You are the right person if:
- You have experience in trading crypto
- You have a telegram
What do we offer?
- No fees for trading
- Invitation to closed chat with announcements, discussions etc before official releases
- More neat stuff
If you are interested PM me or write directly in telegram @Mike_Nominex:)
Why not try to publicized that exchange name? So that the public would freely able to test it up and since you do mention its still on beta then they are fully aware with possible bugs and problems ahead. Are you planning to had some sort of bug bounties? The name is Nominex you can already trade there:) No, we're just gathering testers and will give them different cool features |
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You are the right person if:
- You have experience in trading crypto
- You have a telegram
What do we offer?
- No fees for trading
- Invitation to closed chat with announcements, discussions etc before official releases
- More neat stuff
If you are interested PM me or write directly in telegram @Mike_Nominex:)
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- Разработчики продолжают работать, несмотря на общий спад рынка. За последний год количество активных разработчиков сократилось всего на 4%, тогда как рынок упал на 80%;
Для многих кто не углублялся в изучение бокчейна и крипты, да и для большинства криптоюзеров - это тот самый tiny bit of information, который не позволяет увидеть целую картину. Большинство сопоставляет успешность блокчейна с ценой битка и не обращают внимание на то, что это абсолютно революционная технология, которая только начала развиваться. Прошаренное меньшинство "продолжает работать". Я как-то выступал на похожую тему на онлайн конференции newconomy и только один из 5 спикеров рассматривал эту особенность сферы. |
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For a crypto exchange to have a place in the market and the crypto ecosystem in general, this will highly depend on how they present their platform to the crypto audience and users. As you already know, the top exchange platforms account to about 60% of the total cryptocurrencies volume available to the crypto market. Considering this, I think the best option for a new crypto exchange to take a place in the market is to provide their service to new crypto coins which are not yet in the crypto market. This will help present their platform to the crypto space.
If that new exchanger offering a low transaction fee and security on investor funds, i think will get a space in cryptomarket. We know that binance right now is biggest crypto exchanger and the ages only 2 years. Its great achievement because binance offering big liquidity and security on investor funds The transaction fee is really low |
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I think if exchange have really greate customer support and they do some trading competitions with really great prizes then yes there is place in market for them . Thats the 2 main reasons most of the exchanges suck , they freeze funds and then you wait for 1-2 weeks to get answer from them . Binance so far is 1 of the best exchanges out there followed by Coinbase in my opinion . Communication with community is the key
I completely agree. Customer support and communication with customers is key for anyone who is willing to survive. Looking at the subject from the side of the exchange I can tell it's not an easy feat to achieve but neither security procedures nor size can be an excuse for being silent with the customer for a week. Customer first. Always. Definately agree. Customer support is one of their main priorities |
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New exchange needs a a good reputation from some people who have an influence on cryptocurrency in particular. It is not easy to convince someone or many traders to trust a new exchange including the exchange quoted by the OP. Moreover, exchange cryptocurrency is very prone to fraud, which will make everyone less confident about the new exchange.
In other hand, I agree to someone who says a new exchange needs a promotion. Either through this forum or with social media, but the most influential to promote their new exchange every developer can use this forum by using a siganature campaign that is paid for with bitcoin, at least by using bitcoins each participant can immediately trade on the trading platform every time he gets paid a week.
Do you think it's possible to promote something through this forum? |
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-Snip-
Don`t you see that happening everyday? I`m here for some time, in crypto-space, and almost every week I hear about new exchange. Maybe exchange isn`t new, but I hear for them for the first time. There are big ones, but still there are many new ones. They are appearing every week, centralized, decentralized, now we are able to choose where we wish to trade with crypto-currencies. I`m learning to use decentralized crypto-exchanges, after Binance hurt my feelings. What happened with Binance? |
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I think let them raise funds and sell their tokens directly to investors and after the launch of the exchange they should either adopt binances model or profit sharing model like coss or kcs etc.
They are not rasing funds, it's not an ICO, they're launching already with their own funds |
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Both ways sound way too complicated.
If it pays dividends let it pay dividends.
Don’t mess with the token or change it, a lot of exchanges pull this shit and it’s really annoying.
