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June 24, 2020, 04:43:27 AM |
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It's true that top exchanges attract more investors but if the usecase of the project is unique ,the developers can decide to use some middle class exchanges and the project will still sell out as long as it has it's purpose not just a copycat, so everyone shouldn't run to top exchanges if they can't afford it.
to be listed at the best exchange is indeed very difficult because it requires a very large capital, whereas to enter the exchange where the class is still middle is enough but the trading volume will certainly be small because usually the whales and investors prefer trading at the exchange which has a high trading volume.
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Vitalicus
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June 24, 2020, 05:04:26 AM |
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It's true that top exchanges attract more investors but if the usecase of the project is unique ,the developers can decide to use some middle class exchanges and the project will still sell out as long as it has it's purpose not just a copycat, so everyone shouldn't run to top exchanges if they can't afford it.
to be listed at the best exchange is indeed very difficult because it requires a very large capital, whereas to enter the exchange where the class is still middle is enough but the trading volume will certainly be small because usually the whales and investors prefer trading at the exchange which has a high trading volume. I agree! Not all new project can afford that. However, all of them probably will try as hard as they can to achieve that goal! Being listed on a high-trading volume Exchange (or large Exchange) helps a lot in attracting investors and participants. Therefore, I think there's no one will refuse it!
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ILScoin
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June 24, 2020, 05:21:46 AM |
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That's is why there are smaller CEX exchanges where they can list on, not a must for all projects to list on either binance or other top exchanges, there are dex exchanges with good volumes, funds raising might not be a good idea because investors might think that they are scammers, if you don't have a solid project that people will invest in or you don't have fund to finance it, it's better for such person to stay out of it so that investors will not loose money
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DDante
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June 24, 2020, 09:29:01 AM |
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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. That's why Probit is losing its reputation bit by bit, if the exchange team keeps allowing anyhow projects on their exchange the exchange will lose its rank in crypto space to other small exchanges, upbit and bithumb are marginally better than Probit exchange in terms of picking IEO projects
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Natalim
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June 24, 2020, 09:33:07 AM |
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We are seeing the reality, it's given that not all can afford to get their project listed for an IEO in top exchanges. Just like a real market, there are big projects and there are small projects, when we talk of top exchanges, that entails big money, so it's not possible all can afford. The worst case here is if investors will only judge the project in short term, then most likely they will see that projects listed in small exchange has less chance to be successful.
Maybe what we are waiting here is the altcoins season, because the last time it happened, investing in altcoins are very profitable and I don't know if we ever experience that again but I'm hoping we will.
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XCANA
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June 24, 2020, 10:17:13 AM |
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Binance charges more than 3 million dollars for a new token to be listed on binance exchange site. Some projects were raising a lot of money able to do this but the small projects can't
Really ? How do you know that? I don't think binance has ever talked about listing prices to the public, I see a few coins listing in binance and their volume is not up to 3 million dollars per day, so I think $3 million just for listing is too expensive. Binance should reconsider there ways if of a truth they use to collect such amount from heir clients during the listing, this will some how defeat the purpose of getting good projects for listing. Those projects with good prospects should be accepted and treat as such without frustrating them out of business because of huge amount involve in the listing. Binance should ensure to help good projects get listing in their exchange. This will enhance credibility and transparency in the whole process of the projects.
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tvplus006
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June 24, 2020, 11:05:59 AM |
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only good projects, have quality products and have large funds that can be listed at the top of the exchange. Such project criteria usually bring great success in the market. Project teams and project partners have a large influence on the success of a project, especially for IEO listed on the main exchange.
To get a good listing on an exchange, there are only a few options available. Either a large investor comes to the project and pays for the listing, or the team independently raises money using the bounty. This was recently done by carthusia, which after the ICO held an IEO on the Binance exchange.
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Suptiele
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June 24, 2020, 11:42:42 AM |
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ICO or IEO, the initial financing is important for the project and if it is not for them to obtain self-financing or without the need for community funding, the project will not see the light. IEO will make things more difficult for scammers, but it does not a ticket for non scamming. Therefore, you can lose your money if you trust that they are guaranteed and not just fraudsters. you should try investing.
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someone703
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June 24, 2020, 11:47:25 AM |
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It's true that top exchanges attract more investors but if the usecase of the project is unique ,the developers can decide to use some middle class exchanges and the project will still sell out as long as it has it's purpose not just a copycat, so everyone shouldn't run to top exchanges if they can't afford it.
to be listed at the best exchange is indeed very difficult because it requires a very large capital, whereas to enter the exchange where the class is still middle is enough but the trading volume will certainly be small because usually the whales and investors prefer trading at the exchange which has a high trading volume. I agree! Not all new project can afford that. However, all of them probably will try as hard as they can to achieve that goal! Being listed on a high-trading volume Exchange (or large Exchange) helps a lot in attracting investors and participants. Therefore, I think there's no one will refuse it! How can they try if the project does not have enough budget to develop? Those projects do not have any other options, they can only deploy IEO in small and medium exchanges. And it is these small exchanges that are killing new projects because investors are not interested in IEOs on this small exchange.
