Scammers can find their own ways to scam people in every field and crypto world is not the exception. DavorCoin could be another addition because it has similarities with a recent and popular scam of BitConnect. The project offers you high percentage of return for your coin that you lend them. There high percentage of return however are not fixed it keeps changes the Daily ROI.
The project does not seems to be fraud on the surface. However on 31st Jan promised to give one of the winner amount of $1,000,000 but they have not fulfilled there promise yet. Another alarming situation is that why they are offering investment opportunities as they are able to give such a huge amount of ROI daily. Nobody knows which blockchain they use and what is their total circulation of coins. They were claiming to make people rich until the price was sky rocketing now there are very less chances of that happening.
There's no 'Could be about it'. More like 'will be'. 😂
rats are attracted to cheese and scammers are attracted to money. thats the way it is.
It is all a risk. Everything is so new and everyone is still learning. The best thing we can all do is stick together and provide news like this. Thank @ali-saeed