When do you plan to start committing code to github? There must be a lot of people which are curious to see it  The code is developed in a private Github repository and will be made public in sections after each section passes a security audit. 😊 |
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From what I read I understand that this exchange will contribute to the private sale and they will list them for free. I don't understand the "partner" part
Unfortunately all I can say about the partnership part is that more information about this will be disclosed later  |
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How much DUSK have raised so far? Is there any plan for exchange?
The exact amount raised is not known to me due to private agreements. There is definitely a plan for exchanges. I'll quote from our updated token sale article; "Conclude agreements with one of the world’s leading exchanges, who we will now be able to accommodate as a private sale contributor and partner as well as secure a free listing." |
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Was there an end date or softcap on the private sale? (those ico rating sites are just confusing me by saying that presale has ended and nothing else)
The privatesale is still on going. |
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what is the initial token price and what is the minimum investment for Private sale?
We are selling 250M tokens which is 50% of the total supply. Our hardcap is 14.4M, so the token price is around 5,8cent ($0,0576 precise). The minimum contribution in the private sale is 100 eth. |
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Ok, thank you. What minimum investments amount for private sale needed? And when sale ends and tokens will be trading on exchanges?
The minimum investment is 100 ETH. You can email pledge@dusk.network with your desired allocation and they can discuss privately with you. The tokens will be unlocked after the privatesale has concluded on a Second-by-Second vesting base |
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I am going past Berlin on that day while having a holiday, i might even join to see the conference. By the way, link doesn't work :/.
Sweet, see you there (fixed the link) |
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The demand is truly high in the field right now with all the companies doing research and Dusk may prove to be a game changer with all the solutions at single place.
They may not be able to succeed as well as monero for what concerns anonymous payments, but the protocol which allow to tranfer data doesn't have much competition at the moment. Is Dusk team going to attend any blockchain conference or event somewhere around the world? This would be quite significant to see the reaction from other people on this field since the whitepaper is quite detailed. : We have presented at Bitcoin Wednesday in Amsterdam. The oldest Crypto meetup in the Netherlands. Jelle Pol our Head of Business Dev. did a 30 minute presentation on Dusk including Q&A. Full video from the event is available here! London: We spoke at the Certified Financial Professionals (CEFPRO) event, an event centered around technological innovations in AI, ML and blockchain visited by leading banks. We spoke about the development of Distributed Ledger Technology (DLT) and how Dusk is building towards a regulatory compliant blockchain at the protocol level.  Barcelona: The World Ethical Data Forum is the most anticipated event for security and privacy-oriented audiences. During this event our CTO Emanuele Francioni spoke about how our novel technology will solve the antithesis between privacy and transparency once and for all.  Kiev: We presented at the countries largest blockchain event: Blockchain & Bitcoin Conference Kyiv. We spoke about the advancements made in Blockchain technology and how compliance is vital for adoption in the real world.  Upcoming EventsThere are a lot of events and speaking opportunities coming up. We are currently lining up confirmed events and will update this document during the coming month. We are very excited to be attending the ‘ building the free web’-event in Berlin. This is a tech oriented talk where we will tell the audience more about the intricacies of Dusk. Tickets are capped at 300 and still available. Above all, they are free! So if you are in Berlin, or know blockchain enthusiasts in Berlin. Point them here: click! 25 OctoberBerlin — Building the free web. A technical exploration of a decentralized world.
An exclusive evening event with speakers from leading blockchain companies: Hedera Hashgraph, NuCypher, The Graph, Mainframe and Dusk Network.Book your tickets here!How to learn more about Dusk NetworkThe Dusk Network is a project coordinated by the Dusk Foundation. We are a decentralized ecosystem entirely focused on providing the perfect trade-off between privacy and transparency. Dusk protects privacy and fits regulations in payments, communications and asset transfers. Please consider joining us at the following media: |
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I don't know how data can be marketed, I guess its like email bulk purchase ? I understand for big companies personal data is important but , is there market for it ?
Data is going to be one of the biggest resources in the future. Right now data is the fastest growing one at least. The market for (big) data is huge. |
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so, how market will be conducted if there are only few poeple buy your token?
token price will be highest than expected and price will be playable by investor
Not sure what you're talking about. Why do you think only a few people will buy our token? Everyone has the ability to call the contract and get their tokens, however the amount of tokens depend on the time. |
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Is there already some idea about which kind of company or entities this platform will be suitable for. Do you already have some real use cases to prove an existing process can be improved with your product?
For example banks, insurance or companies which are dealing with sensible information, would you see them as potential "customers"?
