Bitcoin Forum

*** Update on 2020.06.19: You can now buy DRK use ETH in the Draken decentralized exchange. Use metamask wallet to connect to the exchange.
Let's experience it!!!
https://draken.exchange/


-- Update on 2020.05.02: Some members misunderstood that I am from the Draken group and try to marketing about this coin so I just want to make clear that I am an investor who already invested in DRK and I have a strong belief that in the next few years, DRK can growth more than ETH. This is just my belief, not financial advice --

I have introduced a coin that I believe is good but no one care.
Why people talk a lot on the old coin but ignore the new coin which designed to apply in real-life than just for trading?
Why no one spends time researching about it?

What do you think if today you read about it, but ignore, then 1 year later, you wished to come back this day?

I talked about DRK - a new blockchain already main net - Fast speed - use Proof of Honor consensus - The Fourth Generation of Blockchain in Decentralized Finance.
- http://www.draken.tech/

-Add more info:-
1. DRK has completed main net http://explorer.draken.tech/
(This is Blockchain platform, not a token so it can compare with ETH, EOS, TRX, ADA, BNB)
Usually, you will know and invest in a coin a long time before it runs the main net, but DRK is special. It developed in silence, run the main net before publishing so no need to worry that what is written in the White paper is possible or not, no need long waiting time until the main net.

2. Security with 3 layers: Core, Extension, Applications -> More secure than ETH

3. Block close time: 2 seconds - Receive DRK coin immediately after sending it (1.5 to 2.5seconds). Faster than ETH, EOS, ADA, TRX.

4. Transaction per second: Up to 5000 while ETH 20, EOS 250, TRX 2000, BNB 2000.

5. Smart Staking: With Proof Of Honor (POH) consensus, - This is what I like about Drk because it encourages the user to create value in the Drk chain not only by staking but also by develops good applications. It brings fairness to users and keeps the system growing.
With PoW, it cost lost of power and affect on the environment.
With PoS or DPoS, it seems that the money come more to the rich people.

6. Smart contract 2.0 friendly. Not only developers but normal users also can create smart contracts with pre-defined templates. Let's think that some years ago, only skilled developers can create a website, but now, non-technical users also can create beautiful websites easily by themselves.
-> With this, the DRK chain will attract more users to use the blockchain because it is easy to use.

7. Privacy on demand base on DaRK Privacy protocol with zero-knowledge proof. This is also one of the most important conditions to bring blockchain more come to real-life because people do not always want their financial life to be public.

8. Decentralized Exchange with cross-chain will be introduced in Q2. As can guess, this exchange will run faster than any ETH DEX because DRK chain is faster.

9. This also importance - Can buy DRK now at a good price because it has just introduced the first time.
Update price 2020.04.30: Unit price (BTC): 0.00000024sts

More info at http://draken.group/
White paper with Road map: http://www.draken.tech/
https://drive.google.com/file/d/1mHtV50CktdFCyD_NaH370sZ8sOBehgce/view

How to buy DRKhttps://defiworld.wordpress.com/2019/06/28/how-to-buy-drk/ (https://defiworld.wordpress.com/2019/06/28/how-to-buy-drk/)

Telegram: https://t.me/Drakentech (The first post of this Tele channel is from 1 month ago - 28 March, until now 28 Apr, just one month has 5k members and increasing every day)

Well, one of the main reasons this is so is because we probably don't have organized and good crypto projects review community/communities. If we have that already, it should be affordable and decentralized ... the review community could earn its living via some additional sustainable ways.
By the way, what makes you believe the coin is good? Have you thoroughly researched and peer reviewed it or something? And you should be reviewing based on decentralized-crypto community agreed safe/good  acceptable standards

Because there are just too many coins out there.
You cannot please everyone. Put that in your mind.
It's already great that you could market it here without paying anything. Be thankful with that.
Some websites will try to make money out of that or will just delete anything that you are trying to market in their forum.

If it's really that good of a feature then you won't need to worry about anything.
People will come, have some patience.

If it is really a good coin then surely it will shine among the shit coins, maybe it will take some time for people to realize.But IMO not many coins are worth investing and they are just copy cat of existing ones, we are not in need of a coins which has extreme transaction speed and when it is truly decentralized it is not possible as well.

And I think one of the additional ways to help such community/dApp to earn decent living is by using  algorithm to rank really good dapps up within their "service section" (eg: section for dApps/communities that review new projects.) in a cryptocurrency. This should help them be more visible, gain more customers, be popular, and increase their earnings from fees, ads, native token, donations, grants, etc.  This kind of ranking is probably lacking in decentralized Crypto world .

