DuskNetwork (OP)
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October 21, 2018, 06:49:52 PM |
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Why do you guys think whales wont dump.? They have done in the past for mere 10-50 sat profit. When you have a huge stash of tokens, even that small profit is allot bigger in terms of money.
After the private is conducted we will deploy a smart contract which will vest allocations second by second. What this means in practice is that at any point a token investor wanted to release their tokens, they can make a call on the smart contract and then will have access to the total number of tokens that will have vested at that second. As an example: after the lockup, tokens will be vested over 31,536,000 seconds (365 days x 24 hours x 60 minutes x 60 seconds). If they did it at exactly 6 months, they would receive half. If they did it at 1 day, then 10 days, then 57 days, and then every 3 weeks; they would receive the relevant whole tokens (rounded down) at each specific second.
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aveon
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October 21, 2018, 07:19:34 PM |
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Dusk Network welcomes the Block Venture Coalition as a Strategic Partner!We are proud to announce our partnership with BlockVenture Coalition (BVC).About BlockVenture Coalition (BVC)The BlockVenture Coalition is the largest alliance of university blockchain groups and venture money in the world (41 university/research groups, 44 blockchain specific VCs). Their mission is to connect high potential blockchain companies with the resources they need to excel, while spurring inter-university collaboration. They have deep media connections, exchange relationships, and currently come across 5–6 blockchain startups a day (which will bolster the STO Incubator project flow). The Dusk Network has a very strong academic component — our whitepaper is a formalized academic proof, and many of our other research compendia and partners are following the highest level of academic R&D standards. It’s important to stay on top of the latest research coming out of universities — Dusk will do this through the BVC. The BVC provides connections with solid public research and can kickstart adoption through user groups, node-running communities, public developers, and many more academically relevant avenues. They will be the key player to connect Dusk Network to the top Universities in the USA and the rest of the Americas, to ensure a healthy talent pipeline for Dusk Network. Another key element the BVC is bringing to the table is their great connections to major exchanges in the USA. Dusk Network has a solid network in Europe, and wants to operate at the same level on all continents. For us the BVC is the partner that will enable DUSK to trade on the best US exchanges. Finally, the BVC will help Dusk Network get a foot on the ground in the USA’s regulatory space. Dusk Network’s STO Incubator will initially focus on well understood local jurisdictions, but will inevitably tackle the USA’s securities space. A local partner will be a requirement to prevent a difficult process becoming impossible. Words from BVC‘ Dusk Network immediately sprang out as a unique project to us. Their approach to deal with regulatory compliance and privacy on-chain makes me think of a private, scalable version of Ethereum’ - Philip Forte, Partner at BlockVenture Coalition. ‘ We are extremely excited to start creating awareness around Dusk Network in our University Alliance. There is a lot of talent here and I want to make sure it ends up working for the right projects.’ - Tyler Wellener, Partner at BlockVenture Coalition. How to learn more about Dusk NetworkThe Dusk Network is a project coordinated by the Dusk Foundation. We are a decentralized ecosystem entirely focused on providing the perfect trade-off between privacy and transparency. Dusk protects privacy and fits regulations in payments, communications and asset transfers. Please consider joining us at the following media: Can you give us some additional resources of information so we may read more about this partnership?
