As per my slack + discord outline I would like to propose getting bitcoinZ listed with brokerage firms or creating our own. I prefer many Brokerage firms and our community having its own, due to decentralized access points and not a single point of failure and also for a competitive market.
Spend money to get listed on an exchange.
i.) increases pumps and dump (happens often), if successful listed on an exchange
ii.) issues with getting onto exchanges, or other issues which negatively impact BitcoinZ
iii.) higher exposure to multiple issues like hacking etc.
iv.) depleting community funds which limits drive across other areas.
the list can go on and looks pretty bad, not going to mention it in here.
Create/generating revenue for the community via brokerages or list with brokerages that already exists:
i.) ease point of access for non-crypto folks
ii.) faster adoption due to price point
iii.) return and increase of community funds (if own brokerage is leverage)
iv.) quicker to implement vs getting another exchange.
v.) Less expensive than many crypto-exchanges
Price is always determined by what a person sells a product or item at/for and how much another person is willing to pay.
People would have access to a crypto that has a lower value and following on the past behavior and current behavior of cryptos and all markets:
1.) getting in when stocks/shares/crypto-currencies are low and hodling, is the ideal investment strategy, not waiting till its $100. More millennials etc are aware of this now.
2.) Lower prices of BitcoinZ means the ability for an average person spending $200 or more to get 100’s of thousands means that more people can catch the crypto (tokenization virus) and buy BTCZ as it will produce higher returns as development introduces new technology but most importantly as the coin goes up in value.
This mean investor(s) will increase their returns significantly.
3.) Based on the above, the most important aspect is that everyday people who use credit cards and use plus500, as an example, would be able to instantly make purchases against bitcoinZ. It would also mean they could short it. Cause multiple market effects, and shorting a crypto-can be costly, but a huge factor, pushing prices higher over time.
So we are looking at market access, and more by having adoption within crypto exchanges and going mainstream.
I am not aware of costs, from the point of creating our own brokerage as this may require developers time and infrastructure costs (maybe attached to our new website).
The community can create its own Brokerage fund and this provides a return to users/miners who donate based on a % of the price.
The community can vote and agree on this % of the price point of 1 BtCZ which would equate to the more you donate the higher your return based on the agree % of return is.
forgive the typos