I'm concerned about exchange listings here. With the amount of software and the caliber of the team, I would have expected it to be listed on a higher-end exchange -- maybe something like Binance or HitBTC?
During one of the live video chat's with Adil he mentioned that their focus was going to be on ensuring that the Merit Market was fully operational before pursuing any exchange listings, not because of the technical aspect of the listing, but in a coin's early stages, it causes the team or in this case, the Merit Foundation to pay absurd prices for such a listing and generally new coins end up on third-rate exchanges. However, with the expanding user base and use of the Merit Market, volume baselines and interest can be established and it will allow them to skip the lower end exchanges and actually be pursued by the higher end exchanges and usually when this happens, the exchanges reach out to the team and waive the listing fee, so in the long run, I believe in this strategy.
This is actually a good reason to wait on exchange listings -- especially if they can pull it off. I've heard that exchange listings are crazy. Many cryptos do some kind of donation-drive for this.
Saving the huge fee would allow them to put that money somewhere more productive, I'd hope.