Post
Topic
Board Tokens (Altcoins)
Re: [ANN][Private-sale] |DUSK Network| Security tokens, privatechain, Bitfinex!
by
DuskNetwork
on 26/11/2018, 10:21:42 UTC
STO competition is heating up. Seen some good project leading currently. I am hoping DUSK will release platfrom on time otherwise allow someone else to gain market share. 

DUSK is a platform for STOs like Ethereum is for ICOs, so if anything those projects should wait for DUSK.

Unless you think going ahead with Ethereum for STOs is a good idea.

There are sto's on ethereum too. Ethereum doesn't limit anything they are ico or sto or just shitcoin. But being on ethereum chain doesn't give any confidence to users, you can make your own token in seconds very cheap. I think dusk network also trying to build this trust. Like this:

"Oh, it is on dusk network. That can't be bad or scam."

The main difference is that on Ethereum all tx are public, which is bad for STOs (also bad for tokens btw)

Why do you think it's a bad thing that token transaction on the Ethereum blockchain are public? I really like that transparancy where you could follow the money in detail.

Public transactions are unacceptable in regulated markets. Think about the consequences of moving millions on an exchange wallet. Even without selling a single asset, just by broadcasting such a tx on an open ledger you can manipulate the market and induce panic selling in a way that is completely illegal.