This proposal aims to fund a variety of different listings from small-sized exchanges, statistics sites, news sites and cryptocurrency directories.
Intro
Over the past few weeks, I’ve been scraping the bottom of the barrel in terms of finding new, small, cheap but somewhat sturdy services in the categories of exchanges, stats sites, news sites, and directories for crypto-businesses and products. I’ve had some good finds, some good deals, and some great marketing potential within them due to their community backing, and I’d like to get some of these services and communities familiar with DeVault.
The meat of the proposal: To fund and initiate listings on such platforms and services, DeVault is visibly already on two decent exchanges, being SouthXChange and Escodex, but, the volume, member counts and monthly-visitors of these small exchanges cumulative, adds up to a decent (imo) return on this proposal’s investment. I am able to list on these small services combined, for less than $250 total. And I believe that is worthwhile.
The Sources
The below services are ones which I will be focusing primarily on listing DeVault onto, during this proposal.
Stats were taken from CoinGecko at the current time of writing, they may have changed at the time of reading.
- SafeTrade - $20,999 24h Vol - 180,000 Monthly Visits - Based in Canada.
- Altmarkets - $96,262 24h Vol - 129,966 Monthly Visits - Based in UK.
- InsaneExchange - N/A (Yet to re-open due to minor issues)
- SEND Platform - A tipping platform & exchange all-in-one.
There are likely 10+ services that provide statistics similar to CMC or CoinGecko, I cannot list all of them at this time though, as this can be quite time consuming, it took me 15 mins to write the above exchange list ffs.
Most of the above exchanges require paid voting, hence, this proposal aims to pay those costs to get on said exchanges, community members may contribute to a listing by using free votes on applicable exchanges.
The Timeframe
For exchanges, and especially smaller ones. Listing traffic is generally quite low, so I’m able to get fast and direct contact with the team of them relatively fast.
I can roughly estimate, for all above written listings, it would take about 1-2 months to finish all exchange listings. And potentially less than a week for Altmarkets, as I have direct contact with them.
For stats sites, they generally get much higher listing traffic, so estimating times for them is extremely hard~ But I will update the post with a “Progress” area everytime a new listing is secured.
The Costs
This proposal is asking for $325 worth of DVT at the current average valuation of 19 satoshis ($0.00199643) based on CoinGecko stats.
$250 (125,187 DVT) of funding will be allocated for listing payments and paid votes for said services.
$75 (37,537 DVT) will be kept by me, for finding, applying & negotiating with said services.
Total of 162,724 DVT requested.
To prevent harming the DeVault market temporarily, services will be paid out-of-pocket in Bitcoin, while DVT is kept from the proposal and CODL’d long-term.
Thank you for reading! Hope to see some positive responses, but all suggestions & opinions are welcome and will be listened to with an open-mind, this is my first DeVault proposal.
Progress
Whenever progress happens with a listing, I will edit below this area with it’s progress.
15/08 - 15:00
SatoExchange has been removed from the list and replaced with SafeTrade, due to suddenly stating a higher price than discussed prior to this proposal.
24/08 - 17:25
Altmarkets has been successfully contacted, they have reviewed DeVault and appear to be happy to list, a payment of roughly $155 equivilent in BTC has been paid to Altmarkets, currently awaiting a reply to the payment.
30/08 - 21:35
Altmarkets have silently listed DeVault onto their system, although currently not trading, I was requested to test a deposit, and it worked smoothly. A publicly announced listing may be imminent.
01/09 - 20:00
Altmarkets have successfully listed DeVault and enabled trading against BTC.
Visit Altmarkets.io to trade DVT/BTC.