Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: BQ on October 02, 2019, 12:31:50 AM



Title: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 02, 2019, 12:31:50 AM
The PARSIQ  (https://parsiq.io/) project is a blockchain AML/compliance based service,
as from their website: www.parsiq.io

They currently are hosting an IEO at CoinMetro (https://go.coinmetro.club/#/dashboard).

Price is 0.025€ per token!

PRQ/EUR is now LIVE on COINMETRO!  (http://go.coinmetro.club/#/express/buy/PRQ)

Does anyone have any opinions on this token/project?

From Coinmetro (https://go.coinmetro.club/)'s Twitter:


You can stake your PRQ for max up to 12 months, earning 2% per month!
More information on their website (https://go.coinmetro.com/#/account/signup/parsiq?parsiq=page)

https://i.imgur.com/9imH9im.png (https://go.coinmetro.club/)


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: shinratensei_ on October 02, 2019, 12:53:07 AM
Coinmetro is a US-based exchange site and it doesn't have a lot of volume https://coinmarketcap.com/exchanges/coinmetro/
PRQ coin doesn't look good for me especially it was running its IEO on a small exchange site without big liquidity and that can bring the price of the token to the bottom easily.
If you are having an intention to participate in PRQ IEO and i suggest you not try to do that consider it has more than 80% of chances to be dumped.

You can take a look at how a lot of IEOs become failed after they launched on the small exchange that can't bring liquidity.


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: Fesatmas on October 02, 2019, 02:53:16 AM
Coinmetro is a US-based exchange site and it doesn't have a lot of volume https://coinmarketcap.com/exchanges/coinmetro/
PRQ coin doesn't look good for me especially it was running its IEO on a small exchange site without big liquidity and that can bring the price of the token to the bottom easily.
If you are having an intention to participate in PRQ IEO and i suggest you not try to do that consider it has more than 80% of chances to be dumped.

You can take a look at how a lot of IEOs become failed after they launched on the small exchange that can't bring liquidity.

Yes, I will not take part in IEO in the small exchange. I have felt that in the past I only threw away money, the chance of success was small, it is true that you are also better off looking for IEO in large exchanges with the largest volume.


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 02, 2019, 09:09:24 PM
Coinmetro is a US-based exchange site and it doesn't have a lot of volume https://coinmarketcap.com/exchanges/coinmetro/
PRQ coin doesn't look good for me especially it was running its IEO on a small exchange site without big liquidity and that can bring the price of the token to the bottom easily.
If you are having an intention to participate in PRQ IEO and i suggest you not try to do that consider it has more than 80% of chances to be dumped.

You can take a look at how a lot of IEOs become failed after they launched on the small exchange that can't bring liquidity.

It's an interesting observation.
CoinMetro is not US-based though, just to point that out!
US + EU traders are welcome.

About liquidity, you're right, an IEO on a more popular exchange makes sense.

However, PARSIQ is a compliance/AML tool, CoinMetro is 100% regulatory compliant,
perfect fit. Binance with their fake BNB pumped into IEOs etc, well, not good I think.

We'll see how it goes!

CoinMetro is about to start real marketing after release of TRAM (Trade Mirroring) and some other new features, volume can move quickly.


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 03, 2019, 06:16:50 PM
Found their whitepaper:
https://www.parsiq.io/whitepaper.pdf

"PARSIQ is a monitoring tool for compliance officers, market analysts, blockchain developers and researchers."


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 04, 2019, 03:49:02 PM
From Coinmetro (https://go.coinmetro.club/)'s Twitter:

You can stake your PRQ for max up to 12 months, earning 2% per month!
More information on their website (https://go.coinmetro.com/#/account/signup/parsiq?parsiq=page)

https://i.imgur.com/9imH9im.png (https://go.coinmetro.club/)


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: DaMut on October 04, 2019, 04:10:21 PM
To be honest, I like PRQ concept with their monitoring solution. It looks professional and neat, and It is extremely good for a journalist or researcher who likes to do some research based on transaction statistics because we are able to monitor the transaction with PRQ.
But it is very unfortunate for the team to choose the wrong place to do the IEO, you can find something else or you can wait for another exchange to finish their AML/KYC procedure in January 2020 and then runs the IEO there. Personally speaking, this could kill the project. It is better to delay it "a little bit" other than forcing it "to finish it".


