I found a little trouble for myself trying to explain other people what DNote is. Actually it was hard part for me to understand your company targets and main goals, because it's kinda spread at many paths. Can you please clarify your key pros/targets in theses, so everyone can easily understand what is DNote, how and when it can be used?
I really think we need clear whitepaper or common cases shown down on website, making it easier for people to get involved in DNote.
I understand, especially if you are new to DNotes. We are uniquely different and have been positioning DNotes to solve multiple industry challenges we believe are essential in gaining mass acceptance of DNotes in global commerce one day. This can only be accomplished if we can overcome many of the pitfalls restraining Bitcoin from mass acceptance but succeeding as a speculative trading instrument.
DNotes’ business model is by far the most complex and comprehensive, involving many distinct parts. I have long given up on the “10 second elevator pitch." If someone wouldn’t give me 4 minutes to explain why we did what we have been doing over the last four years, I normally changed the subject quick.
For those who are seriously interested in DNotes, I strongly recommend that you take a little time to follow us and read up some of the thousands of blog posts and published information our community has worked hard to share. I have also written a book with over 70 videos broken down by section with full transcripts and bullet points. The book is one of our strategic building blocks and serves as the blueprint for DNotes, DNotes Global, and NextGen VC’s future clients and companies we invest in. Everything that we do has a core mission goal of gaining mass acceptance of DNotes.
Yes, we have a white paper and currently working on a pitch-deck. They will be made available as a part of our funding program. Meanwhile, I can share a short brief as follows:
Whitepaper:
Introduction /
Summary DNotes 2.0The advent of Bitcoin and its underpinning blockchain database technology in 2009, has delivered a decentralized and ultra-reliable data storage mechanism with a spectrum of applications that may render redundant the traditional methods of information in functions critical to value exchange for consumers and businesses. However, as many groups and organizations create faster, more private, more efficient, and more portable iterations of digital money, cryptocurrencies have not followed suit in becoming a reliable store of value.
There are two main reasons for this. First, despite rising interest and investment in the space, cryptocurrencies remain small in scale compared to incumbent fiat money types, and are not commonly accepted for trade. Second, the intrinsic value proposition of individual cryptocurrencies themselves are questionable—there is no price-floor to disincentivize prices rapidly dropping in the trading environment. Together, these factors have seen cryptocurrencies used primarily as speculative trading instruments rather than investments in the future of money.
The primary objective of DNotes is to position itself as the first, and preferred, peer-to-peer digital cash for mass public acceptance, in an analogous way to how Microsoft has become the public default among operating systems. The focus will be building an integrated, mutually beneficial, profit-generating business ecosystem to aid DNotes’ adoption and utility, and supporting DNotes with a share of the profits and equity from those business activities. The ecosystem will be managed by DNotes Global Inc, and will further boost the currency’s intrinsic value proposition by forming an economic valuation price floor, and protecting against trading risk.
DNotes Global’s ecosystem already holds the world’s first cryptocurrency vault with a deposit guarantee, a FinTech news media organization[], and the royalties from a business success book and subscription-based video product that will assist future business clients and partners[]. The next business phase will include rapid scaling of the existing business properties, and see the addition of a world-wide payment network, cryptocurrency exchange, charter bank, letter of credit facilities, multi-currency payment cards, and an array of business consulting and financial services that will be funded through multiple rounds of venture financing.
DNotes also functions as a platform for Turnkey Blockchain solutions that satisfy the needs of businesses who want to rapidly deploy powerful applications on the blockchain. This further expands the use-case and intrinsic value of DNotes as both a currency and a platform, widens the business partnership opportunities for DNotes Global, and opens more doors for investment that may act to stabilize the DNotes token through equity backing.
In summary, DNotes is a complex ecosystem that creates a positive feedback loop to support rapid scaling and growth. This whitepaper will break up these three main functions to best explore DNotes in its dimensions as a global payment system, a turnkey blockchain development platform, and as a business ecosystem.