Davor Coin Scam - Ponzi Exposed? Full Review

Looking for a review of Davor Coin ?

Wondering whether Davor Coin is just another ponzi scheme scam?

I’ve bot taking a closer look, and now I’m sharing my fair review providing you all the details.

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It helped mij earn overheen $280k ter 2018 alone:

(This is a 100% free training)

Davor Coin Review

When I very first heard about Davor Coin my very first thought wasgoed, “when will people learn?”. I see people flooding into this fresh coin called DavorCoin (webstek Davor.io) which has a fresh lending podium where you can earn money but I’m wondering why people toevluchthaven’t already learned from the mistakes that have already happened.

Te case you’re confused I’m talking about the latest collapse of cryptocurrency lending platforms BitConnect and USI Tech.

BitConnect wasgoed the largest lending program te the cryptocurrency space and USI Tech wasn’t far behind.

I use the term “lending program” lightly since the more suitable term is ponzi scheme.

Both thesis companies were succesnummer with cease and desists from the state of Texas and after that things just got worse and worse.

USI Tech wasgoed very first to announce that they were closing US operations.

And then a week straks BitConnect shuts down their “lending program” entirely.

When this happened the price of the BCC (BitConnect Coin) dropped from overheen $400 to less than $Nineteen at one point.

They were also ter the process of launching BitConnect X ter ICO which is their fresh exchange. They keuze that this ICO is still going ahead but I’d be amazed if anyone has any confidence at all ter their operation since they have clearly bot exposed spil a ponzi scheme.

USI Tech did not actually have a tradable cryptocurrency coin but were te the process of launching Tech Coin via ICO. This is still going ahead to non-US/Canada investors but clearly will not do anywhere near spil well spil it very likely could have done.

Whilst all this is going on, I see more and more people flooding towards Davor Coin.

Te fact an advert on Google Adwords even states that “Davor Coin is rising swifter than BitConnect” which isn’t exactly hard given what’s happened.

What Is Davor Coin All About?

So ter this review I dreamed to very first express my concern about DavorCoin and the fact that it looks incredible similar to other schemes that have recently collapsed. Te my fair opinion I don’t have confidence that DavorCoin will be any different ter the long run, but that should be demonstrable given this review so far.

Now let’s actually look into what Davorcoin is, what they eis they are suggesting and learn more about it.

DavorCoin states on their webstek that by investing te their coin you can be part of one of the most ambitious cryptocurrency projects.

On the face of things their webstek looks pretty legitimate. They are tradable on an exchange called CoinExchange and at the time of writing this postbode the price vanaf DAV is $91.Nineteen according to the popular webstek CoinMarketCap.com – Their own webstek has a slightly different figure and claims a 24/hour volume of $Trio.6 million. This is very different to what the Coin Market Cap webstek states which is a mere $189,000.

I can’t honestly say which figure is onberispelijk but it’s worrying that both of thesis are such different figures.

Davor Coin aims to become the best alternative to BitCoin and Ethereum.

Te case you are brand fresh to cryptocurrency the two largest cryptocurrencies are BitCoin and Ethereum spil they have the largest market caps.

It’s interesting that DavorCoin wants to be a competitor to Ethereum because I read through their White Paper on their webstek and it has no similarities to Ethereum and it has no mention of brainy contracts which is basically Ethereums main advantage overheen Bitcoin and is why many ICO’s are launched off Ethereum.

I won’t get into the details of what this means because if you are fresh to the cryptocurrency space it will most likely confuse you but just know this, DavorCoin is te no way whatsoever a potential competitor to Ethereum.

Davor Coin White Paper

I just read through the White Paper for Davor Coin and I wasgoed very astonished.

It’s literally 1 pagina long.

I’ll admit that it’s fairly a long pagina however it’s still 1 pagina.

The White Paper is supposed to explain ter detail what the cryptocurrency offers. It’s essentially a prospectus for potential investors and a key selling point too. It’s supposed to give potential investors all the details about the fresh coin covering every single facet of how it works and what their core purpose is. Most White Papers are 30-40 pages long at a ondergrens, and some are even 100+ pages yet the DavorCoin White Paper is just 1 pagina.

Davor Coin Is Just Like BitConnect

I began off my review mentioning BitConnect which recently closed it’s lending program down and is basically a big ponzi scheme.

Well after looking at the DavorCoin webstek I am coaxed that this coin is nothing more than a finish clone of BitConnect.

Here is what I am talking about:

The photo above taken from the DavorCoin webstek shows how their verhoging works.

Here is what BitConnect listed on their webstek:

The only difference is that DavorCoin isn’t talking about mining and instead has their affiliate program on. But speciaal from that it’s basically exactly the same concept.

Need more proof that DavorCoin is basically a clone of BitConnect?

Look at how their lending verhoging works and the amount of rente you earn plus the length of time to get your capital back:

And now check out the BitConnect lending:

It’s almost an precies clone!

I think I’ve said enough ter this review.

The plain truth is that DavorCoin has seen the success of BitConnect and dreamed to replicate it. However BitConnect has inevitably collapsed like all ponzi schemes do!

DavorCoin Conclusion

After taking a closer look at DavorCoin I am amazed at how similar it is to BitConnect which is an exposed ponzi scheme that recently closed it’s lending program down.

Chances are the BitConnect owners have very likely run off with $1 billion or more of the Bitcoin that people invested into their lending program. I am certain that the precies same thing will likely toebijten with DavorCoin if it proceeds to grow. There is simply no way that a program can sustain itself paying 1% lending rente a day on investments.

DavorCoin is still te its infancy but I see more and more people flooding into this toneelpodium.

I would urge anyone joining to be enormously careful and be ready to lose all the money you invest.

Before you leave

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It helped mij earn overheen $280k te 2018 alone:

(This is a 100% free training)

Related movie: The LEGO NINJAGO Movie – Ninja Formation Featurette