1. Dusk Network (Netherlands)
Dusk Network is an infrastructure protocol for anonymous data transmission and issuance of security tokens. Dusk Network builds an ecosystem with an optimal balance between full decentralization and anonymity in conjunction with full compliance with legislation.
A distinctive feature of the system is the use of the SBA (Segregated Byzantine Agreement) protocol, which enhances the well-known BA (Byzantine Agreement) by adding non-operational nodes which take upon themselves calculations, voting and transaction confirming.
When using such a system, ordinary nodes are responsible only for generating blocks, which reduces transaction speed and ensures stable operation of the main Dusk network. Also, non-operational nodes perform data transfer using the system called On-Offline File Transfer (a fast file transfer system with online and offline access) and support the work of state channels.
The Dusk Network team is committed to working with regulatory bodies to accelerate mass deployment of its technology. The issue of anonymity in the network is one of the acutest topics discussed at the highest level, and the recent adoption of the GDPR (General Data Protection Regulation) serves as a clear confirmation of this. Dusk Network provides exactly the same level of anonymity without connecting third parties and with the full responsibility of network users.
According to the developers, each user of the system will have to pass KYC, which is built into the platform itself. To preserve the anonymity of users and to avoid data leakage in the Dusk system, anonymous addresses (stealth addresses), anonymous transactions (RingCT, as in Monero) and anonymous encryption of IP addresses will be used.
To ensure fast and anonymous transfer of audio, video and text data with low latency, Dusk Network implements so-called Secure Tunnel Switching (STS).
Due to the protocol’s features, Dusk is ideal for streaming audio and video with high bitrates, organizing audio and video conferences, transferring files and releasing Security Tokens. According to the team, the era of ICO is coming to an end and the future belongs to STO (Security Token Offerings), where Dusk hopes to take the place of Ethereum.
The team is working to improve the new standard for XST security tokens, wherein each issuer has the right to customize its own token parameters, including conducting KYC, the amount of public information and compliance with the law.
Dusk plans to organize a regulated procedure for transferring assets to third parties through security tokenization. It is here that the fine-tuning of the parameters of the tokens is implemented just right: from full transparency during transfers of rights to land ownership to sufficient transparency that required by law when it comes to concluding transactions at financial markets.
The roadmap of the project is detailed and all major development is scheduled for 2019 with the full operation of the system in 2020.
Tokenometrics of the project Dusk Network:
The cost of 1 DUSK = $ 0.029 ($ 0.038 at the stage of the private sale). Tokens are created using the standard ERC-20, with the subsequent transition to own blockchain. The number of tokens for sale is 500 million (50% is allocated for ICO). Hard Cap - $ 7.8 million. Now there is a Private Sale going on, where the minimum investment is 100ETH. Max bonus - 30%, release of tokens on 25% monthly. Public presale? TBA.
The Dusk project team at the moment consists of two departments: business and technical. The technical department is represented by architects with experience in TomTom and Beestar and blockchain developers with experience from 1 year to 6 years.
The business department is made up of representatives from Kryha and the Informance Group, some of whom have worked in Shell (LON:RDSa), Rabobank, and TomTom in positions related to financial affairs and finances.
The project has entered into a partnership with Kryha, a company that develops blockchain products for many well-known brands, including KLM, Shell, and Jaguar.
Kryha will help develop partnerships in the EU. Another strategic partnership was signed with Aylon Morley, director of Wentworth Hall Family Office, a private investment company with an 11-year history that will assist the Dusk team in finding strategic partners.
Summarizing the Dusk project: the idea is of a very large scale, connecting many necessary components into a single whole, the team is average with good experience and partnerships, the project capitalization is small by today's standards. On the other hand - the HYIP is still zero, competitors are also available and are actively developing. The recommendation is to participate only at the Private Sale stage with a 30% bonus.
Evaluation of the Dusk project from Tokenbox is 7/10.