Because its a new coin. How sure you are that your coin that discussed is good and can be applied yo real life? From your description and shill, seems like just another blockchain with same concept but different term and name used.

Also if its good I think everyone are talking about this right? Why I dont find the project somewhere and talk about it on most famous site?

A good crypto project is also like a good news if its really good or have potential everyone would die to discuss it. But Im not sure about this.

New coins are meant to beat old coins, they introduce better features and specs but 90% of new coins wants only investors money, many investors lost money to new altcoins that's why new altcoins have hard time raising fund for development this days, can't blame them

A project will promote itself if it's good but it's not a we build you come industry, you have to tell the community about what the project is all about and what it can contribute, and you can do it by giving a good announcement and giving them a venue for explanation and introduction like a telegram channel, you don't create something then  it's done, even Nakamoto promote his Bitcoin.

In cryptocurrency nothing is too sure and how do you expect people to believe and jump in, there are lots of tokens in the market presently. If the presumed token is the next good thing to happen to cryptocurrency industry a lot of people and websites should be talk about it, good things don't hide. So I believe people will still come when they notice the progress, just patience

I have seen the best crypto coin with the best use case still end up dead . It is not just about having a coin that has some features. At this time , people are losing faith in projects due to scam projects. I am saying it will take some time before some people get it. Thats how life is.

in the world of crypto, whether it's a real use case or the like, but if the coin market does not get a high trading volume at the beginning of the launch, then the coin will definitely lose demands. and that doesn't happen with just 1 coin (which you might consider good), but almost all coins that get low trading volume at the start of the launch will end in failure too. people are more interested in trading and investing than thinking about what plans or innovations from coins, because what is thought for now is just a profit, that's all.

It's simple because the old coin in CMC is proven that they will potentially good for investment and many investors had already gained profit on it. A newly launched project is good but you dont know what will happen next. Because in crypto you will not hold your future for a sure investment, it will always fluctuate every now and then. But for me, I always prefer old coin and must on the top 10 volume in CMC.

Coin market seems to be getting saturated and that is why community interest towards new coins is falling, this will only improve once new people and new money enters the market in hige numbers, i am expecting that in next 2 years so stay positive all good coins and projects will get the needed attention and volume.

Just as you have mentioned, you are right, you believe it is a good project, but nobody cares about it because they have different feelings about the project.

There's this thing called emotions in crypto currency; likewise in crypto currency you cannot invest because of empathy either.
You need to do your own research because you are investing your funds; no sympathy in investment.

But a funny thing is the project you announced is strange and unfounded; why would any one care? you released only a website when you could share few details about it ?

I do not understand why you say this is good, is it because the deficit in the financial sector still does not look promising? and yes after they held the airdrop program a few days ago what is the next step? will crowdfunding or will register DRK Coin to exchange after this?

How are you sure that no one cares? That people did not invest in it, does not mean they Didi not look into it.
Everyone is just trying to be careful of the type of coin to invest in, most especially being a new one. You cannot blame them for this, it is because of the several experiences they have had with altcoins.
Your coin might look good, but give them time to carry out their own research on it too.

I don't think people are the issue here but you guys, you introduce a project to the forum and you expect people to just flock to it, I saw Bitcoin in 2013 and bought my first Bitcoin in 2016, adoption takes time, what you need to keep doing is developing and improving our project, if it is good people would discovered it and it would accrue value

Sure there will be people who care like you, But I think there won't be too many people. This is the first time I've heard of this project, and it seems like this is a new project

Fourth generation/fifth generation of blockchain, what does it mean? It can competite with Bitcoin Lightining Network or Ethereum sharding? Probably not, so it is another centralized sh..coin that noone cares because we seen many times that these promising cryptocurrencies died before they showed the world something new.  :P ::)

People do not know about it because it has just started to public in 1 month. Just very few people recognize how good it is. The money will come to the early adaptor. When I found it, I just feel like I know about ETH when it has just born.
And yes, I already study DRKChain white paper and do my own research about what it says: PoH consensus, Confidential Transaction with Zero-knowledge proof, Stealth address, Ring Signature, ...
I have updated some information in the first post, not re-post in the reply to avoiding repeating.

Yes, there are too many coins and tokens out there so people don't have enough time to know or realize which one is really good.
I also the same, so I have paid many lessons in this market.
When selecting DRK, I take more time to research about it. Luckily I work in the computing field so I can understand the technical thing in the whitepaper.

