Re: (JWL) JEWELS 🔷MMORPG 🔷 ICO OVER 🔷 TRUSTED DEV 🔷 337 BTC RAISED!
With that said, there are 2 key reasons that we went the route we did which is the PoS factor which gives people a slight reward for continuing to hold their coins albeit this is not a required thing as shown by BCY. The other reason is many of the less established exchanges, take Yobit for example do not support listing NXT, BTS, etc. assets. Now Bittrex and Poloniex on the other hand are a different story and we can clearly see they have listed assets before. In the unfortunate scenario where the crowdfund didn't raise as much as it did, suppose it only raised 100 BTC or even 50 BTC it would be far more difficult to get listed on the higher tier exchanges as based off our current discussions with Bittrex it's far from as simple as "here's 3 BTC sir, can you now list us," where as with say Yobit it is that simple. It's clear both Bittrex and Poloniex hand pick what projects to add and require said projects demonstrate credability over time before adding them.
All in all what I'm saying is if we were in a position at the end of the ICO where getting listed on a tier 1 exchange seemed unlikely, we needed to be able to be easily listed on one of the other exchanges. Given that our coin is simply a clone of an existing PoS coin with minor modifications, it's not of great difficulty for any exchange to add it as it follows the pretty much exact same RPC api that Bitcoin uses.
i believe it costs 3btc to get listed on bittrex with spotlight (or 5). with the ico funds, i'm sure dev team can fork out that in exchange for a liquid tradable market for JWL on a reliable platform run by 2 security experts.
OP you might want to consider this..
Imo you don't need to actively pursue getting on any of the smaller exchanges like yobit, 1ex or coinexchange. ( they will have much lesser - less than 1-5% - of liquidity on bittrex ). Just focus on listing on Bittrex and everything should work out fine. Continue to do a good job developing the platform and managing the coin and community , and you'll eventually end up on Polo too.
I addressed this for the most part in the above question.OP you might want to consider this..
Imo you don't need to actively pursue getting on any of the smaller exchanges like yobit, 1ex or coinexchange. ( they will have much lesser - less than 1-5% - of liquidity on bittrex ). Just focus on listing on Bittrex and everything should work out fine. Continue to do a good job developing the platform and managing the coin and community , and you'll eventually end up on Polo too.
Thanks for replying, and its good to know you will be working on getting listed on Bittrex.
Though they say it's not as simple as just giving 3 btc, judging from how the project looks right now, i'm pretty Jewels will be able to get on trex without even paying anything. Maybe it just needs some push from the community here to drop Bittrex a couple messages/tweets about Jewels.
