DNotes 2.0 - Staking, CRISP Interest, DNotes Pay

[ZurbCash]

Hi Guys, I am trying to withdraw my coins from cryptopia to DNotesVault for swap but i am getting an error "Invalid NOTE address."? any help?

[AlCamus]

Hi Guys, I am trying to withdraw my coins from cryptopia to DNotesVault for swap but i am getting an error "Invalid NOTE address."? any help?

Did you take the account address which could be found under 'historic'?

[DNotes]

Hi Guys, I am trying to withdraw my coins from cryptopia to DNotesVault for swap but i am getting an error "Invalid NOTE address."? any help?

Did you take the account address which could be found under 'historic'?

Thanks ZurbCash,

AlCamus, 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 need any help, please feel free to contact us.

[DNotes]

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 Total Coins / 525,600
60 Second Block Target
0.005 Transaction Fee
Source: https://github.com/DNotesCoin/DNotes2.0
Download Wallet: https://github.com/DNotesCoin/DNotes2.0/releases/tag/v2.0.0.0
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?

A: DNotes stored on the DNotesVault are automatically swapped for you, you don’t need to take any action as the swap process has been done on your behalf.

For new coins you would like to swap, from an exchange, a local wallet, paper wallet, that were not already located on the DNotesVault:

If you do not already have a DNotesVault account, register here: https://dnotesvault.com/register
Login to your DNotesVault account.
Click “historic” at the top.
If you don't have any addresses yet, click create address.
Send your old DNotes to one of your historical addresses.
The DNotes you send will then be converted to the new DNotes 2.0 coins, and will show in your new DNotes wallet under “dashboard” after we have completed the swap process.
Note: Please allow some time for this process to complete.

Q: I had a DNotes Vault account with DNotes in it before the swap. Have my old DNotes been swapped into the new coins?

A: Yes. We have taken care of swapping all coins held at the DNotes Vault at the time of the upgrade. You don’t need to take any action.


Q: I found some DNotes from the old blockchain, can I still swap them for the new DNotes tokens?

A: Yes, we will continue to run the old blockchain and give a reasonable period of time for people to swap their DNotes to the new DNotes 2.0 tokens. We recommend that users take action to swap their coins as soon as possible, and may treat swaps on a case by case basis.

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, 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: 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 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.

Q: What exchanges are DNotes listed on?

A: Cryptopia, Nova, Yobit, & Trade By Trade

Q: Will DNotes 2.0 be listed on new exchanges?

A: The DNotes team are working to get DNotes listed on new and larger exchanges.

Q: When will Cryptopia relist DNotes 2.0?

A: Cryptopia is starting the delisting process and they have advised they will connect us with their relisting team once the DNotes have been removed from the exchange, in order to prevent confusion.

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 DNotes on the exchange, do I need to remove them from the exchange?

A: Yes, as soon as possible. Please see “How do I swap my coins?”

Q: I have Mac or Specific Linux OS, will there be wallets for these?  

A: Yes, these are among our high priority items to get done as soon as possible.

Q: Where is the block explorer?

A: https://chainz.cryptoid.info/note/

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:

April 27 - Ends first CRISP period.
May 4 - Payout starts. (Virtually no one will receive this payout)
May 27 - Ends second CRISP period
June 3 - 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: 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

We have been working hard at DNotesEDU to get ready for the 1st Cryptocurrency Education Week starting on Sunday, April 8th. Just to clarify (so I don't get in trouble, lol) - the contests and giveaways are through social media and have nothing to do with Bitcointalk. Please do whatever you can to help by sharing as much as possible. Thank you!!





Cryptocurrency Education Week  


As part of Financial Literacy Month in the United States, DNotesEDU will be hosting Cryptocurrency Education Week from April 8th - 14th, 2018.

The goal is to raise awareness of the need for free, accurate, and unbiased introductory educational material on cryptocurrency. To achieve mainsteam adoption there needs to be a strong focus on investor protection, and while cryptocurrency education is the key to accomplishing this, it is also a favorite bait of fraudsters and their schemes. Quality educational material is honest about the risks involved, and does not make specific coin or token recommendations. There is no reference to anything that sounds like guaranteed high returns, earn $millions, hot tips, secrets that you have to pay for, or any other too-good-to-be-true claims. Educational material should be inclusive and empowering - it should teach you how to make decisions for yourself.

