Negative DAPS Coin opinions
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So far,1 of opinions have been recorded for DAPS Coin. These opinions are not investment recommendations but the community's perspective on DAPS Coin. Please do not make a purchase decision based on these DAPS Coin opinions.
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DAPS Coin opinion #1
The DAPS (Decentralised Anonymous Payment System) is a relatively young project in the block chain and crypto world. It is a Privacy Coin on ERC-20 basis and had the Coins PIVX and Monero as models. The aim was to establish a staking method, which would be completely external to the balances of the user. In contrast to other staking coins, the consensus is based on the PoA (Proof of Audit) method.
Historically, some crypto enthusiasts have expressed outcry that DAPS could be a scam because swap and airdrop methods did not correspond to what was presented from the beginning of the project.
In the DAPS ecosystem, the number of tokens is limited to 60 billion. Nevertheless, the project has a market capitalisation of only $6 million at the moment. Furthermore, only a handful of Exchanges have listed this token, which only makes its use more difficult.
If you are looking for Privacy Coins, you should take a closer look at Monero.