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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Squezzi55 on November 23, 2020, 05:57:27 AM



Title: Just a wish for small projects
Post by: Squezzi55 on November 23, 2020, 05:57:27 AM
Today IEO is a better choice than ICO as we all know it but one thing that IEO can't do right it mercy on small projects, we all know that the backbone of IEO success is top exchanges but what about small projects that can't afford top exchanges? They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?


Title: Re: Just a wish for small projects
Post by: Psynthax on November 23, 2020, 06:07:35 AM
Small projects are usually low in volume and demand. They also usually have low starting fund which is why most of exchanges outright deny them since it's unsustainable for the exchange to maintain the coin listing. I think one of the best solution for small project is just to use uniswap but only limited to erc20 token. It's always like that anywhere though small business gets crushed easily or they gonna need to start from the bottom.


Title: Re: Just a wish for small projects
Post by: Festac on November 23, 2020, 06:32:15 AM
Hmm, my advice on this will go to all developers, small projects hardly attracts investors, how about telling developers to abstain building small projects and focus more on bringing up something big and better, I know it's hard for new projects to target top exchanges but we have uniswap too right? If your project is very good enough the word small will change to big.


Title: Re: Just a wish for small projects
Post by: GreatArkansas on November 23, 2020, 06:36:52 AM
Small or big projects do not matter at all for me. Even you are a small project but you got the quality of the project, you got the solution to the problem.
I got your point with small projects, but what makes you a small project? Small project with small funds or the community or their roadmap or goals?
There are a lot of alternatives besides IEO too. Or some alternatives to get to top exchanges even you are a small project with small amount of funds.


Title: Re: Just a wish for small projects
Post by: Dariusburst on November 23, 2020, 06:57:42 AM
There is no such thing as small project to me, if a new project is trying to solve a problem in crypto space that ain't small to me, I only avoid any project that have no reasonable use case, if fund is the problem well top exchanges aren't the only way to raise money for your project, developers should work on better use case instead of focusing on how to raise money


Title: Re: Just a wish for small projects
Post by: zeingrind777 on November 23, 2020, 07:00:13 AM
It all starts at the bottom. Some projects that are on the top exchange are not directly on the top exchange. Some of them started small projects. It does take time. But if the project team takes their job seriously and wisely, they will be in the top exchange.


Title: Re: Just a wish for small projects
Post by: joseyphil82 on November 23, 2020, 07:11:28 AM
Small projects don't need to pay large sum of money to list for IEO on top exchanges, the team can use Uniswap, this DEX is the best right now and it has good reviews so far, it costs nothing to list a token on Uniswap, if the so called small project ( which I don't believe in ) have a very good utility investors will have interest, slowly but surely the project will have better volumes and eventually get listed on other exchanges


Title: Re: Just a wish for small projects
Post by: TastyChillySauce00 on November 23, 2020, 07:15:00 AM
Today IEO is a better choice than ICO as we all know it but one thing that IEO can't do right it mercy on small projects, we all know that the backbone of IEO success is top exchanges but what about small projects that can't afford top exchanges? They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?
A small project can try to attract VC to invest in it as long as it has good development progress. you can see some small projects like DIA. It was still using ICO combined with the auction method to raise the funds from the investors. DIA has been proving that if DIA has proper development progress and DIA got listed on the binance only a few months after the launch.
The small projects are still having the place in the cryptocurrency as long as they can be trusted by investors.


Title: Re: Just a wish for small projects
Post by: jessyj48 on November 23, 2020, 07:24:01 AM
What are small projects? I'm a bit confused here, not using top exchanges or not having the money to list on top exchanges means that a project is small or what? There are very good projects under top 100 on coinmarketcap that have good use cases and they are listed on fair exchanges like probit, this doesn't mean they are small projects, binance and Okex or other aren't the only place for all new projects


Title: Re: Just a wish for small projects
Post by: cryptoaddictchie on November 23, 2020, 07:33:20 AM
They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?
Thats why IEO on big exchange is competitive. They make a very hard requirements in order to participate with the event. Smaller projects can always bet an ICO, which is now I think easier to do using a modified smart contract. Even shitcoins can raised 100 to 500 eth within simple grasp like this.

Its not about the platform for crowdfunding but the project potential. If the project is really good wherever the place conducted it will always be sold out.


