from authorship
Hello,
We would like to announce that the Authorship Token is available for trading on HitBTC, one of the worlds largest crypto trading platforms.
Both the ATS/BTC and ATS/ETH pairs are available.
We also want to clarify a few things regarding the recent low price the ATS token is being traded at as we received numerous inquiries about what can be done about it and why the Authorship team isn't doing anything about it.
One of the main reasons for the price drop is that most bounty participants sold and still sell their tokens for the lowest price they can receive, being impatient to convert the tokens to ETH or BTC even if they receive 10 times lower than the recommended trading price. Unfortunately, this is an aspect the Authorship team cannot control, many do not care what they receive, and until all those cheap tokens aren't being bought by serious long term hold investors, the price will bounce between this low prices.
If you are an investor, you should see this low price as an opportunity to acquire more tokens for a much better price than the ICO cost was. Our project is only months away from being launched and while we aren't allowed to speculate the future value of the ATS token, we are confident most of the investors are aware of the impact the project launch has over a token's price. This is also an opportunity for investors to reach a profit sooner by purchasing cheap tokens. By the time the price goes over the recommended minimum trading price, you'd be in a healthy profit. This is an opportunity we warmly recommend investors not to miss.
We also want to let everyone know that our team is working hard on building the project we raised funds for and we expect a beta version to be ready in the coming months. One of the most requested features authors asked about was the "one click import" of their Amazon published books. We are happy to announce we have implemented that feature so that authors can automatically import all of their published books into the Authorship platform with just one click.
We'll publish updates on our blog from time to time to keep everyone updated about the status of the project. Also, it is expected we'll get listed on another important exchange in November (more news to come).
ATS/BTC trading link:
https://hitbtc.com/exchange/ATS-to-BTCATS/ETH trading link:
https://hitbtc.com/exchange/ATS-to-ETHSo TL;DR
- Investors need to buy more tokens (lol)
- We can't speculate on the price (But marketed saying $0.15 each, lol)
- No screenshots, or proof of the Platform still.. Despite it being beta ready in a month or two (Where is the Alpha screenshots or storyboards etc)
I heavily defended ATS, but I'm becoming increasingly frustrated by this.