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

[Rigorous]

The situation is extremely tense, I think in the coming days if the market does not recover, then for the whole crypto community there will be bad news, there is a possibility of a collapse, because the miners will not work at a loss. Africa is the cheapest region for mining Bitcoin, the cost of mining there is an average of 4.6 thousand dollars

Tense?

ICO holders have been in denial. The way utility tokens were defined, there was no reason for ICO teams to build a product. Unless you count the token sale campaign as a product. Investors are just becoming aware their money was not spend on building a company but wasted on cars, booze and parties.

But they were wrong. With the SEC now bringing down the law upon those teams selling unregistered securities, they have to refund investors and pay penalties.

There must be a better system. Maybe security tokens will return some life to crypto.

I do not understand what miners have to do with this. They mine at a loss, so what? They scale down until it becomes profitable again. Although I think proof-of-work is a dead end.

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[o48o]

Today's market give a bad influence to ico projects. If they still hold the cryptos they collected during the token sales. I wish they have a good solution instead of dumping it.

The situation is extremely tense, I think in the coming days if the market does not recover, then for the whole crypto community there will be bad news, there is a possibility of a collapse, because the miners will not work at a loss. Africa is the cheapest region for mining Bitcoin, the cost of mining there is an average of 4.6 thousand dollars

If you take a look at the chart, it's pretty clear that we are not out of the woods in just days. Or if we were, that would be just weird to me. And saying that miners won't work at a loss is debatable; biggest mining companies have predicted this and have funding to mine at loss if needed for quite a long time. Most of them are not mining just to sell at all immediately with lost anyway.

[bitcoin-shark]

I have to say that these token specs with a fairly low hardcap are exciting from an investor's point of view. There's lot's of room to grow.

They have to be realistic in this crypto economy that we have now. Its hard even to reach softcap yet alone hardcap. Typically, i rather join ICOs with lower hardcap which ussually means your tokens will be worth more but on the other had, there will be less money for development and promotion. 

is the value of the market that makes the hard cap of the ico  to be lowered, according to realistic expectations in these times of the red market, already the achievement of the soft cap can be considered a success in these conditions...

[disconnectme]

Today's market give a bad influence to ico projects. If they still hold the cryptos they collected during the token sales. I wish they have a good solution instead of dumping it.

The situation is extremely tense, I think in the coming days if the market does not recover, then for the whole crypto community there will be bad news, there is a possibility of a collapse, because the miners will not work at a loss. Africa is the cheapest region for mining Bitcoin, the cost of mining there is an average of 4.6 thousand dollars

If you take a look at the chart, it's pretty clear that we are not out of the woods in just days. Or if we were, that would be just weird to me. And saying that miners won't work at a loss is debatable; biggest mining companies have predicted this and have funding to mine at loss if needed for quite a long time. Most of them are not mining just to sell at all immediately with lost anyway.

What is going on in the market is a great shake out, some people are very powerful in the space that is why they are making the whole space unstable and the recent BCash fork has helped to accelerate the crash. Just look at BCASHABC and SV mos tof the miners there are just burning money which is really crazy

[belechau]

I have to say that these token specs with a fairly low hardcap are exciting from an investor's point of view. There's lot's of room to grow.

They have to be realistic in this crypto economy that we have now. Its hard even to reach softcap yet alone hardcap. Typically, i rather join ICOs with lower hardcap which ussually means your tokens will be worth more but on the other had, there will be less money for development and promotion. 

True, projects with soft cap lower are now more likely to achieve some success, especially if they rely only on this for the secondary achievement of the project. What is the use of stipulating exorbitant values to achieve, and having to abandon the project?

[aveon]

I have to say that these token specs with a fairly low hardcap are exciting from an investor's point of view. There's lot's of room to grow.

They have to be realistic in this crypto economy that we have now. Its hard even to reach softcap yet alone hardcap. Typically, i rather join ICOs with lower hardcap which ussually means your tokens will be worth more but on the other had, there will be less money for development and promotion.  

True, projects with soft cap lower are now more likely to achieve some success, especially if they rely only on this for the secondary achievement of the project. What is the use of stipulating exorbitant values to achieve, and having to abandon the project?

Sure they should adapt now to the hard times of the crypto market. If you want to succeed or even survive, you will do everything to please the public and to attract its attention.

[magisterr]

You have partnership with Switcheo exchange? So this will be NEP5 tokens before maiinet? Not erc20? Or what goal in this collaboration?

[PS92]

I think exchange also participate in some ico

That shows they believe in the project, good sign!

[Token Williams]

Would be great if the would hold on releasingf the token until the bear market is over. Otherwise they most likely fall beneath ico price in a couple of weeks/months. It does look like we're finally getting into the capitulation phase though

Bitcoin has almost bottomed out at $5k, so it will rally soon.
It  might takes hours, days or weeks, no one knows, but it will rally.

These are risky comments, lol  But let's hope we'll find the bottom soon

[turkandjaydee]

If I'm not mistakin, DUSK is only conducting a private sale but yes, with the current market slump, I think it will have an effect as every investors are now becoming more cautious  and in a "wait and see" attitude towards investing in crypto.

