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Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay - page 22. (Read 148864 times)

full member
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EU Banks Urged to Adopt Real-Time Payment System to Meet Fintech Challenge

https://dcebrief.com/eu-banks-urged-to-adopt-real-time-payment-system-to-meet-fintech-challenge/
full member
Activity: 1078
Merit: 102
full member
Activity: 1078
Merit: 102
Bloomberg: JPMorgan Likely to Begin Pilot Tests of JPM Coin by Year’s End

https://dcebrief.com/bloomberg-jpmorgan-likely-to-begin-pilot-tests-of-jpm-coin-by-years-end/
legendary
Activity: 1932
Merit: 1111
DNotes
Does CMC not only list exchanges if the coin has a certain revenue on it?! But sure, possibly the team needs to register STEX on CMC.

I believe you are correct, there is a volume cut off. The Mercatox volume is excluded, so we likely need to make sure STEX volume is listed there.

Good news, Mercatox volume is back on CMC Cool

Excellent, they didn't respond to my message yet, but glad to see.
member
Activity: 327
Merit: 16
Does CMC not only list exchanges if the coin has a certain revenue on it?! But sure, possibly the team needs to register STEX on CMC.

I believe you are correct, there is a volume cut off. The Mercatox volume is excluded, so we likely need to make sure STEX volume is listed there.

Good news, Mercatox volume is back on CMC Cool
full member
Activity: 1078
Merit: 102
full member
Activity: 1078
Merit: 102
full member
Activity: 1078
Merit: 102
legendary
Activity: 1932
Merit: 1111
DNotes
Thank you very much. I appreciate the time you have taken to answer me.

I guess people still not understand, what DNotes vision exactly is. Also looking at the graph below makes it hard to anticipate that DNotes (NOTE), the currency, is not the currency of a centralized entity. Furthermore, somebody could argue that DNotes Global inc vision is viable without NOTEs, too - because DNotes Global Inc could just switch to Facebook's Libra. As long as Libra works as a stable coin, it has an inherent value for masses. The problem I see is, that many entrepreneurs will use their FB appearance to sell their products and/or services. But the very important question is, why should be an entrepreneur dedicated to DNotes (Global inc)?

My concern regarding social media marketing was not only about prize but support. I absolutely understand that investors would like to see revenues before funding. But this is not about revenues in money but in supporters (subscriber, entrepreneurs, volunteers, content developers etc.). Of course you get funded if you have 200 people behind the vision and these people are going to work on the project passionately. But if nobody follows DNotes ideas, investors will not be convinced.

It is not easy to build a new ecosystem out of nothing. Likely, the current economy just overtake most of the cryptocurrency ideas. We shall see how it goes.



You have to find the right investor that can share your vision. DNotes an integral part of the vision, all built upon a trusted brand. After 5 years of history, messaging, sharing our vision, all of the PR, to build up that trusted brand, we wouldn't just throw it all away and use facebookcoin exclusively. I can see working with other cryptos and brands to open doors and pathways for DNotes. It might be hard to see now, but when DNotes becomes an 'overnight success', everyone will look back and talk about how obvious it was, ignoring all the blood sweat and tears it took to get there.
jr. member
Activity: 121
Merit: 4
Thank you very much. I appreciate the time you have taken to answer me.

I guess people still not understand, what DNotes vision exactly is. Also looking at the graph below makes it hard to anticipate that DNotes (NOTE), the currency, is not the currency of a centralized entity. Furthermore, somebody could argue that DNotes Global inc vision is viable without NOTEs, too - because DNotes Global Inc could just switch to Facebook's Libra. As long as Libra works as a stable coin, it has an inherent value for masses. The problem I see is, that many entrepreneurs will use their FB appearance to sell their products and/or services. But the very important question is, why should be an entrepreneur dedicated to DNotes (Global inc)?

My concern regarding social media marketing was not only about prize but support. I absolutely understand that investors would like to see revenues before funding. But this is not about revenues in money but in supporters (subscriber, entrepreneurs, volunteers, content developers etc.). Of course you get funded if you have 200 people behind the vision and these people are going to work on the project passionately. But if nobody follows DNotes ideas, investors will not be convinced.

