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RE: Discussing STEEM Trading Pairs for SMT-Tokens in Daybit Exchange

in #steemhunt5 years ago

Here you have a team who actually go out there and try to achieve a listing, not just a listing but STEEM pairing which would work for a multitude of future Steem tokens... yet it’s still not good. Not even some appreciation expressed for the efforts.

Seems your demands are a can’t win situation.

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I'm not discounting what they are attempting. I'm just saying that they shouldn't discount themselves. The point that I was attempting to make is that STEEM could bring more value to Daybit than what Daybit could bring STEEM. With that said, they shouldn't assume that they don't have leverage to bargain with Daybit. In fact, Daybit should bargain with STEEM.

As far as appreciation for efforts are concerned, I need to ask what you are talking about? So far there might have been perhaps some emails back an forth with an exchange that is no where near the top 100 in terms of volume. I wouldn't elevate that to the level of an effort that should be appreciated.

Maybe I'm wrong altogether. Maybe it is a matter of perspective. I have a level of "effort" that is higher than what I would consider the average while there are others that would consider getting out of bed each day may be considered a high level of effort. Tell me, how would you quantify a level of effort that warrants appreciation?

I think the more important element here is that when one exchange starts listing STEEM SMT pairs... more will look into it as well. It’s truly trailblazing what they are doing: no SMT token yet and already creating a possible market for it, even with temporary SMT tokens.

It’s a potential win and a definite experiment for both. Remember that SMT tokens do not yet exist, and Steem Engine the side chain is still unproven, even doesn’t yet have a consensus mechanic.

This is market creation, genuine creation and that not in the usual sense of using a bot. This is developping a whole new ecosystem: making the SMT DEX which may or may not come from another developer. And when it happens, then suddenly all potential dApps can actually apply to get their token listed, with or without existing SMT DEX on the Steem blockchain itself.

This is like State of the dApps listing of STEEM but then on exchange level. But that is seen or not seen.