Report of company Autonomous Research, which specializiruetsya on the analysis of the FINTECH sector, shows that the cryptocurrency exchanges for hosting ICO-tokens on their sites take ten times longer than traditional exchange for the listing of the shares. So, listing the token on the famous crypto currency exchange can cost $1-3 million: behind the company realized that, by securing new projects liquidity can earn good money.
Entrance fee for listing of shares worth up to $15 million on the Nasdaq is only $55 000. About the same size of the annual fee for the opportunity to remain in the list of work assets.
The authors of the report explain:
The market price of cryptotoken listing on the exchange is $1 million per token, with a strong enough position to $3 million for the opportunity to quickly obtain liquidity for lesser-known token.
The attractiveness of tokens increases if buyers know that they can easily do their trading. Thus, the success of the ICO is often determined by the output token to the exchange.
The authors of the report note, conducted a private investigation, communicating with team members in the Telegram and “knowledgeable people”, and do not claim completeness of the analysis. But, judging by the fact that the representatives of the sector, contained in the report, the figures correspond to reality.
Business Insider reported that last month discovered cryptocurrency exchanges taking for listing ICO-tokens $1 million, but a developer told reporters Bitcoin.com his project called the price of $3.5 million for the integration with popular mobile wallet.
According to the authors of the report, the ICO startups to pay the astronomical fee have to increase sales. As a result, some of them attract ten times more money than similar companies financed by traditional sources of capital.
So, this year during the ICO blockchain startups have collected more than $3 billion, and projects that held rounds of venture financing, a total of about $270 million.
Exchanges make good money on listing ICO. It is reported that in 2017 this activity brought Coinbase $1 billion, and Binance more than $200 million Consultants also receive their share of about 5% of the transaction amount.
Now more than 98% of all trade cryptocurrencies are carried out on centralized exchanges such as Binance, Bitfinex, Okex and Upbit. Decentralized exchange, for example Bisq, I suggest listing at a significantly lesser price, but they are still at an early stage of development.