Hi, its Shortex!
We used to and countinue to get a lot of sceptical questions regarding our idea to build a crypto exchange. From everyone, friends and colleagues and lots of crypto “experts”. Again and again — everybody takes as granted to challenge things. Some are driven by envy (lots of people are afraid to escape from “comfortable” life in office) anothers — by their nature.
This post is for you, and we appreciate all the critics we got, because it made us stronger and set a final trigger for building Shortex. We’ll give a short summary on the questions from the topic of this post.
Why now?
Good question. Yes, we all see that market is down, but wait a minute — what are we calling the “market”? If we mean coin prices, nuber of ICOs and volumes — than yes, maybe its right. But now lets think a minute… . We are biased due to the social media noise. Market is deeper, market should be understood as a perspective, potential revenue pool. From that point there is a thing that everybody should understand — all potential pools are driven. The driver for the market we entered is technology development with its quantified outcomes. It is not correct to judje current market by volumes and coin prices, cause their main driver for now is speculation, unfortunatelly.
Lets think about asset securitizations and its quantified outcomes: small or medium business that is very successful locally, but cannot afford standard funding mechanisms to scale operations or affluent / mass affluent non-institutional investors (just usual people) who is not able to invest in such firms and get jackpot (maybe only id they their houses). This is an example of pool, mentioned above. Only one example. Outcomes / benefits from using blochain potential are amazing for all parties. Now, following our market definition framework, quantify the outcomes. Billions of dollars.
Stay with us to read the next part where we’ll tell you about margin and finnaly answer the second question.
Yours,
Shortex
Published at Wed, 20 Mar 2019 22:01:53 +0000