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Agreed, those low tier, low volume exchanges are approving IEO submissions from totally obscure projects, a lot of them may well be scams or just blatant money grabs. Luckily most of them fails to collect any significant amount of funds, so only a few people is getting burned by them.
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Haha, well put, but this is a part of the game and we have to deal with it. Its a similar situation as IRL, keep pushing and trying and you will have greater chance to make it big off the spreadsheet as well.
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Its an enigma at this point. I think it will do well in the long term, but right now it has a giant market cap and I doubt there will be enough demand to sustain those high prices after it lists. The market sentiment is not the best as well, so I am interested to see how it will perform in the first few days.
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Sorry, but if there is no demand for the newly listed token and if its listed on some low-tier exchange with low volumes/liquidity, 2% of total supply is more than enough to tank the price. And that price can suffer for months because of it as bounty hunters are filling the sell order list and preventing the price to rise.
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I doubt its that bad. The airdrop tokens are free, they have cover only ETH transaction fees. And if they are indeed serious about their project, they have to have some starting capital, so 200$ or 300$ for gas is a steal when taking into account that they are getting "free" marketing from bounty hunters.
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Some solid recommendations in here which are the obvious ones (like BTC and ETH), but please stay away from those rare shill posts, that are mentioning some obscure tokens that are still in the IEO/ICO phase, as you will probably loose everything if you start fooling around with them.
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Yep, I have witnessed similar situations before, not this extreme one, where there is only one participant, but there have been less than 10. And naturally, the campaign manager did deduct the original allocation, but the sig participants were still paid a lot regardless that deduction.
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ROI wise the Binance IEOs are of course superior to Huobi's and quality of project - wise, Binance is winning as well. Reserve is like the only Huobi IEO so far that could do well long term, while the Binance have Elrond, Harmony, Matic, Perlin etc.
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Yep, its all about their cut and the fees man, there are no noble causes in it. The starting trading volumes after the IEOs are insanely high so exchanges are making massive profits during those peak times.
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Hopefully Nash in the future, but they are making me crazy with all of their postponing. But right now Binance is alpha and omega of the crypto exchange world and will probably stay on the throne for at least couple of years more.
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I dont think there are any fundamental differences between the "old" and the "new" campaigns. Back in the old days you had a much greater chance to score big as a much higher percentage of projects have successfully listed on solid exchanges, so you were able to liquidate your rewards without a sweat. Its a completely opposite situation right now.
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I would but its getting quite risky out there as that enormous hype for IEOs is mostly gone. Sure, IEOs on top 3 exchanges are still providing solid returns, but it is just a matter of time when the whole thing will "collapse" as people are in it just for a quick flip.
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Well, naturally, I am not sure about the credibility of this statistic, but I have heard that 95% of so called "traders" are losing money in the long term, so to be one of the "winning" 5%, you cant take a half-baked approach to it.
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Its actually more common that projects are doing IEOs on two or more different exchanges (more chance to reach their funding goal), but I am not sure if I have ever witnessed running ICO and IEO of the same project at the same time, interesting and highly unusual.
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IEOs dont guarantee you the quality of the project, they just provide the much needed liquidity for the asset, but that asset could very well be a complete train-wreck. Its basically the same poop as the ICO concept with a bonus factor of liquidity, so investors should not abandon doing their due diligence. STOs are for now more or less an enigma for the crypto space, so I am interested to see how they will perform in the near future.
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