DagWallet or WebWallet, which is best for you?

With the holiday season fast approaching, and many brick and mortar stores closed due to the effects of the COVID-19, we’re sure that many of you are struggling to find the perfect gift for your friends, family, and loved ones. Even without the pandemic bearing over us this winter, attempting to find the perfect, personalised gift for certain people can often prove to be a gargantuan task. It’s for these reasons that gift cards prove to be so popular. They enable the receiver to get whatever it is they’d like, and relieve a lot of unnecessary stress on the buyer.  You’re probably wondering what on earth gift cards have to do with cryptocurrencies. For those of you in the crypto sphere, the advantages of cryptocurrencies are clear, but it’s fair to say that the majority of the population is still very cautious about using them. The Dagcoin gift card gives your chosen person/people that helpful little nudge to give crypto a try and see it for themselves, but it doesn’t stop there… Getting Started Is Easy A quick google search of “how to buy cryptocurrency” will result in a long list of crypto exchanges, many new and confusing terms and worst of all conflicting information on how to get started. This is made worse by the most popular YouTube how-to videos on the topic being well over 30 minutes long. One of the main obstacles to getting started and mass adoption of cryptocurrency, in general, is the complicated process to acquire it. You need to choose which cryptocurrency you want to use, the exchange you wish to buy from, sign up and set up an account with them, choose the wallet you wish to use (and there are many), verify your identity and configure your security settings, to name but a few. And it’s very fair to say that it is a daunting process and amount of information for any newcomer, no matter how keen they are. The Dagcoin gift card is the perfect entry point for those who are completely new to cryptocurrencies because it removes almost all of these complicated steps. When your chosen person receives their gift card all they have to do is redeem it, download the DagWallet and they are ready to start spending, saving or earning (Dagcoin Grow) their newly acquired dags. Suitable for Any Occasion There are so many occasions to give a gift. A birthday, Christmas, wedding, graduation, valentine’s day, to name but a few. And finding a suitable present can always be a bit of a minefield. The Dagcoin gift card is a suitable present for any occasion for a number of reasons. You may have a friend, family member or work colleague who is interested in cryptocurrency but hasn’t got started yet. The gift card is, therefore, a little nudge in the right direction and a risk-free way for them to give it a try. We all have friends and family who live far away, and who we may be unable to see in person this festive season. Sending gifts internationally is very expensive, as is transferring them money. Because the Dagcoin gift card is virtual – the physical card is coming soon – this means that you can send the gift to anyone, anywhere in the world, and at any time – even at the last minute! A regular gift card locks you to a certain store, it could be a clothes store, tech store, grocery store, etc. There are nearly 1,000 businesses around the world who accept Dagcoin as a payment method. This means that the receiver of a Dagcoin gift card has an incredible amount of places to spend these on whatever it is they may like. And last, but not least, they can exchange these dags back to the currency of the nation they live in if they wish, but of course, we would not recommend that! A Gift that Grows in Value In the UK, of the £6 billion worth of gift cards bought each year, around £300 million are never redeemed. The biggest reason for this is that the expiry date or period is often not well advertised and different companies offer different periods – some as short as six months, but most not exceeding one year. I am sure I am not alone in having had a number of gift cards expire before spending them. This is why with the Dagcoin Gift Card we have made the unprecedented step of creating a 50-year expiry date. This means if it accidentally ends up at the bottom of a drawer, falls down behind something, or life is just too busy to redeem your dags, you can still do this many months or even years later. With the value of dagcoin steadily increasing in value, this is a gift that could easily change someone’s life in a dramatic way down the line. The Dagcoin Gift Card is available in both physical and digital forms, and can be purchased with most standard credit or debit cards. If you’d like to purchase your first Dagcoin Gift Card in time for the holidays, simply head to https://giftcard.dagcoin.org/ to get started! 

