PRQ - Parsiq - IEO ongoing - opinions?

[electronicash]

Coinmetro is a US-based exchange site and it doesn't have a lot of volume https://coinmarketcap.com/exchanges/coinmetro/
PRQ coin doesn't look good for me especially it was running its IEO on a small exchange site without big liquidity and that can bring the price of the token to the bottom easily.
If you are having an intention to participate in PRQ IEO and i suggest you not try to do that consider it has more than 80% of chances to be dumped.

You can take a look at how a lot of IEOs become failed after they launched on the small exchange that can't bring liquidity.

You say the right thing. Most, if not all, IEOs on small exchanges, as a rule, did not give the desired result. After entering the exchange, a dump occurs.
In this case, you need to remember that the project conducted a bounty, and has already distributed awards to the participants.
Due to the low capitalization, the sale of bounty coins can greatly affect the price, which will lead to an instant reduction in price by 50% -100%.

one reason alone can make it look bad for the marketing of the project. if they choose an exchange that is so small no one ever heard of and yet ask for KYC, any investor would rather  wait for the token to be listed on the exchange where they had passed KYC already. its too risky for them to send documents to coinmetro

[1715210842]

1715210842

[1715210842]

1715210842

[1715210842]

1715210842

[1715210842]

1715210842

[1715210842]

1715210842

[zabir.brutov]

The core problem of such tokensales is exchange where this IEO is taking place. Investors are not interested in such exchanges as Latoken, Probit or another non famous exchanges. Make a TGE on Binance, Huobi or Okex and it will get sold out.

[BQ]

Coinmetro is a US-based exchange site and it doesn't have a lot of volume https://coinmarketcap.com/exchanges/coinmetro/
PRQ coin doesn't look good for me especially it was running its IEO on a small exchange site without big liquidity and that can bring the price of the token to the bottom easily.
If you are having an intention to participate in PRQ IEO and i suggest you not try to do that consider it has more than 80% of chances to be dumped.

You can take a look at how a lot of IEOs become failed after they launched on the small exchange that can't bring liquidity.

You say the right thing. Most, if not all, IEOs on small exchanges, as a rule, did not give the desired result. After entering the exchange, a dump occurs.
In this case, you need to remember that the project conducted a bounty, and has already distributed awards to the participants.
Due to the low capitalization, the sale of bounty coins can greatly affect the price, which will lead to an instant reduction in price by 50% -100%.

one reason alone can make it look bad for the marketing of the project. if they choose an exchange that is so small no one ever heard of and yet ask for KYC, any investor would rather  wait for the token to be listed on the exchange where they had passed KYC already. its too risky for them to send documents to coinmetro

In CoinMetro's case in particular, they are entering the space with intention of doing everything right, legally etc.
CoinMetro CEO also behind "fxpig" so they're new to the trading industry

[BQ]

"PARSIQ BONUS PROGRAM":
https://go.coinmetro.com/assets/pdf/prq_bonus_plan.pdf?v=1.0.1

[BQ]

Round 1 Whitelist sale ended! Not that much sold but it will go on for 1-2 more months so

[alawakbar]

I had to register here when I saw this thread discussing PRQ,
this is the type of project that will be here in 5 years, 10 years,
fundamental for regulated exchanges and regulation is happening fast.

[BQ]

I had to register here when I saw this thread discussing PRQ,
this is the type of project that will be here in 5 years, 10 years,
fundamental for regulated exchanges and regulation is happening fast.

I agree - I think CoinMetro already is using Parsiq and likely so will many other in the future.

[BQ]

CoinMetro has a competition for PARSIQ,

5000 PRQ gives 1 ticket to the raffle.
max 3 tickets.
100,000 PRQ will be distributed among the 20 raffle winners.
This is from the "Info" on the CoinMetro Direct thing

[TrevorS]

How much was collected in the first sale? In what currency? I would like to see the exact numbers. As well as wallets for funds, if possible.
I'm curious what the project will do if the sales fail? Will it return everything to investors?

[BQ]

How much was collected in the first sale? In what currency? I would like to see the exact numbers. As well as wallets for funds, if possible.
I'm curious what the project will do if the sales fail? Will it return everything to investors?

I think PRQ raised over 1m € private sale at 0.02€.
This current public sale is ongoing for 1.5 more months

[BQ]

Did anyone see these PARSIQ ads? On I think Coinmarketcap and some crypto news sites!

[lolak2]

Volume is very low, almost did, how we can go with this exchange, if i do this mean i throw my money a way, i do not mind to join the  small exchanges but should be there fair volume at least.

[BQ]

Volume is very low, almost did, how we can go with this exchange, if i do this mean i throw my money a way, i do not mind to join the  small exchanges but should be there fair volume at least.

general volume of the exchange?
they are launching liquidity providers this month or next month,
so there will be liquidity on all pairs. Right now only on the big ones
this should help volume

[BQ]

Seems like a lot of PRQ bonuses in the works atm, this came in the newsletter:

"Last week we announced our special 100K PRQ Raffle in addition to our referral bonuses.
But we’re unstoppable, and we’ve got yet another bonus for you!

Top 5 participants purchasing the most PRQ tokens by the end of the Primary Issuance, will also get 20,000 PRQ Tokens each – current equivalent to 500 EUR worth PRQ tokens! Sounds incredible? But it’s true!


So, not only do you have a chance to get referral bonuses and participate in the 100K PRQ Raffle, but you can also qualify for the 20,000 PRQ tokens prize!

Wait no more – participate in the PARSIQ Primary Issuance now and get one of the bonuses! Or why not all of them?"

[Stargazer]

Honestly, I have no interest in Coinmetro nor their IEO. Latoken is better than Coinmetro and I will never buy IEO token from the Latoken exchange. I hope you get my point. Parsiq looks not promising too. This is a small project so they chose a volume less crypto exchange to launch their IEO! Therefore I don't believe monthly or yearly interest-based projects anymore. I invested in some projects who never give me the interest rather they scammed me.

[BQ]

This came in an email:
If you purchase at least 5,000 PRQ in total, you will meet the requirements for entering a Raffle where 20 lucky winners will get 5,000 PRQ each! You can earn up to 3 tickets, so buying 5K, 10K or 15K PRQ in total will respectively give you one, two or three tickets to the raffle.

In addition, if you are among the top 5 of participants purchasing the most PRQ tokens, you are guaranteed to 20,000 additional PRQ tokens for FREE!

PARSIQ does offer a lot of bonuses

[BQ]

one pager:
https://www.parsiq.io/onepager.pdf

[akmpro777]

They raised 100k on Coinmetro and 1.5 mil on private sale

[pangu]

PRQ is now tradable on CoinMetro.com !!

[BQ]

PRQ/EUR is now LIVE on COINMETRO!