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Author Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay  (Read 148848 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (3 posts by 1+ user deleted.)
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June 17, 2018, 03:45:19 PM
 #4521

Very handy being able to have a local QT wallet on your mobile phone. I'm still a big fan personally of the DNotes Vault by preference, which I can also access using my mobile. Huge convenience factor.

Great work Smiley

Thanks Tim, they all have their unique advantages.

Desktop Wallet = Full control of your wallet. Staking. Can be slow and requires some technical knowledge.
Best for: Staking. Supporting the network.
Electrum Wallet = Full control of your wallet. Removes a lot of the technical hurdles of managing your wallets. The fastest option for creating, backing up, and sending / receiving transactions.
Best for: Transacting. Wallet management.
DNotesVault = Easiest to use. Web portal to access anywhere from any device. Guaranteed.
Best for: Storage.

The new DNotes Electrum wallet is huge news! Although the Electrum wallet doesn't stake itself, if you keep the same private key in both the Electrum wallet and your online desktop wallet, your DNotes will continue to stake. I still personally wouldn't recommend importing private keys that contains a large balance to any mobile wallet at this point in time.

If you just wanted to keep track of your staking, you can import any address as a watch only address as well. That way you can keep an eye on your staking wallet results.

Agreed, the mobile wallet is better suited for smaller amounts of DNotes. Unless you are dedicating a mobile phone, offline (and probably no sim card), as a dedicated cold storage device. Large amounts you will want cold storage or DNotesVault.

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June 17, 2018, 04:24:01 PM
 #4522

We will be updating the DNotesVault.com guarantee fund shortly. Also, doing the last steps for the June swap now and any future swaps will be completed on an as-needed basis, within 30 days of depositing your funds into the DNotesVault.

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June 17, 2018, 05:47:02 PM
 #4523

CFTC Asks Court to Declare My Big Coin a Commodity

https://dcebrief.com/cftc-asks-court-to-declare-my-big-coin-a-commodity/
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June 17, 2018, 06:22:45 PM
 #4524




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/DNotes2.0
Download Wallet: http://dnotescoin.com/#Download
Directory 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.zip
You 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: I have a paper wallet. How do I turn them into the new coins?

A: You will need to download the DNotes v1.2 software (email us at contact@dnotescoin.com), and then use the importprivkey command in the debug console.

https://bitcoin.stackexchange.com/questions/5941/how-do-i-import-a-private-key-into-bitcoin-core

Once your wallet is updated, you will be able to send out your DNotes.

Q: What is the cutoff date for mined DNotes that can be swapped to the new DNotes blockchain?

A: We have set April 16th 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/BTC
https://stocks.exchange/trade/NOTE/BTC
https://www.nlexch.com/markets/notebtc
https://bitebtc.com/trade/note_btc

We are actively working with and in active communication:
https://www.coinexchange.io
These two exchanges are established and currently trading. We are hoping to reach an agreement soon so that DNotes can be listed shortly.

Beta or Future Exchanges we are working with:
https://www.cryptaldash.com/
https://www.listex.io/
https://blockbid.io/
https://shardax.com/

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/

Q: I am trying to swap my coins from Cryptopia and I am getting Invalid Address

A: That address which begins with an "S" is your new DNotes 2.0 address and your coins on Cryptopia currently are DNotes 1.x. If you like to participate in the coin swap, you can click on the "HISTORIC" tab in your DNotesVault account, create an address, and deposit to that address which begins with a "D". We will take care of the rest, and swap your DNotes for you within a few days.

If you have any other queries, please email contact@dnotescoin.com



Staking

Q: 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: https://github.com/DNotesCoin/DNotes2.0/releases/tag/v2.0.0.0

Install the wallet (and we recommend creating a backup)
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.
   
   You can watch a video of these steps here from our alpha release here:
   https://www.youtube.com/watch?v=2w9r2LoXM6c

Q: 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.



CRISP

Q: 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 days). Payments start 10,080 blocks (1 week) 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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June 17, 2018, 06:23:06 PM
 #4525

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.pptx
Pitch Deck Video - https://www.youtube.com/watch?v=XculeWKdbbE
White Paper - https://dnotesglobal.com/white-paper/
Website - http://dnotescoin.com/
Blog - http://dnotescoin.com/blog-main-hub/


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June 17, 2018, 09:11:08 PM
 #4526

I'm really enthusiastic about this coin and can't wait what the future will bring us. It's development is progressing nicely. Especially after the first rund of funding I think we will hear many more great news Grin
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June 18, 2018, 05:57:37 AM
 #4527

If you just wanted to keep track of your staking, you can import any address as a watch only address as well. That way you can keep an eye on your staking wallet results.