For those of you that are new to Dagcoin or perhaps cryptocurrencies in general. Deciding which Dagcoin wallet to choose might seem a bit confusing. Thankfully, in this week’s post, we will talk about the two different Dagcoin wallets, their advantages and disadvantages, as well as (most importantly) help you to decide which is best for you. But let’s start by learning a little about crypto wallets in general… What is a Crypto Wallet? We all have wallets and purses, where we keep our cash and cards. Crypto wallets serve exactly the same purpose, providing a safe place to store and access our money. Allowing us to buy goods and services, as well as transfer money to family and friends quickly and easily.  Where they differ from a regular wallet, however, is that no money is actually stored in a crypto wallet. What they do store are unique keys that are used to communicate with the blockchain (or similar technologies such as Dagchain). It is from these that you can make transactions or check your balance.  Broadly speaking, there are three main types of cryptocurrency wallets: Online Wallets – These are wallets that store your unique keys in the cloud.  Mobile or Desktop Application – These apps store the keys solely on your PC or mobile device. Hardware Wallet – These store the unique keys completely offline in devices similar to USB sticks. Below we will discuss the two types of crypto wallets provided by Dagcoin. The DagWallet, which is a mobile/desktop application, and the Webwallet, which is an online wallet.  DagWallet The main aim of Dagcoin is to provide a digital currency that is as useable as possible and accessible to everyone – especially those on the lower end of the economic ladder. That is why the free DagWallet application can be downloaded on both Android and Apple mobile devices (via the Google Play and App Store, respectively), as well as on Windows, Apple, and Linux PCs.  The Android app works on devices from version 5.1 up, meaning that almost all smartphones developed after around 2014 or so, should support the app. As for Apple, any device from the iPhone 5 up will run the app. This means that it is possible to use DagWallet on cheap and old second-hand devices that can be bought for as little as $10.  It is great to say that DagWallet is available and accessible to so many people, but what does it actually do? As described above, it is an app that enables you to check your balance, transfer money, and even buy products from a shop or café in person (if they accept Dags), all from your mobile device. This makes DagWallet a digital wallet that you can carry in your pocket.  However, unlike a regular wallet, where if your cash is stolen, it is gone forever, if thieves steal your phone, they will not be able to access your DagWallet or use your money. This is because only you hold the passwords to access and use your Dags. This makes DagWallet even safer than credit and debit cards, which can often be used to buy things online or make small purchases in person without a pin code or other protections. You also don’t have to wait many days or weeks to get access to your DagWallet again if your device is stolen, all you have to do is download the app to a new device, log in, and you are good to go.  Because your unique keys are stored on your device, this makes it very safe. However, there is one small downside — you can only access your Dags from one device. But what if you want access to your money from multiple devices or you don’t have your own smartphone, tablet or PC, or your device is shared by everyone in the household? We have a better option for you… WebWallet Where the WebWallet differs from the DagWallet is that you can access your Dags from any internet-enabled device, at any time. This is because the WebWallet stores your unique keys in the cloud.  This is the perfect choice if you have multiple devices you want to use to access your money. For example, your smartphone, laptop, and work PC. Likewise, if you do not own a compatible device yourself, this can be shared by your entire family, or even by your whole community.  Because the WebWallet can be accessed from any internet-enabled device, this gives people in the poorest and most remote regions an alternative to cash for the very first time. And this is more people than you may think. In 2019, more than 2 billion people around the world still didn’t have access to a bank account, equating to a mindblowing 1 in 4 people. The WebWallet doesn’t just provide an alternative to cash, it is also a safe place to save money and earn interest. But best of all, both the DagWallet and WebWallet can be used to help people build a credit history.  The only small downside to the WebWallet is that because your unique keys are stored in the cloud, they are slightly less secure than if they were stored on an individual device, which is what the DagWallet provides.  Which Dagcoin wallet is best for you? To make this choice easier, let’s break it down into a few categories: Security – if you want your money to have an extra layer of security, choose the DagWallet.  Use on Multiple Devices – If you would like to have access to your Dags using multiple internet-enabled devices, choose WebWallet. You do not have your own smartphone, tablet or PC – choose WebWallet  You want to make in-store purchases – choose DagWallet Best of all, whichever Dagcoin wallet you choose, it is free to download and use. In turn, with each transaction taking just 10 seconds (wherever it is sent in the world) and costing just 0.0005 Dags, you have access to a much faster and cheaper alternative to the regular banking system. To download your Dagcoin wallet, click here. Alternatively, if you would like to learn more about getting starting with Dagcoin, read our how-to guide. Join a growing community of nearly 600,000 people using Dagcoin.