They are just for fee discounts almost like binance has |
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As the user base keeps on increasing, the need for exchanges too will be peaking high. New cryptocurrency exchanges suddenly won't get into the top places. It needs to follow a long process and give assurance on the security of the holdings. Beyond that it takes time to list large number of crypto pairs to the trading platform. Once after this it needs to contribute good to the market circulation. These major factors need to be fulfilled initially.
They ar eplanning on starting with a lot of pairs and will keep adding them |
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As far as i know, they are launching soon(in the end of Feb) and the only choice left is the tokenomics. I've given them my opinion, but i beilive that the uderstading lies on a lot of opinions of daily crypto users and traders, so i've decided to give it a shot and ask you guys. The token itself will be used to have a discount on fees and, maybe, something else
Here are the options that they have:
1. They are giving out tokens as a return from paying fees, the price of the token is set by the company and the price is changing (from low to high) with each distributing phase every 2 months and capping at 5 months. The token will be listed immediatly at the exchange.
2. Token is listed immidiately and users are getting tokens as a return from paying fees, but the amount is determined by the tokens market price. The amount of tokens may be limited per day (not for every single person, but for the whole exchange) and they are given out proportionally (like the EOS ico) to the trade volume. ( as i understand this, for example, you are trading there right after launch and since there're few users, your trade volume is 30% of the whole day trading volume on this exchange, so you get 30% of all tokens for that day). And they will just devide the whole amount of tokens by 365 and will be giving out tokens for a whole year.
What do you think about these options? Wich one sounds better or can be way better with addition of something\changes?
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A week ago i've met a person, who's working on a new exchange. They've been developing it for a couple of yers now and, from his words, it seemed pretty cool. I can't say for sure whether i think it's a legit idea or not. So, Is it possible for a new exchange to make it to the top or is it already monopolized and new projects and busineses are doomed in the whole industry? I've been trading for a short period of time and i haven't noticed huge defferencies in exchanges
It will sound pretty good if you got the information on th inside of that development because they are making a highly focused business so that is why they sound amazing. Just like other exchange it also needs some exposure to the masses before it can take place in the market and they have to focus on a single coin and sacrifice so much money on top of that . So it will be as easy as it sounds but good luck to them and i hope i can take part in that wonderful opportunity. It's called Nominex, i believe they're launching in the end of February. |
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Right now the market conditions seem to be very bad to launch a new crypto exchange. All the existing exchanges are suffering from declining volumes of traded coins and tokens. That means less fees to cover running costs while these costs for employees etc. stay at a much higher level.
In the end of 2017 / begin of the new year so many new exchanges were launched, lacking in security, experience and other general things. I think exchanges are similar to most shitcoins: only the big ones will stay and those who are not able to deal with the bear market or occuring hacks will be gone long-term.
A new exchange needs to have a very good concept to get costomers from existing exchanges and it's always a barrier to verify at a new exchange instead of staying at the old one.
There are just too many exchanges out there...
they've been developing it for a long time already ], so all the things like security, unique features etc are covered |
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The idea isn't new to be honest & that's mainly what most exchanges coins / tokens do (KuCoin, Binance...) you name it, any exchange coins / tokens are some kind of utility one that reduces mainly FEEs & Profit Shares among their holders / traders on that exchange.
They'll be making a big mistake not listing their token into a good exchange, even a Dex one like IDex (at least) so they get the needed attention & liquidity for it o people look for it. Listing their token MAINLY & ONLY into their exchange won't make a big difference, people tend to use what's already there & proved to be trustworthy not some new launched exchange (i won't call them SCAM though, but let' face it, this is the reality).
They'll have to work really hard on marketing & make people putting their cryptos into their exchan,e that's the big ste i say. Also, i hope their exchange is Dex one not Centralized one because it will be hard to make marketing for it unless they have a good team behind that.
The exchange is not Dex. It's fully legal (registered officially not in an offshore county) and will have KYC |
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I've met a guy, who's making a cryptocurrency exchange. They've been developing it for a couple of years and they've avoided going through ICO.
