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Activity
    Boleslav Březovský
    @rebolek
    So better metrics is looking at number of commits. You can see lot of activity there.
    31880994zz
    @31880994zz
    Links I have collected thank you for your reminder
    Boleslav Březovský
    @rebolek
    @31880994zz you're welcome. And don't get me wrong, I'm eager to read new blog article as well :) I just understand why it takes time and it's really not because Red is going abandoned. It's exactly the opposite.
    31880994zz
    @31880994zz
    @rebolek :)
    Gregg Irwin
    @greggirwin

    On the token side, we'll have some announcements there soon as well, but not for exchanges or anything. What people need to realize is that we have no control over those listings, aside from paying more and more fees. That's not a good use of our resources.

    We do appreciate everyone's patience. If you're not a tech or developer, all the work going into Red isn't as visible.

    Cong Ye
    @siriusye
    Nothing about listing, if a project is good enough exchanges will list it for free. It is more about the token economics
    Waiting for the post anyway.
    Vladimir Vasilyev
    @9214
    Listing fees are one of the main sources of income for exchanges, and they can't care less about project's quality. So, your claim about "free listing" makes little to no sense.
    Gregg Irwin
    @greggirwin
    More concretely, @siriusye, if you know of one, we're happy to hear about it. Though more exchanges doesn't add more value. Having a single, good exchange is better.
    BeardPower
    @BeardPower
    @siriusye Most exchanges that people ask for are unregulated. They will only list a token for BIG money. That's how the make money. Listing fees is what made them rich, not trading fees. Taking money for listing an asset is illegal so listing an asset on an exchange has to be free.
    Cong Ye
    @siriusye
    Did you guys pay for ddex or gate listing?
    Also this is not the important part, dont want to spend resource on listing, so be it. But how to use the token is more important.
    Looks like there were many requests about listing makes you guys too
    Sensitive about this topic
    Gregg Irwin
    @greggirwin
    It has wasted a lot of our time. We evaluated the options early on, made the best decision we could, and we stand by that.
    Cong Ye
    @siriusye
    I would understand the case, those top exchanges all ask for huge amount of money for listing, there are free ones but do not provide
    fl
    fluidity
    It is fine to stay current exchanges, good enough. But still make some usages of the token.
    BeardPower
    @BeardPower
    Taking fees for listing an asset is illegal. Those exchanges are unregulated and will soon be "kicked" by the regulators.
    A regulated exchanges will not ask for listing fees because of that. There are some great regulated exchanges with a lot of liquidity but some people want to see the token on the unreguated exchanges for a reason (e.g. no KYC).
    ramdasj
    @ramdasj
    Hi Room I am looking for a change in career from Cloud Engineer to Blockchain Developer. I figured rather than googling it I would ask some of the professionals who can Mentor me to become a Blockchain Developer.
    anything helps
    Semseddin Moldibi
    @endo64
    Hi @ramdasj , I don't think it is a correct place for asking mentorship here, since this room is for Red language development and it's use in blockchain.
    You can find many other online resources, for the basics start with below links, as mentioned in the room description:
    https://medium.com/@mattcondon/getting-up-to-speed-on-ethereum-63ed28821bbe and https://www.youtube.com/watch?v=bBC-nXj3Ng4
    Feel free to ask Red related questions in other rooms.
    Cong Ye
    @siriusye

    Taking fees for listing an asset is illegal. Those exchanges are unregulated and will soon be "kicked" by the regulators.

    do you have a confirmed source about this? or you just assume this will happen?

    Gregg Irwin
    @greggirwin
    No one can say for sure, until regulations are passed. If crypto is to be taken seriously, and spread, there will have to be regulations.
    Cong Ye
    @siriusye

    No one can say for sure, until regulations are passed. If crypto is to be taken seriously, and spread, there will have to be regulations.

    That is true. However, regulations are very country dependent, some countries will never allow crypto exchanges, some countries may allow it very soon. So what is you guys plan for the token economics?

