Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XAS] Asch | Decentralized Application Platform Based on Side-chain
by
Noruka
on 19/03/2018, 23:26:46 UTC
i heard that the team announced xas will list on the top 5 exchange on 2018, do you guys know the exact time? i hope its not the near time since the market is bad

Where did you see or hear this (can you post proof)?  I'd like to think Asch should be able to at least get on Huobi or Okex...

I just read somewhere that listing on huobi or okex will cost a lot, for example, if you want to get listed on huobi by voting, you need to buy at least 2.3 billion HT, which is about 4.6 billion usd. That is not easy for asch in my opinion.

I think you are slightly off Cheesy Imagine it would really be the case that you had to pay 4.6 billion USD for a listing. I doubt Huobi would still be around Wink

 Cheesy  yeah, I'm assuming gomei meant AT MOST 2.3 million HT because the total supply doesn't even exceed 500 million...Even still, that's just the voting cost, if they were to pay straight to get listed (without vote) its not going to cost $1 million +.  I've heard of several hundred thousands as numbers being thrown around for exchange listings, but it could also be just a five digit number as well.

I don't think the team wants to spend that much while the share price is this low.  Maybe when Asch breaks out or the next bull run comes, and each share is valued at say $10, they may be more open to paying for exchange listing, but I'm just speculating.

$1 million + really hurts a project that should focus on spending the resources on development for its most part. The world becomes a better place by having stronger development, but not by having stronger central point of failures aka exchanges.