It’s less than a week now and we still don’t know which exchanges are going to list Chia. Is this a common practice in cryptocurrency world or is Chia being extra secretive?
Just don’t understand what would be the downside of announcing it earlier. This way people would have time to open accounts in those exchanges and have time to verify their accounts. Isn’t it in Chia’s best interest anyway?
Unfair advantage. You, as a normal person, would probably not have a chance to buy chia. Various companies, with their resources, would beat everyone in buying chia as an investment.
So if everyone knows at the same time. Everyone has a fair chance.
The company signs NDAs with the exchanges when they agree to list them. There is no way the Company is going to break that NDA. Period. As to why the exchanges aren’t saying anything yet, we have no idea. It could be they want to wait until transactions are live to test, etc. Who knows. We’ll find out when we find out.
Couldn’t find anything about NDA’s specifically in the white paper, but I do remember hearing it from Hoffman somewhere.
Did find some information in the white paper related to what exchanges will probably list Chia:
Page - 23
Digital Money Exchanges
The Company communicates often with platforms that exchange digital assets including digital money. In September 2019 Coinbase announced that chia was one of the seventeen assets they were currently considering for inclusion after those assets launched. In September 2020 Bitstamp announced that chia was one of the digital assets they were exploring support for. The Company expects to provide technical support to such platforms and potentially engage in joint marketing.