What a raise! 25 mil. has actually not a small figure. The LOLLI team have done great things. Interesting, rewards style program when you checkout on a partner site, then get back bitcoin as a promotional reward. I'm sure that would attract a good deal of attention among crypto enthusiasts.
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Well it seems that Alan was right and crypto as whole will still see some big shakes and only the ones that are prepared for challenges of future will survive. It is very reassuring that DNotes was created and is being developed with that in mind Road ahead is still long, but at least we know that we are on the right path You make a great point Amadeus82. The road is indeed long, and the next year or two could see many well-funded projects begin to feel the squeeze of their funding reserves and subsequently need to review how they deploy their available capital. I've noticed many projects already doing this to ensure longer-term survival. Ethereum has dropped from its all-time-high of $1417 down to now some ~$180ish. The bulk of ICO projects that raised funds in the later phases of the crypto bull run will have discovered that their original investment may be only 15-40% what it was when they raised the funds, and they'll continue to draw from them at this reduced rate. As Warren Buffet said "When the tide goes out, you discover who has been swimming without any clothes." Agreed. As long as we stay the course, regardless of the ups and downs of our industry, and keep taking steps forward toward our goals, DNotes trajectory will eventually become unstoppable. Seemingly insurmountable objectives are overcome with strategic planning and positioning and perseverance. Hang tight, we are working hard in the background to ensure the future of DNotes.
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Wondering what DNotes is all about? Here’s the basics: What is DNotes?• DNotes is a digital currency with a purpose: to serve as a real currency that people can use in their daily lives - unlike other digital currencies that focus on solving niche problems, with no plan to become a real, usable currency. • The DNotes goal is simple: achieve mass adoption and become the world’s first accessible, inclusive, and financially empowering digital currency that benefits everyone around the globe. What are DNotes’ Benefits as a Currency?• DNotes is managed as a business – but not controlled as one. • DNotes success is driven by a profit-generating company, DNotes Global, created to promote mass adoption, protect the currency, and ensure sustainable growth. • DNotes’ unique CRISP savings program rewards DNotes owners with 0.5% interest, every month • DNotes offers staking rewards for stakeholders – at 2% a year. • DNotes provides blockchain invoicing features to simplify merchant acceptance and adoption of the digital currency. What Benefits Does DNotes Global Provide?DNotes Global protects DNotes and its stakeholders, promotes mass adoption, and creates value and utility for the digital currency, including a fully integrated ecosystem. The company provides a unique cross-ownership model, where DNotes will have 25% of DNotes Global (pre-dilution), while the for-profit business maintains a stake in the digital currency. DNotes Global generates profit, creating intrinsic value for the DNotes currency to help create a “floor” for the digital currency’s value. DNotes Global has plans to build a long-term competitive advantage by offering services that utilize DNotes. That strategy will also help to facilitate awareness and adoption of the DNotes currency. Long term competitive advantage DNotes Global will provide in offering services that utilize DNotes. What’s Next? Fully compliant Reg D 506 (c) crowdfunding followed by a Reg A+ Mini-IPO. DNotes Payment Solution Integration into Existing eCommerce Platforms Cold Staking Implementation & More Where can I learn more? Pitch Deck - https://dnotesglobal.com/PitchDeck.pptxPitch Deck Video - https://www.youtube.com/watch?v=XculeWKdbbEWhite Paper - https://dnotesglobal.com/white-paper/Website - http://dnotescoin.com/Blog - http://dnotescoin.com/blog-main-hub/ DNotes PayDNotes Pay DigitalUse: Selling individual products from a website that can be delivered automatically via a download link or directed to a specific webpage without collecting any information from the buyer. Integration: Can be integrated into any PHP website. Instructions: Edit address.txt and add your DNotes addresses, 1 per line. Edit index.php and change the 6 Config values at the top. Upload all files to your web site. Link to this page via hyperlink or button to accept payments. https://www.youtube.com/watch?v=4tLDY3RPSbc&t=545sFeatures: Universal PHP/Javascript script. No database required. Automatic payment confirmation and product delivery. No buyer information required. Script: https://github.com/DNotesCoin/dnotespay-digital-pocDNotes Pay Digital - Wordpress PluginUse: Selling any number of individual products from a Wordpress website that can be delivered automatically via a download link or directed to a specific webpage without collecting any information from the buyer. Integration: Can be integrated into any Wordpress website. Instructions: Download the plugin and install on your Wordpress website. Configure your DNotes Pay payment button. Place the shortcode where ever you would like on your Wordpress website to display the purchase button. https://www.youtube.com/watch?v=OqKmqHiIXGkFeatures: Easily install on any Wordpress website. Sell any number of individual products. Automatic payment confirmation and product delivery. No buyer information required. Download Plugin: https://github.com/DNotesCoin/dnotespay-wp-digital-poc/releasesSource: https://github.com/DNotesCoin/dnotespay-wp-digital-pocDNotes Pay SoftwareUse: Selling software on a Pay Per Period or lifetime purchase automatically and without collecting any information from the buyer. Integration: Can be integrated into any program, C# example provided. Instructions: For C# and .NET applications, modify the code example and integrate into your program. https://www.youtube.com/watch?v=9myDnwR7SF0Features: Automatically accept payments for use of your software. Novel Pay Per Period model. Add in any additional security your program may require. No additional requirements. Script: https://github.com/DNotesCoin/dnotespay-sw-pocDNotes Pay CheckoutUse: Selling products and services for DNotes in your own online shopping cart / web store. Instructions: https://github.com/DNotesCoin/dnotespay_checkout/blob/master/README.mdFeatures: Buyers do not have to wait for blockchain transaction confirmation to finalize their purchase. Minimal requirements, PHP and database capable hosting. Flexible solution, integrated with any checkout system including custom carts. Script: https://github.com/DNotesCoin/dnotespay_checkoutDNotes Pay Payment Gateway for WooCommerceUse: Accept payments in your WooCommerce eCommerce website. Instructions: https://github.com/DNotesCoin/dnotespay_payment_gateway_woocommerceFeatures: WooCommerce is a free and very easy to use and setup eCommerce platform. DNotes Pay extends the payment functionality to DNotes. No waiting for transactions, everything is processed on the back end. Script: https://wordpress.org/plugins/dnotes-pay-payment-gateway-for-woocommerce/ DNotes 2.0 Frequently Asked Questions: Q: What is new with DNotes 2.0?A: DNotes 2.0 is a major improvement on the original DNotes blockchain. The new blockchain will allow DNotes and its partner company DNotes Global to achieve its objective to connect DNotes to the modern world of finance and commerce. The new blockchain is faster, more secure, and consumes only a fraction of the electricity. It also allows custom invoices to be created and attached to transactions, and changes the economic incentives of the network to one that encourages savings with the switch to the Proof-Of-Stake algorithm, and paying 0.5% interest on balances that haven’t moved from a wallet address in a 30 day period (~6% per annum). Specifications POS 2% Annualized Staking Reward Individual blocks reward will be Current Total Coins / 525,600 * 0.02 60 Second Block Target 0.005 Transaction Fee Source: https://github.com/DNotesCoin/DNotes2.0Download Wallet: http://dnotescoin.com/#DownloadDirectory DNotes2 (C:\Users\USERNAME\AppData\Roaming\DNotes2 on Windows) CONF dnotes.conf (all lower case) DNotes 2.0 Features Switch to PoS