Full exchange launch of both version (centralized and decentralized) will be between Q1 and Q3 next year? Why there is no exact date (month or at last exact quarter) ?
The devs usually do it in order to have some additional time for fixing anything going wrong or not according to their original plan. |
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As I see, Dusk is breaking bad. Is it for good, we will find out it very soon. Anyways, their enthusiasm makes me anxious...
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Its great that you actually have already a patent to show on your website and not just a statement that you have patent pending. How long is a patent valid in US?
Well, their patent might be pending at least for 1 year, then it's gonna be active again at least 5 years (up to 35 years). |
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DUSK can definitely do more than ETH can do on platform. I like the layer approach of DUSK team to develop product. Hoping to see some updates on any progress is happening now since last AMA?
The explanatory videos and interviews give us insight into what the Team is planning, apparently the construction is more solid and more programmed than the top 10 coins, and the Team's knowledge is quite satisfactory, I hope to see more videos and events The only question is if they will have a chance to break through and become a top member themselves. |
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I receive some EHF tokens, is it already distributed or another fake tokens ?
What is the purpose in creating fake tokens? I have met them sometimes, but I don't get the idea. Do they really hope that someone will be confused and make a mistake sending real ones for fake? |
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Ternion is little different than other exchange. Customer service and liquid fund will provide edge over any other exchange in existence in current market but they have to execute project properly. I am sure team behind is well capable for that.
So you're bullish on it that you think that is going to be the number one exchange in the coming years? I don't know, just remember that this market is brutal... Uncertainty is cruel in the crypto, so we lose so many opportunities for real profit as projects miss the opportunity to show their worth. I think ternion has assembled a capable and well-divided team in case of encountering many adversities, but planning for a top 5 at least in exchanges Yeah, give me only one two-day time machine trip, and I will be a billionare... I am trying to look on the bright side, but sometimes it's rather hard. |
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The progress bar on the ico page seems to be logarithmic and hard to read on how much is sold already. Is there a way to check how much has been sold?
By the looks of it, they may have got more than 3 million $ already. 2 Million was their soft cap and they reached it early. The market is getting greener for ICO's and we may see more investments into potential projects. Just the other day I read that ICO's investements are going down overtime, right 3 millions for a not overhyped ICO is just some kind of miracle  Currently only the most solid projects, well structured and with active and participative Team are going for fronts, it is a self cleaning system of the crypto world, I think, many raised money only with exaggerated ideas and no future. But projects such as Laneaxis, with a company already acting, have their differential I like this crypto evolution. It's like between different manufacturers: over time, the most effective, the strongest, the most competitive will survive. |
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I don't think a fiat gateway is possible without kyc
Isn't that already implemented in waves exchange? And that has no kyc what so ever. Not sure what it is though since I've never used that option in there. I would say that depends on the region. Locally, you can or cannot receive or send fiat money without revealing who you are. With ever increasing crypto regulations no country will allow fiat crypto conversion without KYC and legal exchanges will abide. As far as I know, it is still possible in the countries like Puerto Rico. They attract crypto investors so they created a comfort atmosphere for them. |
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Is there any precise information on when the MVP will be released to the public? Or will there be a limited release for several people only?
I think their MVP will be in the first quarter of 2019 as the roadmap was too long and the team wont do much communication in here or in telegram groups. Considering its long road map, the fact that they are not very active on this project does not mean that they've taken this thread for granted, in fact, they keep us updated from time to time with regards to major milestones and activities of the team. This is true, but I still think it's not enough even taking into consideration the fact that we deal with long-term project. |
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If a transition from the classic model of fundraising for blockchain projects, namely initial coin offerings or ICOs, to STOs, actually happens, the Dusk Network would be one of the first platforms for such a use case. The team is highly experienced in blockchain development as they have served Fortune 500 companies in their own blockchain development projects. However, as their GitHub is not public, it is hard to validate the actual progress of the project for now Proof: https://hacked.com/ico-analysis-dusk-network/Cool, hacked.com is one of my more trusted sources. This is very good exposure for dusk network. It needs subscription only for reading! Damn, people are making money out of thin air. |
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I don't think a fiat gateway is possible without kyc
Isn't that already implemented in waves exchange? And that has no kyc what so ever. Not sure what it is though since I've never used that option in there. I would say that depends on the region. Locally, you can or cannot receive or send fiat money without revealing who you are. |
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What kind of strange ICO bonus system do they have? First it was 50%, then 25% and now it's again 50%  Maybe the 25% bonus was not enough and they want more buyers so they returned to the higher bonus. Marketing strategies are hard to understand these days in crypto as getting investments became too hard, They might have seen very less investments when they slashed the bonus half and wanted to sell more so they might have increased it back where it was. Quite easy, actually. They implemented 50%, then tried 25% - the result was not as intended, so they went back to 50%. |
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Looks like security token offerings are stepping in the limelight lately. Which is kind of weird when we had a period where almost every crypto project desperately tried to avoid their token being labeled a security. What has happened that security tokens are seen more favorably now?
