DavorCoin Review: Promising Variable Daily ROI

DavorCoin ICO claims to be the best upcoming alternative for Cryptocurrencies like Bitcoin and Ethereum. The company claims to provide 48% ROI every month and is set out to accomplish another Ponzi Scheme.
DavorCoin Review: Promising Variable Daily ROI
2.4 (48%) 30 votes

DavorCoin, which claims to be the best alternative to the successful coins such as Bitcoin and Ethereum, has not provided any information on their website about the founders of the company. The domain davor.io was registered privately confirming that the person who owns the company, does not want to be known.

The company was started recently, and the domain was registered on 18th October 2017. If you would check the website of the company, you would find French and English as the only languages which suggest that the founder of the company is based out of Europe.

There is no other product apart from affiliate recruitment program that was verifiable on the website with the information provided on the website. You can join the affiliate program for free with DevorCoin to enjoy the referral commission. However, to participate into the full program, you need to invest at least $100.

It is wise to stay away from the companies that are not transparent. An MLM company which hides the vital information from its affiliates, is much likely a scam.

DavorCoin – Compensation Program

DavorCoin promises high ROI daily for the fund invested. There are various plans for the different amount of funds invested.

  • Plan 1: You need to invest $100 – $1000 for receiving daily ROI for 299 days
  • Plan 2: You need to invest $1001 – $5000 for receiving daily ROI as well as 0.1% bonus for 239 days
  • Plan 3: You need to invest $5001 – $10,000 for receiving daily ROI as well as 0.2% bonus for 179 days
  • Plan 4: You need to invest $10,001 – $25,000 for receiving daily ROI as well as 0.25% bonus for 119 days
  • Plan 5: You need to invest $25,001 or more for receiving daily ROI as well as 0.35% bonus for 89 days

DavorCoin – Referral Plan

The referral plan at DavorCoin is followed by a unilevel compensation structure. In a unilevel structure, one affiliate is positioned at the top of the hierarchy and the personally recruited affiliates are placed directly under them.

For example, if an affiliate on level 1 recruits affiliates, they would be position at level 2. If level 2 affiliates recruit new members, they would be placed on level 3, directly under those who recruited them and so on.

The cap is put on level 5 and the commission is paid through a percentage of amount invested.

  • Level 1: 8%
  • Level 2: 4%
  • Level 3: 2%
  • Levels 4 and 5: 1%

DavorCoin Reviews

Owusu S Derkyi – 5 star

Jewel Rana – 5 star

Conclusion from the above Reviews

These are the facebook reviews of the company and as you can see, there is nothing mentioned about the review. If both the persons above have earned profit from the company, then why they have not mentioned about it. Even if these are not staged, we cannot trust on reviews that are blank and have no further explanation.

The Verdict

DavorCoin claims that it is started with a mission to become one of the best alternative for the existing coins such as bitcoin and Ethereum. The company was recently started and such a claim without a great business plan, seem to be flimsy and has no grounds.

DavorCoin are pre-mined by the owners who are anonymous which is same as the Dekado ICO. These coins are mined for investment by the affiliates. Finally, the affiliates lend back these coins to the company for the ROIs.

The company promises an interest rate of 48% every month and the interest rates recently publicized on the website for last 5 days are as below:

  • 18th December: 1.6%
  • 19th December: 1.71%
  • 20th December: 1.75%
  • 21st December: 1.02%
  • 22nd December: 1.13%

The real world application of DavorCoin is yet to be explained. Till date, its value outside of the platform is worthless. The reports from around the world are also pretty disappointing. The public trading started on 18th December and in a week’s time, the worth of the coin has decreased from $23.87 to less than $16.

In addition, with the lack of verifiable source of revenue, we are left with only the MLM opportunity with the company which makes it a Ponzi Scheme. With said this, the company is using the funds invested by the new members to pay the existing ones.

Alexa estimated that the highest source of traffic is coming to the website from US and being said that the company is providing passive investments to its clients, it should be registered with the SEC to provide securities to the US residents.

However, I couldn’t found its listing on the database of SEC Edgar.

The company has taken a stand saying that the tax and regulation risk have limited their official declaration in few countries. However, if it wants to operate with the law, it needs to register itself with the related bodies.

The game that is happening behind the screen is pretty straight forward. Once, the company would be having enough investors coming every day, they would continue paying their affiliates. Once, the recruitment would freeze, they would also shut down their ROI scheme without notice.

Huge majority of the investors will be left out, dried. The owners who are yet to disclose their identity, which is never going to happen, would run away with the left amount. Making a big revenue out of the hard earned money of the investors.

Hence, I would suggest to keep distance from a company that is not true about its operation. DavorCoin is operating under the pyramid scheme and as we all know, the fortune of these schemes does not end with at the sweeter side, investors need to give it a thought.

