Yes the ico market was totaly crazy past year, so much projects raised money with nothing behind. Now it’s really hard to raise money for an ico. I think laneaxis has some chance to at least reach the soft cap, there is some people interested in the project.
This makes sense since hype was high last year and no one wanted to miss on a huge opportunity but now so many people started to take advantage of that and people are not trusting ICOs anymore. We need to form a strong crypto community to separate scams from real deals. that's why we have these conversations on bitcointalk and there are several websites that grade projects. although they shouldn't be trusted too much. this year has not been too good for the crypto and for the ico, is difficult to distinguish between the ico valid and scam would need a couple of really reliable rating sites, however the idea of the project laneaxis is good and i think that they will raise at least the soft cap... |
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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/Well written article not like junks like icobench etc....where there are bots voting and basically no in depth description for any projects. It got a solid valuation of seven out of ten it seems that this new form of fundraising(sto) is taking hold we'll see if it will replace the icos, i had not heard before this site(hacked), i see that it is very accurate and has a positive impression of dusk... |
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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. yes, the project is long lasting, so i think that periodical updates with the most important news are sufficient, but more precise news on mvp would be welcome... |
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A lot of top exchanges dont need KYC for trading (Binance, Kucoin etc.). KYC for trading really bad idea. Does the team confirmed this or this is just your mind?
The exchanges you mentioned mostly ask a kyc for bigger withdrawals than 2btc. But they are located in asia. But european exchanges always ask kyc. Probably regulations are tighter. Yes, I know. But 2 BTC per day is enough for traders in average. More than 2 BTC is just for whale. And people dont like provide KYC. etfectively the 2 btc a day of binance without kyc to me are really enough, no one like the kyc procedure but maybe to operate with fiat is became really mandatory, we'll see, i will carefully evaluated whether to use this exchange or not... |
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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.
you're right human error can always happen as one can be careful, that's why I also hope that laneaxis do long and careful tests before the launch of the project, that must be perfect from the beginning... |
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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?
The real purpose of crypto is to avoid the government's unnecessary involvement but, bitcoin is not able to get out of their shadows. That's why my bet is on something anonymous. The "real purpose" is debatable. If that were the case, then why would the people be so excited about the ETF or any government go ahead. There's a purpose for anonymity, but i don't think we have to forget the government's part in the adoption. regardless of the real purpose and possible interference from the various governments, I prefer that no one can follow my transactions with the crypto, that's why I will always follow with interest the projects as dusk... |
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Dear all, daily updates will be possible when (1) the project team will hire a marketing team to do all the marketing, and (2) when the team has anything to say daily.
I can answer only what i know. So i'm trying to stay in touch with the community and to cololect all the information and to provide it as quick as possible.
The main goals for now (in this priority) are: 1) MVP - that's what the team is doing 2) making relationships with private investors - that's what Nikolay is doing 3) Good marketing plan - that's what Nikolay is doing 4) ICO Not daily answers. Please try to understand it clearly. nobody asks for daily updates especially if there are no relevant news, there are other priorities, but let's say weekly reports on the progress of the project would be welcome... |
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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. Then we should have the Beta in a few months. It would be nice if they can confirm us this date. a beta soon, in a few months, something concrete to test, it would be great, the team could officially confirm the date?... |
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i believe that for the good of the project, for advertising and financial support, they will make strategic, prestigious partnerships so i think it will not be a pure transport app but also combined with other sectors...
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What will be the average transaction fee for transferring coins from one wallet to another?
