We know…it has been a while. We’ve had two slower weeks, after a few weeks of continues updates (e.g. whitepaper, lightpaper, airdrop distribution). Guess we’re also just human ;-)
We want to update you about where we stand in our short-term mission to list on a top-tier cryptocurrency exchange. Our short-term mission to give Auxilium the platform it deserves.
Last week we’ve received the draft of our final legal opinion based on our whitepaper. Our lawyers at Comistar are doing a great job. It’ll most likely not take much longer than a week from now before the draft becomes the final document and we’re good to go from a legal perspective.
This legal opinion is an important requirement for top exchanges to be certain of the fact Auxilium coin is no security for instance.
In order to come up with the best possible strategy to maximize our chances of getting listed on a major cryptocurrency exchange we’re brainstorming with our blockchain partner Applicature. Together we’ve done a lot of research and have a lot of knowledge and experience with listing procedures.
We’re taking each listing possibility very serious as we realise the possibilities are not endless, especially because we don’t have any initial funds to pay a listing fee (e.g. mostly between 100,000 and 1,000,000 USD). We’ve been researching exchanges in great detail and have filtered the best options for Auxilium based on trust scores, unique visitors per month, 24h (normalized) trading volume, and more important criteria.
We want the best platform for Auxilium and its holders.
Furthermore, you possibly noticed the Auxilium Interest Distribution has been running a tad late. Sorry about this. The AID platform has a manual feature. We didn’t have the time yet this week to run the distribution. We’ll do so as soon as possible.
Also the results of the video bounty will be announced soon.