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Topic: DCORP Venture Capitalism - page 33. (Read 127607 times)

member
Activity: 104
Merit: 10
Swapy Network (www.swapy.network)
November 08, 2017, 11:38:15 AM
Interesting concept. Good luck!
full member
Activity: 212
Merit: 102
November 08, 2017, 11:36:58 AM
It costs 5 Eth just to propose a change in 'Governance rules' so a vote can be held.

Half of which is paid out to the small 'Board of Directors'.

They claim it is to encourage people to write better proposals.  What it really does is consolidate their power.

Ideally we should be able to propose a vote if enough voters sign some sort of petition not have to pay a 1500$ fee for something which may not even pass...

Ok.  I need to stop checking this thread for awhile.

i think they said in white paper, they will create some sort of .net platform website where they will do all voting on project etc , not sure they will follow up that or they will go expensive voting process
legendary
Activity: 1638
Merit: 1013
November 08, 2017, 10:47:02 AM
Unlocking the token means it would be movable and will probably quickly be added to Etherdelta. This will probably happen before the fork. This means people can then buy more at low dumping prices before money flows back into alts after the fork.
sr. member
Activity: 602
Merit: 295
Hail Eris!
November 08, 2017, 10:41:22 AM
It costs 5 Eth just to propose a change in 'Governance rules' so a vote can be held.

Half of which is paid out to the small 'Board of Directors'.

They claim it is to encourage people to write better proposals.  What it really does is consolidate their power.

Ideally we should be able to propose a vote if enough voters sign some sort of petition not have to pay a 1500$ fee for something which may not even pass...

Ok.  I need to stop checking this thread for awhile.
full member
Activity: 212
Merit: 102
November 08, 2017, 10:26:00 AM

I think the time for releasing the Tokens is not good at the moment and will be much better after the fork when the whole Altcoin market will rise, because some people will dump no matter of the price just to get into Bitcoin.
I will also hold long term and see what happens.
They said on telegram a few days ago, if the vote says "no", the next vote will be in the near future, maybe in a month.

I don't mind waiting a month.  I am not a big fan of vague language such as 'near future' though.

I am also rather concerned about the amount of control the devs have given themselves in the corp by not only setting the fees to propose changes to corp laws really really high but establishing a large number of laws without any voting...   they really really REALLY need to waive those massive fees until we vote on a number of things (such as what the appropriate fees are).

If this doesn't happen this is all an illusion with respect to being semi autonomous and token holder controlled.


i also don't mind waiting for one more month but real issue is, they should stop poking their nose in other ICOs (Like ICO adviser) and start giving attention to their on project
full member
Activity: 212
Merit: 102
November 08, 2017, 10:23:31 AM
Is there a soft date on next vote if no?

they said on telegram it will be in short time probably within one month ,
full member
Activity: 212
Merit: 102
November 08, 2017, 10:21:23 AM
When will next vote be?
Really? I wrote on the post before yours: "They said on telegram a few days ago, if the vote says "no", the next vote will be in the near future, maybe in a month."
There is no fixed date, at the moment it looks like the Tokens will be unlocked in this voting round, I'm sure they will give us a timeframe if the Tokens staying locked.

in this case they will make us wait for a long time , i know them they are really lazy developers  and planning only for other ICOs , they should not do any more vote for releasing tokens in future. they should
give us a fixed release date if voting go for "no" this time.in my case , i really want token to be release ASAP , keeping them locked will not solve any thing
Lazy developers? How do you know this? They are always on Telegram to answer your questions and in my opinion they are working very hard to release a well working product, you can't say they are lazy.
Further they should not unlock the Tokens at a specific date automatically, it's pretty cool that the holders can vote for it, that's democracy. If the result of the vote doesn't match your position, bad luck.

dude looks like you are on their side but if vote is democracy then what happen to DRP token , they split in two tokens with out voting , where is that democracy?
member
Activity: 136
Merit: 10
The legendary Mr. Fluffington!
November 08, 2017, 10:20:43 AM
Is there a soft date on next vote if no?
sr. member
Activity: 602
Merit: 295
Hail Eris!
November 08, 2017, 10:04:48 AM

I think the time for releasing the Tokens is not good at the moment and will be much better after the fork when the whole Altcoin market will rise, because some people will dump no matter of the price just to get into Bitcoin.
I will also hold long term and see what happens.
They said on telegram a few days ago, if the vote says "no", the next vote will be in the near future, maybe in a month.

I don't mind waiting a month.  I am not a big fan of vague language such as 'near future' though.

I am also rather concerned about the amount of control the devs have given themselves in the corp by not only setting the fees to propose changes to corp laws really really high but establishing a large number of laws without any voting...   they really really REALLY need to waive those massive fees until we vote on a number of things (such as what the appropriate fees are).

