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Topic: Do you think IEO is more legit if launch on big exchnages like Binance? - page 2. (Read 1788 times)

full member
Activity: 925
Merit: 100
I think it is a bit more legit if an IEO is launch on bigger exchanges. Because they know that it can be very hard to enter big exchanges and convince them that your project is very useful and insight of having a very solid future to get funds using them. What's you opinion on this? Do you think there are other reasons if they choose other small exchange platforms?

Legit? I tend to disagree; most of the projects getting listed in top exchanges are only doing so for immediate profit or the hype around it and nothing more. That project gets listed on major exchanges for IEO doesn't proves it is legit, take a tour on major exchanges that hosted one IEO or the other and check how many of the projects are performing well or working according to their roadmap. There are still projects doing IEO on smaller exchanges but have a good concept. So how legit a project is depends on the team and not on the exchange it's IEO is taking place.
sr. member
Activity: 798
Merit: 250
It is not necessarily more legit, if the IEO launch on big exchanges like Binance, but it is surely more profitable. There are many legit IEO projects going live on medium or even small exchanges, but the profitability of these IEOs isn't high. Almost every IEO which runs on Binance reaches a good level of success.
member
Activity: 728
Merit: 10
I don’t think that IEO is more legal if launching on large exchanges. The exchange cannot give a full guarantee that the project is not scam. There are no guarantees that the project will have further development in the future. After the end of IEO, developers, having raised money, can freeze the project. Investors taking part in IEO are also at risk as with participating in ICO.
copper member
Activity: 238
Merit: 0
Without any doubt IEOs that are being launched on big exchanges are bringing more profit and are generally better. Just compare outcomes from Binance IEOs with IEOs that took place on such garbage exchanges as Latoken, Probit or anything else.
sr. member
Activity: 2198
Merit: 273
Vave.com - Crypto Casino
Chosen exchanges won't determine that a project is gonna end well for investors. They might just indicate that in their roadmap to give investors hype that their coin is bound to appear in one of the coins in the dropdown list in Binance.
If it is gonna be legitimate at the end of funding, all you need to worry if your investment was even worth or was it the same feeling as investing in a shitcoin.
I don't think that devs would even consider putting their coin in Binance and they might just decide to launch their own exchange along with their coin specifically being traded there.
when reading "will be listed in binance", we can be sure the project is not a bad coin. here more emphasis on project quality. Investors also don't want to destroy prices because they know that exchanges have competitive volume. Projects that use their own exchanges already have the concept of utility, so they are more focused on the foundation of the system from the start, and also impossible to be accepted by other exchanges just like that.
newbie
Activity: 62
Merit: 0
It is very difficult for IEO to be launched on larger exchanges. This is a lot of people desire. Although this project is very helpful and opportunistic, there needs to be more luck.
newbie
Activity: 58
Merit: 0
IEO being launched on larger exchanges is gratifying. I hope this can happen.
jr. member
Activity: 135
Merit: 2
Yes, i think that big exchanges are filtering project much better
jr. member
Activity: 448
Merit: 1
That is the thoughts of almost everyone that invest in IEO. But, one thing I understand is that the exchange listing a tokens only go through whatever the project team present as whether achievable or not. One other thing is that they list the tokens to get paid not because it is legit or viable.
member
Activity: 868
Merit: 16
I think it is a bit more legit if an IEO is launch on bigger exchanges. Because they know that it can be very hard to enter big exchanges and convince them that your project is very useful and insight of having a very solid future to get funds using them. What's you opinion on this? Do you think there are other reasons if they choose other small exchange platforms?
At least you will ne comfortable when you choose an IEO through Binance exchange because they won't bet their reputation to choose scam project. This is an advantage of IEO, you don't need much times to choose legit project, just choose reputable exchange and you will find it. But itis not guarantee you will get a profit, sometimes (even most IEO) just dump in price when it was launched on the exchange. So be carefull of it, use your good strategy.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
Indeed one of the investor determinants is where in large and famous exchanges that can minimize losses. If in small exchanges people do not know and will culminate not achieve the results specified. Could have made the exchange escape because no one knows.
full member
Activity: 630
Merit: 100
Of course, holding an IEO on a big exchange has bigger profits. High web traffic, high trading volume, will attract more investors to join. This is related to funding, I think. Low budget projects will not choose Binance, Huobi, and other top exchanges because the costs are definitely expensive. So what is chosen is a lower level exchange, with a small fee and even free.
In the Fund Raising aspect, While IEOs gives many an opportunity to raise money for interesting projects, it is not 100% secure. It simply offers immediate utility, not future utility, which lets projects gain more visibility.
That is why to minimize this risk we should choose a reliable exchange, with a good IEO portfolio.
copper member
Activity: 630
Merit: 1
In the Fund Raising aspect, While IEOs gives many an opportunity to raise money for interesting projects, it is not 100% secure. It simply offers immediate utility, not future utility, which lets projects gain more visibility.
full member
Activity: 532
Merit: 108
I think that the question is a little incorrectly posed, but I will try to answer your question as I understand it. I know that each exchange has its own requirements for a particular project to be carried out on their IEO exchange and the more popular the exchange and the more its trading volume, the more difficult the conditions. IEO on top exchanges makes a lot of growth since the exchange has a scenario in which it launches a project for trading.
copper member
Activity: 280
Merit: 5
Big Exchange it no big Exchange all rely on team and Exchange. I have seen IEOs conducted on big Exchange which later dumped like crazy and I have also seen that the team had to buy back after launch on kuCoin lately and the token is trading well even after bounty hunters dumped, it didn't still affect the price so team have much to do .
sr. member
Activity: 498
Merit: 251
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I think it is a bit more legit if an IEO is launch on bigger exchanges. Because they know that it can be very hard to enter big exchanges and convince them that your project is very useful and insight of having a very solid future to get funds using them. What's you opinion on this? Do you think there are other reasons if they choose other small exchange platforms?
I think it cannot be measured based on where the IEO was launched, but how is the token distributed to investors. If using the ticket rafle method like Binance does, this is of course very legit, because not everyone can get it. Considering of the legal economy "if the demand is more than supply, the price will certainly surge".
full member
Activity: 882
Merit: 101
Yes, I think IEO is better in large exchanges because there are more investors and also project IEO in large exchange are serious projects they dare to pay big to enter into large exchanges, this is different from small projects that can only enter small exchanges.
sr. member
Activity: 661
Merit: 251
I think it is a bit more legit if an IEO is launch on bigger exchanges. Because they know that it can be very hard to enter big exchanges and convince them that your project is very useful and insight of having a very solid future to get funds using them. What's you opinion on this? Do you think there are other reasons if they choose other small exchange platforms?

