Home Latest News How DasCoin Plans to Bring Equality to the Cryptocurrency Industry

How DasCoin Plans to Bring Equality to the Cryptocurrency Industry

6 min read

Here is how DasCoin is working to make the cryptocurrencies trade a level-playing field for all—from its own senior staff to the cryptocurrency newbie out there.

In the recent times, if you wanted to invest in digital currency but were not a technologically-oriented person, you needed to find a brilliant tech professional to do the mining for you, or simply buy what they have pre-mined.

That is just how Bitcoin, and most altcoins, currently operate. Some people feel such a system is skewed in favor of tech professionals.

So, is DasCoin’s claim of bringing equality to the digital assets trading scene anything to believe in?

Here’s a breakdown of how it works at the heart of DasCoin minting. That’s right, minting.

1. Equality in How DasCoins are “Mined”

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They call it DasCoin Minting. To do that, you’ll need to sign up for a decentralized digital wallet on DasCoin’s official website. Then you’ll need to buy a license. After that, you can receive your DasCoin. There are no developers to do the pre-mining and then sell the good stuff to you at their price. Just use bitcoin or euros to purchase your preferred license directly from NetLeaders, DasCoin’s parent company.

This is one way to bring everyone to the same level from the start.

2. Get Commissions When you Add to the DasCoin Family

When you buy DasCoins that becomes proof you have added value to the DasCoin Ecosystem. DasEcosystem, as it is known, is built with a referral program. This is an incentivized marketing system that encourages word-of-mouth marketing.

Whenever you share DasCoin benefits with your circle of friends or family members, and they choose to sign up and use the DasEcosystem, you’ll receive a certain amount of units in your DasCoin e-wallet.

You can then trade DasCoins for fiat money via DasExchange. Alternatively, you can use DasCoin to buy stuff online and in physical stores, via supported merchants stores using DasPay.
This is a good thing for anyone looking to make money by referring others to DasCoin.

3. There are Actual People Behind DasCoin

Is having a central governing body of executives and staff a good thing for the cryptocurrency industry?

A major reason that digital currencies have yet to take off is that of their unregulated nature. It feels a tad too risky. They need to be more organized, responsible, and transparent to make investors feel safe that someone is accountable for their money.

But diehard cryptocurrency enthusiasts feel having a central body in charge can ruin the anonymity and government-free experience that is popular in the industry.

However, if there is a lesson Bitcoin has taught everyone, it is that cryptocurrencies which allow 100% anonymity is being abused by malicious hackers, terrorists, money-laundering cartels, drugs and human traffickers, to fund their illegal activities. After all, there is no responsible entity to ensure everyone is playing fair.

So how does DasCoin seek to help here?

DasCoin is offering to bridge this gap by authenticating its network of users.

They are using banking-standard Know Your Customer (KYC) procedures and smart chip-enabled hardware to verify the identity of DasCoin users. Users will use the hardware to make payments in over 60 million merchant stores worldwide, using Near Field Communication devices via DasPay.

With authentication comes safety.

These are just the first few equalizing factors that DasCoin springs to mind. Now you decide whether they feel like equality to you before joining the DasCoin community.

Source: praguepost

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