DasCoin, the Currency of Trust and the store of value within DasEcosystem, has completed
a well structured two-year journey of preparation and strategic activity to
develop its business platform. The company is delighted to announce it is now
ready to launch onto public exchanges in conjunction with a landmark launch
event to be held in London on April 27, 2018.
To safeguard
its position as the Currency of Trust, DasCoin will only be traded on public
exchanges that operate the same strict “Know Your Customer” authentication
protocols that underpin DasCoin itself. DasCoin’s journey to public launch has
been meticulously plotted over the course of two years.
Michael Mathias, CEO of DasCoin, said: “We have already delivered on two
major milestones. First was the launch of our DasCoin Blockchain on 31 March
2017, when we minted our first coin, and then on September 30 we launched a
Blockchain-based exchange that is running 24 hours a day.” Mathias continued, “We have hit our two first
goals as stated and next week we will have our coin trading on our public exchanges.
This will be the biggest moment yet for the Das ecosystem and we look forward
to welcoming new members into our community as we enter the next phase of the
DasCoin story.”
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.
And
on April 1, DasCoin released its codebase onto Github to ensure that every bit
of information in its blockchain can be shared or queried, making DasCoin’s
blockchain transparent.
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.
About DasCoin: DasCoin is a better way to store and exchange value and is the
next step in the evolution of money.
DasCoin is the blockchain-based
currency at the center of an innovative digital asset system that seeks to
optimize the strengths and eliminate the weaknesses of existing currency
systems. It is fast, efficient, balanced, secure and scalable.
DasCoin is focused on
creating a digital currency that delivers superior performance through
greater operational efficiency, increased transaction capacity, wider
distribution, better governance and greater regulatory compliance. Protected by
industry leading security protocols and a permissioned blockchain, DasCoin is a
pioneer in the sector with the goal of becoming the world’s first
mainstream digital currency.
