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Author Topic: Exchange platform are why ieos have gone quiet  (Read 292 times)
hushpupppy (OP)
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October 05, 2019, 02:07:18 PM
 #1

When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??

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Kupid002
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October 06, 2019, 05:00:37 AM
 #2

When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??
There are many investors now affraid in any crowdfunding in crypto there will be a new idea of crowdfunding but it will not last for long like what will happen in IEO, STO.
Its better for the project to start with private investors than make a crowdfunding.

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October 06, 2019, 05:05:24 AM
 #3

When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??

We need to realize why the IEO ,ICO and other ways are failing ? Because all of them focus on getting the investments from the people and do not focus on the development. If a project team focus on the roadmap and deliver its key milestones right on time, the investors will come to them even if they are using ico , crowdfunding or private sales.

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Kupid002
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October 06, 2019, 06:01:20 AM
 #4

When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??

We need to realize why the IEO ,ICO and other ways are failing ? Because all of them focus on getting the investments from the people and do not focus on the development. If a project team focus on the roadmap and deliver its key milestones right on time, the investors will come to them even if they are using ico , crowdfunding or private sales.
And most of the project started that crowdfunding only have idea , you invest for the idea that you dont even know if  it will be successful which i think reasons why many project failed. The project should have working product before starting an ICO,IEO it will not guaranteed your investment but at least you know they are really working.

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October 06, 2019, 08:27:37 AM
Last edit: October 06, 2019, 12:57:04 PM by TheUltraElite
 #5

Serious investors dont use crypto to invest unless they are investing after being advised about the project. Where ever there is investment from venture capitalists there will be at lot of investigation from the capital owners. You think whatever initial coin blah blah blah is going to attract investors, No.

The project team and MVP is what is important. 99% of these projects are a waste of time and money so stop investing  in them. Its rare to find anything good to invest in except bitcoin which is the one and only thing that should be any crypto enthusiasts focus.

R


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Quidat
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October 06, 2019, 09:46:39 AM
 #6

When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??

We need to realize why the IEO ,ICO and other ways are failing ? Because all of them focus on getting the investments from the people and do not focus on the development. If a project team focus on the roadmap and deliver its key milestones right on time, the investors will come to them even if they are using ico , crowdfunding or private sales.
And most of the project started that crowdfunding only have idea , you invest for the idea that you dont even know if  it will be successful which i think reasons why many project failed. The project should have working product before starting an ICO,IEO it will not guaranteed your investment but at least you know they are really working.
Thats why they do ask out for some funding or financial support to build their working product thats why its just rare to see projects that
already had some product before they do ask out for more support.Majority or all of them are still on ideas thats why we do see roadmaps and whitepapers.
The only thing or mistake here is that when project owners already getting some support they already forget to built up the project or simply
forget the things they had promised to its investors when its still asking some funding.
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October 06, 2019, 01:45:45 PM
 #7

When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??

I beg to differ.

Exchange platforms charging a high fee would not be an issue if there was even a fraction of the demand for these tokens when compared to the alt craze of 2017. Back then, listing fees were absolutely over the roof with barely any legitimate, non-hyped up project being able to afford it, yet it can still be financed due to the absurdly easy environment for getting investments.

And plus, people look at IEOs no differently than ICOs now, which is different to when it initially came out with the surprise factor.

At the end of the day, the ICO/IEO market is completely saturated with unwilling investors right now in a bearish environment. That's all there's to it.
sunsilk
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October 06, 2019, 06:39:58 PM
 #8

But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo
I don't think this was even a secret. During the ICO days, the exchanges were ramping and making more money with the listings from different projects so with the IEO, expect that it would also conduct the same charging fee especially if it's a known exchange such as Binance.

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit
Projects that were made to scam also exists with IEO and this has been happening ever since the popularity of ICO.

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??
Any of those, as long as they are serious they will be noticed in the long run.

