Allow me to share my take and move on. DNotes is one of the most fair and respectful communities in our industry. It is not unreasonable for me the add that our core team has been practically selfless. No one has to do anything, yet what we have accomplished is immense. That is what drives me. I am very proud to be a part of this team. Without them we would be just one among 5,000 + coins with a wish to get rich soon. But then, you should be your own judge whether DNotes is right for you.
On the lighter note, I am happy to confirm that DNotes 2.0 lunch is a success, with no major issues reported. A big thank you to our core team working alongside with our partner Geneca. We did it and positioned to do a lot more in the years ahead.
From the outside, this is a “quite period” for us until April 16, 2018 when the soft deadline kicks in – when the old DNotes will not be minable in exchange for DNotes 2.0.
If you have not done so, we encourage you to make arrangement to swap your old DNotes for DNotes 2.0 and start earning CRISP reward for balance held in your account every thirty days. You can still swap your DNotes after the soft deadline beyond April 16, 2018. The verification process will be significantly more complex and will take a lot longer. On October 1, 2018, 75% of any unclaimed DNotes will be used as part of the guarantee funds held in DNotesVault. We will continue to process and verify requests for coin swap until further notice.
Rest assured that getting DNotes listed on other exchanges is now one of our highest priorities. I am personally working on it with the full support of our team. From my vantage point, the future is looking very bright for DNotes. This is our turn to shine. It pays to be patience over the long term.
Agreed, the launch has gone very well, and Geneca has been amazing to work with. We will be working on some final touches to get the DNotesVault back up and make it easier for future swaps.
Any new DNotes mined after April 16th, 2018 will not be eligible for swap to DNotes 2.0. All DNotes mined prior to April 16th will still be eligible for the swap, just not newly mined DNotes after the date.
Great comments from everyone. I think it's very important that people ask questions and share thoughts for us to consider -- we're the development side of a currency ecosystem that we all jointly own. If somebody has a question, then it is likely that many more people who just read this forum will have the same question, and here is a great place for us to answer them. The beautiful thing about this community is that we are all working towards mutual goals -- one of the key concepts covered in Alan's book. From the beginning DNotes have laid out a strategic path, and been very open about the route that we are taking. This has always been to do the 'right things, the right way, at the right time', and revolves around the concept of building a tower one block at a time.
For example, if you imagined each of the following as a sequential block used for construction: Research, then become experts, release a currency, operate that currency and begin building an ecosystem around it, ensure that we do our absolute best to meet every target we set ourselves to build a consistent and verifiable track record that proves that we are trustworthy (a crucial component of business success and investor trust -- & often achieved by keeping our projects private until we are near release to minimise the chances of delays), study our rivals intensely as though we are building a dossier on a rival NFL team to see what is working and what is not so that all of our commitments and development decisions are consistent with what we know works,
[we are doing everything from here concurrently] and then build on those findings, begin marketing drive & investor networking, begin to rapidly scale the size of our operation and business ecosystem, get listed on exchanges, continue our commitment to becoming at least as good as the best of the competition, and then surpass them by making the best use of our unique value proposition. All of this done with the view to build fundamental value into the DNotes currency over time through business equity support to protect investor interests, which will also allow us to capture as many users as possible with our drive to make that currency useful by building what is necessary to make DNotes useable in the real world.
It all makes for a carefully crafted plan, that responds to the most urgent industry needs and logical steps for progression, wrapped in the knowledge that execution is paramount. A good idea is worth very little by itself, barely even a cup of coffee shouted while it's shared. What matters, is the flawless execution of that idea. Sometimes flawless execution means waiting longer to let the industry mature so you have knowledge of what is working, or waiting until all your resources are available and in place to make successful execution a reality. I don't want to restart a conversation about the exchange issue, but my view would be that by the aforementioned brick example, that we are currently building trust and reputation in the cryptosphere and also the traditional investor community who will separate with hard earned money for DNotes Global to operate with, and provide an attractive return on investment. The last four years we have built a reputation and community that we are proud of. We're just like an NFL team -- we have studied the strategies that work and those that do not, researched the other team, studied the rules of the game, engaged with the governing bodies who enable / facilitate the game, looked for the best players who want to play with the vision that we think the game is best played so that we can consistently win matches against any opposition, and started working with promoters to build our teams fan base. What we are still looking for, are larger stadiums to play the game in, so that we can host more fans! As our fan base grows, so too will the stream of requests to large stadium owners to host them!
Fans are incredibly important in sport, and they are too in our community! Fans support us, even if they can't make the game. Sometimes, however, fans may want to become cheerleaders, and be more vocal about their support and bring more attention to each game played beyond just what happens on the field. The cheerleaders do what they can to excite the fans and support the team, while the players on the field do what they've set out to do. I think that should summarise how we view our work breakdown. Incredibly to date, the DNotes development team have all worked on a volunteer basis, contributing up to just over four years of full time effort (plus weekends), and/or invested their own money to meet all of the necessary expenses getting the project to where it is. Just imagine what will be possible with outside money? And where our investors are rewarded with real equity in DNotes' future!