New projects willing choosing bad exchanges? - page 2.

Bezobraznike

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Quote from: litepool.ru on June 09, 2020, 06:59:10 AM

Quote from: Mighty_crypt on June 09, 2020, 03:03:07 AM

Quote from: JHORN on June 08, 2020, 01:54:19 AM

What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays? Every single IEO I see or should I say 90% of new projects are choosing these exchanges for fund raising even when they know there chance are slim....I don't just get it, are they willing choosing these exchanges?

You think all new projects that go p2pb2b are here to scam people? You are wrong, some project team have different plans, like listing on small exchanges in the beginning and listing on big exchanges later and some don't have enough money to use better exchanges

It is best to try to choose the medium exchange in this market. It will make their project easier to succeed in the future. If they list it in P2PB2P or Latoken, then their project will likely crash and the price will crash many times, after which the project will die.

Many coins listed on LaToken areblisted on many other exchanges. I wouldn't
classify these exchanges, and I don't think the same about exchanges and coins. If
you don't like them don't trade there, don't buy or sell anything there, its up to you.
But projects on other side deserve support, if they started from some low exchange
with bad reputation can slow their progress, but it can't stop it.

litepool.ru

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Quote from: Mighty_crypt on June 09, 2020, 03:03:07 AM

Quote from: JHORN on June 08, 2020, 01:54:19 AM

What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays? Every single IEO I see or should I say 90% of new projects are choosing these exchanges for fund raising even when they know there chance are slim....I don't just get it, are they willing choosing these exchanges?

You think all new projects that go p2pb2b are here to scam people? You are wrong, some project team have different plans, like listing on small exchanges in the beginning and listing on big exchanges later and some don't have enough money to use better exchanges

It is best to try to choose the medium exchange in this market. It will make their project easier to succeed in the future. If they list it in P2PB2P or Latoken, then their project will likely crash and the price will crash many times, after which the project will die.

Mighty_crypt

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Quote from: JHORN on June 08, 2020, 01:54:19 AM

What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays? Every single IEO I see or should I say 90% of new projects are choosing these exchanges for fund raising even when they know there chance are slim....I don't just get it, are they willing choosing these exchanges?

You think all new projects that go p2pb2b are here to scam people? You are wrong, some project team have different plans, like listing on small exchanges in the beginning and listing on big exchanges later and some don't have enough money to use better exchanges

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Quote from: sulendra12 on June 08, 2020, 04:56:26 PM

Quote from: JHORN on June 08, 2020, 01:54:19 AM

What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays?

It's easier for them to get more money even though no one actually invest on that shit exchanges. It's full of garbage shit and have less volume than the others great exchanges out there. It would take for them more than 6 rounds to actually even get "dust" amount of money.

Not from the stuff I see out there though,,, seems like some people actually spend small amounts on p2pb2b and on LAtoken. If 100 people spend $100 it is already $10,000 which they can say is a success for a scam ICO.

They do 6 rounds and it becomes a lifetime income for most people here.

ancafe

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Quote from: lienfaye on June 09, 2020, 12:19:54 AM

A legit project will choose a reputable exchange to host their ieo, however its not easy for the part of the dev because it depends on their budget. We know popular exchange has high fees in order for your coins to get listed.

On the other side choosing these exchanges mentioned by op might an indication of the project to fail though not all. Its just that there's a high chance to happen so think before investing.

That's exactly how I feel too, if the project really mean something to the team they will find means on getting listed on better exchange, they knew what will happen I'm the end if they get listed on p2pb2b exchange, I won't dare trust new projects that head for such exchanges

registering a project on a bad exchange only causes the quality of the project to decrease. however, this is indeed a matter of funding. many projects want to do IEO on popular markets, it's just that the money spent is not small. however, this is a challenge for every development team. the rush will only show poor quality

TanakabZX

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Most new projects aren't well prepared that's why always end up on exchanges like p2pb2b or latoken, they aren't stupid enough not to know the difference between Latoken and Okex or binance, they do this on purpose because they don't care much about the project

Quote from: lienfaye on June 09, 2020, 12:19:54 AM

A legit project will choose a reputable exchange to host their ieo, however its not easy for the part of the dev because it depends on their budget. We know popular exchange has high fees in order for your coins to get listed.

