RE: Establish an Exchange Fund to Pursue an SPS listing on Binance (NO AMENDMENTS OR DELAYS)

avatar

You are viewing a single comment's thread:

Edit: As suggested by some members of the community, I will make it clear here. A vote for this proposal will nullify the previous proposal linked above.

I suppose you mean "If this proposal passes it nullifies the previous proposal". If you please make that more clear since you can´t nullify a single vote.

I take a bow that you burned like 80$ of your personal money for this proposal, however the first proposal was exactly the same. It was changed and softend down because it has zero chance of passing otherwise.

This proposal will not pass and there have been a lot of hours put in into the amendments of the first one to give it some chance of passing.

disclaimer:
I personally have not yet decided on the first proposal and may just abstain.
I am wondering why nobody is asking why the proposal we passed over a year ago had zero results or feedback and refuse to take any action on a potential listing without knowing why that initially didn´t work.

spsproposal
0
0
0.000
3 comments
avatar

Negotiations last time were bound by an NDA. I tried to find out as many details as possible but yeah.

0
0
0.000
Reply
avatar

The SEC went after major exchanges shortly after the first proposal passed which caused many tokens to be delisted and scrutinized as possible securities. SPS spent those months dropping 80% from 8 cents to 1.3 cents. So the amount of SPS earmarked for a listing no longer represented enough value to get the job done. Besides that, if there were any negotiations they would have been done under an NDA.

0
0
0.000
Reply