Dexnet Review
Dexnet
dexnet.one
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Their Official site text:
WHITE PAPER DEXNET version 2.0 november 2023
CONTENT
Introduction
Competitive advantage
The paradox of modernity
Internet problems
History of creation DEXNET
DEX Node
Advantages DEXNET
Mission DEXNET
Ecosystem DEXNET
Business model DEXNET
Tokenomics DEXNET
Token staking DEXNET
Ipfs 2.0 hardware implementation of the protocol
Integration stages DEXNET
Services DEXNET
Token smart-contract DEXNET
Current state DEXNET
Road map
Disclaimer
Cautionary Note Regarding Forward-Looking Statements
Risk factors
Conclusions
INTRODUCTION
WHITEPAPER DEXNET — information document about the DEXNET company, its token of the
same name and innovative development - DEX Node device — a hardware and software complex
that combines: a microserver, storage, router, access key to the decentralized Internet.
WHITEPAPER contains technical data, a complete description and justification of tokenomics
with tables, formulas, calculations; company development plan for the near future.
The production and distribution of DEX Node devices is carried out by
DEXNET INFORMATION TECHNOLOGY CO
(patronage is carried out by Sheikh Majid Rashid Al Mualla):
Register № 993835
Address: 1008 Conrad Business Tower, Sheikh Zayed Road – Dubai, UAE
LITEPAPER DEXNET - shortened and lightweight version of WHITEPAPER DEXNET, the
publication of which is expected in the near future.
COMPETITIVE ADVANTAGE
Company DEXNET committed technological breakthrough in the areas:
1) decentralization, storing, transmitting and processing data without dedicated
servers;
2) creating a decentralized Internet using a combination of public and
proprietary communication channels;
3) creating a platform for developers of decentralized services.
Innovative DEX Node combines not only an autonomous network node, a household Wi-Fi router
and file storage, but also allows each of its owners to receive daily rewards in DEXNET tokens
for supporting and ensuring the smooth operation of the DEXNET network.
Our main competitive advantage is that in this field of inventionWe— the first in the world and
several years ahead of our possible competitors!
THE PARADOX OF MODERNITY
The world is moving towards decentralization. The paradox of modernity is that until now
decentralized services and their derivative products: blockchain, torrent, DEX exchanges,
etc.use public centralized internet!
This circumstance at a basic level, deprives such developments of their original meaning
-long-awaited decentralization.
After 5 years of development and testing, trial and error, we found a way to solve this problem and
the problems outlined below.
PROBLEMS INTERNET
The Internet is an environment for connecting personal computers, smartphones, servers and IoT
devices(physical objects connected to the Internet and exchanging data, (English Internet of Things,IoT) into a
global information and communication network for storing and transmitting information. The
public Internet exists thanks to the combination of data centers and providers, which represent a
centralized platform that has physical and legal vulnerability.
Supporters of the decentralized network highlight3 main problems of the modern Internet:
1) openness and accessibility;
2) censorship and privacy;
3) archiving information.
ABOUT OPENNESS AND ACCESSIBILITY
Internet centralization creates a certain framework for people, deprives or restricts their freedom.
For example, if you use Apple's iCloud to store photos, you won't be able to give access to it to a
Microsoft OneDrive account user. These storages do not “contact” each other.
By placing private information in cloud storage, you cannot guarantee that no one except you will
gain access to your information.
By placing information in a centralized cloud, you agree that you are transferring it to the
corporation that owns the cloud.
ABOUT CENSORSHIP AND PRIVACY
Centralized web services make it easy for companies to track your internet usage. Owners of social
networks often make money by selling users’ personal data, their interests, and the circumstances
of their lives. Fitness trackers and health monitoring apps store a large amount of personal and
even intimate information about users. We create accounts on social networks and freely provide
them with our personal information by agreeing to the terms of use.
ABOUT ARCHIVING INFORMATION
The modern network is ephemeral: information changes, websites are born and cease to exist.
Very little data is retained and archived. Vinton Cerf— American computer scientist, often called the
"Father of the Internet" called this time the “Dark Digital Ages.” When historians of future generations
study this period, there will no longer be a huge amount of material on the Internet -records will
not be saved.
A good example of such a loss is that of Yahoo. She first created the GeoCities website,then I
deleted it.Millions of user pages with their stories are irretrievably lost.
Technologies are being developed to create a decentralized network, which you may already be
familiar with. One of the key technologies supporting a decentralized network is a peer-to-peer
network - P2P. BitTorrent was created using this technology.
In P2P networks, information is distributed among thousands or millions of computers instead of
being stored on a single server. Since the contents of the files of websites distributed and
decentralized, it is more difficult to shut down a site or delete a file,unless you own it.
This means that information uploaded to decentralized networks can be stored, creating archives
of old information. Technologies such as cryptographic security and blockchain provide a level of
security that makes activity on these networks difficult to track, making them highly reliable.
Together, these technologies can protect the privacy of Internet users.
HISTORY OF CREATIONDEXNET
ABOUT COMMANDS
The development team led by Alexey Kedo began working together in 2017.
Now the team has more than 20 IT specialists from Canada, Turkey, Spain, Ukraine, Germany,
England, and Australia.
The staff includes specialists with levels ranging from Middle + to Senior and Lead, all with
specialized higher education or related education. In addition to developers, the team includes
business and system analysts, interface designers, developers, devops, and testers.
ABOUT THE IDEA
Initially, in 2017, the team was tasked with developing a cloud storage system consisting of
thousands of custom microservers operating without a central coordinating server. Such
decentralization could provide the highest level of security, making physical and legal influence on
data centers impossible.
The technology of encryption and segmentation of the encrypted container allows you to make the
Internet confidential: access to private information will be available only to the owner who
uploaded this information to the cloud.
However, with a classic server architecture, network nodes (nodes) can only be controlled by a
central server. And this reduces decentralization to nothing. For a long time this problem
remained unsolved.
ABOUT THE IMPLEMENTATION OF AN IDEA
In 2022, everything changed with the advent of the ability to connect nodes to a closed satellite
system Swarm from SpaceX. Now, thanks to satellites, data about open ports and assigned IP
addresses is transmitted between nodes in a fraction of a second, bypassing the public Internet.
