PROBIT DIGITAL CURRENCY EXCHANGE: New Korean Exchange

Few things have imploded in global adoption at the scale witnessed by the crypto market.

To accommodate the growth in adoption, and to handle the trade demands of the community, exchanges have launched all over the world. However, the vast portion of exchange developments have been concentrated from the US and China. It’s in the best interest of the community that a decentralized infrastructure is accommodated by a network of exchanges that is well-spread across the world.

A vast portion of exchanges have come out of US and China due to the high Crypto interest rooted in the countries. Interestingly, despite Korea having one of the highest national Crypto trade interest, there’s a limited number of major exchanges from the country; in fact, the highest spot currently held by a Korean exchange is on the 11th spot (by trade volume ranking).

A newly launched Korean exchange, ProBit, aims to diversify exchange presence across the globe, starting with Korea

The Strategy

ProBit Exchange intends to offer over 150 cryptocurrencies. What’s more, this exchange does not accept listing fees from projects. Any project worthy enough to pass ProBit Exchange’s requirements, may list.

This policy will actively protect users from scam projects and hit and runs. A cryptocurrency exchange having no listing fee is very rare – it ensures that the exchange has no conflict of interest in listing projects and aim to list only the very best for its users.

While bitcoin volume is certainly the crown of the market, token trading has seen substantial growth. Thus, exchanges that are friendlier to new cryptocurrencies have a good chance of capturing the one section of the market volume that is still increasing.

Kairotic Power
Sometimes, timing is everything. ProBit has a record-strong matching engine and well-established security measures so it doesn’t need to rely on timely launch benefits to have an edge. Nonetheless, the Korean government remains poised to soon relinquish pressures on the Crypto market. As regulation become ICO-friendly to domestic blockchain startups, an exchange that aims to aggressively extend its token menu will have a strategic benefit in Korea. Newly launched ICOs within the country would gladly welcome a domestic partner.

This isn’t the only kairotic benefit ProBit has.

Just earlier this year, one of the major Korean exchanges was hacked and suffered a major loss in user base. As a vast number of Korean traders have abandoned Bithumb, a new exchange could stand to be their new home.
Given that ProBit gives extra focus on security, it seems that it has placed the set of measures Korean traders will seek.

Global Presence
While ProBit stands to have a competitive advantage within the Korean market as it can create pathos appeal to traders of its own country, it intends to be a global institution.

The exchange is going to allow all holders of PROB tokens to vote on listings. Thus, anyone from anywhere can make an impact on the listings that take place on ProBit, thereby allowing people from all over the world to decide the direction ProBit takes. Also, holders of the exchange’s PROB tokens will allow market-makers to pay fees as low as 0.025%.

This is a record-low fee that will greatly appeal to traders from any country. On another note, given that the trading pairs are not linked to fiat, ProBit doesn’t limit itself to a specific country’s traders. Being friendly to a large amount of cryptocurrencies means the exchange welcomes listings of projects from across the world.

ProBit will first start off with a focus in South Korea and to the other major markets globally. There’s a need for more exchanges from countries other than China and the US as that’s in the best interest of a system that prides itself on decentralization. While the exchange makes a great effort to spread awareness of its developments, it has a strict policy of never paying for marketing with PROB tokens.

AirSwap 100% ANONYMOUS & P2P Ethereum Token Exchange

Some services intend to specialize, and Airswap specializes in the ability to provide an incredible UI when doing p2p, anonymous trades.

Unlike Ethershift, Airswap has a goal of making the p2p trade experience familiar to the average user. While the menu is very limited, the trade is easy to manage and broken into simple, welcoming steps. Airswap is not like a traditional exchange as it allows wallet-wallet transactions. Thus, like Ethershift, it allows users to trade with each other without handing over private information.

Airswap successfully continues a portion of Shapeshift’s mission. Rather, it greatly excels at part of it: easy, anonynous trading. This has made the platform limit the menu of tokens that it covers. Nonetheless, it is an easy platform for anyone seeking to do p2p trades of the most popular tokens.

AirSwap Features!

Trade ERC20 tokens with peers from around the world. Find a counterparty, get a price, and make a trade securely on the Ethereum blockchain.

