❌ [ANN][ICO] Daox — the open Protocol for ICOs 2.0 (new topic) - page 5.

personxw

newbie

Activity: 15

Merit: 0

Quote from: daox on September 13, 2018, 07:57:22 AM

Quote from: personxw on September 13, 2018, 07:41:06 AM

I can see project "the planet" is raising DXC tokens which is ridiculous! I don't really get what are they going to do with these tokens and how are they planning on funding their development with dxc? its not even listied at any exchange yet.

First of all, thanks for following our updates!

We work closely with first projects that conduct their token sales using the Daox Protocol as it is in our interest to help them succeed. As you may know Daox is not only the solution for token sales, but also an ecosystem of crypto-related services (such as KYC services, bounty, ratings, marketing, etc.). So, on the one hand the DXC token is used to get access to such services, on the other hand the project is getting attention from the Daox community. They will definitely run their main sale stage with ETH accepted, and they will fund the development with the funds raised at this stage, while part of DXC tokens will be used for promotional and other service purposes.

By the way, you can always see how the process is going and how the funds are being spent as Daox Protocol makes it completely transparent.

So for the token holders this means that your DXC tokens will be dumped by the project once the token sale is finished and you can guess what will happen to the its price on exchanges.

austinjon09

newbie

Activity: 2

Merit: 0

Quote from: daox on January 23, 2018, 01:35:37 PM

Quote from: ?? on ??

Sounds good! looking forward to learn more Cheesy

Thank you!

Also join our Telegram chat (english only): https://t.me/daoxchat

tape_ket1

newbie

Activity: 28

Merit: 0

Daox is proposing an advanced open source technological solution and unified protocol that aims to fix all these problems, preserving the benefits of crypto, raising the efficiency of capital and establishing the basis for the future investment industry.

The founders and leaders of the project are recognized professionals in their fields and in the blockchain industry. The project has a strong advisory board. Blockchain technology is necessary for the project. The legal structure of the company is transparent.

I think it's one of perfect ICO project of 2018.

hegie_paul

newbie

Activity: 3

Merit: 0

Can you explain about the staking a bit.Will wallet be out before the end of the ICO for the desktop or will we be able to stake on mobile devices also?

daox

jr. member

Activity: 109

Merit: 1

Daox — the Future of ICOs

Quote from: personxw on September 13, 2018, 07:41:06 AM

I can see project "the planet" is raising DXC tokens which is ridiculous! I don't really get what are they going to do with these tokens and how are they planning on funding their development with dxc? its not even listied at any exchange yet.

First of all, thanks for following our updates!

We work closely with first projects that conduct their token sales using the Daox Protocol as it is in our interest to help them succeed. As you may know Daox is not only the solution for token sales, but also an ecosystem of crypto-related services (such as KYC services, bounty, ratings, marketing, etc.). So, on the one hand the DXC token is used to get access to such services, on the other hand the project is getting attention from the Daox community. They will definitely run their main sale stage with ETH accepted, and they will fund the development with the funds raised at this stage, while part of DXC tokens will be used for promotional and other service purposes.

By the way, you can always see how the process is going and how the funds are being spent as Daox Protocol makes it completely transparent.

personxw

newbie

Activity: 15

Merit: 0

I can see project "the planet" is raising DXC tokens which is ridiculous! I don't really get what are they going to do with these tokens and how are they planning on funding their development with dxc? its not even listied at any exchange yet.

Turner Deckpris

newbie

Activity: 7

Merit: 0

The concept behind this business is been sought after for a long time. That one will be able to walk to the street and buy all what they want. I'm with you guys 100%

daox

jr. member

Activity: 109

Merit: 1

Daox — the Future of ICOs

Quote from: JefferyDes on September 12, 2018, 06:50:13 AM

Hey,
After reading a bit through your website I must say that I'm pretty excited about the project. Gonna read through your whitepaper further and come back to explore more. It will be a significant project.

Thanks for the feedback!

More good news:
Blockchain-based messaging and social app Vibeo to sell part of their tokens using the Daox Protocol

https://medium.com/daox/blockchain-based-messaging-and-social-app-vibeo-to-sell-part-of-their-tokens-using-the-daox-c49a3ad1d821

daox

jr. member

Activity: 109

Merit: 1

Daox — the Future of ICOs

Quote from: hegie_paul on September 11, 2018, 01:02:03 PM

Can you explain about the staking a bit.Will wallet be out before the end of the ICO for the desktop or will we be able to stake on mobile devices also?

We don't require staking in anyway. Please, visit daox.org website to know more about the project.

daox

jr. member

Activity: 109

Merit: 1

Daox — the Future of ICOs

Quote from: dzelenyanskiy on September 11, 2018, 01:12:54 PM

I have accompanying the Daox project for a long time by participating in its bounty campaign on Twitter and I'm interested in the question - does the project team know now, on which exchange will the token be listed after the end of the ICO? Thanks in advance!

Although we can't comment on what exchanges are we partnering with, we can say that the DXC token is already attracting attention from various of them.

dzelenyanskiy

full member

Activity: 378

Merit: 100

I have accompanying the Daox project for a long time by participating in its bounty campaign on Twitter and I'm interested in the question - does the project team know now, on which exchange will the token be listed after the end of the ICO? Thanks in advance!

Darrell-Hopkins

newbie

Activity: 28

Merit: 0

Hello,
That's so very nice having now such a great opportunity to invest in a really strong coin ! coin of the future, no doubt! ! To the Moon ! To the Moon ! To the Moon !

hijimuna

brand new

Activity: 0

Merit: 0

Project looks pretty cool, but I miss some information. 1) What exactly is the product? Some info about the product somewhere? 2) Some information about devs somewhere?

daox

jr. member

Activity: 109

Merit: 1

Daox — the Future of ICOs

Blockchain-based MMO game “The Planet” to run its entire token sale using the Daox Protocol

We are thrilled to announce the first project that is conducting its entire token sale using the Daox Protocol.

