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Topic: Crypto exchanges market affected by ICOs? - page 2. (Read 259 times)

legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
January 17, 2023, 06:05:38 PM
#8
I remember that binance was also coming from ICO back in 2018. ICOs were giving very huge impact not only on the existence of exchange sites but so many projects that are running now started from ICOs. I can even mention some like ethlend and many more.

ICOs have been evolving in various ways now. People were starting to explore the potential of icos to be evolved into various kinds of fundraising in the crypto. ICOs were also making market have so many coins too.

ICOs were greatly impacting so many things right now. People were saying ICOs were not impacting exchange site while binance as the biggest exchange site was coming from ICOs. that's pretty funny to see that.

https://coincodex.com/ico/binance-coin/
legendary
Activity: 2688
Merit: 1262
January 17, 2023, 11:58:35 AM
#7
You need to ask specifically.

There is not effected anything, because each of project have their own fundamental. Exchange only want to get as much coin they can listed because they can gain more customer on their platform + getting a payment from listing the coin.

My answer, is no but if they listed a scam project and other think their exchange marked as shitty exchange.
staff
Activity: 2436
Merit: 2347
January 17, 2023, 07:20:07 AM
#6
How ICOs affected the market of exchanges?

And how can they influence the exchanges market at all? Exchanges can listing any token, as long as it meets their internal rules and the developers of the token are willing to pay for the listing. Most ICOs have been insolvent scams, so they have passed by the major exchanges. So I think the answer is obvious, they didn't affect them in any way. The ICO market rather affected investors and their attitude towards cryptocurrencies, especially after 2017.
sr. member
Activity: 1400
Merit: 420
January 17, 2023, 06:34:58 AM
#5
ICO stands for Initial Coin Offering. One is an old means by which a new project sells their tokens.  Of course ICOs then played a lot of role in getting a coin into a good position in the market.  But now this medium is not used much.  Because now IDO, STO etc. mediums are more common.  But they only bring investment to a project and help them sell coins. But in addition to this, there is marketing. Marketing is the life of a project.  And to manage and develop a project or an exchanger well, a strong team is needed.  So I don't think Crypto exchanges market affected by ICOs
hero member
Activity: 1722
Merit: 801
January 17, 2023, 06:21:28 AM
#4
ICO is a past story but people mutated ICO to IEO, IDO and more. They have different names to use but the main task is to raise funds from the crowd, from investor community or speculators. Nowadays, after the ICO scam time in 2017 and 2018, you will hardly to find projects that raise funds by ICOs.

The cryptocurrency market is not affected too much by failures of ICOs, IDOs, IEOs or DeFi, NFT, Metaverse projects. It is mainly impacted by Bitcoin and you can see it very easily by market capital domination.

https://coinmarketcap.com/charts/
member
Activity: 1540
Merit: 68
January 17, 2023, 05:42:27 AM
#3
How ICOs affected the market of exchanges?

ICOs did not in anyway affect exchange platforms, if you windback on the years, icos were very prominent in the year 2015-2016 during the early years of altcoins. Since then, icos have evolved from ico (initial coin offering) to ieo (initial exchange offering) to ido (initial dex offering) and so on. None of this have affected exchange platform because after every successful ido/ieo/ico event; these tokens end up listing on exchange platforms.

I think the major factor that affected market of exchanges is overcrowding; there are too many exchange platform in the space today with many redundant and without volume.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
January 17, 2023, 04:28:17 AM
#2
How ICOs affected the market of exchanges?
It's already 6-7 years have passed since the domination of the ICOs in the market and it has really affected the entire market. It's given the exchanges that they can crowdfund through ICO and that's what the majority of the exchanges that has tokens did. Those that became popular during that time, many of those projects are likely the ones that are still remaining in the market today.
The perspective of investors has changed a lot with ICOs and it's like anything you invest in the ICOs market during that time, it's most likely going to be successful no matter what the project is. And good thing that it has come to an end because the bubble was pretty much obvious.
jr. member
Activity: 114
Merit: 1
January 17, 2023, 04:13:06 AM
#1
How ICOs affected the market of exchanges?
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