I am little baffled by the below answer on their FAQ section .. Does it mean the BET tokens would not ever get listed on any exchange ? If so, what is the incentive for investors to buy their tokens ?
I am confident that the tokens if listed on the exchange would definitely go over the ICO price (roughly $0.15 assuming they do $25m) , but if they are not even listing on any exchanges sooner, then i am not feeling great why I should invest on them now ..
Can someone please explain about this ?
>>>>>Would BET be listed on exchanges, if yes which ones ?
BET is a functional token that is intended to circulate within DAO.Casino reward system and to be used as an ingame currency in the games integrated with the system. Whether BET will be listed on exchanges depends on exchanges themselves. Most token exchanges have a token request form and you can ask whether your token exchange platform of choice is planning to list a particular token.
I am confident that the tokens if listed on the exchange would definitely go over the ICO price (roughly $0.15 assuming they do $25m) , but if they are not even listing on any exchanges sooner, then i am not feeling great why I should invest on them now ..
Can someone please explain about this ?
>>>>>Would BET be listed on exchanges, if yes which ones ?
BET is a functional token that is intended to circulate within DAO.Casino reward system and to be used as an ingame currency in the games integrated with the system. Whether BET will be listed on exchanges depends on exchanges themselves. Most token exchanges have a token request form and you can ask whether your token exchange platform of choice is planning to list a particular token.
This is a case of the message being lost in translation.
Their stance here basically is "this up to the popularity of the token depending on the community, but the main function of BET is..." similar to any other ERC-20 token, where the main functions are not to be an investment, but actually to do something. Basically dev here is not making any false claims, and the token is free to be listed on any exchange where there is a sufficient interest generated.
Also this takes a long time. I know one project where a dev applied for listing since over 1 week now and still no listing.
Expect that this one will not be listed on any major (i mean bittrex or polo) any time soon. I dont know the process for liqui. Maybe this is an option. But too uncertain for me. Also I dont understand why they dont want to list it. This is also the reason why i will not invest