1 - Unidirectional atomic transfer of value (basically, payments)-For example; you want to buy something or want to transfer value to an exchange. 2 - Bidirectional atomic exchange of value (transfer of asset ownership - securities fall in this category)-For example; right now, we are helping out a real estate fund in Malta to tokenize their security and organize an STO 3 - Time unbound exchange of value (transmission of data stream - such as audiovisual conferencing, content streaming, etc)-For example; you want to watch some content streams without being able to be tracker or have a call in a similar manner. Yes, we definitely se those entities use the platform. Right now the demand for STO's is increasing very rapidly due to regulations closing in. |
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When tokens sale starts? Or date still not announced yet? And where I can see token allocation and token distribution details?
We are selling in private placement only, there will not be a crowdsale. If you're interested please email pledge@dusk.network. There will not be any bonuses and everyone will be subject to the Second-by-Second vesting mechanism. 😊 |
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In many aspects the Netherlands is playing an important role in the blockchain ecosystem.
Forbes interviewed our Tech Lead Emanuele Francioni and quoted him in this article:
https://www.forbes.com/sites/yoavvilner/2018/10/13/how-the-netherlands-is-blazing-a-trail-through-the-blockchain-scene/
“The Netherlands hosts one of the most passionate blockchain scenes in the world,” said Emanuele Francioni, Tech Lead of Dusk Foundation, a Dutch non-profit creating a blockchain-based secure communication system, to protect the freedom of speech. “Events are organized in multiple cities in the country and the turnout is great. Amsterdam, Berlin, and London form a strong co-located blockchain scene. We are seeing more homegrown projects in the Dutch space, and events are becoming more and more professional.”
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Is it just transmission of data or will it be used as a currency ( cryptocurrency) ?
Dusk Network basically focuses on providing the right confidentiality in the 3 different scenario that render the platform a true network: 1 - Unidirectional atomic transfer of value (basically, payments) 2 - Bidirectional atomic exchange of value (transfer of asset ownership - securities (STO's) fall in this category) 3 - Time unbound exchange of value (transmission of data stream - such as audiovisual conferencing, content streaming, etc) |
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Buy every participiants will have same lock-up period for tokens or differents? Do you have some bonuses for long term investors (like in Pundi for example) ?
There are no bonusses at all and EVERYONE is subject to the Second-by-Second vesting mechanism. The team also has their tokens locked for 12 months before the vesting starts. |
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I have seen other similar project using that vesting strategy, it doesn't guarantee a stable price, but at least give some breathing space to small investors.
Well if team doesn't have a vesting period but they believe the project, they won't sell. Still, it is a guarantee for investors that founders won't dump at day one. Doesn't have a big impact if they are trustworthy. It's a touch subject to tackle. The team should obviously be able to sell come coins so that they can get paid for their hard work but obviously no one wants to see the price dumped. I think in startup business most early investors and founders have a vesting period. It is a best practice strategy as it eliminates moral hazard. Everyone is subject to the SbS vesting mechanism. No one received any bonusses and the team has their tokens locked for 12 months + 12 months of vesting. |
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I hope the team will be able to clarify this aspect - very large bonuses can ruin the project as soon as the first listing will be appears.
I too feel it may lead to a wrong type of promotion because once the token is listed, the early investors or those who got large bonuses may try to cash their profit out. Everyone is subject to the SbS vesting mechanism. No one received any bonusses and the team has their tokens locked for 12 months + 12 months of vesting. |
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I have seen other similar project using that vesting strategy, it doesn't guarantee a stable price, but at least give some breathing space to small investors.
Well if team doesn't have a vesting period but they believe the project, they won't sell. Still, it is a guarantee for investors that founders won't dump at day one. Doesn't have a big impact if they are trustworthy. The team has their tokens locked for 12 months + 12 month vesting period. |
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Have any measurements been taking to prevent dumping after bonus release?
Yes, we are mainly looking for people who share the same longterm vision as we do. We have also removed any bonusses and implented a state of the art vesting system; Second-by-Second (SbS) vesting. SbS works as follows;
We will deploy a smart contract which will vest allocations second by second. What this means in practice is that at any point a token investor wanted to release their tokens, they can make a call on the smart contract and then will have access to the total number of tokens that will have vested at that second. As an example: after the lockup, tokens will be vested over 31,536,000 seconds (365 days x 24 hours x 60 minutes x 60 seconds). If they did it at exactly 6 months, they would receive half. If they did it at 1 day, then 10 days, then 57 days, and then every 3 weeks; they would receive the relevant whole tokens (rounded down) at each specific second. But why you think people will want to do this? As usually investors need their tokens asap. Or there will be some bonuses for investors which prefer lock their tokens? We want to make sure everyone that contributes is in for the longterm vision, just as we are. Hence we're only selling in private placement and are looking for people who can add value to the project! So far all of our investors have been super positive about the structure and feel like it suits the longterm vision of the project we all share. |
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