The advantages of a P2P SNAX/Steem exchange

in #snax5 years ago (edited)


buysnax.JPG

Thank you for rebounding on my idea of a P2P SNAX/Steem exchange @dragosroua !
There is nothing worst than posting a good idea and not having any comments.

The big advantages of a Steem/SNAX P2P exchange is the promotion this doing for SNAX on the Steem blockchain.
With 3,000 post per day, the Steem blockchain can tolerate 50 posts dedicated to exchanges per days without trigging the hunger of people claiming we will steal the reward pool. Each offer will make a promotion post.

The use of the tags buysnax or sellsnax is very usefull to find the offers
http://steemit.com/trending/buysnax
https://steemit.com/trending/sellsnax

As @dragosroua mentioned it, the post must be formalized.
I think it is important to indicate the amount of SNAX for sale in the title, the exchange rate and, what I forgot in my initial post, the duration of the offer.

The Steem ecosystem already have 400 dApps and already and i am using Esteem to make the first sellsnax offer. The P2P exchange can go mobile immediately.
https://steemit.com/snax/@chrisaiki/sell-100-snax-exchange-rate-0-011-steem

The proposer of the offer can earn Steem, SNAX and ESTM for each offer. Do you know any other exchange that is rewarding you when you post an offer ? This is definitely a huge advantage over other kind of exchanges.
Even if your offer is not covered, you may earn some money. For sure, abusers will be chased by our beloved @cheetah.

This is so interesting that this brilliant idea can be expend to other pairs : BTC/Steem ; ETH/Steem or BTC/SNAX, ETH/SNAX...
I do not request any right on the idea, but an upvote of the initial post would be welcome.
https://steemit.com/snax/@chrisaiki/proposal-for-a-p2p-steem-snax-exchange

The exchange comes up with a memo exchanged and verifiable.




For bigger amount, the buyer can request the help of another independent Steemian that will play the role of escrow insurer. The exchange will be perform when both parties have paid the third party.
The part that most technical funders are underestimating is the cost of marketing. There are so many new tokens and new exchanges every days that promoting one request a lot of resources.
The P2P SNAX/Steem exchange has its own referral system include in it ! You are earning SNAX and Steem when you use it ! Even when the offer is not covered. SNAX BPs could decide to upvote posts including SNAX exchange.

Unfortunately I will not earn anything from this brilliant idea, but it is my turn to contribute to the community !
When the P2P SNAX/Steem exchange will reach 50 exchanges per day, then other big exchanges will more easily accept SNAX into their business.

This is my contribution to the #snax #challenge30days implemented by @dragosroua, and the beginning of a huge business.
My SNAX ID is chrisaiki.

See you tomorrow.

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It's a gr8 idea Chris 🙂👍

I've also upvoted and resteemed the original post.

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