Very interesting, in depth interview with Dusk:
https://www.youtube.com/watch?v=0FRPFuqkIuM
Topic: [ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 69. (Read 145674 times)
November 24, 2018, 02:32:22 PM
November 24, 2018, 02:31:03 PM
DUSK is a security token and it can be used to launch other tokens as ethereum does? Please correct me if I am wrong.
Dusk Network's native token DUSK is a utility token.
This is maybe nitpicking, but i am not sure if you can call that a "token" as token is described as working under some other cryptocurrency's infrastructure. More like a "coin" as dusk is a cryptocurrency.
November 24, 2018, 12:16:21 PM
So are dusk network allows every project to make their own token and security or will there be permissions?
There is two opinions for it. First of all, it should allow anyone to create its own project.
And second says look ethereum example, it is crowded with spam/scam/unnecessary tokens which is bringing down the value of the chain itself.
So how will dusk network act?
There is two opinions for it. First of all, it should allow anyone to create its own project.
And second says look ethereum example, it is crowded with spam/scam/unnecessary tokens which is bringing down the value of the chain itself.
So how will dusk network act?
I hope they'll be smart enough to recognize that it's better to leave people free to do what they want.
Yes at least for the beginning. After some times, they for sure can improve the system to meet the best performance for dusk network.
November 24, 2018, 11:08:33 AM
So are dusk network allows every project to make their own token and security or will there be permissions?
There is two opinions for it. First of all, it should allow anyone to create its own project.
And second says look ethereum example, it is crowded with spam/scam/unnecessary tokens which is bringing down the value of the chain itself.
So how will dusk network act?
There is two opinions for it. First of all, it should allow anyone to create its own project.
And second says look ethereum example, it is crowded with spam/scam/unnecessary tokens which is bringing down the value of the chain itself.
So how will dusk network act?
I hope they'll be smart enough to recognize that it's better to leave people free to do what they want.
Yes at least for the beginning. After some times, they for sure can improve the system to meet the best performance for dusk network.
November 24, 2018, 10:43:59 AM
so actually those who invested when the btc was $ 6k would have invested half if investing at this time receiving the same number of tokens,they should do (all the ico active) let's say a fixed exchange value for investments for example 1 btc = 4k $ to be maintained at least until the end of the year, this would give investors more security,dusk should look for some other partnership...
Fixing the btc invested in 4K would be detrimental in a future leveraged, Nobody would invest Btc to 6k to receive the same amount of who invested the 6. The term security for investors applies to the opposite situation, but in case of price increase becomes a problem
Apparently, the movement pre black friday was the same as last year, I'm not sure for what reason, but it influenced the market a lot. I base myself on the retrospect, which may not be infallible, but it has brought me good results today.
November 24, 2018, 10:05:55 AM
so actually those who invested when the btc was $ 6k would have invested half if investing at this time receiving the same number of tokens,they should do (all the ico active) let's say a fixed exchange value for investments for example 1 btc = 4k $ to be maintained at least until the end of the year, this would give investors more security,dusk should look for some other partnership...
Fixing the btc invested in 4K would be detrimental in a future leveraged, Nobody would invest Btc to 6k to receive the same amount of who invested the 6. The term security for investors applies to the opposite situation, but in case of price increase becomes a problem
November 24, 2018, 06:51:53 AM
So are dusk network allows every project to make their own token and security or will there be permissions?
There is two opinions for it. First of all, it should allow anyone to create its own project.
And second says look ethereum example, it is crowded with spam/scam/unnecessary tokens which is bringing down the value of the chain itself.
So how will dusk network act?
There is two opinions for it. First of all, it should allow anyone to create its own project.
And second says look ethereum example, it is crowded with spam/scam/unnecessary tokens which is bringing down the value of the chain itself.
So how will dusk network act?
I hope they'll be smart enough to recognize that it's better to leave people free to do what they want.
November 24, 2018, 05:25:04 AM
If security tokens are going to be regulated instead of letting it be totally anarchistic, then you can prevent a lot of shit tokens.
The issue is that regulations cannot really define what is a security and what is not. It appears almost everything is marked as a security
Yes they can, it's called the howey test.
Based upon this test anything is set as a security.
November 23, 2018, 05:39:06 AM
STO competition is heating up. Seen some good project leading currently. I am hoping DUSK will release platfrom on time otherwise allow someone else to gain market share.
I think this must pass through regulation (I mean security tokens). As i understand correctly, each founders of security token must have license for STO?
This is dilemma that crypto projects and Government regulators had been experiencing because there is no universally accepted regulations and each regulations depends on the country that implements it. It is "a different talk for different folks" so to speak and I hope it can be resolve in the near future. Imho.
November 24, 2018, 04:57:20 AM
So are dusk network allows every project to make their own token and security or will there be permissions?
There is two opinions for it. First of all, it should allow anyone to create its own project.
And second says look ethereum example, it is crowded with spam/scam/unnecessary tokens which is bringing down the value of the chain itself.
So how will dusk network act?
There is two opinions for it. First of all, it should allow anyone to create its own project.
And second says look ethereum example, it is crowded with spam/scam/unnecessary tokens which is bringing down the value of the chain itself.
So how will dusk network act?
