🧅 [ONION] Privacy Coin with Real Use Cases 🔥 LIMITED SUPPLY Privacy Project ⚡

Quote from: DeepFan on June 19, 2020, 02:12:24 PM

Quote from: mo on June 19, 2020, 12:44:25 AM

@Pffrt deepfan
In 2018, when the onion price reached $20, I once represented the team in the negotiation of large exchanges. I must clarify some facts: 1. The development team has not said that it is unwilling to pay the listing fees of large exchanges. 2 The listing fee required by the exchange at that time was very expensive, the price was about 3 million US dollars 3. Don't accept onion payment 4. Need to ensure that the price will not fall below the price before listing for a period of time.

If you are the decision maker, can you accept this fact? Do you spend 3 million dollars to pay? Remember not to accept onion payment!

If you think this is a promising project, you should support the development of the project together with the dev team. The goal of the dev team is long-term. The current market environment is not good. Short-term speculation cannot continue to promote long-term growth of deeponion.

airdrop2.0 will not bring any long-term investors, rather burn all

Thank you for mentioning these additional information.

To your points:

1. Nice that the Team was willing, but more important is the result than the willing.

2. Really all big exchanges requested listing fee of 3 million USD? And even if so, only the Dev fund was worth of more than 50 million USD at that time. Now, it's worth only around 150,000 USD so the result is that DeepOnion has neither good exchange nor funds to get listed.

3. There was enough liquidity at the peak of bullrun so it was possible to convert ONION to BTC and then to USD or maybe some part even directly to USD.

4. No coin can 100% guarantee that the price won't go below the listing price. With such condition, no coin would be listed ever, does not make sense at all.

But listing on a big exchange was probably not the biggest mistake, considering the fact that DeepOnion did not manage to keep listed even on mid-sized exchange Kucoin due to low volumes. Bigger mistake is missing marketing which would bring new investors and traders creating both volume and price increase. Then the listing on some bigger exchange will become more relevant.

And I'd be happy to support the project, but tell me, what are the long-term goals? I don't see any of them defined in an updated roadmap.

There was more than enough funds to list on tier 1 exchanges, the reason why the team chose not to was because the core team had to reveal their identity in which they chose not to, so they persisted in doing exchange competitions. Its quite obvious even if they were to be listed on any tier 1 exchange the result would have ended up the same. (same as KuCoin)

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