New projects willing choosing bad exchanges?

CryptopreneurBrainboss

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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're been forced to as they have no other options but to work with exchanges that are willing to work with them. The very reputed exchanges like binance and their likes charge outrageous fees that most project can't afford and still stay on track in regards to minimizing their expenses.

The reputed exchanges also have their downside so probably some are willing choosing this smaller exchange over the big ones as projects that successfully complete their crowdfunding and get listed immediately get dumb heavily unlike on the smaller exchanges as all Investors are hopinyti make quick profit or minimize lost.

sky_Gritzz

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Quote from: semobo on June 09, 2020, 04:20:10 PM

Its very simple, scam projects chooses scam exchanges to promote.But people who are involved in this are inexperienced scammers because they don't know that no people would trust them if their project gets promoted by a shady exchange.

but few good project used the new exchange to make many portofolio if them already listed in many exchange event they are just small and "maybe" scam exchange to proof investor

Quote from: eidoscore on June 09, 2020, 04:08:01 PM

there are have few factor, and the big factor is developer don't want spend much money for listed their token/coin to big exchange, and another reason maybe they just want to listed in exchange even that exchange is shit

maybe yes mate that argue make sense, LoL Grin

kindbtc

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I think the solution to IEO launchpads and hosting on low quality exchanges is the regulations, all such exchange sand platforms should be regualyed by some global financial authority and all these paltforms should also seek clearance and license for a new project before hosting a new IEO, this will not only filter out bad quality projects but all these IEO hosting exchanges will also be monitored and they will not be able to host low quality projects and investor will also benefit massively from such a situation.

semobo

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Its very simple, scam projects chooses scam exchanges to promote.But people who are involved in this are inexperienced scammers because they don't know that no people would trust them if their project gets promoted by a shady exchange.

eidoscore

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there are have few factor, and the big factor is developer don't want spend much money for listed their token/coin to big exchange, and another reason maybe they just want to listed in exchange even that exchange is shit

ScamViruS

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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?

Because their budget is low. Listing IEOs on large exchanges requires large funds. And another important thing here is the listing process and rules. They know their project will not accept another big exchange because they have some problems with their project. The exchanges you are talking about are bad exchanges. So it's easy to list here.

qazgroup

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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 do not know why after crypto market has grown so big and mass adoption is around the corner still we have so less options of quality exchange platforms especially IEO launchpad platforms as market only takes 2 or 3 launchpads as a guarantee of success while we need many more because there are dozens of projects lined up to launch, the only solution is that we should have more options and i think the number of quality ieo launchpad platforms is low at the moment and we should atleast need 20 to 25 quality platforms or some low reputed platforms can take advantage and investor can lose which is not the scenario community wants.

zuziekatee

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It's not an easy feat to list on top exchange as it requires a huge budget because it has a higher percentage of success to raise money and trade at good price. Many new project don't want to spend huge on listing or don't have the funds to do so.

Marble777

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I see the same thing that there are many new projects and most of them choose shady exchanges like p2pb2b, vindax and Latoken. but whatever it is knows the reason is only the developer itself. maybe, according to them that's the best way to attract the attention of investors. but not for me.

timmmers

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This is caused by two factors, the first is the fact that IEOs are now not as popular as in the past, so they raise less money and it is no longer as interesting for reputable exchanges as before. Secondly, the exchanges are full and they do not want to list more coins because it would slow down the exchange and the user experience will be worse.

wozzek23

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I had talks with binance before, of course they weren't as big as they are right now but we talked with them to list our coin probably about a year after they got started. They were still big, they were probably still the biggest exchange in the world, but it was just a year or so later, about December 2018 or so. They told us it would take 50 bitcoins to list us, that's it, just 50 bitcoins and we would be listed. Now I am not saying binance is still doing it, they probably moved on from that however when developers can't pay that kind of prize, they won't be able to list it.

