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AI says,
Marketing and community engagement are critical components for the success of both CEX and DEX platforms. Here’s how I would approach these aspects:
Marketing Strategies:
Brand Building: Develop a strong brand identity that resonates with the target audience and differentiates the exchanges from competitors.
Content Marketing: Create high-quality, informative content that educate users about the benefits of using the exchanges.
Social Media Campaigns: Utilize social media platforms to engage with users, share updates, and run promotional campaigns.
Influencer Partnerships: Collaborate with influencers in the crypto space to reach a broader audience and gain credibility.
SEO: Optimize the exchanges’ websites for search engines to improve visibility and attract organic traffic.
Paid Advertising: Run targeted ads on various platforms to drive user acquisition and brand awareness.
Email Marketing: Keep users informed and engaged with regular newsletters and updates about the exchanges.
Community Engagement:
Active Communication: Maintain open channels of communication with the community through forums, social media, and direct support.
Community Building: Foster a strong community around the exchanges by encouraging discussions, feedback, and participation in decision-making.
Educational Initiatives: Offer educational resources and workshops to help users understand the technology and trading strategies.
Transparency: Be transparent about the exchanges’ operations, updates, and future plans to build trust with the community.
Events and Meetups: Organize and participate in events, conferences, and meetups to connect with the community in person.
Airdrops and Giveaways: Engage users with airdrops, giveaways, and contests to keep the community active and reward loyalty.
By implementing these marketing and community engagement strategies, I would aim to create a vibrant ecosystem around the CEX and DEX that not only attracts new users but also retains and empowers existing ones. It’s about building a brand and community that people want to be a part of and contribute to over time.
AI says:
Handling scalability challenges for both a Centralized Exchange (CEX) and a Decentralized Exchange (DEX) involves a combination of technical solutions and strategic planning. Here’s how I would address these challenges:
Technical Solutions:
Layer 2 Scaling: Implement Layer 2 solutions like Rollups, which process transactions off-chain and then submit a compressed version to the main blockchain.
Sidechains: Utilize sidechains that operate independently from the main blockchain to offload transaction processing.
Sharding: Partition the data and transactions on a blockchain into smaller, more manageable parts called “shards” to improve performance.
High-Performance Matching Engine: Ensure the matching engine can handle large volumes of transactions without delays, aiming for a capacity of100,000 Transactions Per Second (TPS).
Fast Servers: Use reliable web hosting with fast load times and high uptime to prevent downtime and ensure quick response times.
Strategic Planning: Infrastructure Investment: Continuously invest in upgrading infrastructure to keep up with the growing volume of trades and users.
Monitoring Systems: Implement real-time monitoring systems to detect and address performance bottlenecks promptly.
User Support Scaling: As the user base grows, scale the customer support team and improve automated support tools to maintain service quality.
Community Feedback: Regularly engage with the user community to identify scalability issues and prioritize improvements based on user needs.
By combining these technical and strategic approaches, I would aim to ensure that both the CEX and DEX platforms can scale effectively to meet the demands of a growing user base and an evolving cryptocurrency market.
AI says:
As the CEO of both a Centralized Exchange (CEX) and a Decentralized Exchange (DEX), maintaining leadership, innovation, and performance would involve a multifaceted strategy. Here’s how I would approach it:
Leadership:
Vision and Culture: Establish a clear vision for the future of both exchanges and foster a culture of excellence and continuous improvement.
Talent Acquisition: Hire and retain top talent with diverse skills and backgrounds to drive innovation and adaptability.
Regulatory Compliance: Stay ahead of regulatory changes and ensure both exchanges operate within legal frameworks to build trust and stability.
Innovation: Technology Adoption: Leverage the latest technologies, such as blockchain advancements, to enhance security and user experience.
User-Centric Design: Focus on intuitive user interfaces and seamless trading experiences to attract and retain users.
Product Diversification: Expand offerings to include a variety of financial instruments, such as futures, options, and staking platforms.
Performance Improvement:
Security Measures: Implement robust security protocols to protect users’ assets and personal information.
