Dascoin

Launched in 2017, DasCoin iswas a multi-levelmultilevel marketing (MLM) company. Investors in DasCoin dodid so through DasCoin’s NetLeaders. The major roleconcept of the NetLeaders iswas to spread the news about DasCoin to influence more people to join its network and secure their own NetLeaders licenses, ranging from anywhere between €100 to €25,000. These license subscription fees arewere paid using fiat currency. For investors, their licenses arewere their entry point, and the higher their investment, the more cycles they arewere able to get to increase the amount of DasCoins they cancould earn.

DasCoin is a convertible store of value unit at the center of the DasEcosystem. A DasCoin is produced and distributed in exchange for Cycles that have been submitted to DasNet. These DasCoins are not “mined”, they are “minted” instead. The DasNet is the entire high-speed node where the DasEcosystem exists, while the DasEcosystem is DasCoin’s whole network of services powered by the digital currency, DasCoin. Its ecosystem includes e-wallet and DasFinancial services which is their financial institution, DasExchange, DasPay and a network of partnering merchants.

In 2017, The Office of Competition and Consumer Protection (UOKiK) began investigating DasCoin’s NetLeaders. The criminal investigation was concluded on December 14th, 2019. UOKiK’s decision permanently bans Net Leaders, DasCoin and CL Singapore Pte. Ltd. from operating in Poland. Net Leaders started in 2016 as Coin Leaders, headed up by John Pretto. The company was used to promote DasCoin. Both Net Leaders and DasCoin operated as a clone of the OneCoin Ponzi scheme. In December 2017, UOKiK published a warning against DasCoin investment while an official criminal investigation into Net Leaders and DasCoin was announced in October 2018. At the end of October, Polish authorities seized $11.6 million traceable to Net Leaders and DasCoin. Net Leaders changing its name to Excelz the next month and the venture was abandoned around April 2019. DasCoin collapsed a month after.

DasCoin was a convertible store of value unit at the center of the DasEcosystem. A DasCoin was produced and distributed in exchange for Cycles that were submitted to DasNet. These DasCoins were not “mined,” but were “minted." The DasNet was the entire high-speed node where the DasEcosystem existed, while the DasEcosystem was DasCoin’s whole network of services powered by the digital currency, DasCoin. Its ecosystem included e-wallet and DasFinancial services (their financial institution), DasExchange, DasPay, and a network of partnering merchants.

In 2017, The Office of Competition and Consumer Protection (UOKiK) began investigating DasCoin’s NetLeaders. The criminal investigation was concluded on December 14th, 2019. UOKiK’s decision permanently banned Net Leaders, DasCoin, and CL Singapore Pte. Ltd. from operating in Poland. Net Leaders started in 2016 as Coin Leaders, headed up by John Pretto. The company was used to promote DasCoin. Both Net Leaders and DasCoin operated as a clone of the OneCoin Ponzi scheme. In December 2017, UOKiK published a warning against DasCoin investment, and an official criminal investigation into Net Leaders and DasCoin was announced in October 2018. At the end of October, Polish authorities seized $11.6 million traceable to Net Leaders and DasCoin. Net Leaders changed its name to Excelz the next month and the venture was abandoned around April 2019. DasCoin collapsed a month after.

In 2017, The Office of Competition and Consumer Protection (UOKiK) began investigating DasCoin’s NetLeaders. The criminal investigation was concluded on December 14th, 2019. UOKiK’s decision permanently bans Net Leaders, DasCoin and CL Singapore Pte. Ltd. from operating in Poland. Net Leaders started in 2016 as Coin Leaders, headed up by John Pretto. The company was used to promote DasCoin. Both Net Leaders and DasCoin operated as a clone of the OneCoin Ponzi scheme. In December 2017, UOKiK published a warning against DasCoin investment while an official criminal investigation into Net Leaders and DasCoin was announced in October 2018. At the end of octoberOctober, Polish authorities seized $11.6 million traceable to Net Leaders and DasCoin. Net Leaders changing its name to Excelz the next month and the venture was abandoned around April 2019. DasCoin collapsed a month after.

Launched in 2017, DasCoin is a multi-level marketing (MLM) company. Investors in DasCoin do so through DasCoin’s NetLeaders. The major role of the NetLeaders is to spread the news about DasCoin to influence more people to join its network and secure their own NetLeaders licenses, ranging from anywhere between €100 to €25,000. These license subscription fees are paid using fiat currency. For investors, their licenses are their entry point and the higher their investment, the more cycles they are able to get to increase the amount of DasCoins they can earn.

DasCoin is a convertible store of value unit at the center of the DasEcosystem. A DasCoin is produced and distributed in exchange for Cycles that have been submitted to DasNet. These DasCoins are not “mined”, they are “minted” instead. The DasNet is the entire high-speed node where the DasEcosystem exists, while the DasEcosystem is DasCoin’s whole network of services powered by the digital currency, DasCoin. Its ecosystem includes e-wallet and DasFinancial services which is their financial institution, DasExchange, DasPay and a network of partnering merchants.

In 2017, The Office of Competition and Consumer Protection (UOKiK) began investigating DasCoin’s NetLeaders. The criminal investigation was concluded on December 14th, 2019. UOKiK’s decision permanently bans Net Leaders, DasCoin and CL Singapore Pte. Ltd. from operating in Poland. Net Leaders started in 2016 as Coin Leaders, headed up by John Pretto. The company was used to promote DasCoin. Both Net Leaders and DasCoin operated as a clone of the OneCoin Ponzi scheme. In December 2017, UOKiK published a warning against DasCoin investment while an official criminal investigation into Net Leaders and DasCoin was announced in October 2018. At the end of october, Polish authorities seized $11.6 million traceable to Net Leaders and DasCoin. Net Leaders changing its name to Excelz the next month and the venture was abandoned around April 2019. DasCoin collapsed a month after.