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Topic: [ANN] Silk Network: DarkSilk(DSLK) ICO - page 8. (Read 12495 times)

sr. member
Activity: 476
Merit: 251
September 24, 2016, 10:00:48 PM
#30
i will definitely invest in this!
newbie
Activity: 26
Merit: 0
September 24, 2016, 09:23:33 PM
#29
IMHO DSLK ICO at any market place will be more efficiently, transparently, quickly and honestly than now.
full member
Activity: 238
Merit: 100
Tripartite of Silk, DarkSilk and Weaver
September 24, 2016, 09:02:32 PM
#28
Did you miss the Silk Network Brochure?

Have a read of it here - https://silknetwork.org/files/brochure.pdf
sr. member
Activity: 476
Merit: 250
September 24, 2016, 07:53:44 PM
#27
Hi guys,

I have a question regarding the ICO:
I think I understand how the price will be pegged (from the plain English statement in the main thread), but the formula

MAX(PRICEWEEK(N) ([AMOUNT] BTC x 4 / 1,528,000 DSLK)
is not really clear.

Is what you mean that the price for one DSLK (in BTC) will be
Code:
DSLK_PRICE = max( WEEKLY_ICO_FUNDING_VOLUME_IN_BTC ) * 4 / 1,528,000
?

Cheers, and good luck with the ICO

Yes, your equation is correct. The week with the highest volume sets the price for all four weeks. It may be more accurately stated as follows, though:
Code:
argmax WEEKLY_VOLUME_BTC*cos(PRICE_ELASTICITY_OF_DEMAND) * 4 / 1,528,000
         where argmax == DSLK_PRICE && DSLK_PRICE is on the interval [0.25, 2.5]; PRICE_ELASTICITY_OF_DEMAND is in the range of all real numbers
sr. member
Activity: 441
Merit: 251
September 24, 2016, 07:45:37 PM
#26
Hi guys,

I have a question regarding the ICO:
I think I understand how the price will be pegged (from the plain English statement in the main thread), but the formula

MAX(PRICEWEEK(N) ([AMOUNT] BTC x 4 / 1,528,000 DSLK)
is not really clear.

Is what you mean that the price for one DSLK (in BTC) will be
Code:
DSLK_PRICE = max( WEEKLY_ICO_FUNDING_VOLUME_IN_BTC ) * 4 / 1,528,000
?

Cheers, and good luck with the ICO

Thank you for the thumbs up. Nice cleanup, we added a parenthesis at the end as a correction to the original typo. Basically what it says is that we consider every weeks ICO funding and measure it against each other in order to set the price. In the event that demand forces us to increase price the most volatile period would set the norm. The bonus multiplier would dampen this a bit for those who got in early.
newbie
Activity: 10
Merit: 0
September 24, 2016, 06:22:46 PM
#25
Hi guys,

I have a question regarding the ICO:
I think I understand how the price will be pegged (from the plain English statement in the main thread), but the formula

MAX(PRICEWEEK(N) ([AMOUNT] BTC x 4 / 1,528,000 DSLK)
is not really clear.

Is what you mean that the price for one DSLK (in BTC) will be
Code:
DSLK_PRICE = max( WEEKLY_ICO_FUNDING_VOLUME_IN_BTC ) * 4 / 1,528,000
?

Cheers, and good luck with the ICO
full member
Activity: 238
Merit: 100
Tripartite of Silk, DarkSilk and Weaver
September 24, 2016, 04:49:26 PM
#24
What is the need of this new coin? How it differs from other coins? Which sector or industry specific this coin gets launch?

Crypto thusfar has been plagued by volatility. What the world needs is a coin that is stable, has enough liquidity and also carries enough features and continual development to be of commercial use, DarkSilk(DSLK) fills this need.

Head over to our main thread to read more about the project, you will learn that this project has much depth.
sr. member
Activity: 504
Merit: 250
askNFTY Team Account
September 24, 2016, 04:35:19 PM
#23
What is the need of this new coin? How it differs from other coins? Which sector or industry specific this coin gets launch?
full member
Activity: 238
Merit: 100
Tripartite of Silk, DarkSilk and Weaver
September 24, 2016, 03:57:39 PM
#22
Seems like the Statistics Page doesn't update? When will we see it updated?

It has updated. Keep checking back on it Wink
hero member
Activity: 616
Merit: 500
September 24, 2016, 02:26:39 PM
#21
Seems like the Statistics Page doesn't update? When will we see it updated?
member
Activity: 170
Merit: 10
September 24, 2016, 11:44:41 AM
#20
I will invest in this project!
sr. member
Activity: 430
Merit: 250
September 24, 2016, 11:21:59 AM
#19
Updated details about DarkSilk(DSLK) ICO on iconews.org
---->http://www.iconews.org/darksilk-weaver-ico/
good tank you for update
sr. member
Activity: 430
Merit: 250
September 24, 2016, 11:20:59 AM
#18
interest, i will buy dslk...
member
Activity: 62
Merit: 10
http://iconews.org
September 24, 2016, 11:17:16 AM
#17
Updated details about DarkSilk(DSLK) ICO on iconews.org
---->http://www.iconews.org/darksilk-weaver-ico/
Countdown
http://www.iconews.org/ico/
full member
Activity: 238
Merit: 100
Tripartite of Silk, DarkSilk and Weaver
September 24, 2016, 11:16:17 AM
#16
Hello,


ICO finally open. I invested using the Weaver BTC address. How/when can we view our purchases. I also sent SLK to the Weaver SLK address, nothing show up on overview page.

Thank you

Accounts will be updated to reflect deposits shortly, Matthew is currently sleeping, but once he is awake he will finalise the script handling the updating of both account balances/tx's and the ICO info page.

Do rest assured if you send funds, we are receiving them and they are logged against the address associated with your account on Weaver.
The TXID also is hard proof that the funds are sat at the correct address and that we are in receipt of them.
newbie
Activity: 25
Merit: 0
September 24, 2016, 11:11:47 AM
#15
Hello,


ICO finally open. I invested using the Weaver BTC address. How/when can we view our purchases. I also sent SLK to the Weaver SLK address, nothing show up on overview page.

Thank you
full member
Activity: 238
Merit: 100
Tripartite of Silk, DarkSilk and Weaver
September 24, 2016, 09:42:33 AM
#14
when will POW start

When DarkSilk(DSLK) launches. All the info is in the OP, read it Cheesy
sr. member
Activity: 416
Merit: 250
September 24, 2016, 09:39:40 AM
#13
when will POW start
member
Activity: 93
Merit: 10
September 24, 2016, 09:39:31 AM
#12
Why? You just list on bittrex and have active trading there, now you have ico? It is very unecessary. Don't you think?

Welcome to our thread, please read the contents of the thread and you will see that DarkSilk is a yet to be released coin. Silk Network will offer two crypto coins, DarkSilk(DSLK) and Silk(SLK).

Ok, thanks, I just thought DSLK is a new SLK, I will watch it certainly. Maybe invest some money if i think it is a good project.
member
Activity: 170
Merit: 10
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