Most new ICO/IEO projects are new crypto trading platforms

[btccrusher]

While I was scanning through the bounty board section to find a good ICO/IEO to participate and earn a few bucks, I noticed most of these projects are creating/building cryptocurrency exchange. That means it will be a trading platform. All of them promising to be the best exchange ever. All of them showing that none of the present exchange has features like them, what they will bring once successfully raise funds.

Well, do you think exchange like Binance, Huobi, Bitmex can't satisfy users? Do you think, the crypto world needs these new trading platforms?

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[cryptofirm]

While I was scanning through the bounty board section to find a good ICO/IEO to participate and earn a few bucks, I noticed most of these projects are creating/building cryptocurrency exchange. That means it will be a trading platform. All of them promising to be the best exchange ever. All of them showing that none of the present exchange has features like them, what they will bring once successfully raise funds.

Well, do you think exchange like Binance, Huobi, Bitmex can't satisfy users? Do you think, the crypto world needs these new trading platforms?

thats mean a competitions will come to all exchange platform, not only for a new platform, but for the old too
and the looser will gone, but the winner will stay active, even have a lot of traders inside the platform
in my opinion a lot of exchange born in this industry because the rise of IEO buddy

[tsaroz]

While I was scanning through the bounty board section to find a good ICO/IEO to participate and earn a few bucks, I noticed most of these projects are creating/building cryptocurrency exchange. That means it will be a trading platform. All of them promising to be the best exchange ever. All of them showing that none of the present exchange has features like them, what they will bring once successfully raise funds.

Well, do you think exchange like Binance, Huobi, Bitmex can't satisfy users? Do you think, the crypto world needs these new trading platforms?

Your concern is valid. The crypto exchange field is nearly saturated and there's many exchanges with negligible volume as 90% of volume goes through the top 10 exchanges.
All of these simple crypto exchange and their tokens won't make any difference unless they come's up with backing from large enterprise or local governments.

[YuginKadoya]

This new IEO has become more popular now to the bounty hunters because of a truly remarkable platform and promise to the people, However, I really think just like ICO, it will eventually fill out the number of Crypto in the market and fill out the number of exchange available and more competition for them But the thing is if the market is congested with so much exchange it is not gonna be healthy for the company itself because they will focus more on competitors and instead in their platform or company, So instead of a strong exchange, in my opinion, it will become a weak one, And will not last long in the market like ICO did.

[Little Mouse]

Couple of months ago, when IEO was popping up, I have onced said that new exchange will pop up with launching IEO and that's what is happening now. Most of this IEO eill be scam at the end.
Reputable exchange only allow limited participant for which not everyone can invest. This is another reason for which more exchange can bring IEO.

[bitc0000]

This space needs all the innovation it can get, any project out there that thinks it can do better let it come on board and challenge the existing ones. I think the problem is, instead of most to focus on building their platform to be the best, they will end up comparing with the existing ones thus lossing out. No one knew about Binance until it came up and took everyone by surprise through accommodating all users without unnecessary restrictions like seen in other exchanges then.

[rosezionjohn]

While I was scanning through the bounty board section to find a good ICO/IEO to participate and earn a few bucks, I noticed most of these projects are creating/building cryptocurrency exchange. That means it will be a trading platform. All of them promising to be the best exchange ever. All of them showing that none of the present exchange has features like them, what they will bring once successfully raise funds.

New exchanges asking for funds thru ICOs/IEOs has been going on for a while now. It's only natural for them to market their "unique" features but it is up to the readers to verify if all those mentioned are true.

Well, do you think exchange like Binance, Huobi, Bitmex can't satisfy users? Do you think, the crypto world needs these new trading platforms?

Never be too confident or complacent with these established exchanges. Anything can happen and any of these new exchanges can rise to the top.

[MikeyVeez]

You are right! People think that having an own crypto exchange means free money. But it is not easy as they think, so many good competitors are already in the market. So do not expect that all exchanges survive.  

[Emmy92]

Every now and then many projects keeps coming up while promising one thing or the other, but the question is; how many succeded? Most will say they will beat this exchange or that platform but yet won't succed in offering anything. Nevertheless, any project that think it has the potential to challenge current exchanges let it come on board and disrupt status quo.

[FLHippy]

Beause currently it seems that only exchange and gambling dapps need tokens. Other tokens have fictional use case in most cases.

[Milamol]

A huge number of exchanges are also fictional. This is a blind to raise funds from unsuspecting investors. You do not think that the market needs a huge number of exchanges? Although the assets is less than the number of these exchanges .

