Topic: Bittrex International & IEO (Read 543 times)

Yeah because binance is supposedly showing a good example of how an IEO should be conducted (sarcasm) with pumping the price at will, according to your post, all IEO must pump in price, there is no room for dump otherwise the exchange is incapable, ieo gradually turning into a pump and dump scenario and majority seem to be okey with it, IEO will soon be worst than ico if proper measures are not taken by the exchanges.

Seems so as the previous sales were somehow flopped. Although honestly, they're the one who actually started this IEO stuff but binance was the one who made it successful specifically in a matter of some seconds.


Obviously right.

Bittrex needs to revive themselves in terms of doing IEO,  the last IEO that was done on their exchange was a big mess up no one expected such a huge dump,  I think they need to learn some stuff about IEO from Binance

I'm not a fan of Bittrex, but it seems there's a clear bias on IEO/ICO channel on Telegram for Bittrex. I don't see any channel mentioning this info, or maybe only a few of them, while the rest will attack or ridicule Bittrex quickly for their failed attempt to join the IEO ride.

Not sure if this is just a coincidence or there's a great bias on exchange in social media.

These below were the specifications of the IEO sale that ended yesterday; now you can buy and sell STP directly in the Bittrex exchange
https://international.bittrex.com/Market/Index?MarketName=BTC-STPT

Token Sale Start Time   June 11th at 14:00 UTC
Token Sale End Time   
When BI Sale Supply is reached or at the set time of June 12, 2019 at 14:00 UTC

Bittrex International Sale Supply   75,000,000 STPT 
Total Token Supply   2,000,000,000 STPT
Initial Circulating Supply   109,620,000 STPT
Token Sale Price   ~$0.01 USD (approximate; price to be set in BTC within 24 hours of the start of the IEO)
Per Account Maximum Purchase Amount   250,000 STPT  ~$2,500 USD (approximate; price to be set in BTC within 24 hours of the start of the IEO) 
Per Account Minimum Purchase Amount   1,000 STPT  ~$10 USD (approximate; price to be set in BTC within 24 hours of the start of the IEO) 
Target Raise   ~750,000 USD (approximate)
Currencies Accepted   BTC
Token Type   ERC-20
Token Distribution   Within 24 hours after IEO sale ends
Bittrex International Token Listing   June 12th at 00:00 GMT/UTC
https://bittrex.zendesk.com/hc/en-us/articles/360029091311-Initial-Exchange-Offering-Standard-Tokenization-Protocol


At the moment it seems that this is the first IEO on Bittrex that is going well, because STP sells for about x4 from the sale price.

Hi, i need some information about STP, can someone tell me about the IEO price for each STP? I saw that on icodrop if that was around 0.01 but i still feel doubt about that because in another platform the price of IEO will always differ from the price of a private sale. If that was true and it looks too risky for me to take this coin above 4x from the private sale price.  

Fourth attempt by Bittrex International and fourth proposed IEO: Standard Tokenization Protocol ( STP )

Fully verified Bittrex International users can participate in the Standard Tokenization Protocol Initial Exchange Offering (IEO) beginning at 14:00 UTC on Tuesday, June 11th.

Standard Tokenization Protocol is a smart contract that allows issuers to create and issue token offers in a regulatory manner in a large number of jurisdictions around the globe. The protocol allows the integration of international regulations to enable compliant issuance of tokenized assets and cross-jurisdictional transfers of ownership. It also allows for issuer-specific parameters such as ownership concentration, holding periods, and voting. By issuing a permissioned ERC-20 token (STPT) on the Ethereum blockchain, Standard Tokenization Protocol ensures that: 1) regulatory and issuer-specific compliance requirements included in the smart contract landscape can be captured and integrated. Standard Tokenization Protocol standard enables the tokenization of any type of asset in a globally compliant manner.




The IEO sales page of the standard token protocol, with all the details
https://international.bittrex.com/Market/Index?MarketName=BTC-STPT

https://stp.network/
https://stp.network/wp-content/uploads/2019/06/Standard-Tokenization-Protocol-Whitepaper-EN-v4-1.pdf
https://twitter.com/STP_Networks
https://t.me/STPofficial
https://www.linkedin.com/in/standard-tokenization-protocol-651b73183/
https://medium.com/@StandardTokenizationProtocol

This is always been the outcome on these kind of investment but people are taking it way too much and believing into some sort of things which isnt plausible.
IEO is the new name but it is just typically the same with ICO but having a little twist but the outcome or results when it comes to profitability would always be just the same.You cant guarantee sure profits thats why majority of them got frustrated.

