About the exchanges anybody knows what are the prices to get in?
I heard some are quite expensive, some take an hell of a lot of time to get in, others are just incredibly expensive and take very long time too.
Etherdelta its quite easy but i don't know if its a good idea to start in there, it's quite difficult to use and potentially unsafe.
All this medium small exchanges like cryptopia, liqui are that difficult to get in as well? Did i miss any of them?
Talking about small exchanges I like more cryptopia. Imo we need a list of costs and terms of different exchanges to get an idea. We'll have 300k MVT tokens managed by the community for bounties and other useful things, we also can contribute by ourselves... I mean, we can try to get a good exchange.
On cryptopia is 5 mill DOT which at time of writing is ~ 4.85 BTC the fee; on coinexchange.io (which is better than cryptopia in my opinion) is 1 BTC the listing fee.
It's still a considerable amount of money.
I wonder if we would be better off at least for these initial phase where everything still need to be built and gain value, to make a smart contract where who want to buy send directly in the ETH and get the tokens, basically in a similar way as the current ICO are working now with the only difference that we could:
- Set a starting price X as the current price P, if nobody buy at that price the price go down of P minus Y overtime
- When there is a buy or a certain volume bought the price is increased by P plus Z
this could be quite fair in my opinion.
This is just an idea from the top of my mind, is not impossible to do but i don't have either enough experience with smart contract to confirm is doable 100%, Pallas what do you think?
Anybody else as some alternative idea?
wow at that price, in a few years that 4.85 BTC is gonna be like $300,000... IMO we shouldn't invest in old centralized structures like crypto exchanges. The future is decentralized and this project is one of the pioneers in the decentralization Movement. That's how I see it. We should think about using skills and funds to work on our own decentralized exchange, that would be an ambitious use of funds
Or/and we should embrace Etherdelta and contribute to make it better. We should also create guides in most languages to help teach ppl how to use it well (because it's not so easy for everybody to use yet indeed)
Just my 2 tao's... what do ya'll think?
this make sense as well
We can still try Bittrex as their policy seems made for this token :
"At Bittrex, we look for coins that have high community demand, innovations to digital currency technology, or a contribution to science or humanity. Given the demand for currency launches, we limit ourselves to only a handful a week. Launching is free and at our discretion."
https://support.bittrex.com/hc/en-us/articles/202583854-Submitting-a-Coin-to-BittrexOtherwise, I believe too that decentralized exchange is the best, but i wouldn't go for creating a new one. There are already plenty of them working and more coming. We would be a drop in this ocean unless we manage to create huge demand.
That smart contract idea is still nice too but i wonder if this is appropriated to a token that proudly claims "No ICO, No funds raised"?
You might all see that i sometime plays the devil's associate but that's solely in the intend of debate forwarding