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Topic: Beware of lying project team - page 9. (Read 928 times)

member
Activity: 854
Merit: 10
April 27, 2020, 05:57:57 PM
#34
When it is not yet time to make open the time of listing and the exchnage on which the coin is to be listed, most legit projects do not announce, except both parties, the exchnage involved and the project team, have agreed to make it public.
So, if the project team is telling the community the name of the exchange and it is legit or true, definitely, the exchange would also give information to confirm that. Sometimes, the date might also be stated. It is always good to carry out research on this, to confirm the authenticity of the information.
Sometimes, the exchnage might have also released an emblem on their exchange site, to create more awareness.
member
Activity: 576
Merit: 43
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 27, 2020, 05:27:56 PM
#33
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

Talking about a team lying to investors, it isn't only about listing on top exchanges. Oh yeah, any team announcing fake listing on a top exchange is already a red flag 🚩 for me, if I'm holding such coin, its outright dump without a second thought since its the highest level of incompetence. However, some team members will write what they know they can never accomplish or showcase products they can never develop on Whitepaper, all these are still major forms of deception to investors.
if waiting from other members to see how the project analysis might be quite long because usually the project maker will do everything possible to cover up the weaknesses of the project so that few people will realize that the project is not good when entering the exchange place.
hero member
Activity: 812
Merit: 503
April 27, 2020, 05:20:39 PM
#32
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

Talking about a team lying to investors, it isn't only about listing on top exchanges. Oh yeah, any team announcing fake listing on a top exchange is already a red flag 🚩 for me, if I'm holding such coin, its outright dump without a second thought since its the highest level of incompetence. However, some team members will write what they know they can never accomplish or showcase products they can never develop on Whitepaper, all these are still major forms of deception to investors.
sr. member
Activity: 1442
Merit: 265
April 27, 2020, 05:06:21 PM
#31
Yes, false claims like these are the easiest red flags that should stop all people from investing in such projects because the team is trying to just get your money and showing the best picture possible so that they can get ypur btc and eth and for this they lie everyday again and again but i think it is easy to spot lies and skip such projects.
full member
Activity: 1848
Merit: 158
April 27, 2020, 05:12:20 PM
#31
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.

I can agree with that. If a particular project is bragging to be listed in top exchanges like BNB or Kucoin, high chance that they are not. they are just attracting potential buyers of their coin. Check also the project's foundation, if it is crap, then I don't think Binance will accept them. But if they will hold IEO on the exchange that they are saying, then that's a different story. But I guess by now, we already know how to spot a good project, and that will help in assessing if they can indeed deliver their objectives and eventually landing on a good exchange.
member
Activity: 1540
Merit: 68
April 27, 2020, 05:02:46 PM
#30
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

You believing that a project will list on kucoin, Binance or okex is the problem not the team.

Binance has a disclaimer that only them have the right to announce listings, so you should not believe any team whatsoever

Secondly, kucoin recently failed to reward top 500 hunters of kucoin play platform by giving ridiculous terms, whats the joy in listing on kucoin?

If a project tells you A, do your research and confirm independently
sr. member
Activity: 1204
Merit: 388
April 27, 2020, 04:56:33 PM
#29
Big exchange like Binance and others always have in their agreement an NDA(Non-Disclosure Agreement), meaning they most not post about the listing except it's confirmed. Most projects that lies about big listing always end up disappointing their investors.
I think the reason for this is to not cause pump and dump because their will be a lot of tokens purchase at low price and dump.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
April 27, 2020, 04:11:12 PM
#28
many projects really talk about listing before the official announcement because they just want to attract attention. if we are talking about investments, we just need to contact the support of the exchange to confirm the information
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
April 27, 2020, 03:40:11 PM
#27
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.

I don't understand that NDA for both parties though, announcing the listing will be part of the promotion actually which means this could invite more investors and liquidity of the tokens. So why do they need to make it secret?

Cartesi wasn't announced but if it were announced, we could have bought a ton of the token back when it was in the early stage.
full member
Activity: 742
Merit: 102
Second Live
April 27, 2020, 02:45:03 PM
#26
You can't blame those projects who wants to list on top exchanges, they dreamt about it until they find out that the listing fee ain't something they are ready for or will be ready for, small projects will always have problem listing on top exchanges
They have the right to dream of listing at major exchanges. But they cannot use it to deceive investors. I have seen bullshit projects claiming they will be listed in Binance, Okex .. Those claims are unfounded and they want investors to buy their tokens so they can dump it.
legendary
Activity: 2730
Merit: 1288
April 27, 2020, 02:33:50 PM
#25
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

In a lot of cases random people that bought those coins or tokens advertise they will get listed on exchanges with hope to pump price and sell those coins and tokens with profit.
sr. member
Activity: 1701
Merit: 308
April 27, 2020, 11:50:40 AM
#24
Indeed, we find many projects that promise large markets such as binance and others that we can now rely on if they have not registered in the market then do not expect their appointments will be in the utmost because nowadays there are many projects that give hope to bounty hunters but ultimately the project is a scam.
newbie
Activity: 93
Merit: 0
April 27, 2020, 10:22:04 AM
#23
Unfair listing promises is the main red flag for me
member
Activity: 166
Merit: 10
April 27, 2020, 09:52:25 AM
#22
Fake promises are present in crypto world today that's why we need to do deep research on projects no matter how promising the project looks like, if a project is going binance it won't be a hidden news as we know it
full member
Activity: 700
Merit: 105
APESWAP
April 27, 2020, 10:07:11 AM
#22
When you see a project claiming to be listed on top exchanges after their ICO or IEO, kindly run away from such project because its pure scam. Top exchanges enter into a non disclosure agreement with project teams. The exchange itself announces such listing when everything is secured not the project. The project makes the announcement after the exchnage not before the exchnage
hero member
Activity: 3038
Merit: 628
Vave.com - Crypto Casino
April 27, 2020, 09:48:09 AM
#21
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.
Investors are becoming brighter these days and starting to notice this kind of tactic that these projects are doing. They wouldn't be confident until they see it actually being listed to those beautiful exchanges.
But as long as they are not showing any evidence that they will be there, it's a good choice to ignore them until they finally did it. A simple solution yet in this kind of investing, investors think that whoever invests first becomes the wisest and luckiest.
member
Activity: 462
Merit: 19
April 27, 2020, 09:14:31 AM
#20
You can't blame those projects who wants to list on top exchanges, they dreamt about it until they find out that the listing fee ain't something they are ready for or will be ready for, small projects will always have problem listing on top exchanges
member
Activity: 234
Merit: 10
April 27, 2020, 08:50:03 AM
#19
That's like spreading fake news. If a project did that then you better jump off the ship as soon as possible cause projects like that actively try to spread fake news and misinformation are the worse. Your time and money better off else.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
April 27, 2020, 08:45:23 AM
#18

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.

No exchange will very the future listing of a certain coin/token unless they announce it in advance themselves. There are tons of new shit exchange like coinsbit and p2pb2b which is look like really a legit exchange but in reality. They are scamming small project thru listing fee on their IEO. There exchange have a 90 percent fake volume.

I wonder when will regulation start to sue these unregulated exchange that scam people thru fake volume and wash trading.
full member
Activity: 1820
Merit: 107
April 27, 2020, 08:36:32 AM
#17
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 mate your observation is correct, back then many ICO's are using those lines "Soon to be listed ****" that was misleading. Because most of the popular cryptocurrency exchange has required the *NDA protocol or (Non-disclosure Agreement) meaning if that project is not yet confirmed to list on that exchange. Then they are not authorized to share any of such information. Because they are prohibited to disclose any information without any finality of everything.
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