2) They are traded on mercatox ...
Guys be aware of mercatox and co, most of the scam projects start listing with mercatox because the fee is very lower and mercatox never think of their customer, rather they list any project that pay fee. Either way, they both are the scammer. There's a lot of coin from mercatox proved to be scam coin.
I think it's better not to use a bad reputation exchanger. Many small exchangers trade coins that have almost no daily transactions and I think an exchanger like this only wants to get a listing fee without considering the quality of the project
That is right, any project that is quite sure of its project and serious about it will endeavor to use an exchange that is reputable, I wonder why project still use some of these little exchanges that are not popular and without volume, and then intend to get the attention of great investors that will keep their project alive.
There is no serious investor that will not consider an exchange first before thinking of investing in the project, and I wonder why they have to go on such exchange, because they cannot tell me it is money, they did ICO and they probably got enough money to fund their project, so I think a little greed and quest for low quality things is what is killing them, which makes me think it will be a very low quality project. People should just be careful with such types of projects.