[ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 116.

king_of_alts

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Quote from: Altcoinrusher on October 21, 2018, 12:05:47 AM

Quote from: viljy on October 20, 2018, 04:40:05 PM

I am wondering how exactly will the swap of tokens and coins be made? Because I did not found this information. I would like to learn about it from the developers.

Most projects implementing a token swap will publish a detailed and user friendly guide on how to swap their tokens, so I guess there is no need for concern about that.

Yes, I wouldn't worry about it. You probably only have to register an address or even do nothing.

turkandjaydee

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Quote from: lvsca on October 19, 2018, 08:23:23 AM

Quote from: turkandjaydee on October 19, 2018, 07:20:43 AM

Quote from: jonnytracker on October 19, 2018, 05:52:48 AM

So first token than, swap with dusk network token later ? So blockchain still in development ?

According to the roadmap , their devnet and wallet will be launched before the end of this year.

so, they didn't use ERC20 as their blockchain?

No, they dont. Having their own blockchain is the only way to achieve privacy which Ethereum cannot offer.

viljy

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I am wondering how exactly will the swap of tokens and coins be made? Because I did not found this information. I would like to learn about it from the developers.

Jepli

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Is there enough incentives / benefits for someone with computing resources who wants to be part of the network and helps in maintaining its integrity?

traveler007

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ZooomEx- a new cryptocurrency exchange!

Quote from: DuskNetwork on October 19, 2018, 03:15:54 AM

Quote from: traveler007 on October 19, 2018, 02:36:26 AM

When coins will be trading at exchanges? You will distribute ERC tokens at first or investors must wait native coins and your own blockchain?

The exact listing date has not been announced. All of the tokens will be subject to Second-By-Second vesting. We will release the ERC20 equivalent token to the market first.

What this means "Second-By-Second vesting"? Can you explaine as I hear this first time Huh

And when private sale ends? You raised softcap already?

Amelie Poulain

full member

Activity: 518

Merit: 101

Quote from: Frank37 on October 20, 2018, 01:55:13 PM

Quote from: kraterion on October 20, 2018, 05:30:43 AM

The fact is that they don't need to simplify it for everybody since not everybody can join in since minimum investement is 100 ether. It's fine like that, I suggest to read Cardano's documents then

Not everybody can join in since minimum investement is 100 ether, but ... everybody can buy the token after it hits the exchange and the more are interested in buying, the better for the project. So it is not unimportant how many people understand the concept.

That's what I thought, if the owners of the tokens will be whales, they will be able to manipulate the price or make a dump .. 100 ETH is a large amount that not everyone can invest at this frozen time.

Frank37

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Quote from: kraterion on October 20, 2018, 05:30:43 AM

The fact is that they don't need to simplify it for everybody since not everybody can join in since minimum investement is 100 ether. It's fine like that, I suggest to read Cardano's documents then

Not everybody can join in since minimum investement is 100 ether, but ... everybody can buy the token after it hits the exchange and the more are interested in buying, the better for the project. So it is not unimportant how many people understand the concept.

Jay2408

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🚀🚀 ATHERO.IO 🚀🚀

Quote from: MattLeBlanc on October 20, 2018, 12:14:56 PM

I think 100 ETH is little too much for minimum investment in this bearish trend. Its hard to get investments at this moment, especially for ICOs, this is certainly a bad time. Hopefully, the team understands this and lowers the minimum investment so that even smaller investors can get a piece of Dusk.

Dev wrote already that they won't lower the minimum investment. Seems that they are quite determined on that, who knows maybe their private sale is running better than we expect.

MattLeBlanc

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Activity: 364

Merit: 37

I think 100 ETH is little too much for minimum investment in this bearish trend. Its hard to get investments at this moment, especially for ICOs, this is certainly a bad time. Hopefully, the team understands this and lowers the minimum investment so that even smaller investors can get a piece of Dusk.

belechau

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Activity: 686

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Quote from: the_donald on October 20, 2018, 08:50:52 AM

Quote from: kraterion on October 20, 2018, 05:30:43 AM

The fact is that they don't need to simplify it for everybody since not everybody can join in since minimum investement is 100 ether. It's fine like that, I suggest to read Cardano's documents then

I dunno about that. investment isn't the only thing people can do. they can also promote, but if they don't understand...

Have you been informed about the possibility of reducing this minimum investment in other rounds, or is it a fixed amount? I'm not sure if it would be the best strategy, but there's always the other side of the story, and certainly reasons for it.

Rigorous

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Quote from: Makkara on October 20, 2018, 12:45:18 AM

Quote from: Rigorous on October 19, 2018, 05:45:57 PM

Agreed about the last part, not so sure about the first. Why I agree that DUSK is a special case: because it is a research project and not a hype-driven get-rich-quick nonsense ICO, so the people who invest in DUSK are a different type with a different goal. That also means you might not profit from DUSK getting on a large exchange and being dumped for cheap by impulsive traders.

About the non-profit aspect you gentleman mention here. You may be right and since is a research, i wonder if dusk even got some public funding?
Is not so unlikely to think the EU could have some funds for these kind of researches as well, as it is assigning funds for all sort of things.

That may indeed be the case, or at least they have been trying to get EU funding.