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 04, 2019, 06:08:50 PM
To be honest, I like PRQ concept with their monitoring solution. It looks professional and neat, and It is extremely good for a journalist or researcher who likes to do some research based on transaction statistics because we are able to monitor the transaction with PRQ.
But it is very unfortunate for the team to choose the wrong place to do the IEO, you can find something else or you can wait for another exchange to finish their AML/KYC procedure in January 2020 and then runs the IEO there. Personally speaking, this could kill the project. It is better to delay it "a little bit" other than forcing it "to finish it".

CoinMetro and Parsiq are doing a lot of mutual work I think.
CoinMetro, being ahead of the game in terms of regulation, have helped Parsiq design their systems for exchanges and such.

So, it makes sense. Can't go with Binance, the pinnacle of money laundering..?
 ::)

Hopefully this helps attract some attention to CoinMetro, and Parsiq.
Likely big players in the future.


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: DaMut on October 05, 2019, 07:46:41 AM

CoinMetro and Parsiq are doing a lot of mutual work I think.
CoinMetro, being ahead of the game in terms of regulation, have helped Parsiq design their systems for exchanges and such.

So, it makes sense. Can't go with Binance, the pinnacle of money laundering..?
 ::)

Hopefully this helps attract some attention to CoinMetro, and Parsiq.
Likely big players in the future.

I know both of them are working mutually but why rushing it and list it on a low exchange? as I said before, you could delay it for a little bit and find a suitable exchange to do that.
since AML/KYC will be implemented fully in January 2020. Delaying the project for 6 months is not a big deal, in business a year or two years is nothing compared to its future.
and I never said anything about Binance, that is true they are doing that. That was why I never mentioned them here since it is regulatory compliance.
It is possible for them to be big players in the future, but deciding to take the gamble with them is not a good thing. What you need to have right now is demand, and they are not able to give you sufficient demand because of a lack of popularity.
I just wanted to tell you to re-consider the IEO process.


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: CryptoBry on October 05, 2019, 08:04:06 AM

Generally speaking, I am not anymore investing my cryptocurrency funds (Eth and Bitcoin) with any new projects but from time to time I do make some exemption? Based on the available information on the website, I can sense some good potential with the PARSIQ platform. The market intelligence and monitory products or services can be doing well if the team can be able to develop ties with many institutional customers and that is leading me to my question: How the platform is going to monetize itself or produce its revenues? Is it through subscription or advertising/sponsorship? Overall though, I am impressed with this project and hope that it can be a good player in the world of cryptocurrency and blockchain most especially in uncovering personalities behind many big scams and frauds.


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 05, 2019, 05:06:45 PM

CoinMetro and Parsiq are doing a lot of mutual work I think.
CoinMetro, being ahead of the game in terms of regulation, have helped Parsiq design their systems for exchanges and such.

So, it makes sense. Can't go with Binance, the pinnacle of money laundering..?
 ::)

Hopefully this helps attract some attention to CoinMetro, and Parsiq.
Likely big players in the future.

I know both of them are working mutually but why rushing it and list it on a low exchange? as I said before, you could delay it for a little bit and find a suitable exchange to do that.
since AML/KYC will be implemented fully in January 2020. Delaying the project for 6 months is not a big deal, in business a year or two years is nothing compared to its future.
and I never said anything about Binance, that is true they are doing that. That was why I never mentioned them here since it is regulatory compliance.
It is possible for them to be big players in the future, but deciding to take the gamble with them is not a good thing. What you need to have right now is demand, and they are not able to give you sufficient demand because of a lack of popularity.
I just wanted to tell you to re-consider the IEO process.
tell me? I'm not affilated with PARSIQ,
I did buy 5000 PRQ for a ticket to the 100k raffle.  8)

What do you mean with: since AML/KYC will be implemented fully in January 2020? Any link?



Generally speaking, I am not anymore investing my cryptocurrency funds (Eth and Bitcoin) with any new projects but from time to time I do make some exemption? Based on the available information on the website, I can sense some good potential with the PARSIQ platform. The market intelligence and monitory products or services can be doing well if the team can be able to develop ties with many institutional customers and that is leading me to my question: How the platform is going to monetize itself or produce its revenues? Is it through subscription or advertising/sponsorship? Overall though, I am impressed with this project and hope that it can be a good player in the world of cryptocurrency and blockchain most especially in uncovering personalities behind many big scams and frauds.
PARSIQ users can either pay with the TOKEN or fiat for the services,

They have launched a beta at beta.parsiq.io I think.
Very interesting to hear that you think that it's this useful!


