Chuky92
Copper Member
Jr. Member
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Activity: 966
Merit: 5
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May 20, 2020, 10:25:16 AM |
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This now shows that not even a good exchange can help a project whose team aren't ready to work, that is, whether the IEO is on top exchanges or not, if the team aren't putting in enough work their project value will continue to drop. In the same way, it also shows that good projects are being helped by good exchanges thus resulting in even more valuable platform. Lastly, it also shows two very important things, one is, IEO on good exchanges are worth it and also it makes sense to invest in good project's IEO.
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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el kaka22
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Activity: 3514
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
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May 20, 2020, 05:41:54 PM |
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What were people really expected? I mean you are giving people millions of dollars for a coin they created from their minds, you would think that would lead to something nice? Of course, it lead to prices going down. Why? Because people PAID for that coin and they want to make it back, and when they see it going down they think "oh great another one" and they end up selling it.
At the end of the day do not really get yourself into any IEO or ICO, there are good enough coins without a team that got paid millions from you, look at bitcoin, ethereum, litecoin, dash, monero, even bitcoin cash which I hate is at least self funded. If you have to pay for a coin to exist from your own pocket, that is not a coin I would touch at all, not even a single dollar investment.
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J1mb0
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May 20, 2020, 06:07:38 PM |
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Good info, it's one of the reasons why I think it's not good to buy coins before listing, though if you re looking for insta profits IEO works the project use binance kucoin or gate and few others but for long term holders it's better to wait, coins will surely drop or get cheaper at one point
Actually IEO is no different from ICO except that it is listed on one transaction. At the moment, people are not too excited about IEO and IEOs are having difficulty attracting investors. Buying IEO before it is listed is a bad choice at the moment. |
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qazgroup
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Activity: 1022
Merit: 20
RiveMont
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May 20, 2020, 06:33:18 PM |
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 - Majority of the exchanges have complete number of their projects under IEO price. - Most of the projects are under IEO price with very few that are holding above. - Source: Twitter.com/thedaomaker I still think it is massive improvement because ICOs were just scamming and looting people, i know there were legit icos as well but with IEOs and reputation of exchnages and ieo launchpad's at stake they try to list only quality lrojects that has resulted in improving the market scenario and i think we will start picking up from here and this will prove to be markets natural system to filter out fake or scam projects. |
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key4co.in
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May 20, 2020, 06:50:45 PM |
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Some coins/tokens on the image posted by OP are not below IEO price as claimed. For instance TOKO (Tokoin) logo is under kucoin as below IEO price but that coin did pretty well. I think some changes need to be done on that image, even though some of the compilations are correct.
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retnoanjani
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May 20, 2020, 11:06:16 PM |
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The graph is indeed good, but it would be nice if given a date when the chart was made. We know the cryptocurrency market is very volatile, right? so that the data can change at any time. For example, TOKOIN which did IEO at KUCOIN had passed the IEO price on first-day trading, https://t.me/ico_analytic/1142Some coins/tokens on the image posted by OP are not below IEO price as claimed. For instance TOKO (Tokoin) logo is under kucoin as below IEO price but that coin did pretty well. I think some changes need to be done on that image, even though some of the compilations are correct.
Right, that is why I suggest that you give a date when the picture was made  |
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pakhitheboss
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May 20, 2020, 11:22:56 PM |
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Good to know information.
This show how the hype of IEO is diminishing rapidly. Launching a project through IEO might be good for the startup but not for the investors. There are names of major exchange in the infographic image.
Like ICO the era of IEO is now coming to an end. What next? We have to wait and watch.
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lobo13hf
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May 21, 2020, 07:26:34 AM |
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Good to know information.
This show how the hype of IEO is diminishing rapidly. Launching a project through IEO might be good for the startup but not for the investors. There are names of major exchange in the infographic image.
Like ICO the era of IEO is now coming to an end. What next? We have to wait and watch.
There was no long term investors in IEO but almost all of people who have invested on IEO aimed for the short term return that they can get it after the trade activity has already opened. As long as IEO is still backed by a big platform and it will never end for sure. |
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Gate.io | | |
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Byakuga
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Activity: 518
Merit: 28
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May 21, 2020, 09:51:23 AM |
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These projects have their use cases, just because they are underpriced doesn't mean they are bad projects, it doesn't make sense for volatile coins to stay stable, they will rise and fall, only scam or bad projects are bad investments
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skeleto88
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Activity: 224
Merit: 10
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May 21, 2020, 10:07:51 AM |
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That means that the most successful IEO platforms are Binance and OKEX. Good to know, when you decide to participate in some IEOs sale. But now it is pretty difficult to judge it because the whole market is down.
It is not a surprised at all since they are the consensus top ranked exchnages in the crypto market today. They are 1 and 2 respectively so expect them to dominate in any of the category but still good to see some exchanges getting atleast a little bit of attentions from up and starting projects to hold their IEO into and have their successful run. |
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michellee
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May 21, 2020, 02:18:04 PM |
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Once one exchange success to raise funds in their site, the other exchanges will follow their step to gain the profit. It is normal because money is something that smells good, and it attracts many people to search in many ways, including with the exchanges. So maybe in the future, there will be other exchanges will do the same as what the exchanges on those images did because the other exchanges want to make money from the projects. It looks like IEO's still a legit way to make money for the exchanges  |
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r32godzilla
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May 21, 2020, 02:47:37 PM |
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The time when all ICOs, IEOs were profitable is gone, it is mainly because we realize that these newcomers can´t provide killer-app blockchain technology, they have only good looking whitepapers without any working MVP. But even that, still they raise more money than classic startups on Seedinvest.
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