ICO reached hard cap - 50 MILLION- not listed in an exchange - SCAM?

[lapyshka]

I can not say whether the project is fraud. I believe that 3 months is not a long time.   Many projects are afraid to place their coins on the stock exchanges. In this difficult time you need to wait a little

[AristoteI]

A project that has collected 50,000,000 over the past few months Do you think that I will believe that this can be a reality? Most likely these are numbers that have no relation to reality. This is a fraudulent scheme, the purpose of which is to create the illusion that you are dealing with a successful project. In fact, of course it is not.

[target]

$50M is huge. Some projects today can't even collect $5M, its either the project concept is really good or the marketing involves celebs.

If they have 50M USD, it would make sense if they list it right a head so those token sold are going to be bought back by the team at a cheaper price. Every team right now with an advisor that will analyze the bear market will eventually come up with a solution to buy back the tokens being sold for the team's profit. If they do have $50M and didn't thought of how economics works they might not have worse advisor.

[jt byte]

I have join a project to which it claims that the team was able to collect 50M in USD but until now they could not be able to list the token in an exchange. Their reason was the team were preparing the platform for almost 3 mos. now. I am starting to believe it when they show something great after sponsoring a certain event to which the name of the project was being flashed in the screen. Is it possible that the team is telling the truth? They want to bring a project with demand so that the token will not be undervalued. What do you think of this project scam or not? I could not name the project for now to protect their reputation.

You didn´t specify the name of the project. If they raised 50 million dollars, then it should be really revolutionary blockchain project, maybe they are going to invest their money somewhere else and not in listing. Do you know how much does it cost? A lot!

[Aleksandra Gurskaya]

It is difficult to understand what project you are talking about, and accordingly it is difficult to make a conclusion about it. But in fact, many projects having collected large sums do not go to the stock exchange, they wait several months or a year. I understand that now is a difficult time, but it is very difficult to wait ...

[mickey_miner]

Considering the current state of the market, it is very reasonable not to list the project on the stock exchange, because the price will collapse dramatically - this is not beneficial for anyone.

[disconnectme]

I don't know if you understand how the market works, Filecoin, Blockstack and some few projects raised more than $50 million and some even more than $100 million and are yet to be listed on exchanges, there are several reasons they have not, some because of regulations and want to have a working products instead of people speculating on a tokens with no use-case and some because of the market trend which might impact the price, a good example of this is GoNetwork which raised $50 million in their ICO and have less than $2 million in Marketcap now. Patience is Key here.

[kindbtc]

Atleast provide the name of the project without telling the details how can you ask for the opinion of the others, i think due to such confusions and accusations ico market is on the decline and the way out is properly registered and licensed stos.

[letyouearn]

I have join a project to which it claims that the team was able to collect 50M in USD but until now they could not be able to list the token in an exchange. Their reason was the team were preparing the platform for almost 3 mos. now. I am starting to believe it when they show something great after sponsoring a certain event to which the name of the project was being flashed in the screen. Is it possible that the team is telling the truth? They want to bring a project with demand so that the token will not be undervalued. What do you think of this project scam or not? I could not name the project for now to protect their reputation.

Well, this can be truth, many teams are waiting with listings now. They are afraid that their token price would be dumped because the market phase is not very bullish lately Delaying listings now is normal I think.

[Stradivarioos]

I think that now it is very difficult to achieve such an indicator in the ICO and either this is a very good project, or these figures were simply drawn, so I tend to think that this is a Scam.

[Absolutep]

Since you claimed that the project sponsor something big room recently, then it may not be a scam,it takes time list on exchange in bear market because of the fear of dump.

[PuertoLibre]

I have join a project to which it claims that the team was able to collect 50M in USD but until now they could not be able to list the token in an exchange. Their reason was the team were preparing the platform for almost 3 mos. now. I am starting to believe it when they show something great after sponsoring a certain event to which the name of the project was being flashed in the screen. Is it possible that the team is telling the truth? They want to bring a project with demand so that the token will not be undervalued. What do you think of this project scam or not? I could not name the project for now to protect their reputation.

I also have tokens of such projects that bought during pre-ico. They mainlt blame market conditions for not applying to known exchanges so they look for exhcanges which have small volume. Liquidity is big problem at small exchanges especially i can consider buyer side of trades. Sellers are listing their offer to lowest points but buyers are not still interested with this offer due to unknown exchange. Scam is not case here.

[khufuking]

You have to name the project you are talking about, I joined a project in 2017 and they claim that they raised $175M and they did distribute the tokens just 3 months ago and until this moment they are not listed in any exchange but that is only because they are developing their own one and they have a real partnership so I really doubt that they are a scam. Not getting listed in this market condition might be a wise move and it does not mean that they are a scam, there is a lot of other factors to look into before start pointing fingers and shout scam you really need to provide more information or provide the project name to allow us to find this information ourselves if you want a valid opinion.

[qwerty1337]

The project should devote as much time as possible to its platform, make a quality product, and then bring it to the exchange. I am familiar with the cases where the developers said they collected 5-10 million, but in the end it turned out that this is not true.

[invincible49]

Many projects have launched with large initial gains only to fail. Others start shit and only shine later. In this market, a bad start is almost guaranteed unless you get some great publicity somehow. Since you have not mentioned the name of the respective ICO project's name then it is not question about the price of their token, it is more of a question of whether they mentioned that there wouldn't be any exchange listing for this longer. If they said it during the ICO then investors are inclined to accept this issue rather accusing it as scam.

[Sanford]

  It does not matter how much the project has assembled. Here is an example.

 Neluns Scam.
 Stole guys $ 135 M.  Began to sell their coins on the fraudulent exchange. To steal even more. They also asked the bountists to pay for transactions. Also stole about $ 1000. I think no matter what project. If he does not follow the roadmap. Do not communicate with investors, this is a scam.

[cryptolord2077]

I agree that this is suspicious, because having such a number of funds at your disposal, you can hold several listings on large stock exchanges, which may well give rise to a coin growth.

[Bonwin]

I think you need to ask the team questions of this nature on theor social media handle, such as telegram if the have one. Just as them politely, without being rude and i believe the will give you the appropriate answer.
So do not conclude yet, until you are able to confirm from them.
I have seen similar projects like that, that are still genuine.

[Mr.Spreadthehamster]

It is fair to say that 3 months is not the limit even for an experienced team at the bear market stage. Despite the lack of sufficient demand for a token, the company does not need to hurry with the listing. It is important that they inform investors about all this.

[jupppo]

Do you know for sure that they have raised 50 million? Or it's just a number from their website? I think that if the project has raised these funds for real, you need to wait some time and they will make listing of their token.