want to start by thanking everyone in the community who has been active
and engaging since we announced the project. Response has been
overwhelmingly positive and the entire dock.io team is very
With that said we are happy to announce the DOCK token sale!
Token sale date: February 21st
Whitelist date: opens Feb 8th (KYC required)
Token Sale Summary
The DOCK token fuels the dock.io protocol ecosystem. For more specifics on how the token works, please read our Whitepaper.
Token Raise, Supply and Distribution
Hard Cap: $20 M USD (includes the private pre-sale and public sale). Pegged to USD.
Token Price: $0.067
Total Supply: 1 Billion tokens
30>#/strong### (300M) sold to the public through a private and public sale30>#/strong### (300M) incentivize partnerships and ecosystem growth20>#/strong### (200M) team members, which will be subject to 2 year vesting for long-term growth10>#/strong### (100M) retained for future use and locked for 2 years to ensure we manage the project efficiently6>#/strong### (60M) for equity investors in the project4>#/strong### (40M) our incredibly helpful advisors, who also vest with team members over 2 years to show long-term commitment to the project
the public sale will have an individual max cap on participation, which
allows more people to be involved. The cap amount will be set after we
complete KYC on participants.
had a private presale which allowed us to bring in strong institutional
investors who have been directly involved in some of the most
successful crypto projects to date. Minimum investment was $200k, and
all presale investors received the same terms: 40% bonus, and 50% of all
tokens locked for a 4 month period. Only value add investors were
selected to participate and demand was very high.
Coinvest continues to rapidly grow, we’re excited to announce and
welcome new team members to the Coinvest family. Coming from diverse
backgrounds and multiple disciplines, these talented individuals bring
their passion and expertise to the company, helping to grow and realize
Mike Pretti, Full Stack Software Developer
Pretti has been programming and developing for over 20 years. His began
in the field learning how to peek and poke a Commodore Vic 20. This
eventually led to a Bachelor of Mathematics while studying at the
University of Waterloo. It was at that point he launched his
professional career as a Software Developer working for companies such
as IBM, Credit 1, QuoteMedia, and most recently Shopify.
Always fascinated with patterns, numbers and games naturally caused him
to explore how to play in the equity markets. Mike owned and operated a
proprietary trading firm that used a mix of fully automated and hybrid
algorithmic trading systems to take advantage of opportunities upon the
introduction of decimalization, dark pools and ECNs into the equity
is now excited to help create a decentralized exchange, making it
easier for the masses to take advantage of the cryptocurrency market.
Keeping him equally busy and happy are his two children, spending time
at the cottage, preferably with a good non-fiction and a dusty scotch.
Rachel Novosad, Communications Manager
Novosad is a PR and marketing professional joining Coinvest to drive
the creation and execution of its overall communications strategy.
Originally hailing from the east coast, Rachel studied Public Relations
and Psychology at Penn State University. Rachel’s expertise comes from
her experience across various fast-paced industries — working for
technology and entertainment companies such as Hulu, Adobe and Discovery Communications, numerous up-and-coming startups and brands, and owning her own PR firm, Rebel Coast Media.
Rachel is excited to join the rapidly evolving Coinvest team, bringing
her passion for developing brands and connecting companies to their
audience through creative marketing campaigns, media relations, social
media growth, compelling content, events and more.
from her professional interests, Rachel loves to travel and spends her
winters trading the beaches of sunny southern California for chasing
powder in the mountains.
Varija Yelagalawadi, Operations Manager
Yelagalawadi is a project and operations manager joining Coinvest with
experience across various industries. Her deep love for process was
first piqued in university, where she pursued a degree in Public
Relations. She discovered a penchant for operations in the early days of
her career and continued to expand her interests by taking on roles in
account management and community relations. These led her to a role at Adobe,
working as a community manager within the IT organization. Over the
course of four years, Varija worked in varying capacities across Adobe — most
recently in a project management position on an experience strategy
team. This role launched her excitement for crafting a seamless, agile
experience for customers and employees. She brings this excitement to
Coinvest and is thrilled to join and support the team.
she steps away from work, Varija finds herself in San Diego, taking in
lots of sunshine and hunting down the perfect pastry shop.
week, Bitmain announced the Antminer A3, an ASIC miner for Siacoin.