Liquidity Management: Work with liquidity providers to ensure deep liquidity pools for better price stability and execution.
Customer Support: Provide excellent customer service to assist users with their needs and resolve issues promptly.
Additionally, I would encourage collaboration between the CEX and DEX to leverage their unique strengths, such as the CEX’s liquidity and the DEX’s trustless trading environment. By doing so, we can offer users a comprehensive suite of services that cater to a wide range of preferences and needs.
Continuous monitoring of market trends and user feedback would also be crucial to stay relevant and competitive in the fast-paced crypto market.
Good insight! Thanks!
1.5 billion in 1 Qtr = 6 billion in a year, assuming no acceleration or growth, and if 10X revenue is a fair price, what would be its worth?
That's a good idea!
The average percentage of revenue that is earnings for centralized exchanges (CEX) and decentralized exchanges (DEX) can vary widely based on a number of factors, including the size of the exchange, the volume of trades, and the specific business model employed.
For CEXs, the revenue primarily comes from trading fees, withdrawal fees, listing fees, and other services. The earnings would be the revenue minus the operational costs, which include technology infrastructure, security, employee salaries, and marketing. However, specific figures for the average percentage of revenue that is earnings are not typically disclosed publicly and can differ significantly from one CEX to another.
In the case of DEXs, the situation is a bit different as they often have lower operational costs due to their decentralized nature. They don’t have the same overhead as CEXs since they operate on a blockchain and utilize smart contracts to facilitate trades. Revenue for DEXs also comes from trading fees, but these fees are often distributed among liquidity providers rather than being retained by the exchange itself. Again, the percentage of revenue that is earnings can vary and is influenced by factors such as the amount of fees collected, the incentives provided to liquidity providers, and the overall volume of trading on the platform.
It’s important to note that the crypto market is highly dynamic, and the financials of exchanges can fluctuate with market conditions. For the most accurate and up-to-date information, it would be best to consult financial reports or analyses from reputable sources in the crypto industry.
Keeping oneself abreast in the cryptocurrency world is a major undertaking in itself.
I have the impression that blockchain based crypto-exchange business is a whole lot more complicated and challenging than Online shopping, logistics, or social media software. One area that is of prime importance is customer security and insurance, etc.
Software is usually costly to write initially, and relatively low in maintenance cost, unless customer needs, regulations, and rules change constantly. Of course, there's also research, innovation, and development. A&M also takes money. If management is efficient, honest, and doing a decent job, net earnings should be very substantial. Management's broad knowledge of blockchain, cryptocurrency, updated knowledge about the market and various products (coins and tokens), algorithms, operation of exchanges, architectural structure and integration of all parts and functions are also key. Just my opinion. Correct me if I'm wrong.
If we can pick up heavy loads at 0.0001, so much the better. Then it can only go up! :)
I am not sure if the $10.00 was trade amount or transaction fees?! I hope you are correct!
Hope it pans out for everyone, if not, Oh, well!
I got all the shares I needed. Let's say every active trader generates $0.20 per day, 1.6 M active traders will generate $30 M each quarter.
Bright idea. But don't they have to announcement to buy back first?
Thanks to Kevin and Ambassador!
I haven't sold a single share at 0.01 or below. Waiting to pick up some more if it tanks further. But from today's volume, it looks it's near the bottom.
imo, if some big whales want cheap shares really bad, it will go much lower before going back up! Actually it maybe a positive sign since nothing but good things have happened to the company day after day.
Penny stocks can be shorted by both individuals and institutions, just like other stocks. However, there are several factors to consider before shorting penny stocks:
Availability: Not all penny stocks are available to short because brokers may not have shares to lend, especially for less liquid stocks.
Regulations: There are specific rules and regulations that apply to short selling penny stocks, designed to protect investors and maintain market integrity.
Risk: Shorting penny stocks is considered high risk due to their volatility, low liquidity, and the potential for sudden price spikes, which can lead to significant losses.
Broker’s Policies: Some brokers may have restrictions or higher margin requirements for shorting penny stocks due to the increased risk.
