I have just spent close to 6 hours reading the white paper and the entire 27 page thread as due diligence in order to decide whether or not to invest in this project. Frankly I was astonished as to how many people don't even read a shred of the thread as the same questions kept coming up over and over again. This thread could have easily been 7 pages of solid information had everyone read previous posts before asking questions already answered.
Anyway, I am especially impressed with devs for jumping in and addressing every single inquiry and concern. I am moving forward with my investments in this much needed exchange and can only hope that the token sale is so successful that they are able to hire more talented devs and deliver ahead of schedule.
Congratulations Team Exenium!
Thank you for the support! And yes, the same questions pop up very often.
What would be the first coins included beyond the demo release? Will Monero be included in that first batch of listed coins or will it be integrated later?
I ask because XMR seems to be the coin that is hard to integrate maybe because of its RingCT feature? I know Jaxx had a hard time integrating it, and dropped it from their road map.
Well yes, Monero is definitely harder to integrate than most, not even so much because of RingCT, but the protocol itself that's different.
It won't be available from the start, but eventually once we finish integrating our more prioritized coins (especially platforms), we will add Monero as well.
Hi guys, few questions.
1. What is the timeframe after the token sale the product will finished and launched?
2. Will the product launchin alpha stage?
3. Looks like there is only one full time developer right now.
Of course even one smart developer can pull it single handedly in the beginning, just like FB and Microsoft in the early days.
But how long after the crowdsale you are going to recruit full time members and staff? What is the plan?
4. Do you plan solely using the crowdsale fund to fund the development and marketing?
or do you have plan to inject your own funds into this project?
Because the hard part in my opinions is the marketing to attract users to use this exchange,
if the crowdsale only managed to raise such as $1.5M i think it's quite hard to compete against the big boys.
Do you guys also open to pitch to investor and get series funding to expand?
(since basically you guys own 50% of the shares/revenue because half of 0.2% transaction)
Thank you
We are already looking for new staff members, as well as traditional investments (which is already a part of our funding).
We aren't really scared of the big boys. There are too many flaws with most of them, and we know that if we do a better job, the users will come on their own. We expect to generate revenue and profit from the first month from launch, so the marketing budget will be partially formed by that as well.
I'm dumb, need some clarifications.
The wallet will enable me to buy Waves assets paying in XNT tokens.
Am I allowed to buy Waves assets using another coin?
I guess the seller wants Waves for his assets.
The software automatically converts my coin in Waves?
If so how is the exchange ratio decided?
We will have multiple trading pairs for each token/asset/mosaic. How many, will depend on what the project itself decides. XNT will be the first and most important pair, offered for free and included into every other package.