Connection DEXNET to satellites made it possible not only to exchange data between nodes, but
also to transfer encryption keys and other service information, even if the node is not connected to
the Internet.
SpaceX created an alternative satellite communication channel with widespread coverage.
Thus, it became possible to create something that one could only dream of - a decentralized
Internet.
DEX NODE
DEX Node — this is a physical device: a node, a node, a microserver with a large SSD, which has 4
alternative communication channels.
By uniting with each other using the P2P principle, nodes form a distributed, decentralized
environment on the basis of which DEX services are deployed.
Each node uses a high-performance multi-threaded processor, 2Tb SSD memory, GSM, Swarm and
its own independent wireless channel module— DEX WAN.
DEX Node has 4 alternative communication channel:
1. Own high frequency terrestrial channel
This is an autonomous communication channel at a frequency of 915 MHz, thanks to which DEX
Node’s devices detect each other within a radius of up to 5.5 km.By connecting with each other
like a honeycomb, DEX Node’s form a stable, secure communication channel and overlap each
other with a terrestrial radio signal.
2. Low Earth orbit satellite channel
This channel is provided by direct connection of DEX Node's devices via a compact 25 cm antenna
to the nearest low-orbit satellite of the system Swarm (from SpaceX) for two-way data exchange.
Satellites SpaceX form a stable connection with DEX Node’s, covering the planet 100%.
3. GSM
Based on DEXNET technology decentralized mobile operator DEX Mobil has been deployed.Each
DEX Node is equipped with a GSM module and a direct connection to the DEXNET network.
4.Public Internet
In parallel, DEX Node’s use the traditional Internet to transmit large-volume encrypted data
packets.
TECHNICAL SPECIFICATIONS DEX NODE
· CPU: 4-core Rockchip RK3566
· RAM: 4 GB
· SSD: 2 TB
· Ethernet: RJ45, Wi-Fi
· GSM: with e-sim DEX Mobile
· Satellite system: SWARM from SpaceX (optional)
· Dex Wan: own high-frequency terrestrial channel 915 MHz, 5.5 km
Attention! The manufacturer reserves the right to change the technical parameters of
devices without prior notice.
DEX Rate (DR) — coefficient computing power of DEX Node. Used when calculating remuneration
to the node holder.The base DR is 1.
DEX Rate (DR) depends on:
1) continuous operation time in online networks(uptime);
2) the bandwidth of the node owner’s Internet channel;
3) quality of communication signal with a satellite or base station;
4) SSD disk capacity.
The volume of DEXNET tokens obtained during the operation of the DEX Node is multiplied by this
coefficient. The total amount of DEXNET tokens is credited to the node holder’s wallet.
MINIMUM REQUIREMENTS FOR THE BANDWIDTH OF A NODE'S INTERNET CONNECTION
Up: 0,10 Mbps
Dw: 0.30Mbps
OPTIMAL REQUIREMENTS FOR THE BANDWIDTH OF A NODE'S INTERNET CONNECTION
Up: 5 Mbps and above
Dw: 15 Mbps and above
DEX Rate parameter range: from 0.00001 to 1.
SIZE OF REWARD
For ensuring the smooth operation of DEX Node devices, node owners receive a reward in
DEXNET tokens.
The size of the reward varies and depends on the number of devices simultaneously working in
the network and the issued token blocks according to tokenomics. The total number of active
devices is taken into account.
ADVANTAGES OF DEXNET
DEXNET — is a peer-to-peer decentralized P2P (peer-to-peer) network with its own independent
communication channels DEX Node’s.
Unlike the classical Internet architecture,DEXNET provides access to decentralized services such
as cloud or mobile communications without dedicated servers.
DEXNET solves most centralization problems by complementing the traditional Internet with a
network of physical devices - DEX Node’s, equipped with independent communication channels
and, in the future, their own blockchain.
1.All private information belongs only to its owner.
At the moment when the user decides to upload his private files to DEX Cloud, the files are
encrypted into a container, which is split into fragments. Each fragment is copied and the
copies are distributed to the nodes. At the same time, the system monitors that a certain
number of copies of fragments are always available for assembly and downloading of the
container with the file. If any of the nodes is turned off or communication with it is lost, the
system automatically copies available copies of container fragments to free, more stable
nodes.
2. All data transmitted to the public Internet is encrypted with a key that is
transmitted to the recipient bypassing the public Internet via low-orbit satellites. For
example, a message transmitted in DEX Messenger is encrypted into a container, the
decryption key for which is sent to the subscriber via a satellite network, bypassing the
traditional Internet.
3. A decentralized data center by default has no disadvantages, unlike a traditional
data center:
a) there is no single point of location of the data center, which means that the data center is
physically protected;
b) there is no legal vulnerability, because centralized data centers belong to legal entities
with all the ensuing consequences;
V)distribution of energy load and cooling.Data centers consume megawatts of electricity
and require an impressive number of personnel to maintain both the servers themselves
and the power and cooling communications.
DEXNET MISSION
DEXNET's mission is to make using the Internet safe and private. This is achieved not only by
decentralization, but also by data transmission algorithms via alternative communication
channels.
Every person in the world has an inalienable right to privacy of correspondence,
negotiations and storage of information, not because he has something to hide, but because
other people, having his private information, can use it against this person.
When placing any information in the cloud, or transferring it at their own discretion, everyone has
the right to privacy.
DEXNET creates an alternative to the centralized Internet.
DEXNET ECOSYSTEM
The DEXNET ecosystem is a closed loop based on the principles of mutual support and ensuring
the existence of a platform for various services. For example, the holder of a DEX Node, by
providing it with access to the public Internet and electricity, ensures the operation and existence
of the entire DEXNET technology. For this, the owner of the node gets access to services deployed
in a decentralized network, for example DEX Cloud.
To ensure proper operation of DEX Node, you need
1) sufficient public Internet bandwidth (from 15/5 Mbps);
2) round-the-clock access to the Internet;
3) direct visibility of the sky with the SWARM antenna (optional).
The DEXNET token is exchanged for access to services deployed on the DEXNET network.
Excess tokens can be exchanged on the exchange.
