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Author Topic: Not all new project team can afford top exchanges  (Read 1719 times)
Apostlekin$$$
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June 15, 2020, 08:27:30 PM
 #21

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.
That's not so true, new projects are still using binance IEO launchpad, it depends on how good the project is, for binance exchange it's not always about having the money, the project must reach binance exchange taste to get listed too.

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June 15, 2020, 08:49:32 PM
 #22

That's right IEO projects must be in the top exchanges if want to succeed, but it's not easy to enter the top exchanges. There are several
conditions that must be fulfilled, so only certain IEO projects can enter the top exchanges. That's a very good thing, so it makes it easy
for investors in choosing good IEO projects. I have several times invested new projects in binance exchange and most of them are profitable.
This proves that IEO projects in the top exchanges are indeed good.

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June 15, 2020, 08:59:08 PM
 #23

We have exchanges with reputation and yet not a top exchange. If a project is sincere, they will attract a good community by their innovation and not trying to bring in another shit project to the market.

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June 15, 2020, 09:07:11 PM
 #24

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
Any references for your list? How much fee these exchanges are charging for listing out a new coin/token with them? Moreover, I have never heard of hoo and probit in your above list. It is just a news that IEO is happening on these exchanges as well? When these exchanges themselves not popular enough how they keep attracting investors for their IEO? Probably they might be having good userbase but not having the trading pairs I usually to trade with could be one of the reason why I am seeing most of these exchanges as unknown Cool.
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June 15, 2020, 10:29:36 PM
 #25

That's right IEO projects must be in the top exchanges if want to succeed, but it's not easy to enter the top exchanges. There are several
conditions that must be fulfilled, so only certain IEO projects can enter the top exchanges. That's a very good thing, so it makes it easy
for investors in choosing good IEO projects. I have several times invested new projects in binance exchange and most of them are profitable.
This proves that IEO projects in the top exchanges are indeed good.
and for that, I only invest in IEO held in binance because for other exchanges I see more that fail / just throw money away. especially those who do IEO on a small exchange

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June 15, 2020, 10:38:30 PM
 #26

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
As long as that was reporting the real volume and that will always good for a new exchange site. Probit is a bad exchange and in this tier hoo is the best exchange site and then kucoin was also following it after hoo.
I personally prefer to list a new token into the small exchange like hoo. A new projects think for a tice to spend million dollars for major exchange site.

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June 15, 2020, 10:49:40 PM
 #27

Why don't you try to get a partnership that can support funds for your project? I think it is a good way to get another source of funds. it is much better than you provide IEO on an exchange with a bad reputation. You must be careful to choose an exchange for IEO. If you choose the wrong exchange, then it leads to a lack of interest from people to buy your coins/tokens. Finally, you cannot meet the target if there is a lack of interest, unless just damage your project reputation and wasting your time.

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June 15, 2020, 10:57:37 PM
 #28

2. Probit exchange


Probit exchange is indeed one of the exchanges that often does IEO. Although not all IEOs can succeed, but most have succeeded in generating large funds. And for the price it depends on the project concerned. Until now, probit exchange is still doing IEO.

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June 15, 2020, 11:05:12 PM
 #29

And that brought them to list for small exchanges and low market volume and that also brought the project to be ignored by investors and traders and soon to become dead. Getting listed into known and reputable exchanges is somewhat expensive at this time but as an owner of the project and wanting to succeed, they would likely proceed even though it cost high. Besides, they could also have a huge benefit from it as a return.
That makes sense if we don't think about having of huge expenses if we are aiming for a profitable market, it is much important is to keep alive all the time.
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June 15, 2020, 11:05:42 PM
 #30

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?


In short term, yes, because most investors in IEO now are short term investors, so they will only invest on projects that are going to be listed in big exchanges after the IEO so they can ensure profit, that's the problem, the way how people see the project makes the project fail.

However, if the altcoins market will return to its bullish status, I think that will pave the way for altcoins to grow even if not listed in big exchanges as long as the exchange is legit and reputable.

The only solution to this is more regulation, so scam IEO will not exist anymore.

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June 15, 2020, 11:14:56 PM
 #31

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?


In short term, yes, because most investors in IEO now are short term investors, so they will only invest on projects that are going to be listed in big exchanges after the IEO so they can ensure profit, that's the problem, the way how people see the project makes the project fail.

However, if the altcoins market will return to its bullish status, I think that will pave the way for altcoins to grow even if not listed in big exchanges as long as the exchange is legit and reputable.

The only solution to this is more regulation, so scam IEO will not exist anymore.
Paving way for regulation could be good, but where would it be coming from? Will it be fro the government, such as their own financial regulatory body? or it will come from a privately voted body, under the umbrella of cryptocurrency and blockchain technology? Which is centralization vs decentralization?
I think this has been a thing of controversy for quite some time now.
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June 15, 2020, 11:23:48 PM
 #32

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?


In short term, yes, because most investors in IEO now are short term investors, so they will only invest on projects that are going to be listed in big exchanges after the IEO so they can ensure profit, that's the problem, the way how people see the project makes the project fail.

However, if the altcoins market will return to its bullish status, I think that will pave the way for altcoins to grow even if not listed in big exchanges as long as the exchange is legit and reputable.

The only solution to this is more regulation, so scam IEO will not exist anymore.

