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Author Topic: A Very Important Advice for Devs  (Read 747 times)
Shallow
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April 11, 2020, 10:08:44 AM
 #61

The bothering question is, does a good team need to think twice before choosing an exchange? What I mean in essence is, a good team knows what's good for them and since they are serious about their project they will surely go for good exchanges not this ones which have track record of scams, killing projects, pump and dump etc. It is now bad that once I see any project listing on those exchanges, I don't bother reading further or trying to know more, I kindly exit from it because i see it as a waste of time..

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Mighty_crypt
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April 11, 2020, 10:30:50 AM
 #62

OP do find time to add bitforex to the list, the exchange is a IEO killer and I do hope that devs come around to read your topic on this forum, honestly I'm starting to think that developers pick this exchanges knowing what will happen right from the start

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April 11, 2020, 11:26:24 AM
 #63

The bothering question is, does a good team need to think twice before choosing an exchange? What I mean in essence is, a good team knows what's good for them and since they are serious about their project they will surely go for good exchanges not this ones which have track record of scams, killing projects, pump and dump etc. It is now bad that once I see any project listing on those exchanges, I don't bother reading further or trying to know more, I kindly exit from it because i see it as a waste of time..
Yeah, choosing the best exchange will really matter and could also be a basis for the future of their project. Devs must have to look at which exchanges that could give them assurance and not just being get listed would be enough. Investors will never look for sure those coins that are listed to these exchanges and just simply ignored. They can't see a bright future with them but just a possible losing ends.
If devs have a good intention and certainly want to give the benefits for everyone, they shouldn't make any stupid things that could ruin their reputation.
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April 11, 2020, 11:32:05 AM
 #64

The bothering question is, does a good team need to think twice before choosing an exchange? What I mean in essence is, a good team knows what's good for them and since they are serious about their project they will surely go for good exchanges not this ones which have track record of scams, killing projects, pump and dump etc. It is now bad that once I see any project listing on those exchanges, I don't bother reading further or trying to know more, I kindly exit from it because i see it as a waste of time..
Yeah, choosing the best exchange will really matter and could also be a basis for the future of their project. Devs must have to look at which exchanges that could give them assurance and not just being get listed would be enough. Investors will never look for sure those coins that are listed to these exchanges and just simply ignored. They can't see a bright future with them but just a possible losing ends.
If devs have a good intention and certainly want to give the benefits for everyone, they shouldn't make any stupid things that could ruin their reputation.

Sometimes devs are choosing those exchanges because either of loose regulations to list a coin or the fee is very affordable to them. I think there are still other exchanges that includes in OP's list. But sometimes it is hard to provide evidence especially for those pump and dump ones, exit scams, selling their coins via discord and disappear after they got their money. Up until today, really hard to trust projects. But you can see how in depth they are, if you will find time to study their whitepaper, website, links and team members. If you will give time to check on them, you will get the notion if they are sincere or not with their platform.
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April 11, 2020, 12:00:01 PM
 #65

The bothering question is, does a good team need to think twice before choosing an exchange? What I mean in essence is, a good team knows what's good for them and since they are serious about their project they will surely go for good exchanges not this ones which have track record of scams, killing projects, pump and dump etc. It is now bad that once I see any project listing on those exchanges, I don't bother reading further or trying to know more, I kindly exit from it because i see it as a waste of time..
if projects from the early beginning say that they will conduct IEO on some kind of exchange similar to p2p2b, then I immediately understand that it is better not to work with this project and just not waste time on it. people just see that the project will be on the exchange and they will be able to quickly sell their tokens. very stupid strategy

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April 11, 2020, 01:55:41 PM
 #66

as you have said it is true that many new exchanges are fraudulent, they display invalid coin price lists and the IEO projects listed there are mostly fraudulent. especially the P2PB2B exchange. I was once deceived while trading coins there and right away I no longer believed in that bullshit exchange.

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April 11, 2020, 03:11:19 PM
 #67

Yes you have share many fake volume exchange with big dumper ways platform but remember it, a good project will never choice bad exchange. Although, a good project always want smart investors and their developer roadmap very clear.

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April 11, 2020, 03:49:08 PM
 #68

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.
I don't think founders don't understand this market. They are undoubtedly the people who know the scam exchange best, but they want to do it to achieve the roadmap they set. Bad projects will often choose these exchanges when they have collected enough money from investors. Their plan is to list there at a low price and then escape the project and continue creating another project. After all, new founders are scammers, and nobody wants their brainchild listed on scam exchanges.

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April 12, 2020, 07:38:25 PM
 #69

Honestly some coins just don't have any options but to list on these exchanges. I know exchanges themselves can be scammy and shady but at the same time they are very open arms about accepting new coins, well technically they are like that BECAUSE they are shady business' but at the same time if you are a new project and can't find any place to accept you, what are you going to do about it? So many are forced to list their coins there, many of them just accept a "donation" of certain amount and you can get listed there easily.

Every project owner would love to get listed at binance if they had the chance but only a few get to be that lucky, so I doubt it really matters to them after a while as long as they can be listed, even if it is on any exchange in this list.