It is not easy to build a new ecosystem out of nothing. Likely, the current economy just overtake most of the cryptocurrency ideas. We shall see how it goes.

legendary
Activity: 1610
Merit: 1060
I guess all of you recognized the discussions about Facebook's Libra. Andreas M. Antonopoulos answers clearly how Libra relates to Bitcoin (https://www.youtube.com/watch?v=OjTQAkem-VU)

He states, “[…] fundamentally, the thing to understand here is what Facebook or any other company like Facebook is proposing is not a cryptocurrency. It doesn't have any of the fundamental characteristics of cryptocurrencies. It doesn't stand on the five pillars of open blockchains. [...] A open public cryptocurrency is open, public, neutral, borderless, and censorship resistant. And all these characteristics stem from decentralization of control. Anything created by a centralized organization that can be identified and exists in a specific jurisdiction that is subject to specific laws can’t achieve any of these five pillars. And the reason they can not achieve is because the law prevents them from doing so. […]”.

I thought about DNotes Global, Inc. approach: "DNotes is a blockchain-powered digital currency and payment system [...] While others in the cryptocurrency space have focused on niche markets and highly-targeted use cases, DNotes has been singularly focused on one overriding goal: to become a truly global supplemental digital currency that can offer increased financial inclusion and empowerment to everyone around the world. [...]"

I see a lot of potential in DNotes, as your whitepaper is full of magnificent ideas (https://dnotesglobal.com/white-paper/). There would be even more potential, if DNotes would be active in social media marketing, spreading the word about achievements and next goals. Lately it seems, it is all about creating content for https://nextgenhero.io/, what would be really great, if DNotes would offer their experience with 'fully compliant Reg D 506 (c) crowdfunding' as a service. Monthly reports about progress would be also great.

My questions:

If DNotes would be confronted with the statement, that it is not a true cryptocurrency and so will never has a chance to reach mass adaption, what would be your answer?
Is DNotes going to focus on the niche of women entrepreneurship in the next years? What transparency could DNotes holders expect here from DNotes Global, Inc.?


Hi AlCamus, thank you for the well thought out and respectful questions.


"If DNotes would be confronted with the statement, that it is not a true cryptocurrency and so will never has a chance to reach mass adaption, what would be your answer?"

DNotes the currency is, in Andreas words, "open, public, neutral, borderless, and censorship resistant". Once we begin to reach mass adoption, and grow beyond the 'setup' phase, the fate of the currency will be largely outside of our control and has been setup that way, similarly to bitcoin. The rules that the blockchain follows are embedded in the blockchain and only the only way to change is with network consent.

Our vision is to have a decentralized currency, where the important decentralized aspects of the currency remain in tact. Those include things like the reliable and consistent creation of newly created coins, decentralized distribution of those coins, the decentralized security and verification on the decentralized network. With the inclusion of an external company that has significant self interest in the currency to handles the centralized aspects - things like driving innovation, infrastructure, adoption, stability, models for use, as well as maintenance and market support.

Imagine one day in the distant future where DNotes has a large following, DNotes Global proposes a change to the rules of the blockchain and a large number of DNotes users disagrees with the rule change. A number of things could happen, but most likely a fork would happen. Some users will upgrade and others will not resulting in two chains. A DNotes Global supported chain and one not supported by DNotes Global. That is what makes the currency itself open, public, borderless, and censorship resistant.

It's also not likely, with a vested interest in the currency, and the entire ecosystem built around DNotes, that the company would move forward with such a change that the majority disagrees with, but again it is possible. It has been built in such a way that its interests align with the DNotes users and a move such as this would likely be detrimental to DNotes Global. The company itself is under the jurisdiction of the United States, that has significant advantages in the companies rights and ability to fight back against censorship through the legal system, but ultimately the DNotes users themselves could split off.

In contrast to what Facebook is creating, which this article would be worth a read here https://techcrunch.com/2019/06/18/facebook-libra/ to evaluate for yourself, the only factor that gives DNotes Global any leverage is its own stake in the currency, just like any other user. Libra seems to have an exclusionary system with many controlling factors including being a stablecoin. All you need to participate and be included, as far as DNotes goes, is to own the coin and potentially stake the coin.


"Is DNotes going to focus on the niche of women entrepreneurship in the next years? What transparency could DNotes holders expect here from DNotes Global, Inc.?"

NextGenHERo is one avenue we will focus on and currently our primary focus. Just to clarify though, this site is focused on entrepreneurship, technology, fiance, and fintech. It is for everyone but with a specialization in encouraging and assisting women. Right now the content is heavily geared toward women, but as we grow that will be balanced with more and more articles focused on the general topics.

I assume you would like to know how long it will take before we can spend more time on DNotes core vision, promotion and associated technologies. The answer hinges on how quickly we can create a revenue model with HERo and it's success, as well as the resulting funding we intend to push with a proven revenue model in place.

