DNotes 2.0 - Staking, CRISP Interest, DNotes Pay

[lionmax]

Hi !
DNotes added to EZPool.net


---========= miner settings ========---

stratum+tcp://eu.ezpool.net:2772
Username: your_dnotes_address
pass : x

=================================

Good luck !

Thanks lionmax! EU servers?

yes.

[1715094474]

1715094474

[1715094474]

1715094474

[1715094474]

1715094474

[1715094474]

1715094474

[Dyna]

This is a highly informative article on appropriate tax reporting: https://www.coindesk.com/dont-know-crypto-taxes-can-hurt/

I'm in the "buy more time by filing an extension" club

Thanks for sharing, wiser. This may be the first time in a long time when it makes sense to file an extension. I hope that by then there will be better guidance from the IRS.

[Dyna]

Another feature you might consider adding in a future update: scrape addresses. Those direct staking rewards to a different address than the one with the balance that staked. This is useful in situations where you want to preserve your principal but spend your "interest." It would be especially attractive now that I know a simple withdrawal will not jeopardize CRISP rewards for the entire balance--I believe directing staking rewards to a scrape address could register as a withdrawal on a technical level.

That request has come up a few times. The challenge, to me, which I haven't really discussed with my team just yet, is deferring staking privileges and at the same time sending the balance somewhere completely different (external wallet that is not part of the equation).

Deferred staking without affecting CRISP should be fine.

Definitely doable, just have to appropriately prioritize it in relation to complexity and time required to make all of these features work together simultaneously.

Glad to know it's at least on the list. I wouldn't see it as a top priority in the early stages. It's not like I'm going to be selling DNotes at 1.8 cents anyway. This will become more relevant as the DNotes price climbs and staking rewards become significant in terms of monetary value. In the mean time, growing the balance makes the most sense as an investor

Wiser, I agree with you on this one - growing the DNotes balance at this time makes the most sense. We are getting to the stage when DNotes is hard to come by, especially after April 16, 2018 when DNotes 1.x ends.

My highest priority at this time is on funding and we are making great progress. We have two firms working on our Reg. D 506 (c) and decided to increase the amount to $5 million to make it more attractive for a large Dealer Broker network to assist us. This round will be limited only to accredited investors.

As soon as we get close to the $2 million marks, our law firm will start drafting our filing for the next round - Reg. A+ Mini-IPO Tier 2 to raise $50 million from accredited and non-accredited investors worldwide. That will take us to the later part of this year. I am more confident than ever that we are on an amazing strategic path to realize our vision of mass adoption of DNotes. We will be a significant industry force but will only get there with the right team - those who are committed to be best in class in all things that matter.

[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!!  

[DNotes]

Please be sure to have your DNotes off of the exchanges before April 16th.

It is imperative that if you wish to participate in the swap for DNotes 2.0, now or in the future, that you remove your coins from the exchanges prior to April 16th. Leaving your coins on the exchange means that the exchange controls your coins, and not you. We will of course make every effort to help you swap your coins but we cannot make any guarantees that we can recover coins that are not in your control.

[Dyna]

Please be sure to have your DNotes off of the exchanges before April 16th.

It is imperative that if you wish to participate in the swap for DNotes 2.0, now or in the future, that you remove your coins from the exchanges prior to April 16th. Leaving your coins on the exchange means that the exchange controls your coins, and not you. We will of course make every effort to help you swap your coins but we cannot make any guarantees that we can recover coins that are not in your control.

I just checked out Cryptopia. The following message was display:

Market Closing

NOTE/BTC market is closing, please cancel any open orders and withdraw your coins.

Please withdraw your DNotes from Cryptopia and any other exchange immediately if you have not done so. It must be done before April 16, 2018. Always remember, he who controls the wallet controls the coin. We can not help to swap your coin if you do not control the wallet.

[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]

Please be sure to have your DNotes off of the exchanges before April 16th.

It is imperative that if you wish to participate in the swap for DNotes 2.0, now or in the future, that you remove your coins from the exchanges prior to April 16th. Leaving your coins on the exchange means that the exchange controls your coins, and not you. We will of course make every effort to help you swap your coins but we cannot make any guarantees that we can recover coins that are not in your control.