DEXNET DECENTRALIZED SERVICES
DEX Cloud - cloud storage;
DEX Mobile — mobile operator;
DEX Global Trading Platform — stock broker (in the future);
DEX Wallet — crypto-wallet (with the possible release of a Master Card in the future);
DEX Games — gaming blockchain platform (in the future).
All elements of the DEXNET ecosystem use the native DEXNET token as a means of payment.
When paying with DEXNET tokens, the user receives the most favorable conditions and
tariffs.
BUSINESS-MODEL DEXNET
Dexnet Information Technology CO — company is a developer and manufacturer of hardware,
software and devices of its own brand DEXNET.
SALE OF DEX NODE DEVICES
DEX Node devices are sold through distributors companies and directly.
When paying for the device, it is automatically generated device activation promo code. It must be
used to activate the device on the site dexnet.one and indicate delivery addresses.
Owners of DEX Node’s devices that ensure the functioning of the network receive a reward
for this in DEXNET tokens.
Payment for services deployed on a decentralized platform is made in USDT and DEXNET tokens.
When paying with DEXNET tokens, an additional discount is provided for all tariff plans.
TOKENOMICS DEXNET
Each owner of an active DEX Node device receives a reward in DEXNET tokens for ensuring
the functioning of the DEXNET network.
Payment for services deployed on a decentralized platform is made in USDT and DEXNET tokens.
When paying with DEXNET tokens, an additional discount is provided for all tariff plans.
Exchange ticker of the token: DEXNET
Network: BEP-20
Smart contract:
https://bscscan.com/address/0x39dF92f325938c610f4e4a04F7b756145eBe8804#code
The issue is limited and amounts to: 3,000,000,000 tokens.
TERMS AND DEFINITIONS
DEX Rate (DR) — coefficient of accounting for the computing power of DEX Node,on the basis of
which the reward for DEX Node owners is calculated. DR calculated individually for each device.
Total DEX Rate (eng. DEX Rate Total, DRT) - daily allowance indexDEX Rate of all active devices.
Daily Block Course(eng. Daily Block Course, DBC) — calculated base reward at DEX Rate=1, table.
No. 3.
Pool of Awards(eng. Reward Pool, RP) — a regularly replenished pool of tokens, formed by
repurchasing tokens from the market.
RP (Reward Pool) is being consumed to accrue rewards to active devices.The budget for the
repurchase of tokens is formed from proceeds from sales of products and commissions of the
DEXNET ecosystem. Distribution of this pool (constant distribution of tokens) activates on block
25.
AwardActive Device (eng. Active Device Reward, ADR) — tokens credited daily on
address,assigned to the device.
Savings Pool (eng. Cumulative Pool, SP) — a pool of tokens remaining after the 30th day in the
block. Each block is active for no more than 30 days. Tokens remaining in any block after the 30th
day are transferred to the Accumulation Pool (SP).
Market Making Pool (English Market Making Pool,MMP) — a pool of tokens allocated for listing
on exchanges.
Matching Pool (eng. Matching Pool, MP) — a pool of tokens for marketing strategies of
distribution companies.
Promo Pool (eng. Promo Pool, PP) — a pool of tokens for promotions, airdrops, etc.
Table No. 1:DISTRIBUTION OF TOKENS BETWEEN POOLS
NAME PRIVATE
SALE
MMP RP
(for staking)
MP+PP TEAM TOTAL
Token distribution, % 6,67% 13,33% 66,67% 6,67% 6,67% 100,00%
Number of tokens 200 000
000
400 000
000
2 000 000
000
200 000
000
200 000
000
3 000 000
000
Token price, $ 0,01 market market market market market
Round raise, $ 2 000 000 market market market market 2 000 000
Valuation, $ 30 000 000
Unlock on TGE 0 10 000 000 0 0 0 $ 100 000
Cliff, months 36 — — 1 36
Unlocking period,
months
12 — — 12 12
RULES OF DISTRIBUTIONS AND ACCRUALS
Blocks are distributed in the following order:
1. Blocks 1– 48 distributed according to the daily block rate, table. No. 2.
2. Block 49 distributed among all active devices using a coefficient DRT (total DEX Rate),
tab. No. 4.
Daily accrual AwardsActive Device (eng. Active Device Reward, ADR) calculated by the
formula:
ADR = DBC х DR (Daily Block Rate x DEX Rate).
Tokens are accrued to the owner of an active DEX Node at the daily rate of the current block,
indicatorDBC, table No. 2.
Table No. 2:TOKENS IN BLOCKS, REWARDS FOR DEX NODE
BLOCK
NO
TOTAL
TOKENS IN THE
BLOCK
ACCRUAL
FOR NODE PER
MONTH
(at DEX Rate=1),
TOTAL TOKENS
ACCRUAL
FOR NODE PER DAY
(at DEX Rate=1)
DBC, TOKENS
1 30 000 000 30 000 1 000,00000000
2 20 000 000 15 000 500,00000000
3 10 000 000 7 000 233,33333333
4 10 000 000 3 500 116,66666667
5 10 000 000 2 000 66,66666667
6 10 000 000 1 500 50,00000000
7 10 000 000 1 000 33,33333333
8 10 000 000 800 26,66666667
9 10 000 000 600 20,00000000
10 10 000 000 400 13,33333333
11 10 000 000 300 10,00000000
12 10 000 000 200 6,66666667
13 10 000 000 150 5,00000000
14 10 000 000 100 3,33333333
15 10 000 000 90 3,00000000
16 10 000 000 70 2,33333333
17 10 000 000 50 1,66666667
18 10 000 000 40 1,33333333
19 10 000 000 30 1,00000000
20 10 000 000 20 0,66666667
21 10 000 000 15 0,50000000
22 10 000 000 15 0,50000000
23 10 000 000 15 0,50000000
24 20 000 000 10 0,33333333
25 20 000 000
9 0,30000000
26 20 000 000
8 0,26666667
27 20 000 000
7 0,23333333
28 20 000 000
6 0,20000000
29 20 000 000
5 0,16666667
30 20 000 000
4 0,13333333
31 20 000 000
3 0,10000000
32 20 000 000
2 0,06666667
33 20 000 000
2 0,06666667
34 20 000 000
2 0,06666667
35 20 000 000
2 0,06666667
36 20 000 000
2 0,06666667
37 20 000 000
1 0,03333333
38 20 000 000
1 0,03333333
39 20 000 000
1 0,03333333
40 20 000 000
1 0,03333333
41 20 000 000
1 0,03333333
42 20 000 000
1 0,03333333
43 20 000 000
1 0,03333333
44 20 000 000
1 0,03333333
45 20 000 000
1 0,03333333
46 20 000 000
1 0,03333333
47 20 000 000
1 0,03333333
48 20 000 000 1 0,03333333
EXAMPLE No. 1: CALCULATION OF DAILY ACCRUALS FOR ONE DEX NODE
Hopefully:
Active unit 1;
DR = 0,9.
