DasCoin, the currency within DasEcosystem, is now listed on Coinmarketcap.com, the site for tracking the price movements of cryptocurrencies.
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.
In April, DasCoin became available to trade on public exchanges CoinFalcon, BTC-Alpha and EUBX with 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 blockchain technology based upon BitShares’ distributed ledger technology, known as Graphene. BitShares is one of the longest ledgers in existence and is one of the highest performing ledgers with a capacity exceeding 100,000 transactions per second.
Additionally, 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.
DasCoin is the blockchain-based currency at the centre of an innovative digital asset system that seeks to optimise 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.