the DavorCoin affiliate program.
Who is the DavorCoin Founders
The tendency with each these ICOs in the second is that individuals can never verify who the owners really have been noone comes out and puts their experience to the products. Davor Coin is kind of like this in that people do not know who the owners are but I was able to chance upon an interview on YouTube between Antonio Francesco plus a few of those owners going by the name of Julian. Below is the DavorCoin CEO Julian's job interview that gives a bit more info about the business along with their plans as time goes on.
Some interesting information inside this informative article and also good to see that a representative from the organization stepping forward and answering some questions.
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 decide to try and download and install them was only set up on the 31st October and there is no official release but however, it was quite good to a GitHub repository. For anybody not familiar with GitHub this is an hosting service that is very popular with software devopers for sharing their code and allowing collaboration.
From looking in the files and setup it looks like DavorCoin is just a branch of Peercoin which is really a peer-to-peer cryptocurrency utilizing both equally proof-of-stake and proof-of-work systems that lines up using all the claims that DAV uses a hybrid approach. This is becoming interesting. .
Will DavorCoin be on an exchange
They educate us on the site which they're going to be about Yobit.net, Coinexchange.io and Mercatox.com at December 2017 but before we see it using your eyes we can do is hold out for. If they truly do hit exchanges afterward and you have coins at the ICO then you might be very contented.
99% of these lending programs we see anyplace now are scams. Is Davor Coin just another of these scams I don't honestly understand. Could it turned into the next Bitconnect of the cryptocurrency lending environment, it has possible and signs that it can only time will tell.
They are starting on November 6th plus they are selling 6m coins in the ICO. This 6m will probably be split right into 1.2m days an the price tag on the coin will probably proceed 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 platform ad added this to your long list of them that I want to review but after hearing more onto doing and it my research has peaked my interest. The simple fact which I seen a meeting with the creator and also that he has been replying to me emails has granted me some hope for this particular. I'm going to attempt to get some from the ICO as I have seen enough to see this is far better compared to alot of the other lending platforms right now. Does guarantee it'll be a big success, however in my honest opinion it has alot greater chance which many the crap we are seeing outside there.
Final Considered: For the reasons above I will try and get some when goes live in the ICO