I would be willing to bet that almost no SPS is bought on exchanges. The people that know about SPS and buy it, use the decentralized exchanges hive-engine and pancakeswap.
My first point is we've had these exchanges and they did absolutely nothing. People point to volume on these exchanges, but its not real demand. Its good old fashioned wash trades where the MM buys and sells to himself or his aligned accts.
If we were talking about Binance or Coinbase then I would understand, but lets not kid ourselves we get NO new players or money into the game via these 3 exchanges. In fact we've already tried this. And everyone knows the saying about the definition of "insanity".
We don't have the money to just throw around for the perception of having an "exchange listing" that won't bring any value. Like I said I was willing to accept 1 exchange for a compromise to those people that FEEL it will one day change and be helpful. But that didn't work, the people for the exchanges wanted to go for 2 exchanges and pay more money that will be wasted.
The one thing I haven't heard in any of these conversations is anyone explain how these exchanges have in the past helped us bring people/money into the game. The reason is because in our hearts we know it isn't true as our token sits at $0.0135 and at an all time low and the number of new players we get is close to 0.
I would ask everyone to think for themselves, would this $60k be better spent on something else? Something that would actually bring people into the game or bring money into the system?
I know its nice to spend someone else's money, but if this were your personal fund (to everyone), would you really spend it on this or would you find something for $60k that would actually provide value that is real and noticeable?
I'm not mad at anyone for voting for this, I just think its time for us to make hard decisions and cutting wasteful spending that has proven its lack of value is a good place to start.
RE: SPS Governance Proposal - Contract Flowdesk for SPS Market Making Services