New to the world of crypto? Just like any new field, there’s bound to be some jargon you don’t quite understand just yet. Fortunately, we’ve got you covered. Here’s some terminology that’ll prime you for any conversation you may have with friends about the world of cryptocurrency! The basic glossary E-wallet – also known as a cryptocurrency wallet. It is a software you can use in your smart device that interacts with blockchains (or in our case, the DAG-chain) enabling to exchange cryptocurrency and check their values.   Blockchain – the vast majority of all cryptocurrencies (like the ever-popular Bitcoin and Ethereum) are based on this digital platform. Simply put, it is a public record of all transactions ever made with a given cryptocurrency.   DAG-chain – an alternative platform to the blockchain. Used by cryptocurrencies such as Dagcoin and Byteball. Enables faster transactions and cheaper transaction fees.   Mining – used by several cryptocurrencies (e.g. Bitcoin) to validate transactions on the blockchain. Validation can earn users more coins. Peer to Peer – also known as P2P. In simple terms, it’s a network of users that interact with each other, to enable downloading, exchange of information or even cryptocurrency transactions.  Altcoin – often used as a term for any cryptocurrency that is not mainstream, often anything that is not Bitcoin.  Pump & Dump – a cryptocurrency receiving a lot of attention, leading to a lot of exchange, which leads to an increase in value, often followed by a crash. Node – a computer that maintains a part of the blockchain. Whale – a person or entity who owns a very large amount of cryptocurrency.   FIAT currency – a currency that is issued by a government or an institution such as the Euro or the USD. Cryptocurrencies cryptic no more Dagcoin is changing the cryptocurrency field into something more open and freely accessible to all, meaning less fuss about terminology as well.  If you want to find out more, check out how to get Dagcoins

We wrote back in August about the release of the Dagpay Point Of Sale App. Since its release, the number of businesses accepting Dagcoin as a payment method has more than doubled. And, in no doubt due to the success of the App. But what does it offer you and your business? Before we dig deep into the benefits the app can bring your business. If you have not heard about it before, here is a little introduction to the App: The Dagpay Point of Sale app is a dedicated Android app for businesses that makes it possible to accept Dagcoin payments at your store, salon, restaurant, gym, etc. The App can be easily downloaded for free from the Google Play store and used on any Android device (an iOS App is coming shortly). And, not only is it free to download, but it is also free to use. Therefore you don’t have to worry about monthly subscriptions or hidden fees. But the cost benefits don’t end there, let’s find out more… Cheap to Set Up For anyone who currently owns a shop, café, gym, or salon or is thinking about setting one up. You know how expensive a cash desk or computer payment system can be. With the Dagpay Point of Sale App, all you need is an Android phone or tablet and you are ready to start accepting Dagcoin payments. Because most people own a smartphone or tablet this gives many individuals and small businesses in the developing world an alternative to cash payments for the very first time. Not only is it free to download and use (no subscription fees), it is much more secure than holding all your takings in cash. For other businesses, this makes Dagcoin a cheap way to introduce and integrate a new payment option on top of existing cash and card payments. Easy to Use Using the app couldn’t be easier, all you need to do is enter how much the customer has to pay. The app will then generate a unique QR code. All the customer has to do is scan this code with their smartphone or tablet and the payment is then processed. At this point, you will see feedback on the status of the payment. But you won’t have to wait long for it to be done (about 30 seconds). As soon as the payment is complete you will have the option to send the receipt to the