I hope more developers to know about and build Dapps on it so the eco-system around it be stronger.

I believe that the new good coin will overcome the week point of the old coins and provide much better performance.

I'm just hearing about this draken (DRK) for the first time, the fact is investors don't care about non popular projects anymore, if you are part of the team do better promotion and get the words out there, this is the only way that more people can know about the project

The community care, of course, it's just you did not create good marketing for your coin, people love to ask,  do you have a telegram channel set up when you launch your coin, have you invited people to join, this is the first time I stumble your coin, and I don't remember that you launch a bounty or even an airdrop campaign, although you have one, but it escapes our attention.

The most powerful tool in introducing new projects is the knowledge on how to use the advertisement efficiently.
No matter how good, or how advanced your project is compared to the existing coins/tokens or projects in crypto space, If it doesn't have enough exposure all over the internet, then expect a slow progress on adoption to your project.
Ever wonder why some projects ran a long term signature campaign? Even if their business is running for quite a long time. How much more to the new ones?

I think people have the right to make their own opinions and choose what they feel is best, you can only make suggestions but don't need to get all worked up just because nobody take your suggestions seriously,  the market is big enough,
you can't expect everyone to agree with you, if this project you are suggesting is as good as you say, am sure pretty soon everyone will start noticing it, let them discover on their own, I believe if something is good, it doesn't need much marketing before the awareness grow.
Between if you are part of the project team  you are not doing a great job to get the much needed attention,   incase you haven't noticed nobody pay much attention to new project especially the poorly advertised ones.

It is their money and thus they will decide how to spend it or which coin to invest in. You made a good review but you should understand that not everyone will agree with you instantly, people need more than just review, they need working products, they need proofs that it is working, they need to understand and trust the team to invest their money; these and many more are the reason why it looks like people don't care or aren't listening. In my own opinion, once the project proves itself, it will attract the right attention and users.

Most people don't like anything new or venture out. They rather stay in their comfort zone with things they already well familiar with. This leading to a very skeptical look on the new coin and even if they want to accept that coin, they reply on own research rather on some else research. If you have a high reputation maybe they will listen to you but if you are not then the chance is very slim. This is why many new coins have to spend a lot in marketing to get some big name talk or introduce their coin to the mass on the cryptocurrency field.

I think people nowadays already clever, they can see difference between someone who only want to promote it or really believe about the coin. Because a lot of coins only get hyped, and especially too much posted in this forum if i read. And  it can prove what actually the aim of the poster about coin that he post. And about people who believe about coin, each people will have different strategies to manage their assets so it wouldn't really work if they already not interested with what you OP promote.

If a coin is good people will notice it's capability in just few months, you can't hide a good coin in crypto space, you will see huge demand on exchange for such coin but that's not the fact this days, low project that aren't good enough can't caught the attention of good investors, that's the fact, investors are now smarter

The telegram has just started 1 month ago with 5k members until now. https://t.me/Drakentech
Airdrop round 1 already finished: Program details: https://medium.com/drk-defi/drk-coin-airdrop-9fcfc5f3f06f
Maybe the dev team uses different marketing channel so Bitcointalk members do not know about it. Anyway, if someone cares about an opportunity, he can start with their website and whitepaper.

Yes, I totally agree with you.

Bro, that you believe in a coin doesn’t mean that everyone is going to believe in it. There are lots of projects out there, over thousands of them, and people all have what they believe in. And moreover, nobody is even sure whether what you have said here is the truth or not , there is really no proof that this is a good project, and this is a community where there are lots of scammers pretending to be legit by all means, so how do you expect anyone jump on a random coin they see someone mention on the forum?

Or are you the creator of the coin? If the team are serious, you don’t have to be the one to promote them, they will have to do what’s necessary to promote themselves.

There are too many projects out there that show a lot of long term potential and each has their own preference when choosing a project. You cannot force anyone to have the same option as you are, I think you have done enough on showing your perspective about the project. To add, most people are skeptical about investing in new projects due to it's risk.

It simply because those old coins you mentioned are already established coins and have already made shared their contribution to innovate the blockchain with their technologies while on the other hand lie you said it is a new coin which is basically it has not done anything as great as those like ETH, XRP, TRX etc. People or investors would tend to support old but gold coins rather than support those new ones due to fact they have not faced any struggles in their systems..