Though described as a “Blake2b” miner, the A3 was designed to mine only
Siacoin. A3 miners are currently being delivered to customers across the
world, and the Sia network just passed 1.4 PH/s in hashrate.
Much has happened in the last 7 days, including an open letter from many long-term Sia community members advocating for a fork. Contributor Michael Lynch put together a helpful timeline of the week’s events.
ASICs and increased hashrate are good for the Sia network. We previously wrote a blog post detailing the benefits of ASICs.
In short, ASIC mining means that Sia is protected from 51%
attacks — even if mining is relatively centralized among a small number
of pools and manufacturers.
Bitmain announced Sia miners without warning, we were naturally
concerned. Bitmain has a strong track record in Bitcoin of actively
working to undermine core development, blocking important network
upgrades (Segwit), backing contentious forks (Bitcoin Cash), building in
backdoors (Antbleed), and much more. We consider Bitmain a bad actor in
the cryptocurrency space.
the same time, we recognize that we have a conflict of interest. Our
own Obelisk SC1 is now competing directly with Bitmain’s A3. Though we
have the ability to release a version of Sia that invalidates the A3s
via a soft-fork, we believe that doing so before Bitmain has attacked our network would be a centralized, monopolistic move, rather than a proactive, protective measure.
Therefore, we will not be supporting a soft-fork at this time.
Over the last few months, we have thought a lot about our values. We codified three key truths that represent Sia:
Doing it right matters.
We don’t cut corners. We are focused and realistic, thoughtful and
deliberate. The decisions we make and the code we write are
foundational — they must be solid because they must stand the test of
time. Every choice is a choice we’ll live with for the long run.We’re building an empowered community.
We believe in the power of many. We cannot do this alone. Success
requires active participants who contribute and create value. We share a
common set of beliefs — an ethos of fairness and decentralization.The internet is for everyone.
The concentration of power among a few internet players isn’t good for
the world. We’re returning sovereignty to individuals. Our distributed,
decentralized storage is stronger, more secure, more efficient, and more
equitable for all. The internet was not meant to be controlled by a
few — it belongs to everyone.
At this point in time, choosing to fork would mean compromising on our values as a company and a community, even though Bitmain poses a serious threat to the Sia network.
what can we do to make sure Bitmain behaves? First, forking is still an
option if Bitmain openly attacks the Sia network, or actively resists
important software updates. The community can still decide to invalidate
all Bitmain hardware if we are attacked. If Bitmain takes any action to harm the Sia project, we will soft-fork to invalidate their hardware.
Second, we will encourage A3 buyers to join friendly pools like Luxor and SiaMining.
we will encourage as many ASIC producers as possible — including
Obelisk — to develop miners for Siacoin in order to foster a robust,
competitive ecosystem with many options for customers.
And fourth, we will lead an effort to build decentralized mining pools, and put resources into new research like microchains that treat mining as a hired service, rather than as a reward.
understand that this decision may disappoint those who signed the open
letter, as well as many other community members. And it may also
disappoint Obelisk buyers, who were hoping to have no competition from
other ASIC hardware.
it’s important that we stay true to our values and build Sia into the
world’s best decentralized storage network, with petabytes and then
exabytes of stored data. We are trying to do more than build a
company — we are trying to build a new internet protocol. We are trying
to build a storage layer for the internet. And we therefore cannot
afford to damage our reputation and split the community when we are this
2018, we will take key steps to bring Sia into the spotlight, including
launching a new website, overhauling the brand, fundraising, and
locking in enterprise partnerships. We hope that these actions will
increase Siacoin’s value so that all miners, including Bitmain and
Obelisk buyers, will receive highly profitable hardware.
And we welcome all new Bitmain customers as Sia community members.
XTC Unicorn Fund Makes Strategic Investment in Emercoin Blockchain: Support Adds Momentum to Ground-Breaking New Technology
ACTAI Global community, which includes entrepreneurs from around the world and co-manages Blockchain Summit on Sir Richard Branson’s Necker Island with Bitfury.
Emercoin is a cryptocurrency and decentralized blockchain platform for a wide range of distributed trusted services. Distinctive features of Emercoin are high reliability, robustness and three-in-one hybrid mining (PoW+MergedMining+PoS). The Emercoin platform already runs network security services EmerSSL/EmerSSH, decentralized domain system EmerDNS, counterfeit solution EmerDPO, VOIP solution ENUMER, to name a few.