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Topic: [ANN][PRE-SALE LIVE] DarcMatter Coin (DMC) - The Global Finance Revolution - page 5. (Read 22558 times)

sr. member
Activity: 399
Merit: 250
Interesting project that seems like it has a lot of potential. What is the purpose of the sale? Why are you guys trying to raise money and what will you do with it once you reach the sale goals?

Hi Dofus! Please read check out this article for detailed information on DM's move into the blockchain - https://medium.com/@DarcMatter/darcmatter-is-evolving-to-the-blockchain-e52ec7177eb7

Regarding use of exchanged currencies, here is a breakdown:

Project Development & R&D 49.04%
Platform Marketing and Networking Development 15.00%
PR & Marketing for the ICO 4.00%
SG&A / Overhead 15.00%
Seed Investor Investments* 5.00%
Legal Counsel 2.00%
Regulatory Compliance 3.00%
Shareholder Loans & Reimbursements 2.50%
Management Dividend 2.96%
Developers Bonus 1.50%

Thanks for the reply and link to that article. Good read and it really explains a lot about why you moved into the blockchain and DarcMatters future goals.
full member
Activity: 588
Merit: 100
What is the advantage of holding the DarcMatter coin? What can you do with it?

The DarcMatter coin can be held as Singularity Nodes. Singularity Nodes are permitted users or nodes that have at least 15,000 DMC and a necessary volume of transactions to harvest and verify specific transactions. The definition may evolve as the velocity of interactions increases and the complexity of the underlying information increases as well. Participants on the network will be incentivized to further participate the utilize the Tachyon ISC to become a Singularity Node and have the ability to harvest and verify.

Singularity Nodes will be judged by their respective ‘g-factor’8, which will be determined by a number of elements, including contractual complexity mapping from strategy profiles to outcomes9, the Dotson algorithm, nodal linkage history and other proprietary mechanisms. Dependent upon the number of parties and interactions, DarcMatter may have to develop a higher tier node with higher requirements.

Thanks for the explanation. That makes a lot more sense to me now. It looks like a really good use for the coin. How much is 15,000 DMC in USD?
member
Activity: 234
Merit: 10
I have read that some ICOs are having trouble being labeled as a security, opening them up to more regulation. Is DarcMatter considered a utility or a security?

DM Coin is a utility token created by DarcMatter, to be utilized to unlock and to consummate smart contracts to complete the investment process.

That's really good to know. I like when coins are utilities vs. securities because of the regulatory stuff. Thanks Smiley
full member
Activity: 486
Merit: 101
Nice job on closing pre-sale tier 1 early. I think this project is very valuable and will make a huge impact on financial services. How is pre-sale tier 2 going and how can I invest?

Hi deeltje! Please email [email protected] for specific details on the presale.

Thanks for your reply. I'll do that today. Is there a website with a description on it?
newbie
Activity: 20
Merit: 0
Interesting project that seems like it has a lot of potential. What is the purpose of the sale? Why are you guys trying to raise money and what will you do with it once you reach the sale goals?

Hi Dofus! Please read check out this article for detailed information on DM's move into the blockchain - https://medium.com/@DarcMatter/darcmatter-is-evolving-to-the-blockchain-e52ec7177eb7

Regarding use of exchanged currencies, here is a breakdown:

Project Development & R&D 49.04%
Platform Marketing and Networking Development 15.00%
PR & Marketing for the ICO 4.00%
SG&A / Overhead 15.00%
Seed Investor Investments* 5.00%
Legal Counsel 2.00%
Regulatory Compliance 3.00%
Shareholder Loans & Reimbursements 2.50%
Management Dividend 2.96%
Developers Bonus 1.50%
newbie
Activity: 20
Merit: 0
Tier 2 of thje private pre-sale appears to be doing really well. I bet the goal will be reached before next week is over. I'm glad to see that. What is the benefit of buying now vs. buying during the public pre-sale?

Hi celestio, please email us at [email protected] for specific details about the presale. Thank you!
newbie
Activity: 15
Merit: 0
What is the advantage of holding the DarcMatter coin? What can you do with it?

The DarcMatter coin can be held as Singularity Nodes. Singularity Nodes are permitted users or nodes that have at least 15,000 DMC and a necessary volume of transactions to harvest and verify specific transactions. The definition may evolve as the velocity of interactions increases and the complexity of the underlying information increases as well. Participants on the network will be incentivized to further participate the utilize the Tachyon ISC to become a Singularity Node and have the ability to harvest and verify.

Singularity Nodes will be judged by their respective ‘g-factor’8, which will be determined by a number of elements, including contractual complexity mapping from strategy profiles to outcomes9, the Dotson algorithm, nodal linkage history and other proprietary mechanisms. Dependent upon the number of parties and interactions, DarcMatter may have to develop a higher tier node with higher requirements.
full member
Activity: 476
Merit: 100
What is the advantage of holding the DarcMatter coin? What can you do with it?

