Honest question - what does exscudo do so differently than other exchanges out there? I invested in the ICO and haven't really been following (seems like almost every deadline was missed from the ICO page, some by a lot - e.g. "Launch of trading on the exchange (Q2/Q3 2017)"
I understand it's better to release a good product than put out something terrible, but this doesn't exactly instill confidence in the project. There are a ton of other exchanges out there and it's going to be an uphill battle for sure.
What is the main selling point though? What is going to get people to come over? I'm just trying to figure out what's going to make people come over from the binances and other projects.
I don't know how people are saying this is going to be $1 per EON off the bat. Honestly trying to figure out what's driving this internal hype other than people just praying they didn't throw away money in this project almost a year ago.
not trying to sound like a hardcore shill
i was with you not too long ago, check my posts. simply because even to this day i do not know what the actual EON coins do.
-the kucoin exchange coins give you dividends
-the BNB coins from binance lower your trading fee
-the COSS coins from coss give you a weekly dividend
-the COB coins from cobinhood gives you airdrops of icos
now for the potentially good news.
im going to
assume that the EON tokens are simply the lifeblood/gas/energy of the Exscudo network. so they may not confer bonuses on their own.
this is because EON is going to run off its own unique blockchain, all the prior listen coins are ERC20 tokens and from what i understand that is both a good and a bad thing because it's an already established network, but a bad thing because they rely on the eth network, remember the whole crypto kitties nonesense?
like i mentioned earlier, the main product is not actually the exchange but rather the EON blockchain and it's possibilities.
but speaking of the exchange they want to implement fiat pairs,
VERY FEW current
reliable exchanges have fiat pairs, take a look at the whole tether business going on, might explode soon if it hasnt already.
ALSO the exscudo network wants to support a debit/credit card!!!!!!!its already been done, but they all suffer from volatility and HIGH fees!
-im sure exscudo wont be any different, but at least it will join the small card holding club
they also want some sort of "apple pay like" messenger or someshit
and merchant services lol
but eitherway, the exchange in my opinion isnt the big deal worth waiting for, its the crypto debit card as well as FIAT pairs.
the fact that EON has its own blockchain is also a very huge deal, probably the biggest deal. especially if it is as secure as they are saying because i think most if not all of the main currencies have been exploited in some way.
all this is going off their website, and whitepaper.
not even mentioning that having your own blockchain is great because other entrepeneurs can piggyback and join your blockchain further increasing the value of your coins.
who knows, really.
its not like anyone here can see the future.