New projects willing choosing bad exchanges?

[JHORN]

What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays? Every single IEO I see or should I say 90% of new projects are choosing these exchanges for fund raising even when they know there chance are slim....I don't just get it, are they willing choosing these exchanges?

[Rodeo02]

What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays? Every single IEO I see or should I say 90% of new projects are choosing these exchanges for fund raising even when they know there chance are slim....I don't just get it, are they willing choosing these exchanges?

I think they don't have enough budget to list their  coins in popular exchange like binance or kucoin to make an IEO.

While those exchange you mention only ask for lower fees and exchange will not review their project before they can be listed on it ,unlike popular exchange that they are also reviewing  every project before giving a signal to be listed.

[Jawhead999]

Probably it's because they don't know P2PB2B, Vindax,  Latoken, etc are bad exchanges, hard to get listed on trusted exchanges, or they doesn't have enough budget to do it.

Every project is always want to get listed on top and trusted exchanges (e.g. Binance), but it's hard to get approved. I don't think if they doesn't know the good exchanges and only listed on random unknown exchanges.

[patz22]

Agreed with the statement above, they got no budget since they are planning to get funds having venture capitalism on those exchanges and that is the hard part as they will pay using their tokens and eventually these exchanges will just use bots to sell their tokens and for sure, the tokens will just dump and nothing will happen, it will be hard for the project to gain more or even be listed on higher exchanges

[Dariusburst]

Or probably they choose those exchanges using Coinmarketcap rating? CMC still rates p2pb2b as a top exchange and that's very confusing and annoying.

Some project team don't even know the difference, they only find exchanges that won't charge them much for listing

[memed97]

What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays? Every single IEO I see or should I say 90% of new projects are choosing these exchanges for fund raising even when they know there chance are slim....I don't just get it, are they willing choosing these exchanges?

It could be because the three exchanges provide easy conditions for all projects, including new projects at this time, so developers choose the three exchanges because it is considered easier to place their tokens there and not choose other exchanges, even though the other exchange's reputation is still better than the three exchanges you mentioned.

[blue Snow]

What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays? Every single IEO I see or should I say 90% of new projects are choosing these exchanges for fund raising even when they know there chance are slim....I don't just get it, are they willing choosing these exchanges?

because those exchange easily to listing they token without hard agreement. and those exchanges don't need much btc to get listing, you only need send some token to the owner, then bump token listed with dump.

[bayudndy]

Because they are weak and bullshit projects. They do not have enough budget to list at the major exchanges in this market. And they also do not meet the quality of the project, most bounty implementation projects will list at the bullshit exchange as you have listed in the article.

[jossiel]

They are because they have chosen it already. There's a factor within the budget and seriousness of the project. If the project is serious, they'll use a huge portion of their entire sale paying a good exchange to pay for the listing.

But some projects have formulated this so the others are just following their style of milking money from their investors. An exchange doesn't matter anymore for them because as long as it's tradable and there's what they call listing on any random exchange, they are good with it already.

[Anonylz]

Perhaps that's what they can afford bro! I hope you know that most top to mid range exchange cost a lot of money, and as a new project starting up, it is not advisable to spend all funds to list on exchange, when they don't have so much fund to throw around, this is expected,
Development of project also requires money, so the team have to be very prudent in spending in other to meet up with project management and development.

[SyndicateLabs]

If they only list at small exchanges, then I think they do not have enough budget to develop the project. It is only the first step of the project, if their project is still developing, I believe they will soon be listed at larger exchanges when there is sufficient capital.

[Zotak337]

What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays? Every single IEO I see or should I say 90% of new projects are choosing these exchanges for fund raising even when they know there chance are slim....I don't just get it, are they willing choosing these exchanges?

The reason why new projects use small exchanges is lack of funds, they can't afford going top exchanges so they have to take risks, honestly building projects is not for everybody, people invest in projects which leads to success fundraising, that's the main reason everyone are creating projects this days

[CryptoTech_]

What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays? Every single IEO I see or should I say 90% of new projects are choosing these exchanges for fund raising even when they know there chance are slim....I don't just get it, are they willing choosing these exchanges?

Projects that hold IEOs in bad exchange usually don't care about investors. They are only concerned with money, they see that they can hold an IEO at a low cost, so they will do it whether they succeed or not.

[blue_hurricanger]

Because they know quite well their project's size and budget got no chance to get on the big exchanges. If they play their card right, they don't need to go IEO on big exchanges to become a success. As long as there no hiccup and problems on the IEO exchange, slim chance or big chance depends on project too.

[hushpupppy]

What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays? Every single IEO I see or should I say 90% of new projects are choosing these exchanges for fund raising even when they know there chance are slim....I don't just get it, are they willing choosing these exchanges?

Most of the times, its not always the faults of projects; when you have limited funds, and limited options
The best you can do is to choose the most favorable options and hope for the best, because eventually; everything in this space is a big risk.

So as community members, support the projects choices and hope for the best too, but then do your own research.

[tbct_mt2]

There are some reasons and we can not subjectively say why owners of those projects do so. Let's go through some likely reasons:
- Owners simply don't know those exchanges are bad ones.
- Owners have limited funds and want to get listed on exchanges ASAP with as lowest listing fees or totally free as possible.
- Owners only want to get listed on exchanges to run their pumps and dumps, then run away with their scam projects.
In the past, we have some exchanges for that purpose, Crypto Bridge, ie. which ended as a scam one, months ago.
Newbies - Read before using exchanges or investing

[joshua123]

What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays? Every single IEO I see or should I say 90% of new projects are choosing these exchanges for fund raising even when they know there chance are slim....I don't just get it, are they willing choosing these exchanges?

Its not that they dont know the shittiness of these exchanges but they are really does not have much choice. They knew that if they settle for a bigger exchange and they will not be listed. The payment here is already expensive for new projects what more on those big markets like Binance and Okex? How do you think their chances will go? Those market does not simply list any project out there. As much as they wanted too.

[Apostlekin$$$]

What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays? Every single IEO I see or should I say 90% of new projects are choosing these exchanges for fund raising even when they know there chance are slim....I don't just get it, are they willing choosing these exchanges?

1. Some devs don't have enough funds to list on top exchanges
2. Some devs don't even know the difference between good or bad exchanges
3. Some devs believe that going small exchanges for starter is the best and as time goes on they climb up to better exchanges

[Barbut]

New projects are forced to accept any offer to be listed on any exchange, only if they are lucky to have that offers, usually exchanges ask for money! The bigger exchange asks for more money, and team is in the problem, they don't have money to pay to be listed in a good exchange, there are no offers, hunters ask every day about listing on any exchange, just to sell. My opinion is that it's better for a team to wait for the project to be developed, only then to get listed.

[Divinespark]

To be listed at major exchanges, Exchange will require a lot of things from the project. And those projects need to prove they're eligible to be selected and in addition they need to pay large sums to be listed. But for small exchanges, they can list there for free