[ANN] Dove Wallet

[Dove Wallet Service]

Dove Wallet

WE MOVED TO NEW THREAD
https://bitcointalk.org/index.php?topic=5127922



URL : https://dovewallet.com

Features

- Daily bonus
  You will get bonuses for every currency you have in your wallet.
  We distribute bonuses which were gathered from daily trading fee.
  You can see daily bonus rate table from https://dovewallet.com/bonus-distribution-history
  (If trading volume increases, you would get more!).

- Trade with your favorite currencies directly!
  You can trade not only on ETH/BTC market but on BTC/ETH market as well.

- Layered security
  Your sensitive info and assets are stored in physically isolated server.


  Please come and enjoy!

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[hugeblack]

I think you're wrong in a lot of things:

The term "wallet" is called the program that saves and manages the private key or more than private key, where the user has access to that private key/s. You are talking about the need to prove identity, which turns your *Dove wallet* into an exchange platform.

from your website:

Sensitive info and assets are stored in physically isolated server

Even if you are crazy, you will not trust this text. The design of your wallet is very bad, which indicates negligence that facilitates the penetration of the wallet.

I would like to add more but please lock this topic.

[OmegaStarScream]

In addition to what has been said above, your privacy policy, terms of services are not made. Your social media pages are empty, the team behind this project is not known.

There is a lack of validation rules and error messages when it comes to making an account, login etc.

In other words, you didn't put much effort and people are not going to trust you with their funds for that reason. The way it's looking is that you're trying to attract people with this daily bonus feature so you could get people to deposit their money.

[1Referee]

- Daily bonus
  You will get bonuses for every currency you have in your wallet

Till you run out of free dust and people lose their funds. 

If your wallet service was solid, which it clearly isn't, but if it was, the service itself would be enough to convince people to use it. Offering bonuses raises red flags.

Please come and enjoy!

This reminds me of a warm evening with.... lol.

[joniboini]

Where did the bonus comes from? It kinda sounds like ponzi tbh, just add it with: deposit and refer people to earn more.
So now you have a ponzi wallet.

[Bitinity]

Where did the bonus comes from? It kinda sounds like ponzi tbh, just add it with: deposit and refer people to earn more.
So now you have a ponzi wallet.

It is indeed looks like a ponzi scheme, I tried to look at the website but it gives me "Disconnected, reconnecting...". Seems like unprofessional person trying to fool people by offering free bonus for every coins stored on the site.
OP is also giving so short introduction only here and left the thread just after he posted it. No good reasons to use this unprofessional service.

[Dove Wallet Service]

I think you're wrong in a lot of things:

The term "wallet" is called the program that saves and manages the private key or more than private key, where the user has access to that private key/s. You are talking about the need to prove identity, which turns your *Dove wallet* into an exchange platform.

from your website:

Sensitive info and assets are stored in physically isolated server

Even if you are crazy, you will not trust this text. The design of your wallet is very bad, which indicates negligence that facilitates the penetration of the wallet.

I would like to add more but please lock this topic.

We are not just focusing on exchange service. We will provide some transfer between members and payments too. (More will come)
So this is why we chose "Wallet" instead of Exchange.

The point of "physically isolated server" means that we don't put sensitive info in one server. No one can connect and interact with sensitive server directly.
You may already know that "Cryptsy" was hacked due to one of open source scam wallet which included trojan. You don't need to worry about those hacks too because private keys and wallet management control server is not running in wallet server. (We manage private keys and broadcast transaction bytes directly to wallet server. I think you understand what I mean)

In addition to what has been said above, your privacy policy, terms of services are not made. Your social media pages are empty, the team behind this project is not known.

There is a lack of validation rules and error messages when it comes to making an account, login etc.

In other words, you didn't put much effort and people are not going to trust you with their funds for that reason. The way it's looking is that you're trying to attract people with this daily bonus feature so you could get people to deposit their money.

We will improve our privacy policy and terms of service continually. There are no hidden fee or irresponsible terms.
We are just starting social media channels. will be filled too. (Actually we are just starting service)
We may add more resources time to time including team members.

We are improving UI for error messages. I don't actually know what you faced but I believe it's already solved.

We added Daily bonus rate table link on the thread. https://dovewallet.com/bonus-distribution-history
As you can see the rate is not that high. This is not some kind of ponzi. No one will deposit big money for this return rate. Isn't it?
This is just little bonus we can provide. This rate maybe increased when trading volume (fee) increases. So we want to make virtuous circle.

Where did the bonus comes from? It kinda sounds like ponzi tbh, just add it with: deposit and refer people to earn more.
So now you have a ponzi wallet.

I think we didn't provide much information. Sorry for the inconvenience.
We added more info about it.
Mainly those bonuses are coming from trading fee.
You can check bonus distribution history table here. https://dovewallet.com/bonus-distribution-history

Where did the bonus comes from? It kinda sounds like ponzi tbh, just add it with: deposit and refer people to earn more.
So now you have a ponzi wallet.

It is indeed looks like a ponzi scheme, I tried to look at the website but it gives me "Disconnected, reconnecting...". Seems like unprofessional person trying to fool people by offering free bonus for every coins stored on the site.
OP is also giving so short introduction only here and left the thread just after he posted it. No good reasons to use this unprofessional service.

Our daily bonus rate is between 0.000001 ~ 0.00001% which is far from Ponzi. Maybe you would think this as just dust.
We don't make money from air, but distribute from trading fee.

Sorry about some bugs. We've been fixing some bugs and restarted server time to time.
I believe it's okay now.

[Dove Wallet Service]

Please leave your favorite coins. We will consider to list.

[Dove Wallet Service]

Dove Wallet

As trade volume increased, daily bonus distribution rate increased!

Current BTC's daily bonus rate is 0.010185% (yearly rate 3.787%) which means that
if you have deposited 1 BTC few hours ago, then you get approximately 0.00010185 BTC now.
Actually the rate was higher yesterday. (daily rate 0.021022%, yearly 7.974%)
Here's the whole table. It's publicly open. https://dovewallet.com/bonus-distribution-history


This is not much and the rate can vary everyday.
But we think that this may be a starting of small virtuous cycle

[Dove Wallet Service]

What is Dove Wallet’s daily bonus?

Hi, 😊

We have an interesting feature which called as 'Daily bonus'. Your money will increase DAILY after you deposit!

Some people may accuse it's a fraud or Ponzi, but it's not even close to it.
To put it briefly, we distribute what we earn from trade fees to users according to their balances.

Here is 28th of Mar.,2019 bonus distribution history regarding as BTC.
BTC daily rate: 0.008565% / Yearly rate: 3.175%
You can check this on Dove Wallet which is updated every day.
Bonus distribution history https://dovewallet.com/bonus-distribution-history

Let's look at BTC. You will receive 0.00008565 BTC if you have deposited 1 BTC before since today's daily rate is 0.008565%. Maybe you would feel it's too small like a dust. But if you get bonus in this trend, daily rate will be compounded and yearly rate will be increased up to 3.175%, which results 0.03175 BTC of bonus.


Daily bonus is,
(1) From a part of Dove Wallet's daily trade revenue,
(2) Distributed depending on user's balances.
This means that the more trade occurs, the more bonus will come into user's wallets. On the other hands, the per capita bonus will decrease if there are a lot of balances deposited.
We don' t know how much we are going to distribute every day since no one can predict daily exchange volume, member's balances. One day yearly rate can be 10%, and the other day can be just 0.1%.

Here are some answers to frequently asked questions.

1. Why Dove Wallet distributes bonus?
We want to give a little bit of daily happiness who deposit into our service, and this is where this idea came from.

2. What's the benefit of bonus distribution?
There are a bunch of advantages. One of that is there is no loss from anyone neither Dove Wallet side nor user-side. It's a win-win situation.

3. Could you explain more about the win-win situation? What do you mean by that?
Users don't need to invest a particular currency unnecessarily only because of the bonus. You might have seen ads they promise to give you their own currency with high dividend yield. Or you must be deluded to invest in operating master nodes because it has a high dividend yield. What with one thing another, there are a bunch of Ponzi, HYIP(High-yield investment program) occurs. However, because of currency's price fluctuation, it may cause a loss at last.

Here is a quick example.
James has heard about ZZZ currency with a prospective dividend yield of 20 per cent, and he bought 1 ZZZ which is 10 dollars per ZZZ. He will receive 1.2 ZZZ after a year, but if the price halves in the meanwhile, he will get only 6 dollars. In short, he invested 10 dollars, but only 6 dollars will be in his hand.
Just carry on with your favorite currencies. We will give you bonus in same currency you have. Your balance will increase as time passes.

4. Isn't bonus very little?
We don't set specific daily bonus amounts. Bonus works depending on the daily volume. High-volume will give you a high bonus. If you like this concept, please bring your friends and family over to Dove Wallet. Dove Wallet is just starting its service, so more users would create a virtuous circle.

5. Is there a minimum amount for Bonus?
Nope. But bonus we distribute should be bigger than 0.000 000 001, which is the smallest number to present in our system.
Most people will get bonus if he or she doesn't deposit super little amounts.

6. When can I receive?
Dove Wallet distributes every day from 0:00 to 1:00 (UTC). We calculate bonus amounts some time after 0:00 and usually distribution starts around 0:10. You will get bonus if you deposit before 0:00 (UTC).

7. Can I check the bonus details by myself?
Sure! You will see the details on 'Bonus distribution history' page.
Bonus distribution history https://dovewallet.com/bonus-distribution-history
Daily bonus rates and histories are open to anyone.
Here's bonus verifying equation.
(the amount of your balance) x (daily rate) / 100 = (your daily bonus). There can be a small error due to precision limit, but it will almost match perfectly.



🐦Enjoy our bonus, and Super happy!

[Dove Wallet Service]

WOW BTC Bonus rate is 0.051%, yearly 20% now.
https://dovewallet.com/bonus-distribution-history

[Dove Wallet Service]

Fixed some bugs related to showing Bonus distribution history.
There was little UI problem that happens when user clicks "View history" link from main page.

Please refresh your page if you can't see bonus distribution history yet.
As we use single page application style, maybe you would have to refresh web browser manually to receive latest update.

We will add some automatic testcases and UI js version sync system to prevent these issues happening.

[Dove Wallet Service]

Zcash, Horizen, Monacoin and few other currencies will be added soon.