Altcoins Talks - Cryptocurrency Forum
Archive => Beyond Protocol => Promoted section that are no longer active => General discussion => Topic started by: Freemind on January 04, 2022, 07:19:27 PM
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Latest update from Beyond Protocol CEO, Jonathan Manzi:
We have an update for our community regarding CEX listings and today's scheduled unlock to pre-salers and early contributors. Yesterday, we flagged the possibility of a temporary delay in the tier 1 CEX listing targeted for today due to holidays in Asia. At this time, we can confirm there will not be a listing today. The prospect of the delay helped us to accelerate conversations with two other top flight exchanges about an imminent listing, and we may opt to make a simultaneous listing by the end of next week. For context, the three exchanges fall within the top 7 of CoinMarketCap's exchange score listing system, and one is a long-standing partner of Beyond Protocol's.
Despite the delay in listings, we feel it is critical to make good on our commitments. We plan to release tokens to presalers today around 11:30pm PST in one transaction and move forward with OTC arrangements with WinterMute, our tier 1 market maker and OTC partner. In addition, the overwhelming majority of the community who've opted to stake -- and the amount is unprecedented -- will receive their staked assets.
As you can read, the tokens will be distributed today, while the entry into the new exchanges may take a few days. I wonder the names of those exchanges...
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The listing was delayed because of the holidays, so now we are seeing a token dump. Some people don't like it, but for me it's a chance to buy a token at a lower price.
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The listing was delayed because of the holidays, so now we are seeing a token dump. Some people don't like it, but for me it's a chance to buy a token at a lower price.
Correct, some presale participants have sold during the first token distribution causing the price to drop quite a bit, but I don't care, it's a momentary situation. Considering the project roadmap, technology (with its own hardware wallet), and team, I know the price will go up. Especially knowing that in a few days $BP will be available on 3 exchanges of the top 7, and that one of them will probably be Huobi, an investor in Beyond Protocol.