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Author Topic: The success of IEO is Exchange  (Read 2728 times)
Bitbtc8 (OP)
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April 24, 2020, 06:14:53 AM
Merited by Mighty_crypt (2), Drai (1)
 #1

The success of ICO lies in the hand of huge partnership support, huge investors and trust but since scammers canes around ICO trust was ruined but now what we have left is IEO, and I will keep repeating myself over and over for new projects that the success of an IEO is top exchanges, no matter how good your use case is, if you choose p2pb2b or vindax over Okex or binance just have it at the back of your mind that failure awaits you with 80% chance over 100%

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April 24, 2020, 06:38:11 AM
 #2

Well Creditcoin is probably my top 1 coin. BAD would come in at a second. Reason is i base my investments on who other has invested. For example creditcoin was invested in by coinbase + y combinator whild BAND was invested in by Dunamu
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April 24, 2020, 09:27:16 AM
 #3

You are very right, i equally agree that the success of any ieo projects depends solely on the type of exchanges used.

If you consider recent events, hackenai chose wrongly when it selected oceanex, the ieo crawled to perfection and only a round conducted i suppose.

The only coin that had immense success that i can remember outside kucoin, Binance and OKEx is the sero platform that happened on gateio.

Nonetheless, always dyor and ensure to pick your profits
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April 24, 2020, 09:56:33 AM
 #4

The success of ICO lies in the hand of huge partnership support, huge investors and trust but since scammers canes around ICO trust was ruined but now what we have left is IEO, and I will keep repeating myself over and over for new projects that the success of an IEO is top exchanges, no matter how good your use case is, if you choose p2pb2b or vindax over Okex or binance just have it at the back of your mind that failure awaits you with 80% chance over 100%

That is true, exchanges plays a vital role in the success of any IEO. I want to point something out and that is, the IEO mustn't be on Okex or Binance, there are other good exchanges to start IEO on such as Kucoin, Gate and so on; at least I have seen projects which had a good success on exchanges other than the ones you pointed out. Also, use case plays its role, as an exchange like Binance try its best to ensure they pick good projects; no good exchange will like to accept a bad or questionable project for IEO.

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April 24, 2020, 11:00:11 AM
 #5

The success of ICO lies in the hand of huge partnership support, huge investors and trust but since scammers canes around ICO trust was ruined but now what we have left is IEO, and I will keep repeating myself over and over for new projects that the success of an IEO is top exchanges, no matter how good your use case is, if you choose p2pb2b or vindax over Okex or binance just have it at the back of your mind that failure awaits you with 80% chance over 100%
I agree with you on some point about the crypto-exchange capacity to host the IEO campaign, the two exchange that you mentioned the OKEx and Binance is the top choices for a successful IEO because it's popular, trusted and reliable exchange in terms of users and trading volume globally and I'm sure also that Okex and Binance will not accept any fraudulent project to hold an IEO on their respective platforms.
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April 24, 2020, 11:09:04 AM
 #6

The success of ICO lies in the hand of huge partnership support, huge investors and trust but since scammers canes around ICO trust was ruined but now what we have left is IEO, and I will keep repeating myself over and over for new projects that the success of an IEO is top exchanges, no matter how good your use case is, if you choose p2pb2b or vindax over Okex or binance just have it at the back of your mind that failure awaits you with 80% chance over 100%
p2pb2b or VinDax are already bad reputation in the world of IEO, I do not understand why many IEO projects still use these two Exchange. Another Exchange that is often used by the IEO project is Exmarket, this market I think is the same as p2pb2b or VinDax, bad reputation. Yes I agree Okex and Binance are the right market to do IEO.

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April 24, 2020, 11:55:03 AM
 #7

You are correct, most of the successful ieo on the big exchanges are not better than those who have struggled to raise enough capital for the project, it's all down to how big the exchange is.

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April 24, 2020, 12:29:51 PM
 #8

This is true, but we cant blame those projects that are going there for listing. Okex and Binance are not small fishes that can be easily caught by those projects fishing rod especially if their quality has low one. The only advantage of those exchange such as Binance is people trusted them enough for investment. Have you ever invested OP on those platform such as vindax? Dont mind or even plan cause as you said you will only loss your fund instead of having profits.

Maybe they have volume but those are not sure if real and natural trading. I bet they are manipulated by the platform.



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April 24, 2020, 12:32:13 PM
 #9

Reputation of an exchange is also need to be considered before investing on the projects but its not the ultimate sign since many projects from Binance also got rekt in the log term for the investors.
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April 24, 2020, 01:15:07 PM
 #10

The success of ICO lies in the hand of huge partnership support, huge investors and trust but since scammers canes around ICO trust was ruined but now what we have left is IEO, and I will keep repeating myself over and over for new projects that the success of an IEO is top exchanges, no matter how good your use case is, if you choose p2pb2b or vindax over Okex or binance just have it at the back of your mind that failure awaits you with 80% chance over 100%
TOP exchange site has a good reputation and it's always putting a very strict verification to get eligible ICO that will be listed on the IEO launchpad that already created by exchange site.
The popularity, credibility, reputation of exchange site will actually give a huge impact to the result of IEO. I do agree with it and exchange site matters a lot to determine how succesful the project to raised the money from the public crowdsale.