customer’s email address – should they want it. The biggest benefit to this ease of use is that all of this takes just 30 seconds. The same amount of time to process a debit or credit card payment! Accurate Record Keeping Not only does the Dagpay app provide a fast and easy way to accept Dagcoin payments, but also a detailed history of all transactions. This makes record keeping much easier. Maybe you want to see if more customers are using Dagcoin as a payment method, what percentage of your sales are done with Dagcoin, or what affect this is having on your business as a whole. Keeping a digital record of all transactions can be life-changing too. For businesses that have only accepted cash until now. Accepting Dagcoin gives you a digital record of your transactions for the first time. This record could be used to get a loan from a bank. Perhaps you want to buy more stock, start a second store, or grow from a local to regional business, or even a national to international business. Having this record of incomings and outgoings could be the proof of income you need to gain the finance required to grow. Integrates with Existing POS Software The benefits of accepting dags are clear if you have a small business, such as a single shop, café, or market stall. You can buy or use your own android device as a way to accept payments. But what if you have a bigger business with many locations? In this situation, you will probably have your own Point of Sale system already in place. Staff who are trained to use it. And, with all your figures in one system, a straightforward record of transactions for your accountants. Therefore, buying Android devices for each location, training staff to use them, and getting accountants to also process payments from Dagpay system just adds too much time, and as a result expense. It is for that reason we are in the process of creating POS integrations that will allow you to seamlessly integrate Dagcoin payments into your existing POS software solution. So watch this space! More Customers Despite the occasional good month, footfall in shops has seen a slow and steady decline since the 2008 recession. For example, between November 2017 and 2018 footfall in UK shops fell by 3.2%. Although some may place part of the blame for this fall on Brexit, and the continuing effects of the recession. The bigger effect is the increase in online shopping. So the big question here is how do you keep or even increase the number of people in your shop despite the lower numbers as a whole. One answer is to open yourself up to new markets and users. Dagcoin currently has 400,000 users and that number is growing each day (just one year ago this number was 150,000) By accepting Dagcoin, you are potentially opening yourself up to thousands of people in your local area who may start using your shop, café, gym, salon, or market stall. Conclusion Accepting Dagcoin as a payment option in your shop, business, café, bar or salon couldn’t be easier. All you have to do is download the POS App from the Google Play store (an iOS App is coming shortly) and you are good to go. The fact that the Dagcoin Point of Sale App works on any Android devices makes it incredibly cheap to start accepting Dagcoin payments (free if you already have a device). In turn, because Dagcoin payments can be processed so quickly (around 30 seconds) using the app makes accepting a Dagcoin payment just as fast and easy as a debit or credit card payment. Not only that, because all transactions are stored in the app this allows you to keep an accurate record of all sales and purchases. You can use this information to better understand your business, or as proof of income if you are seeking finance from a bank. If you already use POS software, you will soon be able to integrate Dagcoin payments into that system too. But last but not least, accepting Dagcoin opens up your business to a growing community of more than 400,000 people using the coin. The new customers you gain could be just what you need to take your local business national or national business international. We believe in you! Join a growing community of over 1000 businesses accepting Dagcoin.

