Auxilium updated their project about where they stand in their short-term mission to list on a top-tier cryptocurrency exchange.
According to the update, Auxilium received the draft of their final legal opinion based on our whitepaper. “Our lawyers at Comistar are doing a great job. It’ll most likely not take much longer than a week from now before the draft becomes the final document and we’re good to go from a legal perspective,” the update says.
This legal opinion is an important requirement for top exchanges to be certain of the fact that Auxilium coin is not a security token.
In order to come up with the best possible strategy to maximize their chances of getting listed on a major cryptocurrency exchange Auxilium is brainstorming with their blockchain partner Applicature. Together they’ve done a lot of research and have a lot of knowledge and experience with listing procedures.
Auxilium seems to be taking each listing possibility very serious as “we realise the possibilities are not endless, especially because we don’t have any initial funds to pay a listing fee (e.g. mostly between 100,000 and 1,000,000 USD). We’ve been researching exchanges in great detail and have filtered the best options for Auxilium based on trust scores, unique visitors per month, 24h (normalized) trading volume, and more important criteria.”
The project apologized for the tad late delay on Auxilium Interest Distribution, stating that the AID platform has a manual feature.