Wow! That is an impressive list of speakers. I did notice that there is not a lot of speakers representing the cryptocurrency/blockchain industry, and no one from a specific currency besides yourself. What an incredible opportunity for DNotes to shine! 

The best guidance I can give at this time is the week of September 25, 2017. Once the date is fixed, we will announce it here. I am very anxious and excited. DNotes 2.0 is truly designed for everyone irrespective of technical knowledge or financial standing. It is for the corporate world and all consumers. That has always been our vision and it will continue to be reflected in everything we do.

Got it, thank you!

Regarding DNotes Vault and the Transition to DNotes2.0

At the moment, DNotes Vault contains 18.34% of the current circulating supply of DNotes, based on figures from CoinMarketCap.com. I'm not certain what is excluded by the term 'circulating'. But I think the matching funds held in cold storage would still be considered 'circulating' for their figures. There is just over 100% being held by DNotes Global Inc as security for our DNotes deposits.

This should mean that 36.68% of DNotes are already in the DNotes Vault system, leaving 63.32% of all DNotes waiting to be moved through DNotes Vault in exchange for DNotes2.0 coins.

Because I believe that each value of DNotes will be matched and replaced by DNotes2.0, I'm assuming that the DNotes in cold storage being used to guarantee funds will have matching DNotes2.0 values guaranteeing the new DNotes2.0 funds when they are converted in DNotes Vault.

What I'm curious about is how DNotes Global Inc intends to manage the large influx from the 63.32% of 'wild' DNotes that will require processing. Will they also be matched with cold stored DNotes2.0 during the upgrade process?

Tim, we will comeback with more accurate numbers. Your message is loud and clear. There will come a time when it is not possible to guarantee all deposits at the DNotesVault with one-to-one matching fund. Long-term we plan to have insurance coverage. During the coin swap period we will post the maximum number of DNotes pledged for the guarantee fund.

Another busy day for me. I'll checking back tomorrow.

Friends! Support your NOTE...

https://bt.irlbtc.com/view/1948108.msg21058883#msg21058883

I wanted to say something about success in crypto but, I ran across a recent post by "wiser" in the Devcoin forum that says everything. Devcoin supporters are working on reviving the project and soliciting ideas and advice. One of the most on point and generally well thought out posts is reproduced below. These observations could well be a blueprint to success and match well with the DNotes philosophy:

Posted in Devcoin by "wiser"

"I thought I'd chime in with a few points. Back when I got started writing for the Devtome, Devcoin was one of just a handful of cryptocoins on the scene, meaning it didn't have much competition. Now there are over 500 cryptocoins in existence, some of which are so fundamentally solid and profitable that they are attracting the interest of venture capitalists and hedge fund managers. This means we can learn even more from the successful coins and honestly stack up Devcoin against them to see what would need to be changed in order to be competitive.

The following are a few observations I have about what it takes to make a successful cryptocurrency in today's industry:

1. More and more, it is important for a new coin project to be more than just a coin. It must be a complete ecosystem. This often means multiple tokens and interlocking systems. Some good examples are the emerging VIVA project (vivaco.in), Steemit (with its Steem, Steem Power and Steem Dollars tokens), Ethereum and NEM with their block chains capable of supporting other tokens.

2. There has to be genuine value supporting the coin. This means infrastructure that makes the coin easier to use or adds value to it in some way. Bitcoin has a lot of that (example, various trading platforms, Coinbase, payment processors, websites which sell quality products and accept Bitcoin payments) which has been added on by third parties. However a new altcoin needs to have some of that value added right from the beginning by the development team itself. Some other good examples of coins with value added infrastructure include DNotes and Steemit.

3. There has to be a development team. It can't be a one man show. The bigger and better organized the team, the better chance the coin has. A development team that runs the enterprise like a genuine business is even better. This means it can't all be about coding, though that is important. There have to be others on the team who handle the outreach and marketing and who tell the coders the features needed to make the coin user friendly for non coders (which is most of the people you hope will adopt your coin).

