I have join a project to which it claims that the team was able to collect 50M in USD but until now they could not be able to list the token in an exchange. Their reason was the team were preparing the platform for almost 3 mos. now. I am starting to believe it when they show something great after sponsoring a certain event to which the name of the project was being flashed in the screen. Is it possible that the team is telling the truth? They want to bring a project with demand so that the token will not be undervalued. What do you think of this project scam or not? I could not name the project for now to protect their reputation.
I also have tokens of such projects that bought during pre-ico. They mainlt blame market conditions for not applying to known exchanges so they look for exhcanges which have small volume. Liquidity is big problem at small exchanges especially i can consider buyer side of trades. Sellers are listing their offer to lowest points but buyers are not still interested with this offer due to unknown exchange. Scam is not case here.