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

[viljy]

what is current state of ICO? Setback in market may cause some issues raising funds.

The problem is that if a private investor invested 1000 ETH one month ago, dollar value is not the same thing as today's value, unfortunally for them

Yes, especially today, when bitcoin has fallen to almost $ 4000. So the team will have to work with the money that will remain after these falls. And if bitcoin falls below the previous peak price of about $ 1900, this is the end of the cryptocurrency.

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[magisterr]

STO competition is heating up. Seen some good project leading currently. I am hoping DUSK will release platfrom on time otherwise allow someone else to gain market share. 

I think this must pass through regulation (I mean security tokens). As i understand correctly, each founders of security token must have license for STO?

[levyashin]

STO competition is heating up. Seen some good project leading currently. I am hoping DUSK will release platfrom on time otherwise allow someone else to gain market share. 

DUSK is a platform for STOs like Ethereum is for ICOs, so if anything those projects should wait for DUSK.

Unless you think going ahead with Ethereum for STOs is a good idea.

There are sto's on ethereum too. Ethereum doesn't limit anything they are ico or sto or just shitcoin. But being on ethereum chain doesn't give any confidence to users, you can make your own token in seconds very cheap. I think dusk network also trying to build this trust. Like this:

"Oh, it is on dusk network. That can't be bad or scam."

[Makkara]

STO competition is heating up. Seen some good project leading currently. I am hoping DUSK will release platfrom on time otherwise allow someone else to gain market share. 

I think this must pass through regulation (I mean security tokens). As i understand correctly, each founders of security token must have license for STO?

I remember it was said few weeks back they had somebody helping them on the regulation part, i dont remember if was the exchange itself or somebody else, anyway it sounded like that matter was covered pretty ok

[pynetx]

There are sto's on ethereum too. Ethereum doesn't limit anything they are ico or sto or just shitcoin. But being on ethereum chain doesn't give any confidence to users, you can make your own token in seconds very cheap. I think dusk network also trying to build this trust. Like this:

"Oh, it is on dusk network. That can't be bad or scam."

I am not sure how DUSK can limit someone from creating a token on its platform. How would anyone know beforehand that some token will be shit?

[the_donald]

There are sto's on ethereum too. Ethereum doesn't limit anything they are ico or sto or just shitcoin. But being on ethereum chain doesn't give any confidence to users, you can make your own token in seconds very cheap. I think dusk network also trying to build this trust. Like this:

"Oh, it is on dusk network. That can't be bad or scam."

I am not sure how DUSK can limit someone from creating a token on its platform. How would anyone know beforehand that some token will be shit?

limiting anyone to create tokens would be a bad idea. it would turn off a lot of people.

[jonnytracker]

There are sto's on ethereum too. Ethereum doesn't limit anything they are ico or sto or just shitcoin. But being on ethereum chain doesn't give any confidence to users, you can make your own token in seconds very cheap. I think dusk network also trying to build this trust. Like this:

"Oh, it is on dusk network. That can't be bad or scam."

I am not sure how DUSK can limit someone from creating a token on its platform. How would anyone know beforehand that some token will be shit?

limiting anyone to create tokens would be a bad idea. it would turn off a lot of people.

It could be the other way round too. It's like a spam filter.

[king_of_alts]

It could be the other way round too. It's like a spam filter.

But what if some people like the token while others don't. Then Dusk would piss off some people if they do not allow it.

[batako]

It could be the other way round too. It's like a spam filter.

But what if some people like the token while others don't. Then Dusk would piss off some people if they do not allow it.

Doesn't limit anything will be good at the beginning and make some improvement after the system run for some times should be fine too.

[hicaribou]

It could be the other way round too. It's like a spam filter.

But what if some people like the token while others don't. Then Dusk would piss off some people if they do not allow it.

Doesn't limit anything will be good at the beginning and make some improvement after the system run for some times should be fine too.

Yes, everything must be tested first, but I don't know what Team Dusk thinks about this because they still haven't answered this.
But in my opinion, its really a positive result if people can feel safe and confident by just seeing that the project theyre investing in is a dusk based project.

[bitcoin-shark]

so actually those who invested when the btc was $ 6k would have invested half if investing at this time receiving the same number of tokens,they should do (all the ico active) let's say a fixed exchange value for investments for example 1 btc = 4k $ to be maintained at least until the end of the year, this would give investors more security,dusk should look for some other partnership...

[o48o]

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.

This is not an Initial Coin Offering anyway. This is a Private-sale. Different rules will apply, however i don't have any clue what they are.

