thoughts:
allcrypt ... if we can get in contact with them then it becomes UNO pair trade central
coinbroker.io ... perfect name, exclusively trading large blocks of prime ALTs. They act as 'broker' UN EX sets up the deals and the trades clear via coinbroker.io
All this is later, down the road stuff, but those are 2 platforms sitting idle in need of business. If they can shutter and lockup for 4-6 months then there is a real opportunity, me thinks.
What does a non-working exchange go for?
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I just visited them.
Never heard of either.
Actually buying could be a good idea.
I would have to see their p/l, and ongoing costs.
As well security would ALWAYS be a problem, the more popular you get the more hacks you entertain of course.
I am definitely NOT a dev/programmer, so hire is much more difficult (for me) as is 100k each physical body at work.
24 hours a day, 7 days a week, is minimum 500k just in wages. (in Oz anyways).
(without that you just have a business that is setup up to fail anyways.).
I am talking trading pairs, financial business here not small retailer that just needs stock and order processing.
Outsourcing never works as service business require customer care.
Would be interesting to know how many they were trying to run with.
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That said, purchase for reasonable multiple.
profit times six or seven = zero, so is a start point, plus assets and Intellectual capital if any. (minimal because there are so many popping up, so cant be much).
(
This also a bad point, lots of competition for such a niche thing).
delete all bad pairs, be more lke MCXnow was only 5 -7 maximum
BTC, UNO and not much else hehe. (I like nxt because of possibilities above, chock full of devs, not because it is good system, but could be great).
then the smart piece, POINT OF DIFFERENCE.
Attach a marketplace, where people can actually spend their crypto. (more upkeep though).
Second set of commission taking here.
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could serve as our centralisation,/ hangout.
trouble is especially dealing with (US A)uthorities KYC etc. would be problematic.
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Good and bad sides to everything.
Total market I think would actually be tiny, as crypto to fiat would be most of the universe.
Coinbase ( big business big money names) have that wrapped up.
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I like the thinking though, maybe a bit early
I am talking crypto to my circles, not so many think i am totally mad anymore. Just mad.
Regards,
Tacktic.