Exchanges and listings are a topic often and deeply discussed, not only in the Unibright community. There are different reasons and motivations why people want tokens to be listed on specific exchanges.

We already gave insights on the legal situation our strategy on approaching Exchanges — today we want to give you an update and some details why we decided to list on QRYPTOS as our first exchange.

UBT will be listed on QRYPTOS

For us at Unibright, exchanges are a vital part in our global strategy

Exchanges are needed for our enterprise customers to purchase the Unibright Token (UBT) — the utility token needed to use our framework.

Apart from this, an exchange is also a good place to promote the project behind a token and open it to new audiences. In our case “the project” is our unified framework, which is bringing blockchain technology and smart contracts to enterprise usage.

Additionally, the technology behind an exchange should be secure and future proof. If an exchange is running a dedicated blockchain protocol, the best case for projects like us would be to even use this technology in our framework!

From a business perspective, all these features are required for an exchange for us to be attractive — but this is not sufficient!