Davor Coin Review – ICO Updates

Davor Coin is a new alternative cryptocoin which aims to become best competitive to major cryptocurrencies such as bitcoin and ethereum. It is created by bankers and traders from popular financial institutions. Davor is composed of complex mathematical computations and approved by millions of computer users.

What is DavorCoin?

  •   DavorCoin is a new cryptocurrency which aims to become the best alternative to current popular coins such as Bitcoin and Ethereum.
  •   It is a form of digital public money created by complex mathematical computations and validated by millions of computer users (blockchain technology).
  •   DavorCoins are digital coins which you can store on your computer drive, smartphone, hardware wallet or somewhere in the cloud.
  •   Once you own DavorCoins, they behave like physical gold coins: they possess value and can be traded like stocks in popular exchanges. In the future you’ll be able to use them to purchase goods and services.

About Davor Coin – Roadmap:

DavorCoin has been created by bankers and traders from major financial institutions (based in London, Paris and other EU cities). Dav realizes the financial transactions in the world are going to be revolutionized by cryptocurrencies and blockchain technology. Based on this analysis, they have built a tech and financial team to create a blockchain platform to make worldwide financial transactions faster, cheaper and more reliable.

The Davor undertaking began in December 2016 and the arbitrage platform beta tested in February 2017. The blockchain creation and platform launching took place in October 2017 and in November 2017 the ico sale was opened. Block explorer release, iOS/Android wallet release have happened end of the year. Davor has a two-quarter plan for the current year 2018 and those are mining pool program and business development with the cooperative partners.

Crowdfunding and ICO:

Crowdfunding was started in November 2017 and supplied more than 6 million coins. The price was $1.2 for each coin and offers also applicable for first four days 40%, 30%, 20% and 10% respectively. After the completion of whole crowdfunding period of 30 days, the coins were delivered to the appropriate user wallets. The minimum ico sale per user is 100 coins and the maximum is 50,000 coins.

Note that the price was just $1.2 in November 2017 and now it is $95.78. The 24 hours volume is also $6,406,786.94. These statistics show us the familiarity and the growth of the Davor coin.

DavorCoin technical specifications:

Type PoW/PoS Hybrid Blockchain
PoW Algorithm Scrypt
PoW Block Reward 2 DAV
Block time 120 Seconds
Difficulty Retarget Every Block
PoS Reward 10% Monthly For The First 6 Months
(Detailed in Whitepaper)
PoS Minimum Staking Time 1 hour
PoS Maximum Staking Time Unlimited
Coinbase Maturity 15 Blocks
Max Supply 40,000,000 DAV
Coin Premined 10,000,000 DAV

Davor coin wallet:

The coin storable in your computer drive, hardware wallet, smartphones and also the cloud. For the platforms windows and mac Davor wallet is available.  Download Davor Wallet for your Windows/Mac:

Lending:

Lending is making Davor coin as an investment in Davor lending platform in order to attain interest. Davor grants up 48% of interest per month and 1.57% per day. Your capital will be given in a certain period of time as mentioned in the whitepaper.

For more profit keep locking your coin in the investment platform for more days. The capital lock boosts are 0.02%, 0.05%, 0.10% for 30 days, 60 days and 120 days respectively.  Try the profit calculator

Optional capital lock boost:

Locking period Daily interest boost
+ 30 Days + 0.02%
+ 60 Days + 0.05%
+ 120 Days + 0.10%

Staking coin for profit:

By using your existing coins you can earn more coins by staking it. You can earn 10% per month for the first year, 8% per month for the second year and 5% per month for the third year.  Staking Tutorial (English)

Period Staking rate
First year 10% per month
Second year 8% per month
Third year 5% per month

 Trading coin on popular platforms:

In Dec 2017, DAV begun listing on exchanges.  Davor coin trading allowable in the platform listed below:

Affiliate program:

You can get affiliate boost by referring the link to your friends. There are 5 levels of bonus program for lending. You can get 8%, 4%, 2%, 1%, 1% bonus for the 5 levels respectively. You can achieve 6% for ico affiliation.  Dav offers special bonus rates for leaders and promoters.

