Hello.
One of the most frequent complaints and questions we see in the community regarding the Namada token is its lack of presence on coinmarketcap.
I realize this has been discussed informally in some discord sessions, but to be perfectly honest, I think not having it on there is a major oversight, as it simply does not give a good impression to not have it on there.
What will it take and what can we do to finally get Nam on coinmarketcap? I can’t believe this wasn’t solved ages ago.
I would be very happy to hear what y’all think of this and whether I am the only one thinking this should have been done a long time ago.
I agree with you. and would like to understand if there is any specific reason the team has not listed the token on CmC so far . As I understand, the process is typically initiated and paid for by the team.
Hi. As far as I remember, CoinMarketCap requires KYC, which violates the right to anonymity. This poses a problem for privacy tokens and cryptocurrencies.
For example, I would never add my tokens and cryptocurrencies to centralized, custodial KYC projects and services.
It is better to add the token to decentralized, non-custodial, anonymous projects, markets, and exchanges.
No idea what you are talking about here. This is about listing the Namada token on coinmarketcap (which is a price/market information service like coingecko). The entity behind the token is not a secret.
Response to the Comment about Listing the Namada Token.
Listing a token like Namada on centralized platforms such as CoinMarketCap or CoinGecko can indeed be important for obtaining market information. However, it is worth noting that listing and obtaining price information are also possible on decentralized and anonymous platforms.
Decentralized and Non-Custodial Exchanges:
Uniswap: This is one of the most popular decentralized exchanges where users can add their tokens and trade them without the need for centralized verification. Listing a token on Uniswap can be done quickly and without complex procedures.
PancakeSwap: A platform based on Binance Smart Chain that offers similar functions to Uniswap. Here, users can also easily add a token and start trading.
SushiSwap: A decentralized platform that allows users to add tokens and participate in liquidity, providing access to anonymous trading.
Information Sites for Price and Market Data:
DexTools: This site provides information on prices and trading volumes on decentralized exchanges. Users can track various tokens and their performance.
DappRadar: A platform that tracks decentralized applications and provides information on tokens, including their market data.
Advantages of Decentralized and Anonymous Projects:
Privacy: Users can trade anonymously, which is especially important for those who value their security.
Censorship Resistance:
Decentralized platforms are not subject to control, allowing projects to develop freely.
Accessibility: Listing on decentralized exchanges is often simpler and faster than on centralized ones, as it does not require a complex verification process.
Thus, while listing the Namada token on CoinMarketCap may be important, but decentralized and anonymous platforms also offer opportunities for listing and obtaining market information. This opens new horizons for projects seeking greater freedom and privacy.
My friend, is this generated with chatgpt or similar, because it frankly makes little sense in connection with what we are discussing.? Please let’s leave this track of the discussion as it provides little value and detracts from the discussion I was trying to raise which is clearly something entirely different.
You didn’t guess😂. I have been diligently interested in cryptocurrencies and blockchain networks since 2013-2014. You probably didn’t witness the rise and fall of the crypto project AnonCoin? Well! I was with AnonCoin from the beginning to the end. For the sake of fairness and development, I use, support, and collaborate with such projects and DEXs (which I listed).
Ultimately, the decision and choice are yours; I can only recommend. I have simply shared my journey, experience, knowledge, and practice.
bump (character tax)
I also urge the relevant people to consider this again. I believe this is a very basic and effective way of marketing and explorablity of Namada.
this made me sad
https://youtu.be/bzWC9ZgAqH0
See why not being listed on cmc will effect namada very badly now
Arab influncers in crypto started to talk about privacy tokens and most of them use cmc,Namada is unkown for most of ppl, we need to be listed on CMC ASAP atleast to catch some of the privacy hype .
Is it really that hard to get a coin listed on CoinMarketCap? I’ve seen many other minor coins already listed there, so I’m not sure if it’s worth spending our time on this. Getting a coin listed on CoinMarketCap should be a basic and obvious step.
Hey, from what I recall around launch time - no it is not hard. But unlike Coingecko, CMC was requiring a payment amount that was pretty unpalatable, and the BD team advised that paying it to be listed wasn’t worth the valye beyond getting Coingecko for free.
The cmc listing fee is standard. Most projects just pay the fee. At this point it’s a housekeeping item that should have been taken care of a long time ago imo. It is an active hinderance to Namada ongoing.
I completely agree. I don’t know what amounts we’re talking about, but it doesn’t seem like a reasonable saving.
Are there any updates?
