Newsletter 22: Trust more in trustless.
“All things change in a dynamic environment. Your effort to remain what you are is what limits you.” — Japanese Puppet Master
We’re only 4 months away from going LIVE with BitOrb.
We’re now in discussions with token investors and exchanges with regards to the listing of the tokens. The plan to issue Orbyt Tokens when BitOrb goes live in December hasn’t changed and will be carried out.
The question now is about listing Orbyt Tokens on the secondary market. The idea was to list on spot exchanges in H1 2020. To provide some context, it was considered and discussed with exchanges that we would list on them after we had generated turnover in Q1 2020. This would have given the token value and thus protect token investors.
It is fortunate then that Orbyt Token investors are looking to hold their token bags for longer periods due to the understanding of the securitised asset of profit share. With the support of these “new” class of crypto investors, we are of the position and are more inclined than ever before to let the market forces decide on the Orbyt Token prices. We trust our platform, and our investors trust us.
Therefore, we are likely to move forward with listing on at least 1 exchange in December, followed by possible listings on more exchanges if the need arises. We will finalise this position before the end of Q3.
On another note, there are requests that we extend our STO sale to end November. We are considering this, and will announce our decision at a later date.
Exchange Update:
We are glad to announce that we will see the Beta site going LIVE this week! This is great news for investors, analysts and media as they will be able to register and navigate within the BitOrb exchange. The Beta site is a run-up to our major milestone in September; according to our roadmap we expect to complete the exchange by then. Thus, the Beta site depicts our development progress that we are at in relation to completion, which is just over 50 days from now.
Marketing Update:
As mentioned earlier, we have been in contact with both online media outlets, Asia Blockchain Review and Coin Telegraph on releasing news articles on BitOrb. We are excited to announce that both articles will be published this week!
[UPDATE]
Thank you so much for investing in Orbyt Tokens. Remember to get your complimentary BitOrb Tee!
Back to work!
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This blog was originally posted on https://www.bitorb.com/newsletter-22-trust-more-in-trustless/