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belechau
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October 21, 2018, 10:58:39 PM |
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Dusk Network welcomes the Block Venture Coalition as a Strategic Partner!We are proud to announce our partnership with BlockVenture Coalition (BVC).About BlockVenture Coalition (BVC)The BlockVenture Coalition is the largest alliance of university blockchain groups and venture money in the world (41 university/research groups, 44 blockchain specific VCs). Their mission is to connect high potential blockchain companies with the resources they need to excel, while spurring inter-university collaboration. They have deep media connections, exchange relationships, and currently come across 5–6 blockchain startups a day (which will bolster the STO Incubator project flow). The Dusk Network has a very strong academic component — our whitepaper is a formalized academic proof, and many of our other research compendia and partners are following the highest level of academic R&D standards. It’s important to stay on top of the latest research coming out of universities — Dusk will do this through the BVC. The BVC provides connections with solid public research and can kickstart adoption through user groups, node-running communities, public developers, and many more academically relevant avenues. They will be the key player to connect Dusk Network to the top Universities in the USA and the rest of the Americas, to ensure a healthy talent pipeline for Dusk Network. Another key element the BVC is bringing to the table is their great connections to major exchanges in the USA. Dusk Network has a solid network in Europe, and wants to operate at the same level on all continents. For us the BVC is the partner that will enable DUSK to trade on the best US exchanges. Finally, the BVC will help Dusk Network get a foot on the ground in the USA’s regulatory space. Dusk Network’s STO Incubator will initially focus on well understood local jurisdictions, but will inevitably tackle the USA’s securities space. A local partner will be a requirement to prevent a difficult process becoming impossible. Words from BVC‘ Dusk Network immediately sprang out as a unique project to us. Their approach to deal with regulatory compliance and privacy on-chain makes me think of a private, scalable version of Ethereum’ - Philip Forte, Partner at BlockVenture Coalition. ‘ We are extremely excited to start creating awareness around Dusk Network in our University Alliance. There is a lot of talent here and I want to make sure it ends up working for the right projects.’ - Tyler Wellener, Partner at BlockVenture Coalition. How to learn more about Dusk NetworkThe Dusk Network is a project coordinated by the Dusk Foundation. We are a decentralized ecosystem entirely focused on providing the perfect trade-off between privacy and transparency. Dusk protects privacy and fits regulations in payments, communications and asset transfers. Please consider joining us at the following media: Can you give us some additional resources of information so we may read more about this partnership? Great news for us as investors and companions of Dusk's progress. But how can this partnership contribute in the short term and long term to the development of the project?
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Trrrt
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October 21, 2018, 11:03:45 PM |
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Nice to see another partner for dusk network, I think it’s very important for a project to have solid partner, to raise fund and to help to develop the project. Dusk network team manage very well that part I think.
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Rigorous
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October 21, 2018, 11:26:51 PM |
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For us the BVC is the partner that will enable DUSK to trade on the best US exchanges.
Finally, the BVC will help Dusk Network get a foot on the ground in the USA’s regulatory space. Dusk Network’s STO Incubator will initially focus on well understood local jurisdictions, but will inevitably tackle the USA’s securities space. A local partner will be a requirement to prevent a difficult process becoming impossible.
So they are actually going to do it. Trade as DUSK as securities on US exchanges. Will it be the first security token to be allowed? Does anyone know what is the legal status of Polymath, another security token?
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levyashin
Sr. Member
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$CYBERCASH METAVERSE
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October 22, 2018, 05:20:29 AM |
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Why do you guys think whales wont dump.? They have done in the past for mere 10-50 sat profit. When you have a huge stash of tokens, even that small profit is allot bigger in terms of money.
After the private is conducted we will deploy a smart contract which will vest allocations second by second. What this means in practice is that at any point a token investor wanted to release their tokens, they can make a call on the smart contract and then will have access to the total number of tokens that will have vested at that second. As an example: after the lockup, tokens will be vested over 31,536,000 seconds (365 days x 24 hours x 60 minutes x 60 seconds). If they did it at exactly 6 months, they would receive half. If they did it at 1 day, then 10 days, then 57 days, and then every 3 weeks; they would receive the relevant whole tokens (rounded down) at each specific second. So the circulating supply will be amazingly tight at the beginning. I wonder how would it affect.
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batako
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October 22, 2018, 07:29:06 AM |
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Nice to see another partner for dusk network, I think it’s very important for a project to have solid partner, to raise fund and to help to develop the project. Dusk network team manage very well that part I think.
The more the partners they got means the project is good enough. Yep, it is very nice to see more partnership being made by the team and this for sure will bring a good confidence for investors.
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jonnytracker
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October 22, 2018, 07:36:21 AM |
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Do you think there will be a mainstream use of this service / platform
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Makkara
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October 22, 2018, 08:00:16 AM |
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For us the BVC is the partner that will enable DUSK to trade on the best US exchanges.
Finally, the BVC will help Dusk Network get a foot on the ground in the USA’s regulatory space. Dusk Network’s STO Incubator will initially focus on well understood local jurisdictions, but will inevitably tackle the USA’s securities space. A local partner will be a requirement to prevent a difficult process becoming impossible.
So they are actually going to do it. Trade as DUSK as securities on US exchanges. Will it be the first security token to be allowed? Does anyone know what is the legal status of Polymath, another security token?
I don't know about Polymath, but the part you quoted above is going to be quite significant if they manage to be accepted, even if it doesn't mean Dusk it's necessarily a security, maybe the team can clarify this.