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: spadormie on October 05, 2019, 05:36:48 PM
The exchange site this PRQ will take place is not that good exchange in terms of volumes. Actually this is the first time I heard of this exchange site, coinmetro. Fame and volumes are variables for a better result in IEO.

I guess we'll just have to look for what will happen to this project. I hope that they would be successful for this.


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: lolgato1 on October 05, 2019, 07:43:51 PM
I am not interested in IEOs that are held on exchanges on not popular exchanges with low volume.
Because the main advantage of IEOs is the fact that there is a guarantee that the token will be listed on that exchange after pre-sale.  :)


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: Vitamin_52 on October 05, 2019, 08:18:23 PM
the project at first glance is not bad, but people stopped investing in projects. need now first the product and then only to ask for money. Yes of course IEO is more reliable than ICO. and it is possible somewhere to see information about the collected funds?


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: cherryganda on October 05, 2019, 08:44:28 PM
Not all project on an IEO will survive and get the success.
You must also consider the volume of the exchange you will use.
In this i think the team failed to choose a good one! they must have another exchange as soon as possible!


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: DaMut on October 06, 2019, 08:12:32 AM

tell me? I'm not affilated with PARSIQ,
I did buy 5000 PRQ for a ticket to the 100k raffle.  8)

What do you mean with: since AML/KYC will be implemented fully in January 2020? Any link?


Ah, I thought you are part of the team because you kept posting the announcement regarding PRQ and answering our questions.
I do not know which exchange is going to comply or fulfill the requirement, but I believe before 2020 there will be some announcement regarding this.
here is what I was talking about to you https://ciphertrace.com/q2-2019-cryptocurrency-anti-money-laundering-report/
this is what they were talking about;
Quote
AMLD 5 Regulations Must Be Committed to EU Countries Laws by January 20, 2020
It has been one year since the European Commission released the 5th Anti-Money Laundering Directive (AMLD 5).
Member states are obliged to put the regulations into respective national laws by January 20, 2020. Crypto asset businesses have less than six months to comply.


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: Kotone on October 06, 2019, 08:31:26 AM
The project is quite okay actually. But the exchange seems prettt new and doe!snt have much volume, its gonna be okay if they pick a bigger exchange such as gateio, binance, or kucoin. The goos project should conduct an ICO instead of launching in a new platform which people isn't used to use. Im not saying CoinMetro isnt good its just new, and needed time to be exposed more.


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: khiholangkang on October 06, 2019, 09:33:57 AM
The project is quite okay actually. But the exchange seems prettt new and doe!snt have much volume, its gonna be okay if they pick a bigger exchange such as gateio, binance, or kucoin. The goos project should conduct an ICO instead of launching in a new platform which people isn't used to use. Im not saying CoinMetro isnt good its just new, and needed time to be exposed more.
Having an IEO in a big exchange like you mentioned isn't easy, lots of projects want to hold an IEO there but only a few are accepted
I think if this project is good, he will be able to get enough funds wherever the IEO is implemented


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: desticy on October 06, 2019, 09:55:17 AM
Coinmetro is a US-based exchange site and it doesn't have a lot of volume https://coinmarketcap.com/exchanges/coinmetro/
PRQ coin doesn't look good for me especially it was running its IEO on a small exchange site without big liquidity and that can bring the price of the token to the bottom easily.
If you are having an intention to participate in PRQ IEO and i suggest you not try to do that consider it has more than 80% of chances to be dumped.

You can take a look at how a lot of IEOs become failed after they launched on the small exchange that can't bring liquidity.

You say the right thing. Most, if not all, IEOs on small exchanges, as a rule, did not give the desired result. After entering the exchange, a dump occurs.
In this case, you need to remember that the project conducted a bounty, and has already distributed awards to the participants.
Due to the low capitalization, the sale of bounty coins can greatly affect the price, which will lead to an instant reduction in price by 50% -100%.


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 06, 2019, 10:24:49 AM
Hosting at a big exchange could result in whales buying up and dumping like ONE.


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: electronicash on October 06, 2019, 11:42:21 AM
Coinmetro is a US-based exchange site and it doesn't have a lot of volume https://coinmarketcap.com/exchanges/coinmetro/
PRQ coin doesn't look good for me especially it was running its IEO on a small exchange site without big liquidity and that can bring the price of the token to the bottom easily.
If you are having an intention to participate in PRQ IEO and i suggest you not try to do that consider it has more than 80% of chances to be dumped.

