#dusk $DUSK

Dusk's first consortium had a laser focus on the most prominent use case Dusk Network aimed to solve in the short to medium term; the tokenization of securities, and offering and trading them. The consortium focuses on SME’s, consumers, and platforms, rather than multinationals. Tokenizing and decentralizing shares in a company, building in governance, a dividend mechanism, and other basics are alluring to companies. Especially if the new offering mechanisms, for example a Security token offering, provide much less legal drag than an IPO counterpart, therefore significantly lowering the barrier of entry for SME’s.[1]

However, to complement IPO’s there is need to look at their legislation for a likely ecosystem that needs to be mirrored in order to be compliant. This means privacy on the one hand, because there is trade secrecy, market manipulation, and a few other things to be considered in order for traders to adopt and a fair market to establish. On the other hand, there is a level of regulatory transparency required so things can be audited and a marketplace can be built, this means KYC (know your customer) integration on the token level to allow for a truly decentralized marketplace.[1]

Dusk is not only leveraging on their KYC and Security Experts to build a great standard (XST), but they have also leverage their consortium partners to set up the beginnings of what could become an STO incubator, where they will help the first centralized companies to decentralize just this part of their company. They will create their security tokens on top of Dusk, thus digitizing their shares, and in the future some of their governance and dividend structures.[2]