Contests and giveaways

During the week, we will be giving away DNotes digital currency to random lucky winners that have been sharing DNotesEDU cryptocurrency educational material on social media.
Make sure your posts contain #CryptocurrencyEducationWeek  @DNotesEDU so we can find you when searching.
Keep an eye out for additional contests and random, instant giveaways held throughout the week that will be announced on Facebook and Twitter.
At the end of the week, every eligible post has a chance to win a Grand Prize Draw of 5,000 DNotes, plus numerous runner-up prizes!

#CryptocurrencyEducationWeek @DNotesEDU - Posts to share

Share this Cryptocurrency Education Week announcement post and any/or all of the following:
Financial Literacy Needs to Include Knowledge on Cryptocurrency - https://dnotesedu.com/2018/04/financial-literacy-needs-to-include-knowledge-on-cryptocurrency/
If Cryptocurrency Confuses You... Start Here - https://dnotesedu.com/digital-currency/cryptocurrency/
Cryptocurrency and ICO Screening Guide for Investors - https://dnotesedu.com/2018/02/cryptocurrency-ico-screening-guide-for-investors/
Why Coin Age Matters in Cryptocurrency - https://dnotesedu.com/2018/04/why-coin-age-matters-in-cryptocurrency/
10 Reasons to do Your Homework Before Investing in ICOs - https://dnotesedu.com/2018/01/10-reasons-to-do-your-homework-before-investing-in-icos/
Risk Reduction Strategies in Cryptocurrency Investing: Part 1 - Education - https://dnotesedu.com/2018/04/risk-reduction-strategies-in-cryptocurrency-investing-part-1-education/
Risk Reduction Strategies in Cryptocurrency: Part 2 - Research - https://dnotesedu.com/2018/04/risk-reduction-strategies-in-cryptocurrency-investing-part-2-research/
Risk Reduction Strategies in Cryptocurrency: Part 3 - Diversification - https://dnotesedu.com/2018/04/risk-reduction-strategies-in-cryptocurrency-investing-part-3-diversification/
Risk Reduction Strategies in Cryptocurrency: Part 4 - Dollar Cost Averaging - https://dnotesedu.com/2018/04/risk-reduction-strategies-in-cryptocurrency-investing-part-4-dollar-cost-averaging/
Risk Reduction Strategies in Cryptocurrency: Part 5 - Security Precautions - https://dnotesedu.com/2018/04/risk-reduction-strategies-in-cryptocurrency-investing-part-4-dollar-cost-averaging/
Cryptocurrency Regulation - https://dnotesedu.com/digital-currency/regulation/
Other cryptocurrency educational material from the Digital Currency modules or blog - https://dnotesedu.com/digital-currency/regulation/

You can share as many times as you like, but it must be DNotesEDU cryptocurrency educational material only.
Make sure all posts contain both #CryptocurrencyEducationWeek  and  @DNotesEDU
Promotion of any coins or tokens is NOT allowed in the posts.

Good Luck!

https://dnotesedu.com/2018/04/cryptocurrency-education-week/

#CryptoCurrencyWeek @DNotesEDU starts today!





I have started a thread in the "Beginners and Help" forum - https://bitcointalk.org/index.php?topic=3281937.new#new. If anyone has a spare moment throughout the week, it would be very much appreciated it you could leave a comment and help keep the thread current. Helpful content gets drowned out very quickly on Bitcointalk. lol

Good luck to all contest participants!!  

[OFWCOIN.COM]

I have old Dnotes coins sitting in a wallet - is there a page that explains the swap process?

thanks

[giantkin]

I have old Dnotes coins sitting in a wallet - is there a page that explains the swap process?

thanks

http://dnotescoin.com/exchange-notice-urgent-action-required-dnotes-2-0/

SUMMARY:

 after signing up account goto HISTORIC tab and make an address.

