What’s Going On?
DasCoin is one of 10 cryptocurrencies to join the CoinMarketCap platform this week.
Why Does It Matter?
News of the latest DasCoin development came with a Twitter update from CoinMarketCap: “New listings! http://coinmarketcap.com/new Dascoin (DASC), Loki (LOKI), Signals Network (SGN), Oyster Shell (SHL), FundRequest (FND), HeroNode (HER), BlockMesh (BMH), Colu Local Network (CLN), Datarius Credit (DTRC), Unibright (UBT)”
New listings! https://t.co/BddsfVlrw2
Dascoin (DASC), Loki (LOKI), Signals Network (SGN), Oyster Shell (SHL), FundRequest (FND), HeroNode (HER), BlockMesh (BMH), Colu Local Network (CLN), Datarius Credit (DTRC), Unibright (UBT)
— CoinMarketCap (@CoinMarketCap) May 21, 2018
What’s The Deal With CoinMarketCap?
“Since CoinMarketCap launched in 2013, the cryptocurrency space has grown tremendously as cryptocurrencies have cultivated mainstream interest,” said the CoinMarketCap team earlier this month. In this time, CoinMarketCap has also grown significantly.
“When we launched CoinMarketCap, we were tracking seven cryptocurrencies and only a handful of exchanges and markets with a total market capitalisation of approximately $1.6 billion. As of May 1st, 2018, we are tracking over 1,600 cryptocurrencies and 200 exchanges with a total market capitalisation over $400 billion.”
DasCoin’s addition to the CoinMarketCap platform is the latest in a series of company milestones – in April, DasCoin released its codebase onto Github to ensure its blockchain can be shared and queried, making it fully transparent. And last month’s high-profile live event DasCoin: The Evolution of Money held at the O2 Arena attracted more than 3,000 crypto enthusiasts. Attendees heard the company had been added to public cryptocurrency exchanges CoinFalcon, BTC-Alpha and EUBX.
Founded in 2016 by Hong Kong-based entrepreneur Michael Mathias, DasCoin draws on the strengths of traditional and emerging digital currencies while addressing their weaknesses. DasCoin’s blockchain can process up to 100,000 transactions per second and uses a distributed ledger built on Graphene technology and BitShares.
As many as 10 new ICO partners are set to make use of the company’s blockchain, reported DasCoin, and its decentralised marketing community, NetLeaders, is also gaining international attention. NetLeaders has taken the DasCoin proposition to more than 100 countries, including Poland, the United Kingdom, Nigeria, Germany, and the Philippines.