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

[ParRus]

Have any measurements been taking to prevent dumping after bonus release?

I'm afraid it cannot be stop but the best reason to hold this token is the promising concept of this project and its with its active development, token holders would think twice before dumping it.

But, the dump would be very little as there are no bounties I guess. Bounty hunters are the ones who don't care about the price while dumping because, free money.

But they also worked for this and they also should be interested in getting a higher price, but maybe they are more impatient, I dont know.

I think you should not worry about bounty hunters, most of them will sell tokens as soon as possible, and this will be another opportunity to buy cheap tokens.

[sge99]

Have any measurements been taking to prevent dumping after bonus release?

Yes, we are mainly looking for people who share the same longterm vision as we do. We have also removed any bonusses and implented a state of the art vesting system; Second-by-Second (SbS) vesting.

SbS works as follows;
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.

That's quite an interesting approach to vesting the tokens, I've never heard of anything like this before. What do investors say about this?

[jonnytracker]

Have any measurements been taking to prevent dumping after bonus release?

I'm afraid it cannot be stop but the best reason to hold this token is the promising concept of this project and its with its active development, token holders would think twice before dumping it.

But, the dump would be very little as there are no bounties I guess. Bounty hunters are the ones who don't care about the price while dumping because, free money.

But they also worked for this and they also should be interested in getting a higher price, but maybe they are more impatient, I dont know.

I think you should not worry about bounty hunters, most of them will sell tokens as soon as possible, and this will be another opportunity to buy cheap tokens.

Not all bounty hunters dump imo. some forgot about it burried in all the piles of crypto mountains

[king_of_alts]

Have any measurements been taking to prevent dumping after bonus release?

Yes, we are mainly looking for people who share the same longterm vision as we do. We have also removed any bonusses and implented a state of the art vesting system; Second-by-Second (SbS) vesting.

SbS works as follows;
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.

That's quite an interesting approach to vesting the tokens, I've never heard of anything like this before. What do investors say about this?

Really interesting approach. If you need to sell desperately you can do but only a certain amount.

[aveon]

Have any measurements been taking to prevent dumping after bonus release?

Yes, we are mainly looking for people who share the same longterm vision as we do. We have also removed any bonusses and implented a state of the art vesting system; Second-by-Second (SbS) vesting.

SbS works as follows;
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.

That's quite an interesting approach to vesting the tokens, I've never heard of anything like this before. What do investors say about this?

Really interesting approach. If you need to sell desperately you can do but only a certain amount.

The first time I see such interesting token release and distribution system. Though it sounds valid, we need to observe it in practice.

[kraterion]

STO is going to be big in 2019 for sure. Already gaining attention.  DUSK will have advantage of being secure platform with privacy to host STO.

What is the STO that you mean? Is it Security Token Offering? I just read it here  https://blog.icoalert.com/sto-is-the-new-ipo-6b194a9b57cb

new name, same thing. rebranding actually works. people will probably flood in again.

Security tokens open to a new whole range of opportunities, for example tokenizing companies' shares, if it's not a big thing, I don't know what it is

[lvsca]

Have any measurements been taking to prevent dumping after bonus release?

Yes, we are mainly looking for people who share the same longterm vision as we do. We have also removed any bonusses and implented a state of the art vesting system; Second-by-Second (SbS) vesting.

SbS works as follows;
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.

That's quite an interesting approach to vesting the tokens, I've never heard of anything like this before. What do investors say about this?

Really interesting approach. If you need to sell desperately you can do but only a certain amount.

so, its like staking, right? it will be interesting and long term project

[haxllega]

STO is going to be big in 2019 for sure. Already gaining attention.  DUSK will have advantage of being secure platform with privacy to host STO.

What is the STO that you mean? Is it Security Token Offering? I just read it here  https://blog.icoalert.com/sto-is-the-new-ipo-6b194a9b57cb

new name, same thing. rebranding actually works. people will probably flood in again.

Security tokens open to a new whole range of opportunities, for example tokenizing companies' shares, if it's not a big thing, I don't know what it is

It depends what are the plans of the company. For many companies a normal shares are enough but you are right it will change the business.

[o48o]

Just saw the AMA with Emanuele Francioni, i recommend it to everyone who wants to learn more about Dusk.

