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Topic: [ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 110. (Read 145658 times)

legendary
Activity: 2982
Merit: 1149
Leading Crypto Sports Betting & Casino Platform
https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f
- Hard cap has been increased to $14.4m for 50% of tokens.

How much is the previous hard cap sir ?


Our previous hardcap was 7.8M but we decided to increase it due to overwhelming interest and because we were advised to do so by our advisors and partners. With this increase we will be able to get more value-adding contributors onboard, have more liquidity, which is more resilient to unforeseen events, and use these additional funds to add more value to the project and its goals. We were also able to sign a partnership with Bitfinex because of this  Grin

It's still a very small marketcap considering the product and comparing it to other icos out there these days. And congratz for that Bitfinex partnership.
sr. member
Activity: 672
Merit: 261
secure transmission of data, is this more advance version of all those other anonymous transaction projects ?
newbie
Activity: 32
Merit: 0
Partnership with Bitfinex will turn a lot of heads towards DUSK. Too bad there isn't any ICO. Need to wait till it hit the exchange.

Bitfinex is a big exchange but can you name recent ICO listings on the platform that has helped the price because I can't name one, Bitfinex is wallowing in the FUD surrounding Tether, even if you looked at the Ethfinex platform the trading volume there is very low, just hope the exchange is not losing ground with its competitors

Not that many ICO's are listing on Bitfinex anyways. I thought Bitfinex made a public statement about the Tether FUD?
full member
Activity: 588
Merit: 100
Partnership with Bitfinex will turn a lot of heads towards DUSK. Too bad there isn't any ICO. Need to wait till it hit the exchange.

Bitfinex is a big exchange but can you name recent ICO listings on the platform that has helped the price because I can't name one, Bitfinex is wallowing in the FUD surrounding Tether, even if you looked at the Ethfinex platform the trading volume there is very low, just hope the exchange is not losing ground with its competitors

it doesn't matter man, because it's another selling point. those add up and bring new people onboard
hero member
Activity: 1876
Merit: 512
Partnership with Bitfinex will turn a lot of heads towards DUSK. Too bad there isn't any ICO. Need to wait till it hit the exchange.

Bitfinex is a big exchange but can you name recent ICO listings on the platform that has helped the price because I can't name one, Bitfinex is wallowing in the FUD surrounding Tether, even if you looked at the Ethfinex platform the trading volume there is very low, just hope the exchange is not losing ground with its competitors
member
Activity: 434
Merit: 10
Partnership with Bitfinex will turn a lot of heads towards DUSK. Too bad there isn't any ICO. Need to wait till it hit the exchange.

Indeed, this partnership is great news and definitely won't go unnoticed in the crypto community. Really good job of the Dusk team!
copper member
Activity: 474
Merit: 21
there are many projects already targeting privacy like DASH, XMR but no one compare with Komodo.  How is DUSK differentiate for compete with KOMODO platform? 

I am not really familiar with Komodo, if you could provide me with their specifics I will be able to differentiate us Wink
sr. member
Activity: 448
Merit: 250
there are many projects already targeting privacy like DASH, XMR but no one compare with Komodo.  How is DUSK differentiate for compete with KOMODO platform? 
copper member
Activity: 474
Merit: 21
https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f
- Hard cap has been increased to $14.4m for 50% of tokens.

How much is the previous hard cap sir ?


Our previous hardcap was 7.8M but we decided to increase it due to overwhelming interest and because we were advised to do so by our advisors and partners. With this increase we will be able to get more value-adding contributors onboard, have more liquidity, which is more resilient to unforeseen events, and use these additional funds to add more value to the project and its goals. We were also able to sign a partnership with Bitfinex because of this  Grin
sr. member
Activity: 798
Merit: 262
Partnership with Bitfinex will turn a lot of heads towards DUSK. Too bad there isn't any ICO. Need to wait till it hit the exchange.
sr. member
Activity: 658
Merit: 250
https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f
- Hard cap has been increased to $14.4m for 50% of tokens.

How much is the previous hard cap sir ?
newbie
Activity: 32
Merit: 0
So Bitfinex will list Dusk for free and they even invested in them? This was hinted at in one of their articles.

"Conclude agreements with one of the world’s leading exchanges, who we will now be able to accommodate as a private sale contributor and partner as well as secure a free listing."


Source; https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f

Nice news, i can say there are not going to be much problems to reach the soft cap now. This also gives more legitimacy to the project if anybody had any doubt, as you can never be sure these days  Cool

Having a strategic arrangement from a reputable exchange such as Bitfinex to be an investor and an official exchange is seldom seen in crypto world. I suppose Bitfinex was attracted by DUSK's immense potential as a blockchain platform.
Indeed I'm surprise by the news. That gives a lot of trust to the project because this kind of movements are not very common.

I want to say I'm not really suprised due to the experienced team but you never know. Right now just happy I was able to invest in them Cheesy
copper member
Activity: 474
Merit: 21

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.

So imagine you purchased 1,000,000 tokens and want to withdraw the first second;
1,000,000 (total allocation) / 31,536,000 (total seconds in a year) * 1 = 0.032 DUSK

So imagine you purchased 1,000,000 tokens and want to withdraw after a week;
1,000,000 (total allocation) / 31,536,000 (total seconds in a year) * 604,800 (total seconds in a week) = 19,178.08 DUSK

So imagine you purchased 1,000,000 tokens and want to withdraw after a month;
1,000,000 (total allocation) / 31,536,000 (total seconds in a year) * 2,628,000 (total seconds in a month) = 83,333.33 DUSK

So imagine you purchased 1,000,000 tokens and want to withdraw after 9 months;
1,000,000 (total allocation) / 31,536,000 (total seconds in a year) * 23,652,000 (total seconds in 9 months) = 750,000 DUSK

I hope this clearifies it! If you have any more questions, feel free to ask Wink

That is, if you buy a million tokens and withdraw them in a month, you will get a little more than 80 thousand tokens. And the rest of the tokens will never be withdrawn. Then no one will want to buy a million, and take less, therefore all tokens will be frozen for one year. Right?

