A practical approach to exchange listings

[Sotros25]

@peca

The main thing I dont see here is why is low trading volume problem (in other way than exchange listings)?

This is addressed in detail here:

@Sotros25

Increasing the number of exchanges would increase liquidity, signal a revitalizing market, and lower the risk associated with taking a substantial position.

And here:

@Sotros25

Without adding additional exchanges it’s unlikely that volume for MAID on Bittrex could ever increase to $11M a day.

Cardano’s volume on Bittrex (and on any one exchange) is tied to the total market volume for ADA (i.e. the fact that ADA is on many exchanges). …

Multiple exchanges mitigate risk (e.g. absorbing shocks to supply and demand, minimizing the impact of manipulation or delisting, etc.). The optionality multiple exchanges provide produces the market stability that gives people the confidence to invest/trade.

And here:

@Sotros25

As much as people may like an idea, they won’t invest en masse if the economics don’t make sense, i.e. if it will be hard to realize any return on investment. Right now, the economics for MAID don’t really inspire confidence because the market is too shallow and there’s not enough liquidity or exchange access. People will not (in large numbers) take this project seriously until that changes. Unfortunately, exchanges are wary to take the risk of listing MAID until they start to see more volume and liquidity.

@Sotros25

…the roof without solving the liquidity/exchange listing challenge is probably top 70 if lucky, but probably more realistically at barely cracking the top 100 again in a sustained way.

I know the idea of investing to fix MAID’s exchange exposure & liquidity crisis is uncomfortable for many here, but I do hope we can rally to get this done. Last year when the idea of a Safe Community Foundation was floating around the forum, many people were against it / scared. Now we have the BambooGarden Fund. I hope a similar breakthrough will occur on this front as well.