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Topic: Exchange platform are why ieos have gone quiet (Read 316 times)

member
Activity: 434
Merit: 19
January 22, 2020, 01:11:45 PM
#31
IEO is not a problem here mate, there are other things that crippled the life of many projects this days, just because block gain is getting more popular even amateurs are trying to make use of its advantage to make money, serious projects will always go further with their fund raising on top exchanges like binance
member
Activity: 518
Merit: 28
Exchanges aren't the one to develops projects and for any new project looking for a good result they have to go with top exchanges, its never easy to start a new project in crypto space that's why its better left for the pros, let's not make the exchanges look like the culprits here, top exchanges are doing their job well
member
Activity: 476
Merit: 22
When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??
Exchanges are making money out of those new projects that want to raise fund through the exchange, those who deserve to do this are top exchanges if you ask me because there is guarantee that they will raise good fund successfully compare to low rank exchanges
hero member
Activity: 2814
Merit: 576
IEO is not a problem, it's a good platform actually but it should be done in a reputable exchange that would not fool the investors just try to let them play the pump and dump game. If only Binance can produce good IEO, it doesn't matter, people then has to invest only in Binance.
sr. member
Activity: 1372
Merit: 322
IEO has gone stop because without 2 or 3 IEOs, all have given negative ROI to the investors. Check out the recent IEO held in 2019 and none of them can give a good ROI to the investors. No one will invest without profit and that's why the IEO trend is not anymore like previous. By the way, there are still some projects which are having a lot of investors. Look at the current running IEO.
hero member
Activity: 826
Merit: 501
2local[IEO] - https://2local.io/
Any good crowdfunding plan will be emulated and used by others. As more and more projects become available, investors ’desire to invest will decrease, so most of the crowdfunding projects now fail.
sr. member
Activity: 1064
Merit: 253
I still think running an ICO is ok. I really don't know what's wrong with people. You get people that buy into the most ridiculous projects and you can't even begin to understand their thinking (or lack of) when they choose to fund a bad project or scam. What did they think was going to happen? People seem to just read and believe what projects say they will do if you remain slightly active have some social media and stay active here in the forum. Blind people with some giveaways and flashy bounties.

Then you get people who think ICO are all scams or ICO itself is a scam. This is crazy since it is impossible. There is nothing wrong with running an ICO or supporting one but really people need to wake the !@#$ up
and support projects that bring change. I don't even count these other "projects" as projects because they just copy-paste ICO scams.
It would be impossible when regulations are strict for ICO. You have to register at the proper government agency. I think thats the reason why ICOs today consist of scam because most projects are seeking for IEO for faster funding.
hero member
Activity: 966
Merit: 535
I still think running an ICO is ok. I really don't know what's wrong with people. You get people that buy into the most ridiculous projects and you can't even begin to understand their thinking (or lack of) when they choose to fund a bad project or scam. What did they think was going to happen? People seem to just read and believe what projects say they will do if you remain slightly active have some social media and stay active here in the forum. Blind people with some giveaways and flashy bounties.

Then you get people who think ICO are all scams or ICO itself is a scam. This is crazy since it is impossible. There is nothing wrong with running an ICO or supporting one but really people need to wake the !@#$ up
and support projects that bring change. I don't even count these other "projects" as projects because they just copy-paste ICO scams.
full member
Activity: 1750
Merit: 118
did the first ieo start with binance ? or its just binance is the first platform to have a succesful ieo just because of thier popularity  . sure others will follow because they think they can also earn the same as what binance already earned  . about the charges . it becomes high because of the hype  . if im the owner of the exchange i wil also do the same  . also it helps filter bad projects  .

Quote
If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??

they can propose thier project to big companies  . if the company like it they will be given sponsorship .
sr. member
Activity: 906
Merit: 263
When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??

I beg to differ.

Exchange platforms charging a high fee would not be an issue if there was even a fraction of the demand for these tokens when compared to the alt craze of 2017. Back then, listing fees were absolutely over the roof with barely any legitimate, non-hyped up project being able to afford it, yet it can still be financed due to the absurdly easy environment for getting investments.

