Coin Street News (CSN) has long been just the 1 main group of traders with relatively low numbers compared to our competitors. We are strong believers in 1-on-1 time and that mentorship deserves a high quality atmosphere. In 2014 and 2015 the DTC project was a great compliment to the CSN ecosystem. Supply and demand dynamics lead to a few quality rallies for the coin. Sadly DTC was part of Bittrex’s first mass delisting. We pleaded and were willing to meet all requirements. For what ever reason our request fell on def ears and the coin and project has been off in the wild. With our ideas for expansion we see new revenue streams and also the chance to revive the DTC project. Let’s take a broad stroke look at those revenue streams.
In the coming days we will be launching CSN Lite. It will be a smaller, cheaper, monthly service offered in high volume “alt seasons”. Though we are firm believers in 1-on-1 time we have a massive back log of lower cap traders that just want the basics. They have zero desire to be a fulltime traders and are just looking for a small amount of education and quality charts to learn from.
After years of refining CSN Main’s serivices and signals, mixed with the huge demand and backlog for our services, we have found a way to present our vision in a “lite” version of the main idea we grew from. We started out as a service for low cap people, but as time progressed we lack the ability to take people on at a low rate because there is not enough hours in a day to service the demand. We hope that this new approach will allow low cap traders to flourish much like how people in CSN Main have throughout the years.
In the coming weeks we will launch a trading academy for low cap traders as a compliment to CSN Lite. Anyone can take the courses without having to join CSN Lite. The Academy is a way for newer low cap traders to learn info quickly and then join CSN Lite during key trading months. This serves the part time trader, swing trader, university students off on break, etc etc. Not everyone can be or wants to be a full time trader, we get that, and this is our high quality solution to this situation.
DTC is getting a whole new platform with much higher quality technical aspects & code to it. We will be using revenue streams from the ideas above plus another more technical aspect to create demand. We will not buyback & burn and DTC was not an ICO. We will support the market and if our buys get hit we will lock up supply. This is the route we went last time that created a nice supply & demand regime which created a few good rallies with the market holding a baseline value of 3-5000satoshi for 2 years. We were always extremely happy with the marketplace.
The coin has been delisted during this swap and technical upgrade process. We will be selling DTC in an OTC manner over the next month before relaunching. CSN is extremely excited to give this project another go. The Dev has come highly recommended and has already been paid in full. The swap platform and coin have been created and we are a short time away from initiating the process. We will announce contact info on the swap process and OTC deals in the near future.
Thank you for joining us on our new journey through expansion. There is always some growing pains along the way, however CSN’s track record for delivering a high quality product in the crypto space is second to none. We will rise above any hiccups and deliver these 3 products to the marketplace in the coming weeks.
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