You can say that DRK is a good coin which has potential to increase, but I see that coin/token doesn't have the market, but that coin has its own market which I think it will not be good for people to buy. In my opinion, the good coin should be list on the market when they finish the phase of the project, or they have a short term plan to enter the market, but I don't what other people will say about determining the good coin/token.

To be honest, on the website that you give on how we can buy the coin/token, I think that is too complicated. However, I see that you can explain step by step, but for me, I prefer to buy directly in the exchanges, especially in the popular exchanges.

In this month, DRK will introduce Decentralized exchange itself so no need to list on the centralized exchange like other coins. I also agree with you that it is safer when buying any coin in the famous exchange, at least, the coin was verified is good somehow. But as you may know, early adopter takes more profit.
Recently, I heard that BNB, ETH, and today Tron - Justin Sun has just twitter about defi. Defi is the new trend that will be blooming in the next few years. And DRK prepared for Defi.
I hope that everyone reads my topic can keep an eye on it, and when you hear about it again, let's research and see how good it is.
Money is knocking in your front door...

Honestly people are so sick and tired of reading about "another awesome coin that will make you rich!!" that eventually we gave up.

Right now to me the only way a new coin could ever make me money is if it gives me an airdrop or I join its bounty hunting and that is about it, there is nothing else, because I gave up long ago to believe in brand new coins. That doesn't mean that I will not be interested in that same coin, just not while it is new, I will wait a long time before I get in because I want to first see how it does, if it actually works and if it actually gets attention from people, I will definitely invest, however I will never do it for a coin that is on project stage, or even its released but brand new, I need to wait at least couple months first.

There are quite many reasons:
1) Already many good coins out there.
2) Coin/token maximalists don't wanna look into other coins.
3) Abundance of scams in the name of "next Bitcoin".
4) People not having time to research on every new coin in the market.
5) Last and the most important is the mentality shift. The mentality of focusing on the technology has shifted entirely to tradibility and profitability of the new coin. If it doesn't have a network effect or is not recommended by any crypto celebrity, exchange etc. then no one wants to risk their time and money in it.

You have an interesting project and coin, but I have never seen your project doing bounty campaign, not even article campaign or even airdrops, you have a very quiet announcement, it's just now that we are seeing and reading your project because it has no proper marketing.

This is the first airdrop announce and it was completed: https://medium.com/drk-defi/drk-coin-airdrop-9fcfc5f3f06f
The project has just started to introduce to the market 1 month ago, that's why not many people know about it.

What I like in this project is they start marketing and sale when the product (I mean the main net) already finished. What has been written in the whitepaper is valuable so if someone care a supper chance, let's spend your time on researching it.
I feel like they finished the product, then write the whitepaper what they has been done. This make me remember a hard time before when I invest in ICO, ICO projects only have a whitepaper, and I have to wait a long time to know if the dev team can develop or not.
This can prove that the dev team has strong enough to build a project without crow sale. And now, what they do is develop the community.

 For the next drop, you can follow their telegram to know about it:
Website: www.draken.tech
Telegram: https://t.me/Drakentech
Twitter: https://twitter.com/DRKDeFi
Medium: https://medium.com/@DRKDeFi

White paper: https://drive.google.com/file/d/1mHtV50CktdFCyD_NaH370sZ8sOBehgce/view

First of all this is a wrong time to introduce a new coin in the market.

Second your products marketing sucks. I have not seen any airdrops or bounty campaign to engage the community. You need to look into that part very seriously.

Third investors are more concerned about Bitcoin now then any other coins in the market. It is better to wait till halving and after that you should start with a bounty and airdrop campaign.

i am familiar with some of the companies associated with Draken group. however, how can we confirm that they are really associated with Draken? I am using one of the apps listed as part of the Draken, but haven't seen Draken on their official site mentioned. So what is the real connection of those companies to Draken?

From what I know, Draken invested in those companies.

From their homepage: "Our new mission is to accelerate the development of a better financial system. We build and support bitcoin and blockchain companies by leveraging our insights, network, and access to capital."

With their experience in the financial system, they can have deep knowledge of how to build the applications more suitable for real life. As you know, real life is complicated, and the financial sector is much more complicated than others.
Besides that, what written in the Whitepaper and the smooth blockchain running as you can see in http://explorer.draken.tech/ make me believe that they have a strong dev team behind.

Then what if the opposite happens? Do you want to be responsible and compensate?
We cannot force the will, everyone has their own choices for investing. Especially in unfavorable market conditions, coupled with the existence of this pandemic and crisis. That makes the risk even greater.
I know your intentions are good, but not everyone has the same opinion as you. Appreciate that.

