ICOs have been rightly criticized for being susceptible to scams, but a little basic due diligence can help any investor avoid potential trouble. And make no mistake; that due diligence is an absolute necessity, given recent history. After all, some cryptocurrencies have raised unbelievable amounts of money without ever producing a real product – just empty promises.
Vaporware is software or hardware that is announced publicly and actively promoted, even though it does not exist. Studies have shown that 81% of all ICOs have turned out to be scams, which highlights the lack of due diligence from investors who bought into these projects. The most striking factor in all of this is that even though an ICO turns out to be a failure or scam, the team behind it always walks away with money.
DNotes Global, Inc. today announced that company CEO Alan Yong has been invited to deliver a keynote speech at the Emerge ICO Summit on October 9 in Austin, Texas, in which he is expected to share his vision for the blockchain and digital currency industry.
The Emerge ICO Summit is being hosted by Ten Capital Group, and will bring together angel investors, venture capitalists, and crypto hedge funds from the Ten ICO Syndicate with cryptocurrency startups and other companies raising ICO funds. The event is billed as an opportunity for blockchain-based startups to interact directly with technology investors.
At DCEBrief, we are committed to providing the information that our readers need to educate themselves about the digital currency and blockchain revolution. As part of that commitment, we support the efforts of other groups and organizations that share that vision. After all, true mass adoption of this technology innovation required an educated and informed population.
We recently had an opportunity to interview Erica Stanford, co-founder of Cryptocurrency Simplified – a platform that shares our commitment to ensuring that people have the resources they need to understand and use digital currency and the blockchain. In that interview, she provided details and insight about her exciting project.
The distributed ledger system that most people know as the blockchain is a truly ingenious innovation with many positive world-changing implications. It not only enables digital currencies to thrive, but also provides new options for self-empowering digital payments and new ways to maintain time-stamped, immutable record-keeping. Merchants will be able to eventually use digital currencies for 100% of a new generation of debit and credit card transactions, while enjoying the benefit of a completely auditable transaction trail thanks to the blockchain.
Before that vision can become a reality, however, there are many challenges and obstacles that need to be overcome. Fortunately, DNotes Global Inc is committed to identifying those challenges and creating viable solutions that overcome obstacles. DNotes’ Blockchain Integrated Invoicing is one clear example of that commitment.
Capitalism’s distinction from economic ideologies is that anyone can enter a market, leverage their skill set and have an equal chance to climb the ladder based on their performance. A dictator, ruler, or union doesn’t decide how much your work is worth; the free market does. Some proponents of economic ideologies often mislabel free market capitalism as just another ideology, but they couldn’t be more wrong. Free market capitalism means that the economy is devoid of the regulatory environment required to enable groups or individuals to impose their theories on how an economy should be run through regulation, coercion, or force.
The Dogecoin cryptocurrency was Founded in late 2013 with branding that played on a cartoon dog. It quickly became a hit among the younger participants in the cryptocurrency community. Based on an internet meme, Dogecoin’s founders exploited this brand recognition among their target audience, and it worked! The website Dogecoin.com was first published as a joke, but after it went live the website’s publishers were approached by a developer who offered to compile them a Dogecoin-branded QT client.
One of the things that makes DNotes truly unique in an industry packed with rival digital currencies is the fact that the DNotes currency doesn’t exist within a vacuum. Instead, it exists within an entire ecosystem of products and services designed to support and facilitate its overall mission. The components of that ecosystem were all specifically created to further DNotes’ goal of achieving mass acceptance and adoption, while simultaneously providing invaluable services to the industry and public. Our innovative CRISP offerings are a perfect example of how that works.
As a core component of the DNotes ecosystem, CRISP is strategically linked to that system and was created to help us achieve DNotes’ ultimate objective: becoming an inclusive digital currency in global commerce, for the benefit of everyone. In this article, I will explain how CRISP fits into the DNotes and DNotes Global model in a way that benefits everyone on the network.
“If at first, the idea is not absurd, then there is no hope for it.” – Albert Einstein
In recent years, Initial coin offerings have become a popular way for many blockchain-related projects to obtain needed capital. In fact, 2017 saw ICOs bring in roughly six times as much capital as traditional venture capital funding rounds. And while some observers might have expected that fundraising success to taper off as cryptocurrencies declined in value in 2018, ICOs have continued to attract substantial investment. Unfortunately, that success has also attracted attention from regulators, and calls for greater oversight of the cryptocurrency industry and its fundraising efforts.
Recently, DCEBrief had the opportunity to speak with DNotes Global Inc co-founder and CEO Alan Yong and we asked him to share his thoughts on the current issues surrounding initial coin offerings. Below is the transcript of that conversation.
Aside from the painstakingly obvious differentiating factors such as total supply, algorithm, and name, there are several distinctions between Litecoin and Bitcoin. Although Litecoin’s leadership and community often sells itself short by dubbing Litecoin as ‘the silver to Bitcoin’s gold’, it has several distinct advantages over Bitcoin.
