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Posts made by josephdenne
RE: Will I be able to use my credit card/USD to purchase Dadi tokens?
I'm afraid not. ETH only.
How does DADI handle tenant isolation?
We prevent data leakage and disruption with role-based access control (RBAC), encryption on the VMs, multi-factor authentication and E2E encryption. Effectively, each tenant (Host) within the network is within it’s own isolated container with it’s own policies, protected against intrusion on the Host hardware and encrypted across the network. Inbound and outbound queries to the host can only come from an authenticated request, and the results are regularly spot checked by peer Hosts.
Hosts are also limited to running a single app, replicated as required across the Gateway VPC, with no preference by the Host admin as to which application their system is in support of.
There’s no way to circumvent authenticated connections to apps running on the Hosts.
Robert Belgrave joins DADI
Robert offers lengthy industry experience in cloud services — he was part of the founding team at Wirehive and instrumental to its success in the five years since. He is also chair of BIMA South, co-creator of the Alexa Stop! podcast and founder of Omnitude, an ecommerce ecosystem built on the blockchain.
Read more on Medium.
There is no minimum for participation in the Presale: it is open to everyone on a first come first serve basis. However we will almost certainly be setting a cap per investment during this phase in order to give individuals a fair chance of participating at the lower rate.
Yes, residents of the United States allowed to participate. DADI is a utility token, not a security.
Can I purchase DADI using an exchange such as Coinbase?
Purchasing tokens from exchanges directly is not possible. This Is because the exchanges provide no method for claiming your tokens after purchase.
You can read about this in a FAQ from Coinbase here.
Why are you using an ICO to fund the development of DADI rather than "real" money?
We are interested in disrupting the status quo, and are doing this in our sector by building a network that is powered by the laptops and mobile phones of tens of thousands of people as opposed to one that we construct and own outright (like Google and others have done).
Because of this we want an ownership model that reflects the overall setup of the platform, which is why we are running a crowdsale rather than taking money from venture capital firms (a door that has always been open to us).
Token holders and those who contribute capacity will earn money from platform use, with the vast majority of all revenue being distributed in this way.
Are nodes performance tested before they are accepted on to the network?
Yes, all nodes - Stargates, Gateways and Hosts - are performance tested before they are accepted on to the network. The testing solution factors available resource, including bandwidth and latency.
The platform is location aware, both geographically and topologically. Hosts connect to local Gateways and Gateways to local Stargates, meaning that tests reflect local network conditions.
Testing happens over a period of time (short for Hosts, longer for Gateways and longer still for Stargates). Once a system is accepted onto the network there is an on ramp, a period during which requests are slowly increased (avoiding the risks associated with a flood of requests).
What are your plans for being listed on exchanges?
We have terms for the top 70+ exchanges and are actively working through our exchange roadmap, with open discussions with a number of exchanges. Listing will be managed inline with the roll out of the network.
What percentage of the market do you think you can capture?
The worldwide web services market is growing at 18% year on year and as of 2017 is a $250 billion market.
DADI’s directly addressable market years one to five is in PaaS and SaaS, giving it access to a market valued in excess of 100 billion by 2022. Looking further down the line, the services within the platform will broaden out to encompass the entire web services market.
Our pessimistic projections are on the basis of capturing 0.5% of this market over five years.
Our optimistic projections are on the basis of capturing 4% over five years.
Okay I have to know - how is the brand pronounced?
Daddy! Or if that's too weird for you, as an acronym: D.A.D.I. Decentralised Architecture for a Democratic Internet 🤘
Why would a customer choose DADI over AWS?
There are three key reasons why a customer would choose DADI over AWS:
DADI is already faster to develop on and faster to deploy to than just about any other platform. It will be faster in delivery as well: the distributed nature of the network gets content closer to customers than is possible in traditional, centralized setups.
DADI firmly believes that user experience is key to the success of technology. Design is – and has always been – as important to DADI as the technology itself.
