DGold Review: Wacky sun gazers launch DGold Coin Ponzi points
DGold cite three Directors on their company website; Miroslav Kiš (General Director), Nikola Aleksić (Executive Director) and Dragan Davidovac (Director of Marketing).
No information about any of DGold’s Directors is provided.
The DGold website domain (“dgoldcurrency.com”) was registered on February 19th, 2018.
“Sungazing Organization” (Sungejzing Organization) is listed as the owner, through an incomplete address in Vojvodina, Serbia.
The DGold website credits Kiš (right) as President of the Sungazing Organization.
Sungazing Organization appears to be some cult in Serbia that believes humans can live on solar energy alone.
Here’s some footage from Serbian TV in which Kiš explains what Sungazing Organization is all about:
All three of DGold’s Directors appear to be based out of Serbia, which is also the primary source of traffic to the company’s website (27%, Alexa).
On their website DGold claims it was
made by top experts and supported by over 1700 co-founders around the world.
Behind it standing many unprofitable freelance, anti-globalization organizations, with over 200 academics, scientists and researchers from Serbia, from whole Balkan, partly of Western Europe, America, Russia, the United Emirates, China, Japan, India and the rest of the world.
No evidence for any of these claims is provided.
Read on for a full review of the DGold MLM opportunity.
DGold has no retailable products or services, with affiliates only able to market DGold affiliate membership itself.
The DGold Compensation Plan
DGold affiliates invest in DGold Coin points on promises of future riches.
In order to develop our projects, DGold by the end of this year it can reach 25$ to 30$!
In 2019 it is very easy to reach 100$ per piece! By 2020 we expect it to reach 500$ and more!
DGold pay referral commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
DGold cap payable referral commissions to five unilevel team levels.
Referral commissions are paid as a ratio of DGold Coin points invested across these five levels as follows:
- level 1 (personally recruited affiliates) – 10 coins
- level 2 – 5 coins
- level 3 – 3 coins
- level 4 – 2 coins
- level 5 – 1 coin
DGold affiliate membership is free, however free affiliates only earn referral commissions.
Full participation in the DGold income opportunity requires investment in DGold Coin points.
It seems everyone wants a piece of the ICO pie, even a wacky group from Serbia who think they can sustain themselves by staring at the sun.
Yep, that’s where the MLM cryptocurrency niche is currently at.
Unsubstantiated marketing claims aside, DGold Coin presents itself as your typical ERC-20 pump and dump token.
It’s currently trading at 0.2 cents and the representation it will increase doesn’t appear to be based on anything outside of DGold itself.
Within DGold “free games”, mining, a “PTC system”, “investing game” and auction system are touted as use-cases for DGold.
Problem is, like every MLM altcoin, is that nobody outside of DGold is going to care.
What you wind up with is a bunch of investors trying to pump the coin in the hope they can sell.
Whoever blinks first profits and withdraws invested funds at the going rate. The rest of the affiliate-base takes a loss, with most realizing there’s no money withdraw far too late.
Launching DGold Coin as a publicly traded coin is a possibility, but unlikely seeing as public trading only hastens the inevitable dump.
On the backend Miroslav Kiš and Sungazing Organization accept real money for pre-generated DGold Coins, of which there are 500 million.
At Pre-ICO stage the most important thing is to buy as many DGold coin as you can and at lower prices is possible.
When you buy our DGold, you have it and you can work with it what you want.
You can keep it and wait for it to increase its value, you can sell it, change it or give it to someone, it is yours and it is up to you to use it.
A pump in the coin is a bonus, otherwise they retain whatever isn’t lost through the internal exchange in ROI payouts.
Points for creativity with the “we can live off solar energy” angle, but otherwise DGold is just another pointless MLM pump and dump altcoin.