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16 comments on DavorCoin Review: Promising Variable Daily ROI

  1. Crypto talk

    The author of this article is an idiot. The platform works great. I hate people that write things they know nothing of…I have made well over 5k so far since the inception.

    1. I agree, very serious claims are being made here but arguments used are not really arguments, just broad statements

      It works for me too, so far I have x5 my money. If someone wants to join and have my partner visit [Link Removed By ADMIN] i will help you out from start to finish

      1. Thanks Rocky for your comment 🙂

    2. Crypto talk,

      Thank you for your comment.

      We do our research and write what we figures out. Its great to hear that, you have made 5k profit, do you have proof to show us?

      Thanks for hating 🙂

  2. Max

    DavorCoin has been nothing but great, of course, there are risks in everything in life, not just investments. For example, I invest my monthly Starbucks allowance ($150) and I can take my original money back in about 3 months and let the profit compound and it will grow to over 4K in one year. Join our DavorCoin and we will share 50% of commission and additionally we will also share a portion of our overall commission. That way your investment will grow faster will the pool of commissions from our team. It’s a win-win-win situation. Hey, I am NOT a financial advisor just sharing my take.

    1. Thank you for sharing your thoughts over here Max.

    2. Stephen Pryar

      can you explain,
      starbucks allowance $150, x 1 month or are you doing $150 x 12 ie 1800,

      is this on an exchange or are you lending it on the platform
      (ie locked in for 299 days @ $100 or 199 days @ $1800)

      how are you getting you returns in 3 months?

      are you just putting on $100 and lets say 1-1.5% of that over 3 months would equal $100-$135?
      so instead of reinvesting the $10 you make within a week and a half, you let it accumulate?? then withdraw the cash then let the original investment grow?

      am i on the right track?

      also would it not be a better idea to just stake if you want to go down this route as staking would be more profitable… for the short term and your not locked in for 299 days with a small investment.

      i look forward to your reply


      just incase you dont have an account hears my referral

  3. Unknown

    It’s how a pyramid scheme works :/ top sharks get the payout while the bottom hold the empty bag. With these new coins coming out everyone is following leaders/groups and jumping from one coin to another!

    They know exactly what they are doing! In First and get paid!

    Seriously MLM moved into crypto!

    One work USI 😉

  4. Laylyn

    2018 January works just fine for us…..through affiliates lending and daily payouts, zero issues unlike other platforms so far A+ had it for a month.

  5. michel

    The admin doesn’t know anything about crypto world. Spread hates in the mind of people.

    1. Michel,

      Thank you for your comment and we appreciate that 🙂

      We publish information what we have found in our research, Please feel free to add information you think that will help internet community and investors.

      Best Regards

  6. Jess

    So I do want to comment here. I disagree with the opinion of the article. I have one lend through DavorCoin. Because I’m a skeptic, I only put $100 into it to see how it works. I made my first lend on 1 January. In 19 days, I have made $23 in interest. So in 19 days I have over 1/5th of my initial investment back. There is nothing keeping me from transferring that interest back to DAV and then back to BTC to sell or hoard or whatever I want. As of right now, it seems pretty legit to me. Just like ANY type of investment, Rule #1 applies. (Don’t spend more than you’re willing to lose)

    All of that said, I intend on investing more into the platform. At the very least, I would recommend giving it a shot if you have some extra BTC you don’t mind possibly losing. Everything we do with Crypto is a risk, but I do think that DavorCoin is legit and as stable as a platform like that can possibly be.

    1. Jess

      Also, it should be mentioned that I did have a concern with something on the platform. I reached out to support and they responded in an exceptionally reasonable amount of time. Let me know the situation exactly, and were as professional as can be.

    2. Jess

      Also, to note, DAV is currently sitting at $131.35 each. When I made my first lend on 1 January, they were $53 each. They have gone as high as $195 or so each but fell along with every other coin the other day. At that point, the low hit $64.64 each and was still more than it was 19 days ago.

  7. Jess

    You were also quick to note right away that DavorCoin’s domain was registered privately. Out of curiosity, I looked this site up on Whois and was not really surprised to find that this site was registered privately too so your readers really have zero idea who you are or what your motivations could be. Transparency… just making an observation.

  8. Hi, I did a semi detailed write up on how they can make the level of income they are proposing on davorcoin.academy . If they are doing what they say they are doing then it’s well within the realm of possibility. If they are not arbitrage trading and purchasing pre-ICO’s then it’s a Ponzi Scheme. Only invest what you are willing to loose.

    Of course there are cryptocurrency Ponzi scheme out there, so I appreciate the intent of your article (to protect people). But, I think you may have made some assumptions that are not 100% true.