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April 24, 2020, 01:17:48 PM
 #11

I agree with you, indeed the success of IEO is in the Exchange if you want IEO to be successful and the tokens have a long term, then it's better to choose a good and trusted exchange. indeed if we see lately many IOEs have chosen p2pb2b or vindax even though both exchanges have bad reputations.
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April 24, 2020, 01:22:27 PM
 #12

I agree with you, indeed the success of IEO is in the Exchange if you want IEO to be successful and the tokens have a long term, then it's better to choose a good and trusted exchange. indeed if we see lately many IOEs have chosen p2pb2b or vindax even though both exchanges have bad reputations.
I think you have to be careful when you want to participate in IEO which is held at the exchange place because many cases end up scamming and making cryptocurrency worse, like the case that is still a hit now is the BCNEX exchange place where at that time it was able to get a hardcap but currently exposed to a case and ends up a scam.
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April 24, 2020, 01:26:16 PM
 #13

Some project that wants to do IEO did not passed criteria set by these top exchanges, so they have no choice but to pick low rate exchange in the hope that they can attract investors on their project fee is also a factor, but there are exceptions where a project succeeded even if the exchange is not that popular, bounty promotion and project potential is a big help.
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April 24, 2020, 01:34:39 PM
 #14

The success of ICO lies in the hand of huge partnership support, huge investors and trust but since scammers canes around ICO trust was ruined but now what we have left is IEO, and I will keep repeating myself over and over for new projects that the success of an IEO is top exchanges, no matter how good your use case is, if you choose p2pb2b or vindax over Okex or binance just have it at the back of your mind that failure awaits you with 80% chance over 100%

Yes if you choose a scam exchange you are doomed to fail no matter how good the project is but even if the project is really good and you chose one of the best exchanges with regards to IEOs the chances of success are not hight and so far NO exchange proved a successful funds raising. I would love to see one case study with evidence proving funds were actually raised!
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April 24, 2020, 01:37:57 PM
 #15

They are trying to use cheap exchange.
I mean those who offer just a little payment for their coins to be listed.

Yeah, somehow that works. Unlike how it is with ICO's they are being beaten after they are listed. The coins just lose their value there.
Here in IEO, it is a competition of who can list their coins initially with a better exchange.
It is the other way around but as I see, more supporters do come.
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April 24, 2020, 01:46:00 PM
 #16

Isn't that the main reason why IEO exist in the first place? The projects that are being hosted are being carried by the exchange and  IEO is basically an ICO + Advertising package and raising the credibility by sacrificing some portion of funding for the exchange on top of that. Developers who blindly agree being hosted by bad exchanges are basically destroying their own project.

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Kunnu
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April 24, 2020, 01:50:45 PM
 #17

Of course a big exchange plays an important role for a successful ieo and these days this is very unfortunate to see some genuine project owners are choosing worthless exchanges for ieo which is absolutely risky for them and also for investors so it's necessary for project owners to consider on this issue before starting an ieo.
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April 24, 2020, 01:58:51 PM
 #18

Based on my personal observation, I can say that the success of IEO mostly relies on the reputation of the exchange, when it's in a bad exchange, people will not invest on it as people now are looking on the exchange where the IEO is happening.

It's like the success of altcoins relies on bitcoin... so if bitcoin will rise, people will tend to invest in altcoins as well.
When IEO in bad exchange, people will not invest, but when it's in Binance, people are very aggressive in investing.

we can take the Cartesi as a good example on why Binance makes a project successful.

https://cryptopotato.com/ieos-are-not-dead-binance-latest-cartesi-ctsi-skyrockets-400-during-its-first-hours-of-trading/

Quote
IEOs Are Not Dead: Binance Latest – Cartesi (CTSI) – Skyrockets 400% During Its First Hours Of Trading

SyndicateLabs
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April 24, 2020, 02:26:33 PM
 #19

Well Creditcoin is probably my top 1 coin. BAD would come in at a second. Reason is i base my investments on who other has invested. For example creditcoin was invested in by coinbase + y combinator whild BAND was invested in by Dunamu
What are you talking about ? Looks like you didn't read this topic and gave silly answers. Try to comment on something related to this topic, if this situation persists I think your account will be banned for spam.
Pffrt
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April 24, 2020, 02:31:27 PM
 #20

It's true but it is also true that exchange like Binance don't launch any IEO offer they get. they evaluate before listing it and also they charge a huge fee. That's why, some IEO goes with poor exchanges which result them no success at all.
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