New launchpads following the success of Binance

joniboini

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Quote from: sweetbet on March 28, 2019, 05:53:23 PM

Binance is definitely one of the best, if not the best crypto exchange out there. however, in regards to the Launchpad sessions, the rules of participation have significantly changed. https://cointelegraph.com/news/binance-changes-launchpad-token-sale-format-to-lottery

Yeah, the FCFS war certainly piss people off, and we've seen massive dump after each IEO, so they need to fix that by providing this lottery and hold thing. Almost every exchange tokens gain significant momentum lately due to Binance IEO success. But this could change if they don't provide IEO any longer. Interesting to see how many projects left to be IEO'ed.

sweetbet

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Binance is definitely one of the best, if not the best crypto exchange out there. however, in regards to the Launchpad sessions, the rules of participation have significantly changed. https://cointelegraph.com/news/binance-changes-launchpad-token-sale-format-to-lottery

BitHodler

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Quote from: 1Referee on March 24, 2019, 05:40:23 PM

Binance single handedly is making sure that Ethereum & Co are much less of an interesting option to build on.

This is bad, very bad. What makes things even worse is that Binance is working on offering Ethereum based tokens an easy way to switch to their Binance chain, which only seems to be a matter of time.

I never thought of a centralized attack factor like this to be so easily catching up on Ethereum. I have to see how turing complete the Binance chain really is, but if they sorted that out as well, Ethereum's position is at stake.

This is what makes Bitcoin so solid. Instead of trying to serve several aspects of an entire industry, Bitcoin sticks to one aspect of it and does very well there. Simplicity is what it comes down to.

Let's see how long Binance can keep this up.

elda34b

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Quote from: 1Referee on March 24, 2019, 05:40:23 PM

Lol. Binance single handedly is making sure that Ethereum & Co are much less of an interesting option to build on.

Did anyone pay attention to how little use the dApps on Ethereum experience? It's piss poor and only a matter of time before Binance takes over even the last bit of Ethereum's use. Tokens are only out to achieve one thing, which is to get listed on Binance and access their massive pool of liquidity.

That will certainly happen, unless regulations somehow strike Binance with full force. I don't like Binance monopoly but they sure have some power to do things like that. Well, as long as it don't turn into a new form of 'centralised banking' then I'd be fine with it.

1Referee

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Lol. Binance single handedly is making sure that Ethereum & Co are much less of an interesting option to build on.

Did anyone pay attention to how little use the dApps on Ethereum experience? It's piss poor and only a matter of time before Binance takes over even the last bit of Ethereum's use. Tokens are only out to achieve one thing, which is to get listed on Binance and access their massive pool of liquidity.

Bitcoin_Arena

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Quote from: bisdak40 on March 24, 2019, 08:32:58 AM

The good thing for this ICOs which are being launched on Binance is that investors are sure to gain profit from their investments after being listed on exchange. For the 3 projects that launched on Binance, all have not yet hit below ICO price as of this writing. The downside IMO is that people who bought the coin/token on the exchange were the ones who suffered the loses.

Really?
It's Just a trend. Just like we saw with airdropped tokens and ICO tokens where holders made lots of money through trading off to other buyer in exchanges before the hype died down.
Wait when traders realize and stop buying those tokens from exchanges after the IEO has ended. That is when you will see the original investors holding bags and bags of tokens whose value will be dropping daily because people are not interested in the over hyped tokens anymore.

spadormie

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Binance really has an edge on all cryptocurrency exchange because of IEO launching in their platform. And, have you seen the success of each? Bittorrent and Celer got sold out with just below 20 minutes. I wonder how many more projects will conduct its IEO in binance because of these success.

bisdak40

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Quote from: OmegaStarScream on March 24, 2019, 07:01:42 AM

so people might invest much more money than they usually would which is not a good thing If the outcome of these ICOs don't manage to deliver.

The good thing for this ICOs which are being launched on Binance is that investors are sure to gain profit from their investments after being listed on exchange. For the 3 projects that launched on Binance, all have not yet hit below ICO price as of this writing. The downside IMO is that people who bought the coin/token on the exchange were the ones who suffered the loses.

OmegaStarScream

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I understand that Binance is reputable and wouldn't be adding scam ICOs that they don't do a background check on but I still think that this is not the way to go, exchanges are doing this for the money, that's understandable but they're also giving more credibility to these projects, so people might invest much more money than they usually would which is not a good thing If the outcome of these ICOs don't manage to deliver.

Eugen225

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Apparently, every first ico on the launchpad will give X, as the exchange at least initially needs to fuel interest in subsequent projects with good profits for investors.
I advise everyone to get tired and try to take part in each of the projects for an acceptable part of the deposit.
The main thing is to prioritize correctly and correctly applies to investments. These projects in my opinion will be successful for investors.Share your thoughts;)

https://imgur.com/SD8YyWO
https://launchpad.binance.com/

Topic: New launchpads following the success of Binance (Read 212 times)