Were you with us on this week’s Dag Tech Day? Yes? Then you already know what we are about to dive into. No? Then buckle up, as we have some surprises in store for you! If you’ve been following the journey of Dagcoin, you know that an important part of our mission is to secure financial services for those who need it the most. There are about 2 billion people in the world who do not have access to traditional banking. Therefore we find ourselves in a situation where a critical mass of the world’s population cannot deposit or purposefully use their finances. There are too many countries that suffer from inflation or even hyperinflation. In some cases, economies are going back to barter trading due to lack of faith or lack of value in traditional currency. There are too many people and businesses, potential unicorns suffering because of these issues. And yes, we know we are in the long run here, but it’s our mission to solve these problems and provide a better standard of living for everyone, no matter where they live in the world. In 2017 we began with Dagcoin with the aim of giving the world what we believe it needs: a reliable, everyday cryptocurrency. An easy to use cryptocurrency which would give billions of people the possibility to store and use their money in an accessible and affordable way. Just like money, just like banking - but faster, smarter and without any middlemen.  During this challenging year of 2020, a lot has shifted. The wish for a change in the financial world has emerged into a need for transformation in the industry. We as well have come to a point in our journey where we see that adaption to this new world is necessary. Over the last six months, we have been in contact with countless external parties, such as governmental entities, financial institutions, exchange platforms and different business establishments, all of them interested not only in our digital currency and the ecosystem concept, but also in our proprietary technological developments, with e-governance perspectives, and legal experience. What we have come to understand through these exchanges, is in order to secure  these joint projects and collaborations and grow as a community, we need to bring about some changes. Dagcoin is currently in the phase of distributing its coins — 9 billion  in total. The community as well as the value of the coin have been growing steadily. By now, around 2.65 billion coins have been distributed, including those reserved for the company. So what do these numbers tell us? They tell us there’s still a long way to go before all are distributed and we’re ready for the usability phase. Yet, the changes and challenges people have seen this year worldwide demand an accessible and easy to use digital currency like Dagcoin to be out there and usable as soon as possible. So that’s what we’re intending to do! We’ve decided to establish a new limit on the coins that will be distributed through our referral program. This will now be fixed at 3 billion in total which means only 350 million coins are left to distribute, and then, we can finally go to the next phase. The remaining 6 billion coins, which are not going to be distributed, will be used in what we call the Usability Partnerships. Meaning they’ll be available for the next 2 years for a limited number of activities by the company as previously mentioned: partnerships with governments, exchanges, e-commerce platforms, global businesses, charities, green initiatives, token projects, etc. The aim of all of this is to bring wider usability to Dagcoin. It also means that these coins will not be added to circulation unless they come through added usability for the community. After the 2-year period, all unused coins will be burned — something that will be visible to all. It’s important to keep in mind that this is especially beneficial for the community who already owns dagcoins! On one hand, successful completion of international projects, for which the frozen coins will be used, will have a positive effect on the credibility and the usability of the coins. On the other hand, once the leftover coins are burned, the value of the coins in circulation will grow. So taking all of this into account, we truly do believe that bringing the usability phase closer is definitely the right thing to do. After distributing the last 350 million coins, there will be no more coins going out without usability. The preparations for this are almost over, with less than 12% to distribute. Once that happens, we’ll be entering the next phase of the Dagcoin (r)evolution. It’s always been our dream to bring Dagcoin to wider communities and have the world benefit from the usability that comes with it. The ongoing year has increased the need and the desire to reach this destination sooner rather than later. The ongoing distribution would hold us back from achieving this. By limiting the inflow of new coins and partnering up with third parties, the situation will change rapidly, and this is something the whole community will benefit from.  With outside help and a push from our side, that dream is now a little closer to reality. So let’s go and spread the news together. Welcome to the future! If you’d like to hear and see the news being brought to you by our founders Kris and Nils - click on the video below. Other important topics being discussed are Dag cards, identity verification systems, Dag Grow and Decentralised Finance aka DeFi. Tune in and see you next Saturday, 21st of November at 6 PM (GMT +2).

