Gear up and enter the thrilling realm of GAMMA 4's Sci-Fi Arena.
12 Jul 2023, 15:15
Gear up and enter the thrilling realm of GAMMA 4's Sci-Fi Arena!
Unleash your deck of cards and conquer the cosmos in epic clashes of strategy and skill. 🌌🃏
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#GAMMA4 #CardBattle #CosmicConquest
GAMMA 4 ~The Crypto Sci-Fi Epic!
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1HatomHTM #961
12 Jul 2023, 15:29
Davy.crypto:
LET ME GET THIS STRAIGHT.
Lack of listing understanding and common mechanisms makes you misunderstand things.
1 - Being listed on 2 CEXes at launch is not an easy thing. You complain about nothing, being listed on 2 CEXes is a flex, and the team will ensure they'll do things as they agreed on starting at 0.4$ price. Other projects tried but didn't succeed, showing the quality of this project.
Bigger CEXes require an initial high TVL that will come at launch, so expect them to list HTM in no-time.
2 - Why price dumbs on other CEXes at listing? For some reasons not avaible on Hatom:
a) Listing price is HIGHER than the public sale one. So quick profit/mercenaries simply sell the token for a quick and small profit, making the price dump below reaching the public sale price. Sometimes even lower cause the dump from listing price to public sale price makes investors panic.
b)Listing price of HTM will be the same as the public sale one, so this will not happen. Who will sell the token for a loss at launch? A this point don't even partecipate in the launchpad. I'll get more tickets and tokens, no problem for those that see the potential.
c)The only ones getting tokens at a price lower than 0.4$ are the private investors that have tokens locked for 4 months, so no problem. And they are heavily invested on MultiversX, so difficult for them to dump this project hard once they'll start receiving unlocked tokens.
3 - Why first on CEXes than DEXes? Cause dexes work with pools with limited liquidity and not with order books. This makes it extremely easier to heavily change the price of the token and REKT other investors trying to buy the token. This happened with RIDE.
A first solution was price discovery, a better one is first listing on a CEX and finding a fair price there and then listing on a DEX once the market will have found a fair price on the free market. This is done to protect investors.
4 - I'll have tokens at 0.4$, why partecipating in the launchpad if the price is the same? This is a misconception coming from a lack of understanding of market dynamics.
Public sale investors will get in all at 0.4$. CEXes' investors will buy from public sale investors, cause every time someone buy, there should be someone selling on a CEX. And what public sale investor will sell at a lower price at launch, expecially since the project has an insane potential?
5 - On token utility: at start utility will be governance. Is is bearish? Think different... would you rather the team using the fees collected to bootstrap the project and attract new users and making the project succeed, or dumping those tokens on the community? What is more aligned with the long term health of the project and what will make the token go higher in price in the future? Another "utility" other projects have is staking... but coming from new minted tokens. Me and the Hatom team thinks this only increase the selling pressure and diluite investors not staking, so decreasing the value of the token and not being net positive.
6 - Following point 5, this doesn't mean HTM doesn't have utility. After this first short period focused on massively growing the protocol, all modules related to HTM utility will be launched like the staking, safety module and HTM lending and borrowing once the token will have enough volumes and low volatility.
7 - Some CEXes don't allow to announce the listing prior to it. To avoid price manipulation. Breaking this policy would make them cancel the listing. We can't disclose its name, but for those who have eyes...
crypto:. LET ME GET THIS STRAIGHT. Lack of listing understanding and common mechanisms makes you misunderstand things.
Davy.crypto:
LET ME GET THIS STRAIGHT.
Lack of listing understanding and common mechanisms makes you misunderstand things.
1 - Being listed on 2 CEXes at launch is not an easy thing. You complain about nothing, being listed on 2 CEXes is a flex, and the team will ensure they'll do things as they agreed on starting at 0.4$ price. Other projects tried but didn't succeed, showing the quality of this project.
Bigger CEXes require an initial high TVL that will come at launch, so expect them to list HTM in no-time.
2 - Why price dumbs on other CEXes at listing? For some reasons not avaible on Hatom:
a) Listing price is HIGHER than the public sale one. So quick profit/mercenaries simply sell the token for a quick and small profit, making the price dump below reaching the public sale price. Sometimes even lower cause the dump from listing price to public sale price makes investors panic.
b)Listing price of HTM will be the same as the public sale one, so this will not happen. Who will sell the token for a loss at launch? A this point don't even partecipate in the launchpad. I'll get more tickets and tokens, no problem for those that see the potential.
c)The only ones getting tokens at a price lower than 0.4$ are the private investors that have tokens locked for 4 months, so no problem. And they are heavily invested on MultiversX, so difficult for them to dump this project hard once they'll start receiving unlocked tokens.
3 - Why first on CEXes than DEXes? Cause dexes work with pools with limited liquidity and not with order books. This makes it extremely easier to heavily change the price of the token and REKT other investors trying to buy the token. This happened with RIDE.
A first solution was price discovery, a better one is first listing on a CEX and finding a fair price there and then listing on a DEX once the market will have found a fair price on the free market. This is done to protect investors.
4 - I'll have tokens at 0.4$, why partecipating in the launchpad if the price is the same? This is a misconception coming from a lack of understanding of market dynamics.
Public sale investors will get in all at 0.4$. CEXes' investors will buy from public sale investors, cause every time someone buy, there should be someone selling on a CEX. And what public sale investor will sell at a lower price at launch, expecially since the project has an insane potential?
5 - On token utility: at start utility will be governance. Is is bearish? Think different... would you rather the team using the fees collected to bootstrap the project and attract new users and making the project succeed, or dumping those tokens on the community? What is more aligned with the long term health of the project and what will make the token go higher in price in the future? Another "utility" other projects have is staking... but coming from new minted tokens. Me and the Hatom team thinks this only increase the selling pressure and diluite investors not staking, so decreasing the value of the token and not being net positive.
6 - Following point 5, this doesn't mean HTM doesn't have utility. After this first short period focused on massively growing the protocol, all modules related to HTM utility will be launched like the staking, safety module and HTM lending and borrowing once the token will have enough volumes and low volatility.
7 - Some CEXes don't allow to announce the listing prior to it. To avoid price manipulation. Breaking this policy would make them cancel the listing. We can't disclose its name, but for those who have eyes...