You can take a look at how a lot of IEOs become failed after they launched on the small exchange that can't bring liquidity.

You say the right thing. Most, if not all, IEOs on small exchanges, as a rule, did not give the desired result. After entering the exchange, a dump occurs.
In this case, you need to remember that the project conducted a bounty, and has already distributed awards to the participants.
Due to the low capitalization, the sale of bounty coins can greatly affect the price, which will lead to an instant reduction in price by 50% -100%.

one reason alone can make it look bad for the marketing of the project. if they choose an exchange that is so small no one ever heard of and yet ask for KYC, any investor would rather  wait for the token to be listed on the exchange where they had passed KYC already. its too risky for them to send documents to coinmetro


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: zabir.brutov on October 06, 2019, 12:06:25 PM
The core problem of such tokensales is exchange where this IEO is taking place. Investors are not interested in such exchanges as Latoken, Probit or another non famous exchanges. Make a TGE on Binance, Huobi or Okex and it will get sold out.


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 06, 2019, 12:20:18 PM
Coinmetro is a US-based exchange site and it doesn't have a lot of volume https://coinmarketcap.com/exchanges/coinmetro/
PRQ coin doesn't look good for me especially it was running its IEO on a small exchange site without big liquidity and that can bring the price of the token to the bottom easily.
If you are having an intention to participate in PRQ IEO and i suggest you not try to do that consider it has more than 80% of chances to be dumped.

You can take a look at how a lot of IEOs become failed after they launched on the small exchange that can't bring liquidity.

You say the right thing. Most, if not all, IEOs on small exchanges, as a rule, did not give the desired result. After entering the exchange, a dump occurs.
In this case, you need to remember that the project conducted a bounty, and has already distributed awards to the participants.
Due to the low capitalization, the sale of bounty coins can greatly affect the price, which will lead to an instant reduction in price by 50% -100%.

one reason alone can make it look bad for the marketing of the project. if they choose an exchange that is so small no one ever heard of and yet ask for KYC, any investor would rather  wait for the token to be listed on the exchange where they had passed KYC already. its too risky for them to send documents to coinmetro

In CoinMetro's case in particular, they are entering the space with intention of doing everything right, legally etc.
CoinMetro CEO also behind "fxpig" so they're new to the trading industry


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 06, 2019, 02:52:39 PM
"PARSIQ BONUS PROGRAM":
https://go.coinmetro.com/assets/pdf/prq_bonus_plan.pdf?v=1.0.1


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 07, 2019, 12:02:34 PM
Round 1 Whitelist sale ended! Not that much sold but it will go on for 1-2 more months so


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: alawakbar on October 07, 2019, 06:04:21 PM
I had to register here when I saw this thread discussing PRQ,
this is the type of project that will be here in 5 years, 10 years,
fundamental for regulated exchanges and regulation is happening fast.


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 07, 2019, 07:21:31 PM
I had to register here when I saw this thread discussing PRQ,
this is the type of project that will be here in 5 years, 10 years,
fundamental for regulated exchanges and regulation is happening fast.

I agree - I think CoinMetro already is using Parsiq and likely so will many other in the future.


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 08, 2019, 01:23:14 AM
CoinMetro (https://go.coinmetro.club/) has a competition for PARSIQ,

5000 PRQ gives 1 ticket to the raffle.
max 3 tickets.
100,000 PRQ will be distributed among the 20 raffle winners.
This is from the "Info" on the CoinMetro Direct thing


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: TrevorS on October 08, 2019, 12:23:37 PM
How much was collected in the first sale? In what currency? I would like to see the exact numbers. As well as wallets for funds, if possible.
I'm curious what the project will do if the sales fail? Will it return everything to investors?


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 08, 2019, 12:35:21 PM
How much was collected in the first sale? In what currency? I would like to see the exact numbers. As well as wallets for funds, if possible.
I'm curious what the project will do if the sales fail? Will it return everything to investors?

I think PRQ raised over 1m € private sale at 0.02€.
This current public sale is ongoing for 1.5 more months


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 08, 2019, 10:36:09 PM
Did anyone see these PARSIQ ads? On I think Coinmarketcap and some crypto news sites!


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: lolak2 on October 09, 2019, 09:57:51 AM
Volume is very low, almost did, how we can go with this exchange, if i do this mean i throw my money a way, i do not mind to join the  small exchanges but should be there fair volume at least.


