I appreciate you taking the time to write this up and give us a realistic assessment of the situation.
I don't want to argue with anyone about this as I'm not an expert. But here are my thoughts.
I personally don't think we get much value out of any of these small centralized exchanges, so I view this as "window dressing". I don't think the volume done on these exchanges is real volume (ie people actually trading as a result).
I do understand that people are willing to pay something to keep up the appearance that we "have our token listed on an exchange", but in my eyes as a long term believer in the value of our platform I don't subscribe to that thought. Put another way, if people view our value based on whether or not we are on an exchange, then I think they will be missing out on our opportunity anyways.
I will be a hard "no" on spending $10,000 a month for all 3 exchanges. If we can negotiate one exchange for $3k, then I wouldn't vote against that if people are willing to save face and maintain one exchange.
I'm only one person and I don't plan on having a fight with anyone based on their views. But I am a believer that decentralized exchanges provide us far more value (for little to no cost), and they accomplish most anything we could hope for at this time. (getting money in or out of the system)
I simply don't buy the argument that any of these smaller exchanges help us attract more customers to the system, and the larger exchanges cost millions of dollars and are out of our reach right now.
Thank you Clay for bringing this to our attention and for having a debate about what path we take going forward in this particular area.
For sure Dave and after working with many of these exchanges and MMs I can tell you I have plenty of my own opinions. My goal was to remain as neutral in tone as possible and just present the options. It's not for any one of us to decide. It has to be a majority decision any way we proceed. Thanks for the feedback!
Definitely its a majority decision and that's why I said my thoughts and won't argue about them. I think many people will have various opinions and we are all entitled to follow what we think is right. Again thanks for organizing this and enlightening us to the situation and the facts necessary to make a choice!
I do not mind this opinion at all. As you know I am a concervative guy. That is why I like to see the estimate and option and decide after that if a proposal is even needed. If we do nothing, no proposal is needed.