Some exchanges gives back way more!
We just want to give back to our supporter, the value they will help us to generate. This is also why we are thinking about a quite big move, by giving revenue only to ICO participatns, and not to people who will buy the token from exchanges.
Very interesting idea. But if you decide to that you will harm the second market price. Because a token with a profit share is way valuable than a token without profit share. And when an investor buys the token he buys the profit share. But when he wants to sell, he both lose profit share and the value token has. If we will decide such, it is only because we have another token (a utility one) which is also supposed to be launched in the future; so this token would be listed, while the revenue one will only be for ICO participants, but would be automatically convert into the other token through a smart contract if someone wants to sell it. So what will happen after conversion? For example, you had 10m tokens for profit share and 5m tokens converted into a utility, so will 50m still have %20 share? Like, 10m$ (%20) profit share, you are having 1000$ if you have 1000 tokens for 10m tokens, after dropping to 5, will you get 2000$ or will it be still 1000$? That depends. Do you want to speculate on the ICO or do you want to invest in the ICO, for the sake of Jarvis and his future? To, in return, also have an additional income in your life. I don't want to speculate but my only purpose is this investment would bring me gains or loss instead of jarvis's sake. So i want to know every detail and this is a huge detail.
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This ico is going to last for a very long time and through a good part of 2019, they may be even able to catch the next bull run if they are lucky ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) With this progress speed, i think they can catch the next bull run definitely ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) hopefully 2019 will be a better year for all of the crypto community. This must be the longest running ICO that i know off. Well let's hope 2019 will be good for all of us. I saw longer icos. For example, fcfl is started before ehealth and still doesn't have any timeline when it will finish. Still, ehealth is one of the longest surely.
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I agree with the security token story. It's the only way that your investment could turn into something. However with the SEC hunting down ICO's, it's also a difficult story.
The whole point is to register security tokens with the stock market regulators. Then you might ask "if it is going to be like registered shares on the stock market, then why bother with security tokens?" I will be honest, security tokens will require a lot more paperwork than unregistered tokens, but they also have features regular shares lack, such as being able to program them and, with DUSK, private transactions. The belief of the crypto markets can be a good answer in this matter. If company believe crypto market more than regular markets, he would choose crypto markets.
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Some exchanges gives back way more!
We just want to give back to our supporter, the value they will help us to generate. This is also why we are thinking about a quite big move, by giving revenue only to ICO participatns, and not to people who will buy the token from exchanges.
Very interesting idea. But if you decide to that you will harm the second market price. Because a token with a profit share is way valuable than a token without profit share. And when an investor buys the token he buys the profit share. But when he wants to sell, he both lose profit share and the value token has. If we will decide such, it is only because we have another token (a utility one) which is also supposed to be launched in the future; so this token would be listed, while the revenue one will only be for ICO participants, but would be automatically convert into the other token through a smart contract if someone wants to sell it. So what will happen after conversion? For example, you had 10m tokens for profit share and 5m tokens converted into a utility, so will 50m still have %20 share? Like, 10m$ (%20) profit share, you are having 1000$ if you have 1000 tokens for 10m tokens, after dropping to 5, will you get 2000$ or will it be still 1000$?
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As far as i remember Dusk Network reached its soft cap but did they get fiat or eth. If fiat no problem but eth was 300$ if i remember correctly they announced soft cap and it is around 100$ right now.
The amount pledged on EthFinex was over $1 million. Now it is $669,722. Only $64,622 seems to be raised, but I do not know if that figure is correct. The result EthFinex token sale does not really matter for the total investment though. EthFinex just sold a portion of the tokens they bought from DUSK. So Ethfinex is "stuck" with whatever is not sold? Hope they really believe in the project and don't sell their bags I don't think they already thought this possibility and acted on it. If they didn't believe the project, they wouldn't have this deal in first place. I also think they would probably make a better profit if they just hold the tokens.
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since is a long-lasting project will almost certainly catch the next bull phase of the market, they should adopt a strategy to have more visibility when this happens, for example, an airdrop or the release of an mvp to attract as many investors as possible...
They had already an airdrop, but i guess they will have to think about something else to raise back the attention to their product, when they have actually something to show. Airdrops are no use for some time. People attended their airdrop already forgot about the project one day later. There are lots of ways to raise attention but i hope not again a useless airdrop.
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Interesting project. Actually seems very nice. A vr world you can do basically anything.
But with which device your system will be compatible? And do you have a graph about vr devices, are people buying more now or less kind of things?
VR hasn't been taking off as much as people hoped. there's still a lack of killer apps for the platform and the headsets are expensive. remains to be seen if mass adoption will come. This is also because VR improved a lot last decade, before VR could cause a lot of motion sickness. Try the new Htc vive pro wireless and you will be impressed. Think about how this will also improve in the future with computers getting better people would love more immersive experiences. Yes, i agree with you about the improvement they have but right now it is far from becoming mainstream. I checked htc vive pro price after you mentioned and it is 1500$ in my country which can't afford from the major part of the population. Still, with time prices will be cheaper and more and more people would have the devices. A platform like CosmosCR can make headsets more appealing.