Short Squeezes: Penny stocks with high short interest can experience short squeezes, where a rapid increase in price forces short sellers to cover their positions, further driving up the price.
It’s important to do thorough research and understand the risks involved in shorting penny stocks. If you’re considering this strategy, it’s advisable to consult with a financial advisor or an experienced trader to ensure you’re well-informed about the potential consequences
We are witnessing something very strange, but everything has a reason, in this case, not about the company, but the stock market, i.e. human nature.
Net Savings Link, Inc. (NSAV) announced today that their NSAVx CEX exchange has executed a Crypto Exchange Listing Agreement with the Solana-based meme coin, Uranus (ANUS). The order book testing for the ANUS token will commence on June 11th, with the formal launch date to be announced later. Currently, the ANUS token can only be purchased on DEX platforms, but by listing on NSAVx.com as its first CEX, it will be uniquely paired with USDT, facilitating cross-chain token purchases directly from users’ wallets.
As for Solana, it’s a high-performance blockchain supporting decentralized apps and crypto-currencies, including the ANUS token. Solana aims to improve scalability by combining proof of stake consensus with a so-called proof of history. It’s known for its fast transaction times and low fees, making it a popular choice for various blockchain applications. The current price of Solana’s native token, SOL, is around $154.97.
It seems someone wants cheap shares bad to have driven the price down so much.
Price/Assets = 0.2
I don't want to be too rich, OK? I don't feel my character is good enough to hold all that new wealth. But if it stays down here at or below $.01, I can't promise I wouldn't be tempted to add ton loads more! :)
The retention rate mentioned by NSAV pertains specifically to “active traders.” In this context, NSAV defines an active trader as a user who executes more than two trades per day on their CEX platform. The 92 percent retention rate indicates that a significant majority of these active traders continue to use the platform regularly, which is a strong indicator of user engagement and satisfaction with the services provided by the exchange.
Can someone please shed some light on the suit Vik Grove Vs NSAV and JT? TIA
The claim by NSAV of having 1 million active traders out of a 6 million user base would represent an active trader ratio of approximately 16.67%. This is indeed a high proportion when compared to industry averages.
For context, Coinbase had 6.1 million monthly transacting users in Q1 2021, which equaled 10.89% of its total user base at the time. The average daily active users across all crypto exchanges is reported to be much lower, with only 27,000 users on average.
While it’s not impossible for an exchange to have a higher active user ratio, especially if it offers competitive features or incentives, such a high proportion is uncommon and may warrant further investigation to understand how NSAV defines and measures “active traders.” It’s also important to consider the market conditions, user engagement strategies, and the services offered by the exchange that could influence these figures.
In NSAV’s recent announcement, an “Active Daily User” is defined as a customer who makes more than two trades per day. This metric is part of their user engagement and retention strategy, reflecting the company’s performance in maintaining a high level of activity on their platform. NSAV reported that they have exceeded 500,000 active daily users, which is a significant indicator of the platform’s growth and user involvement.
Virtuabroker is alive and well, and NSAV has 30% ownership
This is the last time I reply to your accusations, for I don't know if I am talking to a basher or pumper. I didn't make up anything and I believe AI is just giving me what it finds out there. If my posts hurts your brain, please don't read them.
If it sounds like PR and Ad, it is not my intention. I just want to find things out for myself and share with anyone who wants to know more about NSAV. If you want to blame, blame AI ! :) As much as AI wants to stay neutral, the platforms do not want to be offensive in general. BTW, I am not taking everything they say as truth!
Silverbear Capital likely saw value in NSAV based on its historical management and growth patterns for several reasons:
Expansion into Crypto and Blockchain: NSAV’s focus on cryptocurrency, blockchain, and digital asset technology aligns with the growing interest and potential in these sectors. Silverbear Capital may have recognized NSAV’s potential to capitalize on these trends.
Strategic Management: The management of NSAV has been actively seeking to strengthen its operations and inject new energy and visionary thinking. This proactive approach to management and development could be attractive to an investment firm like Silverbear Capital.