Last year some ICOs had $200 M contributions (hell, EOS got 4 BILLION dollars...), so I think that Dusk's goal isn't impossible to reach, we're talking about "only" $14M if I recall correctly

They were conducting an ICO for public investors. That was when crypto is a hype and everyone want to invest in crypto.
Dusk is looking for only serious investors. Its very difficult to get them but they will have a very good value to the project.

[jonnytracker]

If I'm not mistakin, DUSK is only conducting a private sale but yes, with the current market slump, I think it will have an effect as every investors are now becoming more cautious  and in a "wait and see" attitude towards investing in crypto.

Last year some ICOs had $200 M contributions (hell, EOS got 4 BILLION dollars...), so I think that Dusk's goal isn't impossible to reach, we're talking about "only" $14M if I recall correctly

They were conducting an ICO for public investors. That was when crypto is a hype and everyone want to invest in crypto.
Dusk is looking for only serious investors. Its very difficult to get them but they will have a very good value to the project.

Hope so. I hope they do well even in this difficult times for bitcoins

[levyashin]

If I'm not mistakin, DUSK is only conducting a private sale but yes, with the current market slump, I think it will have an effect as every investors are now becoming more cautious  and in a "wait and see" attitude towards investing in crypto.

Last year some ICOs had $200 M contributions (hell, EOS got 4 BILLION dollars...), so I think that Dusk's goal isn't impossible to reach, we're talking about "only" $14M if I recall correctly

I think last year was the reason we are having this downfall. I mean why the hell a project raise 4 billion dollars. The only reason i can think of, they liked the idea of Escobar and will burn money on the fireplace for getting heat. Lots of projects raised an unnecessary amount of money and now it is causing the market dump.

Anyways, still i don't think 14m $ is not reachable for dusk network even in this conditions. And i believe they will reach it, just meant to say, last year was a fluke.

[Makkara]

Last year there was pure speculation, i reckon we will not see anything like that till there will be some sign of crypto really going mainstream and being actually used for something else than just trading.

[DuskNetwork]

You have partnership with Switcheo exchange? So this will be NEP5 tokens before maiinet? Not erc20? Or what goal in this collaboration?

Dusk Network is the only security token proposition in the market that takes care of everything on-chain, meaning it is the only proposition that is automated and scalable, thus allowing for a DEX.

Ivan's experience with the Switcheo NEP-5 DEX will be crucial in developing a great DEX for DUSK's privacy driven security token standard XST. He knows firsthand what the limitations of the NEO VM were for Switcheo, and having Ivan on board early ensures the Dusk VM will be perfectly aligned with a DEX future. We will not only strategically work together to build Dusk's Core in the best possible way, but also explore the possibilities of Switcheo to develop a DEX on top of Dusk.

[JackElwersson]

Dusk Network is the only security token proposition in the market that takes care of everything on-chain, meaning it is the only proposition that is automated and scalable, thus allowing for a DEX.

Hi team, is your project is an STO (Secure Token Offering)? If yes, you can get listed on STOAnalytics STO list

[magisterr]

You have partnership with Switcheo exchange? So this will be NEP5 tokens before maiinet? Not erc20? Or what goal in this collaboration?

Dusk Network is the only security token proposition in the market that takes care of everything on-chain, meaning it is the only proposition that is automated and scalable, thus allowing for a DEX.

Ivan's experience with the Switcheo NEP-5 DEX will be crucial in developing a great DEX for DUSK's privacy driven security token standard XST. He knows firsthand what the limitations of the NEO VM were for Switcheo, and having Ivan on board early ensures the Dusk VM will be perfectly aligned with a DEX future. We will not only strategically work together to build Dusk's Core in the best possible way, but also explore the possibilities of Switcheo to develop a DEX on top of Dusk.

As i understand you going to make own decentralized exchange for you future tokens on DUCK blockchain? This looks like a good idea, as people will be able to trade tokens right after ICO. Ethereum, NEO have such exchanges. And EOS and Tomochain going to make DEX for their tokens.

[DuskNetwork]

Dusk Network is the only security token proposition in the market that takes care of everything on-chain, meaning it is the only proposition that is automated and scalable, thus allowing for a DEX.

Hi team, is your project is an STO (Secure Token Offering)? If yes, you can get listed on STOAnalytics STO list

Dusk Network is a protocol which can be used to launch security token offerings 

[pynetx]

DUSK is a security token and it can be used to launch other tokens as ethereum does? Please correct me if I am wrong.

[DuskNetwork]

DUSK is a security token and it can be used to launch other tokens as ethereum does? Please correct me if I am wrong.

Dusk Network's native token DUSK is a utility token.

[niklasmato]

DUSK is a security token and it can be used to launch other tokens as ethereum does? Please correct me if I am wrong.

Dusk Network's native token DUSK is a utility token.

Ok that's good new, the SEC can't touch this ICO then.
Only security tokens can be influenced by the SEC afaik.