Wow, so now we even have a vote against any exchanges (centralized or decentralized) that are not SAFEnet based!
Yes, but I think you need to look into each individual case.
By the way, I’m long two Bitcoin 2.0 coins that can be used for crypto-asset issuance so this is my disclaimer.
In case of MSC (which I don’t happen to own) your asset is denominated in MSC and then if it the alt loses value against other coins, it’s not good. But on many other coins listed assets may be denominated in bitcoins.
For example Storj.io tokens are sold for BTC and listed on another Project’s distributed exchange, but on it the asset can be denominated in anything you want to buy it (or sell it) for. You can buy/sell Storj.io tokens for any other token listed on the distributed exchange (that’s up to you) and regardless of what this Project’s own token does (whether its rate goes up or down), the Storj.io token is denominated in, and can be sold for, bitcoin because that’s where the majority of trade happens and that’s what they asked for during crowdsourcing (bitcoins).
I think some of these projects work better than you think.
It can. The Projects needs to code, maintain and support a wallet and distributed exchange. It’s all doable. Is it it worth the developers’ time or could they use that time better for something else?