CRISP Reward - 0.5% interest every 30 days. Awarded by address. Calculated on a 30 day cycle. Automated Invoicing (First Phase) - Integrated blockchain invoice number There will be a soft deadline where DNotes mined after that block will not be redeemable for 2.0 coins: 4/16/2018 Block# 2180897 133,574,552 Will be the total swappable amount of DNotes we create +20,000,000 Allocated to DNotes Global, Inc for Development & Growth Fund 153,574,552 Total DNotes 2.0 Created The next update (TBD) will include: Deferred Staking Q: How do I swap my coins? (after April 16th)A: The DNotes coin swap process will now be done through a private fork of the legacy DNotes blockchain. We have created this fork to ensure that legacy DNotes holders are still able to swap their legacy DNotes for DNotes 2.0 long after the deadline, in the event they missed the swap. This also ensures we will not be accepting newly purchased or mined DNotes, protecting our users and network. In order to swap your coins, you will need the following DNotes v1.3 wallet, which you can download here: http://dnotescoin.com/DNotes/dnotes-qt1-3.zipYou will need to copy your wallet.dat or wallet backup file to C:\Users\USERNAME\AppData\Roaming\DNotes1-3 directory, open the wallet application and allow it to update. Next, you will need an address to send your legacy DNotes in to for the coin swap, you can generate a legacy address with the following instructions: Create a DNotesVault.com account if you don’t already have one. Login to your DNotesVault.com account, and click the HISTORIC tab at the top. Click Create Address, and send your DNotes to the address you just created. Coin swaps will be processed once a month until further notice. Q: What is the cutoff date for mined DNotes that can be swapped to the new DNotes blockchain?A: We have set April 16th 2018 as the soft deadline. No DNotes mined after this date will be eligible to be swapped to DNotes running on the new blockchain. We will continue swap DNotes after that date, however the process will not be as easy and will take more time. Any DNotes 1.x purchased on exchanges after the 16th will not be eligible for the swap. Q: Will DNotes 2.0 be listed on new exchanges?We are currently listed on: https://mercatox.com/exchange/NOTE/BTChttps://stocks.exchange/trade/NOTE/BTChttps://www.nlexch.com/markets/notebtchttps://bitebtc.com/trade/note_btcBeta or Future Exchanges we are working with: https://blockbid.io/Q: Are the new DNotes 2.0 coins worth the same as the old coins?A: Yes, they are worth exactly the same. However we can not predict what price movements will occur at exchanges once DNotes is relisted using the new coins. Q: I have Mac or Specific Linux OS, will there be wallets for these? A: Yes! We currently have Windows / Mac / Linux Mint / Ubuntu Desktop wallets at DNotesCoin.com. If you need something else, please let us know. Q: Where is the block explorer? A: https://chainz.cryptoid.info/note/StakingQ: What is Staking?A: Staking your coins helps to support the DNotes network, and the network currently pays out roughly 5 DNotes every minute to one address on the network based on a probability that centers on how many coins the user is staking with as a percentage of the total number of coins being staked on the network. The DNotes network pays out ~2% of the total number of coins per annum. If 100% of DNotes were being used to stake on the network, then by probability each user could expect 2% growth in the number of coins they have. If only 50% of coins are used to stake, then those users could expect approximately 4% growth that year. Q: Can I stake my coins on the DNotesVault?A: You cannot currently stake your coins that are on the DNotesVault, you will need to withdraw your DNotes 2.0 to a local wallet and stake your coins from your local wallet. We will in a future release incorporate cold staking, which will allow you stake your coins while they are safely tucked away inside the DNotesVault. However, we do not have an ETA, it will be one of our highest priorities for next upgrades. Q: How do I stake?Disclaimer: It is recommended that you properly secure your computer and wallet, as well as make proper backups, before attempting to run your own staking wallet. Failure to properly secure your DNotes may result in loss or theft. If you are not familiar with the process, please start off small and familiarize yourself with the process. You will need to download the DNotes QT wallet here: http://dnotescoin.com/#DownloadInstall the wallet (and we recommend creating a backup, after encrypting your wallet) Go to settings, and then ‘encrypt wallet’. Enter your password twice (and do NOT forget it, or you will not be able to access the wallet and we can not help you). Go to settings, and then ‘unlock wallet’, enter your password, and select “for staking only”. This will prevent any transfers from being made from your wallet without the password while you stake your coins. Soon the arrow at the bottom will turn green. This means that your coins are now staking. Video: https://youtu.be/bR66LWPRzAUQ: How do I get the most out of my staking efforts? A: There is no trick to staking efficiently. The factors involved are your coin weight versus the network coin weight and coin weight is the number of coins currently staking. The age does not matter, nor does how you divide or move your coins around. Q: How much can I earn staking? A: That depends on how many coins you are staking and how many coins are being staked on the network. The blockchain distributes Current Total Coins / 525,600 * 0.02 every block, or every 60 seconds. You may calculate how often you are chosen to receive the block reward by dividing your network weight verse your weight. If network weight is 100, and your weight is 5, then you would be chosen for block reward 5 blocks out of every 100. CRISPQ: Can I get CRISP reward AND stake at the same time? A: Yes, the system is designed to allow you to receive CRISP on a wallet you are staking Q: What is the CRISP reward structure? A: CRISP periods are every 43,200 blocks (30 day target). Payments start 10,080 blocks (1 week target) from the end of the CRISP period. Q: What do I need to do to earn CRISP? A: Keep your coins in the same address for the full CRISP period 30 days, set every 43,200 blocks. Q: When will I receive CRISP payments? A: The next payouts are as follows: May 1 - Ends first CRISP period. May 8 - Payout starts. (Virtually no one will receive this payout) June 2 - Ends second CRISP period June 10 - Payout starts Roughly. Q: Do I get CRISP payments at the DNotesVault? A: Yes! You get CRISP inside the DNotesVault, or at any address you control, such as a Desktop wallet. Though I won't suspect you will be able to get CRISP rewards from the exchanges or other online providers. Q: Where do the CRISP coins come from? A: The blockchain, these are newly created coins and have now become part of the new coin distribution, just like the staking reward. Q: How do I earn the interest reward?A: Our Cryptocurrency Investment Savings Plan (CRISP) payouts occur approximately once per month. All coins that haven’t moved address during that month period will accrue a 0.5% interest, which compounds to roughly 6.17% per annum. If you move your coins during that time, those coins will not receive the interest for that month.
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new avatar for Dnotes, so are there bounties on the way now? Something like signature company with new Dnotes signature codes? I can't speak for DNotes, but DNotesEDU will not be doing any giveaways in the foreseeable future. We are always interested to hear proposals for bounties and giveaways. There are a couple of challenges when it comes to giveaways and bounties. Ensuring the program cannot be exploited and ensuring there is enough liquidity and market demand to support it, to name a few. Signature campaigns could be helpful, however it would have to be coupled with other programs to really draw in attention and participation to make it really worthwhile.
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CREX24 is another exchange you could look into ( https://crex24.com). It is currently smaller then Mercatox (UK) but belongs to the EU. Thanks AlCamus, they have a good deal of internet traffic and there is a footprint on the web about who they are and where they are registered. They also have a trading API. I've filled out their form and sent them a message.
