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Author Topic: Not all new project team can afford top exchanges  (Read 1719 times)
The Funk Noobiest Dentist
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June 19, 2020, 05:33:07 PM
 #121

For new, but also existing projects, lisiting on an exchange like Binance can be way to expensive.
If, for instance, a project chooses not do do an ICO or pre-mine the likelyhood of a starting capital is slim.
And with the low volumes of money flowing through the whole of this cryptospace the last couple of years many coins will stay in this difficult situation.
Take a project like BCZ (BitcoinCZ), skillful DEV team, in front regions of development.....but little money to get to the big league of Exchanges.
Crypto as a whole should be working towards more adoption.
On the otherhand i am more for decentralized exchanges taking the lead instead of exchanges like Binance being centralized.
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June 19, 2020, 07:33:16 PM
 #122

Listing on binance is way too expensive for new projects, it will be easier for those new projects that have private investors, they can easily arrange for funds to list on top exchanges, it's just advisable to build crypto projects when you are fully ready and qualified

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June 20, 2020, 01:21:34 AM
 #123

Listing on binance is way too expensive for new projects, it will be easier for those new projects that have private investors, they can easily arrange for funds to list on top exchanges, it's just advisable to build crypto projects when you are fully ready and qualified
That's why a lot of projects are looking for alternative exchange sites to replace binance as another option. Even binance dex was also putting very strict requirements.
Major exchange sites are the things that are not so many developers can afford them instantly.

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MUG1WARA
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June 20, 2020, 07:44:35 AM
 #124

if the project is not able to do an IEO in the top exchange, the way to solve the problem is just to attract a few large investors and several large partners, I mean they have to take part in some blockchain events first, after they have enough funds they can register on a large exchange to start IEO

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June 21, 2020, 09:59:21 PM
 #125

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 really hard now for low capital start up because it all depends on the exchange you are able to afford to list your IEO on as people prefer to trust the decision of major exchanges such as binance, okex, kucoin and gate.io in choosing quality project for IEO's due to too many bad choices they've made personally when it comes to choosing project to invest in.
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June 21, 2020, 10:39:41 PM
 #126

The exchanges have become greedy middlemen. I think to list a coin at Binance you have to pay them 2 million dollars, or some ridiculous number like that. It just feels like such a waste, money that should go into the project. Bitcoin in the beginning wouldn't had been able to listed in the begining.
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June 21, 2020, 11:04:49 PM
 #127

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?

ICO, STO or IEO is just a kind of fundraising methode
and i think for now IEO is the best methode, but only if the IEO running on top exchange like binance
the issue is not with the methode, but the team because if they want to reach the cap
the team must serious with their project and bring new ideas and features to their project
i believe even they choose an ICO as their fundraising methode a lot of investors will drop their money, the key is trust  Wink
i hope someday the glory of ICO will comeback

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June 23, 2020, 12:51:24 PM
 #128

It's true that all new project team can'tt afford top exchanges because of those exchanges are so much expensive but they can launch their IEO From mid ranged exchange like Kucoin, Hitbtc, Houbi, probit. This action can increase the chance of IEO's Success
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June 23, 2020, 02:05:45 PM
 #129

The exchanges have become greedy middlemen. I think to list a coin at Binance you have to pay them 2 million dollars, or some ridiculous number like that. It just feels like such a waste, money that should go into the project. Bitcoin in the beginning wouldn't had been able to listed in the begining.
The main thing is not in the Exchange, but in the concept because if we know that even a large Exchange can only survive at the beginning, it cannot provide many benefits, so the important thing is that the main concept becomes an important point. Paying exchanges is also not cheap right now, as you mentioned

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June 23, 2020, 02:24:21 PM
 #130

It's true that all new project team can'tt afford top exchanges because of those exchanges are so much expensive but they can launch their IEO From mid ranged exchange like Kucoin, Hitbtc, Houbi, probit. This action can increase the chance of IEO's Success
Of the four intermediate exchanges that you said, only Probit has received many IEO programs from new projects and the average tokens are also listed there, besides none and even just one or two projects have managed to make IEO in Kucoin, and for Hitbtc and Huobi I have never seen IEO there again.
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June 23, 2020, 02:47:55 PM
 #131