A few years ago, a man went to the US on holiday. During the trip, he was hit by a car at a crosswalk. He broke his leg in multiple places, the break was so bad that he required an operation and a number of days in the hospital. Although this was not what he had expected from their trip, he got the treatment they needed, and even a first-class upgrade on his flight home. However, this would have been a very different story if he didn’t have travel insurance. One simple $15 policy saved them over $60,000 in medical bills. This story shows the importance and essence of insurance, and how our lives and health are the most important things to us. Insurance provides us with the reassurance that even in the worst situations, everything will be alright for us and our family members. That is why during the next 1-2 years, we are planning to announce different insurance packages that can be bought using your dags. These will include the following 3 kinds of packages: Health Insurance No matter how young or healthy we are this can all change in an instant. And gaining access to the medical services we need could be very costly indeed. For example, should my friend have not had insurance, finding the necessary money to pay the medical bill would have likely meant selling their apartment or taking a large loan. Something none of us would want to do for something as simple as a broken leg. However, for many, although they may recover from their injury or illness, the financial burden of it remains. In the US alone, more than 62% of all bankruptcies are as a result of medical bills and health issues. Most of which could have been avoided with adequate health insurance. Another major implication of illness or injury is on our ability to work. Work is how we pay the bills and feed our families. Not being able to do that anymore has a huge effect on our finances and mental well-being. Even in countries with very good social welfare systems, you may likely only receive a fraction of your previous salary in government-paid benefits. Health insurance not only covers medical bills should you get sick, but it also provides you with cover for lost wages if you are no longer able to work. Providing reassurance that you have the money you need for you and your family even in the worst circumstances. Dagcoin Health Insurance will give you financial security should you have an accident, illness, or no longer be able to work. Protecting you and your loved ones. Travel Insurance When we go abroad, no matter if it is on vacation or for business, we want a hassle-free and enjoyable trip. And this trip often starts at the airport. Flight cancellations and lost luggage are more common than you think. Imagine arriving back home a couple of days later than planned due to a technical problem with a plane and ongoing missed connections. Arriving at your destination late can have all kinds of implications, from cutting short your trip, to missing meetings, or even needing to cancel it altogether.  Losing your luggage can have all kinds of negative consequences too, from only having the clothes on your back, to not having the equipment you need to do your work or take part in booked activities at your destination. Travel insurance provides you with peace of mind that whatever happens on your trip you are covered. For example, if your luggage is lost you will be reimbursed for any new items you had to buy. The same goes for any additional travel or accommodation charges that you might experience as a result of delays or cancellations in your journey.  Despite the clear benefits of travel insurance, it is something most of us leave to the last minute - if we buy it at all. Dagcoin Travel Insurance will cover all sorts of expenses connected to travel - from flight disruptions to luggage issues. Allowing you to sit back, relax and enjoy your trip, even if it doesn’t quite go as planned. Life Insurance  If there is one topic that most of us don’t want to talk about, it is our own death. But not being prepared for it - regardless of how young or healthy we are - can have huge implications for those around us. Without life insurance, simply being able to pay for your funeral could be beyond what is affordable for your family. Especially if you or they have very little in the way of savings. But the costs surrounding your death are just the beginning. If you are the breadwinner in the family, would they be able to cope without you? Would they be able to continue paying the bills, buying food or living in the family home? Even though life will never be the same without you. Life insurance removes the worry of money for your family. Policies usually cover things such as funeral costs, future lost earnings, and mortgage payments. And are normally paid as a lump sum. Dagcoin Life Insurance will give you peace of mind that money will not be a worry for your family if you pass away. Conclusion Our lives, health and families are the most important things to us. Despite this, many of us take the risk of being uninsured. Maybe because we see ourselves as young and fit, or insurance as something we will get tomorrow or on our next payday.  However, should something go wrong when we are uninsured, the consequences could be huge. From not getting the medical treatment we need to leaving our families struggling to get by should we pass away unexpectedly. That is why at Dagcoin we are in the process of building insurance policies that you can buy with your dags. To ensure that no matter your situation you will have the cover you need. Within the next 1-2 years you will be able to buy the following kinds of policies: - Health Insurance that will cover medical bills should you get sick, as well as cover any lost earnings if you are unable to work. - Travel Insurance that will cover you from the implications of delayed and cancelled flights, as well lost luggage - Life Insurance that will cover funeral expenses, as well as future lost earnings.  We will be announcing more products and features in the coming months. Join a community of more than 500,000 people already using Dagcoin!

