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

[ParRus]

If  I look in all my projects so I had be better waited till the coin is in the market instead of investing in ICO.
Most projects were or are now under ICO price .

One of the problems on the market is there are lots of same projects and even the subject is unnecessary. For example, bank for bankless people. I saw this at least 10 different project and bankless people don't have bank because they are broke and you can't get any profit from them. But because they are very crowded, companies love doing a project on them and investors thinking like yeah 2 billion people is very huge, this seems logical, it doesn't. This one just an example, lots of unnecessary similar projects and they are all failing as they should.

Dusk network seems to make a unique and necessary project also not giving out bounties or making an ico with bonuses with different ranges. They are only selling on private sale with a fixed price.  I really don't think this will not get dumped at all and will pump even in this market conditions. Because it is unique and a necessary project instead of the other %99 of the projects on the market.

dusk at the moment seems to be one of a kind but perhaps the strategy to wait for the end of the ico and buy tokens on the exchange at a dump price seen the current trend of almost all ico could prove more profitable...

I don't know if their tokens will be dumped that much with no bounties and only private sale but with the minimum investment of 100eth I think a lot of us won't have no other option than buying on exchanges anyway.

I hope this will be a high volume exchange, and there will be orders available for buying. When present bounty program, don’t need to worry about it - weak hands sell everything at the first listing, but the situation is completely different in this project.

[loup]

If  I look in all my projects so I had be better waited till the coin is in the market instead of investing in ICO.
Most projects were or are now under ICO price .

One of the problems on the market is there are lots of same projects and even the subject is unnecessary. For example, bank for bankless people. I saw this at least 10 different project and bankless people don't have bank because they are broke and you can't get any profit from them. But because they are very crowded, companies love doing a project on them and investors thinking like yeah 2 billion people is very huge, this seems logical, it doesn't. This one just an example, lots of unnecessary similar projects and they are all failing as they should.

Dusk network seems to make a unique and necessary project also not giving out bounties or making an ico with bonuses with different ranges. They are only selling on private sale with a fixed price.  I really don't think this will not get dumped at all and will pump even in this market conditions. Because it is unique and a necessary project instead of the other %99 of the projects on the market.

dusk at the moment seems to be one of a kind but perhaps the strategy to wait for the end of the ico and buy tokens on the exchange at a dump price seen the current trend of almost all ico could prove more profitable...

I don't know if their tokens will be dumped that much with no bounties and only private sale but with the minimum investment of 100eth I think a lot of us won't have no other option than buying on exchanges anyway.

I hope this will be a high volume exchange, and there will be orders available for buying. When present bounty program, don’t need to worry about it - weak hands sell everything at the first listing, but the situation is completely different in this project.

With the measures they have taken I don't think we will see a big dump but with the current market is difficult to predict.

[Altcoinrusher]

When DUSK is planning to release new version of whitepaper?  Hoping to see more in-depth details about project.

Not sure if we are planning on releasing a new whitepaper any time soon. The current whitepaper is already very technical and there's not much we can dive deeper into more than just building the network and upload the code to GitHub

I agree. The whitepaper is too technical and is a bit difficult to comprehend for the less tech savvy people including me. If only they could produce a less technical whitepaper for everybody then it could be great.

[Rigorous]

I hope this will be a high volume exchange, and there will be orders available for buying. When present bounty program, don’t need to worry about it - weak hands sell everything at the first listing, but the situation is completely different in this project.

Agreed about the last part, not so sure about the first. Why I agree that DUSK is a special case: because it is a research project and not a hype-driven get-rich-quick nonsense ICO, so the people who invest in DUSK are a different type with a different goal. That also means you might not profit from DUSK getting on a large exchange and being dumped for cheap by impulsive traders.

[belechau]

When DUSK is planning to release new version of whitepaper?  Hoping to see more in-depth details about project.

