On their website they claimed “Wealth through stability”, but looking back at how their coin performed to us it looks like “Loss Through Instability”
The main premise of the currency was based on:
“The Ducat /ˈdʌkət/ was a gold coin used as a trade coin in Europe from the later middle ages until as late as the 20th century. Ducat was the ultimate currency used by Emperors, Kings and the wealthiest of the wealthy”
Their whitepaper was plagiarized in 2019 by GSAsset.
Their Specifications were:
FEATURE
Coin name – Ducat Coin (DC)
Algo – Scrypt
Maturation time – 8 hours
Min stake age – 8 hours
Block spacing – 120 seconds
Max supply – 32 million
Privacy – Darksend technology
FAST
Ducat Coin is a blazing fast cryptocurrency built for the modern world with 120 second block times and 7 confirmations. Transactions only take just minutes to fully confirm in the network.
REWARD
70% Masternode/ 30% POS
Block 0 – 10 Premine
Block 11 – 300 – 0 DC Anti instamining protection
Block 301 – 2000 – 0.1 DC Fair launch
Block 2001 – 50 000 – 18 DC
Block 50 001 – 100 000 – 26 DC
Block 100 001 – 150 000 – 34 DC
Block 150 001 – 200 000 – 52 DC
Block 200 001 – 250 000 – 60 DC
Block 250 001 – 300 000 – 75 DC
Block 300 001 – END 50 DC
Halving every 50 000 blocks to 3 DC
Masternode collateral – 3500 DC
ROADMAP
Q1. 2018
Project inception and core team formation.
Recruiting core team members.
Initial whitepaper release
Official website launch
Ducat Coin test network launch
Q2. 2018
Block explorer launch
Wallet release
Pre-sale
Masternode.online listing
Bounty launch
Initial exchange listing:
– Cryptopia
– CoinExchange
– CryptoBridge
GIN Platform implementation
Q3. 2018
Marketing campaign kick-off
Ducat Squad, rewards for active Discord members
Charitiy masternode
Local store partnership
More partnership announcements
Q4. 2018
Reward programm for investors
Extend marketing campaign
Website improvement
Community voting for future development
Q1. 2019
Web wallets
Mobile wallets
Adding Ducat Coin to debitcards
Updating future roadmap
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EXCHANGE
Web link
CryptoBridge (planned)
CoinExchange (planned)
Cryptopia (planned)