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Topic: Most new ICO/IEO projects are new crypto trading platforms (Read 867 times)

sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
currently there are no ICOs or IEOs that can guarantee success, many ICOs and IEOs fail and scam, but if you want to try your luck, then you can choose the exchange platform because projects that develop exchange platforms can get a lot of profit.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
I dont see the essence of all these new exchanges. But let's allow them all to come on bord and prove their worth. In the end, it will be survival of the fittest. The weak once will surely die
they have made their ico based on the trend that already happened in the crypto space, they are thinking that will be so easy to manage exchange site but the fact said the different thing like almost all of them have no volume or a very small daily trade volume, how success the exchange site can be seen from the how much daily volume because that will be showing us about the demand that already gained by that exchange site. This time only some are worth to see when the rest was money-grabber only.
full member
Activity: 736
Merit: 100
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Of course need, if they provide customers with something new, or in an improved version of what other exchanges provide. About Binance 1.5 years no one knew, now they are at the top and set the trend IEO.

Agree, if there something new they can provide to the community then why not try to launch their own exchange and compete to others. But, before that their exchange should be regulated or have a license to operate and also their team are well-experienced enough for handling the exchange so that it can maintain it's functionality and also continuously developing that can deliver new services to the users.
hero member
Activity: 1680
Merit: 506
Trphy.io
I also observed that most projects carry the concept of trade with their respective advantages, some of which end quickly death and harm investors, I consider the project about trade is quite difficult to compete with large market markets that have operated and have communities around the world
full member
Activity: 924
Merit: 112
Of course need, if they provide customers with something new, or in an improved version of what other exchanges provide. About Binance 1.5 years no one knew, now they are at the top and set the trend IEO.
member
Activity: 630
Merit: 20
They are saying they are the best to gain some trust and reputations from investors. New exchanges need good reputation and should promote their platform in a flowery words like they have special platform that doesnt have the other exchanges. However, we can identify their potential when we test it. Binance and other old exchanges have been there before.
full member
Activity: 630
Merit: 100
It's the same as the electronic market in real life. Although there are already the best-recognized products, new products still appear with various innovations to meet the needs of human life. Likewise with the existence of new exchanges that have emerged a lot now. This does not mean that the existing global market is not satisfactory, but there are other economic factors that developers want to achieve by utilizing the development of cryptocurrency.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
It's not that the already existing exchanges can't satisfy users, it is just all these people who creates a new exchanges saw a big opportunity of making easy money by just creating an exchanges and starting IEO.
I'm pretty sure that most of the new exchanges offers their quirk but most of them just a gimmick. The already existing exchanges are already fine and don't need useless features but creating new one is not a problem anyway.
full member
Activity: 2240
Merit: 175
#SWGT PRE-SALE IS LIVE
The market is growing and it's a million-dollar business and who wants to get a slice of that business, we could never have enough of new exchange because of only a few names are really reputable and with stable business, every new exchange tries to offer something new to investors and traders.
sr. member
Activity: 1176
Merit: 301
While I was scanning through the bounty board section to find a good ICO/IEO to participate and earn a few bucks, I noticed most of these projects are creating/building cryptocurrency exchange. That means it will be a trading platform. All of them promising to be the best exchange ever. All of them showing that none of the present exchange has features like them, what they will bring once successfully raise funds.

Well, do you think exchange like Binance, Huobi, Bitmex can't satisfy users? Do you think, the crypto world needs these new trading platforms?
It is true more and more exchange are being created but the question is why should we choose them?
What could they provide us other than what is already being given to us by the old and trusted exchanges?
Those new exchange should at least make something new in order to attract us to use their platform .
copper member
Activity: 966
Merit: 14
In my own opinion I think any developers that think they can do better or offer more than what we currently have let them come up. The blockchain space doesn't limit any one rather the users will uphold any platform that is Innovative in nature thus the reason why Binance etc keeps growing; so if a new exchange will spring up and offer something more than the current exchanges it will gain the neccessry attention.
copper member
Activity: 420
Merit: 2
I dont see the essence of all these new exchanges. But let's allow them all to come on bord and prove their worth. In the end, it will be survival of the fittest. The weak once will surely die
copper member
Activity: 210
Merit: 1
Well. The trading platforms that develop good products or IEO/ICO . Most projects always needs a good trading platform to launch their project which gives their customers a good reputation.
full member
Activity: 941
Merit: 100
indeed we see a lot of trading platform platforms. they only develop applications and their real products are a collaboration with other companies.
maybe that's what has become very much the growth of new exchanges. they come with their own coins and try to beat the existing ones with lots of events and discounts.
member
Activity: 728
Merit: 10
I think, the new trading platform is very much needed now. and certainly this new platform has features that are far better in any way. so there is no more loss of crypto assets on certain platforms.
jr. member
Activity: 203
Merit: 2
Yes correct very well said the new crypto ico token are a trading exchange and most have very very less volume I don't know how they get volume
full member
Activity: 1946
Merit: 112
I believe that such platforms are needed both by the crypto market and its community. The fact is that top exchanges often have conditions that limit or even rule out the possibility of both cryptocurrency trading and adding new crypto assets for trading. New trading platforms have loyal conditions and allow you to join them more easily and easier. Also, thanks to new trading platforms, a competitive factor appears, which is good, as it forces the platforms to develop and become better.
legendary
Activity: 3192
Merit: 1198
Bons.io Telegram Casino
While I was scanning through the bounty board section to find a good ICO/IEO to participate and earn a few bucks, I noticed most of these projects are creating/building cryptocurrency exchange. That means it will be a trading platform. All of them promising to be the best exchange ever. All of them showing that none of the present exchange has features like them, what they will bring once successfully raise funds.

Well, do you think exchange like Binance, Huobi, Bitmex can't satisfy users? Do you think, the crypto world needs these new trading platforms?

Last year, so many ICO are exchange and trading platform based, not of them are successful in creating a buzz, there are Adab, IronX Becent Xera and still many others still holding their ICO, it seems not even a successful ICO can become a successful exchange, we'll have to see the others they are looking for the right time to launch their platform.
sr. member
Activity: 854
Merit: 251
Betking.io - Best Bitcoin Casino
I found one IEO her name is moozicore which is listed in some trusted IEO Exchanges. Like Coinbene, LAtoken, Sistemkoin, ExMakets, W12.io.

you can go and check about moozicore. (https://tokensale.moozicore.com/)

IEO sales at Coinbene and Latoken are still ongoing, while the IEO in Exmarkets and Sistemkoin has been sold and it's only round 1, but it looks like there will be a next round.
copper member
Activity: 238
Merit: 0
Because the current trend are exchange tokens. As far as I know, those were the most successful altcoins on the market, especially tokens from Binance, Huobi, Bitmax and Kucoin. Fresh projects are just following the trend, but any trend comes to an end sooner or later.
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