No third-parties and no trading fees. Trades on AirSwap are peer-to-peer and wallet-to-wallet. Only pay the network “GAS” fee to process transactions on Ethereum.

No risk of hacks. Since it’s a peer-to-peer token exchange, you control your funds and trades are executed on the Ethereum blockchain. You are safe and in control at all times.

AirSwap List of supported Tokens.

  • adToken(ADT)
  • AdEx(ADX)
  • Aeternity(AE)
  • Aragon(ANT)
  • AppCoins(APPC)
  • AirSwap(AST)
  • Aventus(AVT)
  • Basic Attention Token(BAT)
  • BlockMason Credit Protocol(BCPT)
  • Bloom(BLT)
  • Bluzelle(BLZ)
  • Binance Coin(BNB)
  • Bancor(BNT)
  • Bounty0x(BNTY)
  • Bread(BRD)
  • Cindicator(CND)
  • Civic(CVC)
  • Dai(DAI)
  • Datum(DAT)
  • Debitum(DEB)
  • DigixDAO(DGD)
  • Digix Gold Token(DGX)
  • district0x(DNT)
  • Dether(DTH)
  • Edgeless(EDG)
  • aelf(ELF)
  • Enigma(ENG)
  • Enjin Coin(ENJ)
  • Ethos(ETHOS)
  • STASIS EURS(EURS)
  • FunFair(FUN)
  • Gnosis(GNO)
  • Grid+(GRID)
  • Gifto(GTO)
  • Holo(HOT)
  • Huobi Token(HT)
  • IOST(IOST)
  • Kyber Network(KNC)
  • LGO Exchange(LGO)
  • ChainLink(LINK)
  • Loopring(LRC)
  • Decentraland(MANA)
  • Maker(MKR)
  • Modum(MOD)
  • Numeraire(NMR)
  • OmiseGO(OMG)
  • Po.et(POE)
  • Power Ledger(POWR)
  • Populous(PPT)
  • Ripio Credit Network(RCN)
  • Raiden Network Token(RDN)
  • Republic Protocol(REN)
  • Augur(REP)
  • Request Network(REQ)
  • RChain(RHOC)
  • SALT(SALT)
  • SingularDTV(SNGLS)
  • Status(SNT)
  • SpankChain(SPANK)
  • Storm(STORM)
  • Substratum(SUB)
  • TrueUSD(TUSD)
  • BLOCKv(VEE)
  • Waltonchain(WTC)
  • Zilliqa(ZIL)
  • 0x(ZRX)

Website: https://www.airswap.io/

CoinJanitor(JAN) Review: Why it’s great to be a JAN holder!

coin janitor logo

High Demand
They will hold a scarce resource, the only one in the market that can be used to buy out dead coins and unlock value trapped in them to make it flow back into the cryptocurrency market.

Network effect
The amalgamation of dead coin communities and other dead coin assets under a single roof – the CoinJanitor project.

Tools and Resources
Access to all CoinJanitors data, together with the tools and resources that CoinJanitor will develop from its research and the assets it integrates from dead coin projects.

 

CoinJanitor Token Distribution

Our sale aims to be inclusive, while allowing us to keep a reserve that will allow us to achieve our goals. Here is how we will distribute CoinJanitor tokens following the sale:
Founders & Team – 10%
Bounty Campaigns – 5%
Partners – 5%
Token to Buy Failed Coins – 30%
Public Sale – 50%

 

CoinJanitor (JAN)BENEFITS

There are 4 main groups of people who will benefit from the CoinJanitor project. People may belong to more than one of these groups simultaneously, which means they will enjoy the benefits on every group they might be in. The following are the groups of people who will benefit from the CoinJanitor project and how they will benefit:

Users of Failed Coins: They will benefit from the opportunity to get value back from coins that cannot be sold. They will also benefit from joining a community that will grow exponentially as CoinJanitor continues to amalgamate communities of other failed coins that are otherwise cut-off from the markets.

CoinJanitor Users: They will benefit from the creation of a new economy that wouldn’t exist otherwise. This economy is based on unlocking value trapped in failed coins and achieving a network effect by amalgamating the communities of these failed coins into a single one.

The Market: Cryptocurrency markets will benefit from 2 positive externalities that the CoinJanitor project will produce: the reduction of dilution in the markets through the decommissioning of blockchains that trap value, and the ability of CoinJanitor to become a vehicle through which the trapped value can be transferred elsewhere in the market.