It also start with the DXC-presale stage aimed at raising 3,000,000 DXC tokens! The DXC price is pegged at 0.002ETH.

You can participate in this token sale with your DXC tokens right away: https://daox.network/planet

Know more: https://medium.com/daox/blockchain-based-mmo-game-the-planet-to-run-its-entire-token-sale-using-the-daox-protocol-b7404d9d0030

daox

jr. member

Activity: 109

Merit: 1

Daox — the Future of ICOs

Quote from: Rihydtersgreen on September 05, 2018, 05:14:47 AM

Project looks pretty cool, but I miss some information. 1) What exactly is the product? Some info about the product somewhere? 2) Some information about devs somewhere?

1) The product is an Ethereum based framework for deploying token sales based on the concept of decentralized autonomous organization (DAO). There is also the Daox.Network (https://daox.network) which is the interface for interacting with these token sales in a convenient way. 2) https://daox.org/#Team

Rihydtersgreen

newbie

Activity: 41

Merit: 0

Project looks pretty cool, but I miss some information. 1) What exactly is the product? Some info about the product somewhere? 2) Some information about devs somewhere?

daox

jr. member

Activity: 109

Merit: 1

Daox — the Future of ICOs

Quote from: personxw on September 05, 2018, 04:44:05 AM

Quote from: daox on September 04, 2018, 05:11:00 PM

Quote from: personxw on September 04, 2018, 01:25:18 PM

If the source code is open, why would ICO projects use your smart contract to deploy the DAICO if they can just copy-paste the code and get rid of your dxc token?

There are several major reasons why it is better to have a genuine DAO, instead of copy-pasting the source code.

First of all, its free and there is no commission charged. We clearly understand that this solution has to be widely accessible to everyone, in order to become widely adopted. Secondly, token sale participants should only trust the genuine code, as this is the only way for them to make sure that they get what is proposed by the protocol. Thirdly, there is no need to get rid of the DXC token. DXC token is there to help get access to trusted ICO-related services at a discounted price and to connect third-party modules directly to the DAOs, created using the protocol. However, if they don't like to raise DXC tokens or to deposit them, they don't have to.

On top of that, each project that run the entire token sale using the Daox Protocol might be featured on the Daox.Network and across the whole Daox community. We are also working on the service that would be kind of Etherscan for Daox-based token sales.

The bottomline is that there are only positive effects of running the token sale using the genuine Daox smart-contracts.

I'm not sure that it is sufficient but I'll leave it there for now.

I don't believe that the whole idea will work, as ICOs need to keep ETH locked without being able to exchange to fiat. Don't you think that the market is to volatile to have ETH as a source of financing for 1-2-3 years? For instance, I've recently read an article on TC saying that the ETH will collapse as a currency and they had pretty good rationale there.

This is exactly why the protocol supports any ERC20 token, so the startup team can exchange ETH to ERC20-based stable coin or raise stable coin in the first place. We are also working on more advanced solutions related to keeping the funds safe from market fluctuations.

daox

jr. member

Activity: 109

Merit: 1

Daox — the Future of ICOs

Quote from: hijimuna on September 04, 2018, 08:45:26 PM

Project looks pretty cool, but I miss some information. 1) What exactly is the product? Some info about the product somewhere? 2) Some information about devs somewhere?

1) The product is an Ethereum based framework for deploying token sales based on the concept of decentralized autonomous organization (DAO). There is also the Daox.Network (https://daox.network) which is the interface for interacting with these token sales in a convenient way. 2) https://daox.org/#Team

personxw

newbie

Activity: 15

Merit: 0

Quote from: daox on September 04, 2018, 05:11:00 PM

Quote from: personxw on September 04, 2018, 01:25:18 PM

If the source code is open, why would ICO projects use your smart contract to deploy the DAICO if they can just copy-paste the code and get rid of your dxc token?

There are several major reasons why it is better to have a genuine DAO, instead of copy-pasting the source code.

First of all, its free and there is no commission charged. We clearly understand that this solution has to be widely accessible to everyone, in order to become widely adopted. Secondly, token sale participants should only trust the genuine code, as this is the only way for them to make sure that they get what is proposed by the protocol. Thirdly, there is no need to get rid of the DXC token. DXC token is there to help get access to trusted ICO-related services at a discounted price and to connect third-party modules directly to the DAOs, created using the protocol. However, if they don't like to raise DXC tokens or to deposit them, they don't have to.

On top of that, each project that run the entire token sale using the Daox Protocol might be featured on the Daox.Network and across the whole Daox community. We are also working on the service that would be kind of Etherscan for Daox-based token sales.

The bottomline is that there are only positive effects of running the token sale using the genuine Daox smart-contracts.

I'm not sure that it is sufficient but I'll leave it there for now.

I don't believe that the whole idea will work, as ICOs need to keep ETH locked without being able to exchange to fiat. Don't you think that the market is to volatile to have ETH as a source of financing for 1-2-3 years? For instance, I've recently read an article on TC saying that the ETH will collapse as a currency and they had pretty good rationale there.

limek

member

Activity: 364

Merit: 10

I think this could be a good concept that would help the crypto grow even beetter.

Topic: ❌ [ANN][ICO] Daox — the open Protocol for ICOs 2.0 (new topic) - page 5. (Read 16255 times)