Coin price is kept increasing from the private sale to crowd sales, so after listing in the exchanges what was the base price of Kanga coin? If it is going to be 1$ then people who bought the coin at early stages will start dumping the coin in the market.
It's a possibility, but isn't this true of most ICOs? Early investment are typically higher and carry comparatively higher risk, so buyers are incentivized with preferential pricing. It stands to reason. But, at the early stages participants are more likely to invest in the project, not in the token. These are the people who are in for the long haul, waiting for the project to mature and their investment to appreciate. The risk of dumping is actually far higher for people jumping on the wagon at the ICO stage.
Besides, the moment KNG tokens hit the market, all Kanga Exchange fees will be charged in KNG. The token will be immediately useful, so there will actually be a reason to buy and hold it.
How will you support ICOs? Will you only make their tokens available on your platform? Or you will also guarantee the safety of them? Or any project can be easily listed on your exchange?
We aim to have a fairly low barrier to entry, but it's not just ANY project. We do have listing criteria that need to be met - the current list is linked a few posts back. In addition to exchange listing and related basic services (coin swap, airdrops, trading competitions) we also offer smart contract development and verification, ICO hosting, and transaction processing for token payments.
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