We have launched a few coins in the past and had some success. We have also had some fall apart. It is the nature of any ICO/IPO structure. One of the hardest parts of launching a coin is getting listed on an exchange. We recently had this same issue with a new coin that is very important to us. At the same time, there are those that work hard mining new coins and even spend some money to do so and never see any of that come back.
For this reason we are launching a new exchange in one week. Any and all coins will be welcome. There are a few caveats. Your coin must have an active node and be open source. That source must be on github and must remain there. Other than that, there are simply a few fees and the rest is business.
The fee after launch to add a coin will be 0.05 BTC. During this week before opening it will be 0.025. If your coin has a premine, there is also a fee of 3% of the premine. These both will be paid in full, in advance and then the coin will be processed into the exchange. The coin price will be set by either us of the market. As time progresses, the market will of course alter the price. Normal transaction fees apply to the exchange.
There will be no FIAT exchanges. Our legal staff put together everything for this exchange and we will not be going the extra thousand miles to do FIAT. By default, we will initially have LTC, BTC and maybe DOGE. We will add some coins simply because they are popular and stable. Do not ask for charity additions, do not ask for a voting platform, do not SPAM the support emails about this coin and that. You want a coin listed, pay the fee and it will be there as quick as we can process it.
We are devoting an initial five staff members to this exchange, but may move others as needed. Those members include one IT team member, three support members and one administrator.
PM myself for pre-launch payments or pay directly to 1FZedKc25XjVME63tLqjAKVLfB3UJk8XD5 with the github URL in the signature. Remember, next Monday the price goes from 0.025 to 0.05, that is a 50% off pre-launch sale. We are a professional company, backed by more than $250,000 market capital in this project. We do not feel the need to use escrow, as we are a large enough company.
YES, we know that this will piss many people off. It is our intention to alter the crypto world. The term "shit coins" and "shit coin" will appear frequently in this thread we are sure. The point of this project is to fill a need where there is one. If a small startup crypto wants to make a go of it, we believe they should be able to put everything they have into it. No one is forced to buy or exchange any particular coin. Trades and exchanges are always a choice. If we see a potential in a coin for a scam, the price will be set appropriately. Bear in mind that the price of anything in the world is set by its availability. Coal is cheaper than gold because any fool with a shovel can mine some coal. Easily mined coins will simply be worth less than hard to mine or hard to find coins.
We are going to open the market up wide and let the chips fall where they may. Soooo.....PM me if you want a coin listed or pay the fee and include the github URL. Say something nice or say something nasty, it is about that time or just ignore this thread....those are your options, but be prepared because we are not going away.
