April has arrived with a range of exciting announcements to boost our march towards public exchange launch in London at the end of the month. DasCoin CEO Michael Mathias has used the occasion of the first birthday of the DasCoin blockchain to announce some key changes to NetLeaders accounts, while in a further development we can reveal that 50% Bonus Cycles are being given out on all new licenses sold until midnight on April 8!
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Among the key changes announced by Michael on a YouTube video published on March 31 were:
- 100% of commissions are paid out to NetLeaders cash accounts
- Daily limit on the transfer of DasCoin from vault to hot wallet removed
- An overall NetLeaders commission cap introduced
- DasCoin to trade as DASC
Michael said: “Today is the first birthday of the DasCoin blockchain so I want to wish everyone many years of continued success and I see from the stream of photos coming in that many of you are celebrating this birthday so it is very touching.
“On 31 March 2017 in Zurich a year ago we witnessed the birth of a better way: better speed, better scalability, better security. Many people are coming to the conclusion that ours is a superior blockchain.
“Over 700 million units of DasCoin have been minted – that represents only just over 9% of the total supply that will be minted. Over 1.5 million blocks have been generated, each six seconds long. We have vast capacity in our blockchain and it operates with great efficiency, allowing us to soon deliver a broad range of global industries with the most cost-effective blockchain solutions in the world.
“Time has come to make some very important decisions”
“We have achieved incredible success but for us to get to the next level of success and to ensure long-term success the time has come to make some very important decisions.
“Starting on April 2, 40% of your NetLeaders commissions will no longer go to a dedicated reserve account. From this point forward 100% of your commissions will be paid out to your NetLeaders cash account. This decision has been extremely well received by the community.
“We hope that having these extra funds available will enable everyone within the NetLeaders community to buy DasCoin on public exchanges and have the community serve as a catalyst in the overall success of DasCoin as we enter this new stage of growth.
“Next, with advice from leading blockchain consultants, and coming into effect on April 1, the daily limit of all NetLeaders licenses on the transfer of DasCoin from vault to hot wallets will be removed. By removing daily restrictions over 700 million units will be available to the market. We are going to let the market settle at its agreed upon pricing level prior to DasCoin entering the public market. We want our private market to find that balance.
“So here’s your decision: do you think short-term or long-term? If you see the value of DasPay and all the future elements of value we’re creating then you will hold and enjoy the growth that is likely to follow.
Click on the video to listen to Michael Mathias’ announcements in full
“Please be aware that in the short term there will be more supply than demand. Don’t be alarmed by the volatility, this is simply about the market finding its balance. There are many smart people in the community who are holding. But it is the market that will decide what the price is and our strategies and vision will do the rest.
“A third important decision was made. Starting April 2, an overall NetLeaders commission cap will be introduced. Advocates throughout the world have benefited tremendously from the NetLeaders incentivised marketing programme and this decision will strengthen the sustainability of the entire ecosystem and enable our marketing community to be generously rewarded in the years to come.”
Michael’s YouTube presentation was followed by an update from NetLeaders Director John Pretto. John revealed that from April 2 until midnight on April 8, everyone who purchases a NetLeaders license will receive 50% Bonus Cycles. He said: “We have never offered this level of bonus, and frankly, we will never offer a bonus this generous ever again. But this month is so special that we want to kick it off in the best possible manner, so what better way to get our community excited than to offer an unprecedented promotion.”
Retrospective bonus cycles will also be added to licenses purchased earlier this calendar year (on top of the 10% bonuses already received):
- March 16-April 1st: An additional 40% Bonus Cycles
- March 1-March 15: An additional 30% Bonus Cycles
- Feb 15-Feb 28: An additional 20% Bonus Cycles
- Feb 1-Feb 14: An additional 10% Bonus Cycles
- Jan 1- Jan 31: An additional 5% Bonus Cycles
John added: “We are on our way to the next level. Soon our community and the power of the Das ecosystem will be known far and wide. Soon DasCoin will be trading on global public exchanges and our ecosystem will be providing blockchain-based solutions to businesses throughout the world. So make the most of this incredible promotion!”
The run-up to Easter itself was also packed with news so let’s get you bang up to speed with everything in the world of NetLeaders and DasCoin.
As planned, the DasCoin Blockchain source code was released onto GitHub on Sunday. So anyone can now review the code behind the DasCoin Blockchain by downloading a link from the GitHub repository. The code, which is based on the BitShares Graphene platform, is viewable in C++ source code allowing for greater transparency and better understanding of the DasCoin system.
The DasCoin Blockchain makes slight changes to the Graphene core engine to allow for the addition of master nodes. The node architecture is not revealed to protect the safety of users. Other adaptations include the process of minting DasCoin, issuing cycles, allowing transfers between NetLeaders and WebWallet Vaults and more.
NetLeaders University up and running
NetLeaders University has been created to introduce you to all the powerful tools and services within DasNet. Every license-holder can access exciting and highly valuable coursework. We have broken the course into three courses: onboarding, compliance and success.
- Onboarding ensures that you get to know the dashboard, features and tools of NetLeaders and our partner companies
- Compliance lays down the rules that must be adhered to by each member of the NetLeaders community
- Success is the final course which covers the realm of bonuses, strategies and best practice.
Each one of the modules will end with a short test on the material that has been covered. Don’t worry though, these tests are very simple and are designed for you to get the most out of your NetLeaders License.
Paris event: Blockchain on the catwalk
DasCoin hosted an event at the top of the Eiffel Tower on Monday in collaboration with haute couture designer Julien Fournié where details of a new solution to help the fashion industry safeguard intellectual property was outlined.
Designers require their work to be shared among multiple parties. Protecting original designs in this fluid ecosystem has always been a challenge and the first practical solution comes via the DasCoin blockchain.
Julien Fournie said: “A fashion designer needs to protect his designs on a daily basis, at various phases of the design process in an easy, secure, efficient manner. Fashion designers must remain the real decision-makers for all of their collections. I am delighted to collaborate with DasCoin to achieve that goal.”
License sales: 100,000 and counting!
You may have seen our email earlier in the week announcing the sale of the 100,000th NetLeaders license. This is a tremendous achievement which we will of course further celebrate when we meet in London at the end of the month.
The important thing to remember is that even with the impending addition of the public exchange dimension to consider, it remains really important that we build the NetLeaders community by onboarding more prospects and selling more licenses. And with blockchain services coming on board, and DasPay also on the horizon, there will be plenty of opportunity for advocates to attract new business.
London Lux: DasCoin cover feature with Michael Mathias
We were delighted to see DasCoin CEO Michael Mathias depicted on the front of the April edition of London Lux. Inside this month’s magazine, readers can discover all about the journey of cryptocurrency so far and the position of strength that DasCoin holds at the heart of a vibrant ecosystem. “The coin that is positioned best to go mainstream is DasCoin,” is one conclusion from the London Lux feature.
Operation Google: Let’s stop malpractice online
We are aware that some people are using a technique which involves writing content which appears to offer a negative spin on DasCoin and NetLeaders, only to then steer the reader towards buying a NetLeaders License. The reputational harm this can do to our product is considerable and we will be taking definitive action soon to stop it happening. If you are aware of anyone behaving in this manner please notify [email protected]
Saving the best to last: London tickets go online
If you haven’t heard yet, now is the time to secure your tickets for the massive event in London at which DasCoin is set to hit public exchanges on April 27. With a bonus NetLeaders conference the following day, and world-class venues The O2 and Battersea Evolution already booked, it really will be an unmissable occasion. Head to our dedicated event page now where you can find a range of ticketing options. We look forward to seeing you in London at the end of the month.