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RE: Making It Work: The Steem Ecosystem. "THINKING OUT OF THE BOX"!
If it is not a crypto token, it can't be listed or traded as such.
If it is not a crypto token, it can't be listed or traded as such.
Submitting a request on Bittrex requires all of the following info:
– Your coin name: self-explanatory.
– Enhanced Verified Account: a team member or shareholder holding more than 10% of the company, must have their identity verified on Bittrex. As with Poloniex, this saves the team time vetting.
– Description of your coin: What makes your currency different than the hundreds of others floating around? The Bittrex website warns “If your ANN thread only has coin specs on it, you are not going to get listed on Bittrex.” Have a clear mission and pitch.
– Coin Trading symbol: a 3-5 letter ticker that will represent your coin forever. No numbers allowed.
– A coin logo: Must be submitted in PNG format with a transparent background. Bitcoin’s orange tilted B is ubiquitous worldwide. You should have a slick-looking logo.
-A launch date: if your coin will or already ran an ICO.
-Github link: Bittrex requires the source code for their due diligence. They will not accept binary.
Additional questions required are: the max money supply, other exchanges you’re listed on, the official blockchain explorer, the TxFee, the results of a premine (if there was one), how money was raised, and links to your company’s social media.
ETH tokens require a few additional notes. If you’re launching a token through Ethereum and had the code on your smart contract reviewed, Bittrex wants to see those results, as well as your smart contract address.
In addition to all that required info, Bittrex recommends (but doesn’t mandate) publicly disclosing your identity and having your coin source code checked by a trusted community member. If you launched the coin via ICO, Bittrex needs details about that as well. The premine info, how much was raised, the publicly accessible information at launch time, and so on. This all matters; Bittrex warns that a $5000 compliance fee may be charged if enough due diligence is necessary.
source: https://www.coinist.io/how-to-get-your-digital-token-listed-on-an-exchange/
...and what about Blocktrades or one of the other exchanges?
At the end of the day if it is recorded on the blockchain and can be transferred between STEEM wallets for "internal use" on steemit (or wherever) then it can be traded on an exchange. You can't prevent it.
Blackmarkets will always exist, "101" sales will always exist, that can't affect the code if it isn't in the whitepaper (our law or call it the constitution).
There are many "Loyalty points" out on the market, issued by various companies and people do use them in many creative ways.
i.e. Frquent Flyer miles points as one example.
Sure, a ticket can be bought for a friend etc. This doesn't alter the set value of the points when purchasing the ticket.
PS. I just woke up.
So let me fill this answer in here after a few sips of coffee.
People can trade anything they want, from Steem Monster cards all the way to kinky underwear.
If it isn't in the code, it doesn't affect the ecosystem, nor the value of those products/services as defined in the code, people can barter them or sell them, who cares.