And plus, people look at IEOs no differently than ICOs now, which is different to when it initially came out with the surprise factor.

At the end of the day, the ICO/IEO market is completely saturated with unwilling investors right now in a bearish environment. That's all there's to it.

I agree with you. A project will find a way to raise the funds it needs. They can always run a pre-ICO and just ask for enough funds to be listed instead of this massive amount that includes everything.
After being listed they can then raise further funds they might need and go from there. You could even get a free listing. I remember over a year ago there were coins that you could list with votes.
I don't know if they do that anymore but they also had bounties to help get listed. Mostly it was supporters who helped them get listed with their votes. My point is that there are always options you just need to find what they are.
hero member
Activity: 1106
Merit: 527
When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??

Give me compare binance coin with the ethereum because I can see the the smart contract revolution with ethereum coin are similar like that other projects follows the Binance team.
And here other exchanges are making them available for list to get IEO.
Because of this move most of exchanges are scamming their traders and this move turns the trader as investor.
jr. member
Activity: 250
Merit: 2
Come to think of it, on idax exchange, cma and xcrypt token ieo did have a fraction of demand, but it was surpassed by the exchange platform billings. can we term that to the project being unhyped ??

First of all, I thought Idax was a confirmed scam? Why would any ICO be willing to list their tokens on a platform with a tainted rep?

But to answer your question, yes, I do think that it can largely be attributed to these projects being extremely saturated now. Most tokens with actual utility has already been invented, and the speed of innovation has slowed down drastically.

There is definitely a lack of hype around anything ICO related, probably because of the fact that first wave ICO investors back in 2017 are now reaping nothing but losses as they invested in tons of bad projects that amounted to nothing. ICOs themselves are probably no longer profitable either for founders, which could explain why there is now a lack of good projects, as good projects can just seek private angel investment instead.

Thanks for this insight, its so true with tokens especially altcoins dying daily.
Do you think there can be any consequences for binance, if the Kava ieo coming soon drops below expectation ?

Binance has made lots of announcement lately to promote bnb hype, but i do see it as desperation; what do you think ?

I wait soon
Thanks.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
The more reason why decentralized exchange should be available in huge numbers,
Again with huge number as you say, a similar problem will arise. Some of them will be shady and turn out be scam, some will run away when the authorities come after them and some will remain for a short period before sudden disappearing with no trace.
Quote
with dex project owners don't need to suffer such unjust exploitation in the hands of these exchanges, there are little or no fee in listing on a dex, kyc limitations is out of the question, users are at liberty to trade the way they desire, I think will this be the solution to this problem,
The only thing that need to be focus  on is to make  dex more user friendly, very flexible and easy to use, this will attract more people to use dex, hopefully, the attention will shift from Cex to DeX.
Still is pretty far from becoming reality, and who knows when people would trust a dex more than a cex. They prefer the original cexes more than dex. Although at this point the liberty seems real but it may change once a wave of transfer from cex to dex starts and that then the real power/poof of dex will be put into question.
hero member
Activity: 2562
Merit: 577
Yeah i do really think exchange charges are seriously affecting the success of some project, apart from the charge of ieo, they charge high fees for listing as well plus all the conditions attached to listing on their exchange, they are just being exploitative which is affecting the survival of most project in the market, until they decide to cut down their charges, this will continue to happen even good project will be affected.

The only one laughing hard here is the exchange owners. More and more shady small exchanges are coming up and trying to get their share by offering a lower fee but with zero trade volume. Bounty hunters go on selling their token creating a huge sell wall and nobody to buy them. Its a shitshow in short.