In regards to your transparency question, we have always been transparent in our broader plans, what we have to do on a day to day basis to achieve those goals is not something we broadcast nor is it for most part measurable or all that interesting. You will certainly hear of our successes along the way and every person who have been promoted on HERo is a supporter of our vision and the majority of which want to do whatever they can to help us in our mission. The amount of work that is going into this is incredible.


I would like to add a comment regarding what you said about our social media. While I understand where you are coming from, from our experience and perspective, the crypto community is interested in price of DNotes and things that would result in temporary price boosts. Our broader vision has fallen for the most part on deaf ears within the blockchain space with a very small portion of true supporters who understand what we are trying to accomplish and support it. Outside of our industry, outside of these forums and social media, is where we gain the most traction and support. We can win this industry over, but only when we have the resources to show them what is possible. Otherwise it's an up hill battle to get anyone in this industry to be excited about anything other than price and dive deep enough into our plans to understand that it is a decentralized currency and has a viable vision for taking decentralized currency to the masses.

We greatly appreciate everyone who understands our vision and supports us and all the positive feedback we have received. However, we need to focus our attention outside of this industry to really gain the traction we need to propel us forward.



AlCamus, that is a great post. I appreciate that Joe has given you a comprehensive response, I decided to supplement it with a one-time response. ( I simply do not have much available time these days).

I agree with Andreas Antonopoulos that Facebook’s Libra is not a decentralized cryptocurrency. His argument using the “five pillars” – open, public, neutral, borderless, and censorship resistance is very sound.

I would add that a decentralized digital currency like DNotes or Bitcoin cannot be controlled by any individual, a group of individuals, any company, or a group of companies. Ownership is at will – subject to change at an instance without notice or approval.

For that matter, one of our largest stakeholders could have sold 100% of his DNotes a minute ago in a private transaction and I would have no idea, other than noticed that a large transaction has taken place. It could, have been a sale, a gift, or simply a transfer to a different account controlled by the same individual.

That is one of the greatest attributes of a digital currency. I believe that for DNotes to be truly successful one day, the vast majority of its transactions will be payments directly between two parties, without any middleman or central authority.

That is the beauty of a decentralized digital currency and why I believe that an inclusive trusted digital currency like DNotes will be truly world changing. But one cannot change the world overnight. DNotes is a Big and Bold global project. We have never deviated from our original path.

Now to answer your questions more specifically:
“If DNotes would be confronted with the statement, that it is not a true cryptocurrency and so will never has a chance to reach mass adaption, what would be your answer?”

If a “true cryptocurrency” is based on the above definition of a decentralized cryptocurrency than DNotes is a “true cryptocurrency”. DNotes meets the five pillars: open, public, neutral, borderless, and censorship resistance. We envision that to be world changing and become truly valuable one day, DNotes must be inclusive and trustworthy with intrinsic value. That is how DNotes will achieve mass adoption.

Is DNotes going to focus on the niche of women entrepreneurship in the next years? What transparency could DNotes holders expect here from DNotes Global, Inc.?

HERo will focus on women entrepreneurship, finance, and technologies. HERo is extremely well received globally, to the extent that I am getting 5% to 10% responses each time I do a mass campaign. I have never seen this level of positive responses in my career. This is a significant opportunity for DNotes to reach out beyond the crypto world. There is no other way to gain mass adoption.

DNotes Global, Inc. is 100% privately funded with no outside investors at this time. Until we are funded with public money, the level of transparency will be very similar to other privately held companies.

However, we are still very committed to roadmap as outline in our white paper. It is more like than not that DNotes Global, Inc. will become a publicly held company one day.
legendary
Activity: 1932
Merit: 1111
DNotes
I guess all of you recognized the discussions about Facebook's Libra. Andreas M. Antonopoulos answers clearly how Libra relates to Bitcoin (https://www.youtube.com/watch?v=OjTQAkem-VU)

He states, “[…] fundamentally, the thing to understand here is what Facebook or any other company like Facebook is proposing is not a cryptocurrency. It doesn't have any of the fundamental characteristics of cryptocurrencies. It doesn't stand on the five pillars of open blockchains. [...] A open public cryptocurrency is open, public, neutral, borderless, and censorship resistant. And all these characteristics stem from decentralization of control. Anything created by a centralized organization that can be identified and exists in a specific jurisdiction that is subject to specific laws can’t achieve any of these five pillars. And the reason they can not achieve is because the law prevents them from doing so. […]”.

