bad project = you lose your money, no matter if it was IEO or ICO. Bad exchange = you lose your money because they will do bot trading and then pump and dump.
Investors should do full research. We welcome it.
yeah i acknowledge it but i just wondering why do you held an IEO there?
because i think you already do your research first before agreeing with them to held your IEO there right?
True. They made grand claims, but we worked on the basis of making a small sale, with no bot trading to show inflated volumes. Of course, that is not what happened. Imagine 650M sold in few hrs! Real Volume = ? No one knows.
Since then, we got approached by few more exchanges with similar claims and promises. Now we are even more careful, and sticking to doing things the slow way.
650M sold in a few hours is really very good because now the situation of the market is completely busy with IEO trend, but you have raised money through crowd sales and it is very good because you have gained some trust from the community and it will help you if you manage it properly.