Not sure if we are planning on releasing a new whitepaper any time soon. The current whitepaper is already very technical and there's not much we can dive deeper into more than just building the network and upload the code to GitHub

I agree. The whitepaper is too technical and is a bit difficult to comprehend for the less tech savvy people including me. If only they could produce a less technical whitepaper for everybody then it could be great.

For this user profile the videos on youtube are a great help, I have been watching and I was happy with the presentations. As for the Whitepaper, I hope that a shorter and more understandable version will be released.

[Makkara]

Agreed about the last part, not so sure about the first. Why I agree that DUSK is a special case: because it is a research project and not a hype-driven get-rich-quick nonsense ICO, so the people who invest in DUSK are a different type with a different goal. That also means you might not profit from DUSK getting on a large exchange and being dumped for cheap by impulsive traders.

About the non-profit aspect you gentleman mention here. You may be right and since is a research, i wonder if dusk even got some public funding?
Is not so unlikely to think the EU could have some funds for these kind of researches as well, as it is assigning funds for all sort of things.

[blockchain-man]

When coins will be trading at exchanges? You will distribute ERC tokens at first or investors must wait native coins and your own blockchain?

The exact listing date has not been announced. All of the tokens will be subject to Second-By-Second vesting. We will release the ERC20 equivalent token to the market first.

So first token than, swap with dusk network token later ?  So blockchain still in development ?

I agree! The unpublished date of the token is the interest of all people. But in order to be competitive and developed, Blockchain technology must continually develop and perfect. I believe the DUSK network will be such a project. We will be very grateful to see more DUSK news that the team will keep updating!

[o48o]

I agree. The whitepaper is too technical and is a bit difficult to comprehend for the less tech savvy people including me. If only they could produce a less technical whitepaper for everybody then it could be great.

Well, you can always read about the concept from their blog and watch their videos, they have been useful to me as i am not fluent with maths and coding.

[wissy]

I agree. The whitepaper is too technical and is a bit difficult to comprehend for the less tech savvy people including me. If only they could produce a less technical whitepaper for everybody then it could be great.

Well, you can always read about the concept from their blog and watch their videos, they have been useful to me as i am not fluent with maths and coding.

I don't think they are plannig to update the whitepaper as they think that the technical part should give an extensive idea about the project.

[kraterion]

The fact is that they don't need to simplify it for everybody since not everybody can join in since minimum investement is 100 ether. It's fine like that, I suggest to read Cardano's documents then

[loup]

I agree. The whitepaper is too technical and is a bit difficult to comprehend for the less tech savvy people including me. If only they could produce a less technical whitepaper for everybody then it could be great.

Well, you can always read about the concept from their blog and watch their videos, they have been useful to me as i am not fluent with maths and coding.

I don't think they are plannig to update the whitepaper as they think that the technical part should give an extensive idea about the project.

Maybe having some less technical explanations would help to find new investors because someone that is going to risk its money on a project shouldn't invest in somthing doesn't understand.

[jonnytracker]

I agree. The whitepaper is too technical and is a bit difficult to comprehend for the less tech savvy people including me. If only they could produce a less technical whitepaper for everybody then it could be great.

Well, you can always read about the concept from their blog and watch their videos, they have been useful to me as i am not fluent with maths and coding.

I don't think they are plannig to update the whitepaper as they think that the technical part should give an extensive idea about the project.

Maybe having some less technical explanations would help to find new investors because someone that is going to risk its money on a project shouldn't invest in somthing doesn't understand.

When you talk about less technical demo. It always reminds me of infographic video clips with cartoons. Not the verbal review of some random youtubers

[levyashin]

If  I look in all my projects so I had be better waited till the coin is in the market instead of investing in ICO.
Most projects were or are now under ICO price .

One of the problems on the market is there are lots of same projects and even the subject is unnecessary. For example, bank for bankless people. I saw this at least 10 different project and bankless people don't have bank because they are broke and you can't get any profit from them. But because they are very crowded, companies love doing a project on them and investors thinking like yeah 2 billion people is very huge, this seems logical, it doesn't. This one just an example, lots of unnecessary similar projects and they are all failing as they should.