Another exchange asked for 8 bitcoins and we couldn't afford that neither we didn't do a funding process (ico or ieo or whatever). This is the reason why many go to places that asks no upfront payment from you.

Nalbo

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No one would willingly choose a bad path. It's the circumstances that makes them do so. Projects needs either some high level links or partnership to reach in a popular exchange or they need to give some hefty fees. If they have none of those options, they go with lesser known exchanges.
Still in my opinion, bad exchanges like Yobit and Livecoin actually self bring those scammy project and list them themselves.

Festac

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Recently I haven't seen projects still doing Initial exchange Offering in these exchanges you listed,like the likes of P2pb2b or vindax, why would developers go to these two exchanges? It still baffles me. What is I see mostly is Probit and I think they are a bit fair.

Then you aren't just looking enough, do some research at least on some bounty campaigns that's still ongoing this year, presently Youengine is using latoken and p2pb2b exchange to raise fund, I raised alarm about the Exchanges on their group but team said they have plans for other exchanges too

bukham88

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exchanges do not arbitrarily accept IEO, they are too selective because the quality of the coin also determines the quality of the exchange, therefore the IEO project switches to poor quality exchanges because no one wants to accept it.

Balladtony77

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Quote from: ?? on ??

Sometimes they're willing as you mentioned, but sometimes they're just forced to it because of the budget they only have to get their project listed at.
If listing in reputated exchanges like Binance was easy then every coins could've made their way there already but we can all see that not all coins do.
It is just up to the listing fee, in general.

The word 'easy' is what makes these exchanges like p2pb2b worthless and useless, imagine if binance makes things easier for new projects, before you know it Binance exchange will turn into another crappy exchanges just like p2pb2b, binance team don't just allow every God damn project on their exchange even if they can afford the money, for binance it's more than just the money, CZ has lots of reputations to protect, why can't other exchanges team work hard to become like Okex or binance? Huh

Winscosinally

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Scam projects will choose p2pb2b exchange over others because these exchange only requires little money to get listed on their exchanges and scammers won't like spending much on their trap projects, seriously p2pb2b is out of my league, Probit and upbit are way better

Samayuki

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P2PB2B exchange and others like it have bad reputations, people hardly use them because they have bad customer services, fake trading volume, that's why tokens and coins perform worse of these exchanges, many good projects are on p2pb2b exchange and Latoken, it's just that the Exchanges are bad

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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.

I think we must identify whether the project can meet the requirements or not. This is the main problem faced by so many projects. Crap exchange means the project doesn't meet the qualification that has already applied as a requirement to be listed.

tiang_tower

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

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

Yes, if we examine in depth, the average project that enters the p2pb2b exchange is a good project, it's just that the bad reputation of the p2pb2b exchange can affect people's trust in the token project itself, and can result in undeveloped development smoothly on the project.

forexandcryptoauditor

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Yes, nowadays, big projects (Sheng Global is an example I know) are choosing these exchanges. The primary reason to choose exchanges other than top exchanges is budget which required to hold IEO on such exchanges.
I see this is an opportunity for these exchanges to grow confidence in their users as well as to upcoming projects.

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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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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.

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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

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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.

Tipstar

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Good exchanges won't take just any projects as they are going towards making themselves a good reputation. They have a strict norms to follow and prerequisites for project are strict which are difficult to fulfill. Some popular exchanges do list coins for a fee but some new projects can't afford to spend 100s of bitcoin just for listing. All that left are the third grade exchanges.

Divinespark

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To be listed at major exchanges, Exchange will require a lot of things from the project. And those projects need to prove they're eligible to be selected and in addition they need to pay large sums to be listed. But for small exchanges, they can list there for free

Barbut

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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.

Apostlekin$$$

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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?

1. Some devs don't have enough funds to list on top exchanges
2. Some devs don't even know the difference between good or bad exchanges
3. Some devs believe that going small exchanges for starter is the best and as time goes on they climb up to better exchanges

joshua123

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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?

