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Author Topic: Not all new project team can afford top exchanges  (Read 1719 times)
michellee
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June 16, 2020, 03:58:43 AM
 #41

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.
If the projects want to get a list on the big exchanges, the dev needs to pay a big fee which the dev doesn't want to spend it because they still new on the market. The dev will think about make another promotion for the project to the public so they can invite more investors, and if they can get more investors, that will mean they can have more money. At that time, maybe they can ask the big exchanges to list their project on the site, and they can pay the fee.

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June 16, 2020, 04:30:34 AM
 #42

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?

The best recourse is to go through a private sale if the project is good and it succeeds to get support coming from private sectors they can proceed to go through an IEO since they already have funds that they can use to their listing, some projects are already doing this with success.

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June 16, 2020, 04:39:48 AM
 #43

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 think the issue is not just about raising funds, people will always be willing to support a genuine start up project but the trust behind the people in charge of this project is in question, raising fund is one thing, actually utilizing the funds on something meaningful is another, the easiest way for project to raise funds was through ico, but that is all water under the bridge now because the bad majority have succeeded in ruining it for the good minority,

I can not think of any other way for project to raise funds, even if new ideas will come up, it will probably meet the same faith as ico because the greedy ones will still take advantage, so whatever idea that needs to be introduced should have some level of regulations.

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June 16, 2020, 05:45:37 AM
 #44

New projects with serious team should be able to raise good money if they know what they are doing, serious team will no doubt want to keep their project alive by all means, they will be smart enough to choose a medium rated exchange instead of vindax, exmarket, sistemkoin etc
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June 16, 2020, 05:48:53 AM
 #45

I myself also use several platforms, because to sell tokens that I get from the bounty is not available in one exchange, for now I am more active using the Binance and Indodax exchange.

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June 16, 2020, 05:58:14 AM
 #46

New projects with serious team should be able to raise good money if they know what they are doing, serious team will no doubt want to keep their project alive by all means, they will be smart enough to choose a medium rated exchange instead of vindax, exmarket, sistemkoin etc
True! However, a project is listed on a top exchange doesn't mean it's good and vice versa. A project is identified good or bad all based on their plans and the way the project team follows the plan! I'm now more interested in finding what a project plan is and how the team works than finding which exchange their token will be listed!!

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June 16, 2020, 06:13:42 AM
 #47

If the project use cases are good enough top exchanges like binance won't decline their proposal, binance exchange is very serious with which ever project they will allow on their exchange, if your project isn't good enough they will decline.

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June 16, 2020, 06:16:27 AM
 #48

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 think this is case to case basis. However the result is astonishingly accurate. Most project listed on smaller IEO platform got rekt as investors are keep losing compared to bigger market such as Binance and Kucoin who enjoy the ROI of every projects that got listed. On the contrary, investors are leaving after the profits has been secured proven when you check their price months from now. Only few got retain their previous price.

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June 16, 2020, 06:25:59 AM
 #49

There is a big differences between "all new projects" and "all good projects".

I mean that we never need to worry on all new projects and at the same time good projects will raise enough funds to pay fee for exchanges.

So, system already working in right manner. If a project fails to convince investors then it may need to get listed only on low ranked exchanges. But, I have seen in the times of peak ICO days, even the projects which had met hard cap, listing their tokens/coins into unknown exchanges or new exchanges.

Moreover, many exchanges are still allowing free of cost listing after voting or recommendation by a community. So, if a new project is good and reputed in terms of convincing real-world application then definitely it will get listed in to top exchanges at possible means.
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June 16, 2020, 06:27:06 AM
 #50

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
These exchanges are still fair enough, some projects will manage to raise fund successfully on these exchanges, a day ago Oikos DeFi project sold out all three rounds of IEO on hoo exchange, its all about how good the project is

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June 16, 2020, 06:31:28 AM
 #51

Big exchanges usually free the listing fees and fees for IEO if the project is really good.
where did you get this information? give me an example of a project that is free listing and free IEO on the top exchange because I've never heard of this before

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June 16, 2020, 06:39:29 AM
 #52

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?

IMO, there is not much change.
ICO or IEO is almost the same.

Yes, they might be using exchange for proof of their existence but once it failed the same goes for investors buying all those coins.
They will go down with them.
Expense is one of the problem here. Top exchange are expensive and agreement might be too big like 50-50 for all the sold coins.
Which is why they won't agree with it.
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June 16, 2020, 06:47:52 AM
 #53

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

Binance has a positive reputation for conducting IEO. If you compare their performance on the success of IEO with other exchanges, it is impossible to find a competitor for them. Therefore, every team that wants to get to the top should spend their IEO on the Binance exchange.

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June 16, 2020, 06:52:07 AM
 #54

You shouldnt launch a project if you dont have money for normal IEO. IEO on shitty exchange will give you nothing and it will be only wasting time
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June 16, 2020, 07:04:34 AM
 #55

raising new funds will only make investors think that the team of the project is not professional. however, it is only a matter of readiness. preparation before doing IEO, consideration of list costs at the top exchange, and others are strategies that need to be developed before doing IEO Well, many IEO fail because they only sell on one exchange, and the exchange is not popular.

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June 16, 2020, 07:13:48 AM
 #56

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  .
Listing can be free if the project is really good, it's real.
Haven't you ever seen a big exchange do it ?

https://www.binance.com/en/support/articles/360038151092

Now it was only the turn of the developers to compete to make the project interesting and to be looked at by large exchanges.

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June 16, 2020, 07:26:36 AM
 #57

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  .
Listing can be free if the project is really good, it's real.
Haven't you ever seen a big exchange do it ?

https://www.binance.com/en/support/articles/360038151092

Now it was only the turn of the developers to compete to make the project interesting and to be looked at by large exchanges.
Free listing depends on majority votes, it's not as easy as you said, the project must have enough supporters that will be ready to rank up the project through voting system on binance exchange and this vote listing isn't available every time, you can't expect all new projects to aim for free listing
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June 16, 2020, 07:49:05 AM
 #58

Probit is easy, good choice for new projects but honestly better exchanges will bring better results, my advice is not to launch any project if you don't have money for better exchanges

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June 16, 2020, 07:52:18 AM
 #59

Listing can be free if the project is really good, it's real.
Haven't you ever seen a big exchange do it ?

https://www.binance.com/en/support/articles/360038151092

Now it was only the turn of the developers to compete to make the project interesting and to be looked at by large exchanges.
Actually, this is very strange information about a free listing of a project on a banner. I am sure that binance made sure the prospects of the OGN coin before starting to work with this project and in my opinion this is an exclusive solution to Binance. any free listing is fraught with bad consequences, As an example, EtherDelta or ForkDelta, where free listing leads to clogging of the entire exchange with all kinds of tokens that have no value at all. There is a lot of information on the Internet that listing on exchanges costs from $ 50,000 to a million dollars, depending on the prospects of the project itself and on the rating of the cryptocurrency exchange.
But nevertheless, if projects have good chances in the future, then there are two options for the development of events, When developers will plan listing not on the most rated exchanges, but on less significant ones, in order to gain popularity among cryptocurrency users, and only then Plan listing on the most famous exchanges. Or, initially, raise money to pay for listing on the most rated exchanges, because Business is a business and the same rules apply everywhere.
joseyphil82
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June 16, 2020, 08:24:42 AM
 #60

Sometimes is gradual process, new projects lists on small exchanges but as time goes by they list of better exchanges, all this doesn't even matter much to me, I'm much interested in very good projects with good use case, the usability is what will attract investors

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