"30million DCL tokens, distributed in 1,000 IP licenses per token. Provides 30 billion transactions, one year’s estimated usage of the DisLedger architecture."
1. How is the issuance/supply rate after the launch each year? I assume you won't let the network dried up of tokens after a year of usage. Is it capped or in fact an unlimited supply?
2. What do you come up with a 30 billion transactions estimate, existing customers? projected by potential customers?
3. Will there be a list of your current and potential customers provided before the launch?
4. Do you think investor should buy the coin and hold as an investment or only actual DisLedger user should buy?
5. How does DisLedger compare/compete with R3's CORDA and IBM's Hyperledger in corporates' adoption?
1. The tokens are not 'burned' when they are submitted back to DisLedger for transactions that are conducted... they are available to be reissued to the market. So the price will not go out of control because of a shortage at the end of the year and become uneconomical for customers.
2. 30 billion transactions is the approximate annual usage demand if all the DisLedger systems combined create a total of 1,000 transactions per second. (1,000transactionsX60secondsX60minutesX24hoursX365days = 31.536 billion transactions annually rounded down to 30 billion) As you can see from the sales channel list in the whitepaper our existing contacts certainly have the ability to achieve a 1,000tps threshold. We also anticipate a lot of new DisLedger users to join the ecosystem due to the token launch and associated global publicity.
3. We are looking for approval for press releases from the existing sales channel listed in the whitepaper so that we can discuss them publicly. They are globally recognized companies that have massive market penetration and recognize the benefits of using DisLedger, but they tend not to disclose competition-sensitive plans.
4. The DisLedger IP token is intended to be used operationally by organizations that want to use our Intellectual Property. This is not a solicitation for investment and we do not give investment advice.
5. Both are good systems that offer benefits to their customers. In R3's case they sought investors for almost a year which is something DisLedger is not doing. We're offering an affordable transaction price via the DCL token instead of seeking investors. Hyperledger is of course free to join, DisLedger even participated for a while last year. Neither of those systems can scale to hundreds of thousands of transactions per second; and neither are totally private like DisLedger. We offer something completely unique in our architecture.