CoinList Reveals Improvements: Improved Karma System, Token Launch Auctions, Future Forever Beta

CoinList, a cryptocurrency exchange platform, has he announced a series of improvements to its versions. After addressing bugs and technical glitches, the platform has released a comprehensive update that promises to improve the way users engage with and invest in digital assets.

The Karma System Reimagined: Rewarding Community Engagement

One of these notable updates is the re-imagined Karma system, which acts as the basis for merit-based points configuration. The platform rewards users for their active participation and contributions to the growth and development of crypto projects listed on the platform. The more users stake, trade, mint, participate in token sales, lend, and contribute to CoinList hackathons, the more their karma increases.

The platform improved its system by introducing Karma Levels. This new update ranks users’ Karma scores into one of five levels: Rust, Bronze, Silver, Gold and Platinum. The higher the rank, the more likely you are to get exclusive launches and offers. This ranking system encourages active participation and fosters a sense of community within the platform ecosystem.

Recognizing the importance of transparency and accountability, the exchange has implemented an open history feature that allows users to track their accumulated karma over time. This includes any Legacy Karma incurred from previous iterations of the system, ensuring a seamless transition for long-term users.

In addition to the improved Karma system, the exchange has revealed a new token launch mechanism. Gone are the days of registering and waiting in queues to buy tokens, users can close the required purchase amount at any time and receive notifications when the results come in.

In addition, the platform has also empowered developers by giving them unprecedented control over the launch of their tokens. Developers can now collect wallet information, connect with their users, and coordinate purchase and allocation levels, ensuring a customized and personalized experience for their communities.

Revitalizing Token Auctions with Permanent Trading Features

Taking innovation a step further, CoinList also introduced token launch auctions, a concept that allows the community to determine the value of tokens in real time through a dynamic auction process. This feature eliminates the need to set a fixed price, promoting an organic and market-driven approach to token valuation.

To meet the needs of traders, CoinList also launched its new Pro Trading and Perpetual futures Beta versions. Soon, users will be able to access the professional version directly through the ‘Pro Trading’ tab on the main platform, eliminating the need to transfer assets between different platforms.

A new addition that is eagerly anticipated among its users brings a new way to trade assets early. This feature allows traders to use their capital more efficiently, enabling them to take positions with less capital. The new additions are poised to attract many traders and investors looking for advanced trading strategies and increased capital efficiency.

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