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Topic: [ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 113. (Read 145658 times)

member
Activity: 350
Merit: 10
In my opinion, the project's attention to designing and implementing a strong market access strategy, expanding the community, expanding the roadmap ... proves that the DUSK network will continue to grow. I will continue to monitor the development of the project!
copper member
Activity: 474
Merit: 21
A nice Dutch review of Dusk Network that has just been released!

If you are from Holland, Belgium or speak Dutch, check out the following link:

https://cryptobenelux.com/2018/10/21/dusk-network-ico-review/

That's indeed a very nice review, great find!  Grin
newbie
Activity: 32
Merit: 0
A nice Dutch review of Dusk Network that has just been released!

If you are from Holland, Belgium or speak Dutch, check out the following link:

https://cryptobenelux.com/2018/10/21/dusk-network-ico-review/
copper member
Activity: 474
Merit: 21
For us the BVC is the partner that will enable DUSK to trade on the best US exchanges.

Finally, the BVC will help Dusk Network get a foot on the ground in the USA’s regulatory space. Dusk Network’s STO Incubator will initially focus on well understood local jurisdictions, but will inevitably tackle the USA’s securities space. A local partner will be a requirement to prevent a difficult process becoming impossible.


So they are actually going to do it. Trade as DUSK as securities on US exchanges. Will it be the first security token to be allowed? Does anyone know what is the legal status of Polymath, another security token?

I don't know about Polymath, but the part you quoted above is going to be quite significant if they manage to be accepted, even if it doesn't mean Dusk it's necessarily a security, maybe the team can clarify this.

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.
copper member
Activity: 474
Merit: 21
well, good news the soft cap has been reached, so the tokens bought by investors in the private sale will be blocked for a year and then they will can be unlocked through smart contract, personally it seems a little long block...

That's not correct. Any investor will be able to withdraw from the contract at any time. However the contract will only release a certain amount of tokens at a time proportional to the total amount. So if you purchased 1,000,000 tokens you'l be able to withdraw 500,000 of them after 6 months. Only the team has a lockup period of 12 months and after that they'll be subject to the Second-by-Second vesting contract.
sr. member
Activity: 672
Merit: 261
There are many data project that pops up recently, I wonder whats special about this
member
Activity: 364
Merit: 37
If they have been running an ICO them hard cap would have achieved in no time but, in private sale it's a bit difficult to find the suitable investor.

Actually in current market condition, private sale, angel investor and other big investors have greater investment potential than relying on public investors.
There are so many people holding their bags and not ready to make another invesment.

Its a sad truth but the bearish market trend is like that at this moment. Angel investors and private sales are getting more and more investments for the project rather than public sale.
hero member
Activity: 1456
Merit: 567
If they have been running an ICO them hard cap would have achieved in no time but, in private sale it's a bit difficult to find the suitable investor.

Actually in current market condition, private sale, angel investor and other big investors have greater investment potential than relying on public investors.
There are so many people holding their bags and not ready to make another invesment.
sr. member
Activity: 980
Merit: 276
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For us the BVC is the partner that will enable DUSK to trade on the best US exchanges.

Finally, the BVC will help Dusk Network get a foot on the ground in the USA’s regulatory space. Dusk Network’s STO Incubator will initially focus on well understood local jurisdictions, but will inevitably tackle the USA’s securities space. A local partner will be a requirement to prevent a difficult process becoming impossible.


So they are actually going to do it. Trade as DUSK as securities on US exchanges. Will it be the first security token to be allowed? Does anyone know what is the legal status of Polymath, another security token?

Actually dusk won't be a security token, it will be an ecosystem which will host security tokens. Still seems can be a little problematic for Sec regulations but it seems they will do it.
sr. member
Activity: 1792
Merit: 293
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by looking that table, there will be  hard competition.
and, Dusk have interesting feature on their platform
full member
Activity: 686
Merit: 100
Interesting to see the difference between dusk network and other project, some competition is good, that mean that there is a market and things to build. Dusk network seems to have very good argument to be a sucessfull project.

The higher and higher quality is the competitiveness, be sure that the Team will apply even more, I see this done, and with the way to go and the possibility of something so great, I believe it will be continued
full member
Activity: 448
Merit: 107
Interesting to see the difference between dusk network and other project, some competition is good, that mean that there is a market and things to build. Dusk network seems to have very good argument to be a sucessfull project.
full member
Activity: 574
Merit: 115
is there anyone have created competitive analysis of DUSK platform with other projects in existence?   May help understand value

Dev already posted this comparison table earlier, it's also in the faq section on their website.






Some of those I have never heard before.

Orchid Protocol raised $40 million?!

Polymath I know because of their video ad and airdrop which required KYC. And they raised quite a large amount of money.
member
Activity: 182
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The partnership is very important now and they have to strive for partnerships with big companies to succeed.


Yeah, it could be more fantastic if they could get to partner with a company who will adopt the platform as its end user.
member
Activity: 434
Merit: 10
The partnership is very important now and they have to strive for partnerships with big companies to succeed.


hero member
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well, good news the soft cap has been reached, so the tokens bought by investors in the private sale will be blocked for a year and then they will can be unlocked through smart contract, personally it seems a little long block...
member
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Congratulations! But to be honest having softcap raised didn't really surprise me; Not having a hardcap raised would surprise me though Smiley.

If they have been running an ICO them hard cap would have achieved in no time but, in private sale it's a bit difficult to find the suitable investor.
Now there are no projects that instantly collect hardcap)) For the red market, this is fantastic) To raise softcap is already good.
full member
Activity: 518
Merit: 101

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.

More information on the ending of the privatesale will follow soon. The softcap has been reached Wink

That is, tokens can actually be taken away completely in a year? Does this mean that there will be swap tokens for coins only after this moment?

Yes, after a year all tokens will be unlocked.
It would make some sense to swap only after this lock up period but maybe they will leave open the option to swap for a long time and decide to swap before the year ends.
Many of last year's quick hands are already out of the market but still its too much time.

But with the next bullrun much more people which now know the words Bitcoin and Blockchain from the media will enter the market.
And with them many weak hands will come again, so there is no chance to get rid of them.

It's difficult to predict what will happen after 1 year, but if developer tokens will be unlocked in 1 year, it seems to me that they will want to do maximum possible to that time.
full member
Activity: 518
Merit: 101
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is there anyone have created competitive analysis of DUSK platform with other projects in existence?   May help understand value

Dev already posted this comparison table earlier, it's also in the faq section on their website.





sr. member
Activity: 770
Merit: 250
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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.

More information on the ending of the privatesale will follow soon. The softcap has been reached Wink

That is, tokens can actually be taken away completely in a year? Does this mean that there will be swap tokens for coins only after this moment?

Yes, after a year all tokens will be unlocked.
It would make some sense to swap only after this lock up period but maybe they will leave open the option to swap for a long time and decide to swap before the year ends.
Many of last year's quick hands are already out of the market but still its too much time.

But with the next bullrun much more people which now know the words Bitcoin and Blockchain from the media will enter the market.
And with them many weak hands will come again, so there is no chance to get rid of them.
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