Publish Date: February 23, 2016
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A beginning.
The cryptopolis experiment came about as a result of the dissolution of the late "cryptsy" exchange.
Many folks were disappointed, and many even robbed, and most dealt with it in their own way and manner.
My way was to start working with an open sourced exchange software package.
As is so common with many open sourced packages of this complexity, they "do not" work out of the box, and need much editing of the scripts, along with many eyes testing as edits are being made, and trying to break things.
Cryptopolis ran for several months with only the handful of people who were bug testing the exchange software ever accessing it.
After all, it was never promoted, nor even mentioned outside of the circle of friends that were working both with and on it.
Well anyway, I awoke one day, went and checked the error.log file for the site for new issues to work on and found numerous referals from both themerkle.com and reddit.com.
I went to investigate, and found a not quite glowing review of my fledgling project/experiment/thing to take my mind off of having lost quite a bit of money when cryptsy went defunct.
i was a bit confused, how had someone found this unpromoted, unannounced, backwoods server, and why the assumption, as the opening image of the review suggested "scam Alert"?
Well now, that's neither here nor there, I decided just to pull the plug on cryptopolis.
Maybe someday I'll bring it back in a modified form, more agreeable to the investigative segment of the crypto community, as I do not consider it to be a failed experiment in any sense of the word, but instead merely an experiment that was announced in not quite glowing terms, long before any announcement was intended.
Why did I even do this?
Well first off, cryptsy going belly-up, left a big void in the industry.
Not only did many folks lose a lot of money, but MANY coins lost their only exchange, and the other exchanges, I don't think from looking since then, are willing to pick them up.
That leaves even more people in a position to lose even more money, not to mention all the time and work spent, and that hurts the entire community as a whole, even if it does help those that firmly believe that centralization in the form of limiting available choices to a mere handful will help the industry.
Of even more importance though, is that the cryptsy users lost an entire community, as folks are scattered among the remaining exchanges, which again, some who'd limit your choices of outlets/exchanges to their personal choices, think is a good thing, as it benefits them at the expense of others.
And I hate to say it, but with all the coins lucky enough to have had another "home'. it's not too bad, although the available choice of outlets has just dropped, limiting those coins to a single "captive" market, but it's a disaster for those coins and their communities that again, lost their only home.
Yeah, friends have paid to have a few listed at yobit.net, and a few others have been picked up by the various others exchanges, but most are now one step from being dead.
And that's not a good thing for those involved, nor is it for other coins, who've lost many "potential' holders/traders of those coins as people left the industry with a bad taste in their mouths and a wallet full of worthless coins.