Title: Re: Just a wish for small projects
Post by: soetikno on November 23, 2020, 07:51:12 AM
I think it all depends on the manager who holds the IEO, obviously they choose an attractive project, not a small or big project but one that is attractive to investors when the project product and its mission and vision are clear to develop the project, I think it can enter the big market


Title: Re: Just a wish for small projects
Post by: Doranile432 on November 23, 2020, 08:40:46 AM
I guess the reason why you used the word 'small' is to define projects that aren't that good enough, correct me if I'm wrong, I believe that if a new project has what it takes to be more attractive to the public it will never remain a small project even if it starts as a small project, the real use case of new projects matters alot, this is what takes projects to next level

There are many projects that starts from small exchanges like even the worse Latoken and p2pb2b exchange and later they leveled up to better exchanges like bithumb and few others..


To developers

Let the content of your projects be the definer of your project


Title: Re: Just a wish for small projects
Post by: jossiel on November 23, 2020, 09:38:16 AM
Today IEO is a better choice than ICO as we all know it but one thing that IEO can't do right it mercy on small projects, we all know that the backbone of IEO success is top exchanges but what about small projects that can't afford top exchanges? They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?
Have to accept that thing for small projects and the category of having a good and top exchange to support that project. If a small project can't accept the fact that they can't compete and go with the market with the top exchange, then they have to prove themselves.

As you know about Binance, if they see the project seems to be a good project. They'll get to notice that and will invest on it through listing it on their exchange. But just so you know too that IEOs are no longer the market interest in this time.


Title: Re: Just a wish for small projects
Post by: Greatchu on November 23, 2020, 09:46:48 AM
A small project from pro teams can easily turn big and attract top exchanges without listing on them, haven't you seen top exchanges listing tokens that aren't officially listed on the top exchanges before? If your project is good enough top exchanges will list them without taking a penny from you, it's all on the developers we have in crypto space today, hardwork and commitments pays


Title: Re: Just a wish for small projects
Post by: crwth on November 23, 2020, 09:51:04 AM
You do know that IEO and ICO are not the updated method, right? Now it's all about DeFi, and I think you need to be on the lookout for possible scamming using this type of project. I think small projects can be with potential, but you have to find a problem that would solve it. A token could provide the best solution, but there are also factors on its value. Whether it's usable and adaptable or not, it still needs to be worth it. No one would invest in a repeating type of project. You just have to be innovative and show that you are going to be the best project.


Title: Re: Just a wish for small projects
Post by: cabron on November 23, 2020, 10:01:59 AM

Why develop a project that will just be small?

The team should just dream big and if they do they can partner up with big companies, they could start pitching to them first before starting to make it public and ask funds. There are projects that started small and turned big after.


Title: Re: Just a wish for small projects
Post by: Skadi360 on November 23, 2020, 10:31:09 AM
Small projects right now has low chance of surviving, main part of it because of the whales lurking they manipulated the market every time. second is the appreciation of quality token, as DeFi goes viral the investors main goal is to take instant profits instead of using the projects features, always ruin the project.


Title: Re: Just a wish for small projects
Post by: Smartprofit on November 23, 2020, 10:31:31 AM
There are a very large number of cryptocurrencies now.  I understand the ambitions of the developers.  They want to create their own cryptocurrency (for example, Satoshi Nakamoto created Bitcoin, and Vitalik Buterin created Ethereum).  

However, you can realize yourself by participating in the development of old projects.  Now we need developers of sidechains, second-level solutions.  Developers and testers are needed in projects like Bitcoin, Ethereum, Monero, Dash, etc.

Why come up with a new consensus algorithm (proof of work is the best option) or create a new cryptocurrency (Bitcoin, Ethereum and Monero are already in place)?  

We must move on, creating a new future!


Title: Re: Just a wish for small projects
Post by: coin-investor on November 23, 2020, 10:41:32 AM
Today IEO is a better choice than ICO as we all know it but one thing that IEO can't do right it mercy on small projects, we all know that the backbone of IEO success is top exchanges but what about small projects that can't afford top exchanges? They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?

Your situation is understandable, even small projects deserve a chance but it's costly to launch an IEO in exchange if you believe that your project has potential even if it is a small project it will have a good chance to succeed, the success of crowdfunding largely depends on the project.
It is what investors are looking for, so go for ICO try your luck and let the investors decide.