On the other side choosing these exchanges mentioned by op might an indication of the project to fail though not all. Its just that there's a high chance to happen so think before investing.

That's exactly how I feel too, if the project really mean something to the team they will find means on getting listed on better exchange, they knew what will happen I'm the end if they get listed on p2pb2b exchange, I won't dare trust new projects that head for such exchanges

[moderator's note: consecutive posts merged]

New_order

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Any new projects that go on p2pb2b exchange and latoken exchange will surely lose value very fast, these exchange are dream killer for new projects but it seems the team don't care, not all team are qualify to create crypto project

culuuton

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Quote from: Kotone on June 09, 2020, 12:09:30 AM

I really dont like that latoken and p2pb2b exchanges. If I encounter a projects that affiliated with these two I am changing my mind participating with the campaign that promotes or will be listed here. Usually campaigns have been announced always if they gotta listed here, and they dont even mind broadcasting it. Compared to major exchanges, this tactic does not help them attract investors but just avoiding it instead.

I also didn't choose IEOs on these exchanges, it was unattractive because most of them dropped very quickly. Inefficient projects will choose bad exchanges, I think they have the knowledge but they choose them because their products are too bad.

lienfaye

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A legit project will choose a reputable exchange to host their ieo, however its not easy for the part of the dev because it depends on their budget. We know popular exchange has high fees in order for your coins to get listed.

On the other side choosing these exchanges mentioned by op might an indication of the project to fail though not all. Its just that there's a high chance to happen so think before investing.

Kotone

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I really dont like that latoken and p2pb2b exchanges. If I encounter a projects that affiliated with these two I am changing my mind participating with the campaign that promotes or will be listed here. Usually campaigns have been announced always if they gotta listed here, and they dont even mind broadcasting it. Compared to major exchanges, this tactic does not help them attract investors but just avoiding it instead.

Gayong88

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You are right. I also hope that the project that will be released at least has a market, even though on the way to a large and familiar market step by step it takes time and process but at least this is a Bonafite pattron whether or not a project.

dragon695

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Quote from: lobo13hf on June 08, 2020, 10:13:26 PM

Quote from: ?? on ??

Large exchanges charge high fees for IEOs, and their audits are relatively strict. New projects may not have so much budget to launch IEOs on large exchanges, so they can only choose small exchanges. On the other hand, some people who invest in digital currencies now do not really understand the digital currency market. They may have just googled for a while and then decided where to conduct IEO

How much fees that needed to be listed on the exchange site depends on the agreement between the team from exchange site and ico.

Sometimes the team from exchange sites was taking the fees from the total amount raised during the crowdsale.

Yeah that's my doubt also. If the project team is about to launch their IEO, they should allocate their capital from the first stage to save some money for the fee. However, launching IEO in small exchanges isn't necessarily bad. The thing that we need to consider carefully is the project's plan. Once the project is believable, the exchange doesn't matter that much.

lobo13hf

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Quote from: ?? on ??

Large exchanges charge high fees for IEOs, and their audits are relatively strict. New projects may not have so much budget to launch IEOs on large exchanges, so they can only choose small exchanges. On the other hand, some people who invest in digital currencies now do not really understand the digital currency market. They may have just googled for a while and then decided where to conduct IEO

How much fees that needed to be listed on the exchange site depends on the agreement between the team from exchange site and ico.

Sometimes the team from exchange sites was taking the fees from the total amount raised during the crowdsale.

princeyeboah

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It all comes down to the fact that the project is legit or scam. No authentic project will intentionally love to be on a bad or poor servicing exchange. Sometimes, the advisors and marketing team of the project may not be experienced enough to make quality decisions for the project hence end up getting listed on low quality exchange. This is why is is very imperative to always look into the project before investing.

