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Author Topic: [ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities!  (Read 145628 times)
Frank37
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November 14, 2018, 05:29:11 PM
 #1721

I am kinda amazed that the mainnet would be live on q2 2019 already if the roadmap will hold, since i thought that this was more or less just on the concept stage and not coded yet.

I hope they started development already because it will be hard to deliver something from scratch that fast but since this project got well accepted, i am sure they are confident that they will deliver as planed. 

Sure, they are coding already. To code, test, bugfix and auditioning security such a project in 5 monthes is not possible imo.

 
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kraterion
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November 14, 2018, 05:59:48 PM
 #1722

since it's a standard ERC20 token, you can bet it will be listed on forkdelta and all decentralized exchanges.

Which probably means there will be another KYC for the swap to the DUSK blockchain, right? So the current Blockpass KYC is just valid for the ERC20 tokens bought through Ethfinex or straight from the DUSK team.
there will be a further kyc before the token swap on dusk blockchain is not good news, however, is good news that at least in the initial phase when the tokens will be erc20 will can be changed on decentralized exchanges(dex)...

Can you give examples of KYC made during token swaps? I don't recall any to be honest, usually KYC is only for token sales (ofc it's all right if you prove me wrong)

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Amelie Poulain
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November 14, 2018, 08:32:19 PM
 #1723

since it's a standard ERC20 token, you can bet it will be listed on forkdelta and all decentralized exchanges.

Which probably means there will be another KYC for the swap to the DUSK blockchain, right? So the current Blockpass KYC is just valid for the ERC20 tokens bought through Ethfinex or straight from the DUSK team.
there will be a further kyc before the token swap on dusk blockchain is not good news, however, is good news that at least in the initial phase when the tokens will be erc20 will can be changed on decentralized exchanges(dex)...
I think you are right, forkdelta - it will be available I have no doubt, as for IDEX - they have minimum requirement, but if the team makes an effort, this listing will be easy to get.
aveon
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November 14, 2018, 08:38:24 PM
 #1724

Anyways, either this or that exchange - it will be very beneficial for a token to be listed at least on several platforms. This always attracts more attention to the project.
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November 14, 2018, 09:09:55 PM
 #1725

since it's a standard ERC20 token, you can bet it will be listed on forkdelta and all decentralized exchanges.

Which probably means there will be another KYC for the swap to the DUSK blockchain, right? So the current Blockpass KYC is just valid for the ERC20 tokens bought through Ethfinex or straight from the DUSK team.
there will be a further kyc before the token swap on dusk blockchain is not good news, however, is good news that at least in the initial phase when the tokens will be erc20 will can be changed on decentralized exchanges(dex)...

I don't think they've confirmed that have they? that would be bad news

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November 14, 2018, 09:45:02 PM
 #1726

I just came across the Dusk advertising on Coinmarketcap, congratulations to the Team for the initiative, investing in advertising is investing in the possibility of new adepts. I hope it brings excellent results that reflect investment
Rigorous
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November 14, 2018, 11:31:52 PM
 #1727

Which probably means there will be another KYC for the swap to the DUSK blockchain, right? So the current Blockpass KYC is just valid for the ERC20 tokens bought through Ethfinex or straight from the DUSK team.

Well, good point. 2 kyc would be meaningless. But maybe they can gather kyc information from ethfinex and won't ask a second one.

Also they have a vesting period for all tokens so i don't think they will unlock this erc tokens.

Eventually the vouchers will be traded on exchanges without KYC. The vouchers will get new, anonymous owners. If those vouchers are exchanged for DUSK tokens, is the Ethfinex KYC of the original investor still meaningful?

But I could be wrong. In the FAQ they say DUSK is intended to be fungible, while the XST tokens on top of DUSK have KYC built-in. Similar to Ether being a coin while there are ERC-20 tokens on top of Ethereum. And Ether is not a security while the SEC considers many tokens to be securities.
Token Williams
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November 15, 2018, 12:28:01 AM
 #1728


Anyone have an idea what the legal framework is in the netherlands regarding security tokens?
Are they regulated by the government?

It's regulated by the AFM (Financial Markets Authority)
PS92
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November 15, 2018, 12:44:50 AM
 #1729

Wow, not sure how wise it is to ICO in this market after today. I think all liquidity will dry up!

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November 15, 2018, 06:26:24 AM
 #1730


Dusk will start of as an ERC20 token and we'll swap to our native DUSK token in Q2 2019, that's when we launch our mainnet.

Since you are making a vesting period for all token holders, how will do in erc20 token.

