What are the pros and cons of DNotes being included in a project such as Blocknet?
At this point, it is a little early to be conclusive since a lot of things are rather fluid. The industry has certainly started the consolidation phase. There are certainly advantages to join force with the right industry peers, at least in certainly areas, but there also significant risk of being associated with the wrong players and not able to get along. This industry has a higher tendency to be involved in a lot more unproductive conducts than I have ever witnessed in my long business career.
DNotes strategic path is to build a solid track record the first year and be a lot more aggressive with our growth path starting the second year. New technologies always evolve and get better over time. Apple Newton has taken over twenty years to be the smart phone as we know it today. I have been down that route. No matter how exciting the first generation of a new technology or concept may come across to be, there are always rooms for improvements. Let's say I will be keeping a very close watch on Blocknet and keep our options open. Please share your comments.
I like the path DNotes has chosen, steady, sustainable, and prepared to abide by the law. DNotes has a longer, and cleaner track record than any of the coins participating in Blocknet. We also have a very intelligent, mature community. It would be a shame to attract people who demand instant gratification, and take it out on the coin when they don't receive it.
The Blocknet IPO sounds interesting, but I will not be participating, as there is no cap to the amount of shares they can issue during the IPO. I may invest a very small amount in the future, depending mainly on price and total supply.
XCurrency has taken quite a hit so far but I am confident it will be a solid investment at the current price of around 100K. There is always a risk to do a lot quickly. Many of their investors may not understand enough as to what Blocknet is all about but I believe it is good for the industry.
DNotes will do well by itself because of our strategic positioning. We are all about being a trustworthy currency for the masses. DNotesVault, to be launched in a few weeks, along with our family of CR.I.S.Ps. (Cryptocurrency Investment Savings Plans) will be a major step in the right direction. Subsequent projects to be systematically launched over the next 24 months will solidify our foundation, allowing DNotes to be a serious player in cross border currency transfer, payment processing, mobile applications, and others. We will take our time to do the right at the right time.