coupable
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July 27, 2020, 07:11:58 PM |
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what more can a project team want?
Simple answer: not to focus only on the coin developement. The coin should be backed by a strong vision, who must lead to provide the product in a reasonnable expected time. A strong team should also be aware that Whales and traders are not to be fully trusted from the vision of long term improvement, this is why the value of the token should be determined by its usefulness and not by the number of holders. Same thing applies to exchanges who won't really care if the project reach its goals or not, it's the main responsability of the team behind the project . I strongly agree with your statement that the traders and the whales cannot be trusted as they are capable of pumping or dumping the price to a great extent. Too much of volatility is not good for the project or the coin. Any coin could get listed on the top exchanges but the question is which coin (project) is the worthy one. Absolutely true. But i would like to add a small hint here; i said traders cannot be trusted from the vision of long term improvement. However, traders can help nring the coin to shine and encourage more people to know about it. Something like a promotion push up. Just like what happened with bitcoin which became widely used during its early age by using it in darknet to make illegal deals .
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Oppo57
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July 28, 2020, 05:37:03 AM |
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A good team is needed for the first little good project. It is true that a good project requires a certain amount of money which will determine the future. For this there is good exchange and good trading whose volume will be very high.
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Apostlekin$$$
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July 28, 2020, 06:13:15 AM |
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IEO is the best crowdfunding for new projects now, yes it's true that it's very clear to see that using top exchanges means outstanding success but there are small projects that aren't big but can't handle big exchanges fee, what's about them?
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Gunday_07
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July 28, 2020, 06:22:02 AM |
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Don't bother yourself, IEO success isn't shady so every one in crypto space knows that without top exchanges projects will thrive to raise soft cap targets, I will advice to ignore small projects that go for small exchanges because they aren't going to bring good ROI
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SacriFries11
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July 28, 2020, 02:19:04 PM |
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New project should learn from the mistakes that been created by the failure projects. Investors are fully aware of fake identity and content from the new project. Listing in a good exchange is really a huge factor in considering a high potential project. With the huge traders in exchange site, this will help to boost the price of the token. Exchange also gives too much hype if they know that the token will be listed in a good exchange site.
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Bossfidelity
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July 28, 2020, 08:33:33 PM |
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It's obvious that every project would love to list on global exchange where there would have high recognition and increase in trading volume. But the major challenge is finance, as these exchanges have high listing fee and other requirements could be very tasking to complete.
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pandanaran
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July 28, 2020, 09:11:56 PM |
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I think all that is none other than money, maybe that is the main point of the project developer itself. on the other hand it certainly relates to the development of project products, market investment and project liquidity. every serious developer certainly has great expectations from the projects they develop for the future.
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LbtalkL
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July 28, 2020, 09:20:56 PM |
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Aside from the three that you have mentioned, a projects needs a solid partnership for long term plans. If you have a reputable partner more people will invest and trust a project and it will help to build a bigger community or supporters. The other thing is a project team needs to be flexible to adapt new technologies and implement it to the project so that it will stay on track.
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Kasabus
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July 28, 2020, 09:33:22 PM |
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It's obvious that every project would love to list on global exchange where there would have high recognition and increase in trading volume. But the major challenge is finance, as these exchanges have high listing fee and other requirements could be very tasking to complete.
Not just on money concern but the project team should also see to it that this project will be very useful in the community as it creates more practical uses that will attract the interest of most investors. It's not a guarantee that if a project will be listed in a top exchange, it will surely hit its target goal. Mostly investors care about the most on it future advantages.
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crustycrab666
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July 28, 2020, 10:59:31 PM |
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Important points have been mentioned by the OP. A project that is true of high quality and seriously developing its products will surely strive to collaborate with competent companies and partners. Regarding funding, I see that there are several projects that can be successful with funding obtained internally and private sale, so when the quality is really good, it will not be difficult to attract investors. Unique Tokenomy and a truly useful and useful product would be very interesting. An innovative dev team can certainly determine the right strategy by establishing profitable partnerships with well-known companies, this can strengthen the ecosystem of the project.
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Jateng
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August 01, 2020, 12:55:16 PM |
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They will be more realistic if they choose a good exchange sites rather than exchange that have only few traders. They should provide sufficient budget to launch in a good exchange site. This is a huge advantage for them to settle the speculation about the legitimate of the project. The vision to create different strategies in the industry to have more investors that will support the project.