Task:
Calculate the daily accrual for the work of one activeDEX Node.
Move decisions:
1) DBC (Daily Block Course) = 1000 tokens (Table No. 2).
2) DR (DEX Rate) We take the active node from the DEXNET mobile application or on the
websitedexnet.one.
3) The daily accrual is calculated using the formula DBC and DR, it will be: 1000 x 0.9 =
900 (tokens).
Answer:
Daily accrual for the work of one activeDEX Node will be900 tokens.
Note:
If the amount of tokens in a block ends on day 23, then on day 24 the next block is activated andDBC
24 days will be 500. Then daily accrualDBC and DR will be 500 x 0.9 = 450 (tokens).
RULES FOR TRANSITION TO THE NEXT BLOCK
1. Each block is active for no more than 30 days. All tokens remaining after 30 days are
transferred from the current block toSavings Pool (Cumulative Pool, SP).
2. «Block+CP» — total remaining tokens incurrent block and inSavings Pool (CP).
3. If the daily accrual for all active devices exceeds the balance of tokens in "Block+CP",
the transition to the next block occurs ahead of schedule, before the expiration of 30 days.
The number of tokens that are taken fromCP (Cumulative Pool) in a day we calculate using the
formula: CP = DBC х DRT.
Savings Pool(SP) remains active and is replenished up to block 48 inclusiveabout. Next, all
accumulated tokens move to block 49.
EXAMPLE #2: GO TO THE NEXT BLOCK
(Imbalance of tokens in Block+CP» less than the required daily allowance for all active devices)
Hopefully:
In block 4 on day 29 there were 30,000 tokens left;
VCP (Savings Pool) 70,000 tokens after passing 1 blocks–3;
DR (DEX Rate) = 1;
DRT (Total DEX Rate) = 3,000;
course 4th block per day, table. No. 2 = 116.66666666 (3500/30).
Task:
Calculate daily accrual tokens for each active device on day 29 in block 4 with DR=1.
Move decisions:
1)We calculate the number of tokens to be credited to all active devices per day (DBC х DRT):
116.66666667 (tokens, DBC (Daily Block Course, table No. 2)) x 3 000 (DRT) = 349,999.99998
(tokens).
2)B "Block+CP" total: 30,000 (tokens on the 29th day) + 70,000 (tokens after passing 1
blocks–3) = 100,000 (tokens).
And we need 349,999.99998 (tokens) to credit all active devices, which is more than 100,000
(tokens).
3) We calculate what % this is of the required number of tokens to be credited to all active
devices:
100,000 (tokens): 349,999.99998 (tokens for daily accrual) x 100% = 28.57 (% of the required
accrual amount).
4)We charge: 100,000 (tokens): 3000 (DRT) = 33.33333333 (tokens per day for a device
withDR=1)
And move on to the next block.
5) Other tokens 100%− 28.57% = 71.43% we calculate according toDBC (Daily Block Course,
table No. 2) next block 5.
66.66666667 (tokens from table No. 2 (block rate 5 per day)) x 71.43%=47.61999999
(tokens for a device with DEX Rate=1).
6) The total accrual for the 29th day in block 4 for the device (with DEX Rate=1) will be:
33.33333333 (tokens, reward for block 4) + 47.6199999 (tokens, reward for block 5) =
80.95333332 tokens per day.
Answer:
The accrual for 29 days in block 4 for each active device with DEX Rate=1 will be
80.95333332 tokens.
NOTE
If with the same data DR will be equal to 0.5, then, accordingly, the following will be charged:
80.95333332(tokens credited with DR=1) x 0.5 = 40.476666655 (tokens).
ATTENTION! Starting from the 49th block, the reward for 1 day is distributed among all
active devices.
Table No. 3:DISTRIBUTION OF TOKENS 49 BLOCK
BLOCK NO. TOKENS IN THE
BLOCK
DAYS TOKENS FOR DISTRIBUTION PER DAILY
49 240 000 000 + CP 360 (240 000 000 + CP) : 360
When the 49th block is activated, tokens from CP are added to block 49.
We calculate the reward for the next 360 days and record it.
The daily accrual for all devices is calculated using the formula: (240,000,000 + CP) : 360.
After fixing the daily accrual for the next 360 days, this number of tokens will be distributed
proportionally DRT (TotalDEX Rate) among all active devices.
AwardActive Device (ADR) = fixed reward: DRT x DR
Table No. 4: EXAMPLE CALCULATION OF DAILY REMUNERATION FOR 9 DEVICES
No. DEVICES DEX RATE
ACTUAL
ADR
(PrizeActive Device)
1 0,10 9,842519685
2 0,98 96,45669291
3 0,40 39,37007874
4 0,20 19,68503937
5 0,50 49,21259843
6 0,40 39,37007874
7 0,60 59,05511811
8 0,90 88,58267717
9 1,00 98,42519685
Total 5,08 500,00000000
ADR (PrizeActive Device) At DR=1 98,42519685
Fixed daily reward for all 9
devices
500,00000000
(98,42519685 p5,08)
FORMATION OF A POOL OF AWARDS
Pool of Awards(eng. Reward Pool, RP) — a regularly replenished pool of tokens, formed by
repurchasing tokens from the market.
RP (Reward Pool) is being consumed to accrue rewards to active devices.The budget for the
repurchase of tokens is formed from proceeds from sales of products and commissions of the
DEXNET ecosystem. Distribution of this pool (constant distribution of tokens) activates on block
25.
