Cryptocurrency exchanges are charging unreasonably high fees listing tokens on their platforms. This assertion is based on numerous statements by market participants, who note that the lower limit payment for ICO on the exchange is 50 thousand dollars, but can reach $ 1 million, depending on the size of the exchange.
The sources are afraid to call specific kitobini, because in the future plan to work with them. In their view, of the exchange have much power on the cryptocurrency market, as often it depends on them the success or failure of many projects.
“Always there will be many people who want to Lisitsa on the exchanges, says Michael Jackson (Michael Jackson), partner of the venture capital company Mangrove Partners. Exchange is liquidity, and liquidity is money – that is their strength.”
His words were confirmed by Oliver Bussman (Oliver Bussmann), head of consulting company Swiss Fintech, which notes that for the qualitative organization of ICO and so requires a large amount of cost – about a million dollars, and then another to pay one million for the listing is very unfair. However, these are today’s realities, which can not argue:
“If you are preparing for ICO, you need to prepare for the listing. It is important to access liquidity. This means that the more exchange, the more effort and money needed for listing”.
Recall from 902 ICO-2017 project presented in the reviews on Tokendata, 142 failed at the stage of attracting funding, and 276 received the necessary funds, but gradually disappeared. Thus, 46% held in 2017 ICO failed though and were able to raise over$104 million.
Another 113 projects are in limbo: for example, the organizers do not extend to communications with investors and do not support the communication in social media, or gathered around him a few like-minded people that have virtually no chance of success. That is in fact possible to talk about potential failure nearly 59% of all ICO.