I thought about DNotes Global, Inc. approach: "DNotes is a blockchain-powered digital currency and payment system [...] While others in the cryptocurrency space have focused on niche markets and highly-targeted use cases, DNotes has been singularly focused on one overriding goal: to become a truly global supplemental digital currency that can offer increased financial inclusion and empowerment to everyone around the world. [...]"

I see a lot of potential in DNotes, as your whitepaper is full of magnificent ideas (https://dnotesglobal.com/white-paper/). There would be even more potential, if DNotes would be active in social media marketing, spreading the word about achievements and next goals. Lately it seems, it is all about creating content for https://nextgenhero.io/, what would be really great, if DNotes would offer their experience with 'fully compliant Reg D 506 (c) crowdfunding' as a service. Monthly reports about progress would be also great.

My questions:

If DNotes would be confronted with the statement, that it is not a true cryptocurrency and so will never has a chance to reach mass adaption, what would be your answer?
Is DNotes going to focus on the niche of women entrepreneurship in the next years? What transparency could DNotes holders expect here from DNotes Global, Inc.?


Hi AlCamus, thank you for the well thought out and respectful questions.


"If DNotes would be confronted with the statement, that it is not a true cryptocurrency and so will never has a chance to reach mass adaption, what would be your answer?"

DNotes the currency is, in Andreas words, "open, public, neutral, borderless, and censorship resistant". Once we begin to reach mass adoption, and grow beyond the 'setup' phase, the fate of the currency will be largely outside of our control and has been setup that way, similarly to bitcoin. The rules that the blockchain follows are embedded in the blockchain and only the only way to change is with network consent.

Our vision is to have a decentralized currency, where the important decentralized aspects of the currency remain in tact. Those include things like the reliable and consistent creation of newly created coins, decentralized distribution of those coins, the decentralized security and verification on the decentralized network. With the inclusion of an external company that has significant self interest in the currency to handles the centralized aspects - things like driving innovation, infrastructure, adoption, stability, models for use, as well as maintenance and market support.

Imagine one day in the distant future where DNotes has a large following, DNotes Global proposes a change to the rules of the blockchain and a large number of DNotes users disagrees with the rule change. A number of things could happen, but most likely a fork would happen. Some users will upgrade and others will not resulting in two chains. A DNotes Global supported chain and one not supported by DNotes Global. That is what makes the currency itself open, public, borderless, and censorship resistant.

It's also not likely, with a vested interest in the currency, and the entire ecosystem built around DNotes, that the company would move forward with such a change that the majority disagrees with, but again it is possible. It has been built in such a way that its interests align with the DNotes users and a move such as this would likely be detrimental to DNotes Global. The company itself is under the jurisdiction of the United States, that has significant advantages in the companies rights and ability to fight back against censorship through the legal system, but ultimately the DNotes users themselves could split off.

In contrast to what Facebook is creating, which this article would be worth a read here https://techcrunch.com/2019/06/18/facebook-libra/ to evaluate for yourself, the only factor that gives DNotes Global any leverage is its own stake in the currency, just like any other user. Libra seems to have an exclusionary system with many controlling factors including being a stablecoin. All you need to participate and be included, as far as DNotes goes, is to own the coin and potentially stake the coin.


"Is DNotes going to focus on the niche of women entrepreneurship in the next years? What transparency could DNotes holders expect here from DNotes Global, Inc.?"

NextGenHERo is one avenue we will focus on and currently our primary focus. Just to clarify though, this site is focused on entrepreneurship, technology, fiance, and fintech. It is for everyone but with a specialization in encouraging and assisting women. Right now the content is heavily geared toward women, but as we grow that will be balanced with more and more articles focused on the general topics.

I assume you would like to know how long it will take before we can spend more time on DNotes core vision, promotion and associated technologies. The answer hinges on how quickly we can create a revenue model with HERo and it's success, as well as the resulting funding we intend to push with a proven revenue model in place.

In regards to your transparency question, we have always been transparent in our broader plans, what we have to do on a day to day basis to achieve those goals is not something we broadcast nor is it for most part measurable or all that interesting. You will certainly hear of our successes along the way and every person who have been promoted on HERo is a supporter of our vision and the majority of which want to do whatever they can to help us in our mission. The amount of work that is going into this is incredible.


I would like to add a comment regarding what you said about our social media. While I understand where you are coming from, from our experience and perspective, the crypto community is interested in price of DNotes and things that would result in temporary price boosts. Our broader vision has fallen for the most part on deaf ears within the blockchain space with a very small portion of true supporters who understand what we are trying to accomplish and support it. Outside of our industry, outside of these forums and social media, is where we gain the most traction and support. We can win this industry over, but only when we have the resources to show them what is possible. Otherwise it's an up hill battle to get anyone in this industry to be excited about anything other than price and dive deep enough into our plans to understand that it is a decentralized currency and has a viable vision for taking decentralized currency to the masses.

