Quote from: Henrytrust on February 24, 2020, 07:51:31 PM

Quote from: TmottaDing on February 24, 2020, 06:29:32 PM

Quote from: princecharles on February 24, 2020, 03:55:10 AM

It's actually amazing that a project as refined as breeze coin did not conduct any ICO or tokensales and have been able to make such a laudable achievement within a couple of years. There are several projects in the cryptocurrency space who were able to raise large sum of money during their tokensales and we can't find any accomplishments by the team and promoters. This translates to one fact, which is that projects could become successful even without conducting tokensales and raising funds from the public.

There was no ICO, then how these tokens ended up at exchange? Was is through same staking option,.where people bought packages and then after six months tokens delivered at exchange for trading?

I believe its possible for projects to be listed on exchanges without the team sourcing for funds from the public. In fact, it's even more popular now because most investors are not attracted to ICO investment owing to the increased failure rate of new projects.

I agree with you, the truth is that tokensales are getting a high failure rate by the day. Some projects even go as far as inflating the amount raised on tokensales to give them an increased reputation and encourage more persons to participate. The best way out is for the project promoters to fund the listing of the tokens on exchanges and recoup their funds slowly as trading is ongoing.