Topic: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat* - page 293. (Read 418460 times)

polo don't have high trade volume lol said this for 50k-100k btc every day trades................. compare to finex or bistamp 6-10k

The second round will be in stock so wont be on Polo in any case. Also I dont know how many crypto investors also deal in stock trade. I know some crypto investors would be very much against investing in stocks.
I dont think doing an ICO then an IPO has been attempted before so there is no real way of knowing which type of investors will be the main participants in the IPO.

We pulled the rest of price level 2 Eth stakes from C-CEX orderbook in preparation of transition to Level 3 and giving go-ahead for the final ~7 hrs of promotion.

If you want in at level 2 with Eth, there's not long left.

Implicating that I implicated that is not very sustainable in my opinion.

DAO was a total fail, even before the hack. People were naive to believe it could trade above ICO-price and there was a lot of self-buying and so on.

Basically I agree with what you say, but Polo is not just important if it's about dumping ICO-coins. It's true that in the end it's always about the quality of a project, but some projects are more dependent on the market than others. I consider Heat as more dependent because they plan to do other Investment-rounds if I understand it correctly. Positive reactions on the market would bring more attention and more incentive to give them more money and Polo gives volume, attention and also some credibility because they have standards - even if they failed with TheDAO and also have a bag of shitcoins from the past.

Or the other way around if it should fall below ICO-price and get not that much attention. Potential Investors would most likely step back then. So it shouldn't be underestimated.  

That's the official side, the reassuring standard customers like to see.

I wasn't talking about money outright. The real conditions come case by case, based on the free choice of every exchange operator deciding what coins they list and what not.

It's just natural. Business takes place behind the scenes and involves not only money but human relations and longer term business plans. Not every cryptocurrency fits the plans and maybe confidential partnership ventures that businesses have in place.

Implicating Waves and Rise are crap because they're not on Polo isn't very sustainable in my opinion. Maybe it's true and there's something to them that Poloniex knows and we don't. Or maybe there's nothing wrong with Waves and Rise but listing them doesn't fit Poloniex's image, business, or something else.

Polo won't be the favorite choice forever. Empires come and go. Not sure if it's the favorite right now for real business. Crypto only exchanges have quite a bit more risk than those working with fiat, or certainly the decentralized ones that are coming.

In any case, HEAT is better positioned than our competitors because we'll have the Poloniex-like exchange, if it makes you feel better right on your face when you start the HEAT client.

And for the HEAT exchange, any developers / business will be able to list their cryptocurrency without trying to please the operator of the exchange. Nice no?

But the DAO was on Polo and always traded under ICO price compared to ETH.

I never really followed Waves and Rise as I decided I didnt want to invest in those, but I have seen claims that the devs of Waves did dump a large amount of coins which is never a good sign.
I have also made huge gains on coins not on Polo.

All I am saying is that there are a lot more to it than just getting on Polo.
If HEAT gets succesful on other exchanges there is no reason why I couldnt be added to Polo later. I only see it as a problem if you want to dump the coins right after the ICO then Polo might be good.

The ICO's I watched the last months were:

- Lisk
- Rise
- Waves
- DAO

DAO failed and is done, so we can exclude it.

Lisk was added to Polo and never went below ICO-price and it was the only ICO I ever bought into.

Rise and Waves were not added on Polo and if I'm right they are below ICO-price. Not sure what is cause and what is effect but not to get on Polo is never a good sign.

I dont understand why people are so obsessed with Polo. Personally I like Kraken better.

Polo does have a high trade volume but most is from a handful of coins, so getting on Polo is no guarantee that there would be significant HEAT trade.

I am not saying that getting on Polo would be a bad thing, but I dont think it should be the main goal for any and all coins.

Not sure if you mean money when you say "If Poloniex wants to list us for feasible conditions (...)", but they don't want that.


These are their conditions:


How can I get a coin listed on Poloniex?

You can submit your request using our Coin Request Form.

Poloniex reviews coin submissions and makes decisions based on several criteria. Where applicable, a coin must have:
A block explorer
A website
A unique genesis block
A compiled wallet

We also conduct a thorough code review before a coin is added on our exchange. In addition, we like to see evidence of the developers' dedication to the project, community interest, and above all else, innovation. If you feel your coin is truly innovative, we want to hear about it. Poloniex never requests payments to list coins.

If you are contacted by any party soliciting payments while claiming to represent Poloniex, please notify us at immediately.
https://poloniex.freshdesk.com/support/solutions/articles/1000229325-how-can-i-get-a-coin-listed-on-poloniex-

Usually it's a code of business conduct such details, especially if custom made, remain between the participants.
Let's see. There are sides to that, business asking for donations isn't necessarily the best way to conduct business. I also suspect if the price is too high for us it's too high for the community. Chances are however it'll be resolved before such a point.

Is there/will there be a non disclosure agreement on how much money they want to list HEAT?
If not, would you ask the community whether they want to pay with donations to get this done instead of just making the centralized and clandestine decision of saying No to polo?

That's correct, so I'm not quite sure what's there that doesn't sound good, as I wrote:

we acknowledge the market's needs.
Poloniex listing will be worked towards.

