Ok you share the income from the exchange but frankly it's a lot of others do: COSS, Kucoin,....
And you don't think you can compete with Kucoin or Binance, do you?
Hi Dronstop,
Yes, you are correct that a few other exchanges do have some type of reward aspect but these programs are limited in scope or duration. With Jarvis the target audience and scope of services is different. Currently there are millions of people around the world who trade traditional financial products such as FX, CFD's, and more, they would like to become more involved in the crypto market but in general the user interfaces and trading experience with most crypto exchanges is just not very good. Our target audience and user base is not just the existing crypto community but more the non-crypto community who are trading other products or not trading at all. We are already seeing that exchange fees in crypto are following what happened in the FX market are becoming more competitive and will eventually go to zero. Jarvis is focusing on the delivery of a wide range of solutions which benefit from the interface and will be capable of generating revenue from a wide range of products and services outside of exchange fee's. So as time goes on and more integrations and solutions are included with Jarvis and the community grows the revenue will grow even if our exchange fee's go to zero. This is far more sustainable and beneficial for the community and long term success of the token than just exchange fees. One example of a different type of revenue stream in Jarvis. There is a trading community which likes to share charts and information between traders. The lead trader provides many services for free but can also provide additional paid services for a small fee such as $25 a month per client. Jarvis makes it super easy to share charts and information with specific clients and also helps to facilitate the automated collection and payment of this fee from the client. In exchange for helping this trader up-sell their products and services Jarvis collects a small fee just like if the company used an external company like paypal or other online subscription solution. This is a win for the client, the trader, and Jarvis. With thousands of such traders and services the revenue from this type of interaction will quickly surpass what is made from the exchange.