If this doesn't happen this is all an illusion with respect to being semi autonomous and token holder controlled.
full member
Activity: 266
Merit: 101
November 08, 2017, 09:31:36 AM
promising project but I think it would better if there is some bounty

Why do they need a bounty program?
member
Activity: 136
Merit: 10
The legendary Mr. Fluffington!
November 08, 2017, 09:24:36 AM
Why is that?
newbie
Activity: 23
Merit: 0
November 08, 2017, 08:16:37 AM
promising project but I think it would better if there is some bounty
full member
Activity: 658
Merit: 129
November 08, 2017, 08:13:17 AM
When will next vote be?
Really? I wrote on the post before yours: "They said on telegram a few days ago, if the vote says "no", the next vote will be in the near future, maybe in a month."
There is no fixed date, at the moment it looks like the Tokens will be unlocked in this voting round, I'm sure they will give us a timeframe if the Tokens staying locked.

in this case they will make us wait for a long time , i know them they are really lazy developers  and planning only for other ICOs , they should not do any more vote for releasing tokens in future. they should
give us a fixed release date if voting go for "no" this time.in my case , i really want token to be release ASAP , keeping them locked will not solve any thing
Lazy developers? How do you know this? They are always on Telegram to answer your questions and in my opinion they are working very hard to release a well working product, you can't say they are lazy.
Further they should not unlock the Tokens at a specific date automatically, it's pretty cool that the holders can vote for it, that's democracy. If the result of the vote doesn't match your position, bad luck.
full member
Activity: 212
Merit: 102
November 08, 2017, 08:00:55 AM
one day more to go , voting will end tomorrow

so far vote update


 dcorpAddress|address :  0x01d5d0108589f3c52fcce6e65503bb6515e66698
  deadline|uint256 :  1510226558
  approvedWeight|uint256 :  588455.01
  disapprovedWeight|uint256 :  346442.07

hurry up guys ,
member
Activity: 136
Merit: 10
The legendary Mr. Fluffington!
November 08, 2017, 07:04:28 AM
No new vote date if no? How is that even possible?
full member
Activity: 212
Merit: 102
November 08, 2017, 04:51:45 AM
When will next vote be?
Really? I wrote on the post before yours: "They said on telegram a few days ago, if the vote says "no", the next vote will be in the near future, maybe in a month."
There is no fixed date, at the moment it looks like the Tokens will be unlocked in this voting round, I'm sure they will give us a timeframe if the Tokens staying locked.

in this case they will make us wait for a long time , i know them they are really lazy developers  and planning only for other ICOs , they should not do any more vote for releasing tokens in future. they should
give us a fixed release date if voting go for "no" this time.in my case , i really want token to be release ASAP , keeping them locked will not solve any thing
full member
Activity: 658
Merit: 129
November 08, 2017, 04:13:52 AM
When will next vote be?
Really? I wrote on the post before yours: "They said on telegram a few days ago, if the vote says "no", the next vote will be in the near future, maybe in a month."
There is no fixed date, at the moment it looks like the Tokens will be unlocked in this voting round, I'm sure they will give us a timeframe if the Tokens staying locked.
member
Activity: 136
Merit: 10
The legendary Mr. Fluffington!
November 08, 2017, 03:45:53 AM
When will next vote be?
full member
Activity: 658
Merit: 129
November 08, 2017, 02:46:52 AM
Not many people are voting anymore.

It really is in the hands of the top accounts right now.  Just one or two of them voting No would tip the scales and the vote would fail.

Don't assume the vote will win.  Get out there and vote no matter what.

I agree, the top holder has 283400 tokens and has not yet voted.
The last day will be interesting, I've already voted "no", in my opinion the release should be after the Segwit2X Fork.

They said on Telegram, DCORP is not affected by the parity bug because they don't use their wallet, just for your information.

Can you elaborate why you would wait until after the forks?

One could argue that after the forks are over a lot of funding will move back into altcoins so we would want to wait until that moment - but it could happen pretty fast.  If the token is released now there may be some dumping but we would be ready.  Maybe unlock right before the last fork???

Now of course if you want to dump immediately you would want to wait until the altcoin markets ripe for new token releases.
 
Personally it makes little difference to me.  I am holding and if they release a platform these coins will go up in value and if they don't they won't.

I think the time for releasing the Tokens is not good at the moment and will be much better after the fork when the whole Altcoin market will rise, because some people will dump no matter of the price just to get into Bitcoin.
I will also hold long term and see what happens.
They said on telegram a few days ago, if the vote says "no", the next vote will be in the near future, maybe in a month.
sr. member
Activity: 602
Merit: 295
Hail Eris!
November 08, 2017, 01:57:36 AM

This question is really mater now

"So what happens if the vote ends up no?  Will there be another vote or will a future unlock time be set?"

i was also exactly thinking same way  , but i think DCORP will not do one more voting for this,  as i was told on reddit by one user.
 and they will set the time for token release after this voting process (if vote goes "no").

if total supply is 800k and so far voted with only 90k , its mean turnout is only 12 to 15% which is very very low . i am thinking so many users are not voting due to complexity of voting process
they have fear may be they will lose tokens if they will make any mistake.



First of all the resources for learning how to vote are limited or are presented in weird ways.  In this thread there is a link to a video containing instructions.  On the website there it says voting started and then there is a link to their telegram - which requires a mobile phone to sign up for.  I didn't see notice of the vote on the subreddit for quite awhile and now it redirects to some weird page which wants you to download a pdf..

I get the feeling they are mostly relatively fresh software developers not suited to run a tech company..   I also get the feeling that it will be very very hard to change how they run things given the ridiculously high charge for proposing corporation changes.

 Hopefully they will learn and won't let arrogance lead to too closed of minds.  
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