Mercatox An Incubator Extra-Ordinary For Cryptocurrencies

in #mercatox6 years ago

Most crypto-currency start-up first Launch their coins, write white paper and raise money before developing the rest of the contents of their road map. In many cases a wonderful white paper or name of coin or even the possible expectations of great returns on the business that the company is establishing may attract great followership. Any part the start-up company takes it need to get the coin listed in a crypto exchange to start attracting investors or getting confident from the public. Crypto exchanges often charge good amount to list a coin and even when the money is ready they are also keen at verifying the company and their coin to make sure that it reach certain minimum. When the exchange minimum qualification is high many start-up are left in the cold having made promises to followers and customers of getting listing at certain time. The question is “Are exchanges to blame for their actions ?” and the answers is a resounding NO. Some pretending start-up are out-rightly scam. They launch their coin get investors fund and abandon both the coin and their road map. It therefore takes an exchange with a ‘large heart’ to incubate the start-ups because such exchanges will have to nurse both credible and scam coins. Mercatox incubates start-ups and do not delay in laying out the rotting eggs before they cause much damage.

Mercatox have been accommodating many start-up and surprisingly a good number have not only recorded success but have exceeded expectations. Their minimum coin qualification for listing is high but not out of the reach of start-ups. The start-ups that do not have money for listing are afforded the opportunity to be voted into the exchange by followers who believe on the coin. Start-ups can now do their work and challenge followers to braze-up and vote the coin into Mercatox. Some start-ups that can even afford to directly get into very large exchange often prefer to undergo Mercatox incubation process as a means of getting slow and steady popularity with the cryptocurrency community who are either in Mercatox already or are keenly watching the growth of the exchange and expecting to join in future. Coins line up in Mercatox voting vault to be admitted into the exchange but they must pass through the voting crucibles or use their own economic strength to get in. It can easily be concluded that Mercatox Cryptocurrency exchange is an incubator for Blockchain and crypto currency start-up hence great start-up crypto companies need to get into Mercatox first before they move to other exchanges especially if they have good Road map and growth expectations.

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