Its not that they dont know the shittiness of these exchanges but they are really does not have much choice. They knew that if they settle for a bigger exchange and they will not be listed. The payment here is already expensive for new projects what more on those big markets like Binance and Okex? How do you think their chances will go? Those market does not simply list any project out there. As much as they wanted too.

tbct_mt2

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There are some reasons and we can not subjectively say why owners of those projects do so. Let's go through some likely reasons:
- Owners simply don't know those exchanges are bad ones.
- Owners have limited funds and want to get listed on exchanges ASAP with as lowest listing fees or totally free as possible.
- Owners only want to get listed on exchanges to run their pumps and dumps, then run away with their scam projects.
In the past, we have some exchanges for that purpose, Crypto Bridge, ie. which ended as a scam one, months ago.
Newbies - Read before using exchanges or investing

hushpupppy

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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?

Most of the times, its not always the faults of projects; when you have limited funds, and limited options
The best you can do is to choose the most favorable options and hope for the best, because eventually; everything in this space is a big risk.

So as community members, support the projects choices and hope for the best too, but then do your own research.

blue_hurricanger

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Because they know quite well their project's size and budget got no chance to get on the big exchanges. If they play their card right, they don't need to go IEO on big exchanges to become a success. As long as there no hiccup and problems on the IEO exchange, slim chance or big chance depends on project too.

CryptoTech_

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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?

Projects that hold IEOs in bad exchange usually don't care about investors. They are only concerned with money, they see that they can hold an IEO at a low cost, so they will do it whether they succeed or not.

Zotak337

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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?

The reason why new projects use small exchanges is lack of funds, they can't afford going top exchanges so they have to take risks, honestly building projects is not for everybody, people invest in projects which leads to success fundraising, that's the main reason everyone are creating projects this days

SyndicateLabs

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If they only list at small exchanges, then I think they do not have enough budget to develop the project. It is only the first step of the project, if their project is still developing, I believe they will soon be listed at larger exchanges when there is sufficient capital.

Anonylz

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Perhaps that's what they can afford bro! I hope you know that most top to mid range exchange cost a lot of money, and as a new project starting up, it is not advisable to spend all funds to list on exchange, when they don't have so much fund to throw around, this is expected,
Development of project also requires money, so the team have to be very prudent in spending in other to meet up with project management and development.

jossiel

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They are because they have chosen it already. There's a factor within the budget and seriousness of the project. If the project is serious, they'll use a huge portion of their entire sale paying a good exchange to pay for the listing.

But some projects have formulated this so the others are just following their style of milking money from their investors. An exchange doesn't matter anymore for them because as long as it's tradable and there's what they call listing on any random exchange, they are good with it already.

bayudndy

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Because they are weak and bullshit projects. They do not have enough budget to list at the major exchanges in this market. And they also do not meet the quality of the project, most bounty implementation projects will list at the bullshit exchange as you have listed in the article.

blue Snow

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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?

because those exchange easily to listing they token without hard agreement. and those exchanges don't need much btc to get listing, you only need send some token to the owner, then bump token listed with dump.

memed97

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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?

It could be because the three exchanges provide easy conditions for all projects, including new projects at this time, so developers choose the three exchanges because it is considered easier to place their tokens there and not choose other exchanges, even though the other exchange's reputation is still better than the three exchanges you mentioned.

Dariusburst

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

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

patz22

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Agreed with the statement above, they got no budget since they are planning to get funds having venture capitalism on those exchanges and that is the hard part as they will pay using their tokens and eventually these exchanges will just use bots to sell their tokens and for sure, the tokens will just dump and nothing will happen, it will be hard for the project to gain more or even be listed on higher exchanges

Jawhead999

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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.

Rodeo02

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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 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.

JHORN

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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?

Topic: New projects willing choosing bad exchanges? (Read 1078 times)