I like it, especially the contest for trading is going to be interesting.
However i would suggest putting some funds in escrow for the contest. It's not only for the contest but rather will prove that you guys are for real here and be beneficial for your image on the forum in the long run.
Hopefully you guys can also get some more pairs listed because these coins are already traded on major exchanges.
Great, we are looking forward to it as well because no other exchange has done this before from what we researched.However i would suggest putting some funds in escrow for the contest. It's not only for the contest but rather will prove that you guys are for real here and be beneficial for your image on the forum in the long run.
Hopefully you guys can also get some more pairs listed because these coins are already traded on major exchanges.
We will discuss the escrow for the contest funds within the team. In general, I do not see a problem to set up a multi-sig escrow for the contest funds if it this will help to increase trust in our team.
Our plan is to roll out new pairs based on the community support and their activity. Each pair means additional infrastructure costs which are not low in case you want to offer smooth trading experience. We have secured funding from two local angel investors but we do not want to burn money just for infrastructure.
We are just testing newly added trading pairs which will be open during the Alpha.
If Coinbase is adding 100k users daily we have a lot of work to do on the marketing side of the project and community engagement.
However, we are sure that thanks to our different approach we will attract many traders who will want to try something different and better from the industry standard which we have at the moment.
Alpha is coming soon:)