[Dyna]

Don't forget to support Cryptocurrency Education Week

Quote from Chase on April 9, 2018:

Cryptocurrency Education Week is global.

We want to include and help everyone learn about cryptocurrency.

There are contests going on right now on Twitter and Facebook that anyone can take part in. Aside from the prizes at the end of the week, we are also giving away DNotes (upgraded 2.0 / POS) to random people that have shared #CryptocurrencyEducationWeek.

There are still some keys left to find in this -

From DNotesEDU: To celebrate a successful launch we have hidden several private keys containing DNotes, somewhere on https://dnotesedu.com, https://facebook.com/dnotesedu and https://twitter.com/dnotesedu! First to find the keys, and move the DNotes to their personal address gets to keep them!

If you are unsure about how to import a private key, here are some very simple instructions: https://dnotesedu.com/digital-currency/dnotes#import_private_key


There will also be another contest announced shortly on social media.

Please voice your support HERE: https://bitcointalk.org/index.php?topic=3281937.new#new

And check out DNotesEDU HERE: https://dnotesedu.com/2018/04/cryptocurrency-education-week/

[wiser]

Oooh! A hunt for private keys! Now that is fun! I'll take a look through your site and see if I can find one. But I'd be thrilled if some new people found them.

I'll try to get the word out here on Bitcoin Talk as well as on Steemit as well

Don't forget to support Cryptocurrency Education Week

Quote from Chase on April 9, 2018:

Cryptocurrency Education Week is global.

We want to include and help everyone learn about cryptocurrency.

There are contests going on right now on Twitter and Facebook that anyone can take part in. Aside from the prizes at the end of the week, we are also giving away DNotes (upgraded 2.0 / POS) to random people that have shared #CryptocurrencyEducationWeek.

There are still some keys left to find in this -

From DNotesEDU: To celebrate a successful launch we have hidden several private keys containing DNotes, somewhere on https://dnotesedu.com, https://facebook.com/dnotesedu and https://twitter.com/dnotesedu! First to find the keys, and move the DNotes to their personal address gets to keep them!

If you are unsure about how to import a private key, here are some very simple instructions: https://dnotesedu.com/digital-currency/dnotes#import_private_key


There will also be another contest announced shortly on social media.

Please voice your support HERE: https://bitcointalk.org/index.php?topic=3281937.new#new

And check out DNotesEDU HERE: https://dnotesedu.com/2018/04/cryptocurrency-education-week/

[DNotesEDU]

Oooh! A hunt for private keys! Now that is fun! I'll take a look through your site and see if I can find one. But I'd be thrilled if some new people found them.

I'll try to get the word out here on Bitcoin Talk as well as on Steemit as well

Don't forget to support Cryptocurrency Education Week

Quote from Chase on April 9, 2018:

Cryptocurrency Education Week is global.

We want to include and help everyone learn about cryptocurrency.

There are contests going on right now on Twitter and Facebook that anyone can take part in. Aside from the prizes at the end of the week, we are also giving away DNotes (upgraded 2.0 / POS) to random people that have shared #CryptocurrencyEducationWeek.

There are still some keys left to find in this -

From DNotesEDU: To celebrate a successful launch we have hidden several private keys containing DNotes, somewhere on https://dnotesedu.com, https://facebook.com/dnotesedu and https://twitter.com/dnotesedu! First to find the keys, and move the DNotes to their personal address gets to keep them!

If you are unsure about how to import a private key, here are some very simple instructions: https://dnotesedu.com/digital-currency/dnotes#import_private_key


There will also be another contest announced shortly on social media.

Please voice your support HERE: https://bitcointalk.org/index.php?topic=3281937.new#new

And check out DNotesEDU HERE: https://dnotesedu.com/2018/04/cryptocurrency-education-week/

Thanks Wiser! The remaining 5 private keys are hidden pretty well, but we plan on adding another 10 private keys somewhere across DNotesEDU material, so there should be a couple more easy ones coming soon!

[DNotes]

Pool update:

https://prohashing.com/
Contacted owners and support.

https://www.multipool.us/
Has already notified their users. Thank you!

https://ispace.co.uk/
Contacted via email.

https://hash-to-coins.com/
Contacted via email.

http://ezpool.net/
Contacted via bitcointalk

https://www.e-pool.net/
Contacted via email.

https://note.thecoin.pw/
Contacted via bitcointalk

Let me know if there are any on the list that I missed.