With the same method or you will just lock all erc20 tokens till swap?

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November 15, 2018, 08:37:26 AM
 #1731

Wow, not sure how wise it is to ICO in this market after today. I think all liquidity will dry up!

Yes i also recommend that ICO's get postponed. Very few people will invest during these hard times.
It is a good time to prepare everything though. But again i don't think any residential investors will go ahead with investing right now.
Maybee some VC ..
DuskNetwork (OP)
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November 15, 2018, 09:06:42 AM
 #1732

I am kinda amazed that the mainnet would be live on q2 2019 already if the roadmap will hold, since i thought that this was more or less just on the concept stage and not coded yet.

I hope they started development already because it will be hard to deliver something from scratch that fast but since this project got well accepted, i am sure they are confident that they will deliver as planed. 

We started development a long time ago and will launch our devnet this quarter.
pynetx
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November 15, 2018, 09:19:27 AM
 #1733

Anyways, either this or that exchange - it will be very beneficial for a token to be listed at least on several platforms. This always attracts more attention to the project.


Yes, you are right. ERC20 token can be listed initially for the trading purpose then swap can take place.
turkandjaydee
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November 15, 2018, 09:43:05 AM
 #1734

Wow, not sure how wise it is to ICO in this market after today. I think all liquidity will dry up!

Yes i also recommend that ICO's get postponed. Very few people will invest during these hard times.
It is a good time to prepare everything though. But again i don't think any residential investors will go ahead with investing right now.
Maybee some VC ..
ICO is such a waste of time nowadays, the amount of failed ICOs has been raised since the bear market.
Dusk has made a right decision to not conduct an ICO, private sale/deals is the only way in current market condition.
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November 15, 2018, 10:03:22 AM
 #1735

We started development a long time ago and will launch our devnet this quarter.

It is actually quite good if before the end of the year the main scheleton will start to function. I reckon the other functionalities will come later on while in the begin there will just be an usual wallet available?

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November 15, 2018, 10:35:04 AM
 #1736

We started development a long time ago and will launch our devnet this quarter.

It is actually quite good if before the end of the year the main scheleton will start to function. I reckon the other functionalities will come later on while in the begin there will just be an usual wallet available?
What is certain is that everyone also hopes that before the end of the year the main scheleton can function but after all we cannot predict it so it's better to keep abreast of the developments

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November 15, 2018, 01:51:18 PM
 #1737

We started development a long time ago and will launch our devnet this quarter.

It is actually quite good if before the end of the year the main scheleton will start to function. I reckon the other functionalities will come later on while in the begin there will just be an usual wallet available?
What is certain is that everyone also hopes that before the end of the year the main scheleton can function but after all we cannot predict it so it's better to keep abreast of the developments

I like projects who move on forward inspite of the market moving against them. Sounds promising. We all hope to see brighter days ahead. Right now everyone sinking in the red sea
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November 15, 2018, 03:16:48 PM
 #1738

Wow, not sure how wise it is to ICO in this market after today. I think all liquidity will dry up!

Yes i also recommend that ICO's get postponed. Very few people will invest during these hard times.
It is a good time to prepare everything though. But again i don't think any residential investors will go ahead with investing right now.
Maybee some VC ..
ICO is such a waste of time nowadays, the amount of failed ICOs has been raised since the bear market.
Dusk has made a right decision to not conduct an ICO, private sale/deals is the only way in current market condition.

And the current down trend surely will make the ico projects harder to collect funds since most people are in the loss state. Maybe 2019 will bring a new hope for crypto currency.
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November 15, 2018, 03:37:21 PM
 #1739

I just came across the Dusk advertising on Coinmarketcap, congratulations to the Team for the initiative, investing in advertising is investing in the possibility of new adepts. I hope it brings excellent results that reflect investment

I agree. Having an advertising on Coinmarketcap is effective for the fact that is has a huge reach on crypto community. Its really a very good vector for project visibility.

I can't remember the last time I saw a project advertising there that I was interested in. Good job guys.

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November 15, 2018, 03:39:54 PM
 #1740

I just came across the Dusk advertising on Coinmarketcap, congratulations to the Team for the initiative, investing in advertising is investing in the possibility of new adepts. I hope it brings excellent results that reflect investment

I agree. Having an advertising on Coinmarketcap is effective for the fact that is has a huge reach on crypto community. Its really a very good vector for project visibility.

I can't remember the last time I saw a project advertising there that I was interested in. Good job guys.

CMC is a good place to buy ads on. Most people know the site and even newbies frequent it regularly.
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