Investors or do you mean speculators? Investors probably stayed away from IEOs because they knew that this was just a fancy new word for ICOs. Speculators bought and want to get immediate profit,,, this is proven when IEOs like Bittrex all dumped.

They killed themselves with the past few IEOs I think because of a lot angry people who thought IEOs were easy 10x.

Investors are looking for real results and Binance and Okex were able to deliver that. But if only the magic of Bittrex is still there like they are still the best exchange with Poloniex in these days, then they can easily make the price of their IEO 10x better when listed. But Bittrex lost it's shine and traders only see it as an old and forgotten exchange.

The market with demand and supply does the price of any currency / commodity / commodity. IEO on Binance and Okex are always in the spotlight and always get a lot of demand, which is why they make investors happy on the market.

Bittrex is obviously punished because a few months ago he canceled his first IEO without too many explanations, while with the 2, Veriblock, there was a great demand from the underwriters but it was months that it was dug by the miners, who had full bags and have sold immediately in the exchange, for days and days, without looking at the price (because their mining was 100-200 sat).

Thanks for that link dude, but after watching the thread and i was feeling if this one will have the same result as OCEAN. Im not hating about the IEO that launch on bittrex IEO but if i become someone that invested on bittrex IEO and gets 80% lost like OCEAN when others made even 10x from IEO on Okex and Binance and i will definitely stop to invest on bittrex IEO.

Again a new IEO on the Bittrex exchange and once again did not have a good response from subscribers, and once again was not rewarded by the market.

Enjoy an extraordinarily successful and award-winning mobile all-in-one platform boasting 5+ million users in over 200 countries and is tokenizing its ecosystem by launching Vodi X. Vodi X complements the already vibrant existing Vodi platform with the use of blockchain technology .


     


Offered on the Bittrex international platform 6 days ago at $ 0.01 it is on the market at about the same price, despite the positive momentum of the whole sector; a clear sign that investors still have little confidence in IEOs, particularly those promoted by Bittrex.


https://vodix.io/
https://bittrex.zendesk.com/hc/en-us/articles/360028364631-Initial-Exchange-Offering-Vodi-X
https://vodix.io/pdf/VodiX_InformationDeck_1.1_EN.pdf?1558413097
https://twitter.com/vodi_app
https://t.me/Vodixchannel
https://www.instagram.com/vodi.app
https://medium.com/@VodiX
https://www.youtube.com/channel/UC-Pc-9xNSSGSWwhisqivusg
https://open.kakao.com/o/gBH9GHcb

Considering current market status and the project insights, I too agree with your opinion that it's better to invest after listing. However, if there is an extra ordinary project, I would not hesitate to invest in tokensale.

Thank you for creating such a thread, will merit once I get some.

In my opinion the market and investors are not yet ready for a new season of investments, both ICO and IEO are the next STO .... it is still too early.

With IEO, unlike the ICO of the past, there is only one advantage: the guarantee and the certainty that the money you "invest" does not go to scammers but to people who have developed a project and an idea, which is carefully evaluated from the exchange, before entering the market.


Returning to Ocean Protocol it seems that, for now, the failure was total:
ico price      0.25 $
ieo price      0.12 $
listing price  0.03 $     for now

I believe that, except for a few selected projects, in which obviously it will be impossible to enter, it is better to always wait for the listing on the exchange!

LOL you are buying the IEO tokens buddy not the complete project. Like Bitrex you can do the same at binance and pass the KYC. You may make some money on buying some worthy tokens there on IEO launch.

Please look carefully and invest on the IEO. If the project is really worthy investors and exchanges will easily accept but some good projects are also failed to accept and launch as IEO. Lets see what is the future of ICO which is sinking now.

Then I think that will be our time to buy ocean at the low price and I hope that the price can get down too deep and give me a chance
I was too late to buy the previous IEO, and I am curious about what happened with the IEO project.
I think there will many other IEO project that wants to list on the bittrex since bittrex still be a larger exchange.
Gladly, I already pass KYC, so I think if I am not too late, I can buy the IEO project.