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Wondering what DNotes is all about? Here’s the basics: What is DNotes?• DNotes is a digital currency with a purpose: to serve as a real currency that people can use in their daily lives - unlike other digital currencies that focus on solving niche problems, with no plan to become a real, usable currency. • The DNotes goal is simple: achieve mass adoption and become the world’s first accessible, inclusive, and financially empowering digital currency that benefits everyone around the globe. What are DNotes’ Benefits as a Currency?• DNotes is managed as a business – but not controlled as one. • DNotes success is driven by a profit-generating company, DNotes Global, created to promote mass adoption, protect the currency, and ensure sustainable growth. • DNotes’ unique CRISP savings program rewards DNotes owners with 0.5% interest, every month • DNotes offers staking rewards for stakeholders – at 2% a year. • DNotes provides blockchain invoicing features to simplify merchant acceptance and adoption of the digital currency. What Benefits Does DNotes Global Provide?DNotes Global protects DNotes and its stakeholders, promotes mass adoption, and creates value and utility for the digital currency, including a fully integrated ecosystem. The company provides a unique cross-ownership model, with DNotes owning 25% of DNotes Global (pre-dilution), while the for-profit business maintains a stake in the digital currency. DNotes Global generates profit, creating intrinsic value for the DNotes currency to help create a “floor” for the digital currency’s value. DNotes Global has plans to build a long-term competitive advantage by offering services that utilize DNotes. That strategy will also help to facilitate awareness and adoption of the DNotes currency. Long term competitive advantage DNotes Global will provide in offering services that utilize DNotes. What’s Next? Fully compliant Reg D 506 (c) crowdfunding followed by a Reg A+ Mini-IPO. DNotes Payment Solution Integration into Existing eCommerce Platforms Cold Staking Implementation & More Where can I learn more? Pitch Deck - https://dnotesglobal.com/PitchDeck.pptxPitch Deck Video - https://www.youtube.com/watch?v=XculeWKdbbEWhite Paper - https://dnotesglobal.com/white-paper/Website - http://dnotescoin.com/Blog - http://dnotescoin.com/blog-main-hub/ DNotes PayDNotes Pay DigitalUse: Selling individual products from a website that can be delivered automatically via a download link or directed to a specific webpage without collecting any information from the buyer. Integration: Can be integrated into any PHP website. Instructions: Edit address.txt and add your DNotes addresses, 1 per line. Edit index.php and change the 6 Config values at the top. Upload all files to your web site. Link to this page via hyperlink or button to accept payments. https://www.youtube.com/watch?v=4tLDY3RPSbc&t=545sFeatures: Universal PHP/Javascript script. No database required. Automatic payment confirmation and product delivery. No buyer information required. Script: https://github.com/DNotesCoin/dnotespay-digital-pocDNotes Pay Digital - Wordpress PluginUse: Selling any number of individual products from a Wordpress website that can be delivered automatically via a download link or directed to a specific webpage without collecting any information from the buyer. Integration: Can be integrated into any Wordpress website. Instructions: Download the plugin and install on your Wordpress website. Configure your DNotes Pay payment button. Place the shortcode where ever you would like on your Wordpress website to display the purchase button. https://www.youtube.com/watch?v=OqKmqHiIXGkFeatures: Easily install on any Wordpress website. Sell any number of individual products. Automatic payment confirmation and product delivery. No buyer information required. Download Plugin: https://github.com/DNotesCoin/dnotespay-wp-digital-poc/releasesSource: https://github.com/DNotesCoin/dnotespay-wp-digital-pocDNotes Pay SoftwareUse: Selling software on a Pay Per Period or lifetime purchase automatically and without collecting any information from the buyer. Integration: Can be integrated into any program, C# example provided. Instructions: For C# and .NET applications, modify the code example and integrate into your program. https://www.youtube.com/watch?v=9myDnwR7SF0Features: Automatically accept payments for use of your software. Novel Pay Per Period model. Add in any additional security your program may require. No additional requirements. Script: https://github.com/DNotesCoin/dnotespay-sw-pocDNotes Pay CheckoutUse: Selling products and services for DNotes in your own online shopping cart / web store. Instructions: https://github.com/DNotesCoin/dnotespay_checkout/blob/master/README.mdFeatures: Buyers do not have to wait for blockchain transaction confirmation to finalize their purchase. Minimal requirements, PHP and database capable hosting. Flexible solution, integrated with any checkout system including custom carts. Script: https://github.com/DNotesCoin/dnotespay_checkoutDNotes Pay Payment Gateway for WooCommerceUse: Accept payments in your WooCommerce eCommerce website. Instructions: https://github.com/DNotesCoin/dnotespay_payment_gateway_woocommerceFeatures: WooCommerce is a free and very easy to use and setup eCommerce platform. DNotes Pay extends the payment functionality to DNotes. No waiting for transactions, everything is processed on the back end. Script: https://wordpress.org/plugins/dnotes-pay-payment-gateway-for-woocommerce/ DNotes 2.0 Frequently Asked Questions: Q: What is new with DNotes 2.0?A: DNotes 2.0 is a major improvement on the original DNotes blockchain. The new blockchain will allow DNotes and its partner company DNotes Global to achieve its objective to connect DNotes to the modern world of finance and commerce. The new blockchain is faster, more secure, and consumes only a fraction of the electricity. It also allows custom invoices to be created and attached to transactions, and changes the economic incentives of the network to one that encourages savings with the switch to the Proof-Of-Stake algorithm, and paying 0.5% interest on balances that haven’t moved from a wallet address in a 30 day period (~6% per annum). Specifications POS 2% Annualized Staking Reward Individual blocks reward will be Current Total Coins / 525,600 * 0.02 60 Second Block Target 0.005 Transaction Fee Source: https://github.com/DNotesCoin/DNotes2.0Download Wallet: http://dnotescoin.com/#DownloadDirectory DNotes2 (C:\Users\USERNAME\AppData\Roaming\DNotes2 on Windows) CONF dnotes.conf (all lower case) DNotes 2.0 Features Switch to PoS CRISP Reward - 0.5% interest every 30 days. Awarded by address. Calculated on a 30 day cycle. Automated Invoicing (First Phase) - Integrated blockchain invoice number There will be a soft deadline where DNotes mined after that block will not be redeemable for 2.0 coins: 4/16/2018 Block# 2180897 133,574,552 Will be the total swappable amount of DNotes we create +20,000,000 Allocated to DNotes Global, Inc for Development & Growth Fund 153,574,552 Total DNotes 2.0 Created The next update (TBD) will include: Deferred Staking Q: How do I swap my coins? (after April 16th)A: The DNotes coin swap process will now be done through a private fork of the legacy DNotes blockchain. We have created this fork to ensure that legacy DNotes holders are still able to swap their legacy DNotes for DNotes 2.0 long after the deadline, in the event they missed the swap. This also ensures we will not be accepting newly purchased or mined DNotes, protecting our users and network. In order to swap your coins, you will need the following DNotes v1.3 wallet, which you can download here: http://dnotescoin.com/DNotes/dnotes-qt1-3.zipYou will need to copy your wallet.dat or wallet backup file to C:\Users\USERNAME\AppData\Roaming\DNotes1-3 directory, open the wallet application and allow it to update. Next, you will need an address to send your legacy DNotes in to for the coin swap, you can generate a legacy address with the following instructions: Create a DNotesVault.com account if you don’t already have one. Login to your DNotesVault.com account, and click the HISTORIC tab at the top. Click Create Address, and send your DNotes to the address you just created. Coin swaps will be processed once a month until further notice. Q: What is the cutoff date for mined DNotes that can be swapped to the new DNotes blockchain?A: We have set April 16th 2018 as the soft deadline. No DNotes mined after this date will be eligible to be swapped to DNotes running on the new blockchain. We will continue swap DNotes after that date, however the process will not be as easy and will take more time. Any DNotes 1.x purchased on exchanges after the 16th will not be eligible for the swap. Q: Will DNotes 2.0 be listed on new exchanges?We are currently listed on: https://mercatox.com/exchange/NOTE/BTChttps://stocks.exchange/trade/NOTE/BTChttps://www.nlexch.com/markets/notebtchttps://bitebtc.com/trade/note_btcBeta or Future Exchanges we are working with: https://blockbid.io/Q: Are the new DNotes 2.0 coins worth the same as the old coins?A: Yes, they are worth exactly the same. However we can not predict what price movements will occur at exchanges once DNotes is relisted using the new coins. Q: I have Mac or Specific Linux OS, will there be wallets for these? A: Yes! We currently have Windows / Mac / Linux Mint / Ubuntu Desktop wallets at DNotesCoin.com. If you need something else, please let us know. Q: Where is the block explorer? A: https://chainz.cryptoid.info/note/StakingQ: What is Staking?A: Staking your coins helps to support the