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In the past months we could hear many controversies surrounding an upcoming coin developed by FutureNet called FuturoCoin. FutureNet is a social network and Multi Level Marketing (MLM) platform. Most of the cryto-community didn't take them seriously and ware expecting another DasCoin - a coin which had little do to with the term 'cryptocurrency' but was heavily marketed as such using MLM. Both FutureNet and the creators of DasCoin (Netleaders) are under investigation by the Polish government under the suspicion of being a ponzi-scheme. The fact that FutureNet promoted their FuturoCoin without even publishing a whitepaper also didn't help. Now that they finally have one and also published their source code we can see what this coin really is.