It's true that all new project team can'tt afford top exchanges because of those exchanges are so much expensive but they can launch their IEO From mid ranged exchange like Kucoin, Hitbtc, Houbi, probit. This action can increase the chance of IEO's Success
Of the four intermediate exchanges that you said, only Probit has received many IEO programs from new projects and the average tokens are also listed there, besides none and even just one or two projects have managed to make IEO in Kucoin, and for Hitbtc and Huobi I have never seen IEO there again.
probit at this moment be most favourite exchanges for new projects. most of them now listing there , and slow but sure it will influence probit reputation in cryptocurrency market. new project that want to list in best exchanges such as binance or huobi it will take long time till their team review its quality good enough or not.
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June 23, 2020, 02:53:55 PM
 #132

probit at this moment be most favourite exchanges for new projects. most of them now listing there , and slow but sure it will influence probit reputation in cryptocurrency market. new project that want to list in best exchanges such as binance or huobi it will take long time till their team review its quality good enough or not.
not a quality problem for the project. if the project is already good their problem is the cost of making a sale or listing on an exchange. lower cost is the choice. and of course, for a good project. they have to do a very tight event to boost their rapidly growing trade.
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June 23, 2020, 04:09:05 PM
 #133

probit at this moment be most favourite exchanges for new projects. most of them now listing there , and slow but sure it will influence probit reputation in cryptocurrency market. new project that want to list in best exchanges such as binance or huobi it will take long time till their team review its quality good enough or not.
not a quality problem for the project. if the project is already good their problem is the cost of making a sale or listing on an exchange. lower cost is the choice. and of course, for a good project. they have to do a very tight event to boost their rapidly growing trade.
It was their choice to choose low-cost, low-cost exchanges as long as tokens could be listed on the exchange, but strong and large projects they would continue to do their best to develop with sufficient funds they would definitely be listed on the exchange more.
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June 23, 2020, 04:59:10 PM
 #134

In my opinion, most investors choose to take part in the IEO and that too is done in large markets. Because they feel safer when they are about to spend money. As for if there are alternatives other than IEO in large markets, I think using the trusted Escrow service can be a solution.
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June 23, 2020, 05:06:15 PM
 #135

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?
Not all exchanges are unaffordable, there are both new and old exchanges that are good enough if you can't afford exchanges like binance and Okex, how about bithumb or upbit or even Probit? They are affordable and better than useless exchanges like p2pb2b

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June 23, 2020, 05:14:06 PM
 #136

In my opinion, most investors choose to take part in the IEO and that too is done in large markets. Because they feel safer when they are about to spend money. As for if there are alternatives other than IEO in large markets, I think using the trusted Escrow service can be a solution.

One advantage with IEO is that the promoters can't accumulate the funds and then vanish all of a sudden. If the project doesn't reach the soft-cap, then the funds will be returned to the investors. But the problem is that once the token gets listed, it can't give any guarantee about the continued development of the project. After the listing, the exchange doesn't have any power over the project.
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June 23, 2020, 05:49:49 PM
 #137

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?
What about if those new projects stop asking for millions of dollars when they have yet to write a single line of code? That would be a welcome change if you ask me, bitcoin the most popular coin in the market by far was created by satoshi without the need of an ico or an ieo, do you want me to believe that since then developers need millions of dollars just to make their projects when most of the time their work is based on the work already done by satoshi? I do not buy it, and many investors seems to think the same as well as the popularity of those projects has dropped considerably during the last years.
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June 23, 2020, 05:57:50 PM
 #138

In my opinion, most investors choose to take part in the IEO and that too is done in large markets. Because they feel safer when they are about to spend money. As for if there are alternatives other than IEO in large markets, I think using the trusted Escrow service can be a solution.

This is also a huge business. If IEO is listed in any big exchange, it creates a positive aspect in everyone. This is because they know that if they fail for any reason, their funds will be refunded. But the problem starts after the listing, the pump and dump game continues as the team pays more attention to the pump dump than to the development. So if team don't do development, the exchange can't have much impact after ieo.

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June 23, 2020, 08:21:06 PM
 #139

I am always of the mindset that IEO must not be on top exchanges, yes there are team who can afford it and there are others that can't, so those that cannot does it mean they should fold up their ideas? NO, rather they can go for other exchanges first. Also, the only challenge facing most projects is that they don't have any applicable use case thus when investors see them they tend to turn the other way. Which then means that, once a project have an applicable use case it can have a successful IEO on any exchange. Lastly, other exchanges that I think are friendly in terms of IEO are Probit, Bithumb and Kucoin.

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June 24, 2020, 12:49:20 AM
 #140

In my opinion, most investors choose to take part in the IEO and that too is done in large markets. Because they feel safer when they are about to spend money. As for if there are alternatives other than IEO in large markets, I think using the trusted Escrow service can be a solution.

One advantage with IEO is that the promoters can't accumulate the funds and then vanish all of a sudden. If the project doesn't reach the soft-cap, then the funds will be returned to the investors. But the problem is that once the token gets listed, it can't give any guarantee about the continued development of the project. After the listing, the exchange doesn't have any power over the project.
In some cases the amount that already raised have not returned to the investors as the exchange sites were still launching the token to be traded on the exchange site. Any platforms have its own policy and that depends on the agreement that has already created before.

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