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

[magisterr]

The tokens will be unlocked AFTER Dec 1st but the vesting contract will be initiated on Dec 1st.

ok, I understand. Private sale ends before December 1st as well? Tokens will be listed asap to ETHFinex after unlocking or will be trading at Idex only at first?

[the_donald]

So within the end of the year we can already buy the tokens and right after, the next year, the network should come online, sounds quite a reasonable plan

I dont doubt they will manage to stick to their plans since the interest in Dust is pretty high right now and after some good marketing moves, they should raise enough to go ahead with their roadmap.

I hope you're right. too many projects fail to materialize these days. I really hope Dusk makes it.

[kraterion]

I hope it makes it beacuse it's very useful, it can create an whole new ecosystem of secure and private security tokens as well as a private network

[batako]

I hope it makes it beacuse it's very useful, it can create an whole new ecosystem of secure and private security tokens as well as a private network

Yes, we all hope that dusk network will be able to meet all the necessary stuffs to be able to operate as expected even though we are in the bad market condition right now.

[Amelie Poulain]

I hope it makes it beacuse it's very useful, it can create an whole new ecosystem of secure and private security tokens as well as a private network

Yes, we all hope that dusk network will be able to meet all the necessary stuffs to be able to operate as expected even though we are in the bad market condition right now.

Everything will depend on how the team will follow the roadmap and keep promises, I hope they will regularly makes happy investors and all community showing good news.

[Jay2408]

Found this interesting interview with DUSK on Ivan on Tech channel, good marketing move imo with his 190k followers.

https://www.youtube.com/watch?v=N53oracrSMU&feature=youtu.be

[o48o]

Found this interesting interview with DUSK on Ivan on Tech channel, good marketing move imo with his 190k followers.

https://www.youtube.com/watch?v=N53oracrSMU&feature=youtu.be

Hey they did it! Thanks for linking that, i've subscribed to it and got your notice before my phone notice . I was waiting for them to do interview with him. Great job team!

[king_of_alts]

Found this interesting interview with DUSK on Ivan on Tech channel, good marketing move imo with his 190k followers.

https://www.youtube.com/watch?v=N53oracrSMU&feature=youtu.be

Hey they did it! Thanks for linking that, i've subscribed to it and got your notice before my phone notice . I was waiting for them to do interview with him. Great job team!

Yeah, I like videos and an introduction to the topic and an interview are great to attract new people.

[jonnytracker]

Found this interesting interview with DUSK on Ivan on Tech channel, good marketing move imo with his 190k followers.

https://www.youtube.com/watch?v=N53oracrSMU&feature=youtu.be

Hey they did it! Thanks for linking that, i've subscribed to it and got your notice before my phone notice . I was waiting for them to do interview with him. Great job team!

Yeah, I like videos and an introduction to the topic and an interview are great to attract new people.

I like videos but those animated infographic ones . Not some random youtubers rambling how good the project is

[niklasmato]

I hope it makes it beacuse it's very useful, it can create an whole new ecosystem of secure and private security tokens as well as a private network

We all do, there are a lot of good ideas and ICO's out there but a lot are missing execution.
Anyway if an ICO succeeds now and the bulls come back, those ICO's will have a shitload of money to execute there ideas.

[bitcoin-shark]

I hope it makes it beacuse it's very useful, it can create an whole new ecosystem of secure and private security tokens as well as a private network

Yes, we all hope that dusk network will be able to meet all the necessary stuffs to be able to operate as expected even though we are in the bad market condition right now.

i fully agree i think it's the hope of us all that follow the project that succeeds and manages to create its own blockchain next year despite the adverse conditions of the market, once the tokens are listed we will see if the crypto world is interested in looking at the volumes exchange...

[aveon]

The tokens will be unlocked AFTER Dec 1st but the vesting contract will be initiated on Dec 1st.

So the 1 year period starts on December 1st as well. It will be interesting to see how people react to the the vesting mechanism.

How do you think will they react? Vesting is vesting, they cant do anything. 

Yeah, as simple as that. Or do they have some special vesting mechanism which is different from what we have seen previously?

They explained it many times, you have to search posts in this thread but since the community manager is so active here, I'm sure he will repost it

Oh really? Sorry, but I do not follow here very much lately, just need to earn money somewhere else:)$

[PS92]

Remember DUSK has Second-by-Second (SbS) vesting. You can withdraw the percentage of tokens equal to the percentage of time passed between 1 December 2018 and 1 December 2019. If a quarter of a year has passed you can withdraw a quarter of your tokens and so on.

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 a big plus in my opinion

[Token Williams]

So within the end of the year we can already buy the tokens and right after, the next year, the network should come online, sounds quite a reasonable plan

Remember: that's the roadmap. Lots of delays can happen. Look at other projects. But yeah, if maintained, that's a very reasonable plan!

[Rigorous]

Good points in Ivan's video about proof-of-work being a dead end, just look at the Bitcoin Cash mining hash wars going on right now, and proof-of-stake not being confidential, pointing out the necessity of an alternative consensus algorithm for the future of crypto.

That said there have been a lot of coins with made-up novelty consensus algorithms like proof-of-love, as well as permissioned, centralized ones such as proof-of-authority. It remains to be seen how effective DUSK's take on this will turn out in practice.

By the way, here is list of 29 consensus algorithms https://hackernoon.com/consensuspedia-an-encyclopedia-of-29-consensus-algorithms-e9c4b4b7d08f

[zgrdyg]

I hope it makes it beacuse it's very useful, it can create an whole new ecosystem of secure and private security tokens as well as a private network

Yes, we all hope that dusk network will be able to meet all the necessary stuffs to be able to operate as expected even though we are in the bad market condition right now.

Dusk team is taking the right steps almost every time and i am sure that even in this market Dusk network project will deliver great results and create a great ecosystem.

[levyashin]

So within the end of the year we can already buy the tokens and right after, the next year, the network should come online, sounds quite a reasonable plan

I dont doubt they will manage to stick to their plans since the interest in Dust is pretty high right now and after some good marketing moves, they should raise enough to go ahead with their roadmap.

Well, they already reached their soft cap and i don't see any reason they won't reach their hard cap either. They don't have a huge hard cap too. I wish i have that kind of money. I would definitely buy this. No bounty, no bonuses, only private sale and most important all, it is something needed.

[chichidori]

So within the end of the year we can already buy the tokens and right after, the next year, the network should come online, sounds quite a reasonable plan

I dont doubt they will manage to stick to their plans since the interest in Dust is pretty high right now and after some good marketing moves, they should raise enough to go ahead with their roadmap.

Well, they already reached their soft cap and i don't see any reason they won't reach their hard cap either. They don't have a huge hard cap too. I wish i have that kind of money. I would definitely buy this. No bounty, no bonuses, only private sale and most important all, it is something needed.

I think they are capable when it comes to marketing that is why no bounties were offered and for bonuses it just show how desperate a project is when they offer huge discount and end up sinking there own token.

[matjas]

Dusk team is taking the right steps almost every time and i am sure that even in this market Dusk network project will deliver great results and create a great ecosystem.

I can not disagree with you, mate.
DUSK team have made almost right decisions at the phase of this project. They have made great initiatives to help the project faster developed.

Having a good comunity manager who is active on forums and social media is a huge plus and Dusk is certainly lucky to have chosen a right guy for this task. We are getting really close to their Ethfinex sale and the lunch of their token.

[o48o]

How will you do the token swap, i mean how simple it will be? And since you have partnered with ethfinex, would it be too far fetched to think that they could do the swap by moving those tokens to bitfinex?