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Question: Do you support the rebrand/renaming to move away from the bad connotations, difficulty to carry out business and the constant questions about Silk Road and the connection to the project?
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Author Topic: Rebranded to Duality Blockchain Solutions  (Read 129226 times)
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SilkNetwork (OP)
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September 24, 2016, 03:19:29 AM
 #681

Yes, we can confirm that we paid to have both DarkSilk and Silk listed at Bittrex.

The expenditure of which is contained within the balance sheet in the OP, 5BTC.
SilkNetwork (OP)
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September 24, 2016, 03:40:56 AM
Last edit: September 24, 2016, 03:56:57 AM by SilkNetwork
 #682


---DarkSilk ICO---

Time Period: 10PM EST Friday 23rd September - 10PM EST Sunday 23rd October

To fund further development and innovation by the Silk Network team, there will be a four week long crowdfunding campaign held on Weaver.

Out of a total 4,000,000 DarkSilk(DSLK) initial fund, there will potentially be 1,528,000 available for sale and the price will not be set (fixed).

Instead, the week with the most demand sets the price (volatility sets price) for the whole of the ICO:

MAX(PRICEWEEK(N) ([AMOUNT] BTC x 4 / 1,528,000 DSLK)

After 4 weeks, price is established and for the amount of BTC that has been raised by an investor, DSLK will be issued through Weaver. There will be a minimum and maximum allowable price:

MIN PRICE: 0.25 USD (Capped)
MAX PRICE: 2.50 USD (Capped)

We set these upper and lower limits to protect both the project against low demand
and investors against high demand to take the following two extreme scenarios into consideration.

Insufficient Demand
Price is set at USD 0.25 and a lot of DSLK will remain as collateral in Weaver.
This protects the project in case market value is negatively disproportionate to our estimated value.

Excess Demand
Price is set at USD 2.50 and DSLK will be sold out in Week(n), for this to happen USD 3,533,500 needs to be raised.



We want to reward early contributors, so there will be four tiers of bonuses; one for each week:

Tier 1: contributors during week one will receive a bonus of 15% more DarkSilk.
Tier 2: contributors during week two will receive a bonus of 10% more DarkSilk.
Tier 3: contributors during week three will receive a bonus of 5% more DarkSilk.
Tier 4: contributors during the last week will not receive a bonus.



How to take part:
1. Signup or Login on Weaver
2. Navigate to Main Menu->Wallet->Addresses
3. Deposit BTC to the "Bitcoin (ICO)" address

Your overview page will then update to show the Bitcoin transaction
and the balance within your Bitcoin(ICO) wallet will also reflect your deposit.

Once per hour the Bitcoin from Weaver is transferred to the 4/6 MultiSig CoPay BTC Wallet
4/6 MultiSig Address: 34ufE2QW4xxrW1B73o9Sqafbz7dhNnUnvF

A dedicated stats and info page for the DarkSilk(DSLK) ICO will be brought online on the 23rd/24th of Sept.
If you have any questions, please do not hesitate to ask.
Pr0metheus
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September 24, 2016, 03:54:32 AM
 #683

Sometimes I wonder... so many questions so many questions being answerd yet people invest into something
dont read but ask questions. its not only in this ANN its fucking surrounding me/us are we getting trolled
or is it all serious? well I'm afraid its the last one... saying that i'm going to catch some more pokemons Roll Eyes
thisisanalias
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September 24, 2016, 05:45:46 AM
 #684

One last question and I'm set, will we see BTC balance or do you just record the transaction and funds go to your wallet?

Cheers
seros
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September 24, 2016, 06:04:27 AM
 #685

Hello all,

Sent BTC to Weaver address. Trying to get in early for the ICO. No BTC arrive at wallet for 3 hrs. How long to wait for BTC to arrive to wallet?

Thank you
SilkNetwork (OP)
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September 24, 2016, 06:38:30 AM
 #686

One last question and I'm set, will we see BTC balance or do you just record the transaction and funds go to your wallet?

Cheers

Hello all,

Sent BTC to Weaver address. Trying to get in early for the ICO. No BTC arrive at wallet for 3 hrs. How long to wait for BTC to arrive to wallet?

Thank you

You will be able to see your BTC balance and a full page with statistics will be available within 24 hours.
seros
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September 24, 2016, 06:56:18 AM
 #687

Silknetwork team,

Excellent, I hope we are in the 15% bonus round. I'm looking forward to the updates and progress.

Thank you
borris123
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September 24, 2016, 07:58:26 AM
 #688

Looking good. Once slk is firmly attached to the trading of dslk price going rocket I suspect.
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September 24, 2016, 10:15:18 AM
 #689

Sweet.
I missed the coin splitting to enhance staking but I did it now.

Things are moving rather fast now.
xnyz
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September 24, 2016, 10:16:00 AM
 #690


---DarkSilk ICO---

Time Period: 10PM EST Friday 23rd September - 10PM EST Sunday 23rd October

To fund further development and innovation by the Silk Network team, there will be a four week long crowdfunding campaign held on Weaver.

Out of a total 4,000,000 DarkSilk(DSLK) initial fund, there will potentially be 1,528,000 available for sale and the price will not be set (fixed).

Instead, the week with the most demand sets the price (volatility sets price) for the whole of the ICO:

MAX(PRICEWEEK(N) ([AMOUNT] BTC x 4 / 1,528,000 DSLK)

After 4 weeks, price is established and for the amount of BTC that has been raised by an investor, DSLK will be issued through Weaver. There will be a minimum and maximum allowable price:

MIN PRICE: 0.25 USD (Capped)
MAX PRICE: 2.50 USD (Capped)

We set these upper and lower limits to protect both the project against low demand
and investors against high demand to take the following two extreme scenarios into consideration.