I am also wondering this. Do coin holders benefit from just holding the coin or can they actually do something with it?
full member
Activity: 512
Merit: 101
How did your team meet? How many people work on this project in total?
sr. member
Activity: 399
Merit: 250
Interesting project that seems like it has a lot of potential. What is the purpose of the sale? Why are you guys trying to raise money and what will you do with it once you reach the sale goals?
sr. member
Activity: 770
Merit: 250
Tier 2 of thje private pre-sale appears to be doing really well. I bet the goal will be reached before next week is over. I'm glad to see that. What is the benefit of buying now vs. buying during the public pre-sale?
full member
Activity: 588
Merit: 100
What is the advantage of holding the DarcMatter coin? What can you do with it?
full member
Activity: 512
Merit: 101
Is there a public Github link available for this project? If so, can you please link it? TIA

No, currently the code is not available for Github yet. The Github will address the abstraction layer.

Understandable, thanks. Is there a roadmap for the development of this project through 2018? I would like to see what goals you guys plan to reach this year. It is entirely possible that I overlooked it when searching for it.

Hi! You can find the roadmap on the frontpage (https://dmc.darcmatter.com/).

Here is a direct link to it: http://dmc.darcmatter.com/wp-content/uploads/2018/03/large-2.jpg

I appreciate it. It's great that this project has been around for a long time and already have so many investors registered.
newbie
Activity: 20
Merit: 0
It seems like DMC sales are going well so far. That is really good to see. Has DarcMatter been seeing a lot of success from the bounty campaign?

We had mild success initially targeting accredited investors only, and have recently revamped the community rewards program to allow the broader crypto community to participate. We expect that this will drive more interest for the DarcMatter project.

More info here: https://medium.com/@DarcMatter/darcmatter-dmc-ico-community-rewards-program-live-62e2ee072438
newbie
Activity: 15
Merit: 0
Is there a public Github link available for this project? If so, can you please link it? TIA

No, currently the code is not available for Github yet. The Github will address the abstraction layer.

Understandable, thanks. Is there a roadmap for the development of this project through 2018? I would like to see what goals you guys plan to reach this year. It is entirely possible that I overlooked it when searching for it.

Hi! You can find the roadmap on the frontpage (https://dmc.darcmatter.com/).

Here is a direct link to it: http://dmc.darcmatter.com/wp-content/uploads/2018/03/large-2.jpg
full member
Activity: 588
Merit: 100
What percentage of DarcMatter coins are sold during the pre-sale and ICO?

50% of the (1,000,000,000) coins are being sold.

Thanks for your reply. How are the other 50% of coins being distributed?

Hey, I can answer this. According to the white paper, here is the overall coin distribution:

1,000,000,000 DMC – This is a finite supply and will not be increased.

DMC ICO (50%) 500,000,000
Management Reserve (35%) 350,000,000
Developers (6%) 60,000,000
Seed Investors (4%) 40,000,000
Company Reserve (5%) 50,000,000



Thanks for the reply. That distribution seems sound. What happens to unsold DMC tokens?

Hi there! The remaining unsold tokens get burned.

Perfect, thanks for your reply. That's just what I wanted to know.
newbie
Activity: 127
Merit: 0
It seems like DMC sales are going well so far. That is really good to see. Has DarcMatter been seeing a lot of success from the bounty campaign?
full member
Activity: 512
Merit: 101
Is there a public Github link available for this project? If so, can you please link it? TIA

No, currently the code is not available for Github yet. The Github will address the abstraction layer.

Understandable, thanks. Is there a roadmap for the development of this project through 2018? I would like to see what goals you guys plan to reach this year. It is entirely possible that I overlooked it when searching for it.
full member
Activity: 193
Merit: 100
I've been seeing DarcMatter in a lot of articles lately. I also noticed that DarcMatter was awarded with "Best Growth Stage Startup" last year. That's remarkable. What do you think was the main reason for winning that award?

We think the main reason for winning this award was due to our user growth as we continued to build the platform. We were able to onboard more investors in the U.S. and Asia, along with increasing the number of alternative investment firms/funds available on DarcMatter. We were honored to receive the recognition!

This project keeps impressing me as I learn more about it. It makes me feel better about my investment when I see all of the user growth and investments. I think you guys can do amazing things this year.
sr. member
Activity: 756
Merit: 250
I was interested to see that DMC is on the NEM blockchain and not ETH. Why did you guys choose this and what advantages does it have?

We decided to go with NEM vs. ERC20 for a few reasons:
1. The core technology and inception for NEM was specifically created for the more robust financial use case as in the situation with DarcMatter
2. The ease of use with developers and ability to modify the solution we believe to be much better than other blockchains in the market today
3. The ease of a blended public and private use case also drew us as well.
4. PoI (Proof of Importance) is something that is very important to us and we have our own custom modifications to what's important for the network.

In general:
NEM has a very strong team of developers and a great vision which was driven around the development of the underlying technology and its efficient use. There has been significant work that has been put into making the NEM blockchain accessible and modifiable in a much more scalable fashion than others including Ethereum. While the technology is very well designed for platform building for secure transactions such as alternative investments, it also utilizes significantly less power in its harvesting process as opposed to high energy use from mining of other cryptocurrencies; all of which create positive benefits for DMC and DarcMatter.


After that explanation, it does sound like the NEM blockchain was a good choice for DarcMatter. I'm glad to see it is more scalable and modifiable. It is also a huge plus that NEM more robust for financial use cases. Thanks for your help.
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