Vision for Integration: NSAV aims to establish a fully integrated technology company that provides turnkey solutions to the cryptocurrency, blockchain, and digital asset industries. This comprehensive vision could offer a broad platform for growth and innovation, which Silverbear Capital might find valuable.
Diverse Services: NSAV plans to offer a wide range of services, including software solutions, e-commerce, advisory services, financial services, and information technology. This diversity could provide multiple streams of revenue and a hedge against market volatility.
Silverbear Capital’s decision to partner with NSAV likely reflects a belief in NSAV’s ability to grow and succeed within the rapidly evolving tech and financial markets, leveraging the existing foundation and strategic direction of NSAV’s management. The partnership could provide Silverbear Capital with a strategic position in the emerging technology sectors and a platform for future growth opportunities.
RTB, or Roundtable, is more than just an important listing on NSAV’s exchange platform; it represents a significant collaboration and integration within the NSAV ecosystem. NSAV, a leading Web3, blockchain, and digital asset technology company, announced the listing of the RTB Token on its NSAVx Centralized Cryptocurrency Exchange (CEX). This listing is part of a broader initiative by NSAV to reshape the media ecosystem, empowering independent creators through market principles and collaborative engagement.
Roundtable (RTB.io) is a comprehensive, enterprise-level Web3 platform that hosts top industry brands and offers a robust array of features, tools, social incentives, and distribution assets. It was launched by prominent figures in the Web3 and digital media space, aiming to unite premium brands on a single Web3 SaaS platform. The platform’s blockchain backbone ensures protection against deplatforming, secures data, guarantees audience ownership, and ensures fair compensation based on genuine engagement.
The strategic listing of RTB on NSAVx.com indicates that NSAV recognizes the value and potential of RTB and is investing resources into integrating it within its platform to offer a cohesive experience for users. This move suggests a deeper investment in the success and growth of RTB, beyond just listing it as another token on the exchange.
The RTB token is significant to NSAV for several reasons, which highlight its unique position within the company’s ecosystem:
Strategic Listing: The RTB token was recently listed on NSAV’s own centralized cryptocurrency exchange, NSAVx.com. This listing enhances NSAV’s market presence and showcases its commitment to the RTB project.
Ethereum Network: Operating on the widely recognized and trusted Ethereum network, the RTB token benefits from the security and technological advancements of this blockchain.
Web3 SaaS Platform: The RTB platform, Roundtable (RTB.io), is a comprehensive, enterprise-level Web3 SaaS platform. It hosts top industry brands and aims to unite premium brands on a single Web3 platform, offering a robust array of features, tools, social incentives, and distribution assets.
Media Ecosystem Reshaping: RTB’s mission is to reshape the media ecosystem by empowering independent creators through market principles and collaborative engagement. It offers protection against deplatforming, secures data, guarantees audience ownership, and ensures fair compensation based on genuine engagement.
High-Profile Collaboration: The platform was launched in collaboration with Web3 visionary Eyal Hertzog and digital media pioneer James Heckman, indicating the high level of expertise and vision behind the project.
Community and Brand Partnerships: RTB has already attracted major media partners and prominent blockchain thought leaders, which speaks to its credibility and potential for widespread adoption.
Customer Base: With a customer base exceeding 4 million users and over 500,000 active daily users, the integration of the RTB token into NSAV’s platform is expected to be a significant addition, potentially driving further user engagement and platform growth.
In summary, the RTB token stands out due to its strategic importance to NSAV’s growth, its technological foundation, its role in the media and Web3 space, and the strong community and partnerships it has built. These factors collectively contribute to its significance compared to other tokens in NSAV’s portfolio.
NSAV’s announcement of the launch of TheAlley.io refers to the introduction of a new platform designed to support the crypto community. TheAlley.io is a resource-rich portal that provides tools and information to help users make informed decisions about various crypto projects. Here are some key features of TheAlley.io:
Crypto Bot for Token Research: Analyzes top-tier tokens and offers a robust alt-coin algorithm.
