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

[Trrrt]

Yes dusk network will bring something that not exist yet in crypto. I think if the team handle the developpement well the project can become huge. Let’s see how much they will raise in order to manage all the developpement part.

[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?

The real purpose of crypto is to avoid the government's unnecessary involvement but, bitcoin is not able to get out of their shadows. That's why my bet is on something anonymous.

Why would governments support something that is anonymous? That means they have to relinquish control. Remember the FUD about storing illegal material into blockchain transactions. Or is there some way to have anonymity while still allowing the government to regulate?

[levyashin]

Yes dusk network will bring something that not exist yet in crypto. I think if the team handle the developpement well the project can become huge. Let’s see how much they will raise in order to manage all the developpement part.

They really have a project that changes the whole crypto ecosystem. Utility tokens to security tokens. Way better and more logical. And a more stable market with supported real company shares.

[jonnytracker]

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?

The real purpose of crypto is to avoid the government's unnecessary involvement but, bitcoin is not able to get out of their shadows. That's why my bet is on something anonymous.

Why would governments support something that is anonymous? That means they have to relinquish control. Remember the FUD about storing illegal material into blockchain transactions. Or is there some way to have anonymity while still allowing the government to regulate?

Where there is government regulation there is no anonymity.  How can both exist together

[Frank37]

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?

The real purpose of crypto is to avoid the government's unnecessary involvement but, bitcoin is not able to get out of their shadows. That's why my bet is on something anonymous.

Why would governments support something that is anonymous? That means they have to relinquish control. Remember the FUD about storing illegal material into blockchain transactions. Or is there some way to have anonymity while still allowing the government to regulate?

Anonymity while still allowing the government to regulate would only be possible if they control the technical parts and imo this is not possible if the nodes are well distributed.

[DuskNetwork]

From what I read I understand that this exchange will contribute to the private sale and they will list them for free. I don't understand the "partner" part

Unfortunately all I can say about the partnership part is that more information about this will be disclosed later

[Makkara]

When do you plan to start committing code to github? There must be a lot of people which are curious to see it 

[Jepli]

When will the DUSK Network development be commencing? Can you give us an estimated schedule?

[the_donald]

From what I read I understand that this exchange will contribute to the private sale and they will list them for free. I don't understand the "partner" part

Unfortunately all I can say about the partnership part is that more information about this will be disclosed later

ahhh don't tease but yeah that's great guys, I love to see that you're planning ahead.

[o48o]

How much DUSK have raised so far? Is there any plan for exchange?

The exact amount raised is not known to me due to private agreements. There is definitely a plan for exchanges. I'll quote from our updated token sale article; "Conclude agreements with one of the world’s leading exchanges, who we will now be able to accommodate as a private sale contributor and partner as well as secure a free listing."

I have a pretty good hunch about that exchange, but would our speculating on what exchange it is, by narrowing down the the listing policies of the possible exchanges harm your contract with them?

[DuskNetwork]

When do you plan to start committing code to github? There must be a lot of people which are curious to see it 

The code is developed in a private Github repository and will be made public in sections after each section passes a security audit. 😊

[DuskNetwork]

How much DUSK have raised so far? Is there any plan for exchange?

The exact amount raised is not known to me due to private agreements. There is definitely a plan for exchanges. I'll quote from our updated token sale article; "Conclude agreements with one of the world’s leading exchanges, who we will now be able to accommodate as a private sale contributor and partner as well as secure a free listing."

I have a pretty good hunch about that exchange, but would our speculating on what exchange it is, by narrowing down the the listing policies of the possible exchanges harm your contract with them?

We will disclose the information about the exchange somewhere next week, so sit tight

[bitcoinbulk]

Buy every participiants will have same lock-up period for tokens or differents?  Do you have some bonuses for long term investors (like in Pundi for example) ?

There are no bonusses at all and EVERYONE is subject to the Second-by-Second vesting mechanism. The team also has their tokens locked for 12 months before the vesting starts.

Finally a team that thinks logically for ALL of their customers instead of just trying to reward the ones with the big pockets. Good job with this, I think it's going to work out really well!

[MattLeBlanc]

When do you plan to start committing code to github? There must be a lot of people which are curious to see it 

The code is developed in a private Github repository and will be made public in sections after each section passes a security audit. 😊

Its definitely suggested to public it after satisfactory security runs. Lots of blackhat and whitehat hackers are working on these things and they will be waiting for bugs which can be manipulated.

[iad_xo]

is DUSK is planning to do code audit with 3rd party?  Can you provide updates on current status of ICO in progress to community?

[loup]

Buy every participiants will have same lock-up period for tokens or differents?  Do you have some bonuses for long term investors (like in Pundi for example) ?

There are no bonusses at all and EVERYONE is subject to the Second-by-Second vesting mechanism. The team also has their tokens locked for 12 months before the vesting starts.

Finally a team that thinks logically for ALL of their customers instead of just trying to reward the ones with the big pockets. Good job with this, I think it's going to work out really well!

This must be one of the few projects if not the only one that doesn't have any bonus. That means they think their project is good enough to attract investors without that marketing strategy.

[pynetx]

what is the initial token price and what is the minimum investment for Private sale?

We are selling 250M tokens which is 50% of the total supply. Our hardcap is 14.4M, so the token price is around 5,8cent ($0,0576 precise). The minimum contribution in the private sale is 100 eth.

wow 100 ETH that means I can't get my hands on it but I would like to contribute is there any other way?

[aveon]

what is the initial token price and what is the minimum investment for Private sale?

We are selling 250M tokens which is 50% of the total supply. Our hardcap is 14.4M, so the token price is around 5,8cent ($0,0576 precise). The minimum contribution in the private sale is 100 eth.

wow 100 ETH that means I can't get my hands on it but I would like to contribute is there any other way?

Huge amount of money for a hamster, right? I guess the participants of private sale would be no them. I want to invest some capital into this project, but not 100ETH...

[bitcoin-shark]

what is the initial token price and what is the minimum investment for Private sale?

We are selling 250M tokens which is 50% of the total supply. Our hardcap is 14.4M, so the token price is around 5,8cent ($0,0576 precise). The minimum contribution in the private sale is 100 eth.

wow 100 ETH that means I can't get my hands on it but I would like to contribute is there any other way?

100 eth are too much also for me, so for now the project is aimed only at large investors, i hope however to be able to buy some token at a later time when they will be listed on some exchange...

[king_of_alts]

100 eth are too much also for me, so for now the project is aimed only at large investors, i hope however to be able to buy some token at a later time when they will be listed on some exchange...

100 ETH at current exchange rate is around $20,000
i think, they will ask KYC for this investment, and yes, its huge amount for private sale minimum

They are clearly targeting whales and big institutional investors, for them 100 ETH should be no problem. It's a pity however that smaller investors can't invest.
[/quote]

The smaller investors will have their time after the private sale I am sure. There will probably a pre-sale with a comparable price.