June Budget Proposal (Part Two : 13,200PHR)
This part of the budget will be entirely dedicated to covering the costs of getting Phore listed on additional exchanges.
As you may have noticed, this proposal has been increased from 10,000PHR to 13,200PHR. We have had significant outlay with our listing on IDAX (a top 25 exchange in terms of 24 hour volume), and feel it important to replenish our pool of funds as quickly as possible - in order to ensure we do not miss opportunities as they appear.
Exchanges which are consistently top 25 (in terms of 24 hour volume) will be targeted as a priority for listing, though some more than others.
Now that the marketplace has been developed and is gaining traction and recognition with every passing day, we want to make Phore more accessible and to have more liquidity. Additional exchange listings will help accomplish this and provide more choice to Phore users. The budgeted funds will help cover exchange listing fees and promotional campaigns (e.g., airdrops, giveaways) that many exchanges include in their listing process.