Security tokens are much more profitable for investors, especially in the red market. Everyone wants to receive dividends)) I do prefer the security tokens too, i am earning some money while i am sitting on my desk. I guess any token is capable of doing that, the question is only if the parental project is successful or not. |
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If they want to attract carriers/suppliers they need to deploy a business plan for sure since they want to see plain numbers eventually
Isn't their business plan in the whitepaper/roadmap? as far as i know its written in the whitepaper. one thing i recall they ll make an app for truckers. It's not quite clear about it in the whitepaper. There are some general terms with nothing precise. |
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Looking at the roadmap it shows that the Exchange Closed Beta will be before the end of the year. Is that still on track? Do you still anticipate the closed beta being available before 2019?
that would be great to see in my opinion. although the KYC always gives me pause. Whats your issue with KYC? I personally don't mind KYC since I believe we need some of these steps to get new money into the world of crypto. Seems to be the next step if we want to keep increasing the market caps. I do not also like KYC because one of the main advantage of crypto has to be anonimity, and KYC does everything vice versa... The kyc is not up to them. Any legit operation has a kyc now. Especially if they are handling fiat-money. It's not going to be a wild west in the icos anymore. As for me, it was better previously than now: more freedom, more anonymity. now everything has changed and not in the best way |
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Looking at the roadmap it shows that the Exchange Closed Beta will be before the end of the year. Is that still on track? Do you still anticipate the closed beta being available before 2019?
that would be great to see in my opinion. although the KYC always gives me pause. Whats your issue with KYC? I personally don't mind KYC since I believe we need some of these steps to get new money into the world of crypto. Seems to be the next step if we want to keep increasing the market caps. I do not also like KYC because one of the main advantage of crypto has to be anonimity, and KYC does everything vice versa... |
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I feel there is not much remedy for human errors. It can be minimized through blockchains and other means but there will always be someone who will doing something wrong. I hope Laneaxis will do a thorough testing before implementation.
I bet they will, its a SOP - Standard Operating Procedure to conduct tests before the platform is released to eliminate bugs and issues so that it would become robust as possible. Bugs and system errors is one thing while human factor is completely different. No platform in the world can eliminate human factor completely from its activities. I hope they will change some day with the appearance of true artificial intelligence. Bank systems as well as other institutions strongly need no human factor. |
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They should give out trucker hats with Lane Axis on them as swag!
lol I'd love to see a trucker wearing one of those featured on a promotional poster. Well that would be interesting actually. They can just distribute some hats on trucker diners. Some would wear it  Truckers with lane axis hats. Cheap hats don't cost shit, but might be good/funny marketing Marketing and should be funny and memorable)) This is effective advertising. People are already tired of the usual boring ads. I think that serious projects need serious advertising and almost all the ads in crypto should be in forums or websites that crypto investors use to visit. However, serious often means boring, which was already mentioned before. With boring advertising campaign, the project will be lost among others. |
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So they are not satisfied with just updates but daily updates.. I guess everyone is getting more used to daily spam updates from crypto projects and expect all of them to do the same
Well this is difficult because many projects' teams just do extremes, I mean spamming everyday or not telling any news for months. However, the thing is to find your golden middle. |
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35k usd is not high as i thought, other big exchanges are collecting huge amounts of money to list some token/coins.
What about the trade volume requirement? Does Ternion require a certain trade volume from previous exchanges so that the coin / token will be considered for listing? I don't have the information about that sorry, but considering binance or top ten exchanges, 35k is not high i think. Yes, I checked it; and, surprisingly, 35K is not the highest amount paid for listing. Maybe the price depends on the project itself and its perspectives, possible success or failure, etc. I think the price should depend on the project because bigger projects will trade bigger amounts. I believe I have heard about millions of dollars price for listing (very big projects) but I'm not sure if it's true. |
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