This is the reality nowadays, but I don't know if you agree or not.
As what I have observed since last year, lots of ICO investors are more excited and making some noise when a crypto startup announced that they will be listed in some exchanges.
I have browsed a lot of Telegram groups coming from various ICOs, IEOs and other forms of token sales. When they announce their partnership with a "XXX" company or they have launched their v2.0 of their product, it seems that the community are kind of less impressed and not excited about that.
Last year, there's an ICO where until now, they haven't listed in an exchange as they focused more on product development. It's like almost 2 years and they haven't listed their token yet in exchanges but they only give us a quarterly report on what they're doing with the product. It results for most investors to become impatient and demand their money back or getting listed to exchanges at least.
This is what I've been observing for now, the behavior of most investors who are expecting their returns or gains after the ICO is complete. What do you say guys? Agree with this or not?
I definitely agree with you, most investors are more concerned with exchange listing update rather than product development or other remarkable milestones achieved. The truth is that everyone in crypto space is also in for the money, even if you are a tech savy or also concerned about what will happen to crypto in coming years. Personally, I prefer product news before exchange listing update since it will even help build confidence in holders not to dump in a hurry. Also, for me it's better a project doesn't list at all than listing on a crappie exchange with almost negligible liquidity, forcing the price down with great margin. We just have to be patient about exchange listing if a project is cool with development, even though exchange listing is very important.