Table No. 5: PROCEDURE FOR DISTRIBUTION OF THE POOL OF REWARDS(RP)
DAYS OF ACCRUALS FROM BEGINNING
BLOCK 25 ACTIVATIONS
NORM OF DISTRIBUTION
FOR EACH OF 120 DAYS
1– 120 30%
121– 240 50%
241– 360 75%
From 361 days onwards every 30 days 100%
REWARD POOL DISTRIBUTION LOGIC (RP) BY DAYS
For 1– 120 days (as of now activation of the 25th block) take fromRP (Reward Pool) 30%
tokens for 120 days
according to tokenomics, table. No. 5.
Reward per day = RP (Reward Pool) x 30%: 120 (days). We fix this amount for 120 days.
Reward = reward per day: DRT (Total DEX Rate) x DR (DEX Rate)
Pool of Awards(RP) continues to be replenished throughout all these 120 days, as well as all
subsequent days.
For 121– 240 days(as of now activation of the 25th block) take fromRP(Reward Pool) 50% of
tokens for the next 120 days according to tokenomics, table. No. 5.
Reward per day =RP(Reward Pool) x 50%: 120 (days). We fix this amount for the next 120 days.
Reward = reward per day:DRT (Total DEX Rate) x DR (DEX Rate).
For 241– 360 days(as of now activation of the 25th block)take fromRP (Reward Pool) 75% of
tokens for the next 120 days according to tokenomics, table. No. 5.
Reward per day =RP(Reward Pool) x 75%: 120 (days). We fix this amount for the next 120 days.
Reward = reward per day:DRT (Total DEX Rate) x DR (DEX Rate).
IMPORTANT! For 361 days(from the moment of activation of block 25) 100% of the tokens
located in the RP (Reward Pool).
For 361 days (from the moment of activation 25th block) take fromRP(Reward Pool) 100% for
the next 30 days according to tokenomics, table No. 5.
Reward per day = RP (Reward Pool) : 30 days). We fix this amount for the next 30 days.
Reward = reward per day: DRT (Total DEX Rate) x DR (DEX Rate).
Then we continue in the same way every 30 days.
STAKING DEXNET TOKENS
Staking (English staking; stake — "destiny", "bet") - Thisthe process of supporting the operation of
the blockchain by storing cryptocurrency in a cryptocurrency wallet or on a special platform for
receiving rewards.
There are 2 types of staking of DEXNET tokens:
1. Staking-1 is a rewards program for owners of active DEX Nodes, ready to send your
DEXNET tokens for a selected period to receive additional remuneration.
· Works with DEXNET tokens, obtained through the work of DEX Node.
· Active and accrued within the 500,000,000 tokens allocated for it.
· It can only be opened if there are tokens in the Staking-1 pool.
2. Staking-2 is a rewards program for all participants, ready to send their DEXNET tokens
for a selected period to receive additional rewards.
· Works with DEXNET tokens,purchased on the free market.
· Active and accrued within the 500,000,000 tokens allocated for it.
· It can only be opened if there are tokens in the Staking-2 pool.
Table No. 6:STAKING
STAKING
DURATION
STAKING
REWARDS-1
FOR HOLDERS
ACTIVE DEVICES
STAKING
REWARDS-2
FOR ALL HOLDERS
DEXNET TOKENS
ACCRUAL OF
REMUNERATIONS
BY STAKING
3 months 12% per annum 10% per annum At the end of the term
6 months 24% per annum 20% per annum At the end of the term
12 months 36% per annum 30% per annum Every 3 months
24 months 48% per annum 40% per annum Every 3 months
36 months 60% per annum 50% per annum Every 3 months
Attention!
At any time, the term of any Staking can be changed either up or down.
The amount of reward for Staking is calculated according to the data in table. No.6 as
follows:
number of tokens sent to Staking x % of reward: 12 months x Staking period.
ADR (PrizeActive Device) accrued daily and immediately divided in a 50/50 ratio:
50% of tokens are available to the owner of the node for any purpose,
and the user sends 50% of the tokens at any Staking for the selected period.
The default staking duration is 3 months.
Important!When forADR (AwardsActive Device) tokens are running out, and in Tokens remain
for the Staking-1 pool,
Their remainder is transferred to Staking Pool-2.
When the tokens in the Staking Pool-1 run out,ADR (PrizeActive Device) is credited
immediately and 100% of the tokens are available to the owner of the node for any
purpose.
*IPFS 2.0 HARDWARE IMPLEMENTATION OF THE PROTOCOL
IPFS technology is used as a basic protocol for data transfer between DEX Node’s in its hardware
implementation, eliminating its shortcomings.
IPFS is a P2P protocol that unites connected devices into a network with a common file system
(InterPlanetary File System). It was introduced in 2015 by engineer Juan Bennett . Today the
protocol is supported by Protocol Labs and open source community.
The IPFS task — correct the shortcomings of the client-server model that underlies the modern
Internet. The protocol implies that the data does not depend on the primary source servers and is
stored separately. This model is reminiscent of torrents. The role of the address for accessing files,
documents and other information is played by a cryptographic hash, attached to object contents
and.
IPFS support appeared in Opera browser for Android. Simultaneously with browsers implement
various sites, for example, Neocities web hosting for indie developers.Soon to IPFS joined one of
the largest Western cloud providers.
Since IPFS is based on the idea of decentralization, it could not do without blockchain projects.
In 2017, the authors of the protocol launched a data storage platform Filecoin.
There is an opinion in the IT community that the protocol is developing slowly and remains
unfinished. 7 years after its launch, its versions still start from scratch and rarely receive major
updates.
Working with the basic protocol without hardware upgrades also causes difficulties. Hacker News
notes that attempts using IPFS for different projects each time is accompanied by slow loading,
problems with IPNS (a specialized naming system) and the inability to associate domains with
hashes.
At the same time, due to its decentralization, IPFS doesn't fit well for working with confidential
data. To be fair, it is worth noting that projects are already being developed that make it possible to
build local storage based on IPFS, for example, Stupid. However, its applicability has also been
questioned. Around this open framework turned around hot discussion on Hacker News.
Hardware modernization of the protocol and the creation of the DEXNET platform will allow us to
reach a completely new level, solving the issue of the complexity of representing addresses and
the speed of data exchange.
IPFS is based on hash addressing. The value returned by the hash function is used as the address.
The result is a URL that is difficult to write and read.
