Bitcoin Forum

https://i.imgur.com/1ZILylJ.gif


We did it succesfully with the digixDAO token, now we continue with the mastodont the DAO with more more than 4 million ETH already spent in buying DAO.

OpenLedger is creating DAO tokens on the slock.it site daohub.org allowing this amount to be made available for immediate purchase and consequently trading on OpenLedger markets in the form of the IOU asset OPEN.DAO.

Once the DAO tokens are released at the launch time set by www.daohub.org and approximately May 28th 2016, the same IOU asset (OPEN.DAO) currently trading during pre-launch will become freely transferrable and withdrawable. You will also be able yourself to make DAO deposits to OpenLedger at that time.

Start Date: The DAO's Creation phase began on April 30th at 10:00 UTC.

Duration: 28 days.

Conversion Schedule:

For the first 15 days: 100 DAO tokens (Ð) for 1 ETH (Ξ)
For the 10 subsequent days: linear increase
For the last 4 days: constant 100 DAO tokens (Ð) for 1.5 ETH (Ξ)




MAKE SURE TO READ TERMS AND CONDITIONS BEFORE BUYING: https://daohub.org/explainer.html



We are creating the tokens available for prelaunch based on demand, and it is possible to follow the total updated amount created and available on OpenLedger for final withdrawal at launch time by entering the following adress: 0x2739fef4c91B1572Fee9eF4cE37cb00d118b4CFB and by entering this address on the DAO official website https://daohub.org/creation.html

https://i.imgur.com/G5HRrkk.png



http://cryptofresh.com/a/OPEN.DAO


opendao   http://cryptofresh.com/u/opendao


https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_OPEN.ETH


If not already a user, make good use of the getting started video listed below, then once signed up use above link to get to the market where you can buy the OpenLedger IOU OPEN.DAO backed 1:1 with the token on daohub.org released at the end of ICO.


The available trading pairs for the DAO tokens created on daohub.org (DAO) are many, as you are able to create the markets yourself, the below markets are however suggestions to where you could be trading the DAO instantly after the purchase by simply creating a sell order

BTC: https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_OPEN.BTC

BTS: https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_BTS

ETH: https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_OPEN.ETH

SMARTCOINS BitCNY: https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_CNY                  

SMARTCOINS BitUSD: https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_USD                

FIAT USD: https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_OPEN.USD  

Wish to replace the DAO market with BTC? simply replace the DAO in OPEN.DAO with BTC, click enter and you are in a new market where crypto is BTC instead of DAO. You can do this with all currencies, whichever way you like.  


All the best

Ronny Boesing, CEO at CCEDK ApS https://www.ccedk.com
Public Profile Linkedin: https://dk.linkedin.com/in/ronny-boesing-65b61720

In b4 anyone else. Looks interesting. Time to do some reading.

Why buy IOU's when you can go directly to the source?  ???

I just become acquainted with OPENLEDGER but i cant see there DAO IOU tokens ???

You can trade these now.

I have give a link in the body of the thread above. I hope if you go through it you will find it.

Like mentioned you can actually trade them on OpenLedger from the moment you have the IOU' on your account, and considering them to be at the price of 100 token to 1 ETH now and untill May 14th at 10.00 UCT, and then 100 tokens at 1,50 ETH at the end of the ICO, I dont believe I need to tell you where the potential gain lies, do I? ;)

Look last trade @ $0.1    21,000 OPEN.DAO    $2,520

This platform seems to work.

Sure it works and the IOU's are fully backed by real DAO.
Open Ledger is designed to work in this way. (there are also Open.DGD, Open.Lisk...)
Is the bitshares blockchain magic.

For those who don't understand what is going on, here is the incentive:

* They bought DAO in the first 14 days for the maximum bonus (2 days remaining to buy at this rate).

As the price continues for the next 10 days after that, it is a linear increase in price.  For the final 4 days, it is 100 DAO for 1.5 ETH.   Right now, DAO being available on openledger is pointless as you can buy directly from the source, easier and safer.   However, in 2 days from now up until May 30th, they can undercut the current price because they bought their DAO for the cheapest rate.

The final 4 days when DAO price gives 33% less tokens, Openledger market could undercut by up to that much and be a better deal for late buyers, and Openledger can offload their 50 btc worth of ether for 1-32% profit.

Yep this is the real deal.

And it is possible because Open Ledger give immediatly the possibility to trade Dao tokens.

Yea, i can see those links but when i click them, i see "NO DATA", only open.ETH shows some trades. I tought i can buy DAO's for BTS os BTC on your exchange. Looks like im too stupid too use this tool:) Anyway i wish all the best to BTS project.

so if i have DAO token from the 14 days of presale i can trade it at any time on openledger?

Is this OpenLedger thing legit?

Or what needs to be done is send coin to openledger NOW (day-2 ahead of end of presale) and buy DAO on openledger, then you can trade them for the next 2 weeks, correct?

They are legit decentralized crypto trading platform.

That is correct, you may also decide to buy in during the increasing price and still have option to gain something for the trading prior to launch.You can see tcaling of price onf the official website.

