This is a pegged telos steem engine that is backed 1;1 with real Telos, in a smart contract and in a publicly verifiable account @steemnenginex on eos and telos
SOON You will be able to launch your own telos token for 1000 steem just like EOS-EX service from @someguy123
I expect to get WPS funding to get a telosP based Tribe AND to get Telos MAIN NET wallets showing up in @steempeak AND there is no other way to create a jump in interest in development that cheap than by joining telos and @steempeak . This will allow telos community to visualize blockchain social media better.
Soon you'll be able to create a token in a turn key fashion without needing any code, just pay 100 steem for a Steem Engine token and then 1000 Steem +$4 in telos to create your telos. Having your smart contract deployed will be taken care of by @privex and you'll be given keys for an eos or ntelos account to control your new token. you can then work to build you token up to get on newdex but your token is already LISTED when its created, on the steem engine dex which i think is a HUGE deal, something @aggroed has given us all as a gift! I believe some would let us create tokens for 100 steem but make us pay 1000 to list. i can see @aggroed maybe doing this in the future to put up a paywall to block spam tokens, and ensure only more serous projects were listed... just a possibility for a competitor to steem engine with possibly higher volume and bancor style bots built in (Steem Engine NEW website could have this https://next.steem-engin.com )
OR, take higher trading fees for a free listing :) So many options but iI love the free DEX steem engine offers now. Ill work on tools with @someguy123 in hist github to make the privex gateway appear as decentralized as possible top general public. We need to show them you can hold the keys for your eos and telos pegged assets if you dont trust the peg... you can actually back your own pegged tokens with a telos account that YOU own the keys for! And it all stays inside steem engine