2020 saw many changes for the wider Dagcoin ecosystem. From exciting updates on existing platforms to the launch of brand new ones, it's been a bumper year for the Dag-family. This year alone has seen a staggering number of dagcoins distributed to both new and existing users, resulting in almost three billion coins (~2.7B) in circulation. We're also thrilled to announce that over 130,000 new dagcoin users have jumped aboard since the start of 2020, as well as around 800 new merchants now officially accepting the currency in-store. Beyond this, we've launched a variety of new platforms that all accept dagcoin. Some of the highlights include Dagmarket Jobs, a new job listing platform allowing skilled workers to provide services to anyone that needs it in exchange for dagcoins, as well as TwiceDice, a new online casino and betting platform which utilises Dagchip — a digital chip that exists alongside Dagcoin! That's not all though! For the full lowdown, including all the exciting developments for merchants, check out the video above, and don't forget to keep your eyes peeled for all of the exciting things to come this year — 2021 is going to be even bigger!

What wonderful news for all Estonian formula fans! Our own Jüri Vips, aged 20, has gotten ahold of his FIA Super Licence and will be taking part in the Turkish GrandPrix this upcoming weekend as the reserve driver for AlphaTauri and Red Bull. This goes just to show that the young Red Bull Junior Team driver Vips is on the right path in fulfilling his dream of becoming a fully-fledged F1 driver. The reserve driver position by the AlphaTauri and Red Bull team means that Jüri now has a chance to really race on the F1 track. This includes taking part in the free practice, however, if any racers are affected by COVID-19, Jüri will have the opportunity to get behind the steering wheel himself. Due to the circumstances in 2020, FIA decided to change the Super Licence points scoring system. Now drivers can acquire points for the licence from the last four seasons rather than the earlier three. 40 Super Licence points would make a driver eligible for Formula 1 and three best out of four seasons, that include 2020, will be considered. Also, drivers who have not gathered 40 points due to circumstances out of their control will still have the opportunity for their case to be considered by the FIA. This means that those who’ve scored a minimum of 30 points and have consistently demonstrated outstanding driving ability in single-seater cars are able to apply under this new regulation. In addition to the points requirement, the driver also has to have at least 300 km of driving history in an F1 machine. Thanks to the immense support of Red Bull, Jüri just broke through the 300 km mark on the legendary Silverstone track in the UK, and has 32 driving points in total, so the road to the FIA Super Licence was well paved. Marko Asmer, a former formula driver himself and now responsible for the wellbeing of Jüri, said getting the Super Licence seems easier than it really is: ”It is not just a simple application. It is foremost a good driver, financial support, a lot of paperwork with different institutions and connections, even just to get your driver in a F1 car”.  But nonetheless, Jüri’s proven his mettle,  and the Austrian lifestyle brand has shown just as much as faith in him as we have over here in Estonia! We couldn’t be happier for Jüri and his whole team, and we’ll definitely be anticipating everything that’s about to unfold from this weekend onwards. Stay tuned, as there’ll be a lot to hear from Vips and Co!

