It is some type of Ponzi scheme. Users can register on the site, deposit money, buy coins but can’t sell them.
Is Dagcoin a Scam?
Disclaimer: Dagcoin Cryptocurrency | Dagcoin ICO
Dagcoin is a cryptocurrency project that issued Dagcoin tokens to its community. Scams in the cryptocurrency space take form in many ways, including exit scams or undedicated project developments.
Is Dagcoin a Scam ICO?
Data on whether Dagcoin conducted a scam ICO, a scam mining operation, or a scam masternode project is cited above from external sources and CoinCurb does not take responsibility for claims against Dagcoin or in support of Dagcoin. The data is only an aggregation of claims cited against Dagcoin.
The above claims about Dagcoin (ICO), Dagcoin’s token, or Dagcoin’s team are externally sourced. They may claim that:
– Dagcoin did an ICO and then exit scammed
– Dagcoin has an undedicated project development after the Dagcoin ICO
– Dagcoin token got pumped and dumped by the Dagcoin team
– Dagcoin is a dead project with a worthless Dagcoin token
However, external claims about Dagcoin project, Dagcoin token, Dagcoin team, or even Dagcoin advisors may not be supported by accusers of Dagcoin ecosystem and thus individuals seeking to learn more Dagcoin team or about the Dagcoin cryptocurrency are recommended to directly contact Dagcoin team members or Dagcoin token investors.
CoinCurb does not itself decide if a project is a scam and thus does not claim Dagcoin is an exit scam or that Dagcoin is any other type of scam, nor does CoinCurb insinuate that Dagcoin (or Dagcoin token) team are scammers or that Dagcoin (or Dagcoin token) advisors are scammers. CoinCurb allows viewers to reference sources related to Dagcoin development, Dagcoin token trading, and/or Dagcoin team as an uncertain reference when deciding if Dagcoin is a scam or Dagcoin is not a scam.