Good afternoon everyone
For our token holders, we understand the bull run has just begun and your patience is much appreciated.
Recently as you are aware, we made an extremely quick and sophisticated change by rebranding the current Dex to DexToro Pro and our main flagship product is just "DexToro", which is a revolutionary iOS & Android app that enables millions to be onboarded into DeFi without knowing absolutely anything about crypto. No wallet management (private keys, seed phrases), No Bridging, No Gas Fees, No directly connecting wallet to Dapps which poses significant risks such as signing maliciuous signature requests and forgetting to revoke connection afterwards which 99% of defi users never do anyways.
Lots of different avenues we can take from here in regards DTORO and you already know we have been trying to secure a CEX listing but this simply won't cut it. CoinW also decided to place us in the assessment zone due to lack of upkeeping the orderbook in a healthy state since we have a liquidity issue as you are very well aware of. This is why CoinW removed us from being visible on CoinMarketCap and CoinGecko. Quite an interesting move if you ask me. We are still listed on CoinW, anyone can buy and sell with ease (liquidity is the only hurdle at large volume trades).
Our most likely solution here to put a final fix and move forward, we are beginning to take meetings with bluechip market making firms to negotiate them to take over the entire DTORO operations, fully hands on. To put this into context, we have never had a market maker yet for DTORO, it has been powered by the minimally required orderbook management bot which would be adjusted from time to time. Very unique situation for a token indeed. We are looking to possibly pay a fee of 5-10% of the total token supply to our new market maker so they can be well incentivized to take care of all liquidity, CEX listings and maintain highly liquid and efficient market.
DexToro is primed to go live on the appstore before end of year, let's work together and spread the word once we launch live, 5 star reviews submitted on the AppStore etc... We have high profile celebrities verbally commit and some in contract. We have secured "star power" if you say, which just means this is an app that's easy to understand and it just makes sense and there is a huge need for it. Onboarding millions into DeFi and 1M app downloads within 90 days is our first KPI. We will begin updating on the DTORO progress with MM after the app goes live and everything will fall into place.
This app is going to finally take DexToro into a globally recognized brand. Just watch.
Best regards,
Nick
For our token holders, we understand the bull run has just begun and your patience is much appreciated.
Recently as you are aware, we made an extremely quick and sophisticated change by rebranding the current Dex to DexToro Pro and our main flagship product is just "DexToro", which is a revolutionary iOS & Android app that enables millions to be onboarded into DeFi without knowing absolutely anything about crypto. No wallet management (private keys, seed phrases), No Bridging, No Gas Fees, No directly connecting wallet to Dapps which poses significant risks such as signing maliciuous signature requests and forgetting to revoke connection afterwards which 99% of defi users never do anyways.
Lots of different avenues we can take from here in regards DTORO and you already know we have been trying to secure a CEX listing but this simply won't cut it. CoinW also decided to place us in the assessment zone due to lack of upkeeping the orderbook in a healthy state since we have a liquidity issue as you are very well aware of. This is why CoinW removed us from being visible on CoinMarketCap and CoinGecko. Quite an interesting move if you ask me. We are still listed on CoinW, anyone can buy and sell with ease (liquidity is the only hurdle at large volume trades).
Our most likely solution here to put a final fix and move forward, we are beginning to take meetings with bluechip market making firms to negotiate them to take over the entire DTORO operations, fully hands on. To put this into context, we have never had a market maker yet for DTORO, it has been powered by the minimally required orderbook management bot which would be adjusted from time to time. Very unique situation for a token indeed. We are looking to possibly pay a fee of 5-10% of the total token supply to our new market maker so they can be well incentivized to take care of all liquidity, CEX listings and maintain highly liquid and efficient market.
DexToro is primed to go live on the appstore before end of year, let's work together and spread the word once we launch live, 5 star reviews submitted on the AppStore etc... We have high profile celebrities verbally commit and some in contract. We have secured "star power" if you say, which just means this is an app that's easy to understand and it just makes sense and there is a huge need for it. Onboarding millions into DeFi and 1M app downloads within 90 days is our first KPI. We will begin updating on the DTORO progress with MM after the app goes live and everything will fall into place.
This app is going to finally take DexToro into a globally recognized brand. Just watch.
Best regards,
Nick