DNotes network, and the network currently pays out roughly 5 DNotes every minute to one address on the network based on a probability that centers on how many coins the user is staking with as a percentage of the total number of coins being staked on the network. The DNotes network pays out ~2% of the total number of coins per annum. If 100% of DNotes were being used to stake on the network, then by probability each user could expect 2% growth in the number of coins they have. If only 50% of coins are used to stake, then those users could expect approximately 4% growth that year. Q: Can I stake my coins on the DNotesVault?A: You cannot currently stake your coins that are on the DNotesVault, you will need to withdraw your DNotes 2.0 to a local wallet and stake your coins from your local wallet. We will in a future release incorporate cold staking, which will allow you stake your coins while they are safely tucked away inside the DNotesVault. However, we do not have an ETA, it will be one of our highest priorities for next upgrades. Q: How do I stake?Disclaimer: It is recommended that you properly secure your computer and wallet, as well as make proper backups, before attempting to run your own staking wallet. Failure to properly secure your DNotes may result in loss or theft. If you are not familiar with the process, please start off small and familiarize yourself with the process. You will need to download the DNotes QT wallet here: http://dnotescoin.com/#DownloadInstall the wallet (and we recommend creating a backup, after encrypting your wallet) Go to settings, and then ‘encrypt wallet’. Enter your password twice (and do NOT forget it, or you will not be able to access the wallet and we can not help you). Go to settings, and then ‘unlock wallet’, enter your password, and select “for staking only”. This will prevent any transfers from being made from your wallet without the password while you stake your coins. Soon the arrow at the bottom will turn green. This means that your coins are now staking. Video: https://youtu.be/bR66LWPRzAUQ: How do I get the most out of my staking efforts? A: There is no trick to staking efficiently. The factors involved are your coin weight versus the network coin weight and coin weight is the number of coins currently staking. The age does not matter, nor does how you divide or move your coins around. Q: How much can I earn staking? A: That depends on how many coins you are staking and how many coins are being staked on the network. The blockchain distributes Current Total Coins / 525,600 * 0.02 every block, or every 60 seconds. You may calculate how often you are chosen to receive the block reward by dividing your network weight verse your weight. If network weight is 100, and your weight is 5, then you would be chosen for block reward 5 blocks out of every 100. CRISPQ: Can I get CRISP reward AND stake at the same time? A: Yes, the system is designed to allow you to receive CRISP on a wallet you are staking Q: What is the CRISP reward structure? A: CRISP periods are every 43,200 blocks (30 day target). Payments start 10,080 blocks (1 week target) from the end of the CRISP period. Q: What do I need to do to earn CRISP? A: Keep your coins in the same address for the full CRISP period 30 days, set every 43,200 blocks. Q: When will I receive CRISP payments? A: The next payouts are as follows: May 1 - Ends first CRISP period. May 8 - Payout starts. (Virtually no one will receive this payout) June 2 - Ends second CRISP period June 10 - Payout starts Roughly. Q: Do I get CRISP payments at the DNotesVault? A: Yes! You get CRISP inside the DNotesVault, or at any address you control, such as a Desktop wallet. Though I won't suspect you will be able to get CRISP rewards from the exchanges or other online providers. Q: Where do the CRISP coins come from? A: The blockchain, these are newly created coins and have now become part of the new coin distribution, just like the staking reward. Q: How do I earn the interest reward?A: Our Cryptocurrency Investment Savings Plan (CRISP) payouts occur approximately once per month. All coins that haven’t moved address during that month period will accrue a 0.5% interest, which compounds to roughly 6.17% per annum. If you move your coins during that time, those coins will not receive the interest for that month.
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Very good article I have been in crypto long enough to also notice thing like that and also many other scams that often happen in crypto Because of that, I must say that now I am much more careful now when selecting in which project to invest and who to trust. DNotes is at the moment one of the really few project in which I completely trust I'm sure that very exciting times are ahead of us I believe that is an industry wide sentiment. A lot of confusion and hype have created an environment where many people have gotten or are getting hurt investing. Many have gotten lucky too and though I'm sure there is money to be made in most investments it takes a great deal of knowledge and trading skill, fighting against professional traders. Finding a project that you can trust, has a great plan and knows where they are heading, is likely the best investment option for anyone looking to invest in cryptocurrency.
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Well done Brandon, the issue is still widespread and rampant in the industry. It is far too easy to just launch a project and create a bunch of fake hype. Well-meaning supporters urge us into competing on the same level, but it's just not congruent with our vision for DNotes. However, I believe we are in the middle of a transition period anyway, where real projects with substance are highly preferred.
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Excellent article for DNotesEDU and thank you to all veterans! Today is Veterans Day in the US, a day to celebrate all veterans who served in the military and defending our way of life. I have a great deal of respect and gratitude for them.
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What constitutes a security: 1) It is an investment of money 2) There is an expectation of profits from the investment 3) The investment of money is in a common enterprise 4) Any profit comes from the efforts of a promoter or third party
Why DNotes is not a security: 1) DNotes currency can only be purchased from existing DNotes stakeholders who are willing to sell; no money is invested in DNotes as a result of these transactions. 2) It has been made quite clear that the free market dictates the price of DNotes, and that no investment is a sure thing. DNotes is only worth the price people are willing buy or sell it for on the open market. 3) Since all DNotes transactions are independent deals conducted by a willing buyer and seller on the open market, there is no investment taking place. 4) Any profit generated by third parties participating in the DNotes cryptocurrency network is theirs to keep.
Those are all great points. DNotes are not issued and sold as an investment in a common enterprise.
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Yep, they want not only a legal opinion regarding the US securities laws, but also "legal opinion letter from a Maltese law firm confirming that the token is a Virtual Financial Asset (VFA) and not a financial instrument". Which at the surface level seems a bit confusing, because if it's not a financial instrument nor a security, then what is it. I'm no lawyer though, so there may be a more nuanced answer for these questions. Many of our top picks, including: Bittrex, Binance, Kucoin, Poloniex, Kraken, all ask for a US securities legal opinion. We are working on it and so far the discussion with legal seems pretty positive, but we have to wait and see. A couple of other options could be: Bibox, Upbit, Digifinex, Gate.io, Lbank, and as you suggested LAToken. Many of those do not ask for a legal opinion, have decent volume for a variety of coins, and at least a good deal of traffic. It looks like a lot of people and organizations are having difficulty trying to interpret the security regulations of their own countries, never mind how regulations from foreign countries may affect them. As far as being classified as a "financial instrument" in Malta, I found this article from the Malta Times that sheds a bit of light on the question: Financial Instruments Test Guidelines – getting tested"Definition under MiFID excludes Instrument of Payment and therefore if DLT asset satisfies this definition it is not deemed to be a Financial Instrument."https://www.timesofmalta.com/articles/view/20181007/business-news/financial-instruments-test-guidelines-getting-tested.690971The guideline also states that if it is not a financial instrument, it must be determined whether or not it is electronic money. The answer to this would be no. "The value of electronic money is established by its fiat currency which makes it different from emerging cryptocurrencies. Electronic money is backed by the central bank system. However, In the United States, only a small fraction of the currency is utilized in physical form. The remaining percentage of it is held in bank vaults and also against collateral."Electronic Money https://www.investopedia.com/terms/e/electronic-money.asp#ixzz5WTCWWeUF As far as I know, DNotes is one of the only cryptocurrency / token / etc.. that has held steadfast in it's promise to deliver (and has a record of delivering) a global digital currency ("instrument of payment") that is available to everyone. Thanks Chase, good to see you! Hope you are doing well. Great find, that certainly gives it a little more clarity.
