Hopefully you have been able to enjoy a wonderful holiday season with those close to you. We have been working hard behind the scenes to execute our plans and are happy to report that everything is moving forward with full force. Please note the important updates below.
- DUEC is excited to announce the start of a weekly lottery starting on the 15th January and ending six weeks later on Friday 23rd February.
- Entry is to be made on our website by filling out the simple entry form
- Entrants will need to submit their Duecoin Wallet address
- One entry per wallet
- Additional tickets can be attained by filling weekly tasks (see website)
We are able to formally confirm that we have been accepted to list DUEC on HitBTC, one of the world’s elite cryptocurrency exchanges. Once the acceptance and review process is complete, we will launch on the HitBTC exchange. According to HitBTC, this should be a +/- 3 week process and is already under way..
We are deeply invested in the token registration process with several other top end crypto exchanges and will update when the information is confirmed. Crypto exchange token listing is a process, and these things take time. Any anxiety our community members are facing is the result of being a part of a start-up developing a new blockchain based ICO platform and the current environment of the crypto start-up market. The DUEC team and community should be focused on the long-term prospects of DUEC, and have some patience. Don’t focus on short term gains. Our advice for everyone in our community is to research our project and wait for HitBTC or one of the other exchanges to list DUEC.
The exchange process has 2 core phases, audits, and integrations. Audits are where information can be released to us, vs integration is what’s required for the actual trading to begin. The whole issue here is in regards to the speed of integrations, which unfortunately we have limited control and don’t have a way to predict. Aside from HitBTC we hope to have announcements about other exchanges soon.
Rest assured – listing on exchanges is our number one priority at this junction, and we are constantly improving our road map for active market places, and to further our project.
The biggest purpose that we’ll serve should impact both our price and the ICO side of this industry. It is pretty simple; after our exchange launch and road map are in place, our beta infrastructure goes live for our ICO network. So essentially, at this time, all new token sales and ICCs running through our beta, are likely to positively impact DUEC’s trading value, and market.
In the event the core prjects is successful, this will help streamline the process for new coins/ tokens to hold more efficient transitions from token sales to exchange launches (which we believe will be one of the booms in this market that continues through 2018, just with more guidelines than 2017).
Future ICOs will have fewer barriers to entry. One such barrier that we as well as our community have felt is the difficulty and cost in contemporary exchange listing. ICOs will be able to offer their token through the DUEC network and proceed to focus on the specific project behind the ICO placing less pressure on the immediacy of exchange listing currently required to raise real capital. This means that’s ICO with proven value will enter into exchanges in a far greater position with a truly price reflection in there token.
We will keep our community updated on the progress of the DUEC market as we approach the Beta launch.
We cannot thank you enough for your continued support and spreading the word about DUEC!