Title: Re: Just a wish for small projects
Post by: Wenbing on November 23, 2020, 11:47:42 AM
Today IEO is a better choice than ICO as we all know it but one thing that IEO can't do right it mercy on small projects, we all know that the backbone of IEO success is top exchanges but what about small projects that can't afford top exchanges? They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?

That is a great line of thought.

but the reason why that can be easy is the fact that Exchange serves as the escrow and middlemen between projects and investors. overtime, these exchanges had built reputation and brand that make them to be able to render IEO services.

So, for a platform to do an IEO for small projects, then they need to build reputation and brand awareness. You know what, it take time for this to happen.


Title: Re: Just a wish for small projects
Post by: disconnectme on November 23, 2020, 11:55:08 AM
Most of these so called small projects are rubbish projects, some people think we are in 2015/2016 era, that you can just open Ann page here and talk about your idea and people will give you their money to build their idea, now you need to proof with MVP that you can develop what you are talking about. Look at YFI and UNIswap even Sushi though a fork of UNiswap, but first you need to show that people can buy into your idea


Title: Re: Just a wish for small projects
Post by: Furryball on November 23, 2020, 02:46:38 PM
Small projects don't need to pay large sum of money to list for IEO on top exchanges, the team can use Uniswap, this DEX is the best right now and it has good reviews so far, it costs nothing to list a token on Uniswap, if the so called small project ( which I don't believe in ) have a very good utility investors will have interest, slowly but surely the project will have better volumes and eventually get listed on other exchanges
Only two out of ten new projects that end up on uniswap have good volume, uniswap is not a place for new projects to start trading unless the project already have better private investors and huge hype, many projects that can't afford centralized exchanges and have no choice but to go Uniswap have very low to none volume available, it's not a good idea


Title: Re: Just a wish for small projects
Post by: JeffBrad12 on November 23, 2020, 03:08:17 PM
You should not feel worried about that. The small projects will always have room to be able to get the funds. Investors were not putting IEO as the main standard to determine their investment in the new ico but it will be the quality of ICO itself.
IEO just try to decrease the risk of investors to be scammer by scam ICO through use the service that provided by the exchange site.
If you are having a legit project and investors can come to your project easily. It's not always about how much your funds to pay the listing fees.


Title: Re: Just a wish for small projects
Post by: Slow death on November 23, 2020, 03:21:12 PM
Today IEO is a better choice than ICO as we all know it but one thing that IEO can't do right it mercy on small projects, we all know that the backbone of IEO success is top exchanges but what about small projects that can't afford top exchanges? They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?

over time small exchanges have become reliable and good enough that even small projects can be successful when they are listed.

One thing I realized in these weeks that I created an account on more than 7 different exchanges because there are altcoins that are listed on several different exchanges and forced me to have an account on these many exchanges, but what I noticed was the following:

1 - many exchanges do not have a friendly interface to trade

2 - many exchanges charge a $3 or more withdrawal fee

this means that many exchanges are not good and the number of good exchanges is so low that there is a monopoly and the rates for listing new altcoins are high or else the creator of altcoin must be someone famous enough to that the owners of the exchanges list his project



Title: Re: Just a wish for small projects
Post by: Balladtony77 on November 23, 2020, 03:47:35 PM
Why are small projects called small if I may ask? Isn't that because they have less useful use cases? Or the team and developers are new in this space? We all have different definitions for the term small project mate, for me small projects don't always do well in the market, they lacks good utilities and their team aren't that good at what they do, they are supposed to be avoided


Title: Re: Just a wish for small projects
Post by: hahay on November 23, 2020, 03:53:48 PM
A top exchange is like a guarantee for the success of the related project and this also includes the growth that occurs. It is time to grow because if those small projects are allowed to get the same space, investors' worries will come back and will leave the IEO space as well. As said before, this is a growing growth that should get better and there is no need to go back to the past, because that would cause chaos in the end.


Title: Re: Just a wish for small projects
Post by: Shallow on November 23, 2020, 04:00:10 PM
Today IEO is a better choice than ICO as we all know it but one thing that IEO can't do right it mercy on small projects, we all know that the backbone of IEO success is top exchanges but what about small projects that can't afford top exchanges? They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?