Believe me when OCEAN IEO will over and investor will lose at least 10% - 20%. An IEO before ocean has been telling the investors if IEO that runs on bittrex is not having a lot of potential. IEO season will not over until there will be an evidence the whole of IEO sales will bring investors to the lose.

The basic rules in ico investment. If you can reach hardcap instantly and there must be a lot of demand waiting for the token to go to the market. The opposite thing will happen when the hardcap will be so difficult to be reached and no demand for the token after listed to the market.

Officially Bittrex does not ask for any fee for registration in their exchange, but we cannot be sure of this, because we do not know what really happens behind the scenes.

Back in the topic, it seems that the IEOs promoted by Bittrex fail to break through like those on Binance and other exchanges; even Ocean at the moment does not seem to have great success, and in fact after about 3 days from the beginning of the offer it has collected "only" 90% of what is offered.

Is the IEO season over, even before it starts?

I believe there is no listing fee in bittrex up until now. They will review your project according to their standards.
You should have a strong platform to begin with and not just a substandard project.
Something for you to read about their protocol -

https://bittrex.zendesk.com/hc/en-us/articles/360000475411-How-do-I-submit-a-token-to-Bittrex-for-listing-
https://bittrex.zendesk.com/hc/en-us/articles/360001425906-Blog-Bittrex-International-Token-Listing-Free-Fast-and-Committed-to-Compliance

anyone knows how much bittrex ask as listing fee ?
is it very expensive and hard to jet added ?

The main and fundamental purpose of IEOs, considered by many to be the new fashion of the moment, is to guarantee greater reliability of the companies that collect money; if an exchange, like Binance or Bittrex or Huobi etc. , decides to promote a company, selling its offered tokens in its exchange, it is assumed that the exchange itself has carried out an analysis of the team, the company, the project, etc. going to evaluate and identify if they are real, reliable, serious ... operations and evaluations that few users are able to do individually.
Moreover with the IEOs in the exchanges the operations of Kyc and Aml are made only once in the exchange itself, and are not provided each time to different companies and teams, with the risk of seeing their personal data lost or stolen or sold.


Having said all this, I will mark the 2 IEO on offer on Bittrex International: OCEAN PROTOCOL



We are thrilled to partner with Bittrex International to conduct an Initial Exchange Offering (IEO) for the Ocean Token which will commence on April 30, 2019 at 1800 CEST / 1600 GMT / 0900 PT.

The IEO allows the customers of Bittrex International to acquire Ocean Tokens for use on the Ocean Protocol platform. For the IEO, 56.4 million Ocean Tokens representing 4% of the total supply will be offered at a price of $0.12 per Ocean Token.

               



Full details of the sale and Ocean protocol in the links and links below

https://oceanprotocol.com/
https://blog.oceanprotocol.com/initial-exchange-offering-of-ocean-protocol-on-bittrex-international-a454688f466a
https://twitter.com/oceanprotocol
https://github.com/oceanprotocol
https://www.reddit.com/r/oceanprotocol/
https://t.me/joinchat/GUyxrE0Hi154D0NrlOqLFg          https://t.me/oceanprotocol
https://join.slack.com/t/oceanprotocol/shared_invite/enQtMzQ5MjU1MjcwODIyLWQ2MDdhZjI1N2M5MzAzZmVhMjcwYzk4NDk4N2M2MTBkYmZjOWIyZDc5NWFjMGE4OWY5MDkzZWRmNzg1MDRjZDg
https://www.linkedin.com/company/13429589/
https://blog.oceanprotocol.com/

How can they allow? You think they will manipulate? Market will decide the price, after exchange, coins prices always depend on people's sentiment, assuming that no one manipulating the market intentionally.

Just as expected to happen. Prices wont really be that much a changed compared on what we do saw on typical ICO. IEO's might be different or do have a little twist but the outcome would really be still the same.
Profit percentage might be higher but as long profit taking is always concern then it would normally always go lower to offer price which isnt a shocking thing.

After 4 days from listing we can say that the first IEO on Bittrex was not as successful as other IEOs on other exchanges; in fact, only during the first day of listing we had a price close to or slightly higher than the IEO offer, ie $ 0.10, while in the following days it was gradually falling and fell below the offer price .... it was not a failure but, for the moment, not even a success ..... it remains to be seen how the market will evolve and what solution the various communities and developers will adopt on Bitcoin, given the accusations that are brought to VERIBLOCK on the alleged obstructions , and first increases to the fees, of the Bitcoin network.