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 09, 2019, 11:37:49 AM
Volume is very low, almost did, how we can go with this exchange, if i do this mean i throw my money a way, i do not mind to join the  small exchanges but should be there fair volume at least.

general volume of the exchange?
they are launching liquidity providers this month or next month,
so there will be liquidity on all pairs. Right now only on the big ones
this should help volume


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 09, 2019, 09:22:09 PM
Seems like a lot of PRQ bonuses in the works atm, this came in the newsletter:

"Last week we announced our special 100K PRQ Raffle in addition to our referral bonuses.
But we’re unstoppable, and we’ve got yet another bonus for you!

Top 5 participants purchasing the most PRQ tokens by the end of the Primary Issuance, will also get 20,000 PRQ Tokens each – current equivalent to 500 EUR worth PRQ tokens! Sounds incredible? But it’s true!


So, not only do you have a chance to get referral bonuses and participate in the 100K PRQ Raffle, but you can also qualify for the 20,000 PRQ tokens prize!

Wait no more – participate in the PARSIQ Primary Issuance (https://go.coinmetro.com/#/account/signup/parsiq?parsiq=page) now and get one of the bonuses! Or why not all of them?"


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: Stargazer on October 10, 2019, 11:49:38 AM
Honestly, I have no interest in Coinmetro nor their IEO. Latoken is better than Coinmetro and I will never buy IEO token from the Latoken exchange. I hope you get my point. Parsiq looks not promising too. This is a small project so they chose a volume less crypto exchange to launch their IEO! Therefore I don't believe monthly or yearly interest-based projects anymore. I invested in some projects who never give me the interest rather they scammed me.


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 12, 2019, 12:25:19 PM
This came in an email:
If you purchase at least 5,000 PRQ in total, you will meet the requirements for entering a Raffle where 20 lucky winners will get 5,000 PRQ each! You can earn up to 3 tickets, so buying 5K, 10K or 15K PRQ in total will respectively give you one, two or three tickets to the raffle.

In addition, if you are among the top 5 of participants purchasing the most PRQ tokens, you are guaranteed to 20,000 additional PRQ tokens for FREE!


PARSIQ does offer a lot of bonuses


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on October 13, 2019, 07:54:16 PM
one pager:
https://www.parsiq.io/onepager.pdf


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: akmpro777 on October 21, 2019, 08:21:18 PM
They raised 100k on Coinmetro and 1.5 mil on private sale


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: pangu on December 15, 2019, 08:05:51 AM
PRQ is now tradable on CoinMetro.com !! :)


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: BQ on January 03, 2020, 03:54:09 AM
PRQ/EUR is now LIVE on COINMETRO!  (http://go.coinmetro.club/#/express/buy/PRQ)


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: didzi on August 24, 2020, 10:29:21 PM
PRQ/EUR is now LIVE on COINMETRO!  (http://go.coinmetro.club/#/express/buy/PRQ)

not only coinmetro, but now several exchange already listed this coin
check this out https://coinmarketcap.com/currencies/parsiq/markets
and i think this project has a lot of potential to grow
just read the latest article in parsiq blog, this is very interesting buddy
https://blog.parsiq.net/innovative-solutions-to-help-solve-the-problems-of-defi


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: coinporch on October 29, 2020, 05:53:21 PM
ANNOUNCEMENT from parsiq
PRQBOOST Bonus Program and Airdrop
PARSIQ is happy to announce a liquidity boost program to incentivize PRQ/ETH liquidity providers on Uniswap! Please meet PRQBOOST – a new PARSIQ utility token to increase rewards for liquidity providers!
source https://blog.parsiq.net/prqboost-bonus-program-and-airdrop/


Title: Re: PRQ - Parsiq - IEO ongoing - opinions?
Post by: Chuky92 on October 29, 2020, 07:07:16 PM
I do not know a lot about this project but one thing I know is this, when it comes to IEO there is one thing that matters and that is the exchange the IEO is taking place on. This is because, there is a kind of belief that projects having their IEO on top exchanges are regarded as good projects. In addition to that, IEO on top exchanges have a great chance of success and of course higher chance of profit. Now if the project is one that is really good, having an IEO on a good exchange will most likely pump the price well.
Therefore, what I am driving at is, nowadays, most investors having seen that most new projects finds it hard keeping up to their promises now invests in a project they know can give them profit within a little time possible and having IEO on top exchanges makes that happen.
As for this project and the exchange, the exchange is likely a small exchange meaning it have low volume, and thus in my own opinion, and considering other projects that had IEO on smaller exchanges, the chances of success might be low.