IEO model has offered a better opportunity to investors and projects, thus making it possible for projects which are worth it to access funding while keeping investors safe from exit scams.
You are right and there is no denying that but let me ask, most of the small projects we have come across always look towards small exchanges and after the IEO what's the fate of the investors? The fact is, all these small projects going for small exchanges, only one party wins and that's the team. Also, asking about their fate, its quite true top exchanges goes for projects which will enhance their reputation, but also there are medium exchanges which can also help small projects, but the team do not always listen to the community, they always do whatever they want and when it backfires, it all falls on the investors hence killing the project even more. The idea is very simple, when the community goes against an exchange for IEO, ask questions and know what caused it, check the success rate of IEO on the exchange and make the best decisions.


Title: Re: Just a wish for small projects
Post by: Maestro75 on November 23, 2020, 04:41:42 PM
Today IEO is a better choice than ICO as we all know it but one thing that IEO can't do right it mercy on small projects, we all know that the backbone of IEO success is top exchanges but what about small projects that can't afford top exchanges? They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?

Every business survives on patronage and advertisement. Alot of people buy into projects/products because of captivating adverts   even without knowing in totality what they are getting into buying the tokens. I believe by small project you mean projects without enough money to run broad advertisement on popular crypto sites and if that is the case, it will be difficult for such projects to get wealthy investors who will invest big in it. So whether IEO or not, good small projects will still survive if the setting for publicity is right. There are a lot of projects that did not have ICOs or IEOs, yet they survived and are making price appreciation.


Title: Re: Just a wish for small projects
Post by: celot on November 23, 2020, 04:52:01 PM
Not matter about small or big for IEO project but depend how brave developer for listing the IEO coin on bigger exchange market, maybe for small project always choose with low budget fee payment for listing on shit exchange market and have possibility with less success after IEO ended with not many investor want to try with small exchange, how if any IEO project want to list on Binance I think have many bigger investors want to buy and invest there, get most positive respond when listing on Binance and have good news for IEO coin to be success with IEO sold and have higher price after listing.


Title: Re: Just a wish for small projects
Post by: copoyes on November 23, 2020, 05:07:46 PM
In my opinion, the success of IEO is not only a list on the top exchanges, but rather a team handling, whether small or large if the project team has very good skills from marketing to development, the results will be good, in terms of the marketing team, can they attract large investors to support , from the development section, is it possible to pursue a product or MVP according to the roadmap and power build of the community from small to large


Title: Re: Just a wish for small projects
Post by: Emitdama on November 23, 2020, 05:15:07 PM
Most of these so called small projects are rubbish projects, some people think we are in 2015/2016 era, that you can just open Ann page here and talk about your idea and people will give you their money to build their idea, now you need to proof with MVP that you can develop what you are talking about. Look at YFI and UNIswap even Sushi though a fork of UNiswap, but first you need to show that people can buy into your idea
Harsh but really true. I believe right now anyone who thinks they can spot a good small project and invest with it is more likely to get trapped in just another scam and lose his money. There are good projects being built but the ratio of scam projects overshadows the good ones and be it ICO or IEO you cannot just trust any project unless you have some personal relations or a big name is involved.

I always knew Polkadot will do good, why? Because they have Gavin Wood the same guy who I believe worked for Ethereum and has some curious history with Vitalik. Once you know a few good and trusted names are associated with projects, they have much better rate of success and I believe DOT is going to be the future.


Title: Re: Just a wish for small projects
Post by: Saisher on November 23, 2020, 05:25:58 PM
Today IEO is a better choice than ICO as we all know it but one thing that IEO can't do right it mercy on small projects, we all know that the backbone of IEO success is top exchanges but what about small projects that can't afford top exchanges? They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?
If you have a small project think big,there's no such thing as small projects if the idea is big, Bitcoin was taken for granted by so many people it started at penny but look at it now $18 k and still getting expensive, only small people will think that his project is small and will go nowhere, if the project is good even if you do private sale of ICO it's going to succeed it depends on it's use case.


Title: Re: Just a wish for small projects
Post by: Yatsan on November 23, 2020, 08:40:54 PM
Whether it is a big or small project, a project is still a project, all are taking on the same process of planning and execution to get the attention of the public about their unique advertisement on something they wish to bring in to the public specially attracting investors to invest into such project. It doesn't really matter whether it is a big or small project as long as it is legible and sincere, people will see its worth and such small project can grow into a bigger one to afford the expenses needed for the listing on top exchanges. The promotion is a process for crowd funding to be able to gain decent funds to get listed into legible and with high credibility exchanges. It is not a valid reason to state that because it is a small project is that it cannot be able to get listed on top exchanges. It can as long as it is a good one for people will trust and invest on it so it can earn enough to spend money for that important thing of listing for the sake of the goodness of its investors and supporters.


