Average rating : HIGH
The DUSK Network is a decentralized infrastructure that enables fast, anonymous and secure bi-directional transmission of data among equipotent peers, paid for by a privacy-oriented cryptocurrency: DUSK.
|Crowd-sale:||Ended - ....||ENDED|
Raised: 0 of 14,400,000USD ( 0%)
|Ticker:||DUSK||Available for token sale:||50|
|Token type:||ERC20||Private-sale/pre-sale token price:||/|
|Accepts:||ETH, BTC, USD, EUR, USDT||Private-sale/pre-sale bonus:||no info/ no info|
|Prototype:||Pre-sale min/max personal cap:|
|Team:||16 persons||Crowd-sale token price:|
|Team residence:||Netherlands||Crowd-sale min/max personal cap:|
|Company residence:||Netherlands||Cant participate:|
Dusk Network is a promising project that is attempting to address a niche that is still to be suitably fulfilled. In addition, the low hard cap makes this project interesting to investors as they may be able to realise a lot of the potential upside. However, in the current market conditions, nothing is guaranteed and the project can still decrease significantly in value, even with a hard cap of just under $8 million.
Furthermore, the Dusk protocol incorporates a comprehensive suite of features that enable app developers and third parties to create their own applications and customize their specific privacy requirements. This highlights the flexibility of the project and sets it apart from other blockchain offerings, however due to the complexity of the project, their security protocols and privacy mechanisms will have to be stringently tested and verified by the greater community. As a result, the first half of 2019 will be crucial with the team set to unveil both their testnet and mainnet by Q2 2019.
That leaves potential investors with around 9 months to wait and it will be interesting to see if the team incorporates strategies to incentivize early investors to keep a hold of their DUSK tokens. Furthermore, it currently appears that the team and early advisors will enjoy the highest bonuses and as a result, they will be expected not to “dump” their tokens on the secondary markets.
The project is also of a highly technical nature and the focus on secure data transfers and private communications is entirely logical, however the goal of running a security token platform seems out of keeping with the overall message and may result in the team spreading themselves too thin. Still, Dusk is definitely a project to keep an eye on, and if the team can confirm positive token mechanisms and post ICO strategies, then it may present profitable opportunities during a tough period. The ability to secure an EU research grant will also add to the attractiveness as the team will increase the funds at their disposal without having to sell additional tokens after the private-sale.see more