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Author Topic: Not all new project team can afford top exchanges  (Read 1677 times)
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June 16, 2020, 10:31:21 AM
 #61

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
A good usability of the project can make the exchange sites interested to listed it for free. We have seen some new projects that being listed on several exchange site without even tried to apply to be listed on these exchange sites. Good usability will attract the demand and this will build a good community

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June 16, 2020, 10:34:22 AM
 #62

There are other ease exchanges that new projects can get listed on, they have no fake volumes and their customer services are good enough, team just need to do their own research

Probit, bithumb, bigONE , upbit, etc

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June 16, 2020, 10:38:52 AM
 #63

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
Bithumb is the leading exchange in Korea, so I think it will be very difficult for new projects if they want to be IEO at this exchange. Probit will probably be a more suitable option because I find their process a lot easier
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June 16, 2020, 10:47:34 AM
 #64

So, on the one hand, it is kind of bad for the leigt hard-working projects that the fees for a listing a binance are quite high, but on the other hand it prevents most of the scam projects to get listed at a big exchange.

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June 16, 2020, 11:21:08 AM
 #65

I like the fact that not all new projects can get listed on binance or okex, it means less scam projects will have the opportunity to scam investors on these top exchanges

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June 16, 2020, 11:26:59 AM
 #66

It would have been a different story if we have less scam projects in crypto space, maybe binance and other top exchanges will give new projects the opportunity but getting listed on binance is more strict, CZ makes certain research on his own before allowing or approving new projects
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June 16, 2020, 04:17:28 PM
 #67

The best advice I can give new developers is to hunt for top exchanges, the chance of raising hard cap is high when using top exchanges to raise funds, if team or devs can't afford big exchanges they are better off not releasing the project at all
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June 16, 2020, 05:23:11 PM
 #68

New cryptocurrency projects think that they can get a huge amount of money by conducting IEO on such scam exchanges like p2pb2b, vindax, exmarkets and so on and so forth, but when the IEO of these projects comes to an end, these cryptocurrency companies are left with nothing because on such scam cryptocurrency exchanges it is impossible to achieve a good result, therefore, each company needs to somehow find money from the very beginning to conduct IEO at least on a on mid-level exchanges in order to collect at least softcap.
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June 16, 2020, 05:31:20 PM
 #69

If a particular project is a good one, then the investors as well as the bounty hunters will be looking to hold the tokens for the long term. Also, the exchanges won't be having any issues in listing the tokens in their platform. But in case of 99% of the projects, exchange listing is considered very important. And the reason is very obvious. Investors have very little faith in them.
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June 16, 2020, 05:38:18 PM
 #70

The difference between ICO and IEO is that scams have reduce significantly because during ICO there were many scam projects floating around and also now you need to have a sound idea, not just that you will go and copy another project idea and copy paste their whitepaper. I believe if your idea is sound and the project has good developers behind it, it would definitely be listed on big exchange


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June 16, 2020, 05:42:25 PM
 #71

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?
Dont mind the fee first but actually you should put up attention into these factors before
doing such step.

    A realistic business model
    Cutting-edge technologies
    A minimal viable product (MVP)
    A Token
    A strong team backing the project
    A reasonable hard cap
    Initial investors’ buzz
    A project website for marketing purpose (optional but recommended)

source: https://blog.sagipl.com/how-to-launch-a-successful-ieo/

Getting approved into your application do matter most but it do really need up into these qualities.

R


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June 16, 2020, 05:47:02 PM
 #72

There are different reasons why its good to go for top exchanges

1. Projects that go on top exchanges are easily trust by investors
2. There are more investors on top exchanges that will surely invest in your project
3. You will easily raise your hard cap target
4. Top exchanges provide all the needy, e.g volumes and enough liquidity

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June 16, 2020, 06:44:36 PM
 #73

Fact is many scam developers have no money to run their scam projects and they usually end on small exchanges like p2pb2b, some projects are so bad that they will never work out unless you don't do your research on them, I've seen many projects failed since 2018 because the team have no good plan for the project, going small exchange is bad honestly

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June 16, 2020, 07:06:16 PM
 #74

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
Projects these days apply for grants. If you have a good project which contributes so well towards the adoption of blockchain technology, to get a grant can be very easy to get. Manwhile such grant can be used to get a place on a good exchange. although, to get such a  aid, the project must have good comunity support.
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June 16, 2020, 07:50:23 PM
Last edit: June 16, 2020, 08:15:24 PM by oscarftw
 #75

The difference between ICO and IEO is that scams have reduce significantly because during ICO there were many scam projects floating around and also now you need to have a sound idea, not just that you will go and copy another project idea and copy paste their whitepaper. I believe if your idea is sound and the project has good developers behind it, it would definitely be listed on big exchange
Deserve top any exchange big ideas of any projects. If IEO reduces significant scam projects than what was the last project, which was successful by only ICO. Now low volume exchanges are helping scam people to raise funds. If slowly most coins die, then most of these low volume exchange IEO coins could die
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June 16, 2020, 08:43:12 PM
 #76

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 fee friendly exchanges out there that will charge little fee for listing IEO's are literally having small volumes and investors and this is the reason why most low capital project do raise a little amount and perform wholefully again listing on exchanges. I believe people just have to do more research about any project There're  interested in because only start-ups that with good and strong backing s survives now
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June 16, 2020, 11:42:56 PM
 #77

l think it is really more nice chance for new projects to afford top exchanges. That is why new projects which are in the top exchanges are more trusted by investors than others in small exchanges. It can help you to make something better like more investors who are interested in investing in the project. No doubt most people were damaged by ICO scam projects, but to be on the top exchanges can help you to be trusted by investors.

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Lagduf
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June 17, 2020, 01:30:27 AM
 #78

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.
Upbit conducts a price survey, their exchange is different to raise funds, and I think that is a good innovation after IEO and good for the future
Upbit has very difficult requirements compared with other exchange sites. I think bithumb is much more friendly compared with upbit. I think a small project will be so difficult to list its token in one of these exchange sites.

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judeafante
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June 17, 2020, 02:05:16 AM
 #79

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 still go for the project's potential and what it can bring to the market, going to the top exchange is a good option for a new project but if it has a hard time with the listing fee and the cost, he can opt for a much cheaper exchange while building his reputation and developing the project.

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ice18
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June 17, 2020, 02:24:23 AM
 #80

Recently I saw some new DeFi startups with no ico/ieo but has a really good price and volume on dex exchange, what a new project really need is supporters and proper marketing strategies to boost your project some others use crypto vloggers to share those projects and I think its more effective to encourage large investors to join and invest, new projects dont need top exchanges to provide more liquidity you can also use the power of dex like uniswap look at this one for example 4 days after launch on dex and has $600k yesterday https://uniswap.info/pair/0x966053ca4fca049173eb1f27e4cb168ccb794534   

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