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Author Topic: Not all new project team can afford top exchanges  (Read 1677 times)
Dariusburst (OP)
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June 15, 2020, 03:32:39 PM
 #1

I'm glad we have IEO for new projects to raise funds successful after ICO did lots of damages to investors trust but that's not all, I want something that can help new upcoming projects to raise funds easily, for IEO if you don't have enough money for top exchanges there is 70% chances that you will come out with a bad result...

What do you think could solve this? New Fund raising?
CashbackLover
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June 15, 2020, 03:47:55 PM
Merited by fiulpro (4), Dariusburst (1)
 #2

It's true that not all new projects can afford top exchanges but we have few exchanges that aren't that costly for IEO like binance or okex, here are some exchanges that are still good and less costly

1. Hoo.exchange
2. Probit exchange
3. Upbit
4. Bithumb

These exchanges still have good results of past IEO projects

Yudhisthir
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June 15, 2020, 05:17:23 PM
 #3

One of the reason why people are fed up of crypto fundraising projects is due to the webmasters with their dreams.
For an idea to come true, the idea only is not enough. The project should bring in experience, capital as well as dedications.
A project stated with $100 of web hosting with free domain would rarely achieve any success.

bassbity
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June 15, 2020, 05:21:06 PM
 #4

It's true that not all new projects can afford top exchanges but we have few exchanges that aren't that costly for IEO like binance or okex, here are some exchanges that are still good and less costly

1. Hoo.exchange
2. Probit exchange
3. Upbit
4. Bithumb

These exchanges still have good results of past IEO projects

Upbit and Bithumb rarely do IEO with low projects but they look for quality even Upbit and Bithumb rarely do IEO except probit and other low exchanges. Every new project they always accommodate, even though many failures occur.
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June 15, 2020, 05:29:35 PM
 #5

The reason why many of these projects failed is through their inability to have a solid team behind the project for fundraising. Imagine a project that has all the available team for it grow and those team members are expert in their various fields of life the project won't suffer any lack. A project well nature and develop will attract those top class exchange to the project and not the project attract the said top exchange.  What we have seen of recent is, many of these projects lobbing into those top exchange for more fraud.

Sourhearrt
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June 15, 2020, 05:35:48 PM
 #6

I'm satisfied with the present results from IEO fundraising, if you are serious about your project you should go for top exchanges, imagine if it's easy to go binance for IEO launchpad what do you think will happen? Scam and crappy projects will have free pass and IEO will be doomed just like ICO,..... IEO is perfect as the way it is.

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June 15, 2020, 05:42:36 PM
 #7

In this day in age if you're not able to write up a whitepaper that invokes angel investors to get things rolling you likely don't have a team that is even capable of making a crypto currency that is worth anyone's time..
Successful crypto is innovative, and if you can't package the innovation you wish to develop into an easily digestible white paper that sells your idea, as mentioned above, you have no business in this space.

Any fucking idiot can clone a coin, change the name and a few parameters and launch it, claiming it's the next bitcoin and that it will make all involved rich.. But in reality if you can't even attract investors to get you off the ground.. lol


If it's an innovative idea, money will not be an issue.. If money is an issue, it's not innovative and thus doesn't need to be made.

Stop making shitcoins, stop whining you can't afford to list your shitcoin on exchanges.


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Maxstl007
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June 15, 2020, 06:03:54 PM
 #8

Too many inexperience developers are building projects nowadays, they are here to raise fund and give less good results to investors, honestly I belief that good projects will always aim for better exchanges, that's my own believe, new projects should want the best for themselves, top exchanges is the answer
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June 15, 2020, 06:08:57 PM
Last edit: June 15, 2020, 06:52:34 PM by Lordhermes
 #9

Many Project Failed At The End Because Of Low Project Innovative Ideas. You Must Ask Yourself, Why Do Some Project Conduct IEO On Binance And Others Do Not, Is It Because They Have Less Capital?  Is It Because They don't Know Bianace Team? NO, The Big Answer Is Low Innovative Ideas,  What Can Your Project Offer Outside Crypto Market Prices,  Look At Cartesi, Look At Harmony, Look at WaziX, And Many Others, All Did IEO On Binance But Their Innovative Ideas Skyrocket The Ecosystem.
Gorosden
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June 15, 2020, 06:33:47 PM
 #10

IEO still works well, why new fundraising? Projects that failed nowadays are those that aren't well planned, to get listed for fund raising on binance the projects has to be so good that binance team will have no choice but to accept the project, the exchange team has reputation to protect and they make sure the new project is worth listing on their platform. IEO have my full support 💯

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June 15, 2020, 06:39:39 PM
 #11

Many ICOs became scam and that really left a huge factor for most investors to stop investing in it until today, it's almost not working anymore. If you think of something easy to fund for new projects, sorry to say but there's nothing as such.
Most investors are afraid to invest unless something is cleared to them. The struggle is already attached for projects that are longing for funding.

