DNotes Global CEO Alan Yong Shares Thoughts on DNotes’ Fourth Anniversary |
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Sir,
I am a complete newbie at this game. DNotes is my first coin and right now my only coin. So I asked the question trying to better understand what the advantages were if someone did come along and ask DNotes to use your platform for their coin/token and if it would simply add more value to the DNotes currency pushing up the ladder to success. I actually asked a question that is way above my head. lol, your team and this forum has taught me a lot so keep it coming. I love it. Thanks!
You sure picked a great coin! If you can be patient with it I'm sure you will be rewarded in the long run. Some of us here have been holding and accumulating DNotes for several years. Thank you, The Chezzz. I appreciate that, “ DNotes is my first coin and right now my only coin.” In answer to your great question, “ what the advantages were if someone did come along and ask DNotes to use your platform for their coin/token” ………. I can give you a limited answer, since we do not want to get too far ahead of ourselves. That is an easy thing to do since we have a fast-growing ecosystem. We do not have a plan to support the launch of another coin/token using the DNotes 2.0 platform any time soon. When we do, it will be done in support of our NextGen VC partnership, possibly as early as 2019. You will learn more about NextGen VC in our White Paper when released in early April 2018. A final draft will be available for limited release earlier. Below is an unedited quote: “ Next Generation VC is powered by the DNotes platform to provide our elite clients and partners with venture capital and crowdfunding assistance that is fully compliant with local regulations backed by the full service offering of DNotes’ consulting group. This may include crowdfunding under the JOBS Act in the USA, and issuance of digital asset tokens through ICO. The DNotes consulting team will carefully vet the listed token sales, and work with clients and partners to deliver value to their investors as a useful indicator of quality.
In the NextGen VC participation, prospective partners pitch their business or idea to the DNotes consulting group and management team, who will identify the businesses that have the best synergies integrating with DNotes’ blockchain software and growth potential.
Businesses that are involved in the NextGen VC program will have unlimited access to these resources, from strategic analysis and managerial, procurement of legal, and accounting aid, through to blockchain application development and integration; and navigating the approval process for SEC compliant Initial Coin Offerings on the DNotes platform.” DNotes team has always been committed to ensuring that we uphold the best in class mentality in every area that matters. To that end, our clients will benefit from the DNotes trusted brand and our growing ecosystem. NextGen VC itself has massive growth potential. Our focus is on quality; not quantity. The offering will be limited to a selected few. This is very interesting, actually. Basically, DNotes is planning to eventually support tokens but be very selective of which ones it will support. This is in contrast to the NEM platform, which currently supports token creation, is open source and available for anyone to use, in support of the value of decentralization of control. There's a bit of a downside for NEM right now in that it looks like it might be the platform of choice for Maduro (of Venezuela)'s Petro, a cryptocurrency that regime is wanting to launch. There's a bit of confusion as to whether the backbone platform will be NEM or ETH, but it's likely to be NEM at this point. So now NEM has the issue of potentially being associated with what is considered by many to be a bad regime. NEM is strongly committed to the value of decentralization which means that there will be tokens launched on the NEM block chain that maybe the NEM Foundation, and certainly NEM investors, would never want to endorse. But that's the potential downside to a commitment to decentralization and freely available open source as a core value. DNotes has a different core value, which is excellence, and DNotes is willing to sacrifice a certain amount of Decentralization in order to uphold the excellence core value. This will be interesting for me to watch and see how it plays out, as I'm heavily invested in both, but also because I'm realizing that a number of the crypto core values aren't totally compatible with each other. Personally I think both decentralization and excellence are great core values to have. However, you can't necessarily have them both at full potential in one project. It could be that an interesting metric as far as diversification of cryptoassets goes, is to choose a number of coins that emphasize different core values, as I'm sure over time market conditions will favor different ones over the others. Along with DNotes' commitment to excellence as a core value, is a commitment to solid leadership. Leadership, by definition, will have a certain "centralized" aspect to it. At some point someone has to own the decision and move forward. It could also be that decentralization isn't so much a value as a tool. Anyway, thinking out loud here... Thanks wiser, one thing I would like to clarify: One of our core missions is to keep the benefits of decentralized digital currency in tact, but to have DNotes Global, Inc to support it by bridging the gap between the centralized world we live in and the decentralized world. You are correct in that our support of launching tokens on our platform will be very selective. The reason we would support and help create a token is because we are actively involved in that project in many ways. Once we launch such a token though, it would be another decentralized entity. A token that we would actively launch for a specific project on the DNotes platform will have to follow all the rules and regulations in place to ensure it doesn't have a negative impact on DNotes or DNotes Global, Inc. |
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Can you tell me the main purpose of Dnotes . It will be like blockchain as a service ? Am i right ? or what are you going to do , Payments, educations , trading , Ico platform ?