    Send all coins there. (old Dnote)

wait.

g

[Amadeus82]

I really like how developers are constantly active on this forum and are supporting the community. Great work guys 

I have noticed that price of DNotes started to decline, my guess would be that happened mainly because delisting, prior to swapping to 2.0 on exchanges?  Hopefully soon more people will realise great potential of this coin and the team behind it. Also it would be nice to finally again see some upward movement in the crypto in general 

And one more question about CRISP reward. If I have let's say (for easier explanation) 100 coins in my DNotes vault and in the middle of the monthly CRISP period I add 10 more, then CRISP reward will be still for 100 coins that month and the next month for 110?

[DNotes]

I have old Dnotes coins sitting in a wallet - is there a page that explains the swap process?

thanks

http://dnotescoin.com/exchange-notice-urgent-action-required-dnotes-2-0/

SUMMARY:

 after signing up account goto HISTORIC tab and make an address.

    Send all coins there. (old Dnote)

wait.

g

Thanks giantkin, that is correct.

We we take care of it from there ofwcoin, once you deposit, give us a few days and we will swap your coins for you into your DNotes 2.0 account.

If you have any questions, please let us know.

[DNotes]

I really like how developers are constantly active on this forum and are supporting the community. Great work guys 

I have noticed that price of DNotes started to decline, my guess would be that happened mainly because delisting, prior to swapping to 2.0 on exchanges?  Hopefully soon more people will realise great potential of this coin and the team behind it. Also it would be nice to finally again see some upward movement in the crypto in general 

And one more question about CRISP reward. If I have let's say (for easier explanation) 100 coins in my DNotes vault and in the middle of the monthly CRISP period I add 10 more, then CRISP reward will be still for 100 coins that month and the next month for 110?

Appreciate it Amadeus82, that is correct. The coins have to be in the address for full 30 days of the CRISP period. If you deposit in the middle of a CRISP period, you will have to wait for the next full CRISP period and subsequent CRISP payout for CRISP reward on that address.

[DNotes]

Update: NovaExchange has responded and added a note to their news - https://novaexchange.com/news/
They advised they are unable to mark it for delisting just yet as they are going through a management change but should be able to soon.

[wiser]

I really like how developers are constantly active on this forum and are supporting the community. Great work guys 

I have noticed that price of DNotes started to decline, my guess would be that happened mainly because delisting, prior to swapping to 2.0 on exchanges?  Hopefully soon more people will realise great potential of this coin and the team behind it. Also it would be nice to finally again see some upward movement in the crypto in general 

And one more question about CRISP reward. If I have let's say (for easier explanation) 100 coins in my DNotes vault and in the middle of the monthly CRISP period I add 10 more, then CRISP reward will be still for 100 coins that month and the next month for 110?

Appreciate it Amadeus82, that is correct. The coins have to be in the address for full 30 days of the CRISP period. If you deposit in the middle of a CRISP period, you will have to wait for the next full CRISP period and subsequent CRISP payout for CRISP reward on that address.

Just to clarify, a deposit won't make the address eligible for the CRISP reward. However, the amount recently deposited won't be involved in the reward calculation until the next full CRISP period. Is this correct?

[DNotes]

I really like how developers are constantly active on this forum and are supporting the community. Great work guys 

I have noticed that price of DNotes started to decline, my guess would be that happened mainly because delisting, prior to swapping to 2.0 on exchanges?  Hopefully soon more people will realise great potential of this coin and the team behind it. Also it would be nice to finally again see some upward movement in the crypto in general 

And one more question about CRISP reward. If I have let's say (for easier explanation) 100 coins in my DNotes vault and in the middle of the monthly CRISP period I add 10 more, then CRISP reward will be still for 100 coins that month and the next month for 110?

Appreciate it Amadeus82, that is correct. The coins have to be in the address for full 30 days of the CRISP period. If you deposit in the middle of a CRISP period, you will have to wait for the next full CRISP period and subsequent CRISP payout for CRISP reward on that address.

