Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Datawallet - Make Your Data Work For You
by
magisterr
on 12/05/2018, 11:36:44 UTC
What exactly is the marketing strategy for Data Wallet? Is it underway? I still am seeing very little buzz for it.

They are very active at different blockchain conferences, this is a part of marketing strategy. Also they provide incentive contest every time DXT enters a new exchanges.


Datawallet at Consensus 2018 + Vote for us at the Insights Innovation Competition


https://medium.com/datawallet-blog/datawallet-at-consensus-2018-vote-for-us-at-the-insights-innovation-competition-6b2a8e5f0b23

The conferences is great and good for marketing. But they must hit to biggest exchanges before Consensus 2018. People just want not invest in project (even if he is good) when this project trading on bad exchange. And only one exchange. Just add new big exchanges, and new investor must come. People buying when price high and coins trading on a lot of good exchanges.

Voted for Datawallet  Smiley

We have multiple times addressed this exchange listing topic as much as it's possible. Given the regulatory uncertainty (and the currently tightening regulatory environment) we cannot give you a specific date of a possible exchange listing. DXT is a utlity token powering data exchanges within the Datawallet platform. By actively creating a secondary market and even announcing when an exchange decides to list our token it may be seen as an effort to converting it into a security - which it is not. Speculative secondary trading is against the spirit of the DXT token and Datawallet project. When having conversations with exchanges we have to make sure that a listing would not change the DXT status and that everything complies with current regulations. This is all just to help you understand that the whole process is not as simple as the technical integration. Further, also just as information, a friend of mine from OKEx (currently the biggest cryptocurrency exchange by volume) recently told me that all throughout 2018 they are so far receiving about 40-50 applications a day of projects wanting to get listed - and from those half are basically scams and the others they review. Afterwards, it's a long process of due diligence, NDAs, technical tests, etc. - and lastly, it's debatable if paying 3-5% of token sale proceeds to get listed on a single exchange yields the best long-term value for stakeholders. I hope this explains a bit why we can't tell you "big exchange in x days".

You are a solid good project, and I see that team working hard. And marketing good as well. But without top exchanges (at last one) all this are useless. Solid investors interesting only in coins which are in top 100 and on top exchanges. And pay for listing at last for one top exchange (Binance, Okex, Huobi - worth it). To Binance is to hard hit right now (they listed only 1 token (loom) and 1 old coin (bytecoin) for last month - and you can see how increased cap after this.  But Okex and Huobi taking 500k usd worth in tokens for listing. Not much and even not in ETH. And you have tokens for marketing... so may be you can spent them for listing?