Talk about legitimacy my foot! These exchanges can host any project that meets up to their financial feels or demand. Remember, the bigger scam don't even come from the hungry developer around but those highly connected ones that can pay big bucks to get top exchange listing opportunity to sell a fake and unrelatable use case. They use words like "we are in it for the tech". Think twice whenever you see that statement
sr. member
Activity: 854
Merit: 253
l0tt0.com
I think it is a bit more legit if an IEO is launch on bigger exchanges. Because they know that it can be very hard to enter big exchanges and convince them that your project is very useful and insight of having a very solid future to get funds using them. What's you opinion on this? Do you think there are other reasons if they choose other small exchange platforms?
I completely agree with your comments. because the key point in this crypto market is the community. a large community with a lot of money investors will make a trash project become a potential project easily. I invested in a lot of great idea projects and the product achieved MVP but it didn't work. You can look at Credits (CS) at coinmarketcap.
From that experience, it is evident that the projects listed on large exchanges must be potential projects and have a good community before. Because the implementation of IEO for large exchanges like Huobi Global or Binance is a big issue related to the reputation of exchanges. Therefore, the projects listed there are potential projects and will automatically create a large community.
sr. member
Activity: 1582
Merit: 281
Eloncoin.org - Mars, here we come!
I don't think so because we all know that big scammers will never be lack of money and they will definitely take risks to launch an IEO on big exchanges this is one of the effective legerdemain of them and they will get successful because somehow cryptocurrency community thinks that all big exchanges are trustable but that's not true I think big exchanges are getting involve in scams because of money and popularity so we should always investigate about the IEO in which we thinking about to invest.
when it comes to facts, the majority of their IEO has had a lot of success, and if their profits are not as high as other IEO's, their coins have not been delisted at all until now, large exchanges are also not arbitrary in determining this.

I'm a little interested in your comments, can you name a few project scammers who have managed to manipulate IEO in large exchanges and their investors? if there means there is information that I missed.
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