Altcoin Exchanges - Fair Launches for New Projects

[stonehedge]

Hi,

Over the last 6 years or so I have been developing an idea for a new project.  Last year I formed a team and we have been building a new blockchain platform and consensus mechanism and we are close to being ready to release.

Our project is NFT related and will be a fully fair launch.  I.e there will be no ICO or premine.  The chain and it's unique features will be fully functioning from block zero and the only way to get tokens/coins will be to mine/stake or to buy from miners/stakers on exchange. Our ambition is to drive value through creating a platform that will give developers tools to create genuinely innovative blockchain based applications in a way that no other blockchain project has achieved yet.  Its a bold ambition for sure and one that is easier said than done.  This is part of the reason why we we wanted to self fund and build the thing first without having to hype and sell the idea to the public...too many projects have raised money and failed to deliver.  We had no intention of being yet another one of those.  Blockchain is a tool to improve the world, not a get rich quick scheme.

I am just starting the process of finding an exchange to partner with for launch.  Sadly, over the last few years, exchanges have become very ICO and premine focussed and seem obsessed with how many millions of tokens they will be given and how many Twitter followers you have.  Not many exchanges seem even familiar with the concept of a fair launch and seem 100% focused on ICOs. We're not aversed to paying a significant listing fee but we want our relationship with our primary exchange to be professional and meaningful and part of this is making sure that we are partnering with an exchange that the community likes.

Those who know me will know that I am a crypto veteran who has a lot of years of negotiating exchange listings under the belt.  I was a member of the original Darkcoin/Dash core team and have worked in crypto ever since.  Since then, the exchange market has exploded in size, public opinion changes regularly and the one constant throughout the whole industry evolution has been the important of community engagement.

Thats why I'm here.  I wanted to ask the Bitcointalk community for some opinions.

• Which exchanges do you like for Altcoin trading?
• Do you know any exchanges that are experienced with fair launches?
• Do you know any exchanges that seem less hype obsessed and more focussed on the technology itself?
• Are there any exchanges you have seen go the extra mile to support a new project and engage with its community?
• Do you work for an exchange that might be interested in partnering with us?

I'm curious to hear any opinions or suggestions.

All the best,

Dan

[stonehedge]

I'm also very curious to hear opinions from people on what "fair launch" means to them.

Miners, traders, investors, enthusiasts....

What does "fair launch" mean to you?

[Kunnu]

First of all I wish you good luck for your project. I think fair launch means if an exchange finds potentials in an altcoin and list it without any compromise anyways I have traded on so many exchanges but the trading experience on Binance exchange which I got so far is absolutely brilliant. Okex and huobi I think these two exchanges always focus on the technology and they avoid to be obsessed with hype. I have never seen any exchange which supports new projects without any greed. No, I don't work for any exchange but there is a new exchange is going to launch in couple  of months which name is Adonx it's a Portugal based exchange currently I am participating in its signature campaign bounty you may consider to know about it.

Here is link of Adonx ANN thread

https://bitcointalk.org/index.php?topic=5320459.msg56449516#msg56449516

I hope it will be helpful for you to know about this exchange.

[stonehedge]

First of all I wish you good luck for your project. I think fair launch means if an exchange finds potentials in an altcoin and list it without any compromise anyways I have traded on so many exchanges but the trading experience on Binance exchange which I got so far is absolutely brilliant. Okex and huobi I think these two exchanges always focus on the technology and they avoid to be obsessed with hype. I have never seen any exchange which supports new projects without any greed. No, I don't work for any exchange but there is a new exchange is going to launch in couple  of months which name is Adonx it's a Portugal based exchange currently I am participating in its signature campaign bounty you may consider to know about it.

Here is link of Adonx ANN thread

https://bitcointalk.org/index.php?topic=5320459.msg56449516#msg56449516

I hope it will be helpful for you to know about this exchange.

Thanks Kunnu.

It goes without saying that Binance is a fantastic exchange although I'm not aware of them operating any fair launches.  I saw that one new listing  on Binance from today had an airdrop of 52,000,000 premined tokens.  I think that Binance Launchpad only deal with premines and ICOs for marketing reasons.

