What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays? Every single IEO I see or should I say 90% of new projects are choosing these exchanges for fund raising even when they know there chance are slim....I don't just get it, are they willing choosing these exchanges?
I believe this is the exchanges that have low requirements to be listed aside from the cheaper listing fee. High profile exchanges have high-level requirements and I think these project does not meet them.
As a legit project, of course they aim is to be listed on top tier exchanges but due to lack of funds, they are willing to be listed on these small exchanges. Aside from that, the pressure from the community may also be the factor why they choose to be listed on small exchanges since it is the easiest/fastest one to be listed.