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

[beeelzebub]

So really bitfinex invested and will list dusk network for free?

Wow, this is really going to become big. I am very sad that i don't have 100 eth for investing.

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[DuskNetwork]

So Bitfinex will list Dusk for free and they even invested in them? This was hinted at in one of their articles.

"Conclude agreements with one of the world’s leading exchanges, who we will now be able to accommodate as a private sale contributor and partner as well as secure a free listing."


Source; https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f

Where you find about Bitfinex? I just read this article, but cant find no mention there about Bitfinex exchange.

https://twitter.com/DuskFoundation/status/1054798874865483776

More information about the partership between Dusk and Bitfinex will be disclosed very soon! 

[DuskNetwork]

So Bitfinex will list Dusk for free and they even invested in them? This was hinted at in one of their articles.

"Conclude agreements with one of the world’s leading exchanges, who we will now be able to accommodate as a private sale contributor and partner as well as secure a free listing."


Source; https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f

Nice news, i can say there are not going to be much problems to reach the soft cap now. This also gives more legitimacy to the project if anybody had any doubt, as you can never be sure these days 

Your support is greatly appreciated! We had already reached the softcap some time ago

[o48o]

https://twitter.com/DuskFoundation/status/1054798874865483776

More information about the partership between Dusk and Bitfinex will be disclosed very soon!  

Looks like i have backed the right horse. Thank you for the update. I wish i could promote you more. I might even wear your signature for free

[DuskNetwork]

https://twitter.com/DuskFoundation/status/1054798874865483776

More information about the partership between Dusk and Bitfinex will be disclosed very soon!  

Looks like i have backed the right horse. Thank you for the update. I wish i could promote you more. I might even wear your signature for free

I think we're planning to have some sort of bounty program later on but we're still looking into it! Your support is greatly appreciated

[mr.robot8]

Make sure you check in to Jelle speaking live!

https://twitter.com/DuskFoundation/status/1054798874865483776

Wow, thanks for sharing, tell me where this event takes place? Live performances help to better understand the concept of the project.

well a live event i think i'll watch it even although late, in fact i also think helps a lot  to better understand the various concepts,strategies, mechanisms of the project

[TheLivingcrypto]

Make sure you check in to Jelle speaking live!

https://twitter.com/DuskFoundation/status/1054798874865483776

Wow, thanks for sharing, tell me where this event takes place? Live performances help to better understand the concept of the project.

well a live event i think i'll watch it even although late, in fact i also think helps a lot  to better understand the various concepts,strategies, mechanisms of the project

But what's important here is the fact they're partnering up with Bitfinex which grands them a free listing as well as Bitfinex investing in Dusk. If you prefer a visual presentation I recommend watching the AMA they did with Crypto Fairy.

Part 1; https://www.youtube.com/watch?v=_eNwlWArqBY

Part 2; https://www.youtube.com/watch?v=DZ2Y0cWnWQI

[lobat999]

So Bitfinex will list Dusk for free and they even invested in them? This was hinted at in one of their articles.

"Conclude agreements with one of the world’s leading exchanges, who we will now be able to accommodate as a private sale contributor and partner as well as secure a free listing."


Source; https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f

Nice news, i can say there are not going to be much problems to reach the soft cap now. This also gives more legitimacy to the project if anybody had any doubt, as you can never be sure these days  

Having a strategic arrangement from a reputable exchange such as Bitfinex to be an investor and an official exchange is seldom seen in crypto world. I suppose Bitfinex was attracted by DUSK's immense potential as a blockchain platform.

[matjas]

But what's important here is the fact they're partnering up with Bitfinex which grands them a free listing as well as Bitfinex investing in Dusk. If you prefer a visual presentation I recommend watching the AMA they did with Crypto Fairy.

Part 1; https://www.youtube.com/watch?v=_eNwlWArqBY

Part 2; https://www.youtube.com/watch?v=DZ2Y0cWnWQI

That's great news! Looking at the state of the market, it's pretty awesome what the Dusk team managed to achieve so far.

[TheLivingcrypto]

But what's important here is the fact they're partnering up with Bitfinex which grands them a free listing as well as Bitfinex investing in Dusk. If you prefer a visual presentation I recommend watching the AMA they did with Crypto Fairy.

Part 1; https://www.youtube.com/watch?v=_eNwlWArqBY

Part 2; https://www.youtube.com/watch?v=DZ2Y0cWnWQI

That's great news! Looking at the state of the market, it's pretty awesome what the Dusk team managed to achieve so far.

I am sure they'll be able to fill their hardcap. Bitfinex is a great achievement. Not many projects are getting their funding together is this market. Even Bitfinex is sold about Dusk, other VC's who were still on the edge of investing will definitely make their move now. I'm looking forward to their announcement regarding the partnership. I got the feeling their partnership is much more than just a listing and an investment.