Core protocol developers note, that the search and implementation of effective mechanisms
related to converting IPFS addresses into understandable designs for people will help the spread
of the technology.
DEXNET solves the performance problem through a hardware upgrade of the protocol.
Basic protocol Maybe work quickly, but through caching proxies. A common situation when
starting to download a file have to wait up to 45 seconds.
Placing the protocol on an adapted hardware platform with the integration of alternative
independent communication channels for the exchange of service information (SWARM, as a
closed satellite local network, and DEX Wan, as its own direct communication channel)
complemented the protocol, eliminating the listed shortcomings, thereby creating a precedent for
the technology WEB 4.0.
DEXNET INTEGRATION STEPS
I. Permanent activation of devices using the public Internet. Transfer of keys and
other confidential information between devices occurs via a low-orbit satellite channel Swarm or
GSM.
II. Formation of local clusters. Devices are connected to each other within a cluster using
own terrestrial high-frequency channel. Communication between clusters occurs by
Swarm or GSM satellite communication.
III. Formation of continental clusters. Local clusters connect with each other within the continent
via their own terrestrial high-frequency channel. Communication between continents to exchange
encryption keys occurs through Swarm satellite communications.
DEXNET SERVICES
DEX Cloud
The technology of cloud data storage in a decentralized network of DEX Node devices is easy and
simple, similar to hosting a file in any known cloud.
The only difference is that your file is notIt is not stored on a server in the data center, but is
encrypted into a container and divided into fragments. Each fragment is copied and placed on
different DEX Node's.
At the same time, the system automatically monitors online access to each copy of the container
fragment and, in case of loss of connection with one of the copies, immediately duplicates it with
simultaneous downloading from all available devices using the Torrent principle andAt once
placed it on another free device.
Thus, provides round-the-clock access to container fragments for instant assembly and decryption
of the file back.
DEX Mobile
· The world's first decentralized international mobile operator.
· DEX Mobile uses the existing network of GSM mobile communication stations to exchange
an encrypted data packet, the key to which is transmitted to the subscriber via the Swarm
Space X network of low-orbit satellites or via DEX Wan's own direct channel.
· Subscribers need to connect their mobile device with eSim Dex Mobile installed to the
DEXNET network at least once.
· At this moment, the mobile device will exchange decryption keys with the subscriber via
the DEXNET network, bypassing operator towers and the public Internet.
SMART CONTRACT OF DEXNET TOKEN
Smart contracts on the Binance Smart Chain (BSC)
//Address
https://bscscan.com/address/0x39dF92f325938c610f4e4a04F7b756145eBe8804#code
The DEXNET token smart contract is the standard BEP-20 token contract on the Binance Smart
Chain (BSC).
The smart contract of the DEXNET token implements the following features:
• placing the contract on pause;
• contract upgrade;
• contract management by the administrator(s) rather than the owner;
• enabling protection against sandwich attacks when trading on DEX;
• secure loading of liquidity on DEX;
• comfortable connection to a DEX market maker.
CURRENT STATE OF DEXNET
● An architecture for DEX Node interaction in a closed network has been developed.
● Prototypes of the DEX Node device have been developed.
● DEX Cloud architecture developed.
● Basic software has been created to support the DEXNET 1.0 network.
● Client software has been created to work in the DEXNET 1.0 network.
● Basic testing of the DEX Cloud distributed disk storage service has been carried out.
● A pilot launch of DEX Cloud was carried out with testing of data transmission in the
SWARM/GSM network.
● Head office opened in DUBAI
ROAD MAP
I quarter 2023
Accepting first orders of DEX Node.
Preparing the deployment of the decentralized global network DEXNET.
IV quarter 2023
Listing of the DEXNET token on exchanges.
Activation of a smart contract and listing of a token on cryptocurrency exchanges.
Opening of token trading.
Connecting the first DEX Node's to the network.
Activation of DEX Node’s devices on the network.
Beginning of the deployment of the decentralized network DEXNET.
Listing of the token on exchanges.
I quarter 2024
Opening of sales of DEX Mobile.
Start of sales of eSIM cards from the first decentralized international mobile operator.
II quarter 2024
Closed testing of the DEX Cloud service.
Beta testing of decentralized disk storage for private and commercial use.
IV quarter 2024
Blockchain deployment on the DEXNET network.
Beta testing of the DEXNET blockchain on a decentralized hardware platform on DEX Node’s devices.
I quarter 2025
Creation of a decentralized crypto bank.
Launch of a decentralized cryptocurrency bank on the DEXNET blockchain with VISA cards.
DISCLAIMER
These terms apply to any purchase, sale or offer of tokensDEXNET (“TokensDEXNET») -
productsDexNode (physical device, microserver with SSD drive and alternative communication
channels) providedDexnet Information Technology CO, a company incorporated and existing under the
laws of the UAE, with its registered office at 1008 Conrad Business Tower, Sheikh Zayed Road - Dubai,
UAE ("We", "DEXNET") as described on our website.https://dexnet.one/.
These terms and conditions shall be governed by and construed in accordance with the laws of the
United Arab Emirates and shall be binding and enforceable on every person who engages in the
purchase, sale or offer of DEXNET tokens.
Please read these terms and conditions carefully to ensure that you fully understand the rights,
responsibilities, and risks associated with these terms and conditions.
By participating in the purchase, sale or offering of tokensDEXNET, you confirm your full
understanding and acceptance of these Terms. If you do not understand or agree to these terms, you
should not participate in the purchase, sale or offer of DEXNET tokens.
Continuing to buy tokensDEXNET, sell or offer tokensDEXNET, you expressly agree to and
acknowledge these terms and conditions.