2020 was a turbulent year to say the least. However, as 2021 dawns, so does the hope of a slow return to normality. The beginning of the year is always important for businesses, with January sales a big part of that. Did you know that on average consumer spending in January is higher than in December? In this blog, we have talked about the many benefits of accepting Dagcoin as a payment method and how it can help improve sales, including: The free Merchant Finder tool that provides free advertising for your business to a growing community of more than 500,000 Dagcoin users worldwide. The free Point of Sale (POS) app that makes it possible to accept Dagcoin payments in your shop just as quickly as card payments. The free Webshop Plugins that make it possible for you to accept Dagcoin payments quickly and easily at your online store. The free email Invoicing tool that enables you to create and send invoices in seconds, and get paid in the same timeframe too. In this article, we will talk about yet another benefit of accepting Dagcoin, V-ATM! But what is V- ATM and how can it help you improve sales in 2021? Let’s find out… What is V-ATM? Put simply, V-ATM is a Virtual ATM that allows you to sell Dagcoins to your customers so that they can buy products from you at a discounted rate using Dagcoin. Where this gets good is the fact that we will reward you in Dags and Euros for selling the coin. This means you will get paid twice, once from the customer and once from us. Giving you the opportunity to offer your customers discounts that your rivals won’t be able to compete with, even the big boys. This is a real win-win for everyone involved. You will attract more customers by offering bigger discounts and earn twice (from us and them). Your customers will get a fantastic deal too, which will make them want to use you again, and Dagcoin will get more users. Moreover, your customers will be buying Dags from you at the current exchange rate. Making your V-ATM a fair place to buy Dags, adding further to your trustworthiness as a retailer. Interested? Keep reading… How it Works – For Merchants Signing up to V-ATM and offering discounts to your customers is a simple 3-step process: Step 1 – Signing up As with almost anything these days, the first thing you will need to do is sign-up online. To do this you will need to go to the Dagpay page and login to your account (if you don’t have Dagpay yet, don’t worry, you can also sign-up here too). Once you are in your account, all you have to do is click on the V-ATM section and follow the on-screen instructions. Step 2 - Print and present the QR code We will review your application, and if all is good, we will send you approval along with everything you will need to get started. In this acceptance pack, you will receive QR banners that you can print out and display in your shop or business location alongside your discount offer. Step 3 - Sell your products using the V-ATM QR code and double your profits This is the easiest part, and what you do best – selling! Encourage your customers to take advantage of the discount they will get by using the V-ATM QR code to buy Dagcoins and pay for the product they want. Because you will be paid by both the customer and us for each sale, you don’t just have the chance to double your profits, but to offer discounts that your competition won’t be able to match. Attracting more customers, reducing churn, and maybe even getting back some old customers that you lost to rivals in recent months or years. How it Works – For Customers In this section, we will cover the process from the customers perspective so that you can guide them if they need any help. Step 1 - Scanning the QR Code The very first thing your customers will need to do is scan your V-ATM QR code using their smartphone. If they do not have an app on their phone to scan QR codes, there are many such apps available for free on both the Google Play and App Stores. Step 2 - Downloading DagWallet The next thing your customers will need to do is download DagWallet. This is the virtual wallet where they can store their Dagcoins and make/receive payments using the coin. They can download DagWallet (and learn more about it) here. Step 3 – Buying Dagcoins Now that your customers have a DagWallet and have been verified, they can now buy Dags from you using the V-ATM at the current exchange rate. This is the same process as a regular Dagcoin transaction, and they will receive Dags to their wallet within 10 seconds of making the purchase. Step 4 – Paying for their Products They are now at the final (and best) part of the process – the purchase of the discounted products. This discount will make your customers happy and more likely to return in the future. In addition, you will receive double the profit too because we will also pay you. It truly is a Win-Win! Conclusion V-ATM is a Virtual ATM that allows you to sell Dagcoins directly to your customers so that they can buy discounted products from you using Dagcoin. We will then reward you in Dags and Euros for selling the coin. Meaning you will get paid twice, from the customer and from us. Because you are getting paid double, this means that you can offer discounts that will make you cheaper than your rivals, maybe even the big boys like Amazon. With such discounts, not only will you be able to make more sales, you will also attract new customers, reduce churn, and even get back those clients that you lost in previous months and years.  Setting up V-ATM is simple and easy. All you have to do is: Go to the Dagpay page and log in to your account (or sign up if you don’t have an account) click on V-ATM and follow the online instructions. Print your individual QR code and display it with your discount promotion in your store or business Sell the discount your clients will get from using Dagcoin V-ATM to buy products from you. Start 2021 the way you want to continue, with more sales and higher profits. Click here to get started. Join a community of more than 1300 merchants and 500,000 clients using Dagcoin.