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bitgolden
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August 02, 2020, 04:36:04 PM |
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There are tons of coins that are listed on exchanges that neither has money for future development, nor has volume neither, sure it shows you to the whole world so the third one is definitely right but the third one doesn't result the first two. I have seen plenty of stuff even on binance that got delisted because they had like 10-20 thousand volume, do you know what a whale can do with that?
They could take a coin 100x without working too much, creating a huge hype, everyone will buy into it and they will just keep it up with the whale money they have until it reaches an organic increase in which case they will start selling. It is just way too risky for exchanges to list low volume coins. So IEO is not really a solution to anything unless you are actually a good project.
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Kvalentine
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August 02, 2020, 04:38:25 PM |
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Not all project teams will have good aim or will put focus on their projects development, this is why its good to watch projects very well and see how far the teams are willing to go before buying their coins or tokens, also the project utility has to be promising enough
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memed97
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August 02, 2020, 04:53:05 PM |
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Not all project teams will have good aim or will put focus on their projects development, this is why its good to watch projects very well and see how far the teams are willing to go before buying their coins or tokens, also the project utility has to be promising enough
Yes, in terms of choosing a project, it must be careful in seeing how far the team is willing to work in developing the project, because a project that is only developed for a short time will not last long and will not even be successful in the near future, the lazy project team is a team who only want money alone does not want progress from the project.
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blue_hurricanger
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August 02, 2020, 05:09:45 PM |
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The project team wants something right for their size even though they knew they should have gone a better, a bigger exchange but they can't. The fund is not unlimited and split to the other like dev, bounty, listing. Sure they are aiming for it but they have to settle to what they can atm.
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helloinox
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August 02, 2020, 05:35:10 PM |
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I can understand when a new project goes with low-tier exchanges. But after a time under development but there is still no talk or aiming toward a big exchange then I would rate that project very low. Project team should know going for top exchange is a logical choice for a coin to moving forward.
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AmoreJaz
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August 02, 2020, 06:43:51 PM |
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I can understand when a new project goes with low-tier exchanges. But after a time under development but there is still no talk or aiming toward a big exchange then I would rate that project very low. Project team should know going for top exchange is a logical choice for a coin to moving forward.
and that will only be possible if they have good progress in terms of their development. so one thing that a project team should wish for is more clients/users that will use their app/services. without those users that will continuously utilize their platform, the project will go dead. they need to take care those users and speaking of that, they should resolve issues faced by these customers. fast resolution of issues will keep them at bay. increase number of users will influence the coin's demand and so increase in price is at hand when that happens
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Chuky92
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August 02, 2020, 08:51:25 PM |
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It's always for the best interest of the project if they use top exchanges to raise fund, there will be better results
1. Enough money for future developments 2. High trading volumes and enough liquidity 3. Exposure to more investors and whales and even traders
what more can a project team want?
This is why I've Zero my mind that serious projects will always aim for top exchanges, the results are already clear as crystal
Having seen many projects team go the path of listing on bad exchanges I started asking myself questions as well as checking all those that took the same path, I found out they all have the same aim, which is, exit scam; that is, they know that listing on bad exchanges will kill their project but yet they will go ahead to do it and thus having the opportunity to gradually allow the project to go down and thus walking away from it. I don't actually believe that any trustworthy team can actually list on a bad exchange. How many projects listed on exchanges like P2PB2B are still working nor growing today? That answers it all, Even with low funds, there are still good exchanges to start with.
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KaratX
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August 03, 2020, 06:29:13 AM |
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I too believe that serious projects will always aim for top exchanges to raise fund and to have better investors, marketcap, volume and good liquidity, but not all small projects that use small exchanges are scam either, there are presently many small projects that's been around since 2017 and still good till today
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bitcoinisbest
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August 03, 2020, 06:35:42 AM |
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I too believe that serious projects will always aim for top exchanges to raise fund and to have better investors, marketcap, volume and good liquidity, but not all small projects that use small exchanges are scam either, there are presently many small projects that's been around since 2017 and still good till today
Some small projects could be genuine and would worth a lot than what they begin with, but for this to identify such projects its like finding a needle from haystack. So if can do that or have a great eye for details in such projects then can invest in it else can invest in the already listed coins on best exchanges and which is available at lower price at the current times.
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