Does Whaleshares Need a Centralised Exchange? Great Work on Hive Engine!

in #crosspost5 years ago

Hello Readers :) Testing a new crossposting feature, and I thought I would talk about something that's been on my mind.

Firstly, I'm quite excited to say that the WLS Token is now listed on 2 decentralised exchanges, Bitshares, as well as our newest market, The Hive Engine. I haven't used the engine for more than a few transactions, however so far it is seamless software, all transactions are handled through hivesigner, which allows the process to be simple, secure and satisfying.

Lastly, I would like to discuss the idea of moving to list on a proper exchange. Both the community as well as the dev team pulled this off so well, that I do believe it is a possibility to get the necessary steps done to get us onto a more central authority. Perhaps not binance, but there are many other options.

CoinMarketCap Requirements

For those of you who don't know, there are 2 requirements that the WLS Token does not yet meet to be considered a "Tracked Listing", however we do currently have untracked status, which can be viewed here.

$5,000 - $10,000 Minimum Volume

Minimum 2 Tracked Exchanges

So, we need to bump our volume a slight bit, which usually adding an exchange does, and we need to list one more tracked exchange. After that our token will be put into the mix with all the others.

The reason I think we should do this, is due to the fact that whaleshares is an awesome place, and has no reason to be struggling so hard in community or market. When the market stirs, users will see value, start joining etc. Until then we look like one of the dying forks, which we most certainly are not.

Would love to hear your opinions everyone :) Special thanks to @daking a very new member for initiating the idea of Hive Engine Listing, as well as doing the dev work if I'm not mistaken. Community members who contributed funds, you rock as well!