Daybit's trading volume doesn't even touch 1/4 of the trading volume of the 100th exchange (ranked by volume).
Seems like they are in need of a partnership with a platform that can bring users like STEEM. Seems like Daybit needs STEEM and not the other way around. You should have plenty of leverage already.
First of all, it's kinda newly launched exchange. But during the first month, it even hit the 12th level of the 100th exchange, but their volume sinked a lot because their Day token has some unfit part with what the market wanted.
Now they are preparing a huge range of revision work in their strategy. Because the mother company (Chain Partners) is one of the biggest blockchain companies in Korea, we think they still have huge potential to spike up again. This is why we think it's perfect timing to build the relationship when it is undervalued.
Yes they have low volume atm, but you know what? here is what we've found after meeting with many different exchanges (including few of top 10 exchanges).
My point is.. I think it should be a win-win situation for both side in order to be happened.
Here you have a team who actually go out there and try to achieve a listing, not just a listing but STEEM pairing which would work for a multitude of future Steem tokens... yet it’s still not good. Not even some appreciation expressed for the efforts.
Seems your demands are a can’t win situation.
I'm not discounting what they are attempting. I'm just saying that they shouldn't discount themselves. The point that I was attempting to make is that STEEM could bring more value to Daybit than what Daybit could bring STEEM. With that said, they shouldn't assume that they don't have leverage to bargain with Daybit. In fact, Daybit should bargain with STEEM.
As far as appreciation for efforts are concerned, I need to ask what you are talking about? So far there might have been perhaps some emails back an forth with an exchange that is no where near the top 100 in terms of volume. I wouldn't elevate that to the level of an effort that should be appreciated.
Maybe I'm wrong altogether. Maybe it is a matter of perspective. I have a level of "effort" that is higher than what I would consider the average while there are others that would consider getting out of bed each day may be considered a high level of effort. Tell me, how would you quantify a level of effort that warrants appreciation?
I think the more important element here is that when one exchange starts listing STEEM SMT pairs... more will look into it as well. It’s truly trailblazing what they are doing: no SMT token yet and already creating a possible market for it, even with temporary SMT tokens.
It’s a potential win and a definite experiment for both. Remember that SMT tokens do not yet exist, and Steem Engine the side chain is still unproven, even doesn’t yet have a consensus mechanic.
This is market creation, genuine creation and that not in the usual sense of using a bot. This is developping a whole new ecosystem: making the SMT DEX which may or may not come from another developer. And when it happens, then suddenly all potential dApps can actually apply to get their token listed, with or without existing SMT DEX on the Steem blockchain itself.
This is like State of the dApps listing of STEEM but then on exchange level. But that is seen or not seen.