Topic: [ANN] The DAO available for pre-launch trading on OpenLedger - page 2. (Read 4697 times)

It is also now available in Poloniex

https://poloniex.com/dao

First of all you have to register you user on open ledger, and then you can send tokens directly from the platform

how to send token to openledger

DAO tokens in the form of the IOU OPEN.DAO is now available on the folloiwng markets as well, but please note due to the volatility the rate is not set at 1:1 and will be adjusted according to change of rate accordingly:

BTC market: https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_OPEN.BTC

BTS market: https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_BTS

These two markets are only meant as an extra service, as the best rate and really 1:1 you get fom the ETH market:

https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_OPEN.ETH

That is correct, you may also decide to buy in during the increasing price and still have option to gain something for the trading prior to launch.You can see tcaling of price onf the official website.

They are legit decentralized crypto trading platform.

Or what needs to be done is send coin to openledger NOW (day-2 ahead of end of presale) and buy DAO on openledger, then you can trade them for the next 2 weeks, correct?

so if i have DAO token from the 14 days of presale i can trade it at any time on openledger?

Is this OpenLedger thing legit?

Yea, i can see those links but when i click them, i see "NO DATA", only open.ETH shows some trades. I tought i can buy DAO's for BTS os BTC on your exchange. Looks like im too stupid too use this tool:) Anyway i wish all the best to BTS project.

Yep this is the real deal.

And it is possible because Open Ledger give immediatly the possibility to trade Dao tokens.

For those who don't understand what is going on, here is the incentive:

* They bought DAO in the first 14 days for the maximum bonus (2 days remaining to buy at this rate).

As the price continues for the next 10 days after that, it is a linear increase in price.  For the final 4 days, it is 100 DAO for 1.5 ETH.   Right now, DAO being available on openledger is pointless as you can buy directly from the source, easier and safer.   However, in 2 days from now up until May 30th, they can undercut the current price because they bought their DAO for the cheapest rate.

The final 4 days when DAO price gives 33% less tokens, Openledger market could undercut by up to that much and be a better deal for late buyers, and Openledger can offload their 50 btc worth of ether for 1-32% profit.

Sure it works and the IOU's are fully backed by real DAO.
Open Ledger is designed to work in this way. (there are also Open.DGD, Open.Lisk...)
Is the bitshares blockchain magic.

Look last trade @ $0.1    21,000 OPEN.DAO    $2,520

This platform seems to work.

Like mentioned you can actually trade them on OpenLedger from the moment you have the IOU' on your account, and considering them to be at the price of 100 token to 1 ETH now and untill May 14th at 10.00 UCT, and then 100 tokens at 1,50 ETH at the end of the ICO, I dont believe I need to tell you where the potential gain lies, do I?

I have give a link in the body of the thread above. I hope if you go through it you will find it.

You can trade these now.

I just become acquainted with OPENLEDGER but i cant see there DAO IOU tokens

Why buy IOU's when you can go directly to the source? 

In b4 anyone else. Looks interesting. Time to do some reading.

We did it succesfully with the digixDAO token, now we continue with the mastodont the DAO with more more than 4 million ETH already spent in buying DAO.

OpenLedger is creating DAO tokens on the slock.it site daohub.org allowing this amount to be made available for immediate purchase and consequently trading on OpenLedger markets in the form of the IOU asset OPEN.DAO.

Once the DAO tokens are released at the launch time set by www.daohub.org and approximately May 28th 2016, the same IOU asset (OPEN.DAO) currently trading during pre-launch will become freely transferrable and withdrawable. You will also be able yourself to make DAO deposits to OpenLedger at that time.

Start Date: The DAO's Creation phase began on April 30th at 10:00 UTC.

Duration: 28 days.

Conversion Schedule:

For the first 15 days: 100 DAO tokens (Ð) for 1 ETH (Ξ)
For the 10 subsequent days: linear increase
For the last 4 days: constant 100 DAO tokens (Ð) for 1.5 ETH (Ξ)




MAKE SURE TO READ TERMS AND CONDITIONS BEFORE BUYING: https://daohub.org/explainer.html



We are creating the tokens available for prelaunch based on demand, and it is possible to follow the total updated amount created and available on OpenLedger for final withdrawal at launch time by entering the following adress: 0x2739fef4c91B1572Fee9eF4cE37cb00d118b4CFB and by entering this address on the DAO official website https://daohub.org/creation.html





http://cryptofresh.com/a/OPEN.DAO


opendao   http://cryptofresh.com/u/opendao


https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_OPEN.ETH


If not already a user, make good use of the getting started video listed below, then once signed up use above link to get to the market where you can buy the OpenLedger IOU OPEN.DAO backed 1:1 with the token on daohub.org released at the end of ICO.


The available trading pairs for the DAO tokens created on daohub.org (DAO) are many, as you are able to create the markets yourself, the below markets are however suggestions to where you could be trading the DAO instantly after the purchase by simply creating a sell order

BTC: https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_OPEN.BTC

BTS: https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_BTS

ETH: https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_OPEN.ETH

SMARTCOINS BitCNY: https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_CNY                  

SMARTCOINS BitUSD: https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_USD                

FIAT USD: https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_OPEN.USD  

Wish to replace the DAO market with BTC? simply replace the DAO in OPEN.DAO with BTC, click enter and you are in a new market where crypto is BTC instead of DAO. You can do this with all currencies, whichever way you like.  


All the best

Ronny Boesing, CEO at CCEDK ApS https://www.ccedk.com
Public Profile Linkedin: https://dk.linkedin.com/in/ronny-boesing-65b61720