DADI is designed to be accessible, simple and easy-to-use. The concepts may be complex, but the interfaces are not. The trick is to tame the complexity and deliver it simply. Because if people can do something effortlessly, they will.
Many comparable services fail in this regard. Amazon Web Services, DigitalOcean, Linode and Heroku often overwhelm with the number of configurations and options. It is important to DADI that people of all skill levels can use the technology effectively – from individual developers to enterprise system admins – and not feel as though they are picking at the internet with a pin.
DADI is an order of magnitude cheaper than AWS. Becuase we have very limited capital expenditure - we're not building data centres! - and because we're not driven by returning profit to a central business (instead distributing revenue throug the DAO), we can compete heavilly on price.
Typical cost savings will be 90% vs. Amazon AWS, when the full network comes online.
Tell me about velocity in the DADI platform
A white paper on the economics of the platform is in the works which will cover velocity in detail. However there are several mechanisms built in to the platform to help manage velocity.
For example one of the key aspects of the network is the requirement for a proof of stake in order to be able to run a network node (Stargate, Gateway or Host).
There's also a per request token burn and a profit share for token holders. Finally the DAO will include a voting mechanism, giving token holders a hand in the furture direction of the platform.
So while the potential for high velocity exists (because of the use of DADI tokens for the purchase of services), we believe that it will kept in check by the counter balances designed into the system.
Tell me about the background of the team
The DADI team brings experience from many sectors, including retail, broadcast, banking, publishing and education. The common thread is that all of our experience is digital+technical.
You can read individual bios here: https://dadi.cloud/en/team
At their previous business, Airlock, the founders built and ran Symphony CMS, which included a "traditional" cloud based deployment that ran for hundreds of businesses. The platform hosted the BBC's Olympic coverage for their social channels, MTV, Virgin Media, Nokia, P&G, Teenage Cancer Trust, Heineken and many, many more.
So there's a lot of infrastructure experience in the team, headed up by our technical directors (Francesco and Jim), and bolstered by some key partnerships (which we'll be announcing in the coming weeks).
Of course part of the rational for the raise is to allow us to build out the team, hiring in the right people from relevant target sectors. We want to disrupt, so we need to mix experience from a spectrum of sectors to build a product that challenges the status quo.
How does DADI help with regulations that are being applied towards Net Neutrality?
In the whitepaper you mention Net Neutrality. How does DADI help with regulations that are being applied towards Net Neutrality? I would think ISPs would apply whatever regulations they have based on the domain name. Even if we have a decentralized architecture wouldn't the same regulations still apply?
We have plans to engage with lobbying efforts in our primary markets through various channels in support of the ongoing battle over net neutrality.
We're also working on some technical approaches that should help.
For example what if we could automatically rewrite secondary requests to the IP of a network node within the same ISP as you? Or what if we used the Ecosystem fund to build relationships with ISPs to place Stargates within their networks?
There's no single magic bullet for this, but we're committed to the fight and will do whatever we can to preserve the founding principles of the Internet.
Why is the Public sale cap $25m?
Our total raise from the Crowdsale is $27.5m (USD). We've distributed the raise between a Pre sale and Public sale. The Pre sale is capped at $2.5m, intentionally low in order to provide a high incentive for early registration and participation.
This leaves the Public sale with a hard cap of $25m.
The total raise is the figure we need to take the network to market with a depth of service, breadth of reach and pace of development to match our ambition. It is a figure that will enable us to capture a significant portion of the market, and that will pay serious dividends to token holders.
What is the price of the DADI token?
The price of the DADI token has been set in USD by dividing the available tokens with the hard cap for each stage of the Crowdsale.
The price of the DADI token has been set at $0.4 USD for the Presale. The Presale is capped at $4 million USD.
This represents a 20% discount on the Public sale price.
The price of the DADI token has been set at $0.50 USD for the Public sale. The Public sale is capped at $25 million USD.
Exchange rates will be set dynamically throughout the sale periods, updated hourly using CoinMarketCap's API