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Author Topic: Just a wish for small projects  (Read 466 times)
disconnectme
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November 23, 2020, 11:55:08 AM
 #21

Most of these so called small projects are rubbish projects, some people think we are in 2015/2016 era, that you can just open Ann page here and talk about your idea and people will give you their money to build their idea, now you need to proof with MVP that you can develop what you are talking about. Look at YFI and UNIswap even Sushi though a fork of UNiswap, but first you need to show that people can buy into your idea


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November 23, 2020, 02:46:38 PM
 #22

Small projects don't need to pay large sum of money to list for IEO on top exchanges, the team can use Uniswap, this DEX is the best right now and it has good reviews so far, it costs nothing to list a token on Uniswap, if the so called small project ( which I don't believe in ) have a very good utility investors will have interest, slowly but surely the project will have better volumes and eventually get listed on other exchanges
Only two out of ten new projects that end up on uniswap have good volume, uniswap is not a place for new projects to start trading unless the project already have better private investors and huge hype, many projects that can't afford centralized exchanges and have no choice but to go Uniswap have very low to none volume available, it's not a good idea

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November 23, 2020, 03:08:17 PM
 #23

You should not feel worried about that. The small projects will always have room to be able to get the funds. Investors were not putting IEO as the main standard to determine their investment in the new ico but it will be the quality of ICO itself.
IEO just try to decrease the risk of investors to be scammer by scam ICO through use the service that provided by the exchange site.
If you are having a legit project and investors can come to your project easily. It's not always about how much your funds to pay the listing fees.

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November 23, 2020, 03:21:12 PM
 #24

Today IEO is a better choice than ICO as we all know it but one thing that IEO can't do right it mercy on small projects, we all know that the backbone of IEO success is top exchanges but what about small projects that can't afford top exchanges? They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?

over time small exchanges have become reliable and good enough that even small projects can be successful when they are listed.

One thing I realized in these weeks that I created an account on more than 7 different exchanges because there are altcoins that are listed on several different exchanges and forced me to have an account on these many exchanges, but what I noticed was the following:

1 - many exchanges do not have a friendly interface to trade

2 - many exchanges charge a $3 or more withdrawal fee

this means that many exchanges are not good and the number of good exchanges is so low that there is a monopoly and the rates for listing new altcoins are high or else the creator of altcoin must be someone famous enough to that the owners of the exchanges list his project


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November 23, 2020, 03:47:35 PM
 #25

Why are small projects called small if I may ask? Isn't that because they have less useful use cases? Or the team and developers are new in this space? We all have different definitions for the term small project mate, for me small projects don't always do well in the market, they lacks good utilities and their team aren't that good at what they do, they are supposed to be avoided

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November 23, 2020, 03:53:48 PM
 #26

A top exchange is like a guarantee for the success of the related project and this also includes the growth that occurs. It is time to grow because if those small projects are allowed to get the same space, investors' worries will come back and will leave the IEO space as well. As said before, this is a growing growth that should get better and there is no need to go back to the past, because that would cause chaos in the end.

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November 23, 2020, 04:00:10 PM
 #27

Today IEO is a better choice than ICO as we all know it but one thing that IEO can't do right it mercy on small projects, we all know that the backbone of IEO success is top exchanges but what about small projects that can't afford top exchanges? They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?

IEO model has offered a better opportunity to investors and projects, thus making it possible for projects which are worth it to access funding while keeping investors safe from exit scams.
You are right and there is no denying that but let me ask, most of the small projects we have come across always look towards small exchanges and after the IEO what's the fate of the investors? The fact is, all these small projects going for small exchanges, only one party wins and that's the team. Also, asking about their fate, its quite true top exchanges goes for projects which will enhance their reputation, but also there are medium exchanges which can also help small projects, but the team do not always listen to the community, they always do whatever they want and when it backfires, it all falls on the investors hence killing the project even more. The idea is very simple, when the community goes against an exchange for IEO, ask questions and know what caused it, check the success rate of IEO on the exchange and make the best decisions.

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November 23, 2020, 04:41:42 PM
 #28

Today IEO is a better choice than ICO as we all know it but one thing that IEO can't do right it mercy on small projects, we all know that the backbone of IEO success is top exchanges but what about small projects that can't afford top exchanges? They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?

Every business survives on patronage and advertisement. Alot of people buy into projects/products because of captivating adverts   even without knowing in totality what they are getting into buying the tokens. I believe by small project you mean projects without enough money to run broad advertisement on popular crypto sites and if that is the case, it will be difficult for such projects to get wealthy investors who will invest big in it. So whether IEO or not, good small projects will still survive if the setting for publicity is right. There are a lot of projects that did not have ICOs or IEOs, yet they survived and are making price appreciation.

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November 23, 2020, 04:52:01 PM
 #29

Not matter about small or big for IEO project but depend how brave developer for listing the IEO coin on bigger exchange market, maybe for small project always choose with low budget fee payment for listing on shit exchange market and have possibility with less success after IEO ended with not many investor want to try with small exchange, how if any IEO project want to list on Binance I think have many bigger investors want to buy and invest there, get most positive respond when listing on Binance and have good news for IEO coin to be success with IEO sold and have higher price after listing.

