Dascoin featured in Coinmarketcap.com

  • Blockchain
  • 31.05.2018 09:54 am

DasCoin, the Currency of Trust and the store of value within DasEcosystem, is now listed on Coinmarketcap.com, the leading site for tracking the price movements of cryptocurrency.

Coinmarketcap is used by crypto experts and new adopters alike and is ranked as the 44th most popular website in the US according to Amazon rankings.  DasCoin's Coinmarketcap listing gives the coin and its associated ecosystem, heightened credibility in the sector.

Michael Mathius, CEO of DasCoin said: "We're excited to be recognised by Coinmarketcap.com.  This shows how much we've developed DasCoin and gives us enhanced visibility within the cryptocurrency space."

Coinmarketcap lists more than 1,600 cryptocurrency prices among other key statistics about the coins and tokens including:

  • Total market capitalisation
  • Current price
  • 24-hour trading volumes
  • Circulating supply
  • Gain/loss

 

In April, DasCoin became available to trade on public exchanges CoinFalconBTC-Alpha and EUBXwith several more in the pipeline.  DasCoin will only be traded on public exchanges that operate the same strict "Know Your Customer" authentication protocols that underpin DasCoin itself.

More than 750 million DasCoin have already been minted since March 2017. Members of the NetLeaders community purchase licenses giving them access to a certain number of Cycles -- units of capacity -- on the blockchain. These Cycles can either be used for a variety of services or submitted to the DasCoin Minting Queue and converted into DasCoin. There will be a total volume of 8.589 billion DasCoin.

DasCoin possesses and operates best-in-class Blockchain technology based upon BitShares' distributed ledger technology, known as Graphene.  BitShares is one of the longest ledger in existence and is one of the highest performing ledgers with capacity exceeding 100,000 transactions per second.

Addtionally, DasCoins are not "mined" like those of Bitcoin and other proof-of-work coins. The minting process results in a significant reduction in energy consumption, as well as a more equitable distribution of value.

 

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