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Can anybody confirm that they reached about %60 of their soft cap? I hope that ehealth can reach the soft cap maybe even hard cap, i ve been following this project since the beginning.
They told on the thread some time ago. So it had been confirmed.
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As far as i remember Dusk Network reached its soft cap but did they get fiat or eth. If fiat no problem but eth was 300$ if i remember correctly they announced soft cap and it is around 100$ right now.
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Some exchanges gives back way more!
We just want to give back to our supporter, the value they will help us to generate. This is also why we are thinking about a quite big move, by giving revenue only to ICO participatns, and not to people who will buy the token from exchanges.
Very interesting idea. But if you decide to that you will harm the second market price. Because a token with a profit share is way valuable than a token without profit share. And when an investor buys the token he buys the profit share. But when he wants to sell, he both lose profit share and the value token has.
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The information about listing before MVP is true? maybe dont be a good thing. Many investors wait the MVP to apply your money in a project. On this way, can don´t have any volume in firsts days
They told exchanges before mvp, and ico after mvp if i recall correctly. I can understand doing an ico after the mvp but i can't understand the reason behind exchange listing before mvp. Still maybe i remember wrong or they can change their minds.
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Naturally in U.S. and most of other Governments, they require their people to declare income and pay taxes accordingly and omitting other facts in those reports could lead to very heavy consequences no one wants to be with such that tax evasion is a very serious offense that most crypto entities chose to comply with Government regulations to avoid penalties.
Yes, but from utility tokens people mostly dont pay taxes as there is no laws about them. But SEC want to charge taxes from security tokens as I undestand. But if this will be fully legal projects with dividends may be this is not bad ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I think you misunderstood lots of things. First of all, SEC doesn't have any jurisdiction about tax at all. Second, they see every crypto token as a security and even they don't pay any dividends they are mostly seeing them selling a security without permission. So most of the projects leave US citizens out just for this reason.
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Interesting project. Actually seems very nice. A vr world you can do basically anything.
But with which device your system will be compatible? And do you have a graph about vr devices, are people buying more now or less kind of things?
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The reasons for KYC in crypto are
- The government does not want people to run their own money system free from taxation. - Banks were jealous crypto was unregulated, eating into their profit. They had a lot of regulations forced upon them after the financial crisis of 2007, the result of years of deregulation. - Banks again. They want to slow down crypto adoption to catch up and corner the market with their own tech. - Officially to prevent crime and terrorism, but in reality FUD to get public support for regulations for the reasons above.
Depending on how crypto friendly the country is the steps to take can range from trivial to making your life a hell. Just look at the US IRS, requiring people to declare tax on every crypto transaction.
Thank god that is not where I live, I wouldn't know where to start........... In some places that will remain a requirement, whether it is a privacy coin or not. Even if you would use Monero or DUSK in the future to obfuscate your transactions, once you deposit a large amount of fiat money seemingly out of nowhere (a crypto exchange with fiat gateway for example) to your savings account, your bank will warn the tax office and then you got some explaining to do. In my country, they warn an institution called as financial crime investigation commission. They check it first, if you can't tell the source of the money that is a big problem. If you say and it seems you make a profit from something or received money in return of some service and etc., they are warning the tax office which is also problematic.
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Did they disclose how much exactly they raised in pre ICO 1 stage? If they will release MVP before ICO that would be still good even thou they had to postpone its release. Yeah, it was 1.2m $ if I recalling correctly. And it is also %60 of their soft cap.
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waiting for recent news, the team has not really made itself heard here on the forum for a while, what happened to the mvp scheduled for October?...
Hmmm good point, the forum keeps getting attention but we don't get any info from the devs. Anyone heard about them in the last month? Mvp got postponed. They posted here some time ago q1 2019 and ico will conduct after mvp is out.
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I ask you to understand, I am not an official of the company, I’m only keenly interested in how this ICO goes and I communicate with its administration and subscribers in a telegram ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) so that I only know that the statement about the number of tokens collected for this stage of sales will be December 3 I thought you are not from the team but a community manager, getting paid for communication. So you are just an enthusiastic investor?
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Taking a hint on the phrase authorities, i guess that private information such as source of funding can only be disclose by the purchaser by him self and no other parties will be involve.
I don't know, i reckon the team will explain how it works. what are the step taken in case the information need to be disclosed to the authorities? The reasons for KYC in crypto are - The government does not want people to run their own money system free from taxation. - Banks were jealous crypto was unregulated, eating into their profit. They had a lot of regulations forced upon them after the financial crisis of 2007, the result of years of deregulation. - Banks again. They want to slow down crypto adoption to catch up and corner the market with their own tech. - Officially to prevent crime and terrorism, but in reality FUD to get public support for regulations for the reasons above. Depending on how crypto friendly the country is the steps to take can range from trivial to making your life a hell. Just look at the US IRS, requiring people to declare tax on every crypto transaction. I think most of the KYC is causing by the ico's don't want to risk it. It is not a clear law that you need everyone's passport and a selfie with it, but they are doing anyway. Because now because everyone doing it, if an ico decide not to make a kyc, people can think of it can be a scam. Also, probably it is a good way to drop the bounty/airdrop budget at the end. I believe lots of ico is doing just for this.
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