Just to clarify, a deposit won't make the address eligible for the CRISP reward. However, the amount recently deposited won't be involved in the reward calculation until the next full CRISP period. Is this correct?

A new deposit to an address won't affect the existing coins eligibility to be included in the next CRISP reward.

The newly deposited coins just won't be eligible for the reward until they have been in that address for a full CRISP cycle.

[karayo]

i receive an email from cryptopia saying Dnotes is delisted from cryptopia , is it true ?

[DNotes]

i receive an email from cryptopia saying Dnotes is delisted from cryptopia , is it true ?

Hi karayo, yes that is true. We are working on a 1:1 coin swap for DNotes 2.0. If you need any help, just let us know.

[karayo]

this is temporary just time to switch dnot by 2.0 ? or definetivly ?
By the way do you plain to be on another exchange

[DNotes]

this is temporary just time to switch dnot by 2.0 ? or definetivly ?
By the way do you plain to be on another exchange

The soft deadline is 4/16/2018. However, we will make arrangements for swaps anytime after, it just may be a difficult process.

We are working very hard to getting DNotes 2.0 listed on new exchanges.

[Dyna]

May I respectfully ask how many of you know the difference between an “ICO” and a Reg. A+ Mini-IPO? Don’t feel embarrassed if you don’t know.  Many professionals, and VC guys, who should know, are clueless. That will continue to hunt our industry – perpetuate bad advice and misinformation while charging their clients for a lot of money.

As they are currently structured ICOs (Initial Coin Offerings) cannot and have not been registered with the SEC or in compliance with state blue-sky laws. The sale of securities that is not registered or exempt with the SEC is illegal.  However, it is perfectly legal to limit the investment to only accredited investors with a filing of a private placement memorandum, like Reg. D 506 (c) with the SEC. But by itself, that limits the number of participating investors, not enough, if the objective is to launch a coin with massive participation to get it listed on an exchange and get the price to the moon.  I am beginning to take notice of a second wave of ICOs taking place using this combination. To me the legal exposure remains. And, I agree with the author that, “much of the ICO activity in the US was completed in total disregard to existing securities law.”

“Feit says Reg A+ may be the solution that ICO issuers need but, again, this securities exemption is not without certain requirements that take both time and money.”

In contrast to ICO, Reg. A+ Mini-IPO Title IV Tier 2 of the JOBS Act is a “Qualified” exemption with the SEC to raise up to $50 million from accredited and non-accredited investors worldwide with general advertising. However, it is very time consuming and expensive and no funding can be excepted until the filing is “Qualified” by the SEC.

In our case, it involves the sale of DNotes Global, Inc. common shares. It does not involve any DNotes. It is important to keep DNotes as a digital currency token that has never been sold as a “security” or participated in any ICOs.

Investor can invest in one or both of our projects and still get the benefits of our cross ownership. We are often unique because we are willing to bear the cost and take the time to do the right thing.

Ryan Feit from SeedInvest: Crypto Securities Regulation 101

During the 2018 LendIt Fintech conference in San Francisco this week, SeedInvest CEO Ryan Feit delivered a presentation on the current state of securities regulations in regards to initial coin offerings (ICOs).

Until recently, much of the ICO activity in the US was completed in total disregard to existing securities law. Comments emanating from the Securities and Exchange Commission (SEC) clarified their view that pretty much all ICOs were securities and needed to file for an appropriate securities exemptions. One of the most compelling aspects of tokens issued during an ICO is the fact that typically soon after the minting of these digital coins they could be traded on a crypto-exchange thus creating immediate liquidity. This creates another significant hurdle for issuers who want to remain compliant in the eyes of the SEC (and CFTC) as the exchanges are not regulated and these tokens are being viewed as securities.

Feit, who has been in the securities crowdfunding space for some years now, points to two of the biggest challenges in the ICO market;
“The biggest challenge to launching successful token offerings in a regulated environment will be secondary market liquidity,” said Ryan Feit, CEO & Co-Founder of SeedInvest.  “The crypto community is going to need to figure out a number of securities issues that nobody is talking about such as Blue Sky and 12(g).”

