Hey CoinMetro passengers!
Here are the
written summary notes of the latest AMA from CoinMetro CEO, Kevin Murcko!
i like this part:
Token Minting and Distribution
- Still on track to mint and distribute before the 31st of December.
- All three trading platforms will be live: Simplex, Intermediate, and Advanced.
Exact date is still unclear, but at least we know it will be opened before of end of this month. Hopefully there won't be any more delay and coinmetro opens.
If the market goes even worst and i believe there will be another delay. But it's not yet confirmed and when the developers will try to listing this coin to the another centralized open market?
ooooo man we need a lot of explanations for this thing.
No delays are expected. The platform is believed to go online this month.
As for exchanges, CoinMetro, is an exchange, and it is of their best interest to keep it there.
Initially, XCM will be tradable on our own exchange. Listing a token on multiple exchanges is actually counterproductive. Given the limited supply by its design it is an illiquid asset, so spreading it thinly across multiple venues simply makes more illiquid, and as most volume will be on the sell side initially, this simply leads to more downward pressure.