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Topic: ICO reached hard cap - 50 MILLION- not listed in an exchange - SCAM? - page 4. (Read 816 times)

copper member
Activity: 126
Merit: 1
WWW.BLOCKCHAIN021.COM
I have join a project to which it claims that the team was able to collect 50M in USD but until now they could not be able to list the token in an exchange. Their reason was the team were preparing the platform for almost 3 mos. now. I am starting to believe it when they show something great after sponsoring a certain event to which the name of the project was being flashed in the screen. Is it possible that the team is telling the truth? They want to bring a project with demand so that the token will not be undervalued. What do you think of this project scam or not? I could not name the project for now to protect their reputation.

Not I guess, if they did not really list their token for almost a year. That I can say that they are scam but with 4 months and less, still their reason is acceptable for the bear market situation.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
Maybe they are waiting for the good market to be able to list their tokens better. I've seen a lot of projects waiting for better market to public sale or listing exchanges. It is best to wait and regularly check their activities during this period
sr. member
Activity: 1112
Merit: 256
really? they claimed that they reached 50 million hard cap with this condition of the market? I think it could be scam, but try to wait some more time keep updated with their telegram.

Currently, the market situation is very bad, but OP did not say when the ICO was taking place. If the token sale was in Q4 2017, it is very likely that the amount of $ 50M was collected.
sr. member
Activity: 1876
Merit: 289
Zawardo
really? they claimed that they reached 50 million hard cap with this condition of the market? I think it could be scam, but try to wait some more time keep updated with their telegram.
copper member
Activity: 112
Merit: 0
I have join a project to which it claims that the team was able to collect 50M in USD but until now they could not be able to list the token in an exchange. Their reason was the team were preparing the platform for almost 3 mos. now. I am starting to believe it when they show something great after sponsoring a certain event to which the name of the project was being flashed in the screen. Is it possible that the team is telling the truth? They want to bring a project with demand so that the token will not be undervalued. What do you think of this project scam or not? I could not name the project for now to protect their reputation.

Why there's too many people here just reacting like Scam projects are those that are not yet listed on their respective exchange? Does the market do not give them hint about the situation? Please put yourself first to their situation in order to know why they are still not listed.
hero member
Activity: 1932
Merit: 504
I have join a project to which it claims that the team was able to collect 50M in USD but until now they could not be able to list the token in an exchange. Their reason was the team were preparing the platform for almost 3 mos. now. I am starting to believe it when they show something great after sponsoring a certain event to which the name of the project was being flashed in the screen. Is it possible that the team is telling the truth? They want to bring a project with demand so that the token will not be undervalued. What do you think of this project scam or not? I could not name the project for now to protect their reputation.
This problem is what everyone should aware. Not by project that not success in their sale, but project that already success but not really profited for investor like this. In other hand, we as investor must know that if we already put a money in someone, we can't do nothing about it. Actually it is bad if some project not listed their tokens in market after ICO.
copper member
Activity: 224
Merit: 0
They are just waiting for a great point to enter the market. It would not make any sense to go live on exchanges on current market conditions, because the price would fall hard. Wait for the better market and they will get listed asap.
member
Activity: 455
Merit: 10
i got another ico its NLS nelus same problem there
jr. member
Activity: 200
Merit: 1
You need to read their roadmap. You will see when they will have a plan listed in an exchange. If the project does not go on schedule, it will have some explanation for everyone. We cannot say that they are scams because their projects are still active. Please wait
jr. member
Activity: 387
Merit: 1
Yes, some ICOs are more focused on their projects and not exchange. But that does not mean they will not register their tokens to exchange, they only need time after their project is finished. And they think of listing their tokens in the best exchange.
jr. member
Activity: 510
Merit: 2
No one can tell if the project is scan, I think that three month is not much for project to be listening on exchange. All you have to do is to do more findings on the project and exercise patient for that three month.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
Do you know for sure that they have raised 50 million? Or it's just a number from their website? I think that if the project has raised these funds for real, you need to wait some time and they will make listing of their token.

Now that projects get investment from private investment funds, they don't receive that money through the blockchain. So I find it quite difficult to determine whether they have a scam or not based on listing exchange after raising $ 50 million
That means if this project can't be trusted at all. in fact, these projects are lack of transparency and i think that we must need to put our main concern in this way. In fact that you must see about the fact that not so many people are able to get the information regarding private sales and this is not good at all.
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
Well, this moves of a project will depend's on Roadmap also and see the outcome of the ICO but patiently those ICO that reach their hardcap and softcap will list on good exchanges and CMC.
hero member
Activity: 888
Merit: 500
Do you know for sure that they have raised 50 million? Or it's just a number from their website? I think that if the project has raised these funds for real, you need to wait some time and they will make listing of their token.

Now that projects get investment from private investment funds, they don't receive that money through the blockchain. So I find it quite difficult to determine whether they have a scam or not based on listing exchange after raising $ 50 million
hero member
Activity: 1834
Merit: 523
You can wait more months before that if there still no progress you or maybe you should wait atleast 1 year maximum . Listing coin or token in the exchanges site have progress and you need to wait. But until now we cannot know if the project is scam or legit. Maybe you will be patient for that. 50 million collected funds is very big and if will be listed it will have good price for sure but let see what happen.
full member
Activity: 910
Merit: 103
I think you should let us know that project name, let us easy to told that it's a scam project or not, Example neluns project claims that they raised more than 100M, but how about now, check the scam accusations thread then you will know that what's going on, we can't fully trust the project owner, for other project maybe current not a best time listed on exchange, so just keep watching their project development update.
sr. member
Activity: 1064
Merit: 253
It's really hard to tell whether it's a scam or not, projects are waiting for bullrun or a good market in order to survive this market. I'm also waiting for my bounty to be given and to be available in exchanges. I'm almost waiting for a year now though.
jr. member
Activity: 616
Merit: 1
Sadly it is one of the most absurd strategies being employed by many ICOs, many claim that the market is down and they're focused on developing the project than listing on an exchange. It's really bad of such projects.
full member
Activity: 714
Merit: 101
This Is Promissing Project
it is one of the many fraudsters here, they always make convincing statements, even though they always deny it, you should not be too hopeful there, it will make you disappointed.
member
Activity: 630
Merit: 10
rocket.hashbon.com
If the team has announced that it reached hardcap, it is one of the good news for you.
But then, to ensure that it is not scam, you must be active in the telegram group too monitor whether the team is still active and controlling or not. Additionally, sometimes, some ICO will list their coins after several months or until waiting for the better market condition. There is no need for a worthy project born in this bearish market and then will have the down price after listing. Just monitor the news in their social media or telegram.
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