A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Davorcoin X (DAVX), a digital currency which was created with the aim to provide a better, cost-effective and more secure alternative to popular cryptocurrencies such as Bitcoin and Ethereum has arrived.
"Cryptocurrency is a type of digital currency that uses cryptography for security and anti-counterfeiting measures. Public and private keys are often used to transfer cryptocurrency between individuals.
As a counter-culture movement that is often connected to cypherpunks, cryptocurrency is essentially a fiat currency. This means users must reach a consensus about cryptocurrency's value and use it as an exchange medium. However, because it is not tied to a particular country, its value is not controlled by a central bank. With bitcoin, the leading functioning example of cryptocurrency, value is determined by market supply and demand, meaning that it behaves much like precious metals, like silver and gold.
Cryptocurrency transactions are anonymous, untraceable and have created a niche for illegal transactions, like drug trafficking. Because the currency has no central repository, law enforcement and payment processors have no jurisdiction over bitcoin accounts. For cryptocurrency supporters, this anonymity is a primary strength of this technology, despite the potential for illegal abuse, as it enables a shift in power from institutions to individuals."
With that being said, Davorcoin X (DAVX) is one of the most esteemed coins of the year, in terms of security and features. DAVX coin is the solution to many of your payment related issues.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is DavorcoinX?
As depicted above and as indicated on the official website of DavorcoinX, Davorcoin X (DAVX) is a digital currency which was created with the aim to provide a better, cost-effective and more secure alternative to popular cryptocurrencies such as Bitcoin and Ethereum.
The total supply of DAVX is limited to 27 million, which means no more coins than this number will be ever released. This is to keep deflation in check and ensure fair demand for the coin in the market. As the demand for the coin increases, so will its price as the total supply is fixed.
Since the DAVX is launched with the purpose to make global transactions secure and transparent, the focus has been kept on keeping it decentralized. Other features of the coin include:
Peer-to-peer (instant) transfer
With DAVX, anyone can send digital money anywhere in the world directly from one account to another. The transactions are super fast as no third party is involved.
Easy and convenient
Using DAVX for sending/receiving payments is quite easy. You can use the web wallet or download the app to create and start using the account for money transfer. DAVX enables you to transfer money globally at any time and wherever you are.
Small transaction fee
Since there are no intermediaries involved, the transaction fee is very small, as all you have to pay is the fuel fee for each transaction.
The best part is that the transacting users are not required to give their personal details such as their names in order to send/receive money. This is to protect the user privacy and data.
DAVX employs blockchain’s immutability feature where transactions once recorded cannot be modified or changed. This will make sure that all transactions are public and can be verified as and when needed.
The ICO (initial coin offering) sale of DAVX will be held in two phases:
The official pre-sale of DavorcoinX started on 1st of July, 2019. The 10 days sale will conclude on July 10. Interested users can participate in the token sale by registering on the website. Here’s all you need to know about DavorcoinX (DAVX) pre-sale. The second sale “Public ICO” starts from July 15th to August 14, 2019.
Pre-sale Start date: July 1, 2019
Number of tokens for pre-ICO: 1,000,000 tokens
Sale End date: July 10, 2019
DAVX Price in Pre-ICO: 0.5 $
Supported currencies: BTC
The price and number of tokens on sale is available in the project whitepaper which you can find at https://www.davorx.com
How to buy DavorcoinX (DAVX)?
Davorcoin X is a relatively new currency which has not yet been launched in the market. The best way to get your hands on the DavorX coins is to participate in the ICO sale.
DavorX ICO will be held in two phases — pre-ICO and public ICO.
The pre-sale of Davorcoin X will start on July 1 and end on July 10. The ten-day sale will see the launch of a total of 1 million DAVX which will be on sale at a discounted price.
The public ICO of Davorcoin X will be held from July 15 to August 14. It is a one month sale and a total of 6 million coins will be sold during the public ICO.
So, the easiest and fastest way to buy DavorcoinX is to invest in the upcoming ICO sale. The pre-sale is for Private investors only who will be given exclusive rate along with a bonus for early investment.
How to participate in DAVX coin ICO?
Participating in the ICO sale of DAVX coin is quite simple.
Here are the steps to follow:
Visit the website https://www.davorx.com/
Click on the Register Now button on the homepage. Fill in your details in the registration form.
Confirm your email.
Now, log in to your Davor X account by using the same email address and password that you used at the time of registration.
On your wallet dashboard, enter the amount of DAVX you wish to purchase.
Make sure that your wallet has sufficient money for the transaction. Make the payment.
Once the transaction is successful, you’ll receive a confirmation message.
Besides ICO sale, there are a number of other ways to get your hands on some DavorcoinX (DAVX) coins or to increase the value of your coins.
DAVX Lending — You can lend your coins to other users and earn a handsome interest on it.
Coin Staking — You can choose to hold your DAVX coins and earn huge returns over longer periods of time.
Trading — DAVX will be listed on multiple crypto exchanges where you can trade them for other currencies and assets for a profit.
DAVX Affiliate Program is designed for those who wish to earn more coins by promoting DAVX to the world. These partners and members will be given an affiliate bonus in the form of coins.
Pre-sale Time: 01 July 2019 - 10 July 2019
ICO Time: 15 July 2019 - 14 Aug 2019
Whitelist/KYC: Whitelist + KYC
Token Type: ERC-20
Available for sale: 6,000,000 DAVX
Total supply: 16,000,000 DAVX
Pre-sale Price : 1 DAVX = 0.5 USD
ICO Price: 1 DAVX = 1.1 USD
Soft cap: 500,000 USD
Hard cap: 5,500,000 USD
Day 1-5 1 DAVX = 0.7 USD
Day 6-10 1 DAVX = 0.8 USD
Day 11-15 1 DAVX = 0.9 USD
Day 16-25 1 DAVX = 1 USD
Pre Sale 1 Million
Initial coin offering “ICO”
Web Wallet & Dekstop
Listing At Internal Exchange
Price Target $10
Online Marketing Campaign
Offline Marketing Campaign
New Pair ETH,USDT
Blockchain School Training
Target Price $50
MEET THE AMAZING TEAM
Marc C Riebe-Roethlisberger: Executive Chairman, CEO
Dan Innes: CMO & Co-Founder
Davinder Pal Singh Sawhney: Chief Technical Officer (CTO)
Ian Young: COO-CFO
Maximilian Rang: Board Advisor
Elizabeth Pham: Head of Research
Nancy Nguyen: Data Analyst
Giang Le: Data Analyst
Professor Dr Nicolai Wendland: Board Advisor
Dr Kilian Kämpfen: Board Advisor
Stefan Gross: Board Advisor
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
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Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.