Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] Bittwatt - Energy for the 21st Century [@Bountyhive.io]
by
FarmFrenzy
on 15/05/2018, 17:17:40 UTC
is there any chance of being on major exchanges such as Bittrex? and how much tokens already raised?

I'm sure the team have ambitions on this like most projects no doubt do but it's likely at the start that they wont. These bigger exchanges charge an absolute fortune and it's just not practical for most.

You are right, most times is even best to start from a smaller platform and move to the bigger ones, reason that it has a kind of influence when a project move from small to big, the community will understand that they are serious but that aside, i usually say that big exchanges can't help a bad project, a project with a difference will stand out, no matter the avenue they choose as an exchange

I think the best approach is to use some not so famous exchanges at first time. Trading should begin from small volumes. And then when everybody is sure about reliability of token they can move to bigger exchanges.

It's most of the time also a question of the money a project wants to spend. Do they decide to spend a huge sum of the money they just raised to get listed on a major exchange to please all the 'moon-kiddies' or do they decide to go for smaller, cheaper exchanges, build up some trading volume there and increase the community so that maybe the community can help to get listed on Binance and co. by voting for example.

I personally respect projects that have a short and longterm plan and dont just endlessly give in to demands from the kiddies that demand they spend insane amounts "cause i want it listed on binance or poloniex" people wanting it isnt a good excuse its if its financially responsible for the project.

The goal of the serious, innovative project is not just to make much noice, list on the big exchange and drop the price after short pumping. The goal is to build bussiness that can help millions of people all over the world to live happier.