Why DNotes is Supported by A Profit Generating Company

 

This article is provided for information and education purposes only and is not intended as investment advice. Readers are encouraged to do their own research and consult a professional before making any investment decisions.

 

DNotes started in 2014 as a blockchain-supported cryptocurrency, and on the surface seemed to share much in common with other such coins. Of course, anyone who is familiar with the DNotes project understands that there is one major difference that separates DNotes from most other coins: it is backed by a partner company, DNotes Global Inc. That company is focused on developing the technology and generating the profits that will allow it to aggressively grow, further support the DNotes network, and return the confidence shown by its investors.

 

The promise of this partnership came to fruition in March of 2018, following the successful alpha-testing of the upgraded DNotes 2.0 next-generation coin. The partner company makes development of the innovative aspects of the currency possible. The most obvious examples of this innovation are DNotes’ adoption of the Proof-Of-Stake algorithm (POS) to validate transactions, and its on-blockchain automated invoicing system — both of which were financed by DNotes Global.

 

DNotes Global’s chief strength lies in the business experience of its leader. DNotes co-founder Alan Yong is a highly-regarded entrepreneur, who learned many lessons from the previous tech boom when he founded Dauphin Technology in 1988. He is also the author of the dynamic business book, Improve Your Odds: The Four Pillars of Business Success.

 

Yong is widely considered a visionary in crypto circles. His leadership has resulted in DNotes’ strong degree of engagement with small business, women, and the young, as the company has worked to lay a strong foundation for the broadest possible uptake in the future.

 

There are a lot of different ways to build a cryptocurrency - from the sublime to the ridiculous -  but to build a robust one that can survive burst bubbles and regulation, and grow to the kind of ubiquity we envision, requires a phenomenal amount of supporting capital. We predict that with the inevitable bursting of the blockchain bubble, “sustainable” and “robust” will become the new crypto buzzwords.

Big, ambitious projects like this require liquid capital if you want to scale quickly and efficiently. The most sustainable way to nurture this growth organically is by reinvesting the profits from the DNotes business ecosystem. The larger the DNotes ecosystem is, the more robust support DNotes had from its fundamental, intrinsic value in profits and equity.

 

Another reason why DNotes Global is so important is that a successful cryptocurrency is going to need to work with an endless number of third party services. This chaotic muddle includes exchanges, fiat gateways, vaults, commercial banks, payment processors and many other entities, and there is no guarantee that those services will always have the customer’s best interests in mind.

 

DNotes Global brings all of this under one roof, with a singular DNotes ecosystem that provides for and supports the token. This makes every related process simple, secure and easy for customers to manage. It eliminates the need to have an account with each service or go to the trouble of manually transferring funds between them and then wait for them to clear.

By securing DNotes with fundamental value, DNotes Global protects it from downside trading risk and supports its upwards market trajectory. At the other end, DNotes Global will own a significant number of DNotes, which will be held by its investors. This cross-ownership model allows users to choose how they want to engage with and own DNotes.

 

Users can purchase a security (essentially company shares in DNotes Global’s ecosystem) and still have some exposure to cryptocurrency gains by company owned tokens, or they can opt to buy DNotes cryptocurrency and still enjoy the stabilizing presence of the DNotes Global equity supporting its fundamental value.

 

It is this unique, mutually beneficial symbiosis between DNotes and DNotes Global that will drive its adoption as a trusted and preferred cryptocurrency, making it the future of money.

Author: Timothy Goggin

Timothy Goggin is an economic analyst with an interest in the application of moral philosophy and decentralized systems. He studied economics at the Business School at Victoria University of Wellington, New Zealand. His area of research is the consequential and moral dimensions of implementing digital currencies and the resulting synergies for consumers in the trading environment.

Share This Post On

Submit a Comment

Your email address will not be published. Required fields are marked *

  Subscribe To Newsletter
Subscribe to Our Newsletter

Keep up to date with the latest from DCEBrief

* we hate spam and never share your details.
×