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

[king_of_alts]

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

There is a simple test the SEC uses to find out if a token is a security. It's called Howey test.

Under the Howey Test, a transaction is an investment contract if:

1 It is an investment of money
2 There is an expectation of profits from the investment
3 The investment of money is in a common enterprise
4 Any profit comes from the efforts of a promoter or third party

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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?

This is dilemma that crypto projects and Government regulators had been experiencing because there is no universally accepted regulations and each regulations depends on the country that implements it. It is "a different talk for different folks" so to speak and I hope it can be resolve in the near future. Imho.

As I understand SEC want to control all crypto, and if to see at some projects which they arrested or fined, I think security tokens must be licensed by SEC

[kraterion]

SEC can toucj coins/tokens if a company is US based/ it issued an ICO in the US, I don't see why everyone have to comply with the SEC, Unites States of America doesn't rule the world

[matjas]

SEC can toucj coins/tokens if a company is US based/ it issued an ICO in the US, I don't see why everyone have to comply with the SEC, Unites States of America doesn't rule the world

But they can be good when it comes to persuading the rest of the world unfortunately. I am sure many project would like to hide in Europe and SEC will do anything to force their believes and rules to EU. 

[levyashin]

So are dusk network allows every project to make their own token and security or will there be permissions?

There is two opinions for it. First of all, it should allow anyone to create its own project.
And second says look ethereum example, it is crowded with spam/scam/unnecessary tokens which is bringing down the value of the chain itself.

So how will dusk network act?

[niklasmato]

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

Yes they can, it's called the howey test.
Based upon this test anything is set as a security.

[omwibya]

So are dusk network allows every project to make their own token and security or will there be permissions?

There is two opinions for it. First of all, it should allow anyone to create its own project.
And second says look ethereum example, it is crowded with spam/scam/unnecessary tokens which is bringing down the value of the chain itself.

So how will dusk network act?

I hope they'll be smart enough to recognize that it's better to leave people free to do what they want.

[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...

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

No one can say for sure what will happen in the next days, at any moment major players can come in and Bitcoin will start to grow, perhaps now is the time of cheap BTC and ETH.

[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

No one can say for sure what will happen in the next days, at any moment major players can come in and Bitcoin will start to grow, perhaps now is the time of cheap BTC and ETH.

Apparently, the movement pre black friday was the same as last year, I'm not sure for what reason, but it influenced the market a lot. I base myself on the retrospect, which may not be infallible, but it has brought me good results today.

[batako]

So are dusk network allows every project to make their own token and security or will there be permissions?

There is two opinions for it. First of all, it should allow anyone to create its own project.
And second says look ethereum example, it is crowded with spam/scam/unnecessary tokens which is bringing down the value of the chain itself.

So how will dusk network act?

I hope they'll be smart enough to recognize that it's better to leave people free to do what they want.

Yes at least for the beginning. After some times, they for sure can improve the system to meet the best performance for dusk network.

[aveon]

So are dusk network allows every project to make their own token and security or will there be permissions?

There is two opinions for it. First of all, it should allow anyone to create its own project.
And second says look ethereum example, it is crowded with spam/scam/unnecessary tokens which is bringing down the value of the chain itself.

So how will dusk network act?

I hope they'll be smart enough to recognize that it's better to leave people free to do what they want.

Yes at least for the beginning. After some times, they for sure can improve the system to meet the best performance for dusk network.

However, keep them closer to the crypto world unless you want the audience just to go away and to forget about this. Nowadays, it's very possible that many people will just refrain from involving into any activities connected with crypto.

[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.

This is maybe nitpicking, but i am not sure if you can call that a "token" as token is described as working under some other cryptocurrency's infrastructure. More like a "coin" as dusk is a cryptocurrency.

[PS92]

Very interesting, in depth interview with Dusk:

https://www.youtube.com/watch?v=0FRPFuqkIuM

[Token Williams]

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."

The main difference is that on Ethereum all tx are public, which is bad for STOs (also bad for tokens btw)

[MandatoryOption]

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."

The main difference is that on Ethereum all tx are public, which is bad for STOs (also bad for tokens btw)

Why do you think it's a bad thing that token transaction on the Ethereum blockchain are public? I really like that transparancy where you could follow the money in detail.

[Minnaja]

Very interesting, in depth interview with Dusk:

https://www.youtube.com/watch?v=0FRPFuqkIuM

Thank you, this is a very interesting and informative video. I would like to know whether it is possible to buy this coin on the bittrex or binance exchange?

[Frank37]

Very interesting, in depth interview with Dusk:

https://www.youtube.com/watch?v=0FRPFuqkIuM

Thank you for the link. A long video with interesting explanations.

[LastHiT]

As for me, I'm most concerned on the delivery of the project than any other regulations imposed by any Government. Those regulations will be useless for concern if they product or platform hasn't been delivered yet.

[Rigorous]

The more I read about security tokens, the more I wonder what kind of problem are we trying to solve. In a sense we are discussing DUSK and crypto at a microscopic level, and I think we need to zoom out a bit. The digital asset platform part of DUSK can only be successful if security tokens are. What benefits do security tokens offer compared to securitized assets that are already on the market? Can they exist in a world with so many different laws and rules?

[PS92]

As for me, I'm most concerned on the delivery of the project than any other regulations imposed by any Government. Those regulations will be useless for concern if they product or platform hasn't been delivered yet.

But how much sense does it make to invest in a product that can'tbe used because its not compliant?