[viljy]

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 imagine you purchased 1,000,000 tokens and want to withdraw the first second;
1,000,000 (total allocation) / 31,536,000 (total seconds in a year) * 1 = 0.032 DUSK

So imagine you purchased 1,000,000 tokens and want to withdraw after a week;
1,000,000 (total allocation) / 31,536,000 (total seconds in a year) * 604,800 (total seconds in a week) = 19,178.08 DUSK

So imagine you purchased 1,000,000 tokens and want to withdraw after a month;
1,000,000 (total allocation) / 31,536,000 (total seconds in a year) * 2,628,000 (total seconds in a month) = 83,333.33 DUSK

So imagine you purchased 1,000,000 tokens and want to withdraw after 9 months;
1,000,000 (total allocation) / 31,536,000 (total seconds in a year) * 23,652,000 (total seconds in 9 months) = 750,000 DUSK

I hope this clearifies it! If you have any more questions, feel free to ask

That is, if you buy a million tokens and withdraw them in a month, you will get a little more than 80 thousand tokens. And the rest of the tokens will never be withdrawn. Then no one will want to buy a million, and take less, therefore all tokens will be frozen for one year. Right?

[loup]

So Bitfinex will list Dusk for free and they even invested in them? This was hinted at in one of their articles.

"Conclude agreements with one of the world’s leading exchanges, who we will now be able to accommodate as a private sale contributor and partner as well as secure a free listing."


Source; https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f

Nice news, i can say there are not going to be much problems to reach the soft cap now. This also gives more legitimacy to the project if anybody had any doubt, as you can never be sure these days 

Having a strategic arrangement from a reputable exchange such as Bitfinex to be an investor and an official exchange is seldom seen in crypto world. I suppose Bitfinex was attracted by DUSK's immense potential as a blockchain platform.

Indeed I'm surprise by the news. That gives a lot of trust to the project because this kind of movements are not very common.

[DuskNetwork]

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 imagine you purchased 1,000,000 tokens and want to withdraw the first second;
1,000,000 (total allocation) / 31,536,000 (total seconds in a year) * 1 = 0.032 DUSK

So imagine you purchased 1,000,000 tokens and want to withdraw after a week;
1,000,000 (total allocation) / 31,536,000 (total seconds in a year) * 604,800 (total seconds in a week) = 19,178.08 DUSK

So imagine you purchased 1,000,000 tokens and want to withdraw after a month;
1,000,000 (total allocation) / 31,536,000 (total seconds in a year) * 2,628,000 (total seconds in a month) = 83,333.33 DUSK

So imagine you purchased 1,000,000 tokens and want to withdraw after 9 months;
1,000,000 (total allocation) / 31,536,000 (total seconds in a year) * 23,652,000 (total seconds in 9 months) = 750,000 DUSK

I hope this clearifies it! If you have any more questions, feel free to ask

That is, if you buy a million tokens and withdraw them in a month, you will get a little more than 80 thousand tokens. And the rest of the tokens will never be withdrawn. Then no one will want to buy a million, and take less, therefore all tokens will be frozen for one year. Right?

You can make a call to the contract any time you want and as many times as you want.

[TheLivingcrypto]

So Bitfinex will list Dusk for free and they even invested in them? This was hinted at in one of their articles.

"Conclude agreements with one of the world’s leading exchanges, who we will now be able to accommodate as a private sale contributor and partner as well as secure a free listing."


Source; https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f

Nice news, i can say there are not going to be much problems to reach the soft cap now. This also gives more legitimacy to the project if anybody had any doubt, as you can never be sure these days 

Having a strategic arrangement from a reputable exchange such as Bitfinex to be an investor and an official exchange is seldom seen in crypto world. I suppose Bitfinex was attracted by DUSK's immense potential as a blockchain platform.

Indeed I'm surprise by the news. That gives a lot of trust to the project because this kind of movements are not very common.

I want to say I'm not really suprised due to the experienced team but you never know. Right now just happy I was able to invest in them

[martinholly167]

https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f
- Hard cap has been increased to $14.4m for 50% of tokens.

How much is the previous hard cap sir ?

[pynetx]

Partnership with Bitfinex will turn a lot of heads towards DUSK. Too bad there isn't any ICO. Need to wait till it hit the exchange.

[DuskNetwork]

https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f
- Hard cap has been increased to $14.4m for 50% of tokens.

How much is the previous hard cap sir ?

Our previous hardcap was 7.8M but we decided to increase it due to overwhelming interest and because we were advised to do so by our advisors and partners. With this increase we will be able to get more value-adding contributors onboard, have more liquidity, which is more resilient to unforeseen events, and use these additional funds to add more value to the project and its goals. We were also able to sign a partnership with Bitfinex because of this 

[iad_xo]

there are many projects already targeting privacy like DASH, XMR but no one compare with Komodo.  How is DUSK differentiate for compete with KOMODO platform? 

[DuskNetwork]

there are many projects already targeting privacy like DASH, XMR but no one compare with Komodo.  How is DUSK differentiate for compete with KOMODO platform? 

I am not really familiar with Komodo, if you could provide me with their specifics I will be able to differentiate us

[sge99]

Partnership with Bitfinex will turn a lot of heads towards DUSK. Too bad there isn't any ICO. Need to wait till it hit the exchange.

Indeed, this partnership is great news and definitely won't go unnoticed in the crypto community. Really good job of the Dusk team!