DavorX is one of the most innovative coins of the year, both in terms of popularity and authenticity. While the DAVX coin was originally created as an affordable alternative to high-cost payment currencies such as BTC and ETH, it has gradually evolved into more than just a method of sending money or making payments.
Bitcoin was launched in 2009 and didn’t have any significant value back then. However, as the value and popularity of Bitcoin rose with time, so did its price. As of today, the price of 1 BTC is close to $10,000. Clearly, not everyone can afford to buy Bitcoins let alone use it. So, as a better and cheaper alternative, many new alternate coins emerged, however, all of them lack the efficiency of bitcoin. This is why these cryptocurrencies failed.
DavorX is different in that it offers the same credibility, security and reliability of Bitcoin at a very nominal price.
What is DavorX coin exactly?
DavorX or DAVX coin is a digital currency which was created with the primary aim of offering a better and less costly alternative to the popular cryptocurrencies such as BTC and ETH. This also happens to be the main difference between DavorcoinX and most other cryptocurrencies.
DavorcoinX is digital money which is created for the public, to be used by normal people for payments in day to day activities such as shopping, bill payment, recharge, etc.
How is DavorcoinX different (better) from other cryptocurrencies?
DAVX is an ERC-20 coin which has been created on the Ethereum blockchain. So, this is another thing that makes it different from bitcoin and other native currencies. Being an ERC-20 coin enables DAVX to be used as a utility coin, which means the coin can actually be used for granting its users and investors access to a particular product or service of the company in order to increase the uses of the currency.
To support that, the DAVX coin has been associated with a number of programs and applications through which the coin holders will be able to make more money and increase their profits. These include:
- DavorX Lending Program (Lending of money for regular interest)
- Coin Staking (Hold coins to get more profits in the long term)
- Trading of DAVX coins on exchanges for better ROI
- DavorX Affiliate Program
Unlike Bitcoin, which is a pure payment currency, the DAVX coin has more utilities than just making payments or sending/receiving money.
Another major benefit that DavorcoinX offers to its investors and holders is the ability to do more at a very low cost. DavorcoinX uses the security of Ethereum for verifying the transactions involving the coin. All the transactions are recorded on the public blockchain and can be easily verified as and if required.
However, the best part if the coin price. Even after offering all the existing features and benefits of top cryptocurrencies like Bitcoin and ETH, DAVX coin is available at a very nominal price of $0.5 during the ICO period. Yes, you heard it right? You can make the much-anticipated DAVX coin yours by investing in the upcoming ICO sale which starts this July.
Want to know more? Check out the website https://www.davorx.com/ and whitepaper.