CEX Fundraiser - Open until May 3rd, 2024

Sounds ok here but without a MM plan, for xeggex or other CEX, do we push for another listing right now?

Very true, but then how should we manage MM?

1 Like

Hard to say, its outside my experience but its not rocket appliances either. We could explore some paid services or coordinate something with a few community members if anyones interested.

Imo this would be a good use of AZ funds.

3 Likes

Excellent point made - AZ funds would serve well for this purpose!

1 Like

was Bitstamp ever an option? If so we should consider them in light of this news.

Wait what!? I’ve just checked and Bitstamp doesn’t have a listing fee, they only charge trading fees. Anyone aware if it’s true or not? If it is true, why haven’t we listed there yet? :sweat_smile:
Okay, now checked and they have a checklist that need to be fulfilled. Seems ok
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.bitstamp.net/s/documents/Digital_asset_framework_listing.pdf&ved=2ahUKEwjCxb2txM6GAxVxUkEAHQLjLmUQFnoECBsQAQ&usg=AOvVaw37uzcSnQOVlUkAYFdE_8aW

3 Likes

The issue with most of the larger CEXs is that they want developer names and contact details, company information and legal documents provided to limit their exposure. The effort needs to go into finding a big CEX that will entertain integration with Zenon without a figure head present

1 Like

Might be some compliance issues but probably still worth a try.

“Existence of tools that facilitate the blacklisting of addresses on the network.”

This one is not ideal.

have you been able to make progress or do you need to get more people involved? Thx

1 Like

@sugoibtc do we still have the $15k offer? The main question: would you guys agree to maintain the MM from AZ funds?
Reminder: native assets are way more appealing than wrapped ones (ERC-20 is a robbery), especially for newcomers.
Additionally, the marketing aspect of AscendEx would give significant awareness.

1 Like

I’m personally not keen to use AZ for MM purposes - but it’s not up to me. If you believe in the case create a post about it with the costs laid out and put it to an AZ vote

Do you know how much they require?

Why not using the funds exclusively for MM. After the price increase we can list much cheaper with AZ funds or get listed for free if we get exposure. We pretty much dead on Marketing side, bridge is on, we are on a CEX. We can fund from donation or AZ a team the way we did in 2021 to shill and 15k$ for MM.
I think that awareness campaign was pretty effective and cheap. Pretty sure we can gather some volunteer to shill(me myself) for free. Shilling + MM=> Price increase, exposure => Cheaper listing through AZ funds or even free listing.

3 Likes

I agree. For example, one small task with minimum effort is to get wZNN listed everywhere for more visibility.

Anyone can be a figurehead / team member :slight_smile:

Are you volunteering? :slight_smile:

1 Like

I can’t for obvious reasons.

Has there been any recent progress with the CEX listing applications that we donated towards?

2 Likes

Sirs, fair question, what is the status of a CEX listing? Many of has have donated a significant amount.

1 Like

We are basically standing by. Most of the funds are in custody of @sultanofstaking community’s address, and the rest in the CEX multisig.

If anyone is looking to lead an initiative to a CEX listing, they are more than welcome to do so. Take action, rally the community for support, and let’s get it done. @0x3639 has voiced his support to help any CEX integrate NoM using the wallet API.

I’m personally in favor of focusing our efforts in growing our user base in the meantime.

1 Like

Confirmed anyone that donated to me can find theirs here - z1qrcc2c65w4d3zested2wl00hfyhr7022h92l92

I know many who were working on CEX are now working on awareness, extension chains, etc. with the goal of increasing the price before leveraging these funds. I want to put these to use as well and get them out of the community address. I do collect regularly so at least the account is growing.

6 Likes