[ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 101.

o48o

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: DuskNetwork on October 29, 2018, 11:55:24 AM

Dusk Network is proud to announce that Dmitry Khovratovich, the inventor of Equihash joins Dusk Network as Lead Cryptographer.

Seriously people! You should be hyped now! If you are not, you are just not aware how big of a deal this guy is. AND he is not joining as an advisor, he is joining as Lead Cryptographer!

pynetx

sr. member

Activity: 798

Merit: 262

Quote from: matjas on October 30, 2018, 05:33:10 AM

Quote from: jonnytracker on October 30, 2018, 04:44:19 AM

Can we do pool investment ? 100 is alot for some people

First you'll have to ask the team if they accept pool investments, because some projects don't.

I am also interested to know more about this. If they accept pool payment then I would love to invest some.

Makkara

full member

Activity: 1064

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The token are just a momentarily situation as they will be swapping them with dusk coins, since they will have their own blockchain.

matjas

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Quote from: jonnytracker on October 30, 2018, 04:44:19 AM

Can we do pool investment ? 100 is alot for some people

First you'll have to ask the team if they accept pool investments, because some projects don't.

Frank37

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CryptoTalk.Org - Get Paid for every Post!

Quote from: lvsca on October 29, 2018, 10:43:26 PM

Quote from: kraterion on October 29, 2018, 01:07:54 PM

Quote from: DuskNetwork on October 29, 2018, 05:34:52 AM

Quote from: magisterr on October 28, 2018, 06:20:52 PM

Why CEO of Switcheo Network joined as advor to your project you will have ERC tokens at first? Or you will create NEP5 tokens?

Dusk Network is the only security token proposition in the market that takes care of everything on-chain, meaning it is the only proposition that is automated and scalable, thus allowing for a DEX. Ivan’s experience with the Switcheo NEP-5 DEX will be crucial in developing a great DEX for DUSK’s privacy driven security token standard XST. He knows firsthand what the limitations of the NEO VM were for Switcheo, and having Ivan on board early ensures the Dusk VM will be perfectly aligned with a DEX future. We will not only strategically work together to build Dusk’s Core in the best possible way, but also explore the possibilities of Switcheo to develop a DEX on top of Dusk.

That's a beatiful idea and a natural conseguence of the fact that Dusk has own blockchain, with a smart contracts enviroment and an ecosystem made of security tokens. Maybe in the future you can also think of a cross chain DEX is it will work well enough

if dusk developed cross chain DRX, they will defeat ethereum in short time

Nobody can defeat ethereum in a short time.

But maybe in some years ...

levyashin

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Activity: 980

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$CYBERCASH METAVERSE

Quote from: Rigorous on October 29, 2018, 06:02:40 PM

Quote from: DuskNetwork on October 29, 2018, 05:32:35 AM

Quote from: Rigorous on October 28, 2018, 05:25:14 AM

People from these countries can not use Ethfinex to participate in the token sale:

Serbia, Sri Lanka, Trinidad and Tobago, Tunisia, Bosnia and Herzegovina, Canada, Democratic People’s Republic of Korea (North Korea), Ethiopia, Iran, Iraq, Syria, Uganda, United States, Vanuatu, Yemen

https://www.ethfinex.com/token-sales/5bd1d37094fae88aff237d13/Dusk-Network/

Is there a way for people from the excluded countries to participate in the DUSK private sale? Let us say a United States citizen with 200 ETH.

That is unfortunately not possible.

Then what is a Dusk token/voucher if not an ICO nor a security, that makes it impossible? I thought you were going the same route as Ethereum, which Vitalik claims is a product.

Is DUSK a security token?
No. DUSK is not a security because it presents a protocol-regulated inflationary mechanism and provides no profit or dividends whatsoever. It absolves the same role of Ether in the Ethereum ecosystem.

Vitalik claims don't make it really a product. Also dusk won't be a token it is a coin so can't say it is a security or utility whatsoever. It has utility features and simply works like ethereum. And as far as i understand if sto's can be the new thing, and dusk hosts sto's like ethereum do for ico's it can reach ethereum's market cap and can be also a payment method like ethereum.

DuskNetwork

copper member

Activity: 474

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Quote from: Token Williams on October 29, 2018, 08:02:09 PM

Quote from: DuskNetwork on October 29, 2018, 05:31:58 AM

Quote from: king_of_alts on October 28, 2018, 03:08:02 AM

Quote from: mr.robot8 on October 28, 2018, 02:57:54 AM

so the value of the hard cap has been increased at the request of the partners ,nice move the project is going well team have to think big, i do not like that the price of the token has also been increased

What was the reason for the partners to demand the increase? They got a discount and now everyone else should pay more or will there be more tokens available?