I've bookmarked Adonx.  Would be good to see a Portugal based exchange succeed.  I'll watch with interest.

[Fuchsei]

Fair launch, I think the way Uniswap handled the launch of their token good. An Airdrop is simple and rewards early people by helping and contributing to the project. And people who sold got punished by not holding for longer. Exactly what a project wants longterm support.

On Exchanges I think DEX are the future, theres no need to be listed on CEX's anymore imo.

Good luck with your project!

[stonehedge]

Fair launch, I think the way Uniswap handled the launch of their token good. An Airdrop is simple and rewards early people by helping and contributing to the project. And people who sold got punished by not holding for longer. Exactly what a project wants longterm support.

On Exchanges I think DEX are the future, theres no need to be listed on CEX's anymore imo.

Good luck with your project!

Thanks for the feedback.  I didn't follow the uniswap airdrop.  Do you know what people had to do in order to get coins?

Completely agree about Dex also. There is a bit of a vacuum in the market for non ERC20 DEX though. Hopefully that will change in time.

This is exactly the reason I want to ask questions here.  In the past, airdrops have had a very mixed record but they create an advantage in terms of building a community and support base from the start.

[ryzaadit]

IMO, you cant get any sponsor from some exchange to support your project all based on the development of your project, how active the community to help your project, and other big things. I also participated in some non-ICO project and yeah they used their own funded money one of example my some crypto without any ICO is X-CASH they funded the project with their own money 100,000 USD.

The problem with non-ICO or fair launch projects will be always "money" you need to hire another developer, community, or maybe marketing, and where the money came? after the coin/token listed on some exchanges, some teams will sell maybe some coin from allocation to help the funding project but "do not sell or dump on one-time action" by maintaining the price economy of the coin/token.

Or maybe sell some coin with OTC trade with someone just.

[bitkanu]

• Which exchanges do you like for Altcoin trading?
• Do you know any exchanges that are experienced with fair launches?
• Do you know any exchanges that seem less hype obsessed and more focussed on the technology itself?
• Are there any exchanges you have seen go the extra mile to support a new project and engage with its community?
• Do you work for an exchange that might be interested in partnering with us?

1. That depends on which exchange site that already listed your coin. i.e when you are issuing your altcoin on the BSC chain and I may use pancake swap to trade it consider it has cheap fees.
2. If this is referring to the centralized exchange site and you will always pay the listing fees, right? what about using the swap service?
3. I don't know about this caused by the exchange site was getting its profit from the hype and this profit will be used to expand its service. If the exchange site will be only focusing on its technology and where do they get profit to continue the development progress and future expansion? Binance should be the exchange site that was also focussing on the technology

4. It's quite impossible to find this on cex and maybe you can take a look at dex like swap, balancer, and many more.

Here's my thought if you have developed a solid project and you can launch your token easily on uniswap, LBP, 1inch and many more. This will not charge you the fees.

[tbct_mt2]

Not many exchanges seem even familiar with the concept of a fair launch and seem 100% focused on ICOs.

Exchanges have to build up and maintain their technical infrastructures so that they can provide quality services to users and projects. With same infrastructures, if they list a bunch of new coins/ tokens, they will have to investigate on their platforms and delist useless coins/ tokens that consume their resources but does not bring not much benefit (from trading fees).

As I know, most of exchanges that are friendly with new projects with cheap or free listings, are small exchanges. It means trading volume will be low.
You can search list of projects with relations to NFT and see on which exchanges they are listed. From list of exchanges, you can investigate more.
https://blockspot.io/exchange/
Choose in the third column
- NFT marketplace
- NFT index fund protocol

[cryptoaddictchie]

Those questions are all and I'm confidently say Binance has answers to it. Except for the last one about partners with you? You know how an exchange can partner only to legit projects right? I'm not saying you are not building a legit one but it would take sometime, but for sure if what your cooking is good and has potential I'm sure Binance can look into it and even considered investing on it once they can see potentials.