November 24, 2018, 04:17:31 AM
SEC can toucj coins/tokens if a company is US based/ it issued an ICO in the US, I don't see why everyone have to comply with the SEC, Unites States of America doesn't rule the world
But they can be good when it comes to persuading the rest of the world unfortunately. I am sure many project would like to hide in Europe and SEC will do anything to force their believes and rules to EU.
November 24, 2018, 04:11:39 AM
SEC can toucj coins/tokens if a company is US based/ it issued an ICO in the US, I don't see why everyone have to comply with the SEC, Unites States of America doesn't rule the world
November 24, 2018, 02:58:45 AM
STO competition is heating up. Seen some good project leading currently. I am hoping DUSK will release platfrom on time otherwise allow someone else to gain market share.
I think this must pass through regulation (I mean security tokens). As i understand correctly, each founders of security token must have license for STO?
This is dilemma that crypto projects and Government regulators had been experiencing because there is no universally accepted regulations and each regulations depends on the country that implements it. It is "a different talk for different folks" so to speak and I hope it can be resolve in the near future. Imho.
As I understand SEC want to control all crypto, and if to see at some projects which they arrested or fined, I think security tokens must be licensed by SEC
November 24, 2018, 02:19:26 AM
If security tokens are going to be regulated instead of letting it be totally anarchistic, then you can prevent a lot of shit tokens.
The issue is that regulations cannot really define what is a security and what is not. It appears almost everything is marked as a security
There is a simple test the SEC uses to find out if a token is a security. It's called Howey test.
Under the Howey Test, a transaction is an investment contract if:
1 It is an investment of money
2 There is an expectation of profits from the investment
3 The investment of money is in a common enterprise
4 Any profit comes from the efforts of a promoter or third party
November 24, 2018, 01:49:13 AM
If security tokens are going to be regulated instead of letting it be totally anarchistic, then you can prevent a lot of shit tokens.
The issue is that regulations cannot really define what is a security and what is not. It appears almost everything is marked as a security
November 23, 2018, 06:56:33 PM
If security tokens are going to be regulated instead of letting it be totally anarchistic, then you can prevent a lot of shit tokens.
But you know what, if that regulation is executed by a government institute you get the same problems we already have with the stock market.
On the one hand you create financial, administrative and cultural hurdles to even register a token, which means there will be a bias for a certain type of businesses. In short it would be less egalitarian.
On the other hand it would give a sense of false security, because even though the institute pretends it is super accurate and effective, it will still be run by a few fallible human beings. They are very good at catching the obvious scams while give the huge ones a pass. You know, Libor rate fixing, Madoff, Lehman Brothers, Enron...
But you know what, if that regulation is executed by a government institute you get the same problems we already have with the stock market.
On the one hand you create financial, administrative and cultural hurdles to even register a token, which means there will be a bias for a certain type of businesses. In short it would be less egalitarian.
On the other hand it would give a sense of false security, because even though the institute pretends it is super accurate and effective, it will still be run by a few fallible human beings. They are very good at catching the obvious scams while give the huge ones a pass. You know, Libor rate fixing, Madoff, Lehman Brothers, Enron...
November 23, 2018, 05:14:03 PM
There are sto's on ethereum too. Ethereum doesn't limit anything they are ico or sto or just shitcoin. But being on ethereum chain doesn't give any confidence to users, you can make your own token in seconds very cheap. I think dusk network also trying to build this trust. Like this:
"Oh, it is on dusk network. That can't be bad or scam."
I am not sure how DUSK can limit someone from creating a token on its platform. How would anyone know beforehand that some token will be shit?
limiting anyone to create tokens would be a bad idea. it would turn off a lot of people.
It could be the other way round too. It's like a spam filter.
I agree. We don't want to see the network being spammed with shitty tokens again.
Just look what happened to ethereum
November 23, 2018, 05:09:14 PM
so actually those who invested when the btc was $ 6k would have invested half if investing at this time receiving the same number of tokens,they should do (all the ico active) let's say a fixed exchange value for investments for example 1 btc = 4k $ to be maintained at least until the end of the year, this would give investors more security,dusk should look for some other partnership...
Fixing the btc invested in 4K would be detrimental in a future leveraged, Nobody would invest Btc to 6k to receive the same amount of who invested the 6. The term security for investors applies to the opposite situation, but in case of price increase becomes a problem
November 23, 2018, 02:59:49 PM
so actually those who invested when the btc was $ 6k would have invested half if investing at this time receiving the same number of tokens,they should do (all the ico active) let's say a fixed exchange value for investments for example 1 btc = 4k $ to be maintained at least until the end of the year, this would give investors more security,dusk should look for some other partnership...
I do not think that BTC will be able to be at such a low value for a long time, the most important factor is that for miners it does not bring profit.Ita always a gamble to invest in crypto and in ICOs an we all know that. You can be unlucky and end up with less tokens after ICO for the same money or it cal be the other way around. I believe BTC will go up and both will have profits in the end.
November 23, 2018, 02:34:28 PM
so actually those who invested when the btc was $ 6k would have invested half if investing at this time receiving the same number of tokens,they should do (all the ico active) let's say a fixed exchange value for investments for example 1 btc = 4k $ to be maintained at least until the end of the year, this would give investors more security,dusk should look for some other partnership...
I do not think that BTC will be able to be at such a low value for a long time, the most important factor is that for miners it does not bring profit. Jump to: