Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World
I have just ended my long term relationship with Poloniex, dating back to April 5, 2014 (when DNotes was first listed there). I transferred all of the DNotes I had there (that I used for occasional trading, but mostly to help people get into DNotes) to a place where I can trust the people in charge - DNotesVault. I even sold all the bits and pieces of other currencies I had on the exchange (forgot all about them), and used the bitcoin to buy DNotes. Without DNotes being listed at Poloniex, the entire exchange has rendered itself useless to me.
I tried to find some information as to whether or not there is standard requirements for maintaining a listing on the exchange, but there is not. The closest thing I could find is this blurb on what it takes to get a coin listed:
"We don't have a definitive set of criteria as each project is unique. We listen to the community and select projects that we believe are unique, innovative, and that our users would be interested in trading. We also look for products that have strong (organic) market demand."
I'm not sure what their definition of unique or innovative is, but surely the only currency that has chosen to take a different path (even if it is a lot more work), meets the normal definition of unique and innovative.
On a happier note, it is incredible to hear from supportive and loyal community members that believe in DNotes.
Wow, Chase. I am speechless.
I trust that we all have seen very successful businesses faded away at the highest point of their success. Why? Most of the time they forgot that they became successful because of their customers. One of the Four Pillars in my book is Your Customers. It is one of the cornerstones of business success. Collectively, DNotes and its stakeholders who have an account at Poloniex are their customers. They obviously failed to consider us as a group or the long-term impact we could have in our industry. If that is truly the attitude, we will survive, and they may stumble. I am disappointed but still wish them the best.
DNotes is different in many ways. Among others, we treat all our stakeholders as our valuable customers. We treat them all with ample respect and appreciation, irrespective of whether they own one DNotes or a whole lot more. It is the consistency of our attitude that matters. If we treat one of our small stakeholders badly, we established a consistency or the capability to treat others the same. Once taken for granted it becomes habitual until it is too late. The competitor just took over the top spot.
I hope many of you will have a chance to read my book and watch some of the videos. I have every intention of helping as many people as possible. That is one of my major contributions to DNotes and I trust that it will go a long way on our road to success.
Short-sighted and selfish decision can cause a lot of grief and pain to others. This time it hit close to home. Our community has spoken. We shall overcome and remain true to our vision as we continue to build a unified culture worthy of mass support. Once we start gaining momentum, we will be unstoppable. Join us and help spread the words.
Precisely Alan. Forgetting customers can be a grave mistake, especially in an environment where there is ever-increasing competition. It benefits few people to appraise things "in the moment" as opposed to wha something will become in the future. The presumed strategy is that when that "in the moment" situation changes in the future, that they will renew the partnership and cater for those same customers. However customers remember, and may become attached to the competition.
DNotes community really good, I basically read every comment, but my English is not good, do not like to leave a message here, I believe many people like me, like to read in this community, but not in speaking here, this community treats every customer as polite, courteous and equal, and there are many talented people here who are working or mentoring for DNotes.
Poloniex was from the trough and hardships long time ago, is now on track, But abandon his most loyal client, DNotes. feeling poloniex is so overbearing now.
Before my impression of poloniex has been good. Now I may have to rethink. Anyway, where does DNotes go I will go with it.
Seriously, now the exchange so much, without poloniex's listing a had not any discouraged, because had a lot of choice, and the end result poloniex will also lose some important and loyal customers.
PS: My English is not good , translated by Google.
Thank you dogemoon8888. We understand your message completely and are very proud to have people like you in the DNotes community.
"However customers remember..." - It's funny that I can forget things like my own phone number after moving too many times, what I went downstairs for, where I parked my car, etc, but I NEVER forget poor customer service. It is extremely difficult to win back trust after a blunder like this.
First, I agree with Chase, I NEVER forget poor customer service. It is extremely difficult to win back trust after a blunder like this. I used to respond to almost all the posts on this forum because I believe that you all are important to our success - you are our valuable customers. Unfortunately, it is no longer possible. We are growing with more and larger projects. But I certainly try to remember as many of you and your contributions as I can.
Second, thank you for your support and confidence in DNotes, dogemoon8888. We understand you perfectly. In fact, I am impressed, especially by your long-term view and your great ability to see the big picture. I remember responding to one of your posts earlier (see below). I did not want to disagree with you that Dnotes value must be higher than the ETC any time soon. So, I tried to explain how it could be possible and let the readers reach their own conclusion.
The fundamentals of DNotes today have not changed, as much as the value of DNotes has fallen significantly. I would have written the same post with adjusted values.
Quote from: dogemoon8888 on July 13, 2017, 02:01:52 PM
I have always been concerned about every item of Dnotes, each of which feels great, the current price is too low, if the developer continues to improve the value of the increase, Dnotes value must be higher than the ETC, that is now the price of 50 to 100 times Between, worthy of long-term holding, can ignore short-term fluctuations.
Quote from: Dyna on July 14, 2017, 02:58:26 AM
Thank you for your confidence in DNotes and our team. I share your frustration and will say that DNotes is significantly under-valued. I will be a fool if I agreed to sell just our ecosystem, including DNotes Global, Inc. (25% owned by DNotes stakeholders) for $$7,304,692, as valued by CoinMarketCap at the time of writing. It would be like selling Google or Facebook for that amount during their first year of operations. Essentially, zero value is assigned for our ecosystem the most valuable driver towards mass acceptance of DNotes as a supplement to global fiat currencies. Yes, it is a big bold endeavor and we are the only team totally dedicated to make it happen and we will. Everything that we have done is real and verifiable.
Wait, if we have only DNotes the digital currency like our industry peers and spent all the money and time pumping up DNotes the value of DNotes perhaps would be worth many times more than it is today. In my opinion, our industry, as a whole, has a rather confused judgement in sorting out value investment.
Why is DNotes so different? Because we believe that digital currency is the future of money (not fluff and puff thin air). The one to succeed must meet and exceed the full functions of money as a unit of account, a store of value, and a medium of exchange. And there must be fundamental or intrinsic value behind it. For it to happen, many challenges must be overcome, and many problems solved hence it requires a complex ecosystem and substantial investment.
So, what is the difference compared to what everyone else is doing?
We all started with the same OEM (original equipment manufacturer) engine (Satoshi Nakamoto Bitcoin engine) and changed the name plate with a few bells and whistles added to it. Without doing much more we claimed that it will magically be accepted as the transport vehicle by the masses. We dont think so. We believe that for it to gain mass acceptance, we must use the amazing engine to build a great car along with highways, gas stations, repair shops, etc. This takes a great deal of time and investment; few in our industry would care to understand or take seriously.
Our vision is to build DNotes as a trusted, purposeful digital currency accessible to everyone world-wide to supplement, and ultimately replace fiat currencies. How much could DNotes be worth one day well your guess is as good as mine.