In the wake of previous failed fork listings on real crypto exchanges, and one good one, Chives is working with crypto exchange Lbank to get listed on their market. The announcement focuses on the plans Chives has been up to over the past few months, which I have sadly not been keeping up with but I want to detail out here now.
The exchange listing talks about having a token issuance and NFT issuance systems similar to Ethereum, which seem to be based on the CAT standard, and the NFT system appears to be Chives’ own. It also talks about the Chives game which is coming. This is the part of Chives that really excites me, the idea that they are planning on having something fun to play using their currency as a case study for the utility that is possible.
I have been talking to the Chives team for some time, and don’t really know what to make of them. They run two blockchains, have gone to some effort to distinguish themselves from Chia and have made sure that co-farming Chia plots is impossible. They have a ton of ambitious plans, and are executing on some of them. The Chives pet sales was a roaring success, even taking down their web host from what I am told. They run their own exchange, and a number of other tools for their community. I am told they have 5 full time employees as well as a number of contractors around the world, so this is not a small team.
I am very curious about how this listing will go. With HDD seemingly doing great after their listing it might be a great time. I have never heard of Lbank before this, but they do seemingly exchange XCH as well as many other coins so I don’t know, maybe I will check it out, but my lack of knowledge about the crypto exchange space makes me hesitant to trust any of them. If you are in my shoes, you should likely hesitate with all of them as well and make sure you are only exposing yourself in a limited manner.