DAO tokens in the form of the IOU OPEN.DAO is now available on the folloiwng markets as well, but please note due to the volatility the rate is not set at 1:1 and will be adjusted according to change of rate accordingly:

BTC market: https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_OPEN.BTC

BTS market: https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_BTS

These two markets are only meant as an extra service, as the best rate and really 1:1 you get fom the ETH market:

https://bitshares.openledger.info/?r=openledger#/market/OPEN.DAO_OPEN.ETH

how to send token to openledger

First of all you have to register you user on open ledger, and then you can send tokens directly from the platform

It is also now available in Poloniex

https://poloniex.com/dao

poloniex is merely offering you to send ETH via your POLO ETH wallet to buy tokens...................same as bittrex.................but it most certainly means that the DAO tokens will be traded there afterwards.....

Yes it is true, open ledger is allowing everyone to trade dao immediatly

There is also an option to send the DAO tokens to External Address.

So what is the price of 1 DAO?

untill tomorrow Saturday in less than 20 hours you receive 100 DAO at the price of 1 ETH, after that you can go to website and see the scalable increase

unlike the other exchanges where you can create the token on exchange without any option to trade, you can do the trade, buy, sell on Openledger from the moment you have the IOU OPEN.DAO on your account, and you are then able to withdraw this DAO at the time of launch of this token.

Rgds
¨
Ronny Boesing
CCEDK

Everyone wants to grab a piece of the DAO ;D

If it is trading what is the price? Is 100 DAO = 1 ETH or is it something else?

So just to make sure I am getting this right.

I have bought some DAO with Mist and they are sitting in my Ethereum address. By using your Open Ledger, I can create an account and transfer these DAOs to the Open Ledger where they will show up as open.dao in my funds and then sell these open.daos for BTS, then take these BTS and transfer them to Poloniex ang get BTC out.

Please correct me if I got this wrong or this really is doable?

Thanks

nope.......no token transfer from MIST can be done before the end of the DAO....................

One cannot trade actual DAO tokens until the finish their fundraising.

What you are buying from Open Ledger are IOUs. You are effectively trading IOUs from Open Ledger

Ok, but where are the open.dao IOUs come from on the sell side if you can't deposit DAOs?

they are coming either from the people who bought the IOUS or Open Ledger itself...............
Open Ledger bought a certain amount of DAOs and they are selling this as IOUS and when the time comes these IOUs will be redeemed by real DAO tokens.
Think of how Yolobit started trading LISK IOUS.....................same thing but with DAO

The come from one account only opendao representing OL and CCEDK, and a constant update on how much dao has been reserved to be released on Openledger at launch time.

You can see the address where it is located and also the link where to enter this adress to verify.

That is the confirmation of the amounts being there. As these are IOU's in the same way as daohub in fact are offering an IOU untill launch, it is the trust in OpenLedger, CCEDK and blocktrades.us as the contractor which will allow you to finally decide whether you wish to have the option to trade the DAO prelaunch on OpenLedger and then eventually withdraw dao at launch time or any other currency you have achieved prio to this by trading these very same IOU's on OpenLedger.

We have tried the same procedure successfully although in less volume with the recent digixDAO token DGD, on OpenLedger represented as OPEN.DGD

We offer you to trade, sell, buy on OpenLedger of an ICO prelaunch as the only platform backing the IOU with trust essentially for the time being an at launch time backed with the DAO itself.

Yours sincerely

Ronny Boesing
CCEDK

I'm waiting for the SuperDao to launch, it'll be humongous!! Coming soon

Let me know if such a thing is coming, ther eis a reason why we launch the prelaunch asset ICOO of all future ICO's at least the best of them

http://icoo.io

We launch the ICO of same on May 20th.

An update on Pokereum DAO looks imminent ... innovator256 is the founder

Good article from him here (http://www.techcityng.com/ethereum-is-powering-worlds/)

So I bought DAO from official site. How do I sell them on Openledger? I don't see any straightforward way. Any help would be appreciated.

how many hours left to finish DAO exchange for eth ?
dont tell me time I cant compare for my time zone but can read how many hour to finish.

According to daohub information it will be possible from 9.00 GMT (10.00 am Copenhgen/Amsterdamtime)

Approximately 600 000 tokens were traded prelaunch on OpenLedger, and it will therefore be possible to withdraw whatever you may have purchased prelaunch today as well.

The deposit as well as withdrawal option of OPEN.DAO is expected to be enabled appriximately 1-3 hours from time of official daohub launch.

It will ofcourse be possible to trade on all OPEN.DAO markets available as it has been possible since the start of the start of DAO.

Markets already traded on prelaunch are as follows and can be accessed if you are already signed up on OpenLedger.

https://bitshares.openledger.info/#/market/OPEN.DAO_OPEN.ETH

https://bitshares.openledger.info/#/market/OPEN.DAO_BTS

https://bitshares.openledger.info/#/market/OPEN.BTC_OPEN.DAO


Welcome

Ronny Boesing
CCEDK