I'm not very satisfied with the work of the team, the listings on the exchanges only through voting and competition with the definition of losers in the matches of the World Cup. Somehow it's not serious, it seems that this is done in order to distract the community from questions about the project.
I totally agree with your opinion. I'm sure we won't win the vote on bibox and I'm sure the team won't pay for the listing.
Read their twittwer. Val Yap made already much more than 90% pother projects for such short period.
1) Partnership with crypto projects: Nem, Qtum, SentielProtocol, Traceto.
2) Partnership with PayPal, Axa, Erdo
3) They launched Testet in time (a lot of projects postpone or even dont make nothing).
4) They added some exchanges and working on listing to other exchanges. And they paid collateral amount in 500k Bibox tokens for for participation in this voting (Bibox changed this amounth from each project). And Im sure Pal will be on other top exchanges when market will be grow. Because now we can get 2-3x max from top exchanges. But in bull market it ill be 20-30x if Pal will hit to Binance for example.
So, I like how tem working and just buying now more cheap tokens and waiting market grow and development product.