We can't really provide details on the transaction fees at this point. Our token is not tradable yet. The platform will take fees in the form of gas just as Ethereum does. But it will be like Ethereum that Gas is actually Ether so there won't be two coins like NEO uses? so the fees will be from the model of eth in the form of gas, so it will be a single token that will also be used as gas? can i have more details?... |
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Correct! | ___________________ | ___________________ | | PRE-ICO 1 stage | done! | | PRE-ICO 2 stage | December 2018 | | Exchanges | January 2019 | | MVP | March 2019 | | ICO Round 1 | after MVP | | ___________________ | ___________________ |
So, ehf will hit the exchange while the main sale isn't started? Is this good for the ICO itself? I wish there are already good plan to anticipate the impact caused by such policy. in fact i do not even know if it is good to list the tokens on exchange before the start of the ico, the price could suffer a strong dump... |
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Will the KYC procedure be optional (case to case basis) or it is definitely required in order to use the exchange?
some exchanges require KYC for a certain limit but maybe if you will just withdraw or deposit in small amount, there's no need for KYC. but was looking for their exchange, not yet up? it says from the roadmap that by this time, they already launched the exchange??? Demo exchange is in their website, and the beta version will be coming soon, there is a limit for kyc in Ternion too, 1000 Euro or equivalent amount. so if one buys token from the demo exchange for a value of 999 euros the kyc is not necessary? and any purchased tokens can be moved immediately to an own wallet?... |
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Transportation is big business. Emerging market like India can utilize this platform since rise of smart phone infrastructure.
Btw, where will they launch the platform? I assume in the US, since they already have an operating company there. Do they plan to expand their activities to other countries later on? they better expand if they succeed, otherwise they won't survive. other projects will take their place, but it's too early to tell. competition is even ruthless in the transport industry, if the project will be successful they will have to expand globally... |
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perhaps in the past there have been similar projects but in my opinion the strengths of dusk are to create their own network with safe and anonymous transactions that until now only few other projects have managed to offer, if the project will be successful, it will surely have a long-lasting front...
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the presale is about to begin (december) and project still not a finished product a mvp to show to possible investors, not only they(team) want to list already the tokens on some exchange in january i do not seem those are the right moves given the current market trend...
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I hate the fact that we have KYC now, although I do understand if you can't use the exchange without it.
KYC for participiate in ICO or KYC for trading on their future exchange? KYC for token sale needed almost every project nowdays. But for trading is nt a good idea. For example COSS needed KYC and they are not a popular, as a lot of exchanges without KYC and people want not pass KYC. I think for trading as well because otherwise the authorities think the exchange wil be used for money laundering. so will the kyc procedure be required but for both to invest in the ico and to be able to use the future exchange? in any case i do not like kyc at all, there are other important exchanges that do not require it at all, binance for classic exchanges, forkdelta decentralized ok are not hybrids and have no fiat but the competition i think will be very high... |
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In a market with the situation that we have, I see no competitor or other project ahead, because the certainty that there are already funds for development is attached to this project, I still hope for values coming, since the Community is growing, but I see the hope for a work in the next steps
That's true, they are in a very good position indeed. Apart from having funds they should know the market by now considering they have an operating company, so I see a lot of potential here. yes i believe that the project is currently in a good position i do not think there are other similar projects, and being in the industry they(team) know how to move in the environment, another point in favor of this project... |
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Seems like a solid project, but I can't fathom how one can possibly hope to create a scalable distributed network that can handle bulky media network traffic while also promising anonymity. People usually have a hard enough time tackling those problems separately.
I share your thoughts also but according to the team this is a research project and its normal that it has complexities. In this sense, we should rather trust the ability of the team to deliver it. i also believe that this project is basically a research project so very complex, i hope the team is able to complete it and offer a high quality network with unique features... |
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So it seems presale will be on december. I hope you start a good marketing campaign before it happens.
i hope the team has done a good advertising campaign on all possible crypto and non-crypto channels, so that the december presale can start in the best possible way... |
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yet another exchange is popping up from the dark Oo"
how many exchanges does the cryptocommunity need???
I have the same worry about the exchange market. Also, now it is harder to hold onto the market. For take some good share on the market, you need to make something very good comparing to other ones. I hope ternion can do. to be able to emerge, to succeed in a market with such competition as the exchange one, must offer exclusive services that others do not have, already be hybrid is a quality that many do not have, just hope ternion will offer unique features... |
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