In the next 29 hours, the OKOIN token is issued for official publishing on the decentralized exchange of Token Store
The project team decided to start placing the token from this exchange and argues its decision as follows:
1) Unlike many other projects, we are not ready today (before launching the platform) and before connecting a sufficient number of OKO Pay subscribers to spend significant funds on listing on the top exchanges. As before, we see priority only in the full implementation of the declared product, and not in meeting the immediate interests of speculators. It is very important to understand that before the launch of the platform in the regular mode and the lack of demand for coins from real users, the price will be formed solely through the actions of speculators. This will in no way contribute to the successful implementation of the project, but on the contrary will harm it.
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2) The legal aspect. Today, most of the major trading floors with which we entered into a discussion of cooperation, refuse to sign official legal documents regulating the relationship of the parties (this is about TOP 15). The only exchange that provides such an opportunity is Kucoin. It is with this platform that we intend to continue the dialogue in the future and issue a token on it when the platform is launched. Timely start of trades on the top platform, finished product and organic demand for coins from the users of the company's products will have an impact on the positive dynamics of OKOIN's value growth in the market and will attract new tokenholders.
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3) Team error in the estimation of volumes and terms of work with exchanges. The lack of an opportunity to start negotiations with exchanges before the end of sales (they do not consider such applications in principle), stricter requirements and long expectations of responses to inquiries from exchanges did not allow us to carry out these works in the earlier planned time. Despite this, we did not delay the deadline for our part, filed applications, provided the necessary information and documents to all conditionally free top-end exchanges. With some of them we continue to communicate and discuss cooperation.
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