Title: Re: Just a wish for small projects
Post by: crzy on November 23, 2020, 09:11:34 PM
Today IEO is a better choice than ICO as we all know it but one thing that IEO can't do right it mercy on small projects, we all know that the backbone of IEO success is top exchanges but what about small projects that can't afford top exchanges? They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?
This is why you need to think big and make a great project because this market has a big competition so if you think you’re small then you might face problem later on if you’re already out in the market. Creating project is not a joke and its not easy, if you have a great idea on what to build then its better to look for real investors and work with the great team, every good project deserve a spot in this market.


Title: Re: Just a wish for small projects
Post by: whiteblue on November 23, 2020, 09:13:18 PM
New project developers just want to make money, which is the worst thing in the crypto space.  If a developer has a vision that has the potential to lead to a successful project they can launch a fundraiser through an IEO in a small market. It's just that the developer runs out of ideas for running a crypto project so there are unclear reasons or are jealous of other successful projects.  You have to get up slowly developing the project and it takes time to convince a lot of people, it's up to you whether you want to launch IEO or ICO.


Title: Re: Just a wish for small projects
Post by: samcrypto on November 23, 2020, 09:16:12 PM
There’s a lot of small projects before that was able to succeed despite of the challenges so I don’t think your success will depend on good exchanges because investors will see your worth if you’re a good one no matter what exchange you’re listed. Believe on your project, and always think big because not all project listed on top exchange are worth it, there’s a lot of way to introduce your project in the market.


Title: Re: Just a wish for small projects
Post by: nrvasquez on November 23, 2020, 09:18:38 PM
Top exchange is of course an important factor in IEO. I don't think there is any big or small project, all sticking to the same basic "what solution do you offer?" If you build a project with a good function, solving problems even if it's simple, I think investors will still see the prospects of the project and invest. don't just look at one factor, the quality of the project is the main thing


Title: Re: Just a wish for small projects
Post by: Johnyz on November 23, 2020, 09:27:20 PM
If you can’t afford the top exchanges then at least look for good alternatives because you have to believe on your own project and don’t think that only those tokes listed on top exchanges will succeed, this is not how the market works you must compete with all your got and just have a good marketing strategy.


Title: Re: Just a wish for small projects
Post by: StephenJH on November 23, 2020, 10:19:41 PM
Merging small projects can be a smart solution for the listing on the big exchange which doesn't want to list the tokens without considerable trading volume. IMO, the exchange team is right here because the crypto exchanges make money from the trading commission. The project with low volume can offer a real working product for attracting more investors that means higher trading volume. I still remember the conversations on bounty threads of unlisted altcoins and the team members have made false promises to list their tokens on big exchanges. AFAIK, Binance has asked more than $100000 for listing one of the projects with less volume.


Title: Re: Just a wish for small projects
Post by: articlecity on November 23, 2020, 10:27:44 PM
Today IEO is a better choice than ICO as we all know it but one thing that IEO can't do right it mercy on small projects, we all know that the backbone of IEO success is top exchanges but what about small projects that can't afford top exchanges? They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?
Now there are quite a few fund raising options available for smaller projects so i do not think they should be dependent on exchange ieo launchpad. Recently we saw many projects raising funds on decentralized platforms like uniswap, bouncer finance etc also there are many more that are under development so i think soon this dependency or struggle will be over.


Title: Re: Just a wish for small projects
Post by: inoes on November 23, 2020, 11:55:32 PM
large exchanges will not be careless to accept projects. because if it's a project with a simple concept, a small supply, and a small community, Exchange usually thinks hard to accept it. although, the exchange wants coins that have been included in the list so that they do not disappear and continue to exist, and are mutually beneficial for both sellers and buyers (not easily manipulated).


Title: Re: Just a wish for small projects
Post by: iTradeChips on November 24, 2020, 01:45:09 AM
Quick question to the OP. How do you define a small project? How small a project could be for you to define it as small? Because as far as I am concerned, technology based projects shouldn't be small. Many times I encounter "small projects" turning out to be complex and big ones. Some company owners are just too humble enough to call their efforts as small projects. Any business endeavor that is blockchain based, cryptobased should not be small. They are technology driven and therefore are big projects.