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Author Topic: A Very Important Advice for Devs  (Read 672 times)
Bitbtc8
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March 27, 2020, 07:33:19 AM
Last edit: April 03, 2020, 07:52:54 AM by Bitbtc8
Merited by Furryball (8), tk808 (5), suchmoon (4), DDante (3), Mulann2 (2), joseyphil82 (1), Samayuki (1)
 #1

I've heard enough about exchanges and my ears are full, if you aren't a scammer or a pump and dump dev this is for you, I'm going to list some exchanges on here right now

1. Vindax
2. Systemkoin
3. ChainX
4. P2PB2B
5. Latoken
6. Dobi
7. Hotbit
8. Yobit

The following 👆 exchanges are extremely dangerous for your new project, do you hear me? It's either you get scammed and ripped off of the little fund raised believe me you won't raise hardcap successful on themor you are fooled about the exact amount that was raised and never get paid still, either one will happen.

Secondly these exchanges have no reputations to care for, you paid for the IEO and listing and your tokens won't attract investors, it's better to find ways for better exchanges or don't bother to do anything at all until you are able to.

The last man standing (Fund raising) is IEO and the only way to come out with flying colors with IEO is going to top Exchanges, take my words seriously if you are a developer, many failed to listed as I pleaded with them because their projects have good use cases and they end up worthless in the end.

Investors are now started and trust only top Exchanges, if you are looking for better investors they are available only on top Exchanges, this is not only the benefits of top exchanges, more Volumes and better Liquidity.

You want to know what's going on in investors mind today? Here is the answer
Bad projects lists on small exchanges do not blame them, even I have worst experience on these exchanges... Developers it's not bad to do your own research on exchanges too

Thank you

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March 27, 2020, 08:50:53 AM
 #2

A good project doesn't need to pay to be listed on the IEO platform. As far as i know, if this is not needed at all. Those exchange sites have been scamming the ico creators and some creators have even paid a lot of money. It looks like we must also need to create awareness into its official thread again.
The developer must understand it correctly about the possibility to be scammed by thosee xchange sites.

.
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March 27, 2020, 08:56:39 AM
 #3

A good project doesn't need to pay to be listed on the IEO platform. As far as i know, if this is not needed at all. Those exchange sites have been scamming the ico creators and some creators have even paid a lot of money. It looks like we must also need to create awareness into its official thread again.
The developer must understand it correctly about the possibility to be scammed by thosee xchange sites.
Well this is another one, what do you mean by good projects doesn't need to pay to be listed on IEO platform? It's always about the money, even binance makes new projects buy some BNB tokens first before other requirements

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March 27, 2020, 10:04:26 AM
 #4

A good project doesn't need to pay to be listed on the IEO platform. As far as i know, if this is not needed at all. Those exchange sites have been scamming the ico creators and some creators have even paid a lot of money. It looks like we must also need to create awareness into its official thread again.
The developer must understand it correctly about the possibility to be scammed by thosee xchange sites.
Well this is another one, what do you mean by good projects doesn't need to pay to be listed on IEO platform? It's always about the money, even binance makes new projects buy some BNB tokens first before other requirements

It shouldn't be about the money. It should mostly be about Blockchain/decentralization principles.
Developers not doing things the right way, even a little bit derailment can have serious consequences for "crypto/Blockchain" Projects.
Imagine rearing cats to protect you from large rats, instead of letting the cats do their jobs you put them in cages 24/7 or you keep them inside the rats home and tie them with ropes.



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March 27, 2020, 10:08:25 AM
 #5

A good project doesn't need to pay to be listed on the IEO platform. As far as i know, if this is not needed at all.
Are you sure about that? I think even major exchange that conduct IEO of course asking for payment. Binance, Kucoin, Okex, I think its impossible that they will not ask payment fee for those good project to be listed on their launchpad. Everything has a fee nowadays. That's why those exchange mentioned by OP are those small time exchange running IEO and not doing any due diligence on project potential as long as they can pay the fee.
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March 27, 2020, 10:23:51 AM
 #6

I don't know most of the exchanges but I totally agree with P2PB2B, this is an IEO killer, even though you got a good project they will just dump the coin/token until it is dead. And I read on one of the statements here that exchanges list them if they are good, yes, that is possible however most of them are being paid.
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March 27, 2020, 10:40:49 AM
 #7

I think this has become common because there have been many projects that have emerged with the IEO system that do not market them to the exchanger. At present, there are already quite a lot of projects marketing their products ranging from probit and exmarket. Well, I think it's a pretty good market for IEO, it's just that I hear negative rumors from Probit

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March 27, 2020, 11:00:36 AM
 #8

Once again, some words without evidence. The data of the exchange and their reputation with everyone on the hulk.
But why should developers take your word for it? Attach links with evidence of their guilt, so that your topic becomes a guiding one for the creators of projects.





