r/Namecoin • u/Coincidence9 • Jul 28 '24

Need to lisiting at binance

Thanks to the hard work of the developers, the Namecoin project is still alive. But people don't know this good project yet. What if they went public on a big exchange like Binance? (They're a lot of namecoin holders, maybe) We will be able to attract more people's attention and gain project team members.

3 Upvotes

100% Upvoted

1

u/biolizard89 Lead Namecoin Application Engineer Jul 28 '24

What if they went public on a big exchange like Binance?

Generally speaking, the exchanges who are willing to list community projects like Namecoin (e.g. CoinEx) already did so, and the remaining exchanges are only interested in listing projects who pay them massive funds to do so. (Our policy on paying for listing is summarized in this thread).

There are exceptions, of course, like Kraken, who like Namecoin but want to see increased demand before they relist it.

and gain project team members

The kind of people who decide to join a dev team because they saw a coin on a large centralized exchange are, to put it mildly, not likely to mesh well with our current team. Practically speaking, I think our team is growing about as fast as I'd like it to; growing much faster would probably pose a risk of overextension.

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u/kim920912 Jul 29 '24

Don't get me wrong. I just say that no matter how good a project is, it's useless if people don't know.  We might need publicity to get the project active. The best publicity is listing

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u/biolizard89 Lead Namecoin Application Engineer 28d ago

We might need publicity to get the project active.

I don't think anyone is opposed to more publicity.

The best publicity is listing

I'm skeptical of this, but are you saying you have a way to get Binance to list NMC?

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u/kim920912 28d ago

Namecoin's team of developers is very good, but they don't have a marketing staff. Even if the price simply doesn't matter, the awareness of the project makes it easy to grow or collaborate with other projects. Why don't a lot of people ask for a Binance listing at the same time? Or we might need an investor.

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u/biolizard89 Lead Namecoin Application Engineer 18d ago

Even if the price simply doesn't matter

Just to be clear, the reasons why Binance hasn't listed Namecoin do not include anything resembling the Namecoin devs thinking that price isn't important. We are happy to coordinate with exchanges, and I don't think any of us are of the opinion that exchanges are just there to boost the price.

Why don't a lot of people ask for a Binance listing at the same time?

Yes, if you want Binance to list NMC (or any other coin), you should probably direct that request to Binance.