We greatly appreciate everyone who understands our vision and supports us and all the positive feedback we have received. However, we need to focus our attention outside of this industry to really gain the traction we need to propel us forward.

jr. member
Activity: 121
Merit: 4
I guess all of you recognized the discussions about Facebook's Libra. Andreas M. Antonopoulos answers clearly how Libra relates to Bitcoin (https://www.youtube.com/watch?v=OjTQAkem-VU)

He states, “[…] fundamentally, the thing to understand here is what Facebook or any other company like Facebook is proposing is not a cryptocurrency. It doesn't have any of the fundamental characteristics of cryptocurrencies. It doesn't stand on the five pillars of open blockchains. [...] A open public cryptocurrency is open, public, neutral, borderless, and censorship resistant. And all these characteristics stem from decentralization of control. Anything created by a centralized organization that can be identified and exists in a specific jurisdiction that is subject to specific laws can’t achieve any of these five pillars. And the reason they can not achieve is because the law prevents them from doing so. […]”.

I thought about DNotes Global, Inc. approach: "DNotes is a blockchain-powered digital currency and payment system [...] While others in the cryptocurrency space have focused on niche markets and highly-targeted use cases, DNotes has been singularly focused on one overriding goal: to become a truly global supplemental digital currency that can offer increased financial inclusion and empowerment to everyone around the world. [...]"

I see a lot of potential in DNotes, as your whitepaper is full of magnificent ideas (https://dnotesglobal.com/white-paper/). There would be even more potential, if DNotes would be active in social media marketing, spreading the word about achievements and next goals. Lately it seems, it is all about creating content for https://nextgenhero.io/, what would be really great, if DNotes would offer their experience with 'fully compliant Reg D 506 (c) crowdfunding' as a service. Monthly reports about progress would be also great.

My questions:

If DNotes would be confronted with the statement, that it is not a true cryptocurrency and so will never has a chance to reach mass adaption, what would be your answer?
Is DNotes going to focus on the niche of women entrepreneurship in the next years? What transparency could DNotes holders expect here from DNotes Global, Inc.?
full member
Activity: 1078
Merit: 102
full member
Activity: 1078
Merit: 102
Malaysia to Pilot New Visa Program to Attract Foreign Blockchain Talent

https://dcebrief.com/malaysia-to-pilot-new-visa-program-to-attract-foreign-blockchain-talent/
full member
Activity: 1078
Merit: 102
Tass: Russian State Duma May Adopt Cryptocurrency Bill in Next Two Weeks

https://dcebrief.com/tass-russian-state-duma-may-adopt-cryptocurrency-bill-in-next-two-weeks/
sr. member
Activity: 826
Merit: 250
What is worrying is that Coinmarketcap is no longer taking into account Mercatox trading volume, so there is showing like DNotes would have no trading volume and it currently fell on 1195 rank Undecided Hope the Coinmarketcap will include Mercatox back again. Otherwise it could be a problem and the coin rank will be really low Lips sealed

Understood, so you would rather send the traffic to STEX as it's reported on CMC correctly. I'll discuss with the team.

Well that would be one option. But there is one challenge still...STEX is not even listed as active exchange for DNotes on Coinmarketcap Shocked

So I do not know what would be the best course of action. Maybe if any one of the core team had been in contact with Coinmarketcap in the past, one could ask them why they excluded Mercatox in the first place?


And one more question: Joe was speaking about the support for market, citing: "we are not currently in a position to be able to handle a significant level of support for the market". What is meant by that? I am asking because I genuinely do not know and was not even aware that thing like that could be a problem  Shocked That puts things in a little different perspective.

Could be just some issue at CMC then.

For your second question, market support is buying DNotes on the open market to protect its value.


Huh, I was not aware that protecting value like that is necessary. I thought that market and demand/supply would determine the price of the coin at some point anyway. In that aspect the post from mig6r makes much sense indeed.

Well, no doubt that another exchange gives you a little bit more exposure, but it doesn't just boost your volume like crazy for no other reason than getting listed.
legendary
Activity: 1932
Merit: 1111
DNotes
Does CMC not only list exchanges if the coin has a certain revenue on it?! But sure, possibly the team needs to register STEX on CMC.

I believe you are correct, there is a volume cut off. The Mercatox volume is excluded, so we likely need to make sure STEX volume is listed there.
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