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April 12, 2020, 10:40:58 PM
 #70

Honestly some coins just don't have many options but to list on these exchanges. I know exchanges themselves can be scammy and shady but at the same time they are very open arms about accepting new coins, well technically they are like that BECAUSE they are shady business' but at the same time if you are a new project and can't find any place to accept you, what are you going to do about it? So many are forced to list their coins there, many of them just accept a "donation" of a certain amount and you can get listed there easily.
Some new project does have some hard time to list their project on exchange site but the reason why this happens is because they don't seek the require help/advise because there are some good exchange site which their listing is free till now

Every project owner would love to get listed at binance if they had the chance but only a few get to be that lucky, so I doubt it really matters to them after a while as long as they can be listed, even if it is on any exchange in this list.
Getting listed on Binance totally require no luck but providing the require form/legal information and listing money but the fund part is what hinders most of the coin getting list on Binance

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April 12, 2020, 11:56:16 PM
 #71

Yes, this is very much important to do research before organizing ieo to raise funds. Fake volumes, fake users and fake data can damage fund raising goals. This is harmful for projects as well as investors.

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April 15, 2020, 02:25:04 AM
 #72

I have a technology project (technology is very good), do not want to go to a small exchange, but the funds are limited, how to break through the dilemma.
The project's mainnet is online, and the technical solution is much better than Ethereum's sharding technology.
It's just that we are all technicians. We focus on technology and have limited promotion capabilities.
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April 15, 2020, 06:45:13 AM
 #73

You are absolutely right all those projects which have conducted their IEO on these exchange totally flop and now almost maximum become a scam and the investor now don't trust on that project which IEO conducted or the projects which are conducting their IEO from these mentioned exchanges.

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April 15, 2020, 06:54:40 AM
 #74

I have a technology project (technology is very good), do not want to go to a small exchange, but the funds are limited, how to break through the dilemma.
The project's mainnet is online, and the technical solution is much better than Ethereum's sharding technology.
It's just that we are all technicians. We focus on technology and have limited promotion capabilities.
If you have a high-tech project, then the first thing you should do after forming a team and concept is promotion in the form of advertisements on several sites and on several forums to introduce your project to the general public and investors, because if you don't do something like that, don't expect your project to be known by others.

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April 15, 2020, 07:10:28 AM
 #75

The problem is most devs are desperate on promoting their project and satisfying investors' need that is why they pay to get listed even in platforms with fake volume or without reputation. This why some projects end up too soon. They focus on promotions and getting their coins/tokens in the market without focusing on the product.
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April 15, 2020, 07:13:42 AM
 #76

The problem is most devs are desperate on promoting their project and satisfying investors' need that is why they pay to get listed even in platforms with fake volume or without reputation. This why some projects end up too soon. They focus on promotions and getting their coins/tokens in the market without focusing on the product.
From my own point of view I think devs aren't stupid, they know the difference between top exchanges and low rated exchanges, if they decide to go for low exchange it means they have a plan and that plan ain't good at all since they know what will happen already

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April 15, 2020, 07:26:46 AM
 #77

Yes, this is very much important to do research before organizing ieo to raise funds. Fake volumes, fake users and fake data can damage fund raising goals. This is harmful for projects as well as investors.
Indeed, if you want your project to succeed and you're determine to meet the expectations of the investors who trust your plan then the dev/team should choose the best exchange to ensure that their effort wont be wasted. Exchanges that has fake volume will only ruin everything and make the project fail. Its a proven outcome if the dev chose to list the coins/token to a small or shady exchanges.
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May 30, 2020, 03:08:01 AM
Last edit: September 10, 2020, 03:19:28 PM by Nazmul012
 #78

I know about most the exchanges from those and had bad exprianced about them. They are full.of fake team, fake trading volume & list fake IEOs to fruad with nnocent investors. I wonder, still a lots of investors keep investing IEOs, launched by them. They should stay away from those
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May 30, 2020, 05:33:51 AM
 #79

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.

Most of these "developers" are also scammers who just seek to take those ICO/IEO money and disappear, so they are more than happy with whatever terms the exchanges have. You are right with your first point - good coins don't need to pay for listing, I'm sure Litecoin or Etherem didn't pay any exchange ever.

If you're a honest dev, then you shouldn't worry if your coin isn't listed on exchange, Bitcoin didn't have any exchanges for the first few years, people did p2p trading and it was okay. Focus on writing good code, everything else will come on its own if your code is really good.
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May 30, 2020, 09:04:42 AM
 #80

I know about most the exchanges from those and had bad exprianced about them. They are full.of fake team, fake trading volume & list fake IEOs to fruad with nnocent investors. I wonder, still a lots of investors keep investing IEOs, launched by them. They should stay away from those

I think that is because they don't have much information about the exchange, so they stay at those exchange. If they can search for more info, I don't think they will easily to get scam because they know how to choose the exchange. If we think that it is too difficult to find the exchange, maybe we don't need to join with them, and we need to find out the other exchange that can give us the chance to make money or we can join in the exchange that already recommends by other people.

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