Aeon Coin listing on Trade Satoshi

Posted on 2018-12-28 by BigSlim
Status: Disabled
Target: 15000.0 AEON ➞ 11025.54 USD


This proposal is disabled.

Why?

Aeon Liquidity Concerns

How much?

Total cost in Aeon - 15000 at time of AFS proposal (or equivalent to 1 BTC at time of funding) The exchange rate is given per current Bittrex exchange rate of Aeon/BTC.

What?

This proposal is for the Community Funding of the listing fee for Aeon on TradeSatoshi. Currently, the listing fee is 1BTC for a new coin listing on TradeSatoshi. Developer funds are not used for Exchange or Merchant listing so this has to be done as a community funding, hence the AFS proposal for this.

Once funds are received I will submit the listing application for Trade Satoshi and supply all necessary TX ID and screenshots as available. I do not believe that Aeon will be rejected, but if for some reason our listing is denied the 1.0BTC will be refunded and I will donate all funds to remaining open AFS proposals unless the community directs elsewise (example to general community fund or dev fund). I can accept BTC as payment to make it a smoother transaction if larger donations are given. Payment address will be provided if necessary.

Milestones?

Milestone 1 - Proposal approved: Time 1 month open

Milestone 2 - Funding received: Time 1 month open

Milestone 3 - Payment received in Aeon for proposal: 3 Business days

Milestone 4 - Payment converted to BTC: 1 Business day

Milestone 5 - Listing documents created and submitted: 1 Business day

Milestone 6 - Listing approved or denied: 14 Business days

Milestone 7 - Aeon liquidity , Proposal completed

Outcomes?

Aeon Proposal funded and application Approved - Aeon is listed on Tradesatoshi.

Aeon Proposal funded and application Denied - Aeon is not listed on TradeSatoshi and funds will be converted back to Aeon and paid to remaining open AFS proposals.

Aeon Proposal not funded - Aeon not listed on TradeSatoshi and proposal is closed.

Why you?

I am in contact with multiple exchanges and merchants/servicers for the Aeon Community. I am the current point of contact for Aeon related marketing/exchange/project integrations for the community.


EDIT 12292018 : I added in that I can accept BTC as payment to make things smoother for paying the listing fee.

Comments
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BigSlim [op] 2019-02-13 18:49
I believe that due to lack of interest, we should close this proposal. It has been a Month and half with only one comment.
reply
vp11 2019-01-07 12:51
Although most (tech-savvy) people are against paying the listing fee for a coin, I do believe this is an important step to consolidate AEON's position on the market. Differently from the hundreds of ICOs out there, AEON is supposed to be used as money, as a currency, and no one wants a currency that's extremely volatile and that can be easily manipulated on price. Listing in more exchanges don't necessarily translate on higher liquidity, but it helps. Even if our sole focus is to make AEON "user-friendly" to both users and merchants, it would still barely be used because the liquidity to BTC is too small and there are just a couple of options to exchange it. Trade Satoshi is an alright exchange, based on Hong Kong (bonus points), they have an active Twitter account and a somewhat active reddit, with a volume that doesn't look very fake. My main problem with the proposal is not even with the proposal itself, it's the 1 BTC fee. In a bear market that's a considerable amount of money. So you'll need to find enough people to donate that money, considering that probably the tech-savvy won't donate because of principles and the AEON community is mostly formed by tech-savvy people. I might be completely wrong, though. All in all, I would donate for this proposal. I think liquidity is very important for a currency.
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Events
camthegeek [admin] 2019-02-13 19:37
Moved to status "Disabled".