Dusk network seems to make a unique and necessary project also not giving out bounties or making an ico with bonuses with different ranges. They are only selling on private sale with a fixed price.  I really don't think this will not get dumped at all and will pump even in this market conditions. Because it is unique and a necessary project instead of the other %99 of the projects on the market.

That's actually what I think too, Dusk is going to fit very well in the crypto space because there's demand for it. You made me laugh on bank for bankless people because you're right

Yes exactly.

Bank for bankless people even not that bad. I saw a project is offering a service kind of netflix to bankless people. They are dying from poverty but the only thing they need is netflix!

[iad_xo]

STO is top talking point in crypto currently. There are some project already in space without ICO funds.  Like to see some progress made on DUSK platform soon so gain advantage of first in market

[the_donald]

The fact is that they don't need to simplify it for everybody since not everybody can join in since minimum investement is 100 ether. It's fine like that, I suggest to read Cardano's documents then

I dunno about that. investment isn't the only thing people can do. they can also promote, but if they don't understand...

[Rigorous]

Agreed about the last part, not so sure about the first. Why I agree that DUSK is a special case: because it is a research project and not a hype-driven get-rich-quick nonsense ICO, so the people who invest in DUSK are a different type with a different goal. That also means you might not profit from DUSK getting on a large exchange and being dumped for cheap by impulsive traders.

About the non-profit aspect you gentleman mention here. You may be right and since is a research, i wonder if dusk even got some public funding?
Is not so unlikely to think the EU could have some funds for these kind of researches as well, as it is assigning funds for all sort of things.

That may indeed be the case, or at least they have been trying to get EU funding.

What are the reasons for pursuing the path of EU funding?
This is a point closely related to our intention to build a relationship with regulators and include them in our development strategy. Given the deep research nature of our endeavours, securing high-level multinational EU research grants in parallel to our private fundraising achieves the following points:

• To increase substantially the funds at disposal of the Dusk Foundation without selling additional tokens after our private-sale.
• To be implicitly compliant with EU regulators (important for our intention of implementing a confidential security token framework) under the premise that the whole development (so not only the currency) will be led according to strict EU compliant project management framework.
• To create a EU consortium where all partners will have a well defined and specific role approved by the EU grant commission and funded through them. This means that our partners won’t only be a silent logo on our website like most other crypto projects

[belechau]

The fact is that they don't need to simplify it for everybody since not everybody can join in since minimum investement is 100 ether. It's fine like that, I suggest to read Cardano's documents then

I dunno about that. investment isn't the only thing people can do. they can also promote, but if they don't understand...

Have you been informed about the possibility of reducing this minimum investment in other rounds, or is it a fixed amount? I'm not sure if it would be the best strategy, but there's always the other side of the story, and certainly reasons for it.

[MattLeBlanc]

I think 100 ETH is little too much for minimum investment in this bearish trend. Its hard to get investments at this moment, especially for ICOs, this is certainly a bad time. Hopefully, the team understands this and lowers the minimum investment so that even smaller investors can get a piece of Dusk.

[Jay2408]

I think 100 ETH is little too much for minimum investment in this bearish trend. Its hard to get investments at this moment, especially for ICOs, this is certainly a bad time. Hopefully, the team understands this and lowers the minimum investment so that even smaller investors can get a piece of Dusk.

Dev wrote already that they won't lower the minimum investment. Seems that they are quite determined on that, who knows maybe their private sale is running better than we expect. 

[Frank37]

The fact is that they don't need to simplify it for everybody since not everybody can join in since minimum investement is 100 ether. It's fine like that, I suggest to read Cardano's documents then

Not everybody can join in since minimum investement is 100 ether, but ... everybody can buy the token after it hits the exchange and the more are interested in buying, the better for the project. So it is not unimportant how many people understand the concept.