5 year Journey to $2200 continues:
1. Leverage
*completed*, price went from 80 cents peaked at $5 with Binance launch, waiting for waves platform to offer similar instruments inside wallet
2. Lending program for token issuers top 20 without risk of liquidation for example $100 000-$1 000 000 per wallet repayable over long term (5-30 years) at low interest fixed in USDT not waves because the reason for buying waves is partly hedging against USD.
3. Fixing WCT voting on tokenrating
4. Beating competition by implementing daily liquidity support for top 20 token markets using a share of your 30k BTC ICO funds. Launch a marketing campaign with prize winners receiving increasing value of daily liquidity support, for example NR.20 token project on waves gets $100 of daily liquidity support, NR.1 project gets $5000. Liquidity support can be derived from waves team wallet balance using a share of weekly staking rewards. New projects will choose waves platform over competition if you implement this and price will soar to
triple digits as this will increase user acquisition and vastly increase quality of token launches on waves.
5. Get a good merchant partnership and create a payment widget that automatically converts from fiat into waves upon customer payment. Make this widget easy to install on any website and make it well designed UI. Value of merchant capture estimated at 0.5-1% of annual global 20TRN retail market. Price moves into mid triple digits when this advancement is successful.
6. Launch branded debit card using third party cryptocard providers such as getblockcard. They only need 1k referals to list your coin on their platform. Crypto debit cards is a sophisticated marketing method and good intermediate bridge before QR mobile scanning in a few years. Partner with visa or crypto atms to get waves introduced to wider audience. I understand that this is very hard achievement.
7. Launch a good value for money marketing method to reach new users such as wrap styling a fleet of city cars. It is popular here in Czech Republic and it is a concrete way of demonstrating what crypto is instead of obscure internet trading that mainstream doesn't understand. Write crypto = stocks in campaign slogan because everyone knows what stock trading is and they will learn about crypto and blockchain from this point of basic knowledge.
8. Auto indexing of top 20 tokens so that traders don't need to manually search for markets. Make this tab separate to primary exchange list and sort top 20 tokens based on ranking on tokenrating and daily volume (excluding wash trading or fake volume).
Main value of $waves is in token projects both from a revenue and user acquisition viewpoint. This is the main method of user acquisition and there are several very good platforms that are competing with waves so the cost of ignoring token projects can be detrimental mid term because it's about capturing retail market as this is where multi billion market cap is at.
9. Increase trading fees and token issuance to promote higher quality of new tokens and revenue generation for leasers that is based on real activity not fake inflation. Primexbt charges 80 cents per leveraged trade and their daily volume is $500m so this is not a problem. It will attract serious institutional money into waves so forget about appeasing micro buyers, that phase is over it is time for institutional x100 phase.
10. Fix your bad reputation in WUSD and coinomat. Pay the outstanding debts which is a few hundred thousand dollars because it is costing you multi billions if this lingers when merchant phase begins next year.
Everyone will go elsewhere if you don't fix point .10 it is urgent. Marquise $Museum already migrated to Turtlenetwork because of this bad development and I advise new users to keep maximum $10k or 1% of portfolio on waves because we simply don't know if they will implode at double digits.
Turtlenetwork is a fork of waves with the same exchange layout, coin & wallet, fee structure and tx performance. It is valued at 1/300th of waves with
1/10th userbase and 40% node power compared to waves platform. This means you should buy Turtlenetwork:
https://waves.exchange/trade/TN_WAVEShttps://coinmarketcap.com/currencies/turtlenetwork/https://wallet.turtlenetwork.eu/sign-inThey control one of the main leasing pools on waves network (Blackturtlenode,
http://dev.pywaves.org/generators-weekly/) and are EU based with much better access to VC and capital markets as Russia is sanctioned for Accredited American and EU investors and can never access the real money. Waves is open to Asian capital markets which is still valuable.
Reason TN is overlooked is because WCT voting stopped in february locking rating at 1.7/5 stars, untracked on cmc which makes it invisible/must be manually searched for. Dex application was sent to CMC this summer and will be indexed sometime. Exchange UI update was launched in june so market simply did not catch this x1000 yet. This is where generational wealth is made and I bought in on a complete coincidence so this was very unexpected.
9% month/month growth:
https://www.alexa.com/siteinfo/turtlenetwork.euhttp://statistics.turtlenetwork.eu/generators-weekly/