Just me doing some thinking again. In my mind the small volume exchanges, I have a hard time seeing a need for them and that they might cause more bad then good, as we seen some in history. Would it be a possible to skip the phase 1 exchanges? If there are a good strategic reasons to apply to them that I fail to see then I have no problem with them.
I have also been thinking about the importance of reaching regions like the US, Asia/Korea, if that could be a priority goal either through centralized or decentralized options.
Also the Malta VFA license have me thinking what if it could be re-used for applying to other exchanges.
Thanks for sharing your thoughts on this, and hope you’re having a great weekend as well!
Without a lot of funding, a major product release, and recent strong trading history, it’s unlikely that listing on Phase 2 and 3 exchanges will be possible at this time. Rather, listing on the Phase 1 exchanges incurs less upfront cost (i.e. easier fundraising target), need not be contingent upon but can rather build enthusiasm en route to a Fleming release, and provides an opportunity to demonstrate demand for and stronger trading history.
The hope is that the Phase 1 exchanges can strengthen MAID’s global trading footprint/access points. @Birdinc1 can also provide a bit more context on why starting small is likely best/most feasible at this time.
This is a great suggestion. @dirvine, is there anything that could be shared with @Birdinc1 to help facilitate conversation with potential exchanges?
How lucky we were to avoid the 150 million $ KuCoin’s hack…
The only real option for me is the decentralized exchanges, they already have huge liquidity and there is no need to beg and pay someone to give them our money so that someone can steal them…
At the time this proposal was made ERC20.MAID wasn’t yet a real option on the table. Now that you’re working to make ERC20.MAID a reality, that might change the chessboard some. However ERC20.MAID also opens up a lot of other avenues too, like atomic swaps via MEW, I imagine, among other things.
This whole blockchain/token island thing is why I think IBC is a big deal but when I posted about it in another thread I seemed to be a minority in seeing the benefits.
IBC is a TCP/IP-like messaging protocol built to share information, data and token transfers etc between blockchains.
IBC can be used by any application which builds on top of reliable & secure inter-module communication. Example applications include cross-chain asset transfer, atomic swaps, multi-chain smart contracts (with or without mutually comprehensible VMs), and data & code sharding of various kinds.
Currently working on an exchange listing app that wants to know if there were any notable investors/participants in MAID. If there were any notable investors/participants, could you reply to this post identifying who they are/were?
In addition, the exchange app wants to know about listing history. Does anyone know when MAID was first listed on HitBTC?
Thanks! Brock was the most famous participant (& I think he probably still holds at least a bit of MAID too). Were there any others? I know Roger Ver still follows Maidsafe, but I’m not sure if he actually was an investor.