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Quote from: NS-Soul on June 08, 2020, 06:39:07 PM

Quote from: JHORN on June 08, 2020, 01:54:19 AM

What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays? Every single IEO I see or should I say 90% of new projects are choosing these exchanges for fund raising even when they know there chance are slim....I don't just get it, are they willing choosing these exchanges?

They don't have enough knowledge on that exchange they didn't do some background checking so they run their IEO on that or they are lack of funds to do IEO on big exchange and they grab the opportunity on it and give them some offer that they think it was good but in the end of the campaign it was not good to be on that exchange.

They have known about that but the problem is those people are not having a good competence in filling all of the criteria that have already published by the major exchange site as the requirement for the new coins.
They didn't have the skill to do that

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Quote from: Jawhead999 on June 08, 2020, 03:09:56 AM

Probably it's because they don't know P2PB2B, Vindax, Latoken, etc are bad exchanges, hard to get listed on trusted exchanges, or they doesn't have enough budget to do it.

Every project is always want to get listed on top and trusted exchanges (e.g. Binance), but it's hard to get approved. I don't think if they doesn't know the good exchanges and only listed on random unknown exchanges.

If I see these exchanges which the project I followed will be listed, I usually avoid them. Like, if they are really serious with their project, will they list it in a trash exchange? If you want to boost the popularity and increase the number of investors, listing in top exchanges are good. That is why if a coin listed in binance, it isn't questionable for the genuinely of the project. It just a matter on how they will develop it.

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Quote from: Rodeo02 on June 08, 2020, 03:07:33 AM

I think they don't have enough budget to list their coins in popular exchange like binance or kucoin to make an IEO.

Agree, it is all about funds to list the tokens. Most of the new projects are purely new ones that surely have small funds to provide IEOs. This is the main reason why they choose small exchanges with a bad reputation because they just spend low funds there. It is much different if they choose Binance, Bittrex, KuCoin, OKEx, or other top exchanges, they must spend a big amount of money.

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Quote from: JHORN on June 08, 2020, 01:54:19 AM

What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays? Every single IEO I see or should I say 90% of new projects are choosing these exchanges for fund raising even when they know there chance are slim....I don't just get it, are they willing choosing these exchanges?

They don't have enough knowledge on that exchange they didn't do some background checking so they run their IEO on that or they are lack of funds to do IEO on big exchange and they grab the opportunity on it and give them some offer that they think it was good but in the end of the campaign it was not good to be on that exchange.

HunterUnchained

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Be it as it may, I don't think this projects willing choose bad exchanges but they chose the mid tier or low tier exchanges because they somehow can't afford the fees required for the top tier exchanges which is understandable. Most of these top tier exchanges have raised their standards and bar even further, making it extremely difficult for any upcoming project to negotiate favorable deals with them. Projects subsequently have to settle for these exchanges just to continue their developments and interaction.

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Quote from: TopT3ns on June 08, 2020, 05:43:32 PM

Quote from: TheClownSong on June 08, 2020, 05:10:03 PM

Quote from: JHORN on June 08, 2020, 01:54:19 AM

What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays? Every single IEO I see or should I say 90% of new projects are choosing these exchanges for fund raising even when they know there chance are slim....I don't just get it, are they willing choosing these exchanges?

Maybe the consideration made by the developer team choosing an exchanger like that is because it is cheaper. I think all new projects crave to do IEO in Binance or Okex but the big exchanger must be doing strict verification and also doing quota in doing IEO.

one of them might be because of the low cost but it might also be because the developer sees the trading volume at the place of exchange which in my opinion has an important role so the developer chooses this place of exchange to do an IEO, but this place of exchange has had a bad case.

If they are looking for the trading volume, then they are looking it in the wrong place because those exchanges have bad reputation regarding wash or fake trading. I think, it is more on the fees for listing as they are relatively cheaper as compared to known exchanges. But with bad reputation, whenever a project is listed on those mentioned exchanges, don't expect that they will survive long as it might be pump and dump coins only, no real use case in the market.

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