Denial of responsibility
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW AND UNLESS OTHERWISE
PROVIDED BY US:
(A) TOKEN TECHNOLOGY DEXNET PROVIDED ON AN “AS IS” AND “AS
AVAILABLE” BASIS. WE DO NOT PROVIDE WARRANTIES OF MERCHANTABILITY,
FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT OF THIRD PARTY
RIGHTS WITH RESPECT TO TOKENS DEXNET;
(B) as any other technologies cannot guarantee that they are reliable, unmistakable, meet your
requirements, do not contain viruses or other harmful components, so we do not declare and do not
guarantee that tokens are not to be tokens DEXNET OR THEIR DELIVERY MECHANISM IS
RELIABLE, ERROR-FREE, MEETS YOUR REQUIREMENTS, AND IS FREE OF VIRUSES OR
OTHER HARMFUL COMPONENTS OR THAT TOKENSDEXNET DO NOT CONTAIN DEFECTS
AND THEY WILL BE CORRECTED;
You are required to comply with all applicable laws and regulations whenever you engage in the
acquisition, offering or trading of tokens DEXNET. In addition, you are responsible for obtaining all
necessary consents, authorizations or authorizations in accordance with the laws and regulations in force
in any jurisdiction relevant to your activities in connection with the purchase, offer or sale of DEXNET
Tokens.
Please remember that you are responsible for compliance with legal requirements and we do not accept
any liability for compliance in this regard. It is important to note that we make no representations or
warranties regarding the legality of your token purchases.DEXNET with respect to applicable laws or
similar regulations in any jurisdiction.
Cautionary Note Regarding Forward-Looking Statements
This document contains certain forward-looking statements. Forward-looking statements are statements
that are not historical in nature. You can identify these statements by the use of forward-looking
terminology such as "believe", "estimates", "outlook", "plans", "projects", "expect", "is expected",
"intends", "may" , "will", "may", "should" or other similar terms. In addition, forward-looking
statements may relate to strategies, plans, business prospects, objectives, future events or intentions.
These forward-looking statements can be found throughout many sections of this document and include,
but are not limited to, statements about our intentions, beliefs or current expectations regarding the
business model DEXNET, development costs, liquidity, growth prospects, strategies and expectations
for the development of the cryptocurrency market and blockchain technology.
By their nature, forward-looking statements involve risks and uncertainties because they relate to future
events and circumstances. We strongly recommend that you review this document, especially the Risk
Factors section, carefully to obtain a complete understanding of the risks associated with the purchase of
products or services. DEXNET. Although we believe that the expectations reflected in the
forward-looking statements are reasonable, we cannot guarantee actual results. Many of the factors
discussed in this document, some of which are beyond our control, are critical to determining future
success DEXNET and whether it will launch according to our current expectations. As a result, actual
results may differ materially from what might be expected based on the forward-looking statements.
Because of these and other uncertainties, you should not interpret the inclusion of forward-looking
statements in this document as a commitment DEXNET (or any other organization created for the
development DEXNET) that its plans and objectives will be achieved and you should not place undue
reliance on these forward-looking statements. We will update forward-looking statements only as
required by law.
Important Notices
This white paper is intended to provide specific information related to the purchase of token-related
products or services DEXNET, and should be used solely in connection with tokens.
Please be aware that this document is provided to you on the assumption that you have the legal right to
possess or have access to it under the laws of your jurisdiction.
You are prohibited from delivering this document to any person in any jurisdiction where it would be
unlawful to do so.
This document does not constitute any form of offering and does not expressly constitute an initial
public offering or any other offering of shares or interests.
Ownership of any token associated with DEXNET, does not give ownership rights, shares or capital
inDEXNET, and also does not entitle you to receive dividends.
Potential buyers should rely on their personal assessment of the business model when making decisions
DEXNET and tokens issued DEXNET, taking into account both their benefits and risks. Prospective
purchasers should not interpret the contents of this document as legal, business, tax, accounting,
investment, financial or other advice. We encourage each potential purchaser to consult its own advisors
regarding the legal, business, tax, regulatory, accounting, financial and other implications.
CLIENT ACTIONS RELATED TO TOKENS DEXNET, CREATE RISKS AND MAY RESULT IN
LOSS OR DECREASED VALUE OF PRODUCTS OR SERVICES.
NOTHING IN THIS DOCUMENT CONSTITUTES AN OFFER OF SECURITIES FOR SALE IN
ANY JURISDICTION.
NO TOKENS DEXNET NOR THE SAFT (OR SIMILAR) AGREEMENTS INCLUDED IN THIS
AGREEMENT HAVE BEEN APPROVED BY THE SECURITIES AND EXCHANGE
COMMISSION (“SEC”) OR ANY OTHER SECURITIES REGULATORY AUTHORITY. NEITHER
THE SEC NOR ANY OTHER REGULATORY AUTHORITY HAS VERIFIED THE INFORMATION
PROVIDED IN THIS DOCUMENT FOR THE ACCURACY OR COMPLETENESS OF THE
INFORMATION PROVIDED IN THIS DOCUMENT.
ISSUANCE OF TOKENSDEXNET HAS NOT BEEN REGISTERED UNDER THE UNITED
STATES SECURITIES ACT OF 1933 (THE "SECURTIES ACT") OR ANY OTHER APPLICABLE
SECURITIES LAW, AND PRIOR TO SUCH REGISTRATION, THE TOKENS DEXNET MAY NOT
BE OFFERED, SOLD OR TRANSFERRED INTO THE UNITED STATES OR TO ANY PERSON'S
ADDRESS (ACCOUNT) IN THE UNITED STATES UNLESS SUCH TRANSACTION IS ELIGIBLE
UNDER THE SECURITIES ACT OR ANY OTHER REGULATION AMENDING LEGISLATION.
We reserve the right to prepare additional documents and materials (however named) in order to obtain
registration or to rely on any available exemption from registration requirements under the United States
Securities Act or the securities laws of any other jurisdiction. for the purpose of offering and selling
tokens DEXNET in the US or other jurisdictions during the token sale DEXNET (as provided herein).
TOKENSDEXNET AND/OR ANY SAFT (OR SIMILAR) AGREEMENTS ENTERED INTO
CONNECTION THEREWITH WILL BE SUBJECT TO TRANSFER AND RESALE
RESTRICTIONS UNDER APPLICABLE U.S. SECURITIES LAWS AND/OR OTHER RELEVANT
LAWS AMI IN THE EVENT OF THEIR TRANSFER OR RESALE.
