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Topic: SLOCK.IT (THE DAO) Crowdsale open! DISCUSSION THREAD (Read 2014 times)

hero member
Activity: 532
Merit: 500
When is launch? Huh

Depends, but the tokens will be traded when the crowdfund is finished.
So on May 28th? Or day after?
hero member
Activity: 1080
Merit: 500
When is launch? Huh

Depends, but the tokens will be traded when the crowdfund is finished.
yeah , i hope not delay hehe
hero member
Activity: 1008
Merit: 500
When is launch? Huh

Depends, but the tokens will be traded when the crowdfund is finished.
hero member
Activity: 532
Merit: 500
When is launch? Huh
hero member
Activity: 1008
Merit: 500
it will be tradeable on whatever exchange decides to add them..................

It's probably a bit of a different setup but yes this is the case.
sr. member
Activity: 336
Merit: 252
it will be tradeable on whatever exchange decides to add them..................
hero member
Activity: 532
Merit: 500
The DAO’s tokens:

Allow the holder to vote on any expenditure The DAO could make
Are fully transferable. They can be traded peer-to-peer or on an exchange
Represent a relative portion of The DAO's crypto assets at any given time


The section in red is what you need to retain

More info can be found here:

https://daohub.org/creation.html
So these DAO tokens will still be able to be traded on exchanges?

I Believe in GateCoin and OpenLeadger.
But I'm also talking about at launch.  Will it be traded on exchanges like Polo or Bittrex or Kraken?
legendary
Activity: 980
Merit: 1000
Premium
The DAO’s tokens:

Allow the holder to vote on any expenditure The DAO could make
Are fully transferable. They can be traded peer-to-peer or on an exchange
Represent a relative portion of The DAO's crypto assets at any given time


The section in red is what you need to retain

More info can be found here:

https://daohub.org/creation.html
So these DAO tokens will still be able to be traded on exchanges?

I Believe in GateCoin and OpenLeadger.
hero member
Activity: 532
Merit: 500
The DAO’s tokens:

Allow the holder to vote on any expenditure The DAO could make
Are fully transferable. They can be traded peer-to-peer or on an exchange
Represent a relative portion of The DAO's crypto assets at any given time


The section in red is what you need to retain

More info can be found here:

https://daohub.org/creation.html
So these DAO tokens will still be able to be traded on exchanges?
legendary
Activity: 1138
Merit: 1001
This is a similar concept to BitShares. BTS holders can vote and fund whatever projects they believe will increase the value of BTS the most. https://cryptofresh.com/workers

Unfortunately many holders are lazy and don't want to participate so you have poor decision making and voter apathy (partly addressed by allowing people to proxy their vote) and there's very little checks and balances for those that receive the funds.

Basically it's very challenging for a decentralized community to manage in a profitable way and if it was easy, BTS would be more successful as they've had a similar 'vote + fund' option for profitable projects for over a year.
full member
Activity: 227
Merit: 260
who in their right mind is comparing DAO's with some fancy shmancy wallet BS
hero member
Activity: 1008
Merit: 500
The Slock/Dao starts today and the Mycelium starts tomorrow. I wonder if they will take away from each other?

I really dont see the value in it either ,but the Mycelium product is well known enough to cause it to pump.

Well it could serious traction and that is the reason why they are getting funding. Like use as a corporate BTC wallet or something similar.
member
Activity: 90
Merit: 10
The Slock/Dao starts today and the Mycelium starts tomorrow. I wonder if they will take away from each other?

I really dont see the value in it either ,but the Mycelium product is well known enough to cause it to pump.
sr. member
Activity: 336
Merit: 252
The DAO’s tokens:

Allow the holder to vote on any expenditure The DAO could make
Are fully transferable. They can be traded peer-to-peer or on an exchange
Represent a relative portion of The DAO's crypto assets at any given time


The section in red is what you need to retain

More info can be found here:

https://daohub.org/creation.html
hero member
Activity: 994
Merit: 513
I don't get it, you buy DAO tokens just so you have the ability to discuss proposals? Sounds worthless in that regard...why not just create a different forum and do the same thing there? I'm genuinely curious, not bashing this. Just don't have time to read the paper at the moment Smiley

The best way I can explain is that tokens work like a vote, much like a vote on the board of a business organization.

The way i understood it, it is basically like buying shares of a virtual company. The ETH used to buy the DAO tokens is used to fund projects, which are supposed to generate more ETH for the DAO, thus increasing the value of DAO tokens. Did I miss something?
hero member
Activity: 994
Merit: 513
hero member
Activity: 1008
Merit: 500
I don't get it, you buy DAO tokens just so you have the ability to discuss proposals? Sounds worthless in that regard...why not just create a different forum and do the same thing there? I'm genuinely curious, not bashing this. Just don't have time to read the paper at the moment Smiley

The best way I can explain is that tokens work like a vote, much like a vote on the board of a business organization.
hero member
Activity: 532
Merit: 500
Offer escrow, receive negative trust
I don't get it, you buy DAO tokens just so you have the ability to discuss proposals? Sounds worthless in that regard...why not just create a different forum and do the same thing there? I'm genuinely curious, not bashing this. Just don't have time to read the paper at the moment Smiley
hero member
Activity: 1008
Merit: 500
The Slock/Dao starts today and the Mycelium starts tomorrow. I wonder if they will take away from each other?

Alot of ICO's are starting May 1st, Agoras price increase on May 1st too, Mycellium I still cannot see the value propositon.
member
Activity: 90
Merit: 10
The Slock/Dao starts today and the Mycelium starts tomorrow. I wonder if they will take away from each other?
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