| Here's the site for:
ReCoin - https://101recoin.com/en
DRC - https://drc.world/en Couple of things which are noticeable first up are:
a. ReCoin at least attempts to appear legit by having a "team". DRC doesn't even do that. b. While some (most?) ICOs do not have a convincing reason for using ethereum or blockchain, this one takes the cake. The only reason for using blockchain is..well because "blockchain". c. The sidechain is called "Altcoin" for Recoin. DRC doesn't even get that mention. On looking through the whitepaper for DRC, there is a mention of the sidechain but nothing on site. So DRC site looks like a rush job when compared to Recoin ;) d. Quite a lot of coins avoid SEC by kinda of ensuring they are not shares in something but paying for an unreleased product. They also try and mention that coins don't have an explicit real world value. But DRC and RECoin do neither of these. e. These guys are based out of US, so quite easy for SEC to take action too. Devil is in the details. It will be interesting to know how the complain landed on SEC's desk. |
They also spelled their name as "Diamond Reserved Club" but on the website it's "Diamond Reserve Club" (noticed the extra d).