DALECOIN(DALC) -- WHAT IS IT ALL ABOUT?

diana01 (61)in #dalecoin-project • 7 years ago

Dale coin is one of the newest currencies in the crypto market. It is a decentralized currency which uses the ethereum blockchain technology for its transactions

PURPOSE

Dale coin is designed to serve as a legal tender for access to a telegram based cypto currency trading class. This initiative, designed specially for newbies is aimed at guiding them through the fundamental and complex aspects of cryptocurrency trading until they attain proficiency. It serves also as the legal tender for the participants to access the Computer-Based Test (CBT) at the end of their courses to ascertain their levels of proficiency.

The ultimate vision here is creating awareness to the participants on the investment prospects of crypto currencies and its role in shaping their financial future.

Another case use of the DALC token is stated to be topping up of the participants’ phones with airtime on the online cryto trading learning center. In other words, airtime subscription by the participants with the DALC token.

MODES OF DISTRIBUTION

From information gathered, the overall DALC volume to be ever mined is to be 1million DALC. About 10,000(i.e 1%) of this is to be shared out via airdrops; 390,000 to be at exchanges; and about 400, 000 dalc to be distributed to token holders based on the amount of tokens each one owns. This distribution is projected to have been fully effected within a pace of 3 years or as determined by the market demand of the coin. Also a reserve of about 200,000dalc is in place for marketing and development purposes.

EXCHANGE LISTING

At the moment, cryptopia is probably the only exchange site where DALC is listed. As at about 8a.m GMT, the volume of DALC stood at about 416.27; current rate: 14,000sat/dalc; 10,004 lowest rate and 14,001sat highest, with an upward trend of 28.8% according to Digibot.

In no distant time, it is hoped that DALC would hit other exchanges as well.

DALECOIN SWAP EXCHANGE

According to the DALC blue print as seen on the official Dalecoin site here, this initiative has a telegram based local escrow exchange which aim is to facilitate the exchange of Dale coin to fiat and vice versa.

Summarily, although right now Dale Coin(DALC) is used as the legal tender to access a social platform for cryto currency trade tutorials and subsequent Computer-Based Test in same platform, there are chances its uses and acceptance would broaden with time as efforts are underway to bring it to the awareness of and subsequent acceptance by online business owners. But of course this is only a mere guess. It’s kind of difficult to precisely predict the future of altcoins as the crypto world is highly volatile. No doubt, this domain is for the brave; it is for risk takers. And if you are one, this may just be the perfect time to secure your share of DALC.