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October 06, 2019, 09:07:32 PM
 #9

When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??

crowdfunding IS the way, but like anything, it can be abused Sad
shittokens took advantage of the hype, that dosent mean GOOD projects can't use IEOs to get started tho Smiley
Many good projects, ETH for example used crowdfunding model and are successful to this day
one thing hasent changed: Don't invest what you can't afford to lose

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October 07, 2019, 09:03:38 AM
 #10

When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??
If that was having a real product and company to create IPO is not a bad idea, and this is the only way or last way probably.
As far as I know even some shitty exchange sites just like coineal and bitmax have charged more than 11 btc for an IEO that have already launched on that platform.

Remember to conduct an IPO is a tough thing consider you must legally register your company in official institutional to get legalisation.

The best choice to do ICO consider the team itself is holding the funds, but that's not a safe way to get the money anymore.

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October 08, 2019, 12:30:51 PM
 #11

exchange platform charge a lot to list ieo projects for ieo

lol why do you think exchanges started this IEO nonsense in first place? it is exactly to get paid to list scam projects. the more scammy the project the less they care about that high cost!

Quote
If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??

all the fundraising schemes have always been to scam people. there is no even a single project that has run a fundraising and have been good. why do you think half the tokens died in a year and the other half is dying?

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October 08, 2019, 12:44:15 PM
 #12

When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??

crowdfunding IS the way, but like anything, it can be abused Sad
shittokens took advantage of the hype, that dosent mean GOOD projects can't use IEOs to get started tho Smiley
Many good projects, ETH for example used crowdfunding model and are successful to this day
one thing hasent changed: Don't invest what you can't afford to lose
Its prone to abuse thats why we cant really blame up the community on how they do look at to these kind of crowdfundings since its being used to scam out investors.
ICO or IEO or other kind of crowdfunding is good but they do differ in terms of security of funds where IEO do able to get up the hype.Small exchangers do took advantage with it
and if they do saw that big exchangers do ask out about ieo listing then they would do the same.

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October 10, 2019, 12:21:19 PM
 #13

When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??

Yeah i do really think exchange charges are seriously affecting the success of some project, apart from the charge of ieo, they charge high fees for listing as well plus all the conditions attached to listing on their exchange, they are just being exploitative which is affecting the survival of most project in the market, until they decide to cut down their charges, this will continue to happen even good project will be affected.

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TheUltraElite
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October 11, 2019, 07:49:10 AM
 #14

Yeah i do really think exchange charges are seriously affecting the success of some project, apart from the charge of ieo, they charge high fees for listing as well plus all the conditions attached to listing on their exchange, they are just being exploitative which is affecting the survival of most project in the market, until they decide to cut down their charges, this will continue to happen even good project will be affected.
If the project owners are diligent enough they would not start a project in the form of IEO funding. They would go for the traditional stock market IPO approach which gets listed in a few days without any hassle. Getting listing is like a mafia trade nowadays with exchanges charging huge fees and bounty hunters crying scam if they dont get listed. So in a way the team if forced to list the project on some small cap exchange before moving to a midcap exchange.

The only one laughing hard here is the exchange owners. More and more shady small exchanges are coming up and trying to get their share by offering a lower fee but with zero trade volume. Bounty hunters go on selling their token creating a huge sell wall and nobody to buy them. Its a shitshow in short.

R


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October 11, 2019, 02:28:23 PM
 #15

When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??

I beg to differ.

Exchange platforms charging a high fee would not be an issue if there was even a fraction of the demand for these tokens when compared to the alt craze of 2017. Back then, listing fees were absolutely over the roof with barely any legitimate, non-hyped up project being able to afford it, yet it can still be financed due to the absurdly easy environment for getting investments.

And plus, people look at IEOs no differently than ICOs now, which is different to when it initially came out with the surprise factor.

At the end of the day, the ICO/IEO market is completely saturated with unwilling investors right now in a bearish environment. That's all there's to it.

Come to think of it, on idax exchange, cma and xcrypt token ieo did have a fraction of demand, but it was surpassed by the exchange platform billings. can we term that to the project being unhyped ??

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October 12, 2019, 11:57:45 AM
 #16

Come to think of it, on idax exchange, cma and xcrypt token ieo did have a fraction of demand, but it was surpassed by the exchange platform billings. can we term that to the project being unhyped ??