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bearexin
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June 25, 2020, 03:50:45 PM |
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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?
Well, you can’t have both at a time. You will have to be choosing one out of the two, either you choose ICO or IEO. Big exchanges knows what it costs them to reach that level they are now and they won’t doing anything for you for a penny, they will be charging huge for it. The good thing is that you will always see the difference between making use of the bigger exchanges and the smaller exchanges, there will always be a difference there. Although I don’t think ICOs are dead, despite all these things that have happened, you will still see lots of ICOs, and there are still good ones. By saying this, I do not mean you can go for ICO for profitable experience. It is still up to you and purely depending on your due diligence. All the projects who could not convince big exchanges, may still prefer this platform for crowdfunding; if they're having good reasons then we can support them; I guess no big mistake in that.
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aioc
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June 25, 2020, 06:29:11 PM |
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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?
That has become the sad reality that every project should accept, they will have to take a chance in ICO if they cannot afford an IEO or they cannot get in the top exchange for IEO, they will have to rely in the reputation of their project, on how the team manage to convince investors to invest even if they are running in ICO platfrom.
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witbla
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June 25, 2020, 08:57:34 PM |
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Hey. I wouldn't say that we can be talking about all altcoins at once. From my point of view, much depends on the concrete platform/token and its particular prospects. And it is important to differentiate. Because again, only own and concrete analysis allows to get an objective overview
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hwteeer
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June 25, 2020, 08:57:51 PM |
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Hey. I wouldn't say that we can be talking about all altcoins at once. From my point of view, much depends on the concrete platform/token and its particular prospects. And it is important to differentiate. Because again, only own and concrete analysis allows to get an objective overview
Afternoon. I absolutely share your views here. And talking about you, are there many promising tokens and platforms you are now following and can recommend? I only have 2 or 3 most advanced ones I am aware of, so always interesting to get a real recommendation
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witbla
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June 25, 2020, 08:58:10 PM |
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Afternoon. I absolutely share your views here. And talking about you, are there many promising tokens and platforms you are now following and can recommend? I only have 2 or 3 most advanced ones I am aware of, so always interesting to get a real recommendation
Well, the one I can definitely recommend you to have a look at is Centric token. This is entirely new standards on the field with really saturated roadmap
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hwteeer
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June 25, 2020, 08:58:26 PM |
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Well, the one I can definitely recommend you to have a look at is Centric token. This is entirely new standards on the field with really saturated roadmap
Exciting, but can you please share more details on the solution, please?
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witbla
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June 25, 2020, 08:59:20 PM |
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Exciting, but can you please share more details on the solution, please?
Of course, yes. Centric is the world's first dual-cryptocurrency payment network. Its innovative and unique concept is engineered to achieve breakthrough as a reliable form of payment. But better Google them to have a closer look
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cytpoway121
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June 25, 2020, 10:33:05 PM |
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One mistake projects of today do is that they focus too much on how much their token would worth; instead of focusing on how much value their product would bring.
If you have a good working product ;top exchange platforms would offer you a chance to list without stress and that aside, anywhere your project lists, it demands great volume.
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Helpme_please
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June 25, 2020, 11:34:15 PM |
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If you have a good working product ;top exchange platforms would offer you a chance to list without stress and that aside, anywhere your project lists, it demands great volume.
working product will be main factor that be recognation from exchange to take decision is it appropriate or not list to them. reputable exchanges now not based on how much fee they will list. for example binance , they already make statement that will not list project if have no quality although he courage to high fee.
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akitha
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June 26, 2020, 09:52:29 PM |
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this is true,.. even the project was successful they cannot afford as well to list on top exchanges due to exchange payment that is very high.. but i think even the exchange fee is high as long as the project is good its worth it
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aemma
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June 27, 2020, 09:11:03 AM |
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Issues about exchanges needs to be done right if not it will likely affect the project, hence the reason for good team. Of course not all new projects can afford starting their project on top exchanges, yet there are those who started on a smaller but good exchange before going higher. Also, I see it that projects with good ideas hardly bothers about exchanges reason is that, they always start by seeking for funds via private sale, thus having a palatable ground to seek for the exchange which will help them achieve a good IEO and in most cases their first choice isn't always top exchanges. So in other words, if the project is good, let the team start with private sale before IEO.
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