[Thermytee]

While I was scanning through the bounty board section to find a good ICO/IEO to participate and earn a few bucks, I noticed most of these projects are creating/building cryptocurrency exchange. That means it will be a trading platform. All of them promising to be the best exchange ever. All of them showing that none of the present exchange has features like them, what they will bring once successfully raise funds.

Well, do you think exchange like Binance, Huobi, Bitmex can't satisfy users? Do you think, the crypto world needs these new trading platforms?

Yea, i noticed it too. Trading platforms here and there. Some are even a combination of Exchange making it possible for you to log in to your Exchange accounts in their platform. This for me is really crazy. A downside to this might be security - hacks may be fatal. I'm sure they would have thought this out. It's a new wave of exchanges and we're going to see a couple of them this year.

[Kemileye]

While I was scanning through the bounty board section to find a good ICO/IEO to participate and earn a few bucks, I noticed most of these projects are creating/building cryptocurrency exchange. That means it will be a trading platform. All of them promising to be the best exchange ever. All of them showing that none of the present exchange has features like them, what they will bring once successfully raise funds.

Well, do you think exchange like Binance, Huobi, Bitmex can't satisfy users? Do you think, the crypto world needs these new trading platforms?

I also noticed that most projects are exchange and I think their aim and objective is to launch their token sale on their incomplete exchange so that they can scam a lot of investors that find it difficult to make proper findings before investing.

[loopes]

Well, I think some those project will eventually turn into a scam, but those who get sucessfull will be a nice competitor to the current exchangess, It'll be nice to get the fees lower.

This condition benefits traders. Improvement of service quality will be faster and more significant. It seems that most of developers see big opportunity to earn income from trading activity, cryptocurrency users more often to use cryptocurrency for trading in exchange site rather than to buy goods.

[Flezy]

That's true, have see quite a number of them, all promising one thing or the other. To be frank I don't know why a team will propose something and then failing to offer even half what was proposed; this is the reason why top trading platforms will keep ruling as upcoming trading platforms are yet to challenge them. Nevertheless, if these upcoming trading platforms can work hard and bring in innovative features they will stand a chance.

[TastyChillySauce00]

Well, I think some those project will eventually turn into a scam, but those who get sucessfull will be a nice competitor to the current exchangess, It'll be nice to get the fees lower.

This condition benefits traders. Improvement of service quality will be faster and more significant. It seems that most of developers see big opportunity to earn income from trading activity, cryptocurrency users more often to use cryptocurrency for trading in exchange site rather than to buy goods.

Most of them seeing the opportunity of having IEO hold by them and take the huge chunk of money. The profit from the usual trading fee is quite big indeed, but most of the new trading platform that I see right now seems to be in hurry to have an IEO. It is just about fast money in the end after all.

[Pelana vreo]

The IEO will always be on a new exchange, there will be competition between exchanges 1 with others, transaction speed, and low costs will be the choice of many users.
The new crypto exchange platform always appears and we will see a large trading volume of some of the coins listed on the new exchange will have a good price in the future

[creeps]

All new exchange showing they will build good exchange with high transaction speed and low very low cost. After success all are change and equal others.

They always promise that, some succeed but most of them are not, maybe this is the profitable project right now as we continue to increase the demand coming from investors and they really want to catch the new comers in the market. I wonder how an crypto exchange made an IEO to its future rival, well they have to be friendly for them to succeed as well.

[BitTraderCute]

The IEO will always be on a new exchange, there will be competition between exchanges 1 with others, transaction speed, and low costs will be the choice of many users.
The new crypto exchange platform always appears and we will see a large trading volume of some of the coins listed on the new exchange will have a good price in the future

Exchanges are currently competing to provide the best service to their customers. and the current quality of the IEO is concentrating on getting more users and volume trading.exchanges will take many benefit they could  launched successfull IEO.

[darkangel]

While I was scanning through the bounty board section to find a good ICO/IEO to participate and earn a few bucks, I noticed most of these projects are creating/building cryptocurrency exchange. That means it will be a trading platform. All of them promising to be the best exchange ever. All of them showing that none of the present exchange has features like them, what they will bring once successfully raise funds.

Well, do you think exchange like Binance, Huobi, Bitmex can't satisfy users? Do you think, the crypto world needs these new trading platforms?

And most are now shams. I once came across a cryptocurrency trading platform called Axnet which couldn't do a proper website with good user interface and trading algorithm yet this project conducted initial exchange offering and made sales. This exchange I speak of never even traded since its launch