[ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities!

[iad_xo]

is there anyone have created competitive analysis of DUSK platform with other projects in existence?   May help understand value

[1714476063]

1714476063

[bitcoinbulk]

Do you think there will be a mainstream use of this service / platform

I would hope that the team believes there will be use, otherwise they wouldn't create the platform. Also, anyone willing to invest also believes in the team and the project!

[Ninjaboiii]

So this week the big announcement regarding the exchange will be released?

[DuskNetwork]

So this week the big announcement regarding the exchange will be released?

That's correct

[kraterion]

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.

as far as I understood Dusk isn't a security token at all, it's like Swarm, which an ecosystem made of security tokens but SWM itself is an utility token. I don't know about Polymath but maybe it's the same

[Frank37]

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.

But with the next bullrun much more people which now know the words Bitcoin and Blockchain from the media will enter the market.
And with them many weak hands will come again, so there is no chance to get rid of them.

[Jay2408]

is there anyone have created competitive analysis of DUSK platform with other projects in existence?   May help understand value

Dev already posted this comparison table earlier, it's also in the faq section on their website.

[Amelie Poulain]

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.

But with the next bullrun much more people which now know the words Bitcoin and Blockchain from the media will enter the market.
And with them many weak hands will come again, so there is no chance to get rid of them.

It's difficult to predict what will happen after 1 year, but if developer tokens will be unlocked in 1 year, it seems to me that they will want to do maximum possible to that time.

[VestRidCr]

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.

Now there are no projects that instantly collect hardcap)) For the red market, this is fantastic) To raise softcap is already good.

[bitcoin-shark]

well, good news the soft cap has been reached, so the tokens bought by investors in the private sale will be blocked for a year and then they will can be unlocked through smart contract, personally it seems a little long block...

[aveon]

The partnership is very important now and they have to strive for partnerships with big companies to succeed.

[LastHiT]

The partnership is very important now and they have to strive for partnerships with big companies to succeed.

Yeah, it could be more fantastic if they could get to partner with a company who will adopt the platform as its end user.

[Rigorous]

is there anyone have created competitive analysis of DUSK platform with other projects in existence?   May help understand value

Dev already posted this comparison table earlier, it's also in the faq section on their website.

Some of those I have never heard before.

Orchid Protocol raised $40 million?!

Polymath I know because of their video ad and airdrop which required KYC. And they raised quite a large amount of money.

[Trrrt]

Interesting to see the difference between dusk network and other project, some competition is good, that mean that there is a market and things to build. Dusk network seems to have very good argument to be a sucessfull project.

[belechau]

Interesting to see the difference between dusk network and other project, some competition is good, that mean that there is a market and things to build. Dusk network seems to have very good argument to be a sucessfull project.

The higher and higher quality is the competitiveness, be sure that the Team will apply even more, I see this done, and with the way to go and the possibility of something so great, I believe it will be continued

[lvsca]

by looking that table, there will be  hard competition.
and, Dusk have interesting feature on their platform

[levyashin]

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?

Actually dusk won't be a security token, it will be an ecosystem which will host security tokens. Still seems can be a little problematic for Sec regulations but it seems they will do it.

[turkandjaydee]

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.

Actually in current market condition, private sale, angel investor and other big investors have greater investment potential than relying on public investors.
There are so many people holding their bags and not ready to make another invesment.

[MattLeBlanc]

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.

Actually in current market condition, private sale, angel investor and other big investors have greater investment potential than relying on public investors.
There are so many people holding their bags and not ready to make another invesment.

Its a sad truth but the bearish market trend is like that at this moment. Angel investors and private sales are getting more and more investments for the project rather than public sale.

[jonnytracker]

There are many data project that pops up recently, I wonder whats special about this