Your identity will be verified.
Your NetLeaders License is your entry point to the DasNet platform.
Your identity will be verified.
You will receive a license certificate and will establish the keys to a WebWallet that will provide you access to DasNet.
You will receive Cycles as units of network capacity on DasNet.
Cycles are units of stored capacity within the DasNet system.
They can be directly exchanged for network services on DasNet (such as encrypted data storage or smart contracts).
Cycles are also the essential element used in mintingDasCoin.
The charts below show two different value curves for a network.
This chart displays the value of a network to a user based on the number of other users in the network. Essentially, the network grows in value as more users join the network.
The second chart shows the upside potential to a participant in a network, meaning someone who is able to share in the benefits of the network.
DasNet enables licensed members to transform units of stored network capacity (i.e., Cycles) into convertible units of stored value (i.e., DasCoins). In the early stage of a network, when there are fewer users, there is greater upside potential for a participant. As the number of users increases, the potential upside starts to decline, since the risk is reduced and much of the value becomes realized. Consequently, based on these charts, it is likely that in the early stage of DasNet, more licensees will decide to use their Cycles to acquire stored value, and in the later stages, more licensees will decide to use their Cycles for network services.
Minting is the process of producing new DasCoins.
Only 8.5 billion units of DasCoin (2 33 to be exact: 8 589 934 592) will ever be minted.
The minting process begins with the submission of Cycles to the DasNet system. Rather than using the Cycles for network services, the holders of these Cycles choose to submit them to DasNet so that they can be converted to DasCoins. The system accepts Cycles and then uses them to produce DasCoins: essentially, the DasNet platform’s minting process to converts stored network capacity into stored value.
Cycles are submitted from inside the WebWallet. Upon submission, the Cycles enter the minting queue, and are placed behind all previously submitted Cycles where they await further processing.
Every 10 minutes, the system’s master nodes remove a certain number of Cycles from the system and produce a certain number of DasCoins as the reward for the collected Cycles, with the exact proportion of this conversion depending on the Frequency.
These newly minted DasCoins are deposited directly into the WebWallet vault owned by the person who submitted the Cycles.
Frequency is the conversion factor used in the minting process of Cycles to DasCoins. As the DasNet expands, a number of positive dynamics occur: risk is reduced, the circle of users widens and the infrastructure of the system grows larger. Consequently, the value of a unit of stored value (DasCoin) in the system increases in relation to a unit of stored network capacity (Cycle). This results in more Cycles being needed to produce a unit of DasCoin. This dynamic is reflected in an increase in the Frequency, which is commensurate with the incremental growth of the network.
An Upgrade is the doubling of all available Cycles (meaning, all Cycles not currently in the minting queue). An Upgrade is a factor that represents the increased efficiency of DasNet’s technology over time due to technological advances and Moore’s Law dynamics. An Upgrade is currently scheduled to occur within the system every 108 days
There are three parts to the compensation plan for Advocates
Paid on all direct sales of NetLeaders licenses.
Total of 10% = 6% commission paid to Cash Account + 4% incentive deposited to Reserve Account.
Paid on weak leg volume in binary matrix.
Qualification: At least €500 Direct Sales on Left and €500 in Direct Sales on Right.
Total of 10% = 6% commission paid to Cash Account + 4% incentive deposited to Reserve Account
Paid on up to 5 Enrollment Levels of Network Bonuses.
Qualification: At least €500 Direct Sales on Left and €500 in Direct Sales on Right + Qualifying Title.
Qualifying Titles: See Table Below