What's with these Binance ICOs?

[AlekseyCrypto]

I think that in this case, the key role is played by the degree of confidence to the Binance brand and the fact that the token will be transferred to the exchange immediately after the ICO

[MiniMountain]

There are lot of investors and active traders on Binance which make sense why these ICO's sold-out in minutes. a lot of crypto enthusiast trust the exchange and they believe that the project that supported by Binance has a big potential to grow like the status of their exchange right now.

[terra_vival]

Binance is one of the most popular cryptocurrency exchanges with large volumes of transactions daily.
Of course the project Fetch has taken a winning position selectiv their coins on Binance.

[marilynmanson21]

I think every single coin/token that using Binance Launchpad will be highly success, because as we know Binance is the biggest exchange in the world until now, there are tons of member and the hype is big.

[Chemcrier]

The Binnacle launchpad has had a positive effect on ICOs conducted there but while it is true that the influence of Binance affects the sales, we also have to note that both projects are really amazing projects.

[abake]

It's old news that Binance launchpad boosts ICOs. Wayback from the time of GIFTO, BRD and presently BTT, FETCH.  This is because listing on Binance after this process is certain, hence people dive in in huge numbers, and most won't even be able to buy in. The rush will soon go down if it's exaggerated.

[Oasisman]

The true question here is, How much did that ICO paid Binance to do it, Ir if there are not maybe Binance really seen a potential with their project, And because it is Binance many people will sure trust it, The brand name is really important and just like in TV programs if the channel is very popular many audiences would surely trust it, And Binance is one of the tops and trusted Exchange in the community, So there is no doubt about it.

Of course it would be expensive to list an ICO in binance thats for sure, but this exchange is one of the few that are trusted, established, and had successful ICO's. So, I guess Binance wont just allowed an ICO that doesnt have a good dev and team behind it, or else it would ruin their reputation.

[CoinCollect]

I think that they are supported by such a well-known exchange as Binans gives them an advantage. People trust in these projects. ICO are not dead, just they will reach a new level, I believe.

[oriontab]

ICOs seem to be about how much hype goes with it. Binance conducting ICOs for projects is a way to create hype around the projects.it is not surprosing tjat it sold out in about 4s and hard card of about 6 m$ was reached. Sold on the reputation of binance

[oriontab]

Any claims at to regards the death of initial coin offering icos is false and can only create FUD.
Initial coin offering would still be here

That may be true,but a lot more projects are having difficulty in reaching even soft caps despite several months of marketing and token sales .Things are only likely to improve if the general market gets sOKme fresh cash injection amd we gain some bullish momentum. We will always have new projects,hence there will always be the need to raise cash,ICO seem to be the simplest way to achieve that

[yingfeng]

After Bittorent, another project (Fetch) had another sold out ICO. After many claims that "ICOs are dead", why is it that we still have these ICOs being sold out in a matter of seconds?

Is it because it's held on Binance?

Because exchange Binance is very popular. Investors are confident that projects will be profitable after the ICO on the Binance platform. Tokens are immediately added to the exchange. Also, projects are not collecting a lot of money. People can not get on the ICO.

[cryptomaster420]

After Bittorent, another project (Fetch) had another sold out ICO. After many claims that "ICOs are dead", why is it that we still have these ICOs being sold out in a matter of seconds?

Is it because it's held on Binance?

Yep, Binance has the highest real-user volumes, so people are reassured about the coin's price stability, which in turn gives them the confidence to invest and try their luck. So far this has been working out.

[Kiefner]

I think it's only because people have a huge amount of trust in the exchange Binance and it's not just that. But here is to many other ICO I personally am extremely skeptical.

[tippytoes]

Sometimes they call it Initial Exchange Offering. And yes, have seen that https://fetch.ai/ sold in about 22 seconds. Very lucky one! I believe if you collaborate with big exchange like Binance, you have high possibility of being successful in raising your funds. So technically, ICO is not yet dead for some fortunate projects.

[JeffBrad12]

It's old news that Binance launchpad boosts ICOs. Wayback from the time of GIFTO, BRD and presently BTT, FETCH.  This is because listing on Binance after this process is certain, hence people dive in in huge numbers, and most won't even be able to buy in. The rush will soon go down if it's exaggerated.

Most people can't join and that creates a lot of noise after it listed on the binance exchange site directly. Look at how these icos that listed on binance launch pad have been giving a lot of money to the investor's dude.  you can see that on the chart.

[lutfi-hasan]

Sometimes they call it Initial Exchange Offering. And yes, have seen that https://fetch.ai/ sold in about 22 seconds. Very lucky one! I believe if you collaborate with big exchange like Binance, you have high possibility of being successful in raising your funds. So technically, ICO is not yet dead for some fortunate projects.

Because Investors believed that ICOs in Binance's market were very safe, so they dared to spend a lot of money to invest there, and it was proven that Bittorent was successful in the market.

[TopT3ns]

After Bittorent, another project (Fetch) had another sold out ICO. After many claims that "ICOs are dead", why is it that we still have these ICOs being sold out in a matter of seconds?

Is it because it's held on Binance?

Maybe Binance is one of reason why people really hype to buy an ICO. Because we know Binance is one of big market for now and list a token in there is really hard. And some token that can listed on big market usually have big price.

[Jrfranco]

After Bittorent, another project (Fetch) had another sold out ICO. After many claims that "ICOs are dead", why is it that we still have these ICOs being sold out in a matter of seconds?

Is it because it's held on Binance?

Maybe it's because binance has a large number of audience, but it was unlucky for me because I never heard about this ico, if I learned this maybe I could participate I this ico. Ico are not yet dead in fact it depends on the project I think.

[cryptomaster420]

1. Binance does massive background checks, so they only do quality ICO-s in there.
2. The ICO token is guaranteed a listing on Binance, which has always been the most pump-worthy event.
It's pretty clear that there's gonna be high interest and price hikes.

[libert19]

After Bittorent, another project (Fetch) had another sold out ICO. After many claims that "ICOs are dead", why is it that we still have these ICOs being sold out in a matter of seconds?

Is it because it's held on Binance?

Pretty much, Binance is widely known and trustworthy exchange in crypto world. Also guaranteed listing on binance lures people. It's all hype.