Yes, I agree with you, investing always a risk. So everyone will need to do their own research and decide themself.

I think there are people interested, but the fact is that there are more and more projects, all of which consider themselves potential to be outstanding. In fact, I also had difficulty choosing projects.

you cannot force your opinions on others. we have different opinions on each coin that we will invest.

everyone is currently very careful in choosing coins. they don't want to lose any more money because they chose the wrong coins (including me  ;D). so you have to accept other people's opinions too.
if your coins are really good, your coins will continue to grow and people will come to invest.  ;) :)

Yes, I see. ;D

I prefer the old coins on CMC than the new ones which the CEO may be thinking of double cashing out on investors. I love XLM, DGB, and some other altcoins because they can give a decent profit with good timing and discipline. Better than doing a trial on a coin that may not succeed. See OP, don't blame people they have been greatly scammed by arrays of new projects in the past, so they are been careful.

It is very natural that all projects consider themselves to be good, so that hunters and investors can be attracted to them too, but there is only one thing we need to do so that we have no difficulty in choosing projects, which is to conduct detailed research on all projects so that we can can get the best among the good ones.

Why do you care about their opinion if it is clear that you are not part of the
 team?and you cannot take it from other forum
 members because most of the newbie here that promoting or advertising some coins are usually part of the team or they are
 the dev itself.and also if there is legitimacy in that said coins then you must be proud that at least the community are giving
their opinion meaning they are having some concerns,Either Good or bad response it doesn't matter.
also Just focus on your holding and your belief that this will Beat ethereum in the next couple years.

Yeah. Thank you I will do that

how do you came with such conclusion ? i mean why would you think in advance that people will not care bout your coin ? if there are haters well expect that there will be lovers too that are going to embrace your creation if ever its your coin .  just dont care what will others think about you but you can just foccus on your own business but in my opinion i can say that you are a good guy because you are not selfish and you want others to benefit too in your own little ways so keep that trait up man .

because your coin is not very good.
Honestly, most coins in 2020 are not very good, only one I am excited for is Ludena Protocol, partnerships with blizzard, nexon, ncsoft, and global version launching soon. Already 3 million users in Korea.

coins like this are the type of coins you should be discussing.

Sorry that no one cares but why can't you let your project or coin do the talking ? It's real that no matter how good a project is many investors will come buying, by the way have you done necessary promotion to create awareness? That might be the problem here

Look at coins like Ludena Protocol, basically zero marketing done but still one of the most hyped coins of 2020. It all comes down to how solid your business model is along with the opportunities for growth

Because people aren't silly. Just because you have had some success getting Vietnamese housewives to invest their savings in your coin it doesn't mean that you will get everyone to. I am doing due dilligance on thsi coin now and this
https://draken.group/assets/images/20%20years.png
seems like a total farse. It doesn't look good that your company was established in 1999 but only got a domain name in 2019 also that nearly all of your traffic comes from Vietnam. What kind of coin uses Multilevel marketing to sell coins? I have emailed Coins.ph, Plutus Financial and Lottery.com to see if they have any affiliation or are indeed subsidiaries or affiliates of yours. We will see what comes back but it isn't looking good thus far.

https://youtu.be/dROwEc4VyJA?t=86

As a matter of fact I don't see any issue if people don't care about the project that you believe is good enough for people, how is this wrong? It's a free world in crypto space, people makes decisions by themselves and you can't force any, if they see enough reason to invest in such coin then they will, moreover the project you promoting doesn't looks good enough

In my opinion it can be relative and I believe that we should not associate low rates and closing the block with project quality. There are many projects that match or exceed the mentioned project. I have nothing against draken but without a good market development and positive words marketing does not solve much.

This is a scam coin, look at the roadmap. They claim to have invested in ABRA, however I have been in touch with them and it isn't true so far as making any significant contribution and I quote "they may have invested a very small amount and wished to remain amonymous. I am in touch with Wharton school of business and will follow up on Harvey Dent oh, I mean Danial Harvey. I WOULD ADVISE ANYONE TO STAY AWAY FROM THIS COIN!!!

You've did all you could OP, if your project is very good and genuine investors will check the project out, you simply can't force a project on investors, if your project looks not good enough or more like a scam project you are simply wasting your time

Many projects have been advertised like this and it ended up a disappointment so u won't blame people for not looking at the side of your coin. If it's really a good coin with good potential, people will get to know about it as time goes on and they bring other investors to it just like you are doing now.