Post
Topic
Board Tokens (Altcoins)
Re: Dragonchain Token Sale
by
NewWorldCoiner
on 15/12/2017, 16:01:18 UTC
Add to Binance, Bittrex or other markets will make users easier DRGN transactions, I hope the team soon realize.

Since the ICO raised millions, they shouldn't have a problem to pay the fees for a lot of exchanges.

I hope the team never puts a dime into exchanges. I don't want the price manipulated by FOMO and FUD. I want every single ICO who wants to incubate on the dragonchain system to have to have a difficult time buying their DRGN, not get some crypto group to nonsensically FUD the hell out of it to drop the price so they can buy in cheap on some trash exchange. Exchanges are not always the route to your profitability dreams. I get it, a lot of folks want to see price movement fast and high but it's not going to happen overnight and exchanges are not necessarily the route to that.



The team has already said repeatedly that they have been told by their legal advisers not to solicit exchanges. They have also said that projects that want access to the incubator platform will have to buy DRGN from them at a premium. However, at the moment we are only on one exchange, which a good number of people do not want to use. So eventually, when everyone on EtherDelta has had their fill of coins the volume will tail off and the price will fall. It would therefore be in the best interests of the team to have DRGN listed on as many exchanges as possible, it raises awareness and adoption, and also supports the price by providing additional liquidity.

I don't see where any FUD would come from, the team is legit with a wealth of experience, and the project seems to be one of the best out there. But if there was an attempt to start some FUD, then being listed on just one exchange will definitely not help in regards to supporting the price. The more exchanges the better.