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May 17, 2018, 03:17:57 AM |
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Before we can build a framework to answer that question, we have to understand the Coinbase process: Coinbase will list assets according to the GDAX Digital Asset Framework (a separate exchange owned by Coinbase). Just because an asset satisfies the GDAX requirements, does not necessarily mean that Coinbase will list the asset. In my opinion, the reason for this is Coinbase is serious about protecting its brand as “the easiest and most trusted place to buy, sell, and manage your digital currency.”The GDAX Digital Assets Framework is a four page document with six main sections and 13 subsections. Yet some of the sections are too subjective to build a reliable framework around. For example, does anyone know of a project that isn’t in violation of section 2.2 Team – Specialized Knowledge and Key People? “The project leadership is not highly centralized or dependent on a small number of key persons. Specialized knowledge in this field is not limited to a small group of people.”All ERC20 tokens are relatively small projects and would violate this requirement.It becomes obvious that if we are to attempt predicting which ERC20 token is most likely to be added, then we must focus on section 4.1 Liquidity Standards (the life-force of any exchange) and cross reference that metric with the brand concerns of Coinbase.
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