Hi lxxtikk, DNotes purpose is mass adoption as a globally accepted inclusive digital currency for the empowerment and benefit of everyone worldwide. Everything that we are working on is part of the vision of how we will purposefully direct DNotes towards achieving that goal. |
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That is rather high for first year, the first year business failure rate is typically about 20%. It would be interesting to find out the first year failure rate during the dot com boom. |
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Dtnotes the most promising project, I think most investors will appreciate it in full!! Did I miss something and the white paper is ready??
Hi Hakamoto, not quite ready just yet. We are spending a good deal of time to really express the concept in full details, add in explanatory infographics, and outline our plans. It should be ready soon though. |
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DNotes,
I have been reading through some of the earlier pages of the ANN and saw that the Ecosystem and/or the Platform will able to be used by other tokens or coins, is that true? and how will that affect the value of DNotes if others use the platform DNotes created? I believe that to be a huge up-tick. Could you please speak on that? If i'm wrong just tell me.
Hi The Chezzz, it is true that we will have a token platform, with plans for a decentralized exchange. However, it won't be like many of the existing open platforms. It will be for use in our NextGenVC program, and only those that meet our strict criteria. We would help them to raise funds under the jobs act, such as a mini-IPO and in conjunction with a token offering. The current state of decentralized exchanges is that they work but are really clunky. If you guys manage to create a non-clunky decentralized exchange, I hope you eventually open it up to the general public to trade coins and tokens. There's a real need there. I understand where you are coming from. Ultimately, we want the entire industry to be successful by creating synergies with DNotes and it's platform and ecosystem, but we have to focus on what is most important for pushing DNotes forward first, as our top priority. What decentralized exchanges have you used and what are your comments on them? |
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DNotes,
I have been reading through some of the earlier pages of the ANN and saw that the Ecosystem and/or the Platform will able to be used by other tokens or coins, is that true? and how will that affect the value of DNotes if others use the platform DNotes created? I believe that to be a huge up-tick. Could you please speak on that? If i'm wrong just tell me.
Hi The Chezzz, it is true that we will have a token platform, with plans for a decentralized exchange. However, it won't be like many of the existing open platforms. It will be for use in our NextGenVC program, and only those that meet our strict criteria. We would help them to raise funds under the jobs act, such as a mini-IPO and in conjunction with a token offering. |
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DNotesEDU Prioritizes Investor Protection in Cryptocurrency Education |
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Great letter! I can't wait to read the rest of the white paper/business plan. Mostly it will be great to see it all in one place.
DNotes already gets grand prize for being the most respectful hub in the cryptospace. I love hanging out here mostly for that reason.
Thanks wiser! We appreciate it. We can't wait to show everyone as well. |
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Working on the white paper and came back to the check list to add links. |
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DNotesEDU Prioritizes Investor Protection in Cryptocurrency Education |
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DNotes Global CEO Alan Yong Shares Thoughts on DNotes’ Fourth Anniversary |
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DNotes,
I am so glad that my brother turned me on to this organization. You are a special team. One that has the same dream and vision, and that is hard to find. I have sent emails to the DNotes help desk asking questions and they answer me immediately and very respectfully no matter how juvenile my question may be. The website DNotesEDU is out of this world, and for it to be offered to the public for free is a crime in itself. Meaning, what a steal for the public and a feather in your cap. Like always “a step above the rest”. This is going to be an awesome ride and I have a front row seat and popcorn in hand (Dnotes in the Vault). Thank you DNotes and Happy Birthday again. Oh and thank you for the DNotesEDU present.
Appreciate it The Chezzz! We are here to help in any way we can. Thank you for supporting DNotes! |
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people are uploading DOGE, BTC to yourself and taking as many coins as possible, without anyone banning me in the least and that is my wish.
Welcome harimauagam, sorry I don't quite understand what you mean. |
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The new DNotesEDU is up and running, Brandon your team have done an amazing job, there amount of content is astonishing. https://dnotesedu.com/ |
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DNotes Global CEO Alan Yong Shares Thoughts on DNotes’ Fourth Anniversary |
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Thank you to everyone who came on the forum to show their support for DNotes and offer words of encouragement! Everyone is working diligently to make this an amazing year for DNotes.
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