Level Lending Program Bonus Platinum Affiliate Boost
1 8% See below
2 4%
3 2%
4 1%
5 1%
Level ICO Affiliate Bonus Platinum Affiliate Boost
1 6% See below

Davor Coin Features:

  •   Secure & Protected
  •   Decentralized
  •   Transparent

Social Media:

Facebook     : https://www.facebook.com/davorcoin

Twitter         : https://twitter.com/DavorCoin

Github          : https://github.com/davorcc/davorcoin

Instagram    : https://www.instagram.com/davorcoin/

Telegram     : https://t.me/officialdavorcoin

Whitepaper : https://davor-content.azureedge.net/assets/WP_DavorCoin_1.1.pdf

Davor.io online – Q & A :

Q: I missed the ICO. How can I buy DavorCoin now?
A: No problem. You can buy DavorCoin in our internal exchange or in CoinExchange.io. The most convenient way is to buy DAV in the internal exchange. First, please deposit Bitcoin to the Bitcoin wallet in your Davor account. Then go to the internal exchange and place a Buy order. Once your order is matched with a Sell order, your DAV wallet will be immediately credited.

Q: Can I buy DavorCoin using altcoins such as ETH, XRP, BCH, LTC…?
A: For the moment, you can buy DAV using BTC only. We’ll will support other altcoins shortly. Please follow our social media to get the latest updates about this.

Q: How do I make a BTC deposit to my Davor account to buy DAV?
A: Once you log in your Davor account, go to the Bitcoin Wallet section and click on the Deposit button. Copy the BTC address or scan the QR code from your personal BTC wallet, enter the amount you want to deposit and submit. Please do NOT send any other currency to the BTC address, otherwise you could lose your funds.

Q: How long does it take to deposit BTC to my Davor account?
A: If the BTC network is in a healthy state, I would take less than 2 hours to see your deposit in your BTC balance. Sometimes it would take much longer. In any case, we don’t control the delay because it comes from your personal wallet.

Q: How do I join your lending program?
A: To join our lending program, you have to possess DavorCoin first. You can buy some DAV directly in the internal exchange using Bitcoin. Afterwards, go to the Lending section and click on the Start Lending button. If you want to have an idea about the profit from your future lending package, there is a Profit Calculator to help you.

Q: What is the capital lock option?
A: You can activate the capital lock option to receive a daily bonus interest in exchange for a longer lock of your initial capital. Please remember that your daily interest will not be locked and can be collected/reinvested anytime you want.

Q: What is the staking pool?
A: The staking pool is where you can stake your DavorCoin to receive new coins, twice a day. Another option to stake DAV is to install the desktop wallet, put your DAV in it and leave the wallet open. In either way, you will receive approximately 10% new DAV per month.

Q: I have 2FA enabled and lost/broke my phone. How can I regain access to my Davor account?
A: Don’t worry. Please contact our support team at support@davor.io and we will walk you through the manual verification process. Once the process is successfully done, we will disable the 2FA for your account and you can log in again. Please remember to re-enable the 2FA as soon as you can to protect your account.

Q: Can I withdraw my BTC?
A: We never have – and never will – prevent users from withdrawing their funds. Moreover, our tech team works hard to speed up the withdrawal process. Normally, it would take less than 1 hour to see your funds back to your wallet.

Q: My Davor account has been locked. Can you help unlock it?
A: Please check if you’ve been doing any activity against our Terms and Conditions. For instance, creating multiple accounts to artificially earn commissions is not allowed. We’re working hard to keep the system healthy for the long-term benefits of our community.

Q: I recognize my mistake of violating your T&C. Can you help me unlock my account?
A: Yes we do. Please contact our support team and clearly explain your case. Your account will be unlocked once the situation is resolved.

Q: I am a promoter/blogger/youtuber. Can I work with you to promote Davor?
A: We’re glad to work with you. Please write a message to platinum@davor.io and we’ll contact you back as soon as possible (usually within 24h).

Q: I want to promote Davor. Where do I find my referral link?
A: Please log in your Davor Account, click on Account in the left menu and you’ll find your referral link in User Profile.

Article Compiled via:  http://lendingcoinico.com/davor-coin    &    http://davor.io