The dalecoin of a Cryptocurrency

So I've heard about this coin a while a go but had not taken time to look into it. What prospects and all that it has. Now @airhawk-project called up this contest and I find myself making some enquiries about it and my discoveries are amazing. A part of those discoveries are that

* This coin is not an ICO coin.

There is this general belief in public space that a any startup coming up with a proposition has to go through an ICO. Although having a crowd funding for a project isn't a bad one on it's own by it's own merits, but majority of these startups have gone ahead to just make a detailed paper on how they aim to achieve their goal but end up with a mere cash pool instead of working on their project.

* Only 1 million coins would ever exhist

This blew my mind actually. For you to have a coin with low supply could in turn mean a significant increase in value when the forces of demand out weighs supply. This can easily be achieved with a slight change in demand when compared to the possible effect when dealing with coins with high supply. I belive alt traders would get to understand this point quite well. There are some coins that have been in our pocession for a long while, have a reasonable usecases and as well demand but have refused to climb up the ladder of value owing to the large supply.

* A proof of stake system for holders of the coin.

One way to get more of our dalc coins is to own a share of the coin itself. By performing specific tasks required, as a holder of dalecoin, you are entitled to a share of a monthly distribution that usually come up. Isn't that an excellent reward system.

* Real life Applicability and use cases

Dalecoin has a lot in stock to distrupt the crypto space with. Amongst them are:

• encouraging the knowledge of crypto trading through the provision of a method of payment for this service which would help a lot of persons have a knowledge of crypto trading.
• Serve as a viable means of exchange i.e. buying and selling. Just as the case with many regular cryptos like bitcoin and co, dalecoin would be used as a means of exchange just like any other legal tender.
• Airtime/credit top-up. Dalecoin would be used for airtime top-up. This the developers says would firstly be available to Nigerians (origin of the token) and latter on, support other countries.
• provision of a swap excahnge in this case, it would be possible to easily swap your dalecoin for another cryptocurrency of choice. This feature like others on the dalemart ecosystem is still in the works

For more information, you should visit here

This is a post for the cryptocurrency contest post by @airhawk-project and you can find the post [here](Announcing our partnership with Dalecoin and Airhawk Crypto-Knowledge Writing Contest # 1)