First of all, I thought Idax was a confirmed scam? Why would any ICO be willing to list their tokens on a platform with a tainted rep?

But to answer your question, yes, I do think that it can largely be attributed to these projects being extremely saturated now. Most tokens with actual utility has already been invented, and the speed of innovation has slowed down drastically.

There is definitely a lack of hype around anything ICO related, probably because of the fact that first wave ICO investors back in 2017 are now reaping nothing but losses as they invested in tons of bad projects that amounted to nothing. ICOs themselves are probably no longer profitable either for founders, which could explain why there is now a lack of good projects, as good projects can just seek private angel investment instead.
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October 12, 2019, 05:18:19 PM
 #17

When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??
These are the best possible ways exist to raise funds for your projects but sadly investors were tired of scammers so they are looking for trusted source which is the reason of Initial exchange offerings began.So when the exchange is trusted more people will run towards it so exchanges also asking for huge price for their projects to be listed there and also they might have certain criteria to meet before getting listed to assure that they didn't advertise a scam project.









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October 15, 2019, 08:29:42 PM
 #18

Yeah i do really think exchange charges are seriously affecting the success of some project, apart from the charge of ieo, they charge high fees for listing as well plus all the conditions attached to listing on their exchange, they are just being exploitative which is affecting the survival of most project in the market, until they decide to cut down their charges, this will continue to happen even good project will be affected.

The only one laughing hard here is the exchange owners. More and more shady small exchanges are coming up and trying to get their share by offering a lower fee but with zero trade volume. Bounty hunters go on selling their token creating a huge sell wall and nobody to buy them. Its a shitshow in short.

The more reason why decentralized exchange should be available in huge numbers, with dex project owners don't need to suffer such unjust exploitation in the hands of these exchanges, there are little or no fee in listing on a dex, kyc limitations is out of the question, users are at liberty to trade the way they desire, I think will this be the solution to this problem,
The only thing that need to be focus  on is to make  dex more user friendly, very flexible and easy to use, this will attract more people to use dex, hopefully, the attention will shift from Cex to DeX.

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October 16, 2019, 08:55:43 AM
 #19

The more reason why decentralized exchange should be available in huge numbers,
Again with huge number as you say, a similar problem will arise. Some of them will be shady and turn out be scam, some will run away when the authorities come after them and some will remain for a short period before sudden disappearing with no trace.
Quote
with dex project owners don't need to suffer such unjust exploitation in the hands of these exchanges, there are little or no fee in listing on a dex, kyc limitations is out of the question, users are at liberty to trade the way they desire, I think will this be the solution to this problem,
The only thing that need to be focus  on is to make  dex more user friendly, very flexible and easy to use, this will attract more people to use dex, hopefully, the attention will shift from Cex to DeX.
Still is pretty far from becoming reality, and who knows when people would trust a dex more than a cex. They prefer the original cexes more than dex. Although at this point the liberty seems real but it may change once a wave of transfer from cex to dex starts and that then the real power/poof of dex will be put into question.

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October 16, 2019, 04:29:52 PM
 #20

Come to think of it, on idax exchange, cma and xcrypt token ieo did have a fraction of demand, but it was surpassed by the exchange platform billings. can we term that to the project being unhyped ??

First of all, I thought Idax was a confirmed scam? Why would any ICO be willing to list their tokens on a platform with a tainted rep?

But to answer your question, yes, I do think that it can largely be attributed to these projects being extremely saturated now. Most tokens with actual utility has already been invented, and the speed of innovation has slowed down drastically.

There is definitely a lack of hype around anything ICO related, probably because of the fact that first wave ICO investors back in 2017 are now reaping nothing but losses as they invested in tons of bad projects that amounted to nothing. ICOs themselves are probably no longer profitable either for founders, which could explain why there is now a lack of good projects, as good projects can just seek private angel investment instead.

Thanks for this insight, its so true with tokens especially altcoins dying daily.
Do you think there can be any consequences for binance, if the Kava ieo coming soon drops below expectation ?

Binance has made lots of announcement lately to promote bnb hype, but i do see it as desperation; what do you think ?

I wait soon
Thanks.

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