The reasons are stated in the following article; https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f

No one has received a discount. Everyone is subject to the same token price of $0,0576.

good to hear, (private) presales suck for regular investors as presale investors dump their bag the moment it hits an exchange.

After the private is conducted we will deploy a smart contract which will vest allocations second by second. What this means in practice is that at any point a token investor wanted to release their tokens, they can make a call on the smart contract and then will have access to the total number of tokens that will have vested at that second.

As an example: after the lockup, tokens will be vested over 31,536,000 seconds (365 days x 24 hours x 60 minutes x 60 seconds). If they did it at exactly 6 months, they would receive half. If they did it at 1 day, then 10 days, then 57 days, and then every 3 weeks; they would receive the relevant whole tokens (rounded down) at each specific second.

There will be no way to dump your full allocation within 12 months.

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: Rigorous on October 29, 2018, 06:02:40 PM

Quote from: DuskNetwork on October 29, 2018, 05:32:35 AM

Quote from: Rigorous on October 28, 2018, 05:25:14 AM

People from these countries can not use Ethfinex to participate in the token sale:

Serbia, Sri Lanka, Trinidad and Tobago, Tunisia, Bosnia and Herzegovina, Canada, Democratic People’s Republic of Korea (North Korea), Ethiopia, Iran, Iraq, Syria, Uganda, United States, Vanuatu, Yemen

https://www.ethfinex.com/token-sales/5bd1d37094fae88aff237d13/Dusk-Network/

Is there a way for people from the excluded countries to participate in the DUSK private sale? Let us say a United States citizen with 200 ETH.

That is unfortunately not possible.

Then what is a Dusk token/voucher if not an ICO nor a security, that makes it impossible? I thought you were going the same route as Ethereum, which Vitalik claims is a product.

Is DUSK a security token?
No. DUSK is not a security because it presents a protocol-regulated inflationary mechanism and provides no profit or dividends whatsoever. It absolves the same role of Ether in the Ethereum ecosystem.

I have a hard time understanding what you're saying. The Dusk token (DUSK) is a utility token. The countries being restricted to participate in the privatesale has nothing to do with securities.

jonnytracker

sr. member

Activity: 672

Merit: 261

Can we do pool investment ? 100 is alot for some people

bitcoin-shark

hero member

Activity: 2968

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Quote from: haxllega on October 29, 2018, 07:03:18 PM

It's hard to participate in the ico. Seems like it's only for big investors. 100 ETH is a lot for small investors. Seems like this is a very good project if it's that dificult to enter

unfortunately you're right the ico is very valid but it seems only accessible to large investors, 100 eth i think they are too much for the middle and small investors, must wait for the listing of the token on the exchange to participate, at least for what concerns me...

batako

sr. member

Activity: 1022

Merit: 252

Quote from: haxllega on October 29, 2018, 07:03:18 PM

It's hard to participate in the ico. Seems like it's only for big investors. 100 ETH is a lot for small investors. Seems like this is a very good project if it's that dificult to enter

100 eth indeed is a very big amount and most people won't dare to risk it on ICO. Only those who are already rich who will have a chance to participate. I will wait for the next phase with the make sense requirement to enter into the project.

magisterr

sr. member

Activity: 1372

Merit: 259

Quote from: DuskNetwork on October 29, 2018, 06:37:08 AM

Quote from: magisterr on October 29, 2018, 06:24:28 AM

Quote from: Rigorous on October 28, 2018, 05:25:14 AM

People from these countries can not use Ethfinex to participate in the token sale:

Serbia, Sri Lanka, Trinidad and Tobago, Tunisia, Bosnia and Herzegovina, Canada, Democratic People’s Republic of Korea (North Korea), Ethiopia, Iran, Iraq, Syria, Uganda, United States, Vanuatu, Yemen

https://www.ethfinex.com/token-sales/5bd1d37094fae88aff237d13/Dusk-Network/

Is there a way for people from the excluded countries to participate in the DUSK private sale? Let us say a United States citizen with 200 ETH.

Just 200 people will be participiate in token sale on ETHFinex? How they will selected winners? Investors must make some article etc about them like this was in Tomochain for example?

Quote

Number of Random Draw Winners 200 total, spread over 3 rounds of selection

There will be a random draw, no need to write articles etc.

So there is any guaranties that I ll be able to participiate in token sale? When token sale starts? Do you know exact date already?

lvsca

sr. member

Activity: 1792

Merit: 293

👉bit.ly/3QXp3oh | 🔥 Ultimate Launc

Quote from: kraterion on October 29, 2018, 01:07:54 PM

Quote from: DuskNetwork on October 29, 2018, 05:34:52 AM

Quote from: magisterr on October 28, 2018, 06:20:52 PM

Why CEO of Switcheo Network joined as advor to your project you will have ERC tokens at first? Or you will create NEP5 tokens?

