New projects willing choosing bad exchanges? - page 3.

TopT3ns

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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.

TheClownSong

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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?

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.

sulendra12

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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?

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.

Innocant

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Most of them are like that after doing IEO it was listed in a bad exchange site until they drop the price and gone. I saw some project like that not only once but almost them, And I dont understand on why did not put in already to a good exchange site so that there will be going a popular for us.

reza7777

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- TIM doesn't have enough funds to conduct an IEO on a large exchange.
- The TEAM is planning to escape easily because I see exchanges like p2pb2b, vindax and Latoken don't strictly verify a project team, so low quality projects can do IEO easily there.
- I also saw that some teams didn't know about the reputation of the exchange.

LbtalkL

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It is simply because they cannot afford to launch an IEO on top exchanges and those sh*t exchange maybe only charges a little that is why, Maybe they think it is better than nothing but they didn't know it will damage and bring down their project. Most of those exchanges you have mention have fake volume generated by bots. That is why most projects that are listed there are dump to the bottom.

P2pb2b has so many scam accusations here on bitcointalk this is one of the threads.
https://bitcointalksearch.org/topic/p2pb2b-scammers-resolving-scam-alerts-and-misunderstandings-5209604

serjent05

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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?

I believe this is the exchanges that have low requirements to be listed aside from the cheaper listing fee. High profile exchanges have high-level requirements and I think these project does not meet them.

As a legit project, of course they aim is to be listed on top tier exchanges but due to lack of funds, they are willing to be listed on these small exchanges. Aside from that, the pressure from the community may also be the factor why they choose to be listed on small exchanges since it is the easiest/fastest one to be listed.

ecnalubma

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They list to those exchanges because its cheaper there compare to high end exchanges. Well no matter where they list their coins or tokens the important is if they could sell those things. But if the project is too attractive or feasible investors will still buy it regardless to where exchanges they are listed in.

bigcash2011

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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?

Perhaps they do not have anyother option because bigger exchanges have tough ieo listing criteria, secondly they only choose and list one project at a time so they cannot entertain most of the other projects.
I am in favor of giving all these small exchanges a chance and some time if they will be serious and professional these small exchanges have the chance for excellent growth and may be grow into a big exchange soon so as we do not have many options in the market so i think we should encourage them and they should keep things professional and need to improve the quality to stand out, i like competition and i will be happy if a couple of these exchanges grow big and compete with big ones out there next year.

bitgolden

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Well, there is two possibilities in situations like this. One possibility is that they want to work with shady exchanges because they are shady and they want to do shady stuff together to make as much money as they can without worrying about the investors or anyone else, which has happened and I have seen it, I have even seen exchange owners who will exit scam notify project owners beforehand so they could withdraw their money as well, not openly but secretly.

The other option is they have no other option and it looks willingly, if they have any personal reasons why they can't go to any better place and have to pick a bad exchange we can't really know the story behind it. Since there are thousands upon thousands of coins, I really don't need to care, I move on to something new.

smyslov

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Quote from: Barbut on June 08, 2020, 07:24:55 AM

New projects are forced to accept any offer to be listed on any exchange, only if they are lucky to have that offers, usually exchanges ask for money! The bigger exchange asks for more money, and team is in the problem, they don't have money to pay to be listed in a good exchange, there are no offers, hunters ask every day about listing on any exchange, just to sell. My opinion is that it's better for a team to wait for the project to be developed, only then to get listed.

But investors are asking for exchange so they can see it's value in the market, and besides if the project is good exchange will list it without a fee like what happen to IDENA a testnet project that is now trading on two exchanges, exchanges are more than willing to list projects that are unique and with community that will support trading the coin or token in their platform

ancafe

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currently, some IEO projects have reduced sales on p2pb2b, latoken, and some exchanges that are considered poor in running IEO. at the moment, I see that most projects do IEO on probit, and the quality is 50:50. however, I see that the current development of IEO is quite good. it's only a matter of time until they make a sale in a large market because that will encourage their project. Yeah, but only projects that are really ready will do IEO in binance.

acdc

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In the current situation, most projects are very difficult to attract capital from investors so their budget is not enough to be listed on large transactions. However, there are many good projects in bad exchange, and there are many bad projects on good exchange. If anyone decides to invest in a project it is best he should take care of the project itself instead of discussing where it is listed.

RabbiTANK

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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 do know that listing on top exchanges isn't gonna cost just few pennies right?? Many developers have no other ways to raise money for their project that find ways to market the project and use money to list on good exchange, that is even if the project attracts lots of investors, for many projects it's different story

FanEagle

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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?

Bad exchanges in term of what reference? We are the community we may bring changes if we all start ignoring those exchanges then devs will move to good exchanges. Moreover, small exchanges are charging small fee for conducting IEOs and this could be the reason why some devs looking for those exchanges; I'm sure when such exchanges are always accommodating scam devs then they cannot sustain into this highly competitive crypto exchange business.

Honestly I never bother about IEO and investing with them. After lots of bad experience with ICOs, I just started ignoring them. I am staying only with bitcoin which helped me save more number of bitcoin rather than collecting useless coins/tokens unlike how most other people are sharing these days.

Romeotom

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It's depends there sufficient capital because if they're do not manager comfortably capital for listing exchange fess then never possible popular exchange. Although if a project manage IEO with p2pb2b, vindax and Latoken free exchange then you can confirm this is unless project and future blind.

Reid

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It could be, they don't know what they are getting into or they want it cheap.
Pick one of those.

They cannot choose Binance or they are going to pay a lot.
Neither OKEx nor Kucoin.
They are doing the IEO to make money and not to spend more. That is why.

tiang_tower

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Quote from: Dariusburst on June 08, 2020, 03:11:54 AM

Or probably they choose those exchanges using Coinmarketcap rating? CMC still rates p2pb2b as a top exchange and that's very confusing and annoying.

If the developers see exchange rates in CMC, then they will be wrong in evaluating them and they will get stuck on bad exchanges, because if I look at exchange rates, I agree more on coingecko sites than CMC sites.

Quote from: Dariusburst on June 08, 2020, 03:11:54 AM

Some project team don't even know the difference, they only find exchanges that won't charge them much for listing

If the developer or team is looking for exchanges that do not burden them, then their token values will quickly be destroyed and their projects will also be difficult to develop, it is better not to make projects so that the burden is not there, rather than having to choose an exchange that does not burden them.

totoy4741

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

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

While those exchange you mention only ask for lower fees and exchange will not review their project before they can be listed on it ,unlike popular exchange that they are also reviewing every project before giving a signal to be listed.

That could be one of the factor, since those are start up projects and don't have enough fund to get it listed in a big exchange so choosing low fees exchange is one of their options in order to role out the project to attract investors. But still anything is possible, who know some porjects might hit the jackpot(raised enough fund) then get listed into a bigger exchanges in order to be a successful in their venture.

coin-investor

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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 cannot afford to get into the top exchanges in the market, every project's dream is to get into the top exchanges in the market, they can only get on exchanges that their budget is allowed, and from there they are hoping to make more sales and move on the top exchange, they just want a crowd sale then move on to top exchanges in the future.

Topic: New projects willing choosing bad exchanges? - page 3. (Read 1078 times)