Is DasCoin a ponzi scheme?

For those who don't have a clue about what Dascoin is let me give you some information.

DasCoin is wanted to be a different cryptocurrency, combining the best features of a decentralised cryptocurrency with the best features of a centralised cryptocurrency.

CEO of DasCoin is Michael Mathias. FinTech specialist with an over 23 years of entrepreneurial and executive experience, founder of Mojo Media, graduating Princeton University.

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Taking a look on their Official Website we can see some reasons why we should choose DasCoin:

• It is an authenticated network;
• Through DasPay, DasCoin will be accepted at over 60 million merchants;
• DasCoin blockchain confirms transactions in just 6 seconds;
• DasCoin blockchain is allowing an efficient network expansion;
• KYC + smart-chip enabled hardware wallet makes DasCoin the most secure digital currency;

At the moment DasCoin has its own exchange with the price around $0.40 but to be able to exchange your coins for bitcoin you have to get through KYC Validation Process and to purchase a Validator for 39 Euro.

Myself I've purchased the first package of 100 euro last year and I own around 760 Dascoin. The entire year I forgot about my account on Dascoin being dissapointed because I was expecting the exchanger or the coin to be in live market at the beginning of 2017 in January.

Taking a look on google about DasCoin news and opinions I've accesed bitcointalk and a negative opinion about DasCoin. DasCoin has been mentioned to be a ponzi scheme, the same as OneCoin and other copycats like Swisscoin and Capricoin.

But I've seen Capricoin is on coinmarketcap.com. What could stop dascoin from being there?

Owning some DasCoin can change my opinion by the dose of subjectivism but definitely I don't believe it is a ponzi scheme. I will forget again about it, who knows, maybe I could afford more Steem after selling my DasCoin.

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Disclaimer: This is only my honest opinion about DasCoin. I don't suggest you to buy or to sell DasCoin.

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If you're new to Steemit, you may find these articles relevant:

• How to add a profile picture on Steemit
• Best exchanger to use to sell your Steem/SBD
• How you can see your dead followers
• Where you can see your statistics on Steemit

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Bitcoin price: $4319

Steem price: $1.21

Steem Dollars price: $1.01

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