I don't know if this is reliable, but ICOs may be paying $1 million to $3 million to get listed on an exchange!!
Crypto Exchange Listing Fees"We’ve done some sleuthing on the crypto rumor mill, from Telegram groups to whispered numbers between entrepreneurs. It sounds like the market price to list a crypto token on an exchange is $1 million for a reasonably regarded token, to $3 million for an opportunity to get quick liquidity. We don’t know these numbers with certainty, but suspect the order of magnitude to be roughly in line with today’s reality."
https://next.autonomous.com/thoughts/crypto-exchange-listing-feesHow does this work against DNotes listing on big exchanges in the near future? I hope we aren't just stuck on Crytopia. I like them but they seem to be having their own issues. With other tokens not being able to transfer in a timely manner and such. Sometimes needing multiple work tickets to fix transfer problems. Hopefully new exchanges are in the works is all I'm saying in order for DNotes to take off. I know we have just got the train rolling so patience is key i'm just mentioning that Cryptopia is good but not great. IMO.
I agree with what you're saying, DNotes has a pressing need to get on some good exchanges. The key is finding the right ones that are guaranteed to be around for many years to come, and have a low likelihood of corruption. I've lost too many DNotes on corrupt exchanges to trust putting anything more than a small amount on any exchange, and until such time as DNotes launches it's own exchange, this habit likely won't change. Any cryptocurrency or token exchange that charges 1-3 million dollars for listing in this stage of the industry's development, might as well be guilty of extortion.
A good project for some DNotes community members to undertake would be researching the various exchanges to find those with reasonable listing fees and a good reputation.
I'm sure after 4 years they have already done that work also. Along with the plan of advertising and which markets they are going to hit. Asking the people to spread the word is like me asking people to pull together some kids to play a pick up basketball game. This has been planned for a long time and when they let the cat out of the bag its going to be HUGE. I was just saying that Cryptopia is not on any one of the big coins top exchanges and they have issue as well. The coins that are in the top 25, Cryptopia is listed as number 30 and below on their market lists. I'm not complaining by any means just having a healthy conversation. Tossing around ideas.
Ultimately we have to give them no choice but to list DNotes. The ICO market has put a damper on the industry overall, exchanges are more cautious, and lots of money is being thrown around. What our community can do to help is support on social media, support us in the real world, and reach out to the exchanges you would like to see DNotes listed on and request it.
The article only mentions the cost of listing ICO tokens, and I am guessing that isn't happening in the US.
Speaking of exchanges, Bittrex should take a good look at DNotes 2.0 - we appear to be exactly what they are looking for. I'm assuming when they say token they mean cryptocurrencies as well, because this was the only information on getting anything listed. There is a compliance review that DNotes would pass with flying colors, and new characteristics/features they look for before listing - DNotes 2.0. Regulated exchanges (U.S., Canada,...?) are very limited in what they can list now, and may be looking for some very reputable coins.
Bittrex Support Team
January 31, 2018 12:41
To help drive innovation in the blockchain industry, Bittrex is committed to supporting both new and established blockchains.
Bittrex seeks to provide its users with an ever-growing selection of blockchain technologies and digital tokens...
...In addition to the compliance review, Bittrex reviews several items when determining whether to list a token, including but not limited to whether it is an innovative and/or new Blockchain or has an innovative use case or application. As part of its review, Bittrex takes into consideration a number of factors including but not limited to:
- New blockchain features
- Significant improvement over existing blockchain
- Interesting, innovative, or unique application
- Usefulness of use cases
- Technological experience and reputation of token applicant and team
- Market interest
Bittrex does not currently charge a fee for listing a token on our Exchange. We believe in promoting the blockchain industry, and we have spent, and will continue to invest, significant resources to review tokens for listing on our Exchange.
Please do not believe any consultant, advisor, or individual that tells you that they can get your token listed on the Bittrex Exchange for a fee. The decision to list a token is made by a committee of Bittrex employees after a rigorous review.
https://support.bittrex.com/hc/en-us/articles/360000475411-How-do-I-submit-a-token-to-Bittrex-for-listing-