Author Topic: OpenLedger Decentralized Exchange  (Read 1110 times)

warmach on: March 11, 2016, 08:51:24 PM

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Would anyone be interested in trading on OpenLedger decentralized exchange?

https://openledger.info/?r=warmach20

I would be happy to create an asset on exchange and act as pass through/gateway from FIMK network to OpenLedger exchange.  I've already done a similar thing for Timekoin.  I would rather not spend the time and money to do so if no one is interested. 

Thoughts?
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eRoh #1 on: March 13, 2016, 10:38:02 AM

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IMHO, this would be an interesting and useful addition to the ecosystem. At the moment, CCEDK seems to be the only exchange of any significance, and especially the decentralization could bring more reliability and stability.
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warmach #2 on: March 13, 2016, 01:45:24 PM

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IMHO, this would be an interesting and useful addition to the ecosystem. At the moment, CCEDK seems to be the only exchange of any significance, and especially the decentralization could bring more reliability and stability.

I like it for the decentralization and also the transparency of the whole thing.  Actually, CCEDK is one of the major exchanges that have bought into it.  I heard that Ronny Boesing is going to be shifting most of the CCEDK exchange onto this platform.  I can't find the article where I saw that though...
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bittimikko #3 on: March 14, 2016, 07:43:48 PM

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I'm a little out of this, but it seems that ccedk has added obits-fimk an opportunity to exchange https://www.ccedk.com/obits-fimk
and https://www.ccedk.com/btsr-fimk
No orders at the moment there.
« Last Edit: March 14, 2016, 07:53:19 PM by bittimikko »

warmach #4 on: March 14, 2016, 09:24:30 PM

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I'm a little out of this, but it seems that ccedk has added obits-fimk an opportunity to exchange https://www.ccedk.com/obits-fimk
and https://www.ccedk.com/btsr-fimk
No orders at the moment there.

Obits and BTSR are their own assets, not representing any particular currency.  Obits is basically the asset for being a shareholder in OpenLedger and BTSR is for being a shareholder in the BTSR advertising network.  So, you can use FIMK to buy these assets to become a shareholder for either project.

What I was asking was if people were interested in trading FIMK on the exchange.  I would create an asset that has a 1 to 1 ratio for FIMK.  This asset would then represent actual FIMK inside the OpenLedger exchange.  People could trade this asset and then cash out by sending asset back to me.  I would then transfer the actual FIMK to them on the FIM network.  I would be acting as a gateway.

I can't create a "smartcoin" on OpenLedger because it requires a lot of up front funding to get started and I don't have the resources to do that.  A major exchange would be able to do that if they wished because they likely have more available funding up front.
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