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Wondering what DNotes is all about? Here’s the basics: What is DNotes?• DNotes is a digital currency with a purpose: to serve as a real currency that people can use in their daily lives - unlike other digital currencies that focus on solving niche problems, with no plan to become a real, usable currency. • The DNotes goal is simple: achieve mass adoption and become the world’s first accessible, inclusive, and financially empowering digital currency that benefits everyone around the globe. What are DNotes’ Benefits as a Currency?• DNotes is managed as a business – but not controlled as one. • DNotes success is driven by a profit-generating company, DNotes Global, created to promote mass adoption, protect the currency, and ensure sustainable growth. • DNotes’ unique CRISP savings program rewards DNotes owners with 0.5% interest, every month • DNotes offers staking rewards for stakeholders – at 2% a year. • DNotes provides blockchain invoicing features to simplify merchant acceptance and adoption of the digital currency. What Benefits Does DNotes Global Provide?DNotes Global protects DNotes and its stakeholders, promotes mass adoption, and creates value and utility for the digital currency, including a fully integrated ecosystem. The company provides a unique cross-ownership model, with DNotes owning 25% of DNotes Global (pre-dilution), while the for-profit business maintains a stake in the digital currency. DNotes Global generates profit, creating intrinsic value for the DNotes currency to help create a “floor” for the digital currency’s value. DNotes Global has plans to build a long-term competitive advantage by offering services that utilize DNotes. That strategy will also help to facilitate awareness and adoption of the DNotes currency. Long term competitive advantage DNotes Global will provide in offering services that utilize DNotes. What’s Next? Fully compliant Reg D 506 (c) crowdfunding followed by a Reg A+ Mini-IPO. DNotes Payment Solution Integration into Existing eCommerce Platforms Cold Staking Implementation & More Where can I learn more? Pitch Deck - https://dnotesglobal.com/PitchDeck.pptxPitch Deck Video - https://www.youtube.com/watch?v=XculeWKdbbEWhite Paper - https://dnotesglobal.com/white-paper/Website - http://dnotescoin.com/Blog - http://dnotescoin.com/blog-main-hub/ DNotes PayDNotes Pay DigitalUse: Selling individual products from a website that can be delivered automatically via a download link or directed to a specific webpage without collecting any information from the buyer. Integration: Can be integrated into any PHP website. Instructions: Edit address.txt and add your DNotes addresses, 1 per line. Edit index.php and change the 6 Config values at the top. Upload all files to your web site. Link to this page via hyperlink or button to accept payments. https://www.youtube.com/watch?v=4tLDY3RPSbc&t=545sFeatures: Universal PHP/Javascript script. No database required. Automatic payment confirmation and product delivery. No buyer information required. Script: https://github.com/DNotesCoin/dnotespay-digital-pocDNotes Pay Digital - Wordpress PluginUse: Selling any number of individual products from a Wordpress website that can be delivered automatically via a download link or directed to a specific webpage without collecting any information from the buyer. Integration: Can be integrated into any Wordpress website. Instructions: Download the plugin and install on your Wordpress website. Configure your DNotes Pay payment button. Place the shortcode where ever you would like on your Wordpress website to display the purchase button. https://www.youtube.com/watch?v=OqKmqHiIXGkFeatures: Easily install on any Wordpress website. Sell any number of individual products. Automatic payment confirmation and product delivery. No buyer information required. Download Plugin: https://github.com/DNotesCoin/dnotespay-wp-digital-poc/releasesSource: https://github.com/DNotesCoin/dnotespay-wp-digital-pocDNotes Pay SoftwareUse: Selling software on a Pay Per Period or lifetime purchase automatically and without collecting any information from the buyer. Integration: Can be integrated into any program, C# example provided. Instructions: For C# and .NET applications, modify the code example and integrate into your program. https://www.youtube.com/watch?v=9myDnwR7SF0Features: Automatically accept payments for use of your software. Novel Pay Per Period model. Add in any additional security your program may require. No additional requirements. Script: https://github.com/DNotesCoin/dnotespay-sw-pocDNotes Pay CheckoutUse: Selling products and services for DNotes in your own online shopping cart / web store. Instructions: https://github.com/DNotesCoin/dnotespay_checkout/blob/master/README.mdFeatures: Buyers do not have to wait for blockchain transaction confirmation to finalize their purchase. Minimal requirements, PHP and database capable hosting. Flexible solution, integrated with any checkout system including custom carts. Script: https://github.com/DNotesCoin/dnotespay_checkoutDNotes Pay Payment Gateway for WooCommerceUse: Accept payments in your WooCommerce eCommerce website. Instructions: https://github.com/DNotesCoin/dnotespay_payment_gateway_woocommerceFeatures: WooCommerce is a free and very easy to use and setup eCommerce platform. DNotes Pay extends the payment functionality to DNotes. No waiting for transactions, everything is processed on the back end. Script: https://wordpress.org/plugins/dnotes-pay-payment-gateway-for-woocommerce/ DNotes 2.0 Frequently Asked Questions: Q: What is new with DNotes 2.0?A: DNotes 2.0 is a major improvement on the original DNotes blockchain. The new blockchain will allow DNotes and its partner company DNotes Global to achieve its objective to connect DNotes to the modern world of finance and commerce. The new blockchain is faster, more secure, and consumes only a fraction of the electricity. It also allows custom invoices to be created and attached to transactions, and changes the economic incentives of the network to one that encourages savings with the switch to the Proof-Of-Stake algorithm, and paying 0.5% interest on balances that haven’t moved from a wallet address in a 30 day period (~6% per annum). Specifications POS 2% Annualized Staking Reward Individual blocks reward will be Current Total Coins / 525,600 * 0.02 60 Second Block Target 0.005 Transaction Fee Source: https://github.com/DNotesCoin/DNotes2.0Download Wallet: http://dnotescoin.com/#DownloadDirectory DNotes2 (C:\Users\USERNAME\AppData\Roaming\DNotes2 on Windows) CONF dnotes.conf (all lower case) DNotes 2.0 Features Switch to PoS CRISP Reward - 0.5% interest every 30 days. Awarded by address. Calculated on a 30 day cycle. Automated Invoicing (First Phase) - Integrated blockchain invoice number There will be a soft deadline where DNotes mined after that block will not be redeemable for 2.0 coins: 4/16/2018 Block# 2180897 133,574,552 Will be the total swappable amount of DNotes we create +20,000,000 Allocated to DNotes Global, Inc for Development & Growth Fund 153,574,552 Total DNotes 2.0 Created The next update (TBD) will include: Deferred Staking Q: How do I swap my coins? (after April 16th)A: The DNotes coin swap process will now be done through a private fork of the legacy DNotes blockchain. We have created this fork to ensure that legacy DNotes holders are still able to swap their legacy DNotes for DNotes 2.0 long after the deadline, in the event they missed the swap. This also ensures we will not be accepting newly purchased or mined DNotes, protecting our users and network. In order to swap your coins, you will need the following DNotes v1.3 wallet, which you can download here: http://dnotescoin.com/DNotes/dnotes-qt1-3.zipYou will need to copy your wallet.dat or wallet backup file to C:\Users\USERNAME\AppData\Roaming\DNotes1-3 directory, open the wallet application and allow it to update. Next, you will need an address to send your legacy DNotes in to for the coin swap, you can generate a legacy address with the following instructions: Create a DNotesVault.com account if you don’t already have one. Login to your DNotesVault.com account, and click the HISTORIC tab at the top. Click Create Address, and send your DNotes to the address you just created. Coin swaps will be processed once a month until further notice. Q: What is the cutoff date for mined DNotes that can be swapped to the new DNotes blockchain?A: We have set April 16th 2018 as the soft deadline. No DNotes mined after this date will be eligible to be swapped to DNotes running on the new blockchain. We will continue swap DNotes after that date, however the process will not be as easy and will take more time. Any DNotes 1.x purchased on exchanges after the 16th will not be eligible for the swap. Q: Will DNotes 2.0 be listed on new exchanges?We are currently listed on: https://mercatox.com/exchange/NOTE/BTChttps://stocks.exchange/trade/NOTE/BTChttps://www.nlexch.com/markets/notebtchttps://bitebtc.com/trade/note_btcBeta or Future Exchanges we are working with: https://blockbid.io/Q: