Effectively counterparty is slow but at least it decentralized and that's what i appreciate in counterparty.
About all these questions related to exchanges, we don't want to list the token on a "shitex", and the big exchanges are too busy with BCH and the regulations.
I am thinking about making a small exchange for NVST/BTC on the website untill NVO is ready. Will talk about that will Yani and Ton
Nemgum. Instead of redirecting your valuable attention away from developing the NVO Dex, why not just pay the 1 BTC to NovaExchange and have NVST listed quickly without the voting process. Nova is a small exchange but easy to use. At least this way people who want to dump NVST can and the rest of us who want to get more can buy at a better price.
https://novaexchange.com/addcoin/Your thoughts?
If it was just about paying to get listed, NVST would have already been listed in different exchanges. It is not about the fact of been listed, it is about the quality, the volume, the reputation, all these aspects have to be taken in count in order to provide the best access possible and a good protection agains manipulations. Even if exchanges like bittrex and poloniex doesn't really offers a protection against pump&dump, they are widely used which is a good counter weight.
they already have an exchange set up from a previous privately held project that never launched (they saw the benefit of a decentralized exchange over building another centralized one and stopped work on it to start development of the fully decentralized NVO instead) - not sure how ready-for-prime-time it is, but if it's almost complete, why not? And at this point I think there's a philosophical aversion to paying someone to list the token...I mean, why pay someone to list it if they're already going to take fees?
they already have an exchange set up from a previous privately held project that never launched (they saw the benefit of a decentralized exchange over building another centralized one and stopped work on it to start development of the fully decentralized NVO instead) - not sure how ready-for-prime-time it is, but if it's almost complete, why not? And at this point I think there's a philosophical aversion to paying someone to list the token...I mean, why pay someone to list it if they're already going to take fees?
Understandable, however, the main ingredient in any exchange (centralized or not) is liquidity. Deploying a small BTC/NVST exchange on the website will only benefit current NVO followers/contributors. Nova already has the members and liquid to expand trading NVST.
I do get the philosophical aversion if that is the only way to get listed. It takes a lot of work for an exchange to list a new token and unless the volume would guarantee investing in the effort, it is the reason exchanges pick and choose what they list. In Nova's case, it is more of a reasonable fast tracking fee and benefits the NVO community by introducing the token to a large audience.
It is not that easy, needless to talk about the different aspects to check, the aim and objectives of the project have to be taken in count regarding the decisions, even if the community have a great role to play there.
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Nemgun,
I don't believe that you should worry yourself too much about listing NVST. It is on Counterparty and that should be sufficient until the project is ready to be launched. The majority of people invested in NVO are in it for the long term. Those clamoring for listing on other exchanges are simply trying to make a quick dollar. They can't see the long term value of NVO. My thoughts are that you should simply focus on getting the site completed and make it be better than any other DEX. The value will come once the project has been launched. NVO is not getting any press right now. That is the only reason that the price hasn't skyrocketed. And to be honest, you don't want NVO to be pumped and dumped. It is best to grow it organically. That's just my personal opinion.
you don't want NVO to be pumped and dumped. It is best to grow it organically.
It is one of the aspects that have to be taken in consideration. We are focused on what have to do, and follow the priorities. I believe that everything will come in time.
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I mean you will physically have to stay out of countries that would charge you with running an illegal exchange.
It depends of what you understand from Decentralization, or are you talking about us physically, in person ?