This is exactly my use case: monitoring my DNotesVault address and it's staking. Works perfectly. Nice UI. Really like the app icon.

DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World - https://bitcointalk.org/index.php?topic=1924858.0
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June 18, 2018, 11:07:02 AM
 #4528

Good morning everyone. Just here briefly to say hello. My focus now is on our Reg. D 506 (c) funding. We are very close to filing our offering statements with the SEC and our Web Portal is almost ready for launch.

This is the next most significant project I am working on now. It will take a few months and I will be providing updates when appropriate. Please be reminded that this round is specifically for certified accredited investors. Circulation of documents is controlled, and time stamped with different levels of approval process.

I am not hopeful that DNotes will be listed on Cryptaldash as they have announced. Their change of mind to require 100 participants in their ICO is the deal breaker. It’s unfortunate but we do not participate in any ICO that is not registered or exempt with the SEC.
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June 18, 2018, 11:10:23 AM
 #4529

If you just wanted to keep track of your staking, you can import any address as a watch only address as well. That way you can keep an eye on your staking wallet results.

This is exactly my use case: monitoring my DNotesVault address and it's staking. Works perfectly. Nice UI. Really like the app icon.

Good to know that you like it.

Once integrated with our Invoice Systems that will set DNotes further apart from the rest.
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June 18, 2018, 11:59:38 AM
 #4530

Good morning everyone. Just here briefly to say hello. My focus now is on our Reg. D 506 (c) funding. We are very close to filing our offering statements with the SEC and our Web Portal is almost ready for launch.

This is the next most significant project I am working on now. It will take a few months and I will be providing updates when appropriate. Please be reminded that this round is specifically for certified accredited investors. Circulation of documents is controlled, and time stamped with different levels of approval process.

I am not hopeful that DNotes will be listed on Cryptaldash as they have announced. Their change of mind to require 100 participants in their ICO is the deal breaker. It’s unfortunate but we do not participate in any ICO that is not registered or exempt with the SEC.


Alan I think the requirement that our community members be forced to participate in an ICO is preposterous. Since seeing the first ICO's launched 4 years ago, I've refused to participate in a single one of the hundreds I've researched, and don't plan on starting anytime soon.

I think we're going to see many of our industry peers becoming intensely jealous of DNotes when they realize that the brilliant strategy of the DNotes team has put us in a stronger position than Bitcoin.


Bitcoin Could Break the Internet, Central Bank Overseer Says
https://www.bloomberg.com/amp/news/articles/2018-06-17/bitcoin-could-break-the-internet-central-banks-overseer-says

The BIS, an 88-year-old institution in Basel, Switzerland, that serves as a central bank for other central banks, said cryptocurrencies are too unstable[1], consume too much electricity[2], and are subject to too much manipulation and fraud to ever serve as bona fide mediums of exchange in the global economy[3]. It cited the decentralized nature of cryptocurrencies -- Bitcoin and its imitators are created, transacted, and accounted for on a distributed network of computers -- as a fundamental flaw rather than a key strength.

In one of its most poignant findings, the BIS analyzed what it would take for the blockchain software underpinning Bitcoin to process the digital retail transactions currently handled by national payment systems. As the size of so many ledgers swell, the researchers found, it would eventually overwhelm everything from individual smartphones to servers. [4]

“The associated communication volumes could bring the Internet to a halt,” the report said.


[1] DNotes has focused on stability since day one; preferring a slow gradual increase, rather than pushing for cataclysmic overnight gains that jeopardize long term stability.

[2] POS is much more energy efficient than Bitcoin's POW, and I'm willing to wager that it would be more energy efficient than current banking infrastructure when taxed with similar volume.

[3] Alan, I think you just proved this point with the CryptoDash exchange ICO; The DNotes team would never participate in any unlawful activities that would jeopardize stakeholder funds.