With all due respect, I must say this crypto fairy is credible speaking about crypto as much as those girls steaming games on twitch 

This should be done in reddit, i'm sure in that way somebody will come up with some clever question.

What? How was she not credible? She seemed to be more aware about what this is about then most of us in here this forum.

[Trrrt]

Some projects want to use blockchain to provide a new way to transmit data. I think that dusk network has some good arguments to success, especially the team seems to be good and really involved in the project, and it’s reallt important for the sucess.

[Rigorous]

Looks like security token offerings are stepping in the limelight lately. Which is kind of weird when we had a period where almost every crypto project desperately tried to avoid their token being labeled a security. What has happened that security tokens are seen more favorably now?

[magisterr]

Have any measurements been taking to prevent dumping after bonus release?

Yes, we are mainly looking for people who share the same longterm vision as we do. We have also removed any bonusses and implented a state of the art vesting system; Second-by-Second (SbS) vesting.

SbS works as follows;
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.

But why you think people will want to do this? As usually investors need their tokens asap. Or there will be some bonuses for investors which prefer lock their tokens?

[Makkara]

I have seen other similar project using that vesting strategy, it doesn't guarantee a stable price, but at least give some breathing space to small investors.

[levyashin]

I have seen other similar project using that vesting strategy, it doesn't guarantee a stable price, but at least give some breathing space to small investors.

Well if team doesn't have a vesting period but they believe the project, they won't sell. Still, it is a guarantee for investors that founders won't dump at day one. Doesn't have a big impact if they are trustworthy.

[Jepli]

Looks like security token offerings are stepping in the limelight lately. Which is kind of weird when we had a period where almost every crypto project desperately tried to avoid their token being labeled a security. What has happened that security tokens are seen more favorably now?

Well it could be an emerging trend as compared to utility tokens which did not fare well on their ICO's.

[godgift.gn]

I hope the team will be able to clarify this aspect - very large bonuses can ruin the project as soon as the first listing will be appears.

[omwibya]

Looks like security token offerings are stepping in the limelight lately. Which is kind of weird when we had a period where almost every crypto project desperately tried to avoid their token being labeled a security. What has happened that security tokens are seen more favorably now?

Well it could be an emerging trend as compared to utility tokens which did not fare well on their ICO's.

people are trying different strategies to ensure the success of their projects. this is just the latest trend. lookout for ICO's to go away and be replaced by IPO's

[MattLeBlanc]

I hope the team will be able to clarify this aspect - very large bonuses can ruin the project as soon as the first listing will be appears.

I too feel it may lead to a wrong type of promotion because once the token is listed, the early investors or those who got large bonuses may try to cash their profit out.

[DuskNetwork]

Looks like security token offerings are stepping in the limelight lately. Which is kind of weird when we had a period where almost every crypto project desperately tried to avoid their token being labeled a security. What has happened that security tokens are seen more favorably now?

With the increased attention ICOs seem to be getting, regulatory requirements are getting more real every day. Considering that most the tokens that are being sold claim to be utility tokens, the chances for exit scams or failed investments increase significantly. Despite the jump in funding between 2017 and 2018, ICOs are becoming harder to participate in. Most of today’s ICOs are struggling to stay within the regulatory requirements and are trying to be safe by limiting the public access to ICOs and making the ICOs available to private accredited investors only. However, that seems to be a temporary solution to the problem as the regulations get tighter. Eventually, chances are that ICOs will inevitably make room for a more regulated landscape. With adoption comes regulations and such regulations may be satisfied with Security Token Offering (STOs).

[DuskNetwork]

Have any measurements been taking to prevent dumping after bonus release?

Yes, we are mainly looking for people who share the same longterm vision as we do. We have also removed any bonusses and implented a state of the art vesting system; Second-by-Second (SbS) vesting.

SbS works as follows;
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.

But why you think people will want to do this? As usually investors need their tokens asap. Or there will be some bonuses for investors which prefer lock their tokens?

We want to make sure everyone that contributes is in for the longterm vision, just as we are. Hence we're only selling in private placement and are looking for people who can add value to the project! So far all of our investors have been super positive about the structure and feel like it suits the longterm vision of the project we all share.