Dear Community,
With this special notice, I would like to update the current status of listing. CVCOIN on the external major exchanges.
In order to elminate some worries regarding this topic, on behalf of the Crypviser team I authorised to confirm, that we are working on this case as a TOP priority to get CVCOIN listed on the most liquid, secure, worldwide, crypto — Markets during the August 2017.
Our preferable marketplaces are the biggest US and Asia based reliable exchanges, such as Bittrex, Kraken, Yunbi, SZZC and the rest TOP 10 exchanges.
We have already got a sucess with some of them and expecting to announce about it shortly.
In the same time, during the ICO campaign, we had a prior agreement on the listing on C-CEX and LiveCoin until the end of July 2017.
So, we are often asked, what is the reason for a delay with listing on the exchanges. This is a reason I would like to give short comments about the main reasons why it has not happened.
Here are the TOP reasons actually
1. CVCOIN was initialy designed as a ERC20 token, but as you know it, the main purpose is the tech integration of CVCOIN into Crypviser’s cryptographic model as a fuel for the Blockchain based authentication transactions. In this case Ethereum platform was suitable when we started the development of Crypviser secure network a few years ago. As far as we have detected some critical perfomance and stability issues, by switching to the Bitshares platform, which is significantly faster and scalable than Ethereum, we got more power for the rapidly growing Crypviser’s platform.
There are many other things that are revealed and solved by Bitshares blockchain, expect one, it hasn’t been widely supported by some Exchanges.
This is the reason for the delayed listing on LiveCoin and C-CEX.
2. Due BTC SegWit and HardFork deals in July 2017 many TOP exchanges were focused and preparing their platform for this event. It was not reasonable and the best time to exposure new tokens on their listing.
3. We have faced a turbulent and unclear situation with central exchanges. After the fall of the BTC — E exchange, we had a close eye on the situation.
There are a lot of insight information we are not able to disclose publicly, but we prefer to prevent communities of loosing funds due future unexpected legal incidents.
4. Commercial aspects of listing. July 2017 foreshadowed by the completion of many hot ICOs, including megamillion ‘giant’ campaigns. It is caused by short-term raises of the listing costs. ‘Appetites’ of some major exchanges were excessevely high. Crypvser manages raised funds in the smart way and now when the hot season is over we would back to discussion the listing terms on the most popular markets.
5. Due diligence and token distribution issues. Lets see the schedule in July 2017 after ICO campaign. The CVCOIN token was issued 06 July 2017 and Crypviser team has started distribution immediately on July 07, 2017. But due to the season many investors were unable to take necessary steps on time to configure their wallets, which caused delay until July 20, 2017. Even until now there are more than 1 mln. unclaimed tokens yet. It affects the token circulation factor, which is important for positioning CVCOIN as a premium token on top exchanges.
Finally, all these factors and other general issues togeather affected on the initial terms of listing CVCOIN on the external exchanges during July 2017.
But the great news that all these conditions have been mostly solved and we exciting to see CVCOIN on the most valued and liquid places during August 2017.
Crypviser team appreciate for the communities support and understanding with this matter.