[4] DNotes offers options to store and transact that are not bandwidth intensive - DNotesVault and the Electrum wallets.
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June 18, 2018, 12:46:03 PM
 #4531



Bitcoin Could Break the Internet, Central Bank Overseer Says
https://www.bloomberg.com/amp/news/articles/2018-06-17/bitcoin-could-break-the-internet-central-banks-overseer-says

The BIS, an 88-year-old institution in Basel, Switzerland, that serves as a central bank for other central banks, said cryptocurrencies are too unstable[1], consume too much electricity[2], and are subject to too much manipulation and fraud to ever serve as bona fide mediums of exchange in the global economy[3]. It cited the decentralized nature of cryptocurrencies -- Bitcoin and its imitators are created, transacted, and accounted for on a distributed network of computers -- as a fundamental flaw rather than a key strength.

In one of its most poignant findings, the BIS analyzed what it would take for the blockchain software underpinning Bitcoin to process the digital retail transactions currently handled by national payment systems. As the size of so many ledgers swell, the researchers found, it would eventually overwhelm everything from individual smartphones to servers. [4]

“The associated communication volumes could bring the Internet to a halt,” the report said.


[1] DNotes has focused on stability since day one; preferring a slow gradual increase, rather than pushing for cataclysmic overnight gains that jeopardize long term stability.

[2] POS is much more energy efficient than Bitcoin's POW, and I'm willing to wager that it would be more energy efficient than current banking infrastructure when taxed with similar volume.

[3] Alan, I think you just proved this point with the CryptoDash exchange ICO; The DNotes team would never participate in any unlawful activities that would jeopardize stakeholder funds.

[4] DNotes offers options to store and transact that are not bandwidth intensive - DNotesVault and the Electrum wallets.

Thanks for sharing this article. I've often wondered about that, especially when people sound convinced that one day Bitcoin will take over the world (of finance). I'm like, not with that level of electrical consumption! And I guess the bandwidth requirements are intense as well.

It will be very interesting to see what kind of growing pains DNotes has as it scales up to meet its goal of massive mainstream adoption. I suspect there will be some, but I also believe the DNotes developers and leadership will respond quickly and confidently to whatever technical and other challenges may lie ahead.
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June 18, 2018, 12:50:18 PM
 #4532

Good morning everyone. Just here briefly to say hello. My focus now is on our Reg. D 506 (c) funding. We are very close to filing our offering statements with the SEC and our Web Portal is almost ready for launch.

This is the next most significant project I am working on now. It will take a few months and I will be providing updates when appropriate. Please be reminded that this round is specifically for certified accredited investors. Circulation of documents is controlled, and time stamped with different levels of approval process.

I am not hopeful that DNotes will be listed on Cryptaldash as they have announced. Their change of mind to require 100 participants in their ICO is the deal breaker. It’s unfortunate but we do not participate in any ICO that is not registered or exempt with the SEC.


Thanks for the update, Alan. It's always welcomed both here and on Telegram.

I'm disappointed to learn that Cryptaldash may go back on their promise to us to list DNotes. It's not that I think we really need them or anything, as we already have some good markets. I'm more disappointed for them. I think it looks bad to put out a big interview video (great job, TeeGee on that one!) announcing the listing of a coin and then not do it. I would think if they want to force ICO participation for future coins they should still grandfather in the coins they have already accepted, and maybe they will. But with their heavy emphasis on their ICO, I did wonder if they were really a good fit for us, though honestly no outside exchange will be a perfect fit.
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June 18, 2018, 02:21:17 PM
 #4533

Good morning everyone. Just here briefly to say hello. My focus now is on our Reg. D 506 (c) funding. We are very close to filing our offering statements with the SEC and our Web Portal is almost ready for launch.

This is the next most significant project I am working on now. It will take a few months and I will be providing updates when appropriate. Please be reminded that this round is specifically for certified accredited investors. Circulation of documents is controlled, and time stamped with different levels of approval process.

I am not hopeful that DNotes will be listed on Cryptaldash as they have announced. Their change of mind to require 100 participants in their ICO is the deal breaker. It’s unfortunate but we do not participate in any ICO that is not registered or exempt with the SEC.


Thanks for the update, Alan. It's always welcomed both here and on Telegram.