Hard to implement the regulation part as no central authority is managing the crypto projects. And I don't see any governing body anytime soon. This is the reason why scammers are everywhere because they found this as a good breeding ground to rip money from the users without being responsible about it. So if a project can't afford to be included in the launchpads of top exchanges, just tap private investors and pitch your project to them. Because if you believe that you have a great and promising project, they will see your potential and might give you the funds that you need.
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June 15, 2020, 11:27:18 PM
 #33

~
In short term, yes, because most investors in IEO now are short term investors, so they will only invest on projects that are going to be listed in big exchanges after the IEO so they can ensure profit, that's the problem, the way how people see the project makes the project fail.
This is the same situation we had in the ICO market, most of the investors are here for the profits and not investing because they have a novel idea that could change the world and that is what we are seeing with the IEO market as people could not really trust holding these investment in the long term.

However, if the altcoins market will return to its bullish status, I think that will pave the way for altcoins to grow even if not listed in big exchanges as long as the exchange is legit and reputable.

The only solution to this is more regulation, so scam IEO will not exist anymore.
Regulation will help in eradicating the scams but it will not help in changing the mentality of the investors.

@OP If you have a project that is really going to make a sustainable business then people will invest in it and thereby will have the chance to list in top exchanges.
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June 15, 2020, 11:28:41 PM
 #34

Yes, not all of them, that is why they need good marketing to find good and trusted partners or private firms to support or fund them along with their journey enable them to launch an IEO on a decent exchange. Launching an IEO on a sh*t exchange will not make things successful, not attractive to investors and it will worsen the situation and not good for the projects. Most probably it will fail if they launch on not well-known exchanges.
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June 15, 2020, 11:32:25 PM
 #35

Why don't you try to get a partnership that can support funds for your project? I think it is a good way to get another source of funds. it is much better than you provide IEO on an exchange with a bad reputation. You must be careful to choose an exchange for IEO. If you choose the wrong exchange, then it leads to a lack of interest from people to buy your coins/tokens. Finally, you cannot meet the target if there is a lack of interest, unless just damage your project reputation and wasting your time.
That's the main reason why low volume exchange can stay strong for a long time. People are losing interest when projects need huge funds for development. Partnership should be big or either it could be the same effect of low volume exchange. Now I think the best part of the project is "project plans or types". If any project idea is good, then it can easily make good partnerships and exchanges for IEO.
I think you have to be careful because a lot of scam cases occur from good projects. For example, a good platform that scams is a case of exchanging BCNEX, they have very good project plans, but now they are scamming and making lots of people losers because they cannot withdraw assets from the BCNEX exchange.
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June 16, 2020, 01:53:42 AM
 #36

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?
We don't need a new method!
It all depends on the project, if the project is good even though he does not have the funds to hold an IEO in a big exchange, it will not be a problem.
Big exchanges usually free the listing fees and fees for IEO if the project is really good.
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June 16, 2020, 03:13:20 AM
 #37

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?
We don't need a new method!
It all depends on the project, if the project is good even though he does not have the funds to hold an IEO in a big exchange, it will not be a problem.
Big exchanges usually free the listing fees and fees for IEO if the project is really good.
I'm not sure if it's done by a big exchange. except for large projects or have been registered in several large markets first. they take into account the costs of being able to register and do an IEO on their exchange. nothing is for free. but if you can mention there is an exchange like that you can share it with others.
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June 16, 2020, 03:41:36 AM
 #38

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?
We don't need a new method!
It all depends on the project, if the project is good even though he does not have the funds to hold an IEO in a big exchange, it will not be a problem.
Big exchanges usually free the listing fees and fees for IEO if the project is really good.
I'm not sure if it's done by a big exchange. except for large projects or have been registered in several large markets first. they take into account the costs of being able to register and do an IEO on their exchange. nothing is for free. but if you can mention there is an exchange like that you can share it with others.

lol yeah , i paused a bit when i read he said free . how come is that possible  ? if listing on exchange is free then anyone can be listed on it and exchange will be bloated that much  .  good or bad projects both have no exception but they still must pay because creating and growing an exchange isnt also easy and cheap  plus exchange reputation is also at stake here  .   not all can afford listing on top exchange so its up to them if they need to collect more money and try again or choose lower quality exchange that have a cheap listing fee  .
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June 16, 2020, 03:51:00 AM
 #39

The choosing of the exchange is a key factor that a project can survive a lot of time but I think the project viability in the long run will ultimately decide the project establishment. So, every team should come with a challenging project for their money pool in ICO or the IEO. If they are listing their coin within the reasonable time period then it will grab the investors faith. So, not look at the big exchanges only but you should have to work towards making your project better.
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June 16, 2020, 03:58:16 AM
 #40

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?
We don't need a new method!
It all depends on the project, if the project is good even though he does not have the funds to hold an IEO in a big exchange, it will not be a problem.
Big exchanges usually free the listing fees and fees for IEO if the project is really good.
I'm not sure if it's done by a big exchange. except for large projects or have been registered in several large markets first. they take into account the costs of being able to register and do an IEO on their exchange. nothing is for free. but if you can mention there is an exchange like that you can share it with others.

lol yeah , i paused a bit when i read he said free . how come is that possible  ? if listing on exchange is free then anyone can be listed on it and exchange will be bloated that much  .  good or bad projects both have no exception but they still must pay because creating and growing an exchange isnt also easy and cheap  plus exchange reputation is also at stake here  .   not all can afford listing on top exchange so its up to them if they need to collect more money and try again or choose lower quality exchange that have a cheap listing fee  .
it is an option for projects that do not have a lot of development funds to be listed on large exchanges. but most projects like that, will not be able to develop long in the market. when their markets are not strong, they will die soon because many people leave their markets.
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