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DuskNetwork (OP)
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October 22, 2018, 08:56:27 AM |
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When coins will be trading at exchanges? You will distribute ERC tokens at first or investors must wait native coins and your own blockchain?
The exact listing date has not been announced. All of the tokens will be subject to Second-By-Second vesting. We will release the ERC20 equivalent token to the market first. What this means "Second-By-Second vesting"? Can you explaine as I hear this first time And when private sale ends? You raised softcap already? After the private is conducted we will deploy a smart contract which will vest allocations second by second. What this means in practice is that at any point a token investor wanted to release their tokens, they can make a call on the smart contract and then will have access to the total number of tokens that will have vested at that second. As an example: after the lockup, tokens will be vested over 31,536,000 seconds (365 days x 24 hours x 60 minutes x 60 seconds). If they did it at exactly 6 months, they would receive half. If they did it at 1 day, then 10 days, then 57 days, and then every 3 weeks; they would receive the relevant whole tokens (rounded down) at each specific second. More information on the ending of the privatesale will follow soon. The softcap has been reached
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DuskNetwork (OP)
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October 22, 2018, 09:14:40 AM |
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I've been wondering on how will i market this to my friends in a one sentence in the future. You guys have any idea how to encapsulate the essential information about Dusk network to one sentence? Or a slogan?
A decentralized infrastructure focused on providing the sweet-spot between privacy and transparency in asset transfer; Security Token Offerings (STO), Regulatory Compliant Confidential Payments and secure communication. You could rephrase the hard words to something easier like; asset, value and data transfer
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DuskNetwork (OP)
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October 22, 2018, 09:28:09 AM |
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Great news for us as investors and companions of Dusk's progress. But how can this partnership contribute in the short term and long term to the development of the project?
Most is mentioned in the article itself; "The BVC provides connections with solid public research and can kickstart adoption through user groups, node-running communities, public developers, and many more academically relevant avenues. They will be the key player to connect Dusk Network to the top Universities in the USA and the rest of the Americas, to ensure a healthy talent pipeline for Dusk Network. Another key element the BVC is bringing to the table is their great connections to major exchanges in the USA. Dusk Network has a solid network in Europe, and wants to operate at the same level on all continents. For us the BVC is the partner that will enable DUSK to trade on the best US exchanges. Finally, the BVC will help Dusk Network get a foot on the ground in the USA’s regulatory space. Dusk Network’s STO Incubator will initially focus on well understood local jurisdictions, but will inevitably tackle the USA’s securities space. A local partner will be a requirement to prevent a difficult process becoming impossible."
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matjas
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October 22, 2018, 09:51:46 AM |
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Do you think there will be a mainstream use of this service / platform
I should hope so. The platform would provide great perks and above all it would be able to reduce costs by up to 30% which is a great result. That only is a good incentive to try out the platform.
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the_donald
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October 22, 2018, 10:55:53 AM Last edit: October 22, 2018, 01:24:34 PM by the_donald |
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Do you think there will be a mainstream use of this service / platform
I hope so, there have been other data projects, so there's definitely a demand in this field.
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viljy
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Fully Regulated Crypto Casino
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October 22, 2018, 11:14:39 AM |
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After the private is conducted we will deploy a smart contract which will vest allocations second by second. What this means in practice is that at any point a token investor wanted to release their tokens, they can make a call on the smart contract and then will have access to the total number of tokens that will have vested at that second. As an example: after the lockup, tokens will be vested over 31,536,000 seconds (365 days x 24 hours x 60 minutes x 60 seconds). If they did it at exactly 6 months, they would receive half. If they did it at 1 day, then 10 days, then 57 days, and then every 3 weeks; they would receive the relevant whole tokens (rounded down) at each specific second. More information on the ending of the privatesale will follow soon. The softcap has been reached That is, tokens can actually be taken away completely in a year? Does this mean that there will be swap tokens for coins only after this moment?
