Dagcoin aims to educate the masses and help bank the unbanked by becoming a widely used cryptocurrency. It is developed by Dagcoin OÜ in Estonia and educational company DAG Corporation focuses on educating people in Asia and India about cryptocurrency. Dagcoin uses a directed acyclic graph (DAG) structure instead of a blockchain to allow for high transaction throughput without mining. It is the first cryptocurrency built on the Byteball platform and network, benefiting from Byteball's developments while improving its network effect. Dagcoin aims to be a decentralized, eco-friendly, fast, cheap, and easy to use everyday currency.