    Cong Ye
    @siriusye
    For most of speculation tokens, their token economics are speculating. So they spend all of their resources to listing and advertising their tokens. This is not good, we all agree. So, you guys claim that you guys don't want to go to that way. But, what is your way? There should be a valid token economics system at least in planning?
    Cong Ye
    @siriusye
    I don't want to be offensive. I didn't lose money in this project. However, one of my friends lost $300,000 in this project. She was a limited partnership of one of the crypto funding who put lots of eth in this project. I just want to figure out what is going on here.
    Gregg Irwin
    @greggirwin
    Yes, tokenomics is still a goal, and I will take the heat for delays on that.
    If people invested for the tech, and held tokens in support of that, they haven't lost anything. Only those in a hurry for profit, who sold during all the volatility of the past year, have lost. Of course we feel for them, but that's all out of our control.
    BeardPower
    @BeardPower

    @siriusye Let me rephrase it. It's illega to take such ridiculous high feest to list an asset. Just look into the listing fees of stock exchanges and others. The fees are regulated! Example: Binance and other exchanges asked for millions to list an asset. A stock exchange's listing fee is about 300 EUR. They just charge for the paperwork and work need to get the asset listed.

    Did your friend sell the tokens? If not she did not have a loss as she still has the tokens. There will only be a win or loss if that trade/exchange is settled.

    If youn want to see the listing fees of regulated exchanges just look at their regulatories.
    Confirmed source: look at the website of the SEC and other regulatory entities. They already closed some of the unregulated exchanges and some of their owners faced jailtime.
    It's not an assumption but hard facts.

    TL;DR:

    Today, the SEC made its biggest announcement yet: all the crypto exchanges are illegal unless they register with the SEC.

    It's more than confirmed.
    It's already happening.
    Cong Ye
    @siriusye
    So the problem is money. However, this shouldn't be a big problem. The ICO raised 28137 ETH. Given there were sales expense etc., I don't know how much you've got on hand. I assume 60% of eth can go to the project. Back to the that time, eth was worth about $900. So 60% percent of 28137 worth about $15 million. I know Binance or Bitfinex normally asks a prices between 1 million and 5 million. After spend money on one of the top exchanges, the team should still have sufficient money for several years of developing.
    If the token price is boosted, the team also can benefit from it. The foundation and team still holds 100 million red tokens. If the price is $1, then there is $100 million. A few million for 100 million is a good deal.
    Cong Ye
    @siriusye
    I guess the real case is the team didn‘t cash out at a good price, but cashed out when eth price was heavily dumped. So team only have several millions on hand. This money is needed for maintaining the developing team for a few years. So there is no money for exchanges. Even the red language and c3 dsl is finished, there still will be no resource for the token price.
    Cong Ye
    @siriusye
    Everyone should live with their decision. Ironically, the lady I mentioned before lost huge amount of money in this project now works as a partner of a crypto exchange.
    BeardPower
    @BeardPower

    @siriusye
    Spending money on those horrific and illegal fees is like burning it. Money needs to be taken to good use, which is development. Neither Binance nor Bitfinex is top exchanges. >85% of the exchanges' volume is fake volume. They are neither regulated, performant, or feature-rich. It also makes no sense in splitting liquidity if an already illiquid asset.
    The token price will be boosted if the utility token is used in services and products. The current price is only formed by hype, FOMO, greed, and criminal activities by certain market participants.

    Again, listed on a regulated exchanged is free! Resources for the token price? It's a utility token and price is formed by its usage.

    She would only have lost money if she sold the token. No money would have been lost until a trade is settled. The golden rule of investing: only invest money you can afford to lose.

    Vladimir Vasilyev
    @9214
    @siriusye this room is for technical discussions only, so you should move your inquiries to Telegram channel.
    Cong Ye
    @siriusye
    Ok, np. Besides of that, is there blockchain side people in this project i can talk to. I think most of the people here are programmers?
    BeardPower
    @BeardPower
    @siriusye Please specify what you mean by "blockchain side" people. Yes, most people in here are programmers which are the "blockchain side" people.