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Author Topic: Not all new project team can afford top exchanges  (Read 1719 times)
Kotone
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June 30, 2020, 07:07:58 AM
 #201

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?
They can always go back to basic of ICOs however this is a hard way for now. As you can see this method has been hate by most investors and traders now, due to a lot of scammed projects that had happened in the past by this. But I dont think ICOs are just bad, but we can rarely see a project that will be succesful now on ICOs. The analogy of IEO is good but honest to goodness only projects with money can join top markets for this. Yes they can, but as you explained it maybe you are right, insisiting on listed IEO on low exchanges only resulted to worse one.

Yankeeruinx
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June 30, 2020, 07:21:00 AM
 #202

This problem is not just related to new projects but for existing projects too. Exchanges are a blight on the industry and the fees they think are reasonable are anything but. I have personally seen listing fees of over $1M plus wanting 10% of the coins supply it’s absolute madness. Prior to 2017 listing fees were pretty reasonable but once the ICO age hit they got extremely greedy and started charging huge fees because all these ICO projects were sat on millions of $’s so they spent massive amounts of their budgets on them. Those days are done yet exchanges haven’t got the message so are trying to find new ways to extract massive amounts of cash from projects which seems to be these IEO’s now. They don’t care about the fundamentals of a project in most cases they only care about what makes them a nice pot of cash.

For existing projects that are trying to do things properly, that didn’t have an ICO or any of that rubbish it puts them in a awkward position. Do they blown their entire budget just to secure one big exchange listing or do they use that money towards development? You would think that some people would see the nobility in a project trying to do things the proper way, the way crypto was started, through hard work and delivering products but nope that’s not the case at all. These exchanges have brainwashed people into thinking if it’s not listed there then it’s a shitcoin scam and must be avoided yet probably 90% of the projects they list have absolutely no working products. It’s sad to see how far the industry has moved away from the ideals it was built on.
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June 30, 2020, 08:54:01 AM
 #203

Indeed, IEO is already considered bad for investors because the results are no longer appropriate, many garbage projects that only want to get funding and run away do not take care of their projects anymore. But to solve this problem, actually, the only exchange that made this IEO even more professional was to filter the seeds of new project seeds that really had quality, not just for fundraising. There are still many markets now that hold IEO and many are successful as I always follow, namely Hoo Exchange, providing good profits for traders there. So hopefully investors still want to glance at IEO again at this time.
hoo exchange place in my opinion is still classified as a new exchange place, do you know that there are some exchange places that have an exchange place program and currently an exchange place that has an IEO program becomes a scam, remain vigilant when wanting to participate in IEO and make sure to participate in a place of exchange that has a good and trusted reputation.

tvplus006
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June 30, 2020, 09:45:04 AM
 #204

It seems that many don't know that top exchanges aren't always 100% a must, I knew some mid rated crypto projects that are still well developed today and they never listed on binance or okex and they are doing so fine, new projects that suffers good funds for development still have hope if the team are serious

Binance conducts monthly voting for the right to list on the exchange. Similar votes are also held on other exchanges. Therefore, if the project is really high-quality and it has an established community, then they have a real chance to get a listing even on such a top exchange as Binance.

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Jannyh
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June 30, 2020, 10:09:57 AM
 #205

Good a thing that the Era of Initial coin offering came and ended, it's after math became what people didn't want to reckon with,scam and all the rest. Now the era of initial exchange Offering came ,it rejuvenated and gave hope again, but now the problem is with some project not being able to pay up for top notch exchanges, well there are still some medium scale exchanges that could help in fund raising,the likes of probit and hoo . I think these are the two I know for now.

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June 30, 2020, 12:13:16 PM
 #206

You are right Affording big money in start to conduct IEO on big exchanges is not possible for new projects but below are few options as I have observed many new project IEO succeeded on these good reputation exchanges.
1. Hoo.exchange
2. Probit exchange
3. Upbit

yangongear
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June 30, 2020, 03:00:47 PM
 #207

You are right Affording big money in start to conduct IEO on big exchanges is not possible for new projects but below are few options as I have observed many new project IEO succeeded on these good reputation exchanges.
1. Hoo.exchange
2. Probit exchange
3. Upbit
I think your list should subtract Probit, because their liquidity is very low, and not reliable to trade. Hoo is a notable new exchange recently when they listed low-cap or mid-cap projects but very potential, and really good liquidity.
Yankeeruinx
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June 30, 2020, 07:20:15 PM
 #208

It seems that many don't know that top exchanges aren't always 100% a must, I knew some mid rated crypto projects that are still well developed today and they never listed on binance or okex and they are doing so fine, new projects that suffers good funds for development still have hope if the team are serious

Binance conducts monthly voting for the right to list on the exchange. Similar votes are also held on other exchanges. Therefore, if the project is really high-quality and it has an established community, then they have a real chance to get a listing even on such a top exchange as Binance.

This is not really true at all as it basically boils down to who can spend the most to secure the votes needed to win. It’s not a level playing field at all even though it might seem like one.
coinfinger
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June 30, 2020, 07:54:05 PM
 #209

"Not being able to afford" is literally one of the causes of not being a good project. You do not need to be a rich team to end up rich, if you are a good team, if you have good developers, if you have good designers, if you have a good marketing team, you will end up making a good profit as well, if you fail to do any of that you will not have a lot of money.

That means if you do not have a good team, maybe you should not do a project neither, people act like everyone has a right to start a new project, its not a "must", you guys know that right? If you can't, just don't. Don't start with 100 dollars and zero coding experience and just ask people around and make a fake silly coin. However if you are legit good, you will be capable of actually putting money into it and afford top exchanges.
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June 30, 2020, 08:08:26 PM
 #210

Any project with good and innovative idea's will be listing on top exchange free of charge. Binance has done this several times with good projects and if any good projects approach their exchange they do accordingly. Also, Hoo exchange list without fee if the said projects seem good or full of potentials, but those projects with speculatives potentials won't be allow in their listing on those exchanges. Moreover, many projects will raised funds  that is up to list on top exchange but won't take the advantage.
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August 01, 2020, 11:19:59 PM
Last edit: September 10, 2020, 03:13:58 PM by Nazmul012
 #211

It's difficult for all new project to listed on top exchange due to they need their raised fund to develop their project. But if new projects are launched by exchanges like yobit, p2pb2b,, then no doubt those are come to market for scam.
BitTraderCute
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August 01, 2020, 11:37:54 PM
 #212

It seems that many don't know that top exchanges aren't always 100% a must, I knew some mid rated crypto projects that are still well developed today and they never listed on binance or okex and they are doing so fine, new projects that suffers good funds for development still have hope if the team are serious
Binance conducts monthly voting for the right to list on the exchange. Similar votes are also held on other exchanges. Therefore, if the project is really high-quality and it has an established community, then they have a real chance to get a listing even on such a top exchange as Binance.
Agreed. It's difficult for all new project to listed on top exchange due to they need their raised fund to develop their project. But if new projects are launched by exchanges like yobit, p2pb2b,, then no doubt those are come to market for scam.
if this new project have good quality , i think listing in binance will not be trouble for them. binance not always talk about fee to list good project, they prefer to filtered by their self and create voting in community voting so project that choosed was supported by large community.
TomArayaSlaya
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August 01, 2020, 11:53:58 PM
 #213

Best thing is if you have a decent project then i think building it and maintaining devs is a top priority once you start gaining strength then go for Binance that will make you gain investors trust in my opinion

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