Are the new DNotes 2.0 coins worth the same as the old coins?A: Yes, they are worth exactly the same. However we can not predict what price movements will occur at exchanges once DNotes is relisted using the new coins. Q: I have Mac or Specific Linux OS, will there be wallets for these? A: Yes! We currently have Windows / Mac / Linux Mint / Ubuntu Desktop wallets at DNotesCoin.com. If you need something else, please let us know. Q: Where is the block explorer? A: https://chainz.cryptoid.info/note/StakingQ: What is Staking?A: Staking your coins helps to support the DNotes network, and the network currently pays out roughly 5 DNotes every minute to one address on the network based on a probability that centers on how many coins the user is staking with as a percentage of the total number of coins being staked on the network. The DNotes network pays out ~2% of the total number of coins per annum. If 100% of DNotes were being used to stake on the network, then by probability each user could expect 2% growth in the number of coins they have. If only 50% of coins are used to stake, then those users could expect approximately 4% growth that year. Q: Can I stake my coins on the DNotesVault?A: You cannot currently stake your coins that are on the DNotesVault, you will need to withdraw your DNotes 2.0 to a local wallet and stake your coins from your local wallet. We will in a future release incorporate cold staking, which will allow you stake your coins while they are safely tucked away inside the DNotesVault. However, we do not have an ETA, it will be one of our highest priorities for next upgrades. Q: How do I stake?Disclaimer: It is recommended that you properly secure your computer and wallet, as well as make proper backups, before attempting to run your own staking wallet. Failure to properly secure your DNotes may result in loss or theft. If you are not familiar with the process, please start off small and familiarize yourself with the process. You will need to download the DNotes QT wallet here: http://dnotescoin.com/#DownloadInstall the wallet (and we recommend creating a backup, after encrypting your wallet) Go to settings, and then ‘encrypt wallet’. Enter your password twice (and do NOT forget it, or you will not be able to access the wallet and we can not help you). Go to settings, and then ‘unlock wallet’, enter your password, and select “for staking only”. This will prevent any transfers from being made from your wallet without the password while you stake your coins. Soon the arrow at the bottom will turn green. This means that your coins are now staking. Video: https://youtu.be/bR66LWPRzAUQ: How do I get the most out of my staking efforts? A: There is no trick to staking efficiently. The factors involved are your coin weight versus the network coin weight and coin weight is the number of coins currently staking. The age does not matter, nor does how you divide or move your coins around. Q: How much can I earn staking? A: That depends on how many coins you are staking and how many coins are being staked on the network. The blockchain distributes Current Total Coins / 525,600 * 0.02 every block, or every 60 seconds. You may calculate how often you are chosen to receive the block reward by dividing your network weight verse your weight. If network weight is 100, and your weight is 5, then you would be chosen for block reward 5 blocks out of every 100. CRISPQ: Can I get CRISP reward AND stake at the same time? A: Yes, the system is designed to allow you to receive CRISP on a wallet you are staking Q: What is the CRISP reward structure? A: CRISP periods are every 43,200 blocks (30 day target). Payments start 10,080 blocks (1 week target) from the end of the CRISP period. Q: What do I need to do to earn CRISP? A: Keep your coins in the same address for the full CRISP period 30 days, set every 43,200 blocks. Q: When will I receive CRISP payments? A: The next payouts are as follows: May 1 - Ends first CRISP period. May 8 - Payout starts. (Virtually no one will receive this payout) June 2 - Ends second CRISP period June 10 - Payout starts Roughly. Q: Do I get CRISP payments at the DNotesVault? A: Yes! You get CRISP inside the DNotesVault, or at any address you control, such as a Desktop wallet. Though I won't suspect you will be able to get CRISP rewards from the exchanges or other online providers. Q: Where do the CRISP coins come from? A: The blockchain, these are newly created coins and have now become part of the new coin distribution, just like the staking reward. Q: How do I earn the interest reward?A: Our Cryptocurrency Investment Savings Plan (CRISP) payouts occur approximately once per month. All coins that haven’t moved address during that month period will accrue a 0.5% interest, which compounds to roughly 6.17% per annum. If you move your coins during that time, those coins will not receive the interest for that month.
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Yep, they want not only a legal opinion regarding the US securities laws, but also "legal opinion letter from a Maltese law firm confirming that the token is a Virtual Financial Asset (VFA) and not a financial instrument". Which at the surface level seems a bit confusing, because if it's not a financial instrument nor a security, then what is it. I'm no lawyer though, so there may be a more nuanced answer for these questions. Many of our top picks, including: Bittrex, Binance, Kucoin, Poloniex, Kraken, all ask for a US securities legal opinion. We are working on it and so far the discussion with legal seems pretty positive, but we have to wait and see. A couple of other options could be: Bibox, Upbit, Digifinex, Gate.io, Lbank, and as you suggested LAToken. Many of those do not ask for a legal opinion, have decent volume for a variety of coins, and at least a good deal of traffic.
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Thanks AlCamus, I've had a conference call with them in the past and was unable to come to an agreement beneficial to both parties. I have emailed them now to revisit the listing of DNotes.
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Our entire community has been doing a great job for nearly five years to keep everyone informed about cryptocurrency in a way to grounds people in realistic expectations without the bias that getting news from the mainstream media will yield.
Our efforts are only going to ramp up from here. A track record of doing things the right way and knowing what is going to happen next adds a lot of credibility to cause and will bring many new users. I expect great things from DNotesEDU, and DCEBrief will continue doing all that it can to keep everyone informed with timely news, and unparalleled insights (many of our Op-Eds are indisputably better [contain original thought and unique insights] than what is generally published in the industry). All we need now is the right people, and the resources for rapid expansion.
With a full writing staff / editorial team, our education and news resources will be a unrivaled class act.
It is amazing what we have been able to accomplish and you are right it will only accelerate from here as we build new partnerships and reach new people. All we have done has been accomplished very resource efficient and that is a trend that will continue once we have secured funding. We have started another round of reaching out to the exchanges selectively in an effort to be listed on larger exchanges as well and to improve our exposure. Nice to hear about reaching out to exchanges Getting listed on larger exchange would be a big step forward Let us know if we, as a community can help you with that matter Any solid exchange recommendations would be helpful. We are looking for exchanges that have volume in more than just a handful of markets, ones with real and verifiable people behind them and real company information, and not only volume but web traffic as well. A good example would be Liquid exchange, which I have just recently identified as a good candidate for our list. They have decent volume, corresponding web traffic, and it is easy to find the people who run the exchange and information about them. Not that these are strict guidelines, but helpful in determining which ones to work with. Also, any effort to request DNotes at these exchanges would show community support, which is often one of the factors that is important to the exchanges. I know our community has supported us significantly before, and a major factor for getting us listed on exchanges like PoloniEx, Cryptsy, Mintpal, and CryptoRush. These were significant exchanges at the time and DNotes was in the millions of daily volume, it is very unfortunate that they are mostly no longer around, with the exception of PoloniEx, and I think CryptoRush may have made an effort to re-launch. We are now limited in volume comparatively and I believe most of that is related to our exchange presence. I did recently receive word that BlockBid is progressing, slower than anticipated as is usually the case with any project, but I expect we could be listed there soon.