As far as i know, they are launching soon and the only choice left is the tokenomics. I've given them my opinion, but i beilive that the uderstading lies on a lot of opinions of daily crypto users and traders, so i've decided to give it a shot and ask you guys. The token itself will be used to have a discount on fees and, maybe, something else
Here are the options that they have:
1. They are giving out tokens as a return from paying fees, the price of the token is set by the company and the price is changing (from low to high) with each distributing phase every 2 months and capping at 5 months. The token will be listed immediatly at the exchange.
2. Token is listed immidiately and users are getting tokens as a return from paying fees, but the amount is determined by the tokens market price. The amount of tokens may be limited per day (not for every single person, but for the whole exchange) and they are given out proportionally (like the EOS ico) to the trade volume. ( as i understand this, for example, you are trading there right after launch and since there're few users, your trade volume is 30% of the whole day trading volume on this exchange, so you get 30% of all tokens for that day). And they will just devide the whole amount of tokens by 365 and will be giving out tokens for a whole year.
What do you think about these options? Wich one sounds better or can be way better with addition of something\changes?
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I've met a guy, who's making a cryptocurrency exchange. They've been developing it for a couple of years and they've avoided going through ICO.
As far as i know, they are launching soon and the only choice left is the tokenomics. I've given them my opinion, but i beilive that the uderstading lies on a lot of opinions of daily crypto users and traders, so i've decided to give it a shot and ask you guys. The token itself will be used to have a discount on fees and, maybe, something else
Here are the options that they have:
1. They are giving out tokens as a return from paying fees, the price of the token is set by the company and the price is changing (from low to high) with each distributing phase every 2 months and capping at 5 months. The token will be listed immediatly at the exchange.
2. Token is listed immidiately and users are getting tokens as a return from paying fees, but the amount is determined by the tokens market price. The amount of tokens may be limited per day (not for every single person, but for the whole exchange) and they are given out proportionally (like the EOS ico) to the trade volume. ( as i understand this, for example, you are trading there right after launch and since there're few users, your trade volume is 30% of the whole day trading volume on this exchange, so you get 30% of all tokens for that day). And they will just devide the whole amount of tokens by 365 and will be giving out tokens for a whole year.
What do you think about these options? Wich one sounds better or can be way better with addition of something\changes?
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A week ago i've met a person, who's working on a new exchange. They've been developing it for a couple of yers now and, from his words, it seemed pretty cool. I can't say for sure whether i think it's a legit idea or not. So, Is it possible for a new exchange to make it to the top or is it already monopolized and new projects and busineses are doomed in the whole industry?
Unless that particular person is willing to spend a ton of money on promoting, have a company that is registered in real life, and their exchange is able to provide pseudoanonymous accounts to people who aren't necessarily willing to verify their accounts, then no. I think that the exchange space has honestly become quite saturated and this point, with Binance obviously holding the majority of the market share. It'll be quite hard to take over that spot, or any other major exchanges for that matter, unless something major comes up. Just like how Binance took advantage of the downfall of poloniex and Bittrex, though even then, the marketing efforts that are needed are just way too costly to be afforded by any average exchange. They are going to ake everyhting 100% legal and get registered not in an offshore country |
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Both options are still familiar in the current scope of ICO, I am indeed not good at planning plans for launching crowdfunding. But it would be better if you do more research to get good points, because in the current situation many traders have lost their trust in crowdfunding projects !
It is not an ICO in any way, the platform is almost ready for the deplyment. They've been developing it for a couple of years already |
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And they will just devide the whole amount of tokens by 365 and will be giving out tokens for a whole year.
Why would they pick the option where those traders will only gain after a year? This will lose the interest of these users. Investors and like any other traders are up to profit in this market. Making them wait in just a month, you will start seeing them posting threads in the scam and reputation section about the project. They will receive their tokens every day and the token will be listed from day one. Just the distribution will be held for a year |
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Platforms can be created and developed, and people will be supporting such platforms if they know how to operate and know how to tend to the needs of the community, and perhaps some extra suggestions might take the cake as well. There aren't any monopoly on exchanges as people's preference will still matter in the end. Any exchanges can get big depending on how they market and offer themselves to the public, so if the exchange you're referring to offered something new, something innovative and something that people will like, who knows, maybe it's the next big thing?
Would you mind giving an opinion of yours about one the decision ther're making right now? |
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