How long ICO will run dev?
We're getting a lot of these questions about running an ICO lately by people who aren't reading the forum content, even three posts back through the history.
DNotes is not doing an ICO. We are crowdfunding under the jobs act in a Reg A+ Tier II mini-IPO where we will be seeking 50 million US dollars. We have chosen this strategy to ensure international compliance certainty, particularly in the USA - an approach that is not possible with ICOs, which could find themselves under increasing regulatory oversight, or retrospective government action.
Our IPO will mean that both accredited AND non-accredited investors from many countries will be able to contribute to the US-based DNotes Global IPO. The funds from the IPO will be used to further advance the technology behind the DNotes blockchain, expand our current properties' capabilities (Four Pillars of Business Success / DCEBrief.com / DNotesVault.com) and create new ones beneficial to our ecosystem, and to invest in our NextGen Venture Capital platform. NextGen VC will help partner and client businesses to raise capital and operate a successful business, and DNotes Global will be invested in, or receiving income from these joint ventures. Some of the equity in DNotes Global (an initial 25%) has been awarded to the DNotes currency itself, so all revenue generating activities that DNotes Global undertakes add fundamental value to the currency which will actively boost the token's value and price. Provided all feasibility research comes back positive, we also plan to create a regulated cryptocurrency exchange that will allow crypto / US dollar trading.
These are our immediate plans we will be undertaking heading into 2018. The upgraded DNotes 2.0 blockchain will also launch sometime around February 2018, and continue to be developed concurrently during our mini-IPO. The initial modular release of DNotes 2.0 builds community economic incentives to save and earn interest through multiple mechanisms with unparalleled security that work to create a healthy DNotes economy. The second module will focus on tokenized platform support to allow businesses and users to easily create turnkey blockchain solutions for their decentralized or private applications, which will be heavily drawn on for integrating businesses into NextGen VC (including crowdfunding and the potential for regulated ICOs on our platform).
The CEO and CTO are extremely busy getting everything into action for the IPO, and completing prior commitments that we have made to finish the
Four Pillars of Business Success videos to have them ready for NextGen VC as both an advertising vehicle and educational guide. We have acquired the legal counsel of Laura Anthony of Legal & Compliance, LLC to advise us on the IPO, and we are actively looking to grow our team with more employee developers.
We do things the right way, at the right time. Many things have happened in 2017, and with the spotlight on cryptocurrencies in the media, 2018 is a most opportune time to spring forward into high gear. The whole world is watching.