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Our entire community has been doing a great job for nearly five years to keep everyone informed about cryptocurrency in a way to grounds people in realistic expectations without the bias that getting news from the mainstream media will yield.
Our efforts are only going to ramp up from here. A track record of doing things the right way and knowing what is going to happen next adds a lot of credibility to cause and will bring many new users. I expect great things from DNotesEDU, and DCEBrief will continue doing all that it can to keep everyone informed with timely news, and unparalleled insights (many of our Op-Eds are indisputably better [contain original thought and unique insights] than what is generally published in the industry). All we need now is the right people, and the resources for rapid expansion.
With a full writing staff / editorial team, our education and news resources will be a unrivaled class act.
It is amazing what we have been able to accomplish and you are right it will only accelerate from here as we build new partnerships and reach new people. All we have done has been accomplished very resource efficient and that is a trend that will continue once we have secured funding. We have started another round of reaching out to the exchanges selectively in an effort to be listed on larger exchanges as well and to improve our exposure.
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Alan highlighted on the LifeBoat Foundation website and invited to participate for DNotes role in the future of money. Very well researched write up and bio. https://lifeboat.com/ex/bios.alan.yong
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Great working bringing the issue of fraud to the attention of many DNotesEDU. Hopefully together we can build a much more trustworty industry. Being rated among the most trustworthy companies recently by Silicon Review is a start for us, but as we become more well known, it will be as a globally trusted brand. Thank you for your words of support, DNotesEDU has been providing free material to the public since 2015; having worked diligently to dispel many of the myths that have pervaded the industry and confused the public. DNotesEDU is currently an independent organization held in sole proprietorship, but there are plans for further integration with DNotes Global and DNotes cryptocurrency when the timing is right. We appreciate all the hard work that has been put into DNotesEDU, the site is a wealth of information and very well structured. The perfect place to dive into cryptocurrency and spend a few days learning, even with very little knowledge to start. You guys have done an amazing job.
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Wondering what DNotes is all about? Here’s the basics: What is DNotes?• DNotes is a digital currency with a purpose: to serve as a real currency that people can use in their daily lives - unlike other digital currencies that focus on solving niche problems, with no plan to become a real, usable currency. • The DNotes goal is simple: achieve mass adoption and become the world’s first accessible, inclusive, and financially empowering digital currency that benefits everyone around the globe. What are DNotes’ Benefits as a Currency?• DNotes is managed as a business – but not controlled as one. • DNotes success is driven by a profit-generating company, DNotes Global, created to promote mass adoption, protect the currency, and ensure sustainable growth. • DNotes’ unique CRISP savings program rewards DNotes owners with 0.5% interest, every month • DNotes offers staking rewards for stakeholders – at 2% a year. • DNotes provides blockchain invoicing features to simplify merchant acceptance and adoption of the digital currency. What Benefits Does DNotes Global Provide?DNotes Global protects DNotes and its stakeholders, promotes mass adoption, and creates value and utility for the digital currency, including a fully integrated ecosystem. The company provides a unique cross-ownership model, with DNotes owning 25% of DNotes Global (pre-dilution), while the for-profit business maintains a stake in the digital currency. DNotes Global generates profit, creating intrinsic value for the DNotes currency to help create a “floor” for the digital currency’s value. DNotes Global has plans to build a long-term competitive advantage by offering services that utilize DNotes. That strategy will also help to facilitate awareness and adoption of the DNotes currency. Long term competitive advantage DNotes Global will provide in offering services that utilize DNotes. What’s Next? Fully compliant Reg D 506 (c) crowdfunding followed by a Reg A+ Mini-IPO. DNotes Payment Solution Integration into Existing eCommerce Platforms Cold Staking Implementation & More Where can I learn more? Pitch Deck - https://dnotesglobal.com/PitchDeck.pptxPitch Deck Video - https://www.youtube.com/watch?v=XculeWKdbbEWhite Paper - https://dnotesglobal.com/white-paper/Website - http://dnotescoin.com/Blog - http://dnotescoin.com/blog-main-hub/ DNotes PayDNotes Pay DigitalUse: Selling individual products from a website that can be delivered automatically via a download link or directed to a specific webpage without collecting any information from the buyer. Integration: Can be integrated into any PHP website. Instructions: Edit address.txt and add your DNotes addresses, 1 per line. Edit index.php and change the 6 Config values at the top. Upload all files to your web site. Link to this page via hyperlink or button to accept payments. https://www.youtube.com/watch?v=4tLDY3RPSbc&t=545sFeatures: Universal PHP/Javascript script. No database required. Automatic payment confirmation and product delivery. No buyer information required. Script: https://github.com/DNotesCoin/dnotespay-digital-pocDNotes Pay Digital - Wordpress PluginUse: Selling any number of individual products from a Wordpress website that can be delivered automatically via a download link or directed to a specific webpage without collecting any information from the buyer. Integration: Can be integrated into any Wordpress website. Instructions: Download the plugin and install on your Wordpress website. Configure your DNotes Pay payment button. Place the shortcode where ever you would like on your Wordpress website to display the purchase button. https://www.youtube.com/watch?v=OqKmqHiIXGkFeatures: Easily install on any Wordpress website. Sell any number of individual products. Automatic payment confirmation and product delivery. No buyer information required. Download Plugin: https://github.com/DNotesCoin/dnotespay-wp-digital-poc/releasesSource: https://github.com/DNotesCoin/dnotespay-wp-digital-pocDNotes Pay SoftwareUse: Selling software on a Pay Per Period or lifetime purchase automatically and without collecting any information from the buyer. Integration: Can be integrated into any program, C# example provided. Instructions: For C# and .NET applications, modify the code example and integrate into your program. https://www.youtube.com/watch?v=9myDnwR7SF0Features: Automatically accept payments for use of your software. Novel Pay Per Period model. Add in any additional security your program may require. No additional requirements. Script: https://github.com/DNotesCoin/dnotespay-sw-pocDNotes Pay CheckoutUse: Selling products and services for DNotes in your own online shopping cart / web store. Instructions: https://github.com/DNotesCoin/dnotespay_checkout/blob/master/README.mdFeatures: Buyers do not have to wait for blockchain transaction confirmation to finalize their purchase. Minimal requirements, PHP and database capable hosting. Flexible solution, integrated with any checkout system including custom carts. Script: https://github.com/DNotesCoin/dnotespay_checkoutDNotes Pay Payment Gateway for WooCommerceUse: Accept payments in your WooCommerce eCommerce website. Instructions: https://github.com/DNotesCoin/dnotespay_payment_gateway_woocommerceFeatures: WooCommerce is a free and very easy to use and setup eCommerce platform. DNotes Pay extends the payment functionality to DNotes. No waiting for transactions, everything is processed on the back end. Script: https://wordpress.org/plugins/dnotes-pay-payment-gateway-for-woocommerce/ DNotes 2.0 Frequently Asked Questions: Q: What is new with DNotes 2.0?A: DNotes 2.0 is a major improvement on the original DNotes blockchain. The new blockchain will allow DNotes and its partner company DNotes Global to achieve its objective to connect DNotes to the modern world of finance and commerce. The new blockchain is faster, more secure, and consumes only a