Dusk Network is the only security token proposition in the market that takes care of everything on-chain, meaning it is the only proposition that is automated and scalable, thus allowing for a DEX. Ivan’s experience with the Switcheo NEP-5 DEX will be crucial in developing a great DEX for DUSK’s privacy driven security token standard XST. He knows firsthand what the limitations of the NEO VM were for Switcheo, and having Ivan on board early ensures the Dusk VM will be perfectly aligned with a DEX future. We will not only strategically work together to build Dusk’s Core in the best possible way, but also explore the possibilities of Switcheo to develop a DEX on top of Dusk.

That's a beatiful idea and a natural conseguence of the fact that Dusk has own blockchain, with a smart contracts enviroment and an ecosystem made of security tokens. Maybe in the future you can also think of a cross chain DEX is it will work well enough

if dusk developed cross chain DRX, they will defeat ethereum in short time

Token Williams

newbie

Activity: 310

Merit: 0

Quote from: DuskNetwork on October 29, 2018, 05:31:58 AM

Quote from: king_of_alts on October 28, 2018, 03:08:02 AM

Quote from: mr.robot8 on October 28, 2018, 02:57:54 AM

so the value of the hard cap has been increased at the request of the partners ,nice move the project is going well team have to think big, i do not like that the price of the token has also been increased

What was the reason for the partners to demand the increase? They got a discount and now everyone else should pay more or will there be more tokens available?

The reasons are stated in the following article; https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f

No one has received a discount. Everyone is subject to the same token price of $0,0576.

good to hear, (private) presales suck for regular investors as presale investors dump their bag the moment it hits an exchange.

PS92

full member

Activity: 644

Merit: 101

haxllega

full member

Activity: 392

Merit: 100

It's hard to participate in the ico. Seems like it's only for big investors. 100 ETH is a lot for small investors. Seems like this is a very good project if it's that dificult to enter

Rigorous

full member

Activity: 574

Merit: 115

Quote from: DuskNetwork on October 29, 2018, 05:32:35 AM

Quote from: Rigorous on October 28, 2018, 05:25:14 AM

People from these countries can not use Ethfinex to participate in the token sale:

Serbia, Sri Lanka, Trinidad and Tobago, Tunisia, Bosnia and Herzegovina, Canada, Democratic People’s Republic of Korea (North Korea), Ethiopia, Iran, Iraq, Syria, Uganda, United States, Vanuatu, Yemen

https://www.ethfinex.com/token-sales/5bd1d37094fae88aff237d13/Dusk-Network/

Is there a way for people from the excluded countries to participate in the DUSK private sale? Let us say a United States citizen with 200 ETH.

That is unfortunately not possible.

Then what is a Dusk token/voucher if not an ICO nor a security, that makes it impossible? I thought you were going the same route as Ethereum, which Vitalik claims is a product.

Is DUSK a security token?
No. DUSK is not a security because it presents a protocol-regulated inflationary mechanism and provides no profit or dividends whatsoever. It absolves the same role of Ether in the Ethereum ecosystem.

iad_xo

sr. member

Activity: 448

Merit: 250

bitcoin-shark

hero member

Activity: 2968

Merit: 605

ParRus

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Quote from: kraterion on October 29, 2018, 01:07:54 PM

Quote from: DuskNetwork on October 29, 2018, 05:34:52 AM

Quote from: magisterr on October 28, 2018, 06:20:52 PM

Why CEO of Switcheo Network joined as advor to your project you will have ERC tokens at first? Or you will create NEP5 tokens?

Dusk Network is the only security token proposition in the market that takes care of everything on-chain, meaning it is the only proposition that is automated and scalable, thus allowing for a DEX. Ivan’s experience with the Switcheo NEP-5 DEX will be crucial in developing a great DEX for DUSK’s privacy driven security token standard XST. He knows firsthand what the limitations of the NEO VM were for Switcheo, and having Ivan on board early ensures the Dusk VM will be perfectly aligned with a DEX future. We will not only strategically work together to build Dusk’s Core in the best possible way, but also explore the possibilities of Switcheo to develop a DEX on top of Dusk.

That's a beatiful idea and a natural conseguence of the fact that Dusk has own blockchain, with a smart contracts enviroment and an ecosystem made of security tokens. Maybe in the future you can also think of a cross chain DEX is it will work well enough

I am glad to hear the good news that DUSK Network team received this experienced advisor - CEO of Switcheo Network, I hope he can make the project more successful.

Topic: [ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 101. (Read 145674 times)