“If at first, the idea is not absurd, then there is no hope for it.” – Albert Einstein
True to the words of Albert Einstein himself, DNotes global digital currency – a perceived underdog among industry peers – has often received short thrift from naysayers who have yet to formulate a valid argument against the currency. That’s primarily because they haven’t taken the time to fully understand it. After all, DNotes is not just another cryptocurrency, though it is easy to overlook the uniqueness of DNotes’ path because of the sheer massiveness of its scope. DNotes is not just simply targeting niche markets like apps or software, but instead is focused like a laser on becoming the global digital currency of the future
Governing bodies have been the sole arbiter of sanctions and stimulus for too long now, and the people have very little control over economic matters that affect their own lives. Ordinary people often lack a voice on the stage where these matters are discussed, and even if they had a voice, they have no real leverage to bring to the negotiating table. Most ordinary people face heavy burdens from debt, liabilities, lack of liquid assets, many fail to grasp basic economic concepts, and there are a lot of people who couldn’t care less. It is high time that people who do care take back control of their own lives, begin reducing nanny state economic controls, and embrace the free market on a society wide level.
Canada’s government is failing the people. According to www.debtclock.ca the Canadian Government is in debt to taxpayers to the tune of 657 billion dollars. This begs the question: how can they still pay the people after they have already liquidated the rest of their gold reserves? They seem single-mindedly intent on seeing how long they can run deficits before taxpayers notice. Canada’s treasuries are empty, yet the government continues to pay workers in the unbacked currency. Unbeknownst to most taxpayers, they are willingly handing over their labor and selling their products for a currency that is essentially worthless.
How long this charade can go on is anyone’s guess, but the clock is ticking; it’s time for cryptocurrencies to start making headway in Canada and for the people of Canada to get prepared for what’s about to come. Irrespective of party in power or leader, if the Canadian Government pushes their luck much further they will find themselves on the receiving end of a mass uprising, as even the docile, meek, and timid, become fearlessly enraged.
For many years, our view of the governance model for information was based on the centralized approach. Even now, in the 21st century when most information is already stored in databases, we have gotten used to the idea that data that belongs to us… is not managed by us. Instead, it is managed by certain trusted parties such as governments (national registers), banks (financial databases), private companies (social networks) and so on. However, the rise of Bitcoin has sparked a new debate about the need for those controlling third-parties. Now that we’ve managed to build a transparent, auditable, independent financial system that requires no intervening third-parties, blockchain advocates naturally wonder why we can’t apply these properties – or at least some of them – to other systems. After all, the blockchain has opened the door to a fundamentally new way of managing data – one that belongs to the community. This is the primary question that we’ve decided to cover in this article.
Based on the findings of leading news outlets that have historically acted as an early warning mechanism for the public, global nuclear tensions appear to be at an all-time high and people are woefully underprepared. All-out nuclear war would instantly set civilization back 100 years. The initial blasts could kill billions. Those who survived would face food shortages, famine, infertile crops, and billions of tons of dusty smoke that would block out the sun. When coupled with an irradiated, uninhabitable environment, this recipe for chaos will all but entirely halt productivity. No productivity means no goods are produced, eliminating the need for any currency, let alone a digital one. The systems that support society would crumble, leaving only the arduous task of rebuilding while simultaneously tending to victims and trying to provide basic survival for oneself.
For many years intermediaries have found a way to wedge themselves between consumers and merchants, profiting from both sides and making transactions below a certain dollar value all but impossible. Thanks to the internet, the world we know is changing very rapidly, and increased competitiveness in the payments sector is providing people with options that never existed before. The increased competition from small business and startups is creating the beginning of a fee-slashing snowball effect and putting more money in the pockets of consumers. And as consumers gain access to income that would otherwise be allocated to pay for financial services, businesses will immediately enjoy revenue increases and widening margins as their payment processing fees are all but eliminated overnight. With this extra money at their disposal, they can more effectively for expand the business, provide better products, and ensure that customers get even more value for their dollars.
DNotes Global Inc Launches Reg. D 506 (c) Funding to Raise $5 million from Accredited Investors in a series of Three Funding Rounds
DNotes Global, Inc. announced on Thursday that its first funding round utilizing Reg. D 506 (c) to raise $5 million from accredited investors is now live. An offering statement has been filed with the SEC and a Private Placement Memorandum (PPM) is now available to verified accredited investors. Prospective investors must first be verified through the company’s investor web portal: https://investors.dnotesglobal.com/
DNotes Global, Inc. announced on Friday that an experimental Proof of Concept for its DNotes Pay automated online payment tool is now available for download and testing. The new payment system is a streamlined, simplified, and user-friendly tool that provides automatic payment, confirmation, and delivery of digital products.
DNotes Global Inc. has made a major development breakthrough on the payment services front, announcing the integration of an automated invoicing system with DNotes 2.0. The system promises to revolutionize customer-to-merchant relationships all over the world by allowing them to transact directly with one another without going through a middleman.
With the rounding out of 2018’s second fiscal quarter quickly approaching, the threat of recession designation is looming over the cryptocurrency industry and investor confidence has been shaken. By definition, recession is a period of economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
Bitcoin began the first fiscal quarter with a valuation above 13,000 USD and slumped to 6,700 USD at the end of the quarter. Therefore, in order to stave off being labelled a recession going into the third quarter, Bitcoin would have to rebound back over 6,700 USD (not adjusted for inflation). Bitcoin currently sits at 6,200 USD.
DNotes Global, Inc. has announced that its cryptocurrency under management, DNotes is now trading on the Mercatox digital currency exchange. DNotes, which received a major technological upgrade earlier this year, has been listed under the ticker symbol ‘NOTE’.