The more reason why decentralized exchange should be available in huge numbers, with dex project owners don't need to suffer such unjust exploitation in the hands of these exchanges, there are little or no fee in listing on a dex, kyc limitations is out of the question, users are at liberty to trade the way they desire, I think will this be the solution to this problem,
The only thing that need to be focus  on is to make  dex more user friendly, very flexible and easy to use, this will attract more people to use dex, hopefully, the attention will shift from Cex to DeX.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??
These are the best possible ways exist to raise funds for your projects but sadly investors were tired of scammers so they are looking for trusted source which is the reason of Initial exchange offerings began.So when the exchange is trusted more people will run towards it so exchanges also asking for huge price for their projects to be listed there and also they might have certain criteria to meet before getting listed to assure that they didn't advertise a scam project.
hero member
Activity: 1666
Merit: 753
Come to think of it, on idax exchange, cma and xcrypt token ieo did have a fraction of demand, but it was surpassed by the exchange platform billings. can we term that to the project being unhyped ??

First of all, I thought Idax was a confirmed scam? Why would any ICO be willing to list their tokens on a platform with a tainted rep?

But to answer your question, yes, I do think that it can largely be attributed to these projects being extremely saturated now. Most tokens with actual utility has already been invented, and the speed of innovation has slowed down drastically.

There is definitely a lack of hype around anything ICO related, probably because of the fact that first wave ICO investors back in 2017 are now reaping nothing but losses as they invested in tons of bad projects that amounted to nothing. ICOs themselves are probably no longer profitable either for founders, which could explain why there is now a lack of good projects, as good projects can just seek private angel investment instead.
jr. member
Activity: 250
Merit: 2
When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??

I beg to differ.

Exchange platforms charging a high fee would not be an issue if there was even a fraction of the demand for these tokens when compared to the alt craze of 2017. Back then, listing fees were absolutely over the roof with barely any legitimate, non-hyped up project being able to afford it, yet it can still be financed due to the absurdly easy environment for getting investments.

And plus, people look at IEOs no differently than ICOs now, which is different to when it initially came out with the surprise factor.

At the end of the day, the ICO/IEO market is completely saturated with unwilling investors right now in a bearish environment. That's all there's to it.

Come to think of it, on idax exchange, cma and xcrypt token ieo did have a fraction of demand, but it was surpassed by the exchange platform billings. can we term that to the project being unhyped ??
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Yeah i do really think exchange charges are seriously affecting the success of some project, apart from the charge of ieo, they charge high fees for listing as well plus all the conditions attached to listing on their exchange, they are just being exploitative which is affecting the survival of most project in the market, until they decide to cut down their charges, this will continue to happen even good project will be affected.
If the project owners are diligent enough they would not start a project in the form of IEO funding. They would go for the traditional stock market IPO approach which gets listed in a few days without any hassle. Getting listing is like a mafia trade nowadays with exchanges charging huge fees and bounty hunters crying scam if they dont get listed. So in a way the team if forced to list the project on some small cap exchange before moving to a midcap exchange.

The only one laughing hard here is the exchange owners. More and more shady small exchanges are coming up and trying to get their share by offering a lower fee but with zero trade volume. Bounty hunters go on selling their token creating a huge sell wall and nobody to buy them. Its a shitshow in short.
hero member
Activity: 2562
Merit: 577
When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??

Yeah i do really think exchange charges are seriously affecting the success of some project, apart from the charge of ieo, they charge high fees for listing as well plus all the conditions attached to listing on their exchange, they are just being exploitative which is affecting the survival of most project in the market, until they decide to cut down their charges, this will continue to happen even good project will be affected.
legendary
Activity: 3094
Merit: 1127
When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo

And also some exchanges conduct ghost ieo and list token to drive in investors only to exit

If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??

crowdfunding IS the way, but like anything, it can be abused Sad
shittokens took advantage of the hype, that dosent mean GOOD projects can't use IEOs to get started tho Smiley
Many good projects, ETH for example used crowdfunding model and are successful to this day
one thing hasent changed: Don't invest what you can't afford to lose
Its prone to abuse thats why we cant really blame up the community on how they do look at to these kind of crowdfundings since its being used to scam out investors.
ICO or IEO or other kind of crowdfunding is good but they do differ in terms of security of funds where IEO do able to get up the hype.Small exchangers do took advantage with it
and if they do saw that big exchangers do ask out about ieo listing then they would do the same.
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