[ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 128.

o48o

legendary

Activity: 2982

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Leading Crypto Sports Betting & Casino Platform

Quote from: pynetx on October 11, 2018, 09:11:42 AM

Quote from: Rigorous on October 10, 2018, 07:44:09 PM

Looks like security token offerings are stepping in the limelight lately. Which is kind of weird when we had a period where almost every crypto project desperately tried to avoid their token being labeled a security. What has happened that security tokens are seen more favorably now?

The real purpose of crypto is to avoid the government's unnecessary involvement but, bitcoin is not able to get out of their shadows. That's why my bet is on something anonymous.

The "real purpose" is debatable. If that were the case, then why would the people be so excited about the ETF or any government go ahead. There's a purpose for anonymity, but i don't think we have to forget the government's part in the adoption.

belechau

full member

Activity: 686

Merit: 100

Quote from: DuskNetwork on October 11, 2018, 04:04:13 AM

Quote from: godgift.gn on October 11, 2018, 02:00:14 AM

I hope the team will be able to clarify this aspect - very large bonuses can ruin the project as soon as the first listing will be appears.

There is no bonus structure. More information regarding our sale can be found here; https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f

Actually, evictions can be considered in projects without purpose, without actual use, or in projects with exacerbated rewards, I do not see this in Dusk, if it really happens, it will be the result of discontinued work. From the way the project is promising and everything they crave for the currency, it is very difficult to believe in this possibility, because even the bonuses granted will be valued and maintained, I believe

pynetx

sr. member

Activity: 798

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Quote from: Rigorous on October 10, 2018, 07:44:09 PM

Looks like security token offerings are stepping in the limelight lately. Which is kind of weird when we had a period where almost every crypto project desperately tried to avoid their token being labeled a security. What has happened that security tokens are seen more favorably now?

The real purpose of crypto is to avoid the government's unnecessary involvement but, bitcoin is not able to get out of their shadows. That's why my bet is on something anonymous.

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: king_of_alts on October 11, 2018, 08:11:54 AM

Quote from: bitcoinbulk on October 11, 2018, 07:31:26 AM

Quote from: levyashin on October 11, 2018, 01:24:47 AM

Quote from: Makkara on October 11, 2018, 12:21:49 AM

I have seen other similar project using that vesting strategy, it doesn't guarantee a stable price, but at least give some breathing space to small investors.

Well if team doesn't have a vesting period but they believe the project, they won't sell. Still, it is a guarantee for investors that founders won't dump at day one. Doesn't have a big impact if they are trustworthy.

It's a touch subject to tackle. The team should obviously be able to sell come coins so that they can get paid for their hard work but obviously no one wants to see the price dumped.

I think in startup business most early investors and founders have a vesting period. It is a best practice strategy as it eliminates moral hazard.

Everyone is subject to the SbS vesting mechanism. No one received any bonusses and the team has their tokens locked for 12 months + 12 months of vesting.

king_of_alts

member

Activity: 476

Merit: 10

Quote from: bitcoinbulk on October 11, 2018, 07:31:26 AM

Quote from: levyashin on October 11, 2018, 01:24:47 AM

Quote from: Makkara on October 11, 2018, 12:21:49 AM

I have seen other similar project using that vesting strategy, it doesn't guarantee a stable price, but at least give some breathing space to small investors.

Well if team doesn't have a vesting period but they believe the project, they won't sell. Still, it is a guarantee for investors that founders won't dump at day one. Doesn't have a big impact if they are trustworthy.

It's a touch subject to tackle. The team should obviously be able to sell come coins so that they can get paid for their hard work but obviously no one wants to see the price dumped.

I think in startup business most early investors and founders have a vesting period. It is a best practice strategy as it eliminates moral hazard.

bitcoinbulk

full member

Activity: 280

Merit: 100

Ternion | Hybrid Crypto Exchange with fiat gateway

Quote from: levyashin on October 11, 2018, 01:24:47 AM

Quote from: Makkara on October 11, 2018, 12:21:49 AM

I have seen other similar project using that vesting strategy, it doesn't guarantee a stable price, but at least give some breathing space to small investors.

Well if team doesn't have a vesting period but they believe the project, they won't sell. Still, it is a guarantee for investors that founders won't dump at day one. Doesn't have a big impact if they are trustworthy.

It's a touch subject to tackle. The team should obviously be able to sell come coins so that they can get paid for their hard work but obviously no one wants to see the price dumped.

cevap

member

Activity: 490

Merit: 10

www.Zercados.com

Quote from: sambuddha on October 11, 2018, 04:06:50 AM

Quote from: Rigorous on October 10, 2018, 07:44:09 PM

Looks like security token offerings are stepping in the limelight lately. Which is kind of weird when we had a period where almost every crypto project desperately tried to avoid their token being labeled a security. What has happened that security tokens are seen more favorably now?

Security tokens are much more profitable for investors, especially in the red market. Everyone wants to receive dividends))

Security tokens are definitely more preferable for investors, but they demand much more from the team. There are more rules for security tokens to comply with to avoid problems with regulative authorities, maybe that's why many projects wanted to keep their tokens as utility tokens.

sambuddha

full member

Activity: 644

Merit: 103

Quote from: Rigorous on October 10, 2018, 07:44:09 PM

Looks like security token offerings are stepping in the limelight lately. Which is kind of weird when we had a period where almost every crypto project desperately tried to avoid their token being labeled a security. What has happened that security tokens are seen more favorably now?

Security tokens are much more profitable for investors, especially in the red market. Everyone wants to receive dividends))

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: MattLeBlanc on October 11, 2018, 02:58:31 AM

Quote from: godgift.gn on October 11, 2018, 02:00:14 AM

I hope the team will be able to clarify this aspect - very large bonuses can ruin the project as soon as the first listing will be appears.

