I have discussed a lot with zicen on this plan, now I completely support it.
DEX and central exchanges are not enemies, they can be are partners, they can coexist and cooperate, when BTS is still on growing, it need to rely on central exchanges to bring users and moneys. On the other side, central exchanges, like aex.com, test.xbrick.io began adopting bitCNY, bitUSD etc as base currency.
DEX and central exchanges can help each other, our competitors are other decentralized exchanges, not central exchanges. The inventor of car need not to reject horses when he really need them.
1.8m BTS is a lot, but comparing to what the plan can bring us, this is not much, 2 days ago I won’t say this, but after I watched what happened while binance promoting YOYO, I believe we should pay for similar things.
we have contacted Lbank.info, binance and aex.com, with Lbank.info we have reached an agreement - at 11th, Nov - the double 11 festival in China they will organize campaigns to promote BTS, with totally 2M BTS and 15 iPhone X as rewards, 0.4M BTS are from us, the left are from themselves.
You can check
http://www.lbank.info/activities to for details, regretly there are only Chinese version.
the negotiation with binance and aex.com also goes well, in recent future the detail of the campaigns will be published.
I will pre pay the needed BTS before the worker proposal fund is available.