The essence comes down to that Heat Ledger Ltd is blockchain software business, not Poloniex speculative play. Yet we're well experienced about the various focus points important for the crypto audience. If Poloniex wants to list us for feasible conditions after negotiations continue in the weeks ahead, great! If they don't want to do that, fine, HEAT is primed for success anyway as our value is elsewhere than one single exchange. Way or another, we respect their right to choose who they do business with, a right they have to continuously exercise as everyone wants to hang out with the most popular.

...which brings up back to the exciting finale of the HEAT ICO speculation

Total value of reserved ICO:
1,589.30 BTC
BTC: 577.69 (stage 2 until 658 BTC)
ETH: 15,880.60 (stage 2 until 16,125 ETH)
FIMK: 252,891,021 (stage 4 until 319,000,000 FIMK)
NXT: 6,219,225 (stage 2 until 7,750,000 NXT)

Price stage 3 imminently coming in for Eth. BTC not far behind, like NXT.

I agree with durerus... At the moment no decentralized exchange has enough volume to propel this coin to the heights where it should be. So at first focus on big exchanges and then make your own decentralized exchange a success

Sounds not good. Your leaning towards decentralized exchanges can be much more effective when your coin has a significant market cap and trading volume. By getting on polo ASAP the chances for this are much higher.

No beef - they probably just haven't paid real attention to how listing us would benefit their business. There must be hundreds of projects trying to get listed, and when we last contacted them before the HEAT ICO details it didn't look any different. It might be well different now, we'll have quite much more ammo after the finished HEAT ICO figures...

HEAT is leaning towards decentralized exchange. So our stance is that getting on Poloniex or any centralized exchange is far from being a single main focus of Heat Ledger Ltd. But like I said, there are many shades of gray between being the main focus, and complete lack of interest, and we acknowledge the market's needs.

If I were you, I would try to get this listed on the first day on Polo at all cost. This could make the biggest difference for a great start.

Invested some more ETH here because I think that this could be an awesome project.

This worries me a bit: Do you have some personal beef with polo because they didnt want to list FIMK? That would be really sad. For investors polo listing is very important.

Exactly!

poloniex definitely gives a coin exposure to a bigger community.  We saw Lisk go over 20k BTC volume on polo after launch.  Would not have seen that kind of volume and coin distribution on bittrex or ccex.

I actually think that's one of the things the Lisk team did best, compared to icos which are now trading below ico price (waves, brk, rise)

Marketing and listing on big exchanges like poloniex were top priorites at launch, which translates to healthier volume and big players taking interest in the project.

We've been working on it for soon half a year, with earlier incomplete development versions already used for demoing sub-areas for partners. So it's rather advanced by now, and the genesis estimate is realistic based on our past progress and the todo list at this moment.

Note that many of the features advertised are pretty much ready to be slapped on (from FIMK & the projects - of course not that simple but relatively speaking what comes to the total workload). So recently it's been the HEAT core we've been working on and will continue to do so for almost whole of the month ahead.

It will indeed carry many of the key features advertised.

Some key features, like splitting of the storage layer, will be added after genesis but rather in the course of months, not years.

Openledger, C-CEX and Alcurex will enable HEAT trading and withdrawals right after they've received the genesis block tokens.

Other exchanges not scheduled yet. Notice that the HEAT client has a decentralized exchange built-in, which will necessarily yield wide exposure as it's "on your face" for all the HEAT client users. Our goal is to carry at least BTC/HEAT exchange there shortly after initial distribution.

Additionally, we'll likely have some backup token exchange arrangements on the FIMK AE.

I think there must be some shades of gray between considering Ronny's exchanges sufficient and on the other end starting an uncertain yet tedious process of complete Polowhoring

Openledger certainly isn't enough, whereas listing on Polo and Bittrex from our experience involves procedures whose business viability are questionable. But maybe it's different for a fresh platform carrying significant ICO success recently when compared to rather obscure FIMK from 2 years back. Poloniex listing will be worked towards.

We'll be arranging the legal stuff, team building and company stock release while having the cooloff period of 4 weeks before the token distribution. This is well warranted as the resources are still scarce before it gets rolling properly. Emphasis for marketing is built during this cooloff period and allocated starting from the token release.

HEAT is a long term project, and it's not our goal to hit a price explosion upon token launch. Rather, we'll want to avoid that. Any rate above ICO rates will be just fine, whether it's 2x or 20x. Lower rates, well they're not that usual nowadays either.

Yes it is, pending clearing in the Finnish authorities database
https://tietopalvelu.ytj.fi/yritystiedot.aspx?yavain=2632757&tarkiste=6F2F5FD1A9DCD627A99BD02A8DADDC5ED1FDE31E
Founding shareholders now before funding round 2 are myself and lead developer Mr. de Klerk.

Yes, some investor channels however more so with businesses with whom we already have Joint Venture agreements, customer relationships and contracted projects pulling (obviously paused during the ICO hassle and before we get more workforce to attend to all projects required).

Thanks to yourself for the excellent questions.