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Topic: Beware of lying project team - page 10. (Read 945 times)

member
Activity: 1302
Merit: 25
April 27, 2020, 07:12:10 AM
#16
I've seen a project that claimed they are going binance in 2019, I can't recollect the name again, one of the project team member works for binance and that makes people believe the token is going binance but later on its all fake, binance never said anything about the project on their Twitter

That can be a market strategy to bring patronage to the project. Investors like to put money in top exchanges , also the project team would look for how to beat investors and hunters but this is bad. At the end, the project might not even list at all, becoming scam.
full member
Activity: 826
Merit: 104
April 27, 2020, 07:03:32 AM
#15
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
The information listed on the exchange needs to be kept confidential until the end. If they claim to be listed on large exchanges without confirmation from the exchanges, they are definitely fake news, and you need to stay away from the same project. They have absolutely no future and are not worthy of investment
full member
Activity: 1204
Merit: 104
April 27, 2020, 07:00:00 AM
#14
It's a tactic that they are bringing up to their advertising so that investors will buy up and the others who have been following their project. I guess this happens everywhere that they are sounding it good just for the sake of the sale and, expect that there will more of them very soon.
This is what every investor needs to understand that everything must be considered if the project is truthful, honest and genuine.
Deception still accompanies some new projects in the cryptocurrency market.  but I think that every investor should be a little smarter and if there is any statement from the team about listing on a specific exchange, then this information should always be checked.  The fact is that the administration of any rating exchange always makes an announcement about the listing of certain coins.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
April 27, 2020, 06:41:34 AM
#13
It's a tactic that they are bringing up to their advertising so that investors will buy up and the others who have been following their project. I guess this happens everywhere that they are sounding it good just for the sake of the sale and, expect that there will more of them very soon.
This is what every investor needs to understand that everything must be considered if the project is truthful, honest and genuine.
hero member
Activity: 2562
Merit: 577
April 27, 2020, 06:23:45 AM
#12
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up

I completely get you, sometimes some project mostly make reference to this big name exchange to lure investors into thinking they have the intention of listing their someday, but in reality that's not the case,
Since the hype of ico have died long ago, ieo is the only way of generating funds, project team are desperately looking for ways to make people invest in their empty project by making false claims, so yeah, very important for everyone to really watch out for such project and avoid them if necessary.
hero member
Activity: 2128
Merit: 520
April 27, 2020, 06:05:55 AM
#11
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
If it's possible to deal with  that then make an effort to communicate in order to be enlighten if the team is really working with the exchange. It's always better to do your research it will save time and your effort and in case you are also planning to invest it will lessen the chance of getting scam if the team is really doing the thing with their project in terms of adding or listing the project to a reputable exchange.
sr. member
Activity: 2030
Merit: 269
April 27, 2020, 05:53:14 AM
#10

Exchange has a NDA(Non Disclosure Agreement) terms on all the project before listing. It's there protocol to avoid price manipulation of the coin. So obviously those team who are blatantly announcing to the member that they will list soon on exchange is hoax. Unless they do IEO on that particular exchange then they will have sure listing.

90 percent of current project in altcoin section here are scam or just garbage project by incompetent team that don't have any budget for initial expenses for the development of the project. Sad but it's the reality.

So many projects are doing that they even list exchanges that they are going to be listed, these are small projects who just want to attract investors, they connect their project to exchange, people should be educated that this kind of projects are a hoax, or better if they insist ask the exchange about it, so you can verify.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
April 27, 2020, 05:07:56 AM
#9
Promises that are made to broken huh?

Some of them does want it, not realizing how much they will pay for it.
Newbies in the ICO field. Be really careful with that.
Still, I would rather let them list in some exchange and not be bankrupt into spending a lot with Binance.
There are also events where they list for free, just win the event on the top ranking of votes.
copper member
Activity: 966
Merit: 14
April 27, 2020, 05:01:51 AM
#8
If not for hype or possible exit scam, what else? Lying about getting listed on a top exchange is bad and shows that the team are not competent enough to run that project hence should be ignored and avoided. Announcing IEO listing on a top exchange is a normal thing as the project needs investors. But however, being an already listed project and spreading false information about secure listing on a top exchange when the exchange is yet to say so, is wrong; If such a thing should happen it could mean that the team have something bad up their sleeves, that is, with such news the price of the token on the first listed exchange could increase and might be a good time for the team to exit scam.
hero member
Activity: 2268
Merit: 507
April 27, 2020, 04:08:38 AM
#7
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
of course those crap projects were lying to get the hype but the majority of investors are smart enough consider about invetors will always ask the official announcement about that. Before any biggest exchange sites will try listing a coin and there will always be an official announcement from the exchange site itself through use social media account or its own blog.
full member
Activity: 1092
Merit: 101
April 27, 2020, 03:59:54 AM
#6
besides going to the top social media exchange, we can also ask them in telegram or via email, you can also visit https://community.binance.org/category/7/token-issuance-listings to find out proposals for each project that is want to list there
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 27, 2020, 03:47:41 AM
#5
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
Yes, and people who already have a lot of experience will certainly not immediately believe the claims of the project, because the exchange always provides information when new tokens enter their list, so don't be fooled because of this.
brand new
Activity: 0
Merit: 0
April 27, 2020, 03:41:47 AM
#4
You are in the right point!!  Roll Eyes Roll Eyes Roll Eyes Roll Eyes
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legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
April 27, 2020, 03:45:40 AM
#4
You can never say that. Project may promise to list on Binance after ICO, that does not mean that they had an agreement with Binance. However, a lot of projects promise in their roadmap that they will be listed in top tier exchange but fail to do so.
member
Activity: 574
Merit: 24
April 27, 2020, 03:31:55 AM
#3
I've seen a project that claimed they are going binance in 2019, I can't recollect the name again, one of the project team member works for binance and that makes people believe the token is going binance but later on its all fake, binance never said anything about the project on their Twitter
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
April 27, 2020, 03:28:22 AM
#2
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up

Exchange has a NDA(Non Disclosure Agreement) terms on all the project before listing. It's there protocol to avoid price manipulation of the coin. So obviously those team who are blatantly announcing to the member that they will list soon on exchange is hoax. Unless they do IEO on that particular exchange then they will have sure listing.

90 percent of current project in altcoin section here are scam or just garbage project by incompetent team that don't have any budget for initial expenses for the development of the project. Sad but it's the reality.
member
Activity: 518
Merit: 28
April 27, 2020, 03:21:43 AM
#1
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
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