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copoyes
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November 23, 2020, 05:07:46 PM
 #30

In my opinion, the success of IEO is not only a list on the top exchanges, but rather a team handling, whether small or large if the project team has very good skills from marketing to development, the results will be good, in terms of the marketing team, can they attract large investors to support , from the development section, is it possible to pursue a product or MVP according to the roadmap and power build of the community from small to large

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November 23, 2020, 05:15:07 PM
 #31

Most of these so called small projects are rubbish projects, some people think we are in 2015/2016 era, that you can just open Ann page here and talk about your idea and people will give you their money to build their idea, now you need to proof with MVP that you can develop what you are talking about. Look at YFI and UNIswap even Sushi though a fork of UNiswap, but first you need to show that people can buy into your idea
Harsh but really true. I believe right now anyone who thinks they can spot a good small project and invest with it is more likely to get trapped in just another scam and lose his money. There are good projects being built but the ratio of scam projects overshadows the good ones and be it ICO or IEO you cannot just trust any project unless you have some personal relations or a big name is involved.

I always knew Polkadot will do good, why? Because they have Gavin Wood the same guy who I believe worked for Ethereum and has some curious history with Vitalik. Once you know a few good and trusted names are associated with projects, they have much better rate of success and I believe DOT is going to be the future.
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November 23, 2020, 05:25:58 PM
 #32

Today IEO is a better choice than ICO as we all know it but one thing that IEO can't do right it mercy on small projects, we all know that the backbone of IEO success is top exchanges but what about small projects that can't afford top exchanges? They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?
If you have a small project think big,there's no such thing as small projects if the idea is big, Bitcoin was taken for granted by so many people it started at penny but look at it now $18 k and still getting expensive, only small people will think that his project is small and will go nowhere, if the project is good even if you do private sale of ICO it's going to succeed it depends on it's use case.
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November 23, 2020, 08:40:54 PM
 #33

Whether it is a big or small project, a project is still a project, all are taking on the same process of planning and execution to get the attention of the public about their unique advertisement on something they wish to bring in to the public specially attracting investors to invest into such project. It doesn't really matter whether it is a big or small project as long as it is legible and sincere, people will see its worth and such small project can grow into a bigger one to afford the expenses needed for the listing on top exchanges. The promotion is a process for crowd funding to be able to gain decent funds to get listed into legible and with high credibility exchanges. It is not a valid reason to state that because it is a small project is that it cannot be able to get listed on top exchanges. It can as long as it is a good one for people will trust and invest on it so it can earn enough to spend money for that important thing of listing for the sake of the goodness of its investors and supporters.

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November 23, 2020, 09:11:34 PM
 #34

Today IEO is a better choice than ICO as we all know it but one thing that IEO can't do right it mercy on small projects, we all know that the backbone of IEO success is top exchanges but what about small projects that can't afford top exchanges? They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?
This is why you need to think big and make a great project because this market has a big competition so if you think you’re small then you might face problem later on if you’re already out in the market. Creating project is not a joke and its not easy, if you have a great idea on what to build then its better to look for real investors and work with the great team, every good project deserve a spot in this market.
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November 23, 2020, 09:13:18 PM
 #35

New project developers just want to make money, which is the worst thing in the crypto space.  If a developer has a vision that has the potential to lead to a successful project they can launch a fundraiser through an IEO in a small market. It's just that the developer runs out of ideas for running a crypto project so there are unclear reasons or are jealous of other successful projects.  You have to get up slowly developing the project and it takes time to convince a lot of people, it's up to you whether you want to launch IEO or ICO.
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November 23, 2020, 09:16:12 PM
 #36

There’s a lot of small projects before that was able to succeed despite of the challenges so I don’t think your success will depend on good exchanges because investors will see your worth if you’re a good one no matter what exchange you’re listed. Believe on your project, and always think big because not all project listed on top exchange are worth it, there’s a lot of way to introduce your project in the market.

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November 23, 2020, 09:18:38 PM
 #37

Top exchange is of course an important factor in IEO. I don't think there is any big or small project, all sticking to the same basic "what solution do you offer?" If you build a project with a good function, solving problems even if it's simple, I think investors will still see the prospects of the project and invest. don't just look at one factor, the quality of the project is the main thing

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November 23, 2020, 09:27:20 PM
 #38

If you can’t afford the top exchanges then at least look for good alternatives because you have to believe on your own project and don’t think that only those tokes listed on top exchanges will succeed, this is not how the market works you must compete with all your got and just have a good marketing strategy.
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November 23, 2020, 10:19:41 PM
Last edit: November 23, 2020, 11:44:28 PM by StephenJH
 #39

Merging small projects can be a smart solution for the listing on the big exchange which doesn't want to list the tokens without considerable trading volume. IMO, the exchange team is right here because the crypto exchanges make money from the trading commission. The project with low volume can offer a real working product for attracting more investors that means higher trading volume. I still remember the conversations on bounty threads of unlisted altcoins and the team members have made false promises to list their tokens on big exchanges. AFAIK, Binance has asked more than $100000 for listing one of the projects with less volume.

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November 23, 2020, 10:27:44 PM
 #40

Today IEO is a better choice than ICO as we all know it but one thing that IEO can't do right it mercy on small projects, we all know that the backbone of IEO success is top exchanges but what about small projects that can't afford top exchanges? They deserve a place in this space too, I do wish there will come a new crowdfunding solution that any small projects can afford easily, what do you think?
Now there are quite a few fund raising options available for smaller projects so i do not think they should be dependent on exchange ieo launchpad. Recently we saw many projects raising funds on decentralized platforms like uniswap, bouncer finance etc also there are many more that are under development so i think soon this dependency or struggle will be over.

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