DopeCoin – Cryptocurrency For The Black Market

At first, i thought DopeCoin was going to be another useless coin, just a quick pump-and-dump, and then be done with it. However, after giving it a closer look, DopeCoin could be of potential value for the near future.

The DopeCoin logo might already cause some controversy, because it has an image of “weed” on it. This might put some people off, but in my opinion, people shouldn’t make a fuss over it, as this indicates nothing illegal.

DopeCoin is calling itself “a cryptocurrency for the black market” , which shouldn’t worry people either. Pretty much anything regarding buying and selling with cryptocurrency is considered a “grey zone” at best, although most people consider it a “black market”.

For now, only a few details are known about DopeCoin, but more information will be released shortly.

– 120 DopeCoin block reward, halving every year

– Coin cap of ~ 500,000,000 DopeCoin

– Based on Scrypt algorithm

– 100 Seconds Block Time

– NO pre-mine (!!)

The reason why Dopecoin caught my eye, is that there is actually some work being done ahead of development. To be more precise : a big social media push is going on to create some sort of “buzz” around the DopeCoin launch.

We have also seen some screenshots of the DopeCoin website, which will be launched soon, and I must say i’m impressed. Maybe it’s just the combination of everything that got us excited, but we’re definitely keeping an eye on DopeCoin for 2014!