Yes, it is no secret to anyone. They decide what to lower what to raise. Community and conspiracy. Such is the cryptocurrency world. As they say all around fraudsters. 
Topic: Why Exchange Run ICOs may be a bad idea - page 2. (Read 338 times)
Yes, it is no secret to anyone. They decide what to lower what to raise. Community and conspiracy. Such is the cryptocurrency world. As they say all around fraudsters. I actually think this is a good way of selling token or coin, more easier and convenient to the buyers. I will really love this if the exchange can play more role to stop scam project by doing enough verification of the project owner and a little about investors of only verify accounts.
The problem with exchanges is that they pay attention little attention to users and have no responsibility. But we need them. So the situation should change in some way.
I actually think this is a good way of selling token or coin, more easier and convenient to the buyers. I will really love this if the exchange can play more role to stop scam project by doing enough verification of the project owner and a little about investors of only verify accounts.
I think that buying tokens on the exchange is convenient. Therefore, I do not think that ICO on the exchanges is a bad idea. I think that in the future more and more projects will enter the market this way.
Yeah and I also think same because just think about it, who wouldn't invest in a coin sold by Binance/Kucoin/Huobi or any of the major exchanges. At least, it gets better security over there since not just anybody can go to Binance that they should sell their tokens for them. So I think that may be the new initiative.
I don't this is true. Hardly have we seen a certain exchange coins been depreciated at all even if the growth is not that significant. But atleast some of them are doing good and some are worth investing.
Initial Exchange Offering (IEO) is a new way for any projects to sell their coins via exchanges, it gives some assurance to the buyers or investors that the funds will be hold on those exchanges like an escrow. I see a lot of newly projects doing this kind of thing since the bear market started.
What will it give to them?
Initial Exchange Offering (IEO) is a new way for any projects to sell their coins via exchanges, it gives some assurance to the buyers or investors that the funds will be hold on those exchanges like an escrow. I see a lot of newly projects doing this kind of thing since the bear market started.
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It all depends on how the tokens have been distributed. If the majority is in the hands of one person, then there is a high probability that manipulation may occur. If the tokens were distributed evenly between 1000 investors, it should not happen any manipulation.
Like you said it all depend on how the token was been distributed but what you said about the token not to be manipulated if 1000 investors hold the token was not true because if the person which is the highest holder dump his holding it will still affect the price of the token in market. Besides, when the apple co-founder sold his holding have you forgotten that it affect the price of bitcoin market.Meanwhile, i dont see anything bad in exchange run ICOs but the project team have to create a genuine strategy which will boost the price of the token.
I don't think there can be no manipulation, instead it would help regulate the ico because the exchange will be the one conducting the tokensale. And it could boost the popularity of the coin.
It all depends on how the tokens have been distributed. If the majority is in the hands of one person, then there is a high probability that manipulation may occur. If the tokens were distributed evenly between 1000 investors, it should not happen any manipulation.
Unless all investors are interested in this, as in principle, and this scheme operates. Of course there are big whales, but more manipulation takes place when several players are interested in achieving some one goal.
It all depends on how the tokens have been distributed. If the majority is in the hands of one person, then there is a high probability that manipulation may occur. If the tokens were distributed evenly between 1000 investors, it should not happen any manipulation.
I don't know the specifics but www.coinmetro.com are planning on having an ICO platform aswell, hopefully it'll be more open..
I usually not seen before Binance selling ICO token. BitTorrent token is the first time i think. I don't know why binance CEO anger, in the public every opinion not always postive even not negative. Latoken running ico sell a lot project also i see dobitarde exchange this is not a bad idea. Because investors can easily buy token without any additional process like as KYC.
Will everyone need BTT to trade? Did they said it?
I too find tgis strange if some ico raises funds or sells its token on some exchange, exchanges are not for raising funds they are for trading so i think traditional way of icos raising funds is normal to me and if there are other platforms specific to help raise funds they are good too but raising funds on an exchange does not make much sense.
So we all witnessed the first major exchange-run tokensale, the BTT tokensale at Binance. Binance has decided to list tomorrow and looking at the sentiments around the reply given, it may not be a good idea for future projects.
Many of CT believe it's just a mere manipulation by whales since they'll always by first. The BTT tokensale had just about 1000 buyers and people think that's where great manipulation will come from.
So how does this determine the future of other similar projects. Now, let's wait to see if it'll be a pump/dump scheme so that we can better conclude.
source: https://twitter.com/cz_binance/status/1090572501476765697
For me it sounds also as if only the big whales got btt token. To stabilize the btt price, maybe that is good, even if the price can be heavily manipulated. Still, you should not hype an ico just because it is done on Binance. Many of CT believe it's just a mere manipulation by whales since they'll always by first. The BTT tokensale had just about 1000 buyers and people think that's where great manipulation will come from.
So how does this determine the future of other similar projects. Now, let's wait to see if it'll be a pump/dump scheme so that we can better conclude.
source: https://twitter.com/cz_binance/status/1090572501476765697
I think that buying tokens on the exchange is convenient. Therefore, I do not think that ICO on the exchanges is a bad idea. I think that in the future more and more projects will enter the market this way.
I see your point and the suspicion from having only 1000 buyers is warranted. I wish there would have been more participants. On the other hand, this could turn out good too. Other major exchanges may follow soon and with better policy to distribute to as many holders.
Exchanges running ico's is not at all a bad idea, because each and every ico go for listing depending on different exchanges. If they have their own exchange, it is an easy task and gains good reputation. Most ico tokens gets distributed, but lacks in listing on exchanges. Coming to the BTT, they're a big protocol with worldwide userbase. Now they've made their tokens through the TRC-10 Tron platform. As they're already established the token sale went well within few minutes. With every project similar thing won't happen.
So we all witnessed the first major exchange-run tokensale, the BTT tokensale at Binance. Binance has decided to list tomorrow and looking at the sentiments around the reply given, it may not be a good idea for future projects.
Many of CT believe it's just a mere manipulation by whales since they'll always by first. The BTT tokensale had just about 1000 buyers and people think that's where great manipulation will come from.
So how does this determine the future of other similar projects. Now, let's wait to see if it'll be a pump/dump scheme so that we can better conclude.
source: https://twitter.com/cz_binance/status/1090572501476765697
Many of CT believe it's just a mere manipulation by whales since they'll always by first. The BTT tokensale had just about 1000 buyers and people think that's where great manipulation will come from.
So how does this determine the future of other similar projects. Now, let's wait to see if it'll be a pump/dump scheme so that we can better conclude.
source: https://twitter.com/cz_binance/status/1090572501476765697
There is no need to be a bad thing. Binance are getting another source of revenue, the ICO get insta buyer traffic and listing and it's more probable Binance to check it deep is it worth it. Because they are lining their reputation with direct ICO listing.
Hitbtc had similar market an year or two ago and it was quite popular.
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