dieglhix
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January 10, 2018, 09:03:32 PM |
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I see so many awesome projects but then when I look at the coin supply it disappoints me. Like seriously why does the company need to control 99.9% of the supply? This is why I cannot take these coins seriously. Why would I want to put my money into nothing that can be devalued with millions of coins over the long run? Its not financially attractive at all. I think this is going to be a huge draw back to some of these up and coming projects.
There literally is no reason for them to retain 99% of the supply. There are so many successful trustworthy projects that only hold about 10% of the supply and they have more than enough money to build a successful company.
Unfortunately because of this I will have to pass on this one however it looks like a great idea and I wish it success.
those tokens will be rewarded to those who use DOVU as PoS (mobility users), remember this is a long term project and it aims to work globally and become very big, hence it does need big supply |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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dieglhix
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January 10, 2018, 09:04:49 PM
Last edit: January 11, 2018, 01:43:53 AM by dieglhix |
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What is the number of tokens in circulation?
30M in exchanges and holders, the other half is for pilot phase (IIRC, please correct me if I am wrong!) |
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Teodora Rizova
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January 10, 2018, 09:08:57 PM |
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On which exchange is DOVU treaded. I think the that the team behind the project is pretty capable. Are there linked in profile of the team members somewhere?
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dieglhix
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January 11, 2018, 01:41:16 AM |
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On which exchange is DOVU treaded. I think the that the team behind the project is pretty capable. Are there linked in profile of the team members somewhere?
As for now, only EtherDelta and HitBTC. The team is in talks with other exchanges which are yet to be mentioned. Probably will be mentioned on 15th. This is the CEO's Linkedin profile. https://uk.linkedin.com/in/irfonwatkinsMore info about his previous work here: https://www.crunchbase.com/person/irfon-watkins |
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ibeta
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January 11, 2018, 08:08:47 AM |
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Interesting project - I usually research before investing or owning any cryptocurrency !. This will pay positively . Keep it up everyone
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JelenaKoen
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Activity: 127
Merit: 10
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January 11, 2018, 10:22:59 AM |
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I see so many awesome projects but then when I look at the coin supply it disappoints me. Like seriously why does the company need to control 99.9% of the supply? This is why I cannot take these coins seriously. Why would I want to put my money into nothing that can be devalued with millions of coins over the long run? Its not financially attractive at all. I think this is going to be a huge draw back to some of these up and coming projects.
There literally is no reason for them to retain 99% of the supply. There are so many successful trustworthy projects that only hold about 10% of the supply and they have more than enough money to build a successful company.
Unfortunately because of this I will have to pass on this one however it looks like a great idea and I wish it success.
Hi, Thank you for this post, I understand where you come from. What people need to understand is that DOVU is a utility token. Besides having a value on the market it has a value within our ecosystem. We will continue to release more supply as it’s needed for future projects. This means more tokens will be released on an ongoing basis. If it is a relatively large chunk of the circulating supply, this will, of course, be communicated. User growth fund tokens will be released for user growth fund purposes, team tokens for incentives, etcetera. The ultimate goal is to increase token utility. The reserve (300 million) is locked in for 2 years. Because tokens enter circulating supply for projects etc., this doesn’t mean that they are going to be immediately traded on exchanges. They are circulating for project use. I hope this sheds some light as to why the ration is the way it is. Best, Jelena |
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yweetot
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January 11, 2018, 10:41:27 AM |
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Is there any new progress in the recent project?
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yweetot
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January 11, 2018, 10:53:50 AM |
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Tweet link pages cannot be opened
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JelenaKoen
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January 11, 2018, 12:00:53 PM |
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On which exchange is DOVU treaded. I think the that the team behind the project is pretty capable. Are there linked in profile of the team members somewhere?
Hi, we are currently being traded on EtherDelta and HitBTC. Our LinkedIn profile can be found here https://www.linkedin.com/company/dovu/ with links to our team members. Cheers, Jelena |
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JelenaKoen
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January 11, 2018, 12:50:39 PM |
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tomaen
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January 11, 2018, 01:28:46 PM |
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Hi guys. I have couple questions:
1) what was the token price during ICO?
2) Was it sold out?
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JelenaKoen
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January 11, 2018, 01:44:27 PM |
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Hi guys. I have couple questions:
1) what was the token price during ICO?
2) Was it sold out?
Hi, The ICO price was 0.0003 ETH/DOV It wasn't sold out |
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JelenaKoen
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Activity: 127
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January 11, 2018, 01:50:52 PM |
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Interesting project - I usually research before investing or owning any cryptocurrency !. This will pay positively . Keep it up everyone
thanks for the support! |
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Carina.P
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January 12, 2018, 02:48:49 AM |
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guys ,what's next plan of hitting exchange ,
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Jayser_CR
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January 12, 2018, 03:00:47 AM |
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Hello, DOVU team. The Github page, stated on DOVU's site, seems to be dedicated to another ICO ( https://github.com/TokenMarketNet/ico ), which is not related to DOVU at all. Is that a mistake or maybe I am missing something? |
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leonard852
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January 12, 2018, 03:02:42 AM |
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Hello, DOVU team. The Github page, stated on DOVU's site, seems to be dedicated to another ICO ( https://github.com/TokenMarketNet/ico ), which is not related to DOVU at all. Is that a mistake or maybe I am missing something? DOVU project public by tokenmarket by dev , i think there is no problem. |
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danspasiva
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January 12, 2018, 03:12:49 AM |
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This is one of the best ideas i've seen recently. I'm upset I didn't find out about this one sooner during the ICO... very impressed with the concept itself I haven't seen anyone else come up with this so I think you've got no competition at this time. Hope to see it succeed regardless of whether i invest anything or not simply because I would like to see this concept become reality.
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JelenaKoen
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January 12, 2018, 12:16:03 PM |
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guys ,what's next plan of hitting exchange ,
Hi, Conversations are ongoing and we are hoping to have some update in the near future. We will share it across our social media channels. |
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JelenaKoen
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January 12, 2018, 12:34:49 PM |
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This is one of the best ideas i've seen recently. I'm upset I didn't find out about this one sooner during the ICO... very impressed with the concept itself I haven't seen anyone else come up with this so I think you've got no competition at this time. Hope to see it succeed regardless of whether i invest anything or not simply because I would like to see this concept become reality.
Thank you ever so much for your support. We hope to see you on board! Best, Jelena |
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