Criteria to consider prior to listing on CCEDK exchange
Listing a crypto currency on our exchange is not without costs and time invested in a project like this, not to mention the work ahead promoting this new addition, we would therefore appreciate your help in answering the below questions prior to a possible listing on our exchange, as it can help us decide whether it will be a mutually successful listing.
It is very important for future success that a co operation is based on trust and interest in making things happen for the benefit of both our exchange, but certainly also for the altcoin and its community in question.
I thank you once again for your participation and understanding for the below mentioned set of criteria to be considered. Yours sincerely Ronny Boesing, CEO, CCEDK Aps
No need to say, that any information mentioned here is treated in all confidentiality!
Criteria set for choosing altcoin to be added to CCEDK exchange. | Altcoin information
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Established when, lowest and highest listing on coinmarketcap. And present listing. | Created in Oct 2013. Lowest trading value approx. 0.000003 BTC/GRC. Highest trading value: 0.00005273 BTC/GRC Current approximate trading value: 0.000012 BTC/GRC |
Amount of registered users, amount of active users in community and will they be able to contribute proactively? | Team overview: http://boincstats.com/en/stats/-1/team/detail/118094994/overview Number of members: 7,369 Number of active members: 2,232 Current number of users in IRC: 101 Number of /r/gridcoin subscribers: ~1142 Forum topics: 529 Forum Posts: 29,556.
Proactive contribution capabilities: Currently we’re lacking in C++ developers for core client development (aside from the lead dev), but new services/websites/apps are popping up every couple weeks for Gridcoin. There is also a foundation which could be used to fund development. |
Short description of altcoin in question with 5 strong selling points. | Gridcoin securely rewards BOINC computation using the Distributed Proof of Research (DPOR) reward mechanism, which is a combination of Proof of BOINC (POB) and Proof of Stake (POSv2).
BOINC computation can be virtually any kind of distributed computing process (ASIC/GPU/CPU/Sensor/Etc). Examples of BOINC project purposes are folding protiens, attempting to solve cancer/aids/ebola/malaria, mapping the milkyway, cracking remaining enigma codes, searching for extraterrestrial life (SETI), searching for asteroids, predicting climate change, etc. Check out the list of whitelisted BOINC projects currently rewarded by the Gridcoin network.
5 Strong selling points:
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Why would being added to CCEDK make a difference? What points make future co operation stand out as unique? | Currently, on-ramps are difficult for Gridcoin – users have to use FIAT to buy BTC to then buy GRC, plus we are not listed on any European exchanges yet.
A ‘GRIDCOIN’ MPA (https://bitshares.openledger.info/#/asset/GRIDCOIN) has been created on the Bitshares platform, we’re currently awaiting integration into Xeroc’s pricefeed script before the MPA is active. Once our MPA is active, being added to CCEDK will create a bridge between the Gridcoin blockchain and the Gridcoin MPA (Gridcoin blockchain -> open.GRC -> GRIDCOIN). Future BOINC project owners (or gridcoin users) may distribute new UIA based on specific BOINC project contributions. It’s a new sharedropping vector that doesn’t involve handling private keys (bitshares style sharedrop - based on past coin distribution) or using a 3rd party service (facebook by auroa - equal distribution). |
What other exchanges are already offering the altcoin? List also here which ones Are offering which Fiat currencies. | https://poloniex.com/exchange#btc_grc https://bittrex.com/Market/Index?MarketName=BTC-GRC
Currently, only c-cex offers the grc-usd trading pair. |
What media connections are used for publishing to insure getting noticed? Which ones do you have a strong relationship with? | Media connections? It’s largely viral marketing at the moment – posting on reddit to recruit new users, and using our forums/irc to discuss BOINC and further development.
We’ve had some exposure on several of the main cryptocurrency websites, and recently had a mention on the daily decrypt: https://www.youtube.com/watch?v=IwK6cAKenXc
Our main successful advertising is performed over on boincstats.com – regularly brings BOINC users from other teams to team Gridcoin. I believe some of our users have ties to the merkle. |
What amount of users is expected to join CCEDK with a future listing? Like what unique users connected to altcoin are expected to register within first month? | Unsure, but we have had approximately 800-900 join the Gridcoin system (pool + solo) within the last week due to a single reddit post, so hopefully we’ll continue to gain popularity. We have the ability to email our entire user base (at least the users who contribute to BOINC projects within team gridcoin that is).
We could encourage users to sign up for CCEDK & display links to CCEDK throughout multiple gridcoin websites. |
Are you able to donate amount of altcoin for promotional purposes? Like free giveaway to each user registereing etc. How much? | We could potentially use foundation funds for promotional purposes, yes.
Depends – how much have other alt coins distributed in the past? |
Are you willing to invest an amount of your currency to CCEDK? If so, how much? | I have placed several orders for OBITs (2.5k) and OPENPOS (5k), I’m confident in the future of bitshares & related projects. |
Are you ready to pay in your altcoin to be listed? We ask here the equivalent to minimum 4 BTC in your coin in question. | It would have to be put to a vote to spend foundation funds, if you’re interested in pursuing the addition of Gridcoin to CCEDK I can write up a proposal to the Gridcoin community & create the foundation poll for users to vote on. I’ll write up a proposal & create a poll. |
What "secrets" could a future co operation bring to the table. Synergy based activities, assets etc. added with a listing. | I’ve been looking into making Gridcoin’s Neural Network (Distributed BOINC statistics) a new sharedrop vector for User Issued Assets (a sharedropping vector that would not require user’s gridcoin private keys).
It’s still early days – currently working on adding the op_return code in, then I will need to figure out how to create the equivalent of a ‘sendmany’ transaction to several thousand Bitshares users who have matched their “BOINC CPID : Bitshares account” in the Gridcoin network.
We already have a “Project Rain” functionality available within the client, and available over on my website (grcnode.co.uk) – allowing you to generate a sendmany transaction to thousands of users based on their contribution to individual BOINC projects or all projects combined. The sharedrop vector is an extension of this idea.
Most likely what would be the case for existing gridcoin users, is that they would be directed to sign up for a BTS account using a web wallet (Openledger) to save time downloading the BTS blockchain.
More info: https://cryptocointalk.com/topic/44611-monitoring-selfburn-addresses-for-custom-beacons/ |
What amount of merchants are to date connected with altcoin. Will these merchants be possible to connect with CCEDK as fiat exchange. | Currently, we’ve only got the one merchant platform: https://cointopay.com/
Hopefully merchant support will grow in the future, but my main focus is aiding in the development of Gridcoin & finding uses for GRC within the wallet. We’re currently being integrated into the Coinomi wallet too. |