Wow, wiser. I didn’t mean to consume a good part of your weekend. It was meant to be a challenge to engage our community that DNotes is not an average digital currency and anyone insisting on a 30 second elevator pitch is missing the boat. Let me guess. No one can read everything our team has collectively developed in a year, and can still keep up with our on going blog posts. We are talking about a lot of original quality contents. That is quite an achievement by itself.
You must have spent a lot of time thinking through the assignment. You provided almost enough materials to start writing a business plan! With limited time, I will try to touch on two points. The first one is stakeholders ownership of the “Newco” (The company, as an example, to be incorporated to be the owner of CryptoMoms, DNotesVault, up coming regulated exchange, and other properties in the future) Numbers being used here are tentative for purposes of discussion only and subject to negotiation. In addition, Newco will receive a large contribution of DNotes from its largest stakeholders who will own a percentage of the company. Collectively, DNotes the currency will own 25% of Newco subject to dilutions as addition funds are raised. There will be at least three rounds of funding of substantial amounts. Details will not be disclosed until it is deemed appropriate, but it will be a substantial contributor to the value of the currency. In contrast, none of Bitcoin ecosystem owners has given any ownership to Bitcoin, the currency. That is the DNotes’ difference. This ownership arrangement will have little impact on day traders and short term investors but of huge value to long term investors of DNotes, especially when invested before everything materialized. The proportionate value of ownership will be reflected in the value of the currency.
World Bank estimated that there are currently 2.5 billion people worldwide that are not served or underserved by banks; collectively known as the unbanked. DNotes is committed to take full advantage of DNotes the currency and the Blockchain technology in cooperation with smart phone manufacturers, service carriers, and international charity organizations to assist the unbanked. This could be a massive international joint project involving DNotes ecosystems and partners infrastructure. Personally, I am very passionate about this project and feel confident that we will have the best solutions.
Don't worry, Dyna, I didn't spend
too much time on this. I actually had a very busy weekend with life stuff, but I was kind of working this out in the back of my mind.
So... it sounds like at some point there will be shares for "Newco" outside of ownership implied in DNotes. That makes a lot of sense, actually. I'd like to be an investor in "Newco" when the time comes. I doubt I could be a
large investor, but a medium or small one
That's actually another challenging sort of thing to wrap the head around: the currency itself owning a major interest in a company! Yeah, Bitcoin doesn't own anything... probably because it never occurred to anyone that Bitcoin
should own anything, because money doesn't typically own stuff. No wonder you're having a tough time with a 30 second elevator pitch!
But just for fun, here's a good tag line for something: "DNotes, where your money owns a substantial part of our company!" or "DNotes, backed by our company!"
Getting the unbanked involved in cryptocurrency is going to be very interesting and fun. I'm looking forward to seeing how that unfolds, especially DNotes' central role.