Hello everybody,
I was thinking of possible the ways to increase liquidity in the market so we can attract more investors to wing coin. I suggest we adapt cardano model and sign deal with companies like Algoz or similar to increase the liquidity. Cardano signed a deal with them back in june 2019 . Every since they are attracting investors and they are growing non stop.
"AlgoZ is a market maker solution service created by Fingenon Group for unlocking liquidity for crypto assets. By leveraging Fingenom’s existing world-class infrastructure, trading strategies, algorithms, and combined knowledgebase, AlgoZ has developed into a solution that bridges the gap between the established algorithmic trading of traditional assets and the emerging class of crypto assets. AlgoZ is currently being used by exchanges, crypto projects, and other stakeholders in five continents.
In the year-to-date period, Cardano’s trading volume has skyrocketed from $17.25M to $116.79M USD to mark a 594% increase in trading volumes in just six months."**
**https://www.cryptonewsz.com/cardano-ada-doubles-down-on-liquidity-as-it-sets-sights-on-institutional-backing
Best way to attract investors is to show them they can sell if they no longer wish to participate in the project so it makes it safer for them.
So I propose seeking deals with liquidity providers. Yes or No ? If this passes I will create proposal.