The 12(g) rule has to do with a severe limit on the number of token holders of record and a trip wire on assets above $10 million. If you trigger 12(g) the SEC expects you to become a reporting company like companies traded on public exchanges. That is a problem.
Blue Sky references the need to kiss the ring of every single state regulator before you trade securities on an exchange.  Feit says Reg A+ may be the solution that ICO issuers need but, again, this securities exemption is not without certain requirements that take both time and money.

Source: https://www.crowdfundinsider.com/2018/04/131732-ryan-feit-from-seedinvest-crypto-securities-regulation-101/

[wiser]

A new deposit to an address won't affect the existing coins eligibility to be included in the next CRISP reward.

The newly deposited coins just won't be eligible for the reward until they have been in that address for a full CRISP cycle.

Thanks. That is what I thought.

Wiser, I am impressed that you always asked great questions. We make great efforts to see to it that things are as simple as possible to the users. Despite that it is not always easy for everyone to understand. We will continue to push for improvement and appreciate your contribution to help us get better.

Thanks for the kind words. I'm happy to help. I will be more than happy to write up a tutorial or two on straight staking and when applicable, cold staking, once I get some experience with it under my belt. I'm planning to get one of my wallets set up today to play around with it.

[Dyna]

Another terrific book review by BuyBookPro, a popular book review site with over 250,000 visitors.

The book is one of our strategic building blocks that cannot be easily replicated by our competitors. Take notice that the book links DNotes and everything that we do into one package giving us maximum synergistic impact. Its exposure is already reaching millions of people beyond our industry. There are many interviews, articles, and book reviews scheduled for the coming weeks and months.

We do not just talk about mass adoption of DNotes. Instead, we have clearly defined our strategic path to realizing the vision. Do the right thing, the right way – everything else will fall in place.

Book Review: ‘Improve Your Odds: The Four Pillar of Business Success,’ by Alan Yong

“Recently, DNotes Global, Inc., an ambitious contender in the digital currency arena, announced it’s releasing DNotes 2.0, an upgraded version of the currency it developed in 2014. In four short years, this company dedicated to making cryptocurrency accessible to all has grown up. Its co-founder, Alan Yong, has directed a steady and consistent course since the firm’s onset — and the strategy has gained a solid footing in this tricky new field. Now Yong has consolidated his formidable business acumen into his book, Improve Your Odds: The Four Pillars of Business Success.

Yong has a fascinating backstory: he’s a natural entrepreneur with a deeply innovative streak. Back in the early 90s, he was responsible for the DTR — the world’s first personal tablet computer. His firm, Dauphin, was contracted by the Pentagon and had a manufacturing agreement with IBM. And he was also involved in flower: he created one of the largest daylily growing operations in the US. He’s no dreamer, though: as he notes in this revealing and insightful book. He’s had his fair share of failures as well as successes and has learned from them all.  

The key to business success is not some wild stroke of luck, but focusing on four basics, according to Yong. Unlike many business guides that promise a whole new system and require a complex new lexicon to understand it, Yong’s four pillars make classic practical sense. First, leaders have to focus on themselves and make sure they’re up to the job. Then they have to make sure their ideas are sound and innovative enough to rise above the fray. Next comes the people — since no organization can be good without a core team as well as all employees who are productive, engaged, and aligned with business objectives. And finally, in a very clear case of last but not least, never forget the customers. No matter how amazing your business idea may be, no matter how sleek the new product or service, if the customers don’t want it, you’re sunk.” ………..

