Discovery "Cryptrade listing competition" (linked)Back

Title: Cryptrade listing competition
Owner: walkjivefly
Created: 2019-03-07
Proposal link: cryptradevote

Description

Cryptrade.io is a new BTS-based "DEX", rather like Cryptobridge. A listing on Cryptobridge generally costs 3BTC. 
Cryptrade are running a simple popularity competition to offer some coins a free listing. The top 1 coin every 2 weeks will get a free listing. There are 3 ways to vote:

  1. Anyone interested can vote for their favourite coin by joining the Cryptrade Discord and registering one vote per day in the #vote-commands channel.
  2. There is one free vote per IP address per day through the webpage at https://cryptrade.io/vote
  3. And finally, votes can be bought at 0.1 CRCO (their custom coin, available on Cryptobridge) per vote by sending CRCO to the address listed on the "Vote for <your coin>" page. There is no restriction on how many votes can be bought. The address for Terracoin is CanpCkgjQJVgySgoniN8RMHg1hRqzSuM2U

Terracoin is currently at position 26 in the list with around 1170 votes. To get to the number 1 slot this round (which ends on 16 March) would require about 10,500 votes. In the current orderbook on Cryptobridge we could market buy nearly 1800 CRCO (18000 votes) for 0.04BTC - a little over 1% of what a Cryptobridge listing would cost.

At the time of writing this would cost about 7800 TRC. All the numbers up to this point are subject to change.

Proposal will be for 7800 TRC, one time. If the proposal passes I will buy 0.04 BTC worth of CRCO on Cryptobridge. Shortly before the close of voting on 15 or 16 March the CRCO will be sent to the TRC voting address.  It won't guarantee we win the next round of the competition but it will give us a good chance of doing so. If successful, listing will be whenever Cryptrade get round to it. 


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Discussion

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0 points, ~2 months ago
Since it only needs 7800 TRC, I think it's worth do it.
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0 points, ~2 months ago
I like this to be turned into a proposal.

However, cryptrade is not yet fully operationel and widely used as I understand it.
So I don’t think we need to Rush to #1.

We could wait 1-3 month I think.

We might only need half the number of bought votes than proposed. (9000) as we are growing pretty fast in ranks.

However I realize it’s a balance - and that those 9000 votes could be more expensive if the exchange become popular and other coins need CRCO to buy votes.

Other thoughts ??

/buff
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