@sandstorm20 Thank you for a constructive post. Epic Coin is already part of ECI. So is Beam. We are actively working on more additions to the list. Except for the first year, member coins pay annual fee in BCRM. It is hard to predict how it will be received. But our best guess is that it would be difficult to sell ECI in the beginning, say for 6-8 months. We have some plans, which we cannot disclose publicly, as to who we will approach for listing. While there is no guarantee that ECI gets listed on an Exchange, we will try everything we can. In theory, we could pay hefty listing fee, split across all members coins. But this is something that every member coin must vote in favor of.
The worst case scenario for ECI is this: We will launch, make ECI available for sale but not a single soul buys ECI. We fail to get listing for ECI on any Exchange. Even in this worst case scenario, all members join hands in educating the community and stand united. For example, we will share information on frauds, scams etc. We will advocate together and self regulate to promote confidence in ECI members. So, even in the worst case scenario, we will make sure that annual membership fee is well worth the money
The biggest benefit of crypto industry is the ability to reach out to community directly without middlemen. The community gets to decide which crypto venture deserves their time and money.
I like this idea - an ETF style 'coin' to provide more security and draw attention to all coins involved. Have there been any additions to the provided list? Also how do you anticipate this coin will be received and/or improve the price action on BCRM and all other respective projects involved? It seems like you'll have a much easier time raising funds that you'll need for listing on bigger exchanges given the bigger pool of resources you'll have to draw from, correct?
I would also like to suggest the following project - Epic, which appears to be just starting out. Not sure if they if they qualify, but they appear to have the same purpose as several of the other coins that are listed, and they use the Mimblewimble algo like Beam
https://bitcointalksearch.org/topic/snipped-5112108