Hi Ari,
Good question. Safex never did a fundraising in a similar way that most other cryptocurrencies had done. So in this case, we have not been able to entering the bidding for listing with exchanges. We simply don’t have the money to do so. The only way is if the community would offer to pool the money to get listed can we pay the listing fees. Ontop of that, most exchanges do not allow to advertise the listing fee, so in that case, how can we petition to the community to contribute?
For this reason I created the Safex Foundation that is a non profit organization. It would be nice, and appropriate if people would donate here to cover these costs. Keep in mind that we have never fundraised and for this reason, while we have finally accomplished our development goals, the lack of substantial funding is why you see that things are more rugged (took more time, have smaller teams) than you might see on most of the coins that raised 10’s of millions $ in the past.
However, since we have delivered on our software development, unlike many other of these ICOs our results are far out pacing the market by comparison. I hope the community changes its mind about providing finance to further enhance our endeavors.
At some point we will add a donation collection system to the Foundation’s website, but if you are so inclined to actually move things forward here is a contact where you can arrange to do so.
donate@safex.org
If you are American you have a tax deduction for contributing, since Safex Foundation is a 501c(3) tax exempt entity in the United States.
Keep in mind that while most cryptocurrency projects actually issue the cryptocurrency and keep most of it themselves, Safex Token gave off 99% of it, and the Safex Cash is proof of work mining, so no centralized team could benefit from the sales of coins in a similar way as other projects do. There are advantages and also temporary disadvantages; however, in the spirit of decentralization this is necessary.