Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Stegos - Completely Private, Confidential, and Scalable Cryptocurrency
by
invincible49
on 03/11/2019, 19:47:35 UTC
hm... bounty program looks promising, but why you still not on CMC or any exchange (!you get at ICO $15,850,000!)?
Well just like other projects, startups, Stegos is still in its early days and trying to reach the way to stability. But don't make mistake their private sale with ICO. They raised funds from private investors and soon they will conduct IEO. That's why they can't list the token on any exchange right now let alone CMC.


Coinmarketcap requires a coin to have a massive daily volume on an exchange before it will consider listing it. Which big exchanges with good volume are you considering trying to get Stegos listed on?
Big exchanges without fake volumes are hard to find and whichever exchange has non-manipulated volume ask a lot of fees and moreover exchange like Binance has less manipulation but it depends on it's IEO launchpad projects and Binance's own hype. Problem is big exchanges now want good project to do IEO on their exchanges first which result in listing for trading. That result in paying up to couple of hundred thousand bucks, and extra more coins to the team as compensation to keep up the price from being dump hard. This team has been at it for a long time and looks like they are quite busy developing the chain rather paying astonishing money to big exchanges for now. Direct listing in big exchange always require high quality tech, products, wide range of marketing activities, hype which is what Stegos team is currently trying to do while building a great blockchain for privacy and speed with lots of other cool stuffs. Maybe after achieving this they can make the final push of doing an IEO Marketing Event. Let's hope for the best now!