Copy pasta of IOTA and no mention anywhere on the bitcoin talk page or website?
Seems entirely disingenuous and scammy as shit.
Well, they could have at least put some of their tokens on other markets to trade..
Thats the biggest red flag for me. If the market cap is truly three quarters of a million dollars it should be listed on ANY other exchange that isn't run by the dev, even if its a shitty exchange like Nova... the cost to get listed is only 1
BTC, with a market cap this high that should be affordable for the dev. The second red flag is the lack of buy support in the order book on the devs exchange. With no buy support and no other exchanges, all the dev has to do is disappear and suddenly you're stuck with empty pockets holding some bags.
Why you want a shitty exchange like Nova?
Do you think being on a big exchange is the only important factor? Did you see Monetha? They are on HitBTC and dumped like crazy.
Aidos will be listed on a
big exchange and
banks with fiat pairs
(soon).
If you still not believe, it's up to you, but you are wrong, let me say it.
Come on you guys...just study a bit and do not judge in advance.
It matters because Nova is a third party and transacting through a third party lowers or completely removes counterparty risk.
You are talking about buying a fairly expensive asset with large counterparty risk because the Dev is running the only available exchange.
Anybody with common sense will tell you investing in this right now is a bad idea.