Second life for ICO.

[Angel063]

2 months, 2 ico.
The first project in peak gave + 940% per month, and the second + 440% in 1 day ... What Binance does.
Earlier this year, Binance restarted its ICO platform, the Binance Launchpad.
This platform for 2 months made a lot of noise in the community.
Two of the two attempts to conduct a crowdsale have been extremely successful.
If the demand for BitTorrent crowdsale is less clear, it’s still a top-end file sharing service that almost every Internet user knows about.
Besides, he was promoted by the CEO of TRON - Justin Sun. And he is a very competent marketer.
But here with Fetch AI everything was different.
Many people had no idea what this project was like.
However, the demand for it was as huge as that of BitTorrent (BTT).
But here it is worthwhile to pay tribute to the popularity and authority of the Binance site itself.
They carefully check and analyze projects that are hosted on the Launchpad.
You should also consider restrictions on the amount of token purchases, verification requirements, limited purchase time, fast listing on Binance and other top exchanges, low hardcaps, few ICOs on the market, BTT success and much more.
All this led to a very high demand for ICO Fetch AI. CEO Binance did not exaggerate when he said that BitTorrent (BTT) crowdsale could be completed in just 18 seconds if it were not for technical problems.
The recent round of the purchase of Fetch AI tokens ended in just 22 seconds, and only 2,758 people out of 19860 could participate.
Not surprisingly, the Fetch AI (FET) tokens are now traded ~ 5.3 times higher than the ICO price.
An impressive result, given the temporary stagnation in the ICO market.
It seems cryptoversion is getting closer.
A powerful player entered the market, the rules and requirements have changed, the demand is now high again.
Perhaps we are already seeing a new stage in the development of the ICO market. Perhaps other exchanges will also pick up this idea and implement their crowdfunding platforms.
The next project at Binance Launchpad has not yet been announced, but now we can say that there will be considerable demand.
Most likely, you can take part in the next crowdsale only with the help of Binance Coin.

[BADBITCH]

Yes you are very right
Binance has sparked a bright light into ico crowdfunding options
And it’s doing just fine

But don’t be carried away, you could get in wrongly
And it’s soon

[cherryganda]

IF we are talking to binance then they will be better than others.
But there will be a secure spot on trading it on binance too? because i know every investors wants it.

Ill give it a shoot, LATOKEN doing the same thing, but as we see LATOKEN is good but when new token listed on there it always go down.
How they can prrevent this happening,

[fullhdpixel]

I think they now actually refers it as STO and not ICO though I don't see any difference between them, just that ICO has no regulating body why STO has regulating body which will give investors more confidence for them to invest their money without any fear of being scammed or them getting a coin that will not provide real value regarding to the amount they have already invested in the project.

[tycsols]

It is not about the icos i personally feel that binance has become the big deal now i mean just look at their coin and their ico launch pkatform, everything binance is doing is converted into gold and that is perhaps because the largest investors and liquidity is available on binance all the time as it is the number one exchange at the moment so maybe we can give credit of ico revival to binance.

[auntyjmary]

Certainly, there are already news of  some major exchanges following the steps of Binance to organise their own IEO, let's wait and see if this is the new phase in the crypto space where these kind of activities by exchanges would become common than ICOs in the very near future.

[macstrong12]

Those ICOs went up mostly because of binance reputation in my eyes , ICOs were before binance then why they were dying before binance ?
It is only hype and emotional decisions and soon we won't see those big profits from ICOs again, cryptomarket needs fresh money, lots of it .