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Author Topic: Most new ICO/IEO projects are new crypto trading platforms  (Read 864 times)
tranquynhtien
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July 23, 2019, 07:52:10 AM
 #41

Invest in newborn projects is risky. For example, we can not fully and correctly assess potential of a new-born exchange, certainly. We can spend our time to read their whitepapers, join their exchanges to get experience, with thrown-away emails, then assess their quality and potential but at beginnings, we have limited data sources to assess them. You are right that within last three months, there are so many new born exchanges, that create another new trend in crypto, but generally be careful with them.
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July 23, 2019, 08:05:23 AM
 #42

I did notice that myself that most of the startups are exchanges, in which they are trying to compete with the low and average-type exchanges that are existing in the market. I honestly agree that these exchanges are saturated, in which almost all of them are having the same function and features (with a little bit unique features).

And on top of that, these exchanges are having their own tokens. The purpose is for them to use it a trading pair to other coins or tokens, and may give it away as an airdrop or in trading competitions. However, there are other exchanges in which they're not yet tradable in their platform until now.

I wouldn't mention that exchange though, it's been a year and no movement from their part in activating that token of theirs for trading. I just don't know why they are doing it because they think they can compete with the big guys out there, and convincing them to trade in their respective platforms instead. It's just that most of them failed and didn't attract a lot of people to trade with them due to their "almost the same" features like what the big guys do.

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magicrypto
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July 23, 2019, 08:25:29 AM
 #43

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?

Of cource they can, but new players can bring to the customers new level of service and low fees for example, i talk about the healthy competition, that only improves cryptocurrency market. By the way Binance is only 2 years old, so why new players cant became a new Binance?
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July 24, 2019, 11:38:26 AM
 #44

I found one IEO her name is moozicore which is listed in some trusted IEO Exchanges. Like Coinbene, LAtoken, Sistemkoin, ExMakets, W12.io.

you can go and check about moozicore. (https://tokensale.moozicore.com/)
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July 24, 2019, 11:54:02 AM
 #45

In 2017 during the ICO binance, I could not understand why we need a new exchange, because there were Bittrex Polo Kraken and etc., but the Binance came and took part of the market itself.

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July 24, 2019, 01:52:01 PM
 #46

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?
The painful part is that those exchanges are substandard to current existing exchanges. i think they just want to feel among without anything to offer. The existing exchanges should be improved on we don't need thousands of shit exchanges.

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July 25, 2019, 07:03:38 AM
 #47

One of the Best IEO Moozicore is Growing Rapidly.
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https://tokensale.moozicore.com/
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July 25, 2019, 07:37:28 AM
 #48



So many of them since the 2018, they already know that IEO will be the next to ICO so they are creating more exchanges today and its not going to be surprising to see them one day, they scam through doing IEO for some projects. It only needs teams doing IEO on them. Some these exchanges are now trying to advertise itself as reputable ones doing IEO, you can see them on facebook and linkedin posts.


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July 25, 2019, 07:51:37 AM
 #49

In my opinion, it's great if a new ICO or IEO project uses a new trading platform. This indicates that the new ICO / IEO projects are new crypto trading platforms with competition from crypto itself in advancing them. thus all users of crypto currencies are balanced in creating concepts and competing in a healthy manner.
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July 25, 2019, 01:01:44 PM
 #50

Nowadays, it is difficult to build up a succesful projects in crypto from scratch. Therefore, teams tend to create more exchange projects to find their opportunities. However, not all teams can build up good exchanges, even they don't have intentionn to scam their investors/ customers. So, if someone don't have enough experience to verify good/ bad exchanges, they should use well-known, old exchanges, that have good histories, without scam accusations or flags (nowadays).
I did notice that myself that most of the startups are exchanges, in which they are trying to compete with the low and average-type exchanges that are existing in the market. I honestly agree that these exchanges are saturated, in which almost all of them are having the same function and features (with a little bit unique features).

And on top of that, these exchanges are having their own tokens. The purpose is for them to use it a trading pair to other coins or tokens, and may give it away as an airdrop or in trading competitions. However, there are other exchanges in which they're not yet tradable in their platform until now.

I wouldn't mention that exchange though, it's been a year and no movement from their part in activating that token of theirs for trading. I just don't know why they are doing it because they think they can compete with the big guys out there, and convincing them to trade in their respective platforms instead. It's just that most of them failed and didn't attract a lot of people to trade with them due to their "almost the same" features like what the big guys do.
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July 30, 2019, 01:00:48 PM
 #51

Because the current trend are exchange tokens. As far as I know, those were the most successful altcoins on the market, especially tokens from Binance, Huobi, Bitmax and Kucoin. Fresh projects are just following the trend, but any trend comes to an end sooner or later.
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July 30, 2019, 04:13:16 PM
 #52

I found one IEO her name is moozicore which is listed in some trusted IEO Exchanges. Like Coinbene, LAtoken, Sistemkoin, ExMakets, W12.io.

you can go and check about moozicore. (https://tokensale.moozicore.com/)

IEO sales at Coinbene and Latoken are still ongoing, while the IEO in Exmarkets and Sistemkoin has been sold and it's only round 1, but it looks like there will be a next round.

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July 30, 2019, 04:18:29 PM
 #53

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?

Last year, so many ICO are exchange and trading platform based, not of them are successful in creating a buzz, there are Adab, IronX Becent Xera and still many others still holding their ICO, it seems not even a successful ICO can become a successful exchange, we'll have to see the others they are looking for the right time to launch their platform.

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July 30, 2019, 05:49:09 PM
 #54

I believe that such platforms are needed both by the crypto market and its community. The fact is that top exchanges often have conditions that limit or even rule out the possibility of both cryptocurrency trading and adding new crypto assets for trading. New trading platforms have loyal conditions and allow you to join them more easily and easier. Also, thanks to new trading platforms, a competitive factor appears, which is good, as it forces the platforms to develop and become better.
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July 30, 2019, 05:58:52 PM
 #55

Yes correct very well said the new crypto ico token are a trading exchange and most have very very less volume I don't know how they get volume
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July 30, 2019, 06:04:24 PM
 #56

I think, the new trading platform is very much needed now. and certainly this new platform has features that are far better in any way. so there is no more loss of crypto assets on certain platforms.
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July 30, 2019, 06:46:24 PM
 #57

indeed we see a lot of trading platform platforms. they only develop applications and their real products are a collaboration with other companies.
maybe that's what has become very much the growth of new exchanges. they come with their own coins and try to beat the existing ones with lots of events and discounts.
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July 30, 2019, 07:02:00 PM
 #58

Well. The trading platforms that develop good products or IEO/ICO . Most projects always needs a good trading platform to launch their project which gives their customers a good reputation.

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July 30, 2019, 07:40:54 PM
 #59

I dont see the essence of all these new exchanges. But let's allow them all to come on bord and prove their worth. In the end, it will be survival of the fittest. The weak once will surely die

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July 30, 2019, 08:06:50 PM
 #60

In my own opinion I think any developers that think they can do better or offer more than what we currently have let them come up. The blockchain space doesn't limit any one rather the users will uphold any platform that is Innovative in nature thus the reason why Binance etc keeps growing; so if a new exchange will spring up and offer something more than the current exchanges it will gain the neccessry attention.
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