You can make a call to the contract any time you want and as many times as you want.
full member
Activity: 462
Merit: 100
So Bitfinex will list Dusk for free and they even invested in them? This was hinted at in one of their articles.

"Conclude agreements with one of the world’s leading exchanges, who we will now be able to accommodate as a private sale contributor and partner as well as secure a free listing."


Source; https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f

Nice news, i can say there are not going to be much problems to reach the soft cap now. This also gives more legitimacy to the project if anybody had any doubt, as you can never be sure these days  Cool

Having a strategic arrangement from a reputable exchange such as Bitfinex to be an investor and an official exchange is seldom seen in crypto world. I suppose Bitfinex was attracted by DUSK's immense potential as a blockchain platform.
Indeed I'm surprise by the news. That gives a lot of trust to the project because this kind of movements are not very common.
hero member
Activity: 1736
Merit: 857

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.

So imagine you purchased 1,000,000 tokens and want to withdraw the first second;
1,000,000 (total allocation) / 31,536,000 (total seconds in a year) * 1 = 0.032 DUSK

So imagine you purchased 1,000,000 tokens and want to withdraw after a week;
1,000,000 (total allocation) / 31,536,000 (total seconds in a year) * 604,800 (total seconds in a week) = 19,178.08 DUSK

So imagine you purchased 1,000,000 tokens and want to withdraw after a month;
1,000,000 (total allocation) / 31,536,000 (total seconds in a year) * 2,628,000 (total seconds in a month) = 83,333.33 DUSK

So imagine you purchased 1,000,000 tokens and want to withdraw after 9 months;
1,000,000 (total allocation) / 31,536,000 (total seconds in a year) * 23,652,000 (total seconds in 9 months) = 750,000 DUSK

I hope this clearifies it! If you have any more questions, feel free to ask Wink

That is, if you buy a million tokens and withdraw them in a month, you will get a little more than 80 thousand tokens. And the rest of the tokens will never be withdrawn. Then no one will want to buy a million, and take less, therefore all tokens will be frozen for one year. Right?
newbie
Activity: 32
Merit: 0

But what's important here is the fact they're partnering up with Bitfinex which grands them a free listing as well as Bitfinex investing in Dusk. If you prefer a visual presentation I recommend watching the AMA they did with Crypto Fairy.

Part 1; https://www.youtube.com/watch?v=_eNwlWArqBY

Part 2; https://www.youtube.com/watch?v=DZ2Y0cWnWQI

That's great news! Looking at the state of the market, it's pretty awesome what the Dusk team managed to achieve so far.

I am sure they'll be able to fill their hardcap. Bitfinex is a great achievement. Not many projects are getting their funding together is this market. Even Bitfinex is sold about Dusk, other VC's who were still on the edge of investing will definitely make their move now. I'm looking forward to their announcement regarding the partnership. I got the feeling their partnership is much more than just a listing and an investment.
full member
Activity: 798
Merit: 115

But what's important here is the fact they're partnering up with Bitfinex which grands them a free listing as well as Bitfinex investing in Dusk. If you prefer a visual presentation I recommend watching the AMA they did with Crypto Fairy.

Part 1; https://www.youtube.com/watch?v=_eNwlWArqBY

Part 2; https://www.youtube.com/watch?v=DZ2Y0cWnWQI

That's great news! Looking at the state of the market, it's pretty awesome what the Dusk team managed to achieve so far.
sr. member
Activity: 1078
Merit: 310
So Bitfinex will list Dusk for free and they even invested in them? This was hinted at in one of their articles.

"Conclude agreements with one of the world’s leading exchanges, who we will now be able to accommodate as a private sale contributor and partner as well as secure a free listing."


Source; https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f

Nice news, i can say there are not going to be much problems to reach the soft cap now. This also gives more legitimacy to the project if anybody had any doubt, as you can never be sure these days  Cool

Having a strategic arrangement from a reputable exchange such as Bitfinex to be an investor and an official exchange is seldom seen in crypto world. I suppose Bitfinex was attracted by DUSK's immense potential as a blockchain platform.
newbie
Activity: 32
Merit: 0
Make sure you check in to Jelle speaking live!

https://twitter.com/DuskFoundation/status/1054798874865483776
Wow, thanks for sharing, tell me where this event takes place? Live performances help to better understand the concept of the project.
well a live event i think i'll watch it even although late, in fact i also think helps a lot  to better understand the various concepts,strategies, mechanisms of the project

But what's important here is the fact they're partnering up with Bitfinex which grands them a free listing as well as Bitfinex investing in Dusk. If you prefer a visual presentation I recommend watching the AMA they did with Crypto Fairy.

Part 1; https://www.youtube.com/watch?v=_eNwlWArqBY

Part 2; https://www.youtube.com/watch?v=DZ2Y0cWnWQI
full member
Activity: 938
Merit: 159
Make sure you check in to Jelle speaking live!

https://twitter.com/DuskFoundation/status/1054798874865483776
Wow, thanks for sharing, tell me where this event takes place? Live performances help to better understand the concept of the project.
well a live event i think i'll watch it even although late, in fact i also think helps a lot  to better understand the various concepts,strategies, mechanisms of the project
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