Insufficient Demand
Price is set at USD 0.25 and a lot of DSLK will remain as collateral in Weaver.
This protects the project in case market value is negatively disproportionate to our estimated value.

Excess Demand
Price is set at USD 2.50 and DSLK will be sold out in Week(n), for this to happen USD 3,533,500 needs to be raised.



We want to reward early contributors, so there will be four tiers of bonuses; one for each week:

Tier 1: contributors during week one will receive a bonus of 15% more DarkSilk.
Tier 2: contributors during week two will receive a bonus of 10% more DarkSilk.
Tier 3: contributors during week three will receive a bonus of 5% more DarkSilk.
Tier 4: contributors during the last week will not receive a bonus.



How to take part:
1. Signup or Login on Weaver
2. Navigate to Main Menu->Wallet->Addresses
3. Deposit BTC to the "Bitcoin (ICO)" address

Your overview page will then update to show the Bitcoin transaction
and the balance within your Bitcoin(ICO) wallet will also reflect your deposit.

Once per hour the Bitcoin from Weaver is transferred to the 4/6 MultiSig CoPay BTC Wallet
4/6 MultiSig Address: 34ufE2QW4xxrW1B73o9Sqafbz7dhNnUnvF

A dedicated stats and info page for the DarkSilk(DSLK) ICO will be brought online on the 23rd/24th of Sept.
If you have any questions, please do not hesitate to ask.

Hello guys you have to add this as a own thread otherwise this not will going good for DRKSILK or the Community.
Delita Heiral
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September 24, 2016, 11:08:30 AM
 #691

shucks now thats an idea
borris123
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September 24, 2016, 11:13:01 AM
 #692

Few Wales suppressing the price on trex stocking up on more.
damnMscollec
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September 24, 2016, 11:17:09 AM
 #693

Few Wales suppressing the price on trex stocking up on more.

Yes, the volume is big on bittrex, whale is coming, slk will survive after polo delisted

xnyz
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September 24, 2016, 11:18:57 AM
 #694

Few Wales suppressing the price on trex stocking up on more.

Yes, the volume is big on bittrex, whale is coming, slk will survive after polo delisted


Guys are you kidding me seriously the price is low as hell now?
SilkNetwork (OP)
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September 24, 2016, 11:41:48 AM
 #695

shucks now thats an idea

https://bitcointalk.org/index.php?topic=1625955

Indeed a good idea, done & linked.
OrsonJ
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September 24, 2016, 12:04:27 PM
Last edit: September 24, 2016, 03:10:05 PM by OrsonJ
 #696

We should get some signatures going too, if everyone here wore one for the next month it could help bring in a lot of new people. I for one would be more than happy to wear one for free for the duration of the ICO (these other sig campaigns pay bugger all anyway). I came up with the below, maybe someone with more skills could jazz it up a bit.. maybe stick a geometric marching camel in there!

Code:
[center][center][color=#686768]23 Sep - 23 Oct [/color]                [size=17pt][url=https://silknetwork.org/darksilk/ico][color=black]◢■[size=16pt] DARK SILK ICO [size=17pt]■◤[/color][/url][/size]                 [color=#686768]23 Sep - 23 Oct[/center]
[center][url=https://silknetwork.org/files/brochure.pdf][size=11pt][color=#52256f][b][font=Arial]Instant Transactions  •  Decentralized Marketplace  •  Anonymous Digital Cash  •  Multisig  •  Watch-only Addresses[/b][/color][/size][/center]

Zano alias: @orsonj  |  Twitter: @Cryptoschild
SilkNetwork (OP)
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September 24, 2016, 12:25:16 PM
Last edit: September 24, 2016, 01:12:31 PM by SilkNetwork
 #697


---DarkSilk ICO---

Time Period: 10PM EST Friday 23rd September - 10PM EST Sunday 23rd October


thisisanalias
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September 24, 2016, 01:20:12 PM
 #698

Is 30000 SLK too little to stake with? been 10 hours plus and nothing, split coins also to 20 lots of 1000 and the rest 550 in a seperate address and split. Just curious if it is a waste of time.
SilkNetwork (OP)
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September 24, 2016, 01:21:37 PM
 #699

Is 30000 SLK too little to stake with? been 10 hours plus and nothing, split coins also to 20 lots of 1000 and the rest 550 in a seperate address and split. Just curious if it is a waste of time.

It isn't a waste of time. Remember there are 10000's of inputs on the network all staking.

Just be patient, in time you will get stake rewards.
SilkNetwork (OP)
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September 24, 2016, 01:48:27 PM
Last edit: September 24, 2016, 02:12:37 PM by SilkNetwork
 #700

Silk(SLK) will go full PoS(Proof-of-Stake) in ~1000 blocks time(less than a day).

Now is the time to split those coins into multiple inputs and have your wallet open 24/7 staking and supporting the network.

Quote
How to Split Coins into Multiple Inputs on One Address
1. Create a new address and copy this to clipboard (right-click, copy address).
2. Enable "Coin Control" in options.
3. Go to the "Send" tab.
4. Open "Coin Control".
5. Select input you want to split (biggest one) and make a note of the amount after fee.
6. Close "Coin Control" and go back to send tab.
7. Tick "Split Coin".
8. In the "# of Inputs" field, type in amount of inputs you wish to create.
(If you have a million coins, make 1000 inputs, if you have 100,000's of coins make 100's inputs, if you have 10,000's make 10's of inputs, if you have 100's of coins don't bother to split your inputs and just buy more Silk)
9. In the address field of the send form enter the address you created in step 1.
10. In the amount field of the send form enter the amount of coins from step 5.
11. Hit send.

Keep on marching!!!!
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