New projects team failed to listen to advice about bad exchanges - page 2.

Iyanu14

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Quote from: RabbiTANK on July 15, 2020, 10:56:04 AM

Some projects have good use cases but they ruined everything with a simple mistake of using small exchanges for fund raising, exchanges like p2pb2b, vindax, exmarket, sistemkoin won't do any good, what's more surprising is that majority of new projects don't like listening to advice, you warned them about these exchanges but they still go ahead of use these useless exchanges and in the end they will say they failed to raise funds, who is to be blame for this?

Projects listing or raising funds on big exchanges is not easy at all, very costly. That's why some projects chose small or shit exchanges for listing at little or no cost. In the other hands, some project team also chose them in order to carry out their underlying scam related motives. For example, they can just dump their team tokens and run away any time.

dothebeats

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Cashback 15%

That's because they're cutting costs in order to deliver more to people, or so they think that's how it goes. They fail to realize that the most crucial step in introducing their product to the market is by placing it on a platform where most people are actively engaging in trades and not some obscure platform just to save a dime or two. Some of them might be good, yes, but the way their decision ends up with mediocre exchanges really just gets you how poor their decision-making skills are. Most teams are even using signature campaigns aside from registering on a known platform just to get their voices heard, and most of them got the results that they wanted. If a team is incapable of making such decisions, then I guess supporting what they offer is a terrible idea to begin with.

Synerggy

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Futiracoin.com

Quote from: adzino on July 15, 2020, 12:46:45 PM

They have no other option but to choose those lesser known exchange. I mean, based on how many scam projects pop up every now and then, I doubt well known exchanges will be willing to risk their reputation by listing those new project tokens on their exchange.
And do you really think that they failed to raise funds because of choosing a "small" bad exchange? I doubt that.

Are you saying that new projects still raise funds successfully using exchanges like p2pb2b? That exchange hardly have good investors, I doubt this your point mate, projects that use p2pb2b can't even raise soft cap target easily

adzino

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www.Crypto.Games: Multiple coins, multiple games

They have no other option but to choose those lesser known exchange. I mean, based on how many scam projects pop up every now and then, I doubt well known exchanges will be willing to risk their reputation by listing those new project tokens on their exchange.
And do you really think that they failed to raise funds because of choosing a "small" bad exchange? I doubt that.

nutriagrigia

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I think that those projects that try to cooperate with such terrible exchanges are initially scams. we all understood a long time ago that it is not necessary to use these exchanges and therefore do not invest in such projects.

Refrumatrix

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$CYBERCASH METAVERSE

Don't take this personal OP because they did it intentionally, everyone knew how bad exchanges like p2pb2b and Latoken are, any project that lists on these exchanges know what will happen, it's a waste of time warning the team, id say better avoid such projects cos nothing good will come out from the project

Surrapatt

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Quote from: Rowenta on July 15, 2020, 11:32:32 AM

It's really pointless to blame new projects that choose exchanges like p2pb2b exchange to raise fund because I'm 100% sure they knew what that will earned them already, what's more confusing is bounty hunters who still choose p2pb2b exchange bounty projects to promote, it shows that some bounty hunters don't know what they are doing honestly

Yes, so in this case what should be blamed and directed are hunters who do not know what they are doing honestly, it is very good to tell them not to promote projects that choose bad exchanges like p2pb2b to raise funds.

ryzaadit

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We have a few problems for this case:

The project can't really payed a big exchange who have a good reputable reputation.
The project cannot pass due to diligence on reputable exchange end they decide to list their token on some exchange who doesn't really care about due diligence.
Too much people asking "when exchange" to make this user "shut up" they listed the token ~LOL. Some people still thinking a token has been listed on exchange is an legitimate project.

Well, Just move one, don't if their project so we not really care to much about them. The smart guys will seen if the project good or bad.

Eco_111

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Quote from: RabbiTANK on July 15, 2020, 10:56:04 AM

Some projects have good use cases but they ruined everything with a simple mistake of using small exchanges for fund raising, exchanges like p2pb2b, vindax, exmarket, sistemkoin won't do any good, what's more surprising is that majority of new projects don't like listening to advice, you warned them about these exchanges but they still go ahead of use these useless exchanges and in the end they will say they failed to raise funds, who is to be blame for this?

