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ERGO on Coinbase - Petition to get ERGO onto Coinbase for more accessibility to ERGO in the US markets and increase Mining profitability.

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by COINS NEWS 131 Views

ERGO is an innovative POW blockchain with a supportive community of Developers, Investors, and Miners. Due to recent events (ETH Merge), ERGO has seen an influx of mining and investors. As a result, mining has become more difficult because the large amount of miners that have been displaced are now fighting for pieces of a smaller pie. ERGO has the power to become the next major POW Blockchain for miners, for many reasons(DYOR). ERGO has the vision, innovation, and ecosystem to sustain that community.

I'd like to work with the Mining communities by creating this petition to get ERGO on Coinbase for a few reasons.

o Ease of Trading: Currently, ERGO is not available on any USA exchanges and this creates difficulty for new US investing & US miners that have no easy route for exchange. Resulting in mining pools that sell rewards straight to BTC/ETH and investors struggling with multi-step methods of acquisition.

o Volume Increase/Price: This goes without saying, more volume & higher price is profitability for mining, more miners equals more secure network.

o Ecosystem Growth: As part of a marketing tool, being on Coinbase will also open up more opportunities for the growth of the ecosystem. The more accessible ERGO is, the more accessible the ERGO ecosystem is, which presents a better argument to choose to build on ERGO.

In Conclusion, putting ERGO on Coinbase can create a support for miners that have now become unprofitable and open up larger markets to ERGO. With such a great community and developer team, It is a wonder why ERGO is not already on major USA exchanges.

- Just a fellow Ergonaut trying to do some good out here.

ERGO on Coinbase - Petition Link

submitted by /u/Mikeyctc
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