[TeeGee]

Pool update:

https://prohashing.com/
Contacted owners and support.

https://www.multipool.us/
Has already notified their users. Thank you!

https://ispace.co.uk/
Contacted via email.

https://hash-to-coins.com/
Contacted via email.

http://ezpool.net/
Contacted via bitcointalk

https://www.e-pool.net/
Contacted via email.

https://note.thecoin.pw/
Contacted via bitcointalk

Let me know if there are any on the list that I missed.

Wow, it really is not too long to go until the soft deadline!! May not be too long until the supply of old DNotes that were put on the market by miners dry up.

[DCEBrief]

DNotes Notice: Users Advised to Remove DNotes from Exchanges for DNotes 2.0 Swap

https://dcebrief.com/dnotes-notice-users-advised-to-remove-dnotes-from-exchanges-for-dnotes-2-0-swap/

[DNotes]

Yobit Exchange takes coins, but you can not withdraw coins !!!

Hi choter, are you able to make a withdrawal request at all?

[choter]

Yes thank you. panicked a little. all set off

[DNotes]

Yes thank you. panicked a little. all set off

No worries, glad to hear!

[umar25494]

Hi there,what will be the initial supply of NOTE2,will the unswaped token be burnt,like if out of 150 million,50 millions dnotes aren't swaped,will that make the initial supply of NOTE2 100 million?

[DNotes]

Hi there,what will be the initial supply of NOTE2,will the unswaped token be burnt,like if out of 150 million,50 millions dnotes aren't swaped,will that make the initial supply of NOTE2 100 million?

Hi umar25494,

We will be holding for those who show up late to the swap and anticipate there could be some of that where people just didn't get the message.

Otherwise, it will be used in part for the DNotesVault Guarantee fund. I believe Alan said 75% of any left over will be used for the guarantee fund, later this year.

It must be getting pretty close though now. I will get an exact figure over the next few days.

[Chase]

If you are looking for a trustworthy cryptocurrency project to invest in, find one that discloses all in a Regulation A+ mini-IPO! 

The reasons ICOs won't use Regulation A+ mini-IPO:

#1 - $50 million is the limit on how much they can raise

#2 - Company must be based in the U.S. or Canada (oddly enough both countries have investor protection laws😉)

#3 - The company needs to file an offering statement with the SEC that includes the following information -  "material risks; plan of distribution; use of proceeds; description of the business operations; discussion of financial condition and results of operations (MD&A); disclosure about directors, executives and key employees; executive compensation; beneficial security ownership information; related party transactions; and two years of financial information. For a Tier 2 offering, that financial information must be prepared in accordance with U.S. GAAP and audited by a PCAOB licensed auditor."

#4 - "The registration statement will also have numerous exhibits, such corporate records and material contracts and agreements."

#5 - "Particulars of the offering, such as what is being sold and at what price, need to be included. Key to this information is a reasonable valuation and rational use of proceeds. A company should demonstrate value through its financial statements and disclosures and establish that the intended use of proceeds will result in moving the business plan ahead and hopefully create increased value for the shareholders. Investors want to know that their money is being put to the highest and best use to result in return on investment. Repayment of debt or cashing out of series A investors is generally not a saleable use of proceeds. Looking for  $50 million for 30% of a pre-revenue start-up just isn’t going to do it! The company has to be prepared to show you, the investor, that it has a plan, management, vision and ability to carry out the business proposition it is selling.

#6 - And this should stop most of them from ever even thinking about applying:

No bad actors allowed - "The bad actor rules are there to protect investors and disqualify the company from using Regulation A+ if the company itself, its predecessor or an affiliate such as an officer, director, 20%-or-greater shareholder, promoter, broker or others directly involved in selling the offering have been subject to certain administrative orders, industry bars, injunctions involving certain securities law violations or certain specified criminal convictions all within the last 5 years or 10 years depending on the disqualifying event."

A brief summary of -  http://www.legalandcompliance.com/securities-law/regulation-a-ipo-or-mini-ipo/