I too feel it may lead to a wrong type of promotion because once the token is listed, the early investors or those who got large bonuses may try to cash their profit out.

Everyone is subject to the SbS vesting mechanism. No one received any bonusses and the team has their tokens locked for 12 months + 12 months of vesting.

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: godgift.gn on October 11, 2018, 02:00:14 AM

I hope the team will be able to clarify this aspect - very large bonuses can ruin the project as soon as the first listing will be appears.

There is no bonus structure. More information regarding our sale can be found here; https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: levyashin on October 11, 2018, 01:24:47 AM

Quote from: Makkara on October 11, 2018, 12:21:49 AM

I have seen other similar project using that vesting strategy, it doesn't guarantee a stable price, but at least give some breathing space to small investors.

Well if team doesn't have a vesting period but they believe the project, they won't sell. Still, it is a guarantee for investors that founders won't dump at day one. Doesn't have a big impact if they are trustworthy.

The team has their tokens locked for 12 months + 12 month vesting period.

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: magisterr on October 10, 2018, 08:37:18 PM

Quote from: DuskNetwork on October 10, 2018, 05:46:22 AM

Quote from: TheLivingcrypto on October 10, 2018, 05:02:54 AM

Have any measurements been taking to prevent dumping after bonus release?

Yes, we are mainly looking for people who share the same longterm vision as we do. We have also removed any bonusses and implented a state of the art vesting system; Second-by-Second (SbS) vesting.

SbS works as follows;
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.

But why you think people will want to do this? As usually investors need their tokens asap. Or there will be some bonuses for investors which prefer lock their tokens?

We want to make sure everyone that contributes is in for the longterm vision, just as we are. Hence we're only selling in private placement and are looking for people who can add value to the project! So far all of our investors have been super positive about the structure and feel like it suits the longterm vision of the project we all share.

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: Rigorous on October 10, 2018, 07:44:09 PM

Looks like security token offerings are stepping in the limelight lately. Which is kind of weird when we had a period where almost every crypto project desperately tried to avoid their token being labeled a security. What has happened that security tokens are seen more favorably now?

With the increased attention ICOs seem to be getting, regulatory requirements are getting more real every day. Considering that most the tokens that are being sold claim to be utility tokens, the chances for exit scams or failed investments increase significantly. Despite the jump in funding between 2017 and 2018, ICOs are becoming harder to participate in. Most of today’s ICOs are struggling to stay within the regulatory requirements and are trying to be safe by limiting the public access to ICOs and making the ICOs available to private accredited investors only. However, that seems to be a temporary solution to the problem as the regulations get tighter. Eventually, chances are that ICOs will inevitably make room for a more regulated landscape. With adoption comes regulations and such regulations may be satisfied with Security Token Offering (STOs).

MattLeBlanc

member

Activity: 364

Merit: 37

Quote from: godgift.gn on October 11, 2018, 02:00:14 AM

I hope the team will be able to clarify this aspect - very large bonuses can ruin the project as soon as the first listing will be appears.

I too feel it may lead to a wrong type of promotion because once the token is listed, the early investors or those who got large bonuses may try to cash their profit out.

omwibya

member

Activity: 434

Merit: 10

Quote from: Jepli on October 11, 2018, 01:53:24 AM

Quote from: Rigorous on October 10, 2018, 07:44:09 PM

Looks like security token offerings are stepping in the limelight lately. Which is kind of weird when we had a period where almost every crypto project desperately tried to avoid their token being labeled a security. What has happened that security tokens are seen more favorably now?

Well it could be an emerging trend as compared to utility tokens which did not fare well on their ICO's.

people are trying different strategies to ensure the success of their projects. this is just the latest trend. lookout for ICO's to go away and be replaced by IPO's

godgift.gn

newbie

Activity: 13

Merit: 0

I hope the team will be able to clarify this aspect - very large bonuses can ruin the project as soon as the first listing will be appears.

Jepli

member

Activity: 315

Merit: 10

Quote from: Rigorous on October 10, 2018, 07:44:09 PM

Looks like security token offerings are stepping in the limelight lately. Which is kind of weird when we had a period where almost every crypto project desperately tried to avoid their token being labeled a security. What has happened that security tokens are seen more favorably now?

Well it could be an emerging trend as compared to utility tokens which did not fare well on their ICO's.

levyashin

sr. member

Activity: 980

Merit: 276

$CYBERCASH METAVERSE

Quote from: Makkara on October 11, 2018, 12:21:49 AM

I have seen other similar project using that vesting strategy, it doesn't guarantee a stable price, but at least give some breathing space to small investors.

Well if team doesn't have a vesting period but they believe the project, they won't sell. Still, it is a guarantee for investors that founders won't dump at day one. Doesn't have a big impact if they are trustworthy.

Makkara

full member

Activity: 1064

Merit: 166

I have seen other similar project using that vesting strategy, it doesn't guarantee a stable price, but at least give some breathing space to small investors.

magisterr

sr. member

Activity: 1372

Merit: 259

Quote from: DuskNetwork on October 10, 2018, 05:46:22 AM

Quote from: TheLivingcrypto on October 10, 2018, 05:02:54 AM

Have any measurements been taking to prevent dumping after bonus release?

Yes, we are mainly looking for people who share the same longterm vision as we do. We have also removed any bonusses and implented a state of the art vesting system; Second-by-Second (SbS) vesting.

SbS works as follows;
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.

But why you think people will want to do this? As usually investors need their tokens asap. Or there will be some bonuses for investors which prefer lock their tokens?

Topic: [ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 128. (Read 145658 times)