True Hypocrisy laid bare when it comes to Network Marketers!
It’s a question of “How Funding is raised “
What’s the difference between raising funds via an ICO like ETN or Token Pay or NAGA for example where they market the coin to potential buyers based on members getting free bonus coins for actively promoting their ICO and where all coins are immediately released into the hands of the purchaser leading to pump and dumps.
Yes millions of dollars are raised within a few short weeks by these types of ICO’s to then be used apparently to build the technology and the company brand. It can then take years for these companies to produce the technology and the services and in about 60% or greater these companies never produce anything of substance and yet Millions of dollars of funds are raised and the tokens are pumped and dumped leaving thousands at a loss in the market place ! These types of Companies are given a FREE PASS by network marketers.
Now the HYPOCRISY!
So DasCoin which chose an entirely different way to develop their ecosystem of technology and applications by choosing to Fund their project through incentivised marketing.
There chosen methodology was to develop the technology through the purchase of a licence which gives licence holders a set number of digital cycles that are utilised to either purchase Blockchain services or convert through a minting process DasCoin tokens that can be traded on the open market.
With the incentivised marketing model the company could raise funding over the long term for the continuous development of the projects that they want to build into their ecosystem and thus enabling the company to build out the ecosystem over time with a careful thought out process and a road map and roll out time frame for everyone to see.. They have to pay for the team of developers that create the digital technology they pay for the offices around the world for these teams to work out of and they pay for the infrastructure that goes with it including staff support and everything else that comes from operating a corporate structure and they are at the same time working on attracting the highest caliber of entreprenuers to further develop the entire ecosystem for the project which includes development of graphene based Blockchain, hard webwallet solution with full authentication and full regulatory compliance, internal trading exchange operation, point of sale payment applications development, third party ICO development, banking solutions, smart contract solutions, international global branding solutions and building partnerships with international clients.
All of this done by leveraging incentivised marketing that rewards people to continue to market the company and enabling continued development over the long term.
This to me is the smartest way to build out an ecosystem that has to compete in the market place with thousands of other crypto tokens. The collection of people that have been attracted to the DasCoin ecosystem is amazing and already the company have now major backers that want to use the DasCoin ecosystem to create new projects within the emerging Blockchain economy. This entire ecosystem and corporate entity has been created in just over 18 months which is incredibly fast for such a huge undertaking. Trust me when I say that having operated my own company for over 12 years and knowing the complexities of operating a company this is quite frankly an incredible achievement.
So whilst all this is going on we have a few of these arrogant “Network Marketers” that are calling DasCoin a scam a Ponzi coin a Con !!
They refuse to educate themselves on the facts they refuse to attend the educational seminars where they can put their questions directly to the founders of the company and get first hand the answers to their questions. No they reject the credentials of the DasCoin team and the board members who have achieved incredible things over their careers they arrogantly lay scorn on those that believe in the DasCoin vision and they think they know better than the people worked ng hard to create a radical solution to many of the problems faced in making a CryptoCurrency accessible to the mainstream.
It’s a sad state of affairs when people can only criticise and ridicule others that have spent the time to understand the project and who want it to succeed as a currency.
These critics said it would never happen that the coin was not real and that it would never be traded publicly.
Now that the coin is on public exchanges and these people have been proven wrong they are now saying that the exchanges are bad and that it’s a shit coin etc etc ! In other words they need to find the next reason to try and be proven right !!
So what will these people say when DasCoin continues to expand its business and appears on more we’ll know exchanges ? What will their criticism be then ?
In a few months time in June 2018 DasPay will be launched to the world and this will open up the DasCoin to over 60 million point of sale terminals around the world. Terminals that take visa and MasterCard and other well known cards. People will be able to spend DasCoin at these terminals.
What will the critics say then ?
Companies are looking to utilise the DasCoin Blockchain and DasCoin Token to create amazing new products and services which range from electric car power charging points, health foods, education, law, fashion, virtual reality, and many more ingenious uses for the DasCoin Blockchain.
What will those critics say then ?
The truth is that some people are blinded by their own ignorance and arrogance !
If it’s incentivised marketing they blindly get nasty and call it a scam but if it’s an ICO that they pay directly for, even if the technology doesn’t exist they will promote it all day long despite people losing their money when it dumps.
People call DasCoin an “MLM Coin” and the FACT is that NO it’s NOT an MLM Coin, the coin is created by graphene based Bitshares Blockchain technology and the code can be scrutinised on Github.
The company raise their funding through incentivised marketing which shares the revenue and rewards the advocates that are actively promoting the project rather that through an ICO where people don’t actually give a shit about the technology or the company but just want to make a profit on the pump and dump ! If people don’t want to promote the company then they can buy their licence and just be customers. There is no scam no conflict no illegality. You choose how you want to get your DasCoins. You can buy a licence or you can buy on the public exchange.
I know which system I prefer and I will continue to build my DasCoin network and support this company that is working so hard to create a better way !
Written By Steve Lawson
