Listing
Last updated
Last updated
Listing is a procedure in which a cryptocurrency is entered into the list of exchange assets, after which it is possible to open transactions for its purchase or sale.
The listing of the TYZ token will be held on the CEX (Centralized Exchange) and DEX (Decentralized Exchange). Listing on the DEX is planned for Q3 2023 after crowdsale № 3 on three exchanges:
PancakeSwap;
Biswap;
Sushiswap.
Why did we choose this time for listing? There are several reasons for this:
Ecosystem development stage. There is no need to be listed on the stock exchange when the project is just starting to emerge. It is more rational to direct resources to further development and to solve related problems. At the third stage of the development of the TYZ ecosystem, most of the main functionality is revealed and the opportunity for listing appears.
The presence of demand for the purchase of a token. The demand for the purchase of the TYZ token will grow along with the construction of the market for the use of the token. In the Q1-Q2 2023, “GameFi”, “Indrik Club” and a staking platform will already be operating, on which users can earn income. Listing on the DEX will allow investors to buy more TYZ tokens if necessary, without waiting for the next stage of the crowdsale.
Respect for the interests of investors. Listing on the exchange provides an opportunity for investors to sell their TYZ tokens if they wish. We understand that holding funds for too long can turn investors off. Listing on the DEX in Q3-Q4 2023 takes into account both our plans and the interests of investors.
The cost of the TYZ token on crowdsales. Before listing, the selling price will be set manually, depending on the exchange rate. Setting fixed prices on the first three crowdsales provides the necessary funding for the formation of the basic functionality of the ecosystem. You can learn more about prices and parameters on crowdsales in the Crowdsale.
Crisis in the cryptocurrency market. Starting from 2022, there has been a market decline, recovery from which, to an optimistic forecast, may take two to three years. We limit ourselves to a sufficiently broad time frame for the listing, deliberately not set an exact date in advance. This makes it possible to flexibly adapt to the market and choose the most appropriate moment to enter the exchange. With such a strategy, the growth of the TYZ token rate will be additionally provided by the market recovery.
To list on the CEX, you need to strengthen the economic model of the TYZ token, have a certain trading volume on the DEX, and have an already functioning ecosystem. We plan to enter the MEXC exchange in the 3rd quarter of 2024, after the launch of the first stage of “GeoCompass”. Listing on the CEX will not only increase the availability of the TYZ token for current users but also open it up to a wide range of potential buyers.
Access to centralized exchanges is necessary for the further existence of the project since, after crowdsale №6, it will be possible to purchase TYZ tokens only on exchanges. Increasing the availability of the token becomes more relevant with the successful expansion of the functionality of the ecosystem. Therefore, it is important to list on CEX at the final stage of launching the TYZ ecosystem.
Notice: The list of exchanges selected for listing is subject to change as the ecosystem develops.
Listing on such payment platforms as Coinpayments, Coingate, and Nowpayment is planned after the launch of the ecosystem. These platforms offer an easy way to accept and make payments in cryptocurrency. In the future, the TYZ token can be used as a means of payment.