What are the reasons for pursuing the path of EU funding?
This is a point closely related to our intention to build a relationship with regulators and include them in our development strategy. Given the deep research nature of our endeavours, securing high-level multinational EU research grants in parallel to our private fundraising achieves the following points:

To increase substantially the funds at disposal of the Dusk Foundation without selling additional tokens after our private-sale.
To be implicitly compliant with EU regulators (important for our intention of implementing a confidential security token framework) under the premise that the whole development (so not only the currency) will be led according to strict EU compliant project management framework.
To create a EU consortium where all partners will have a well defined and specific role approved by the EU grant commission and funded through them. This means that our partners won’t only be a silent logo on our website like most other crypto projects

the_donald

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Activity: 588

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Quote from: kraterion on October 20, 2018, 05:30:43 AM

The fact is that they don't need to simplify it for everybody since not everybody can join in since minimum investement is 100 ether. It's fine like that, I suggest to read Cardano's documents then

I dunno about that. investment isn't the only thing people can do. they can also promote, but if they don't understand...

iad_xo

sr. member

Activity: 448

Merit: 250

STO is top talking point in crypto currently. There are some project already in space without ICO funds. Like to see some progress made on DUSK platform soon so gain advantage of first in market

levyashin

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Quote from: kraterion on October 19, 2018, 11:12:17 AM

Quote from: levyashin on October 19, 2018, 07:03:43 AM

Quote from: Frank37 on October 19, 2018, 06:29:45 AM

If I look in all my projects so I had be better waited till the coin is in the market instead of investing in ICO.
Most projects were or are now under ICO price .

One of the problems on the market is there are lots of same projects and even the subject is unnecessary. For example, bank for bankless people. I saw this at least 10 different project and bankless people don't have bank because they are broke and you can't get any profit from them. But because they are very crowded, companies love doing a project on them and investors thinking like yeah 2 billion people is very huge, this seems logical, it doesn't. This one just an example, lots of unnecessary similar projects and they are all failing as they should.

Dusk network seems to make a unique and necessary project also not giving out bounties or making an ico with bonuses with different ranges. They are only selling on private sale with a fixed price. I really don't think this will not get dumped at all and will pump even in this market conditions. Because it is unique and a necessary project instead of the other %99 of the projects on the market.

That's actually what I think too, Dusk is going to fit very well in the crypto space because there's demand for it. You made me laugh on bank for bankless people because you're right Cheesy

Yes exactly.

Bank for bankless people even not that bad. I saw a project is offering a service kind of netflix to bankless people. They are dying from poverty but the only thing they need is netflix!

jonnytracker

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Activity: 672

Merit: 261

Quote from: loup on October 20, 2018, 07:25:50 AM

Quote from: wissy on October 20, 2018, 04:53:13 AM

Quote from: o48o on October 20, 2018, 04:45:50 AM

Quote from: Altcoinrusher on October 19, 2018, 05:37:39 PM

I agree. The whitepaper is too technical and is a bit difficult to comprehend for the less tech savvy people including me. If only they could produce a less technical whitepaper for everybody then it could be great.

Well, you can always read about the concept from their blog and watch their videos, they have been useful to me as i am not fluent with maths and coding.

I don't think they are plannig to update the whitepaper as they think that the technical part should give an extensive idea about the project.

Maybe having some less technical explanations would help to find new investors because someone that is going to risk its money on a project shouldn't invest in somthing doesn't understand.

When you talk about less technical demo. It always reminds me of infographic video clips with cartoons. Not the verbal review of some random youtubers

loup

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Activity: 462

Merit: 100

Quote from: wissy on October 20, 2018, 04:53:13 AM

Quote from: o48o on October 20, 2018, 04:45:50 AM

Quote from: Altcoinrusher on October 19, 2018, 05:37:39 PM

I agree. The whitepaper is too technical and is a bit difficult to comprehend for the less tech savvy people including me. If only they could produce a less technical whitepaper for everybody then it could be great.

Well, you can always read about the concept from their blog and watch their videos, they have been useful to me as i am not fluent with maths and coding.

I don't think they are plannig to update the whitepaper as they think that the technical part should give an extensive idea about the project.

Maybe having some less technical explanations would help to find new investors because someone that is going to risk its money on a project shouldn't invest in somthing doesn't understand.

kraterion

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Activity: 616

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🚀🚀 ATHERO.IO 🚀🚀

The fact is that they don't need to simplify it for everybody since not everybody can join in since minimum investement is 100 ether. It's fine like that, I suggest to read Cardano's documents then

wissy

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Activity: 658

Merit: 102

Quote from: o48o on October 20, 2018, 04:45:50 AM

Quote from: Altcoinrusher on October 19, 2018, 05:37:39 PM

I agree. The whitepaper is too technical and is a bit difficult to comprehend for the less tech savvy people including me. If only they could produce a less technical whitepaper for everybody then it could be great.

Well, you can always read about the concept from their blog and watch their videos, they have been useful to me as i am not fluent with maths and coding.

I don't think they are plannig to update the whitepaper as they think that the technical part should give an extensive idea about the project.

o48o

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: Altcoinrusher on October 19, 2018, 05:37:39 PM

I agree. The whitepaper is too technical and is a bit difficult to comprehend for the less tech savvy people including me. If only they could produce a less technical whitepaper for everybody then it could be great.

Well, you can always read about the concept from their blog and watch their videos, they have been useful to me as i am not fluent with maths and coding.

blockchain-man

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Activity: 532

Merit: 100

Quote from: jonnytracker on October 19, 2018, 05:52:48 AM

Quote from: DuskNetwork on October 19, 2018, 03:15:54 AM

Quote from: traveler007 on October 19, 2018, 02:36:26 AM

When coins will be trading at exchanges? You will distribute ERC tokens at first or investors must wait native coins and your own blockchain?

The exact listing date has not been announced. All of the tokens will be subject to Second-By-Second vesting. We will release the ERC20 equivalent token to the market first.

So first token than, swap with dusk network token later ? So blockchain still in development ?

I agree! The unpublished date of the token is the interest of all people. But in order to be competitive and developed, Blockchain technology must continually develop and perfect. I believe the DUSK network will be such a project. We will be very grateful to see more DUSK news that the team will keep updating!

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