I'm disappointed to learn that Cryptaldash may go back on their promise to us to list DNotes. It's not that I think we really need them or anything, as we already have some good markets. I'm more disappointed for them. I think it looks bad to put out a big interview video (great job, TeeGee on that one!) announcing the listing of a coin and then not do it. I would think if they want to force ICO participation for future coins they should still grandfather in the coins they have already accepted, and maybe they will. But with their heavy emphasis on their ICO, I did wonder if they were really a good fit for us, though honestly no outside exchange will be a perfect fit.

I share your sentiment wiser and would be more disappointed for them. DNotes is in a good position for exchanges right now, with a few exchanges in the pipe line, that is what we needed to continue DNotes growth.

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June 18, 2018, 02:53:05 PM
 #4534



Alan I think the requirement that our community members be forced to participate in an ICO is preposterous. Since seeing the first ICO's launched 4 years ago, I've refused to participate in a single one of the hundreds I've researched, and don't plan on starting anytime soon.


I'm as non risk-averse as they come. I make a lot of moves that no sane financial advisor would condone, but that's because my risk profile is a certain way. I'm comfortable making high variance moves with non-trivial amounts of Risk of Ruin.

But ICOs are where I draw the line. I've staunchly refused to participate in a single one. And like you, I don't ever plan on that changing.

DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World - https://bitcointalk.org/index.php?topic=1924858.0
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June 18, 2018, 04:11:25 PM
 #4535

Good morning everyone. Just here briefly to say hello. My focus now is on our Reg. D 506 (c) funding. We are very close to filing our offering statements with the SEC and our Web Portal is almost ready for launch.

This is the next most significant project I am working on now. It will take a few months and I will be providing updates when appropriate. Please be reminded that this round is specifically for certified accredited investors. Circulation of documents is controlled, and time stamped with different levels of approval process.

I am not hopeful that DNotes will be listed on Cryptaldash as they have announced. Their change of mind to require 100 participants in their ICO is the deal breaker. It’s unfortunate but we do not participate in any ICO that is not registered or exempt with the SEC.


Alan I think the requirement that our community members be forced to participate in an ICO is preposterous. Since seeing the first ICO's launched 4 years ago, I've refused to participate in a single one of the hundreds I've researched, and don't plan on starting anytime soon.

I think we're going to see many of our industry peers becoming intensely jealous of DNotes when they realize that the brilliant strategy of the DNotes team has put us in a stronger position than Bitcoin.


Bitcoin Could Break the Internet, Central Bank Overseer Says
https://www.bloomberg.com/amp/news/articles/2018-06-17/bitcoin-could-break-the-internet-central-banks-overseer-says

The BIS, an 88-year-old institution in Basel, Switzerland, that serves as a central bank for other central banks, said cryptocurrencies are too unstable[1], consume too much electricity[2], and are subject to too much manipulation and fraud to ever serve as bona fide mediums of exchange in the global economy[3]. It cited the decentralized nature of cryptocurrencies -- Bitcoin and its imitators are created, transacted, and accounted for on a distributed network of computers -- as a fundamental flaw rather than a key strength.

In one of its most poignant findings, the BIS analyzed what it would take for the blockchain software underpinning Bitcoin to process the digital retail transactions currently handled by national payment systems. As the size of so many ledgers swell, the researchers found, it would eventually overwhelm everything from individual smartphones to servers. [4]

“The associated communication volumes could bring the Internet to a halt,” the report said.


[1] DNotes has focused on stability since day one; preferring a slow gradual increase, rather than pushing for cataclysmic overnight gains that jeopardize long term stability.

[2] POS is much more energy efficient than Bitcoin's POW, and I'm willing to wager that it would be more energy efficient than current banking infrastructure when taxed with similar volume.

[3] Alan, I think you just proved this point with the CryptoDash exchange ICO; The DNotes team would never participate in any unlawful activities that would jeopardize stakeholder funds.

[4] DNotes offers options to store and transact that are not bandwidth intensive - DNotesVault and the Electrum wallets.

Brandon, your points are brilliantly stated. I rest my case.
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June 18, 2018, 04:16:16 PM
 #4536



Alan I think the requirement that our community members be forced to participate in an ICO is preposterous. Since seeing the first ICO's launched 4 years ago, I've refused to participate in a single one of the hundreds I've researched, and don't plan on starting anytime soon.


I'm as non risk-averse as they come. I make a lot of moves that no sane financial advisor would condone, but that's because my risk profile is a certain way. I'm comfortable making high variance moves with non-trivial amounts of Risk of Ruin.

