Topic: Do you think IEO is more legit if launch on big exchnages like Binance? - page 3. (Read 1788 times)

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.

The terms and conditions proposed for listing on global exchanges such as Binance are not easy and the fees are quite expensive.  Only projects that are truly legit and serious want it to form a strong community niche.  Because we all know, Binance, Okex, and Huobi have a very good trade turnover, visited a lot, so it's easy to form a strong market capacity.  so, by doing IEO collaboration on the exchange, the chances of success are higher.

although it does not guarantee, in fact, most IEO on the market such as binance, Okex, or others has become quite successful and popular. such as BitTorrent tokens that still have a higher price than the initial price, or harmony, and many other examples. well. at the very least, the potential for coins conducting IEO in large markets is very high compared to IEO elsewhere

Yes correct, no matter how much  legit the project was, if they will hype and dump, they will do everything about it, and one thing that we know is that project's core team knew that Binance is the number one exchange, and the top reason for a coins/tokens to hype. So, let's just take it as an advantage, but we should still take care of it as not everything legit today, will be legit forever.

People will find new ways to pump and dump their coins, first the market was plagued with ICO projects which were created to make money and dump the coins later with so much hype and then the flow of scam projects started and that is the case with IEO too, initially you might find success and then the market goes sideways. You cannot trust any of these projects as these are experimental ones and if you have a lot of money to gamble then you can invest.

The big and famous exchange like binance always reviewed their IEO and not just paying them to listing, they have qualified the project before it held IEO in their exchange so i think your statement is invalid. It's different with token or coin listing, they just have to pay to the exchange to list their token or coin in their exchange, but the IEO project they reviewed the participant before they held the IEO

It's very simple. Big exchanges want a lot of money for listing coins. If a project team is wealthy enough to afford listing on Binance it means they mean serious business and don't want to scam people.

Big exchanges also sceen projects much better and are not easy to deceive. Some of them also have safety funds to compensate clients in case of losses.

If I recall correctly isn't Binance also limiting IEO in their launchpad? it's not so frequent that makes people in the past goes crazy over it resulting in a high rise of demand therefore binance adopt the lottery method. Bittrex in the past have had an IEO that turns out to be a scam so maybe it's the reason of why they are now having quite low IEO investors compared to its competitor not because they are lazy releasing IEO because even if there's many IEO but people are losing their trust isn't it the same as having nothing?

IEO in Bittrex is so popular as Binance, especially now that Bittrex rarely does IEO anymore, so investors are lazy to go there, now investors go to Binance because IEO there is really real, especially its products, so what are you proud of from Bittrex if Binance better.

With the nature of investors failing constantly after investing on projects with so much hype, i doubt if the magnitude of the exchnage will determine  the success of a project. For instance a lot of people ran at loss in the last IEO hosted by binance. I was one of them, but bnb very high just so i could partake on the IEO, before i could say jack bnb started dipping loss over $400 and still couldn't make it for the IEO

there is no guarantee. it could be listing on the big exchange just to attract investors. what an investor is looking for is a real product and can be for long-term investment in the project. and if you remember that there was an IEO done at Bittrex the name of the project was Ocean, you should remember that the IEO ended up disappointing investors. so big exchange is not necessarily good.

We know that Binance is after their reputation, they wanted to have more coins/tokens to be listed in their exchange, yes it is true, but they are also after their image and reputation, so they are checking the project with diligent, they are not accepting it because you have money to pay them, but because you have a real project that can change the crypto world, so more likely IEO in Binance is more legit than to other exchange, but the ROI still not guarantee, still depends on the project.

I don't trust a project simply because it launched it's tokensale in a big exchange, there are scammers out there and they find pretty ingenious ways to disguise their intentions and you have to admit that there were some pretty scanny IEOs that were osted in BG xcha he's n the recent past, some of them had their social media accounts opened the same months that the IEO was held in the exchange, anonymous teams, no developement to begin with and a hazy detail about what they aim to achieve.

Yea I share your sentiments because the big exchanges has a reputation to uphold and they know that conducting the tokensale of a scam token would reflect poorly on them eventually, ofcourse they cannot always predict or control what the team would do with the funds after the tokensale but one thing we can always be sure of is that the token would be listing in the exchange immediately after their IEO so there would be no scam exits before the investors have had a chance to trade their tokens, which is more than we can say for ICOs, some has not even listed in any exchange after over a year of completing their tokensale.

  yeah that's true, many projects make every things to be listed on big exchange. So you can believe that they are legit. If u invest in projects on big exchange you will make profit easily and u wont worrie about scamming. this thing help invest tor invest in that project more and that project will have more money to do what they want

Yups, IOE's reputation is also the Exchange's reputation. Logically this is an IEO project depending on how well the stock exchange is reputation, and every exchange must have a minimum rule that must be fulfilled and it is not that easy if the exchange has a good reputation as in the Binance exchange.

then what about the IEO project that will be listed on the exchange with minimal or new reputation?
I say if the IEO project is able to provide new ideas or innovations in the public and the products provided are needed, then investors are also interested or want to invest. and the effect is also on the exchange, the exchange's reputation will be good.

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This is a little concept in my mind ..

Reputation IEO (good) + Reputation exchange (low)            = exchanges will be more trusted and reputation will improve.

Reputation Exchange (good) + Reputation IEO (low)            = This is a bit dubious, but the average project that will be listed on a reputable exchange
                                                                                           must have certain conditions or there is a minimum threshold that must be completed. so
                                                                                           it's up to you to overcome it .. 

Reputation Exchange (low) + Reputation IEO (low)               =  LOL, ..          But keep in mind, no one knows the time that goes forward.

Reputation Exchange (very low) + Reputation IEO (very low) = LOL, LOL, LOL..   depends on you react ..  hahaha..

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I mean the IEO project has a low reputation, which is a project that has no new ideas or innovations but only plagiarizes from a previous project, this is the same as tricking investors for the umpteenth time.

i will only think it has more liquidity like kava https://www.coingecko.com/en/coins/kava and band https://www.coingecko.com/en/coins/band-protocol

The fact is that precisely because of strict rules on more or less popular cryptocurrency exchanges, the new IEOs are in greater demand than on other exchanges.  I believe that it is these rules that give great confidence for investors and traders that their investments will have good prospects.

Large exchanges have stricter standards and usually they always charge more. so if there is a project that wants to do IEO there, they certainly have the funds to convince the big exchange. so that means they are better equipped to enter the market, compared to projects that are in small exchanges. apart from this, I don't see the difference between the two. the only thing that makes the difference is that large exchanges have the effect of make a hype.

Be it a bigger exchange or a small exchange a bad project will always be a bad project. Even if binance where in charge of an initial exchange offering it can still be a risk