Resource Center: Connects industry professionals with users for knowledge sharing.
Tested Trading Bots: Compatible with decentralized (DEX) and centralized (CEX) exchange platforms.
Global Crypto Acceptance Database: Lists companies worldwide that accept cryptocurrency as a payment method.
Tokens Message Boards: A space for discussions about specific token projects.
Crypto Calendar: Includes important dates for events, launches, new listings, swaps, airdrops, and migrations.
The relationship between NSAV, TheAlley.io, and RTB is as follows:
TheAlley.io is a platform launched by NSAV to provide a suite of resources for the crypto community, integrating with NSAV’s other products like NSAVpay, Swopx.io, and Airdropx.co.
RTB Token is associated with the DeWeb/BBS platform, which has been rebranded to Roundtable. This platform aims to bring together major media and big-brand influencers and journalists on a single platform. The RTB token represents this initiative, and its order book launch is scheduled to occur separately from TheAlley.io.
In essence, while TheAlley.io is a comprehensive resource platform for crypto enthusiasts, the RTB token is a specific project under NSAV’s umbrella, focusing on media distribution and operations within the Web3 space. Both are part of NSAV’s broader vision to provide technological solutions in the blockchain and digital asset industries, but they serve different purposes within the company’s ecosystem. TheAlley.io is more about providing tools and resources, whereas RTB is about a specific token and its associated media platform.
In spite of all forward looking developments of NSAVx, under the direction of Silverbear Capital, the one area of highest importance is Account Security! Heard about a Japanese crypto exchange being hacked and lost more than four thousand bitcoins recently?
MFAPHOTO: NSAVx, the cryptocurrency exchange platform, has enhanced its fiat transaction capabilities, supporting various currencies like USD, GBP, EUR, AED, AUD, BRL, CAD, TRY, HKD, and MXN for both deposits and withdrawals. However, the information available does not specify if users are required to pay monthly fees with fiat currency. It’s common for exchanges to charge fees for transactions and services, but these can often be paid in either fiat or cryptocurrency. For the most accurate and up-to-date information regarding fees, I recommend checking NSAVx’s official website or contacting their customer support directly.
It's possible! Good thought!
The Chinese crypto is considered a fiat currency, isn't it?
NSAV has launched a comprehensive, enterprise-level Web3 platform called Roundtable (RTB.io). This platform was unveiled at Consensus '24 in Austin and is the result of a collaboration between Eyal Hertzog, a Web3 visionary and DeFipioneer, and James Heckman, a digital media pioneer.
Here are some key features and highlights of the Roundtable platform:
Hosts Top Industry Brands: The platform brings together premium brands to create a professional media environment.
Robust Array of Features: It offers tools, social incentives, and distribution assets for collaborative engagement.
Blockchain Backbone: Ensures protection against deplatforming, secures data, guarantees audience ownership, and fair compensation based on genuine engagement.
Dedicated Business Owners: Each community on the platform has dedicated business owners, fostering a harmonious environment for thought leaders, brands, and voices.
Major Media Partners: Includes TheStreet and prominent blockchain thought leaders like Mario Nawfal, Scott Melker, Aaron and Austin Arnold, George Tung, and Bitcoin Magazine.
The mission of RTB is to reshape the media ecosystem, empowering independent creators through market principles and collaborative engagement. James Heckman, CEO of RTB, emphasized that the platform aims to create a media environment centered on collaborative engagement, driven by market principles, and free from the centralized media ecosystem’s value extraction through censorship and predatory monetization.
The cryptocurrency holdings in the NSAV treasury can be found listed on their NSAVx.com CEX Cryptocurrency Exchange. They have announced that they currently hold over 60 different cryptocurrencies in their treasury, which is growing.
Regarding the 46 institutional trading clients, NSAV has reported having 46 institutional trading clients along with 4 million retail clients, with institutional users now making up 50% of their user base. This information is typically shared by the company in their public announcements and financial reports. For the most current and detailed information, you may refer to NSAV’s official communications and updates.