“This is a highly useful book. Its author has taken the time and energy to write out his business strategies not out of a need to gratify his own sense of importance, but as a way to help others understand how to handle the pressures and stresses of entrepreneurship. Why? For one simple reason: you can’t have a healthy economy if you don’t have healthy contenders, and if they don’t all seem to understand the keys behind staying alive, Yong is happy to help. The health of any economy depends on the health of its participants — and certainly, we’re going to see how that plays out in years to come, as DNotes and its compatriots reshape our concept and use of money. In keeping with DNotes’ commitment to digital currency for all, Improve Your Odds is a primer on smarter leadership for all. We need more books like this — or maybe we just need this one.”
Read more: http://www.buybookspro.com/book-it/book-review-improve-your-odds-the-four-pillar-of-business-success-by-alan-yong/

[Dyna]

May I respectfully ask how many of you know the difference between an “ICO” and a Reg. A+ Mini-IPO? Don’t feel embarrassed if you don’t know.  Many professionals, and VC guys, who should know, are clueless. That will continue to hunt our industry – perpetuate bad advice and misinformation while charging their clients for a lot of money.

As they are currently structured ICOs (Initial Coin Offerings) cannot and have not been registered with the SEC or in compliance with state blue-sky laws. The sale of securities that is not registered or exempt with the SEC is illegal.  However, it is perfectly legal to limit the investment to only accredited investors with a filing of a private placement memorandum, like Reg. D 506 (c) with the SEC. But by itself, that limits the number of participating investors, not enough, if the objective is to launch a coin with massive participation to get it listed on an exchange and get the price to the moon.  I am beginning to take notice of a second wave of ICOs taking place using this combination. To me the legal exposure remains. And, I agree with the author that, “much of the ICO activity in the US was completed in total disregard to existing securities law.”

“Feit says Reg A+ may be the solution that ICO issuers need but, again, this securities exemption is not without certain requirements that take both time and money.”

In contrast to ICO, Reg. A+ Mini-IPO Title IV Tier 2 of the JOBS Act is a “Qualified” exemption with the SEC to raise up to $50 million from accredited and non-accredited investors worldwide with general advertising. However, it is very time consuming and expensive and no funding can be excepted until the filing is “Qualified” by the SEC.

In our case, it involves the sale of DNotes Global, Inc. common shares. It does not involve any DNotes. It is important to keep DNotes as a digital currency token that has never been sold as a “security” or participated in any ICOs.

Investor can invest in one or both of our projects and still get the benefits of our cross ownership. We are often unique because we are willing to bear the cost and take the time to do the right thing.

Ryan Feit from SeedInvest: Crypto Securities Regulation 101

During the 2018 LendIt Fintech conference in San Francisco this week, SeedInvest CEO Ryan Feit delivered a presentation on the current state of securities regulations in regards to initial coin offerings (ICOs).

Until recently, much of the ICO activity in the US was completed in total disregard to existing securities law. Comments emanating from the Securities and Exchange Commission (SEC) clarified their view that pretty much all ICOs were securities and needed to file for an appropriate securities exemptions. One of the most compelling aspects of tokens issued during an ICO is the fact that typically soon after the minting of these digital coins they could be traded on a crypto-exchange thus creating immediate liquidity. This creates another significant hurdle for issuers who want to remain compliant in the eyes of the SEC (and CFTC) as the exchanges are not regulated and these tokens are being viewed as securities.

Feit, who has been in the securities crowdfunding space for some years now, points to two of the biggest challenges in the ICO market;
“The biggest challenge to launching successful token offerings in a regulated environment will be secondary market liquidity,” said Ryan Feit, CEO & Co-Founder of SeedInvest.  “The crypto community is going to need to figure out a number of securities issues that nobody is talking about such as Blue Sky and 12(g).”

The 12(g) rule has to do with a severe limit on the number of token holders of record and a trip wire on assets above $10 million. If you trigger 12(g) the SEC expects you to become a reporting company like companies traded on public exchanges. That is a problem.
Blue Sky references the need to kiss the ring of every single state regulator before you trade securities on an exchange.  Feit says Reg A+ may be the solution that ICO issuers need but, again, this securities exemption is not without certain requirements that take both time and money.

Source: https://www.crowdfundinsider.com/2018/04/131732-ryan-feit-from-seedinvest-crypto-securities-regulation-101/

Great article Dyna! Thank you for pointing out the difference.

You are very welcome, Amadeus82. It is important for all of us to help educate others so that the can not be so easily scammed.

I have no doubt that DNotes will be successful as long as we stay on the right path and keep making good progress.  Thanks for your support.