The success of IEO is Exchange - page 19.

onyavin

jr. member

Activity: 45

Merit: 1

Quote from: Bitbtc8 on April 24, 2020, 02:14:53 AM

The success of ICO lies in the hand of huge partnership support, huge investors and trust but since scammers canes around ICO trust was ruined but now what we have left is IEO, and I will keep repeating myself over and over for new projects that the success of an IEO is top exchanges, no matter how good your use case is, if you choose p2pb2b or vindax over Okex or binance just have it at the back of your mind that failure awaits you with 80% chance over 100%

Yes if you choose a scam exchange you are doomed to fail no matter how good the project is but even if the project is really good and you chose one of the best exchanges with regards to IEOs the chances of success are not hight and so far NO exchange proved a successful funds raising. I would love to see one case study with evidence proving funds were actually raised!

Saisher

full member

Activity: 2324

Merit: 175

Some project that wants to do IEO did not passed criteria set by these top exchanges, so they have no choice but to pick low rate exchange in the hope that they can attract investors on their project fee is also a factor, but there are exceptions where a project succeeded even if the exchange is not that popular, bounty promotion and project potential is a big help.

pikkie

sr. member

Activity: 924

Merit: 256

Quote from: awakpane on April 24, 2020, 09:17:48 AM

I agree with you, indeed the success of IEO is in the Exchange if you want IEO to be successful and the tokens have a long term, then it's better to choose a good and trusted exchange. indeed if we see lately many IOEs have chosen p2pb2b or vindax even though both exchanges have bad reputations.

I think you have to be careful when you want to participate in IEO which is held at the exchange place because many cases end up scamming and making cryptocurrency worse, like the case that is still a hit now is the BCNEX exchange place where at that time it was able to get a hardcap but currently exposed to a case and ends up a scam.

awakpane

member

Activity: 1274

Merit: 12

I agree with you, indeed the success of IEO is in the Exchange if you want IEO to be successful and the tokens have a long term, then it's better to choose a good and trusted exchange. indeed if we see lately many IOEs have chosen p2pb2b or vindax even though both exchanges have bad reputations.

Iyeman

sr. member

Activity: 1183

Merit: 251

Quote from: Bitbtc8 on April 24, 2020, 02:14:53 AM

The success of ICO lies in the hand of huge partnership support, huge investors and trust but since scammers canes around ICO trust was ruined but now what we have left is IEO, and I will keep repeating myself over and over for new projects that the success of an IEO is top exchanges, no matter how good your use case is, if you choose p2pb2b or vindax over Okex or binance just have it at the back of your mind that failure awaits you with 80% chance over 100%

TOP exchange site has a good reputation and it's always putting a very strict verification to get eligible ICO that will be listed on the IEO launchpad that already created by exchange site.
The popularity, credibility, reputation of exchange site will actually give a huge impact to the result of IEO. I do agree with it and exchange site matters a lot to determine how succesful the project to raised the money from the public crowdsale.

semobo

full member

Activity: 1498

Merit: 146

Reputation of an exchange is also need to be considered before investing on the projects but its not the ultimate sign since many projects from Binance also got rekt in the log term for the investors.

minairia3

sr. member

Activity: 1498

Merit: 326

SecureShift.io | Crypto-Exchange

This is true, but we cant blame those projects that are going there for listing. Okex and Binance are not small fishes that can be easily caught by those projects fishing rod especially if their quality has low one. The only advantage of those exchange such as Binance is people trusted them enough for investment. Have you ever invested OP on those platform such as vindax? Dont mind or even plan cause as you said you will only loss your fund instead of having profits.

Maybe they have volume but those are not sure if real and natural trading. I bet they are manipulated by the platform.

Crypto5060

jr. member

Activity: 443

Merit: 2

Theagriverse.io

You are correct, most of the successful ieo on the big exchanges are not better than those who have struggled to raise enough capital for the project, it's all down to how big the exchange is.

riso2015

sr. member

Activity: 1246

Merit: 254

Trphy.io

Quote from: Bitbtc8 on April 24, 2020, 02:14:53 AM

The success of ICO lies in the hand of huge partnership support, huge investors and trust but since scammers canes around ICO trust was ruined but now what we have left is IEO, and I will keep repeating myself over and over for new projects that the success of an IEO is top exchanges, no matter how good your use case is, if you choose p2pb2b or vindax over Okex or binance just have it at the back of your mind that failure awaits you with 80% chance over 100%

p2pb2b or VinDax are already bad reputation in the world of IEO, I do not understand why many IEO projects still use these two Exchange. Another Exchange that is often used by the IEO project is Exmarket, this market I think is the same as p2pb2b or VinDax, bad reputation. Yes I agree Okex and Binance are the right market to do IEO.

masterrex

full member

Activity: 1820

Merit: 107

Quote from: Bitbtc8 on April 24, 2020, 02:14:53 AM

The success of ICO lies in the hand of huge partnership support, huge investors and trust but since scammers canes around ICO trust was ruined but now what we have left is IEO, and I will keep repeating myself over and over for new projects that the success of an IEO is top exchanges, no matter how good your use case is, if you choose p2pb2b or vindax over Okex or binance just have it at the back of your mind that failure awaits you with 80% chance over 100%

I agree with you on some point about the crypto-exchange capacity to host the IEO campaign, the two exchange that you mentioned the OKEx and Binance is the top choices for a successful IEO because it's popular, trusted and reliable exchange in terms of users and trading volume globally and I'm sure also that Okex and Binance will not accept any fraudulent project to hold an IEO on their respective platforms.

Chuky92

copper member

Activity: 966

Merit: 5

Quote from: Bitbtc8 on April 24, 2020, 02:14:53 AM

The success of ICO lies in the hand of huge partnership support, huge investors and trust but since scammers canes around ICO trust was ruined but now what we have left is IEO, and I will keep repeating myself over and over for new projects that the success of an IEO is top exchanges, no matter how good your use case is, if you choose p2pb2b or vindax over Okex or binance just have it at the back of your mind that failure awaits you with 80% chance over 100%

That is true, exchanges plays a vital role in the success of any IEO. I want to point something out and that is, the IEO mustn't be on Okex or Binance, there are other good exchanges to start IEO on such as Kucoin, Gate and so on; at least I have seen projects which had a good success on exchanges other than the ones you pointed out. Also, use case plays its role, as an exchange like Binance try its best to ensure they pick good projects; no good exchange will like to accept a bad or questionable project for IEO.

cytpoway121

member

Activity: 1540

Merit: 68

You are very right, i equally agree that the success of any ieo projects depends solely on the type of exchanges used.

If you consider recent events, hackenai chose wrongly when it selected oceanex, the ieo crawled to perfection and only a round conducted i suppose.

The only coin that had immense success that i can remember outside kucoin, Binance and OKEx is the sero platform that happened on gateio.

Nonetheless, always dyor and ensure to pick your profits

ViralNation

newbie

Activity: 70

Merit: 0

Well Creditcoin is probably my top 1 coin. BAD would come in at a second. Reason is i base my investments on who other has invested. For example creditcoin was invested in by coinbase + y combinator whild BAND was invested in by Dunamu

Bitbtc8

full member

Activity: 1148

Merit: 116

The success of ICO lies in the hand of huge partnership support, huge investors and trust but since scammers canes around ICO trust was ruined but now what we have left is IEO, and I will keep repeating myself over and over for new projects that the success of an IEO is top exchanges, no matter how good your use case is, if you choose p2pb2b or vindax over Okex or binance just have it at the back of your mind that failure awaits you with 80% chance over 100%

Topic: The success of IEO is Exchange - page 19. (Read 2768 times)