I participated in the cryptassist ICO a few months ago, and I chose this out of the many projects I could have done the ICO, but still no listing.
This is because of the market, but I strongly believe that if the project is good enough, the team should not be scared of listing
When I see projects taking shield behind the current market and not listing on exchange, it gets me angry and I'm like: was the market any good when you were conducting your ico. You took investors money in the bear market but can't lost on exchange with excuses of the market. It's saddening I pray people learn and take a break from ICOs.