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March 27, 2020, 01:17:19 PM
 #9

Once again, some words without evidence. The data of the exchange and their reputation with everyone on the hulk.
But why should developers take your word for it? Attach links with evidence of their guilt, so that your topic becomes a guiding one for the creators of projects.
We don't need proves, many are in scam accusation thread on this forum, I lost funds on vindax and the team never helped out, same thing with exmarket, about p2pb2b they are well known for fake volume and watch trades, it seems you are new on here
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March 27, 2020, 01:25:45 PM
 #10

There are projects who don't need to rely on centralized exchanges. Blocknet being one of them, as you can trade BLOCK on their own DEX. Pretty damn cool, and as an investor you can profit off of the DEX fees if you run a masternode.

The BLOCK DX was the first DEX to launch in early 2018, but Blocknet itself was launched in 2014. Here's the website to more about their DEX for anyone interested btw: https://blockdx.com/

The sooner we STOP using these centralized trash exchanges the better, why not trade in a safe environment with less fees? That's the real question you need to ask yourself!
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March 27, 2020, 01:31:06 PM
 #11

Once again, some words without evidence. The data of the exchange and their reputation with everyone on the hulk.
But why should developers take your word for it? Attach links with evidence of their guilt, so that your topic becomes a guiding one for the creators of projects.
Where the heck have you been? Are you the owner of your account? Because even members on here knew how dubious all these exchanges are, OP don't need to show any prove, them exchanges are bad for new projects and they have cheated many, I'm surprised this is coming from a hero member
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March 27, 2020, 04:39:27 PM
 #12

A new project must have shown it's capability before some exchanges can list them for free, this happens to one in 100 projects and now it's all about money, there are free listings too that only requires voting but before a project can win a vote supporters must have seen the projects potential before supporting

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March 27, 2020, 04:54:46 PM
 #13

It's even part of their plan to list into those exchanges because the requirements for the projects to get listed isn't that difficult. That's why many crap projects were listed there and it's continuous because they see that they're not too strict with the requirements.
Once they're in, they will not think of a better place like Binance.



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March 27, 2020, 04:58:24 PM
 #14

With the growing complaints about this exchange by many people it is definitely time for any upcoming project to have a proper plan about listing before lunching their project,
First all, it is usually lack or limited funds that drove some project to be in this exchange,
Or the project in question don't really care where they are listed provided they have the opportunity to dump their shit coins on others,
Hopefully, the serious project will yield this advice.


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aemma
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March 27, 2020, 07:19:00 PM
 #15

Am sure about P2PB2B and Latoken, the two exchanges are known for accepting shit projects or better still helping a project to go down the drain. To be frank, I agree with you, a good developer or team should make their research about the exchange they want to list on, it shouldn't be necessarily top exchanges but there are good and medium exchanges to start with as a new project. Most times I used to wonder how a team who really cares about their efforts in building a project will go as far as listing on a bad exchange, which points to the fact they are after their own pockets and not any developments.

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March 27, 2020, 07:22:55 PM
 #16

This is very good advice for the all crypto project owners! All of these exchanges are shit, I want to add some other exchanges like Coinlim, Coineal, Coinsbit, Exmarkets, Probit which are the same in nature! I think only shit projects are conducting their IEO on these exchanges, otherwise, good exchanges have Kucoin, Gateio, Bitforex and others gem exchange like Binance, Okex, Huobi, Bittrex for conducting their IEO! It's not only dev's job, rather every investor should be wise enough, so they don't invest all these shit scam exchange's IEOs!

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March 27, 2020, 07:25:08 PM
 #17

Where is the YOSHIT on the list,it is probably the exchange with the highest number of shit coins compared to other crypto exchanges.

OP do you really think devs don't know about the reputation of the exchange is important for a project to be stay alive? But they don't care since they already made enough money from their idea.

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March 27, 2020, 07:39:01 PM
 #18

A good project doesn't need to pay to be listed on the IEO platform. As far as i know, if this is not needed at all. Those exchange sites have been scamming the ico creators and some creators have even paid a lot of money. It looks like we must also need to create awareness into its official thread again.
The developer must understand it correctly about the possibility to be scammed by thosee xchange sites.

The good project needs to pay too through the crypto/USD or through their native coin, therefore Binance asks to buy their BNB coin to be eligible in their IEO launchpad! Kucoin, Okex, Huobi does too! Although A good project easily can manage a good exchange to launch their IEO but it's not free at all!

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March 27, 2020, 08:00:27 PM
 #19

They know what is right for them and they actually know also how to generate money from their investors. And the bad thing is that they make a foolish thing towards their investors and leave nothing. They probably not thinking about being listed to known exchanges coz they know it needs a huge amount of money. Unless, if they are really serious about their project.

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March 27, 2020, 08:10:31 PM
 #20

Any good performing or prospective project will be recognized by good exchanges and won't even have any thought of going to these kinds of exchange. Majority of new projects don't really have investors that's why they to to these exchange.

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