Quote from: IeSua on April 26, 2018, 03:58:40 PM

Quote from: Enjoyinglife on April 26, 2018, 03:13:02 PM

Just hoping that they list on a good exchange from the start, like Binance, and not a shitty one wich we seen ICO:s do so many times before, its really wrecking when they do that.

Neon exchange is a decentralized exchange platform. And it would be quite logical if NEX would be the first exchange. And if I remember correctly - NEX its Security token.

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Q:So NEX is a security right? What does that mean exactly? The Token only will be available on the neon exchange? In order to get the exchange dividends are we gonna be forced to put our tokens on stake mode? If so, once we put our tokens on stake mode does that mean we are not gonna be able to move them or sell them for a specific period of time? (u/sersimovi)

(U) NEX is a registered European security. It will be traded on NEX exchange, but that is not the only place it will be traded (I cannot say more than that right now). Being a registered security is amazing for investors. It means that all of the sketchy things that so often happen with cryprocurrencies/tokens (things like market manipulation or insider trading) are made explicitly illegal. It also means that we, as a company, go through an extensive audit. For that, we have partnered with the top tier accounting firm Ernst and Young.

The staking model means that you commit to staking your NEX for a certain amount of time to receive a share of fee revenue. The minimum amount of time you can stake NEX is one day. The maximum time you can stake is two years. While staked, you cannot move or sell the NEX tokens.

(C) All that plus the investor don't need to fear it will crash because someone classified it as a security in the future.

You are absolutely right, NEX is a security token and because of that it will not get listed on many exchanges, but I've heard it should be listed on switcheo very soon after the ICO.

For me big exchange listings are unimportant because I will invest for the long term and will benefit from the passive income in the future.