They would be doing the project more harm than good, don't forget most people engaging in this IEO fever are hoping to make massive profit or to recover losses of the bear market Therefore giving investors such high return in such a short time might backfire. They should allow the coin to grow steadily and let market decide the price.

First IEO on Bittrex closed in just 10 seconds ... now we wait and see the first exchanges on April 5th, again on Bittrex.

I would not be surprised to see a first crazy quote, higher than $ 0.5, with a gain of over 500%.

It's really hard so if you want to participate in better to have your account verified as you can also use it for future IEO of binance. Looks like Binance had take the sale offering to a new level. I won't be surprised if other sites will take in the same path.

It was hard to pass the KYC of Bittrex from the past and could last for weeks. But I don't know right now.

Also VeriBlock is a good project. However, its future value is hard to predict today. The volume for all coins in Bittrex is minimal.

Account need to verify (KYC) to buy IEO.
how long will it take for the exchange? :

Through a strict selection and selection process, adopting the highest standards to protect and protect its customers, Bittrex International opens its doors to Initial Exchange Offerings (IEO), with the commitment to promote innovation and increase the adoption of blockchain at a global level; all following strict rules for revising tokens and coins that will be promoted on its platform
https://bittrex.zendesk.com/hc/en-us/articles/360025469352-Fostering-Innovation-through-Initial-Exchange-Offerings-How-Bittrex-International-Selects-IEOs-

And indeed, after the news of the March 14th cancellation of its first IEO related to the RAID Token, https://bittrex.zendesk.com/hc/en-us/articles/360025035532-Statement-Regarding-Bittrex-International-RAID-IEO, the Bittrex exchange finally seems ready to launch its first large initial exchange offer, IEO, for all its fully verified users through Kyc, on April 2nd starting at 9:00 am PDT (16:00 UTC), VERIBLOCK!

VeriBlock and its novel Proof-of-Proof (“PoP”) consensus protocol is the first and only technology in the world to allow any block to inherit Bitcoin's unprecedented thermodynamic Proof-of-Work security in an entirely Decentralized, Trustless, Transparent, and Permissionless ("DTTP") manner.
Over the past four years, the VeriBlock project has attracted strategic investors, partners, and advisors including Bittrex CEO Bill Shihara, Bloq Co-Founder and Chairman Matthew Roszak, Bloq Co-Founder and Bitcoin Core Developer Jeff Garzik, Ethereum and Decentral Co- Founder Anthony Di Iorio, and Fenbushi Capital General Partner Bo Shen.


Detailed information on selling tokens:

Start of sale of the currency                   2 April 2019 at 9:00 PDT / 16:00 UTC
End of the sale of the currency               When the BI sales offer is reached or at the time set for 5 April 2019 at 9:00 PDT / 16 UTC
 
International sales supply Bittrex            70,000,000 VBK
 
Total supply of coins                              2.100.000.000 VBK
 
Initial provision of circulation                  283,000,000 VBK
 
Selling price of the coin                          $ 0.10 USD (The price per VBK currency will be set in BTC within 24 hours of starting the IEO)
 
Max purchase amount per account          200,000 VBK ~ $ 20,000 USD (The price per VBK currency will be set in BTC within 24 hours of
                                                                      starting the IEO)
 
Min purchase amount per account           100 VBK  $ 10 USD (The price per VBK currency will be set in BTC within 24 hours of starting the IEO)
 
Accepted currencies                                BTC
 
Coin distribution                                     Delivery on April 5, at the end of the IEO sale


           


https://bittrex.zendesk.com/hc/en-us/articles/360025270092-Initial-Exchange-Offering-VeriBlock
https://international.bittrex.com/Market/Index?MarketName=BTC-VBK

https://www.veriblock.org/
https://discordapp.com/invite/wJZEjry
https://github.com/VeriBlock/nodecore-releases
https://explore.veriblock.org/network-stats
https://www.veriblock.org/wp-content/uploads/2018/03/PoP-White-Paper.pdf
https://bitcointalksearch.org/topic/ann-vbk-poppow-veriblock-securing-the-worlds-blockchains-using-bitcoin-3133450