[Frank37]

There are sto's on ethereum too. Ethereum doesn't limit anything they are ico or sto or just shitcoin. But being on ethereum chain doesn't give any confidence to users, you can make your own token in seconds very cheap. I think dusk network also trying to build this trust. Like this:

"Oh, it is on dusk network. That can't be bad or scam."

I am not sure how DUSK can limit someone from creating a token on its platform. How would anyone know beforehand that some token will be shit?

limiting anyone to create tokens would be a bad idea. it would turn off a lot of people.

You are right, on the other hand allowing every shitcoin would also turn off a lot of people.
They have to find other ways, f.e. they have to pay an amount of BTC for listing and after their coin has enough traffic,
the exchange could give back the BTC and get some coins for a cheap price. A purchase obligation of the coins against the exchanged BTC, so to speak.

[kraterion]

There are sto's on ethereum too. Ethereum doesn't limit anything they are ico or sto or just shitcoin. But being on ethereum chain doesn't give any confidence to users, you can make your own token in seconds very cheap. I think dusk network also trying to build this trust. Like this:

"Oh, it is on dusk network. That can't be bad or scam."

I am not sure how DUSK can limit someone from creating a token on its platform. How would anyone know beforehand that some token will be shit?

limiting anyone to create tokens would be a bad idea. it would turn off a lot of people.

In a decentralized system, governed by code and smart contracts, immutable and censorship resistant, how can you limit tokens and choose which is good and which is bad? That's also why blockchains are beautiful

[Amelie Poulain]

so actually those who invested when the btc was $ 6k would have invested half if investing at this time receiving the same number of tokens,they should do (all the ico active) let's say a fixed exchange value for investments for example 1 btc = 4k $ to be maintained at least until the end of the year, this would give investors more security,dusk should look for some other partnership...

I do not think that BTC will be able to be at such a low value for a long time, the most important factor is that for miners it does not bring profit.

[matjas]

so actually those who invested when the btc was $ 6k would have invested half if investing at this time receiving the same number of tokens,they should do (all the ico active) let's say a fixed exchange value for investments for example 1 btc = 4k $ to be maintained at least until the end of the year, this would give investors more security,dusk should look for some other partnership...

I do not think that BTC will be able to be at such a low value for a long time, the most important factor is that for miners it does not bring profit.

Ita always a gamble to invest in crypto and in ICOs an we all know that. You can be unlucky and end up with less tokens after ICO for the same money or it cal be the other way around. I believe BTC will go up and both will have profits in the end. 

[belechau]

so actually those who invested when the btc was $ 6k would have invested half if investing at this time receiving the same number of tokens,they should do (all the ico active) let's say a fixed exchange value for investments for example 1 btc = 4k $ to be maintained at least until the end of the year, this would give investors more security,dusk should look for some other partnership...

Fixing the btc invested in 4K would be detrimental in a future leveraged, Nobody would invest Btc to 6k to receive the same amount of who invested the 6. The term security for investors applies to the opposite situation, but in case of price increase becomes a problem

[niklasmato]

There are sto's on ethereum too. Ethereum doesn't limit anything they are ico or sto or just shitcoin. But being on ethereum chain doesn't give any confidence to users, you can make your own token in seconds very cheap. I think dusk network also trying to build this trust. Like this:

"Oh, it is on dusk network. That can't be bad or scam."

I am not sure how DUSK can limit someone from creating a token on its platform. How would anyone know beforehand that some token will be shit?

limiting anyone to create tokens would be a bad idea. it would turn off a lot of people.

It could be the other way round too. It's like a spam filter.

I agree. We don't want to see the network being spammed with shitty tokens again.
Just look what happened to ethereum

[Rigorous]

If security tokens are going to be regulated instead of letting it be totally anarchistic, then you can prevent a lot of shit tokens.

But you know what, if that regulation is executed by a government institute you get the same problems we already have with the stock market.

On the one hand you create financial, administrative and cultural hurdles to even register a token, which means there will be a bias for a certain type of businesses. In short it would be less egalitarian.

On the other hand it would give a sense of false security, because even though the institute pretends it is super accurate and effective, it will still be run by a few fallible human beings. They are very good at catching the obvious scams while give the huge ones a pass. You know, Libor rate fixing, Madoff, Lehman Brothers, Enron...

[Makkara]

If security tokens are going to be regulated instead of letting it be totally anarchistic, then you can prevent a lot of shit tokens.

The issue is that regulations cannot really define what is a security and what is not. It appears almost everything is marked as a security