Risk factors
Purchasing services or products DEXNET and/or tokens DEXNET entail significant risk. We strongly
recommend that you carefully review all information in this document, including the following risk
factors, as well as the terms of the SAFT Agreement or any other document related to the sale of tokens
DEXNETbefore deciding to purchase devices DEXNET and/or perform actions related to tokens
DEXNET. The actual occurrence of any of the following events could have a material adverse effect on
the development, business, prospects and results of operations DEXNET, which may adversely affect
your ability to receive rewards from your acquisitions. Many of these factors are contingencies that may
or may not occur, and we cannot estimate the likelihood of such contingencies occurring. Although the
risks discussed below are not exhaustive and represent only those that we consider to be significant,
they may not be the only risks and uncertainties that may be faced by DEXNET. Additional risks not
currently known, expected or believed to be immaterial may also have a material adverse effect on the
company's development, business, prospects and results of operations. DEXNET, and you may lose a
significant portion or all of the price paid to purchase the productsDEXNET and/or tokens DEXNET.
Thus, the purchase of services or products DEXNET and/or performing actions related to tokens
DEXNET must be carried out exclusively by individuals who may bear such risks. Before participating,
please consider the potential risks carefully and, if necessary, consult with legal, accounting and tax
professionals to assess the risk involved.
The token economy is relatively new, and tokens may potentially be subject to regulations, including
restrictions on ownership or use. There is no guarantee that the purchased tokens DEXNET will increase
in value, provide a profit, or achieve sufficient distribution and liquidity to be exchanged for other
assets.
Binance Smart Chain (BSC), on which tokens are based DEXNET, is an experimental technology and
it is not possible to anticipate all potential future risks.
We are not responsible for possible losses. Please be careful with all crypto assets and refrain from
spending funds that you cannot afford to lose.
WE DO NOT MAKE ANY PROMISES REGARDING POTENTIAL EARNINGS OR REFUNDS.
YOU COULD POTENTIALLY LOSE THE ENTIRE PRICE YOU PAID FOR PRODUCTS OR
SERVICES IF THE MARKET PRICE OF THE TOKENS DEXNET WILL FALL TO ZERO.
Risk of losing access to tokensDEXNET due to loss of private key(s): tokens DEXNET - these are
BEP-20 tokens Binance Smart Chain (BSC). Accessing and using these tokens requires a wallet that
complies with these standards, such as TrusrWalleet or Metamask. You are responsible for protecting
your tokens and preventing losses due to lost keys or malicious access.
WE ARE NOT RESPONSIBLE FOR LOSS OF TOKENS OR OTHER LOSSES YOU SUFFER AS A
RESULT OF LOSS OF KEYS OR AN ATTACK ON YOUR WALLET.
Risks associated with Binance Smart Chain (BSC). Since tokens DEXNET is based on blockchain
Binance Smart Chain (BSC), any malfunction, glitch or failure in the BSC blockchain can significantly
impact the platform DEXNET and its tokens. Additionally, technological advances such as quantum
computing may pose risks to the platform DEXNET, rendering the cryptographic consensus mechanism
underlying the blockchain ineffective Binance Smart Chain (BSC).
Licensing risks. Platform operation and stability DEXNET is subject to the continuation of necessary
licenses in the jurisdictions in which it operates and compliance with the terms of such licenses.
Although we intend to apply for the necessary licenses, there is a risk that the licenses required to
operate DEXNET, may not be issued in a timely manner or at all, or may be issued under onerous
conditions. In addition, even if a license is issued, there is no guarantee that it will not subsequently be
revoked or that it will be successfully renewed. Failure to obtain, maintain or renew required licenses
could have a material adverse effect on the company's business, prospects and results of operations
DEXNET.
Risks associated with cryptocurrency volatility: In general, the rate at which any cryptocurrency can
be exchanged for other currencies is extremely volatile.
Risk of uninsured losses: Unlike bank accounts or accounts at some other financial institutions, tokens
DEXNET are not insured unless you specifically purchase private insurance to cover them. Therefore, if
they are lost or the value of the tokens is lost, we do not have a government sponsored insurance
company or private insurance company to offer you compensation.
Risks associated with uncertain regulations and enforcement actions: The regulatory status of
BEP-20 tokens and distributed ledger technology is unclear or unresolved in many jurisdictions. It is
difficult to predict how or whether regulators will be able to apply existing regulations to such
technology and its applications. Likewise, it is difficult to predict how or whether legislators or
regulators will be able to make changes to laws and regulations affecting distributed ledger technology
and its applications. Regulatory actions may negatively impact the platform DEXNET in various ways,
including, for example, by determining that the purchase, sale,delivery or use of tokens DEXNET
constitutes an illegal activity or that registration or licensing is required for some or all parties involved
in the purchase. sale, delivery or use of tokens DEXNET.
DEXNET may cease to operate in a jurisdiction if regulatory actions or changes in laws make operating
in such jurisdiction illegal or commercially impractical.
Risks related to taxation: Tax characteristics of tokens DEXNET unclear. You should seek your own
tax advice in connection with your purchase of Tokens DEXNET and use of the Products DEXNET.
Risk of platform competition. It is possible that alternative platforms will be created using the
same/similar source code as the platform DEXNET. Platform DEXNET may compete with these
alternative platforms, which may negatively impact platform adoption DEXNET.
Risk of insufficient interest in platform products DEXNET: it is possible that the platform DEXNET
will not be used by a large number of individuals, companies and other organizations or public interest
will be limited. This lack of use or interest may negatively impact the development of the platform
DEXNET.
Risks associated with refusal to repurchase tokens DEXNET: Token owners DEXNET will not have
the right to force the platform DEXNET to redeem tokens. Although token holders DEXNET may resell
tokens to other parties (subject to any applicable transfer restrictions), in the event that a secondary
market for these tokens does not develop for a long time or does not develop at all, token buyers
DEXNET must be prepared to bear risks over a long period of time or risks of not meeting buyer
expectations.
PLEASE REMEMBER THAT THESE RISKS ARE IMPORTANT FACTORS TO BE CONSIDERED
BEFORE PURCHASING TOKENS OR DEVICESDEXNET, AND SHOULD BE ACCEPTED ONLY
BY THOSE WHO ARE WILLING TO CONSIDER SUCH RISKS.
Contact Us: If you would like to contact us, please do so using the following contact details: email
address [email protected], Dexnet Information Technology CO, registration number 993835, registered
at 1008 Conrad Business Tower, Sheikh Zayed Road - Dubai, UAE.