4. A coin needs a built in incentive to tie up the supply and keep it off the market. This means that it is in people's self interest to hold onto the coin for the long haul. Idealism or faith in the coin is not enough. If I am going to hold your coin there has to be something in it for me both now and in the future. The simplest way to do this is to offer some kind of interest equivalent whereby my holding onto the coin earns me a rate of return in the form of new coins or some other token. DNotes has the DNotes vault which pays monthly "interest" to all who hold coins in it for set amounts of time (the penalty for early withdrawal being that you lose the earned interest). Diamond Coin has a cloud mining operation where people earn Diamonds based on how much Bitcoin they have donated to the operation. Any Proof of Stake coin already incentivizes people to hold the coin and run the wallet.

I have always believed that Devcoin's biggest weakness as it works right now is that it incentivizes earning and dumping, not holding. Then to add insult to injury when it became known or suspected that people earning Devcoins were dumping them, they were often harshly repudiated here (not called out by name or anything but it was clear that those who dumped were considered to be bad for the coin,). In order to hold onto Devcoins you had to be altruistic towards it and basically take the hit from others dumping, and that is just not going to be sustainable because most of us plain aren't altruistic like that. This is probably the most important change Devcoin needs to make. The coin needs to be coded in to incentivize holding rather than dumping.

Related to this, it must be assumed that people will game the system if it is beneficial to them to do so. You need to engineer your system in such a way that there is no benefit to attempting to gain the system and that using the system in the way you intend is what gives the greatest benefit to the end user. That can be very challenging to accomplish but I believe it is possible and the successful (and not so successful) coins now out there have a lot to teach us about what kind of things need to be written into the code. The code should also be flexible enough that when you find a loophole you don't want, you can fix it with an update or fork.

5. The development team needs to have a good reason to create buy support for the coin on the open market. Again, altruism is not enough. In the case of Diamond coin, the developers need to buy Diamond in order to pay the weekly payouts from the cloud mining operation. If the developers aren't buying the coin, then others need to do so for reasons of self interest. With the exception of the speculators who are there to profit from trading itself, the reason that anyone else would buy the coin has to be because they need the coin. You need the coin in order to gain the benefit from accumulating and holding it, or you need it to pay someone with it, or you need it to buy something with it. An altruistic desire to prop up the coin's value is not enough and won't be sustainable long term.

6. The coin needs to be attractive to speculators. Speculators are important because they provide liquidity for everyone else, meaning others can easily buy or sell the coin at a consistent value (not too much difference between top buy and sell requests). So whatever it is that makes speculators go "wow, I want to speculate on this coin!" is what your coin needs to have so that everyone else can have the needed liquidity to get into and out of the coin at will.

7. The coin needs to have a solid community of people who are there because being part of this community will better their financial lives in some way. They should believe in the coin but that belief should stem from solid fundamentals and the perception that this coin will do good things for their bottom line. In order to nurture this community it is very important to have basic courtesy and professionalism wherever that community gathers. That community needs to be growing.

There are probably a couple more points that I have missed, but what I have shared is a good starting point. How does Devcoin do on each of these fundamentals? How could it be changed or forked to excel in those fundamentals which are weak now? The honest discussion around these points could become the basis for a solid plan for how to update Devcoin to now be competitive in today's industry."

Welcome to the DNotes forum finist4x, and thank you for providing the link.

I think, in the end, it all boils down to a few things like ability, honesty, truthfulness, hard work and an idea that sets the project apart and fills a void that others haven't. With sound business processes and skilled leaders, the project should prosper. DNotes has always had these, ergo, prosperity.

Thank you RJF for posting “wiser’s” blueprint proposal for Devcoin revival. Wiser is a great writer and I always enjoy her writing. She certainly knows DNotes quite well and I appreciate her kind words for DNotes.  

DNotes is one of the oldest coins in our industry. It was first launched on February 18, 2014 when there were only a few hundred coins. And now there are thousands – tens of thousands if you include assets coins. I am predicting that there will be hundreds of thousands worldwide oneday including “asset coins” Many will just come and go.

As mentioned many times in the past, DNotes is different in many aspects. As more time has gone by its uniqueness will standout more. We are still the undiscovered “rough diamond” but slowly being discovered. To me it is most rewarding to see our industry slowly recognizing some of the key elements to success that DNotes has been preaching from day one. We are a purposeful coin – so we like that. We want the best for our industry. There are massive opportunities for everyone. Therefore, it pays to collaborate and be respectful of others.