You are wasting your time warning them not to list on p2pb2b exchange and other bad exchanges, they already know where they are going, any projects that use any of these bad exchanges have no good intent right from the start, p2pb2b exchange is a scammer and shit coins projects den

Rowenta

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It's really pointless to blame new projects that choose exchanges like p2pb2b exchange to raise fund because I'm 100% sure they knew what that will earned them already, what's more confusing is bounty hunters who still choose p2pb2b exchange bounty projects to promote, it shows that some bounty hunters don't know what they are doing honestly

Spaffin

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Quote from: RabbiTANK on July 15, 2020, 10:56:04 AM

Some projects have good use cases but they ruined everything with a simple mistake of using small exchanges for fund raising, exchanges like p2pb2b, vindax, exmarket, sistemkoin won't do any good, what's more surprising is that majority of new projects don't like listening to advice, you warned them about these exchanges but they still go ahead of use these useless exchanges and in the end they will say they failed to raise funds, who is to be blame for this?

I think that if you study this issue and read the listing and de-listing rules, as well as the conditions that certain cryptocurrency exchanges set for the project team, then it will become clear why many projects cannot afford listing on the most rated cryptocurrency exchanges, and also why some teams do not want this. it happens when a team cannot pay the down payment requested by the exchange according to the listing conditions. but there are other cases, when developers do not seek to get on the largest and most rated exchange, as this may expose their activities. at least any cryptocurrency exchange has much more opportunities for analyzing one or another new project in order to identify all the possible risks of cooperation with this project, and these opportunities are much greater And stronger than any investor or trader whom developers can always easily deceive .

Zeehaxan

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WhalesHeaven - Custody Free Swap Exchange

Quote from: RabbiTANK on July 15, 2020, 10:56:04 AM

Some projects have good use cases but they ruined everything with a simple mistake of using small exchanges for fund raising, exchanges like p2pb2b, vindax, exmarket, sistemkoin won't do any good, what's more surprising is that majority of new projects don't like listening to advice, you warned them about these exchanges but they still go ahead of use these useless exchanges and in the end they will say they failed to raise funds, who is to be blame for this?

Exactly i have seen even some good projects listing at low volume exchanges for both fundraising and trading but in the end they are unable to raise there target amount and even if they continue the project after that the price of their token keeps sinking because of low volume and now or low buy orders.

bussybuddy

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PredX - AI-Powered Prediction Market

Quote from: RabbiTANK on July 15, 2020, 10:56:04 AM

Some projects have good use cases but they ruined everything with a simple mistake of using small exchanges for fund raising, exchanges like p2pb2b, vindax, exmarket, sistemkoin won't do any good, what's more surprising is that majority of new projects don't like listening to advice, you warned them about these exchanges but they still go ahead of use these useless exchanges and in the end they will say they failed to raise funds, who is to be blame for this?

I believe they know it is a bad exchange and a scam, but they have no other choice. They do not have the budget to go to larger exchanges, so they will opt for those small exchanges because its listing fee is very cheap, sometimes free.

semobo

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Quote from: RabbiTANK on July 15, 2020, 10:56:04 AM

Some projects have good use cases but they ruined everything with a simple mistake of using small exchanges for fund raising, exchanges like p2pb2b, vindax, exmarket, sistemkoin won't do any good, what's more surprising is that majority of new projects don't like listening to advice, you warned them about these exchanges but they still go ahead of use these useless exchanges and in the end they will say they failed to raise funds, who is to be blame for this?

Listing on good exchange like binance is not easy as you think even if they have all the criteria met they need to pay huge among for IEO that is why some projects choose small exchange and get ruined by themselves due to the bad reputation of the exchanges.For those kind of projects ICO is really good to be honest because in the long term they have chance to emerge as big projects.

bhadz

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Quote from: RabbiTANK on July 15, 2020, 10:56:04 AM

Some projects have good use cases but they ruined everything with a simple mistake of using small exchanges for fund raising, exchanges like p2pb2b, vindax, exmarket, sistemkoin won't do any good, what's more surprising is that majority of new projects don't like listening to advice, you warned them about these exchanges but they still go ahead of use these useless exchanges and in the end they will say they failed to raise funds, who is to be blame for this?

They won't listen to any single little person to voice out a good suggestion. They have planned it all along even before you have suggested them, they will list it to those kind of exchanges and will abandon the project.
If they are concern with the project they do, they will push through the limits and get a better exchange for the satisfaction of their investors.

ahmia39

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There is nothing to blame in this case, the project team that chooses a small exchange for their new project is their full rights, even though it is not good for the project, but their abilities are limited to that, only what I am surprised is that the bounty participant has already knowing this still participates in projects like that. Grin

RabbiTANK

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Some projects have good use cases but they ruined everything with a simple mistake of using small exchanges for fund raising, exchanges like p2pb2b, vindax, exmarket, sistemkoin won't do any good, what's more surprising is that majority of new projects don't like listening to advice, you warned them about these exchanges but they still go ahead of use these useless exchanges and in the end they will say they failed to raise funds, who is to be blame for this?

Topic: New projects team failed to listen to advice about bad exchanges - page 2. (Read 275 times)