But ICOs are where I draw the line. I've staunchly refused to participate in a single one. And like you, I don't ever plan on that changing.

MiningHabit, ICO can be the greatest tool for capital formation. Unfortunately, it has also been used as the greatest tool to exploit consumer protection.
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June 18, 2018, 04:16:53 PM
 #4537

Can someone please tell me if CryptalDash is still planning on listing DNotes this month? I know things weren't finalized but the 19th is just around the corner. Any feedback would be greatly appreciated Grin

As you know, CryptalDash made an announcement to list DNotes after the beta phase and after reaching an agreement with us. CryptalDash has requested a revision to our original agreement and we have raised an objection to that revision as we cannot obligate our supporters to participate in the ICO. So far we have not gotten a response.

Thanks for letting me know.
I'm sure something better will come along when we least expect it. Keep up the good work Smiley

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June 18, 2018, 04:21:04 PM
 #4538

Good morning everyone. Just here briefly to say hello. My focus now is on our Reg. D 506 (c) funding. We are very close to filing our offering statements with the SEC and our Web Portal is almost ready for launch.

This is the next most significant project I am working on now. It will take a few months and I will be providing updates when appropriate. Please be reminded that this round is specifically for certified accredited investors. Circulation of documents is controlled, and time stamped with different levels of approval process.

I am not hopeful that DNotes will be listed on Cryptaldash as they have announced. Their change of mind to require 100 participants in their ICO is the deal breaker. It’s unfortunate but we do not participate in any ICO that is not registered or exempt with the SEC.


Thanks for the update, Alan. It's always welcomed both here and on Telegram.

I'm disappointed to learn that Cryptaldash may go back on their promise to us to list DNotes. It's not that I think we really need them or anything, as we already have some good markets. I'm more disappointed for them. I think it looks bad to put out a big interview video (great job, TeeGee on that one!) announcing the listing of a coin and then not do it. I would think if they want to force ICO participation for future coins they should still grandfather in the coins they have already accepted, and maybe they will. But with their heavy emphasis on their ICO, I did wonder if they were really a good fit for us, though honestly no outside exchange will be a perfect fit.

I totally agree with you wiser. I think its best if we just focus on moving forward without them. They can't force people to participate in their ICO. So not cool Shocked

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June 18, 2018, 04:23:49 PM
 #4539

Good morning everyone. Just here briefly to say hello. My focus now is on our Reg. D 506 (c) funding. We are very close to filing our offering statements with the SEC and our Web Portal is almost ready for launch.

This is the next most significant project I am working on now. It will take a few months and I will be providing updates when appropriate. Please be reminded that this round is specifically for certified accredited investors. Circulation of documents is controlled, and time stamped with different levels of approval process.

I am not hopeful that DNotes will be listed on Cryptaldash as they have announced. Their change of mind to require 100 participants in their ICO is the deal breaker. It’s unfortunate but we do not participate in any ICO that is not registered or exempt with the SEC.


Thanks for the update, Alan. It's always welcomed both here and on Telegram.

I'm disappointed to learn that Cryptaldash may go back on their promise to us to list DNotes. It's not that I think we really need them or anything, as we already have some good markets. I'm more disappointed for them. I think it looks bad to put out a big interview video (great job, TeeGee on that one!) announcing the listing of a coin and then not do it. I would think if they want to force ICO participation for future coins they should still grandfather in the coins they have already accepted, and maybe they will. But with their heavy emphasis on their ICO, I did wonder if they were really a good fit for us, though honestly no outside exchange will be a perfect fit.

Wish I have more time to response. But you are correct, wiser, "honestly no outside exchange will be a perfect fit." We can accept some imperfection but must maintain a high level of trust and integrity.  
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June 18, 2018, 05:05:09 PM
Last edit: June 19, 2018, 02:48:23 AM by TeeGee
 #4540

It's no biggie -- Mercatox seem to be a pretty good exchange for the time being! And we're actively working towards getting on more, larger exchanges especially as we undertake the first round of funding that should commence very soon.

I also just released a video on how to purchase Bitcoin and DNotes from Coinbase and Mercatox -- for new investors to have an easy 'How To' guide.

Check it out:

https://www.youtube.com/watch?v=N4THrI0CC2Q

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