Project Creators: They will benefit from creating an unprecedented project in the space, opening a debate that cryptocurrency enthusiasts should have about the best way to deal with failed coins, and the privilege of leading a newly created community with the development of more tools that will be useful to cryptocurrency enthusiasts and markets across the board.

 

CoinJanitor JAN Roadmap

 

CoinJanitor (JAN) FAQ!

1. How do you make money from the project?
CoinJanitor aim to unlock value trapped in failed or dead coins, add value through the amalgamation of deadcoin communities and make that value transferable into the markets. The network effect created through the amalgamation of dead coin communities is the cornerstone of our value proposition. As we integrate more dead or failed coin communities under the CoinJanitor umbrella, that network effect should grow, compounding the value of our token.

2. Which countries are not allowed to contribute?
US citizens and residents are not allowed to contribute.

3. Why there are no advisors?
The team has all the expertise needed to carry out its task and Marc Kenigsberg, one of the top ICO advisors in the world, is leading this effort. We have asked would-be advisors to help us spread the word about the project instead of hiring them to perform specific tasks. Many advisors have approached us, but we believe they can help us better by putting a good word in if they really believe in the project. Many have and we have been encouraged to stick to this approach.

4. When you will be listed on the exchange?
As soon as the public sale is over we will list our token on the exchanges we have struck a deal with already.

5. How do I get JAN coins?
You can contribute directly during our public sale starting on May 1st . You can also participate in our innovative bounty program and get a reward for your role in helping our nascent community.

6. What can I do with JAN coins?
CoinJanitor tokens (JAN) are an ERC20 token that will allow you to transact and transfer value. They will also be the basis of a new economy based on the recycling of dead coins through the amalgamation of dead coin communities. Any activity within this economy will be denominated in JAN and the team is planning to add more functions to the token once it starts deploying it to buy out and decommission dead coins. We would like to keep our focus on that task and worry about the deployment of additional functions for the JAN token later this year. Our road map and our white paper suggest ways in which we can add functions to the token. We will disclose those once they are ready for deployment.

7. What currencies are accepted?
Contributions can be made in BTC, ETH, LTC, XMR, BTG and BCH. We will also take contributions in fiat (USD).

8. What is the company’s vision?
CoinJanitor will become one of the most significant sources of data, code and other IP assets in cryptocurrency markets. We will build innovative tools with these assets for the benefit of anyone interested in cryptocurrencies in general, and our community members in particular. Unlocking value trapped in dead coins, adding value through the integration and amalgamation of dead coin communities under the CoinJanitor umbrella to create a network effect, and allowing people to transfer that value openly into cryptocurrency markets will be the first step we take in that direction.

Conclusion:

One of the most important aspects when learning about CoinJanitor is their strategies when dealing with communities at the moment of making the necessary arrangements to proceed with the actual purchase of the project.

In short words, once the team at CoinJanitor evaluated a project and concluded there are valuable asset that could help the entire crypto community, they will approach the people behind the project, at this point there could be several cases depending if there are divisions in the project’s community or if on the contrary, the people are united with common interests.

In the cases where there are divisions involving the community of the dead crypto project and/or its owners, then CoinJanitor will most likely avoid getting involved because dealing with complicated situations can consume too much time and energy. CoinJanitor is looking to create relationships with people that understand the fact that what CoinJanitor is doing brings benefits to everyone, so if things get complicated with a particular project, CoinJanitor will simply contact a different project and start to work with them in making the arrangements to acquire that project.

In my personal opinion, I think the most common case will be to find projects with a little dose of conflict between its member caused by the project’s failure, but they will most likely agree with the terms CoinJanitor will be proposing to at least recover some value from the work they did.

In the infographic I am sharing below, I explained the 3 situations that CoinJanitor might face when dealing with communities from dead crypto projects.

 

Infographic about the way CoinJanitor will deal with communities

CoinJanitor Infographics

DISCLAIMER
The information contained within this post shall not be taken as a financial advice. I am not a financial adviser and none of your investment decisions should be carried out based on any information presented here. You can lose all of your money by investing. The information presented in this article is for educational and entertainment purposes only.