A Bit about Listing on Different Exchanges!
Earlier today there were two tokens that were listed on Yobit. One of them is Beat.
This is their Website
https://beat.org/
Their Token sale has been extended.
They have already sold 150 million BEAT worth 2.9 million Euros. They are planning to sell 4.85 Billion tokens in the next 15 days.
But they have not had a single trade on Yobit all day today! This is just an example. See Screenshot below. And the comments received by the project are not good either.
We do not have anything against the beat project! We wish the beat project well! This is just an illustration of reality.
There are several listings with a similar reception.
Moral of the story. It is not the number of exchanges that you list your coin in that is important but it is number of investors who wish to buy and hold your coin that is important!
It is important that we take our project to as many people as possible in the different parts of the world that we are lucky to have representation in and educate them about the uniqueness and the usefulness of our project. That is the kind of focus and handwork that will get our project to the actual heights it deserves.
Every one is doing a wonderful job already. We just need to think of more innovative ways to grab the attention of the huge number of investors who are out there!
Increasing our user base is the Key!
Earlier today there were two tokens that were listed on Yobit. One of them is Beat.
This is their Website
https://beat.org/
Their Token sale has been extended.
They have already sold 150 million BEAT worth 2.9 million Euros. They are planning to sell 4.85 Billion tokens in the next 15 days.
But they have not had a single trade on Yobit all day today! This is just an example. See Screenshot below. And the comments received by the project are not good either.
We do not have anything against the beat project! We wish the beat project well! This is just an illustration of reality.
There are several listings with a similar reception.
Moral of the story. It is not the number of exchanges that you list your coin in that is important but it is number of investors who wish to buy and hold your coin that is important!
It is important that we take our project to as many people as possible in the different parts of the world that we are lucky to have representation in and educate them about the uniqueness and the usefulness of our project. That is the kind of focus and handwork that will get our project to the actual heights it deserves.
Every one is doing a wonderful job already. We just need to think of more innovative ways to grab the attention of the huge number of investors who are out there!
Increasing our user base is the Key!
Dont worry, once we get 1 exchanges listing and give a bounty to ezxhanges members, our user will be increase gradually..then we do ico extention in yobit..now we are in this phase ..
pwrproperty, Thanks for your good suggestion! See below my explanation of increasing user base with airdrops.
I have a list of 100 K WAVES Address of WAVES Holders taken from here.
http://dev.pywaves.org/balances/
This list has more than 270 K in it. But up to 100 K the balance is around 0.05 Waves. So if someone wishes to buy a few SWAT or even sell it this balance will help them to meet the minimum transfer fees.
I have converted this list into a CSV file. You can do a bulk transfer/airdrop on Waves with a csv file.
The WAVES Decentralized Exchange has a daily turnover of 5.66 million USD.
If we give the top 10000 Waves holders 50 SWAT each (total 500000 SWAT) through an air drop do you think this will help in increasing volumes and pushing the price up? I am sure it might actually reduce the price and these coins will come back to us through the buy wall.
So although we can increase the user base instantly to 10 K or 100 K users by giving a airdrop, these users will not have any knowledge about our project. The right way to increase our user base will be to educate them about the project and get more informed users who believe in the project and those who will buy at the right price and hold for the long term. This involves focus and hardwork which every one of you are putting in already! But it will take time before we see the results that we deserve!
But it is worth a try. We will be giving out 500 K SWAT as airdrop. But get 10000 users in the process. I can send them our Bitcointalk link in the message slot (if it accepts links) and hopefully we will get some more good investors from this for the long term!