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HunterUnchained
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June 15, 2020, 06:45:13 PM
 #12

More reason why projects should always define their goals and work with those goals accordingly. If you don't really have the funds and resources to list on the bigger exchanges, there are lots of class B exchanges a project can list on and still obtain maximum reach with the proper marketing. It makes no sense for any project to outdo themselves in the short term just because they want to list on a top exchange. Listing on a top exchange is no guarantee towards ensuring project growth or price appreciation. Lots of work still need to be put in place before success can be achieved.
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June 15, 2020, 06:45:47 PM
 #13

I'm glad we have IEO for new projects to raise funds successful after ICO did lots of damages to investors trust but that's not all, I want something that can help new upcoming projects to raise funds easily, for IEO if you don't have enough money for top exchanges there is 70% chances that you will come out with a bad result...
What do you think could solve this? New Fund raising?

For a project to be successful, it requires innovative ideas and a good team who have the ability to take a project from zero to higher. The team is certainly important to make a project a success.

The days of raising funds by copying someone else's project are over. If there is an innovation in your project, then the top exchanges will look for you to do ieo. You can see Binance's IEOs, why Binance has listed them.

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June 15, 2020, 06:49:38 PM
 #14

I'm glad we have IEO for new projects to raise funds successful after ICO did lots of damages to investors trust but that's not all, I want something that can help new upcoming projects to raise funds easily, for IEO if you don't have enough money for top exchanges there is 70% chances that you will come out with a bad result...

What do you think could solve this? New Fund raising?
I am hopeful that IEO market will develop better in coming months as many middle and small scale exchanges are also developing their IEO launchpad platforms, some have already developed and started listing IEOs, i think this is not only positive but very encouraging as well because this will promote healthy competition among these launchpads and also quality of IEO based projects will also improve as launchpads will pick one IEO at a time and also they will filter each project after complete due diligence because there reputation will be at stake as well.

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June 15, 2020, 06:55:09 PM
 #15

When I saw the listing fee that Binance requires for new cryptocurrencies, so I'm no longer surprised that there are no new cryptocurrencies that are going to be listed there.

amos77978
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June 15, 2020, 07:13:23 PM
 #16

I'm glad we have IEO for new projects to raise funds successful after ICO did lots of damages to investors trust but that's not all, I want something that can help new upcoming projects to raise funds easily, for IEO if you don't have enough money for top exchanges there is 70% chances that you will come out with a bad result...

What do you think could solve this? New Fund raising?
it's not a must to use top exchanges for ieo.. if  a company cant afford big exchanges for ieo then they should simply look for alternative exchange that they can afford.. it is not a must.. to raise funds with big exchanges.. and that doesn't guarantee the success of a project in anyway
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June 15, 2020, 07:48:45 PM
 #17


Bithumb, Hotbit and Hoo exchange is listing projects without a fee but these are tokens that are considered with good potential and have increasing trading volume. It will be added to top exchanges if binance or Okex sees big profit when they are added.

To have a good number of investors the project doesn't just need to be listed on top exchanges but the project must have an innovative concept and not just because they said it is innovative while its obviously just a copy.
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June 15, 2020, 08:16:29 PM
 #18

My answer is that project dev should stop sourcing for contributors through ICO, IEO etc. If you have a really novel project, try to seek for corporation by meeting individuals and corporate organisation that can help fund your projects. Every year, grant and funds are provided globally by corporate bodies to help great ideas. If you cannot find one, you better be ready to finance your project. There are many blockchain based project that do not source for funds through ICO or IEO and they are really doing well. In fact most of them are always successful compare to hundreds project that will end up turning shit after IEO.
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June 15, 2020, 08:17:27 PM
 #19

When I saw the listing fee that Binance requires for new cryptocurrencies, so I'm no longer surprised that there are no new cryptocurrencies that are going to be listed there.

Most recently, Cartesi held its successful IEO on Binance. It is worth noting that in order to raise funds for IEO, the campaign conducted a bounty program on the forum. Thus, an ICO can be considered as a fundraiser for an IEO or for listing on an exchange.

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June 15, 2020, 08:19:03 PM
 #20

I think hoo exchange will do just fine for new projects, this new exchange has less listing fee and good IEO launchpad too, Probit is becoming a joke gradually because too many bad projects are getting listed on the exchange, hoo and bithumb will be the better choice

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