Company
Date Published
Author
Team Circle
Word count
1080
Language
English
Hacker News points
None

Summary

Poloniex, a cryptocurrency exchange, has announced the addition of three new assets—Livepeer (LPT), Numerai (NMR), and Polymath (POLY)—to its platform, emphasizing the selection process based on merit through their Asset Framework without collecting listing fees. Livepeer aims to create a decentralized live video broadcasting platform using the Ethereum network, Numerai operates as an AI-driven hedge fund that leverages crowd-sourced data analysis, and Polymath facilitates security token issuance compliant with regulatory standards. The new listings are part of Poloniex’s strategy to support projects with robust technology and potential impact on the blockchain industry, bringing the total to 14 new assets added in 2018. The exchange has introduced a "Post-only" mode for these assets to stabilize markets before full trading in BTC pairs begins, with full trading expected within 24 hours based on liquidity. Throughout 2018, following Circle's acquisition, Poloniex implemented a Crypto Asset Framework to ensure a fair and compliant asset selection, leading to various new listings and innovations, such as introducing USDC markets and pre-fork trading for Bitcoin Cash. Poloniex plans to continue enhancing its platform with more digital assets and innovations in 2019, while encouraging developers to submit projects for review, and reminding users of the inherent risks associated with crypto asset trading.