Exciting news at Publish0x ahead!

By nervi | Crypto Journalism | 8 Mar 2021


On the 10th of March, in two days' time, an announcement will most likely be released from the Publish0x team. When we enter the withdrawals page we can see the following message:

Please hold off asking for withdrawals before 10th of March, exciting news ahead!

This means that something is about to change in terms of withdrawals. But what? I have two hypotheses for this.

1. Withdrawals to the CEX exchange

Quite recently, the Publish0x team reported on the need to raise the threshold for withdrawals twice, i.e. to a price of $2. They mentioned in passing that they were considering withdrawing funds to the CEX exchange, which does not require KYC verification for small amounts. They also encouraged positive thinking by saying that we will get a 10% bonus on our first withdrawal. Considerations were also made that such withdrawals would be much more frequent than the default ones as they are now. This is I think the most likely strategy that Publish0x will present on March 10, as certain premises are confirmed and even spoken from the team's side.

2. New token on Publish0x

This idea seems less likely for two reasons. The first reason is that transaction prices on Ethereum are very high and it may not be worth it for the team to make new changes to the platform. The second reason is that a new cryptocurrency has already recently entered the site. It is FARM, which at the moment we are monetising along with ETH and AMPL. Nevertheless, this thesis is plausible and probably acceptable to many people.

No matter what the actual situation will be in two days, I am very positive. The Publish0x team cares about their users and I think the new changes that are coming in a few moments will definitely be a plus for users. What is your opinion about it?

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nervi
nervi

Enthusiast of new technologies and cryptocurrencies.


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