fraction of the electricity. It also allows custom invoices to be created and attached to transactions, and changes the economic incentives of the network to one that encourages savings with the switch to the Proof-Of-Stake algorithm, and paying 0.5% interest on balances that haven’t moved from a wallet address in a 30 day period (~6% per annum). Specifications POS 2% Annualized Staking Reward Individual blocks reward will be Current Total Coins / 525,600 * 0.02 60 Second Block Target 0.005 Transaction Fee Source: https://github.com/DNotesCoin/DNotes2.0Download Wallet: http://dnotescoin.com/#DownloadDirectory DNotes2 (C:\Users\USERNAME\AppData\Roaming\DNotes2 on Windows) CONF dnotes.conf (all lower case) DNotes 2.0 Features Switch to PoS CRISP Reward - 0.5% interest every 30 days. Awarded by address. Calculated on a 30 day cycle. Automated Invoicing (First Phase) - Integrated blockchain invoice number There will be a soft deadline where DNotes mined after that block will not be redeemable for 2.0 coins: 4/16/2018 Block# 2180897 133,574,552 Will be the total swappable amount of DNotes we create +20,000,000 Allocated to DNotes Global, Inc for Development & Growth Fund 153,574,552 Total DNotes 2.0 Created The next update (TBD) will include: Deferred Staking Q: How do I swap my coins? (after April 16th)A: The DNotes coin swap process will now be done through a private fork of the legacy DNotes blockchain. We have created this fork to ensure that legacy DNotes holders are still able to swap their legacy DNotes for DNotes 2.0 long after the deadline, in the event they missed the swap. This also ensures we will not be accepting newly purchased or mined DNotes, protecting our users and network. In order to swap your coins, you will need the following DNotes v1.3 wallet, which you can download here: http://dnotescoin.com/DNotes/dnotes-qt1-3.zipYou will need to copy your wallet.dat or wallet backup file to C:\Users\USERNAME\AppData\Roaming\DNotes1-3 directory, open the wallet application and allow it to update. Next, you will need an address to send your legacy DNotes in to for the coin swap, you can generate a legacy address with the following instructions: Create a DNotesVault.com account if you don’t already have one. Login to your DNotesVault.com account, and click the HISTORIC tab at the top. Click Create Address, and send your DNotes to the address you just created. Coin swaps will be processed once a month until further notice. Q: What is the cutoff date for mined DNotes that can be swapped to the new DNotes blockchain?A: We have set April 16th 2018 as the soft deadline. No DNotes mined after this date will be eligible to be swapped to DNotes running on the new blockchain. We will continue swap DNotes after that date, however the process will not be as easy and will take more time. Any DNotes 1.x purchased on exchanges after the 16th will not be eligible for the swap. Q: Will DNotes 2.0 be listed on new exchanges?We are currently listed on: https://mercatox.com/exchange/NOTE/BTChttps://stocks.exchange/trade/NOTE/BTChttps://www.nlexch.com/markets/notebtchttps://bitebtc.com/trade/note_btcBeta or Future Exchanges we are working with: https://blockbid.io/Q: Are the new DNotes 2.0 coins worth the same as the old coins?A: Yes, they are worth exactly the same. However we can not predict what price movements will occur at exchanges once DNotes is relisted using the new coins. Q: I have Mac or Specific Linux OS, will there be wallets for these? A: Yes! We currently have Windows / Mac / Linux Mint / Ubuntu Desktop wallets at DNotesCoin.com. If you need something else, please let us know. Q: Where is the block explorer? A: https://chainz.cryptoid.info/note/StakingQ: What is Staking?A: Staking your coins helps to support the DNotes network, and the network currently pays out roughly 5 DNotes every minute to one address on the network based on a probability that centers on how many coins the user is staking with as a percentage of the total number of coins being staked on the network. The DNotes network pays out ~2% of the total number of coins per annum. If 100% of DNotes were being used to stake on the network, then by probability each user could expect 2% growth in the number of coins they have. If only 50% of coins are used to stake, then those users could expect approximately 4% growth that year. Q: Can I stake my coins on the DNotesVault?A: You cannot currently stake your coins that are on the DNotesVault, you will need to withdraw your DNotes 2.0 to a local wallet and stake your coins from your local wallet. We will in a future release incorporate cold staking, which will allow you stake your coins while they are safely tucked away inside the DNotesVault. However, we do not have an ETA, it will be one of our highest priorities for next upgrades. Q: How do I stake?Disclaimer: It is recommended that you properly secure your computer and wallet, as well as make proper backups, before attempting to run your own staking wallet. Failure to properly secure your DNotes may result in loss or theft. If you are not familiar with the process, please start off small and familiarize yourself with the process. You will need to download the DNotes QT wallet here: http://dnotescoin.com/#DownloadInstall the wallet (and we recommend creating a backup, after encrypting your wallet) Go to settings, and then ‘encrypt wallet’. Enter your password twice (and do NOT forget it, or you will not be able to access the wallet and we can not help you). Go to settings, and then ‘unlock wallet’, enter your password, and select “for staking only”. This will prevent any transfers from being made from your wallet without the password while you stake your coins. Soon the arrow at the bottom will turn green. This means that your coins are now staking. Video: https://youtu.be/bR66LWPRzAUQ: How do I get the most out of my staking efforts? A: There is no trick to staking efficiently. The factors involved are your coin weight versus the network coin weight and coin weight is the number of coins currently staking. The age does not matter, nor does how you divide or move your coins around. Q: How much can I earn staking? A: That depends on how many coins you are staking and how many coins are being staked on the network. The blockchain distributes Current Total Coins / 525,600 * 0.02 every block, or every 60 seconds. You may calculate how often you are chosen to receive the block reward by dividing your network weight verse your weight. If network weight is 100, and your weight is 5, then you would be chosen for block reward 5 blocks out of every 100. CRISPQ: Can I get CRISP reward AND stake at the same time? A: Yes, the system is designed to allow you to receive CRISP on a wallet you are staking Q: What is the CRISP reward structure? A: CRISP periods are every 43,200 blocks (30 day target). Payments start 10,080 blocks (1 week target) from the end of the CRISP period. Q: What do I need to do to earn CRISP? A: Keep your coins in the same address for the full CRISP period 30 days, set every 43,200 blocks. Q: When will I receive CRISP payments? A: The next payouts are as follows: May 1 - Ends first CRISP period. May 8 - Payout starts. (Virtually no one will receive this payout) June 2 - Ends second CRISP period June 10 - Payout starts Roughly. Q: Do I get CRISP payments at the DNotesVault? A: Yes! You get CRISP inside the DNotesVault, or at any address you control, such as a Desktop wallet. Though I won't suspect you will be able to get CRISP rewards from the exchanges or other online providers. Q: Where do the CRISP coins come from? A: The blockchain, these are newly created coins and have now become part of the new coin distribution, just like the staking reward. Q: How do I earn the interest reward?A: Our Cryptocurrency Investment Savings Plan (CRISP) payouts occur approximately once per month. All coins that haven’t moved address during that month period will accrue a 0.5% interest, which compounds to roughly 6.17% per annum. If you move your coins during that time, those coins will not receive the interest for that month.
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Thanks Amadeus, There are certainly some great points, the ones I noted from this article are: no accountability, no intrinsic value. Which leads to some questions. Why are they going to be worth more in day, a month, a year from now. Who is taking responsibility for the raised money and for spending it as promised. How do we ensure the people are who they say they are. We have taken the path that is conducive to long term success and sustainability.
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