CoinList Unveils Upgrades: Revamped Karma System, Token Launch Auctions, Perpetual Futures Beta

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CoinList, an online marketplace for buying and selling cryptocurrencies, has made some significant enhancements to its services. Following the resolution of any underlying technical issues and bugs, the team unveiled an extensive overhaul aimed at enhancing users’ experience when dealing with digital currencies.

Reimagined Karma System: Rewarding Community Engagement

One significant improvement is a revamped Karma system that serves as the foundation for an esteem-driven point structure. This mechanism acknowledges users for their involvement and valuable input towards the development and progression of cryptocurrency projects showcased on CoinList. The more users engage in staking, trading, creating NFTs, joining token sales, lending, and attending CoinList hackathons, the more their reputation points increase.

The platform has improved its functionalities by establishing Karma Tiers. Now, based on users’ Karma points, they will be placed into one of the following levels: Rust, Bronze, Silver, Gold, or Platinum. Users with higher tiers have a better opportunity to take part in exclusive token sales and events. This tiered system not only encourages active participation but also cultivates a stronger sense of belonging within the platform’s user community.

To ensure openness and responsibility, the platform has introduced a “clear history” function enabling users to monitor their growing karma status throughout their tenure. This feature incorporates any past karma points from prior versions, making it simple for veteran users to continue uninterrupted.

The exchange has introduced a fresh approach for launching tokens alongside its updated Karma system. Instead of signing up and standing in lines to buy tokens, users can now securely hold the required amount and be informed when the token sale results are available.

In addition, the platform provides builders with extraordinary authority over their token releases. Developers are now able to gather wallet data, engage with their audience, and manage purchase levels and assignments, resulting in a customized and engaging experience for their followers.

Streamlining Token Auctions and Perpetual Trading Features

CoinList advanced innovation by introducing token launch auctions, enabling the community to set the token’s value in real-time via a flexible bidding process. This method eliminates preset pricing, promoting a more natural and market-determined token evaluation.

For traders’ convenience, CoinList introduced its latest Pro Trading and Perpetual futures Beta features. In the near future, users will have direct access to the professional version by clicking on the “Pro Trading” tab on the primary interface, thereby eliminating the need for moving assets between different platforms.

A highly anticipated new feature among users now offers an innovative method for early asset trading. This function empowers traders to maximize their investment by requiring less initial capital to open positions, thereby enhancing capital effectiveness. The introduction of this feature is expected to draw in a larger crowd of traders and investors looking for sophisticated trading methods and improved capital utilization.

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2024-04-17 17:33