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o48o
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Leading Crypto Sports Betting & Casino Platform
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October 22, 2018, 11:53:09 AM |
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After the private is conducted we will deploy a smart contract which will vest allocations second by second. What this means in practice is that at any point a token investor wanted to release their tokens, they can make a call on the smart contract and then will have access to the total number of tokens that will have vested at that second. As an example: after the lockup, tokens will be vested over 31,536,000 seconds (365 days x 24 hours x 60 minutes x 60 seconds). If they did it at exactly 6 months, they would receive half. If they did it at 1 day, then 10 days, then 57 days, and then every 3 weeks; they would receive the relevant whole tokens (rounded down) at each specific second. More information on the ending of the privatesale will follow soon. The softcap has been reached Congratulations! But to be honest having softcap raised didn't really surprise me; Not having a hardcap raised would surprise me though .
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king_of_alts
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October 22, 2018, 12:15:43 PM |
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After the private is conducted we will deploy a smart contract which will vest allocations second by second. What this means in practice is that at any point a token investor wanted to release their tokens, they can make a call on the smart contract and then will have access to the total number of tokens that will have vested at that second. As an example: after the lockup, tokens will be vested over 31,536,000 seconds (365 days x 24 hours x 60 minutes x 60 seconds). If they did it at exactly 6 months, they would receive half. If they did it at 1 day, then 10 days, then 57 days, and then every 3 weeks; they would receive the relevant whole tokens (rounded down) at each specific second. More information on the ending of the privatesale will follow soon. The softcap has been reached That is, tokens can actually be taken away completely in a year? Does this mean that there will be swap tokens for coins only after this moment? Yes, after a year all tokens will be unlocked. It would make some sense to swap only after this lock up period but maybe they will leave open the option to swap for a long time and decide to swap before the year ends.
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loup
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October 22, 2018, 12:31:05 PM |
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After the private is conducted we will deploy a smart contract which will vest allocations second by second. What this means in practice is that at any point a token investor wanted to release their tokens, they can make a call on the smart contract and then will have access to the total number of tokens that will have vested at that second. As an example: after the lockup, tokens will be vested over 31,536,000 seconds (365 days x 24 hours x 60 minutes x 60 seconds). If they did it at exactly 6 months, they would receive half. If they did it at 1 day, then 10 days, then 57 days, and then every 3 weeks; they would receive the relevant whole tokens (rounded down) at each specific second. More information on the ending of the privatesale will follow soon. The softcap has been reached That is, tokens can actually be taken away completely in a year? Does this mean that there will be swap tokens for coins only after this moment? Yes, after a year all tokens will be unlocked. It would make some sense to swap only after this lock up period but maybe they will leave open the option to swap for a long time and decide to swap before the year ends. Many of last year's quick hands are already out of the market but still its too much time.
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pynetx
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October 22, 2018, 12:34:20 PM |
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After the private is conducted we will deploy a smart contract which will vest allocations second by second. What this means in practice is that at any point a token investor wanted to release their tokens, they can make a call on the smart contract and then will have access to the total number of tokens that will have vested at that second. As an example: after the lockup, tokens will be vested over 31,536,000 seconds (365 days x 24 hours x 60 minutes x 60 seconds). If they did it at exactly 6 months, they would receive half. If they did it at 1 day, then 10 days, then 57 days, and then every 3 weeks; they would receive the relevant whole tokens (rounded down) at each specific second. More information on the ending of the privatesale will follow soon. The softcap has been reached Congratulations! But to be honest having softcap raised didn't really surprise me; Not having a hardcap raised would surprise me though . If they have been running an ICO them hard cap would have achieved in no time but, in private sale it's a bit difficult to find the suitable investor.
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DuskNetwork (OP)
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October 22, 2018, 12:36:23 PM |
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After the private is conducted we will deploy a smart contract which will vest allocations second by second. What this means in practice is that at any point a token investor wanted to release their tokens, they can make a call on the smart contract and then will have access to the total number of tokens that will have vested at that second. As an example: after the lockup, tokens will be vested over 31,536,000 seconds (365 days x 24 hours x 60 minutes x 60 seconds). If they did it at exactly 6 months, they would receive half. If they did it at 1 day, then 10 days, then 57 days, and then every 3 weeks; they would receive the relevant whole tokens (rounded down) at each specific second. More information on the ending of the privatesale will follow soon. The softcap has been reached That is, tokens can actually be taken away completely in a year? Does this mean that there will be swap tokens for coins only after this moment? Basically we foresee plenty of options to migrate the vesting to the mainnet currency after the token swap moment, so that we do not have to continue vesting an ERC20 for x months after it's no longer relevant, we also foresee we can do this without impacting any privacy or disclosing user info.
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