Why 70% of ICO tokens are not online and may never go online

Creating a token is easy, but it's not easy to go online.

More than 250 global digital cryptocurrency transactions should be sufficient to meet the demand for new ICO tokens. However, many projects have found that it is almost impossible to pay a large sum of money in order to go live on the exchange. The ICO project that was unwilling to pay for it was finally struggling under the shadow of a low-mobility decentralized exchange. Recent ICOrating.com research shows that difficult projects are faced with the problem of large exchanges of tokens going online and that these issues are not limited to the cost of the currency.

Projects that do not meet the hard targets simply cannot afford the cost of the currency. Even those projects that meet the financing goals can be prohibitive for the price of the currency. The spread between exchanges is very large, with the largest and most liquid exchanges ranging in price from US$ 100,000 to US$ 3 million (it is said that currency security charges up to US$ 7 million in some cases). But in fairness, exchanges are not as simple as traders think.

There are many tasks that must be completed before the exchange takes place in the currency, one of which is due diligence to ensure that the project is not a scam. If one of the tokens is subsequently found to be a scam, the reputation of the platform will be damaged. Just as Centra was revealed to be a fraudulent project, Kucoin and Coin rushed to remove the token. Because it takes time for the platform to complete various security checks and other administrative tasks, it usually takes an average of 21 days for the tokens to start trading on the on-line exchange. Some exchanges also insist on checking whether the smart contracts of tokens are flawed. This is understandable considering the popularity and potential seriousness of these projects.

Even if the exchange goes online, it does not mean that the ICO project can be achieved. There are also many tokens that have been removed from the exchange without warning. Regulatory pressures can also have an impact: If there are rumors that a currency has a security risk, the exchange may be frightened and dismantle the token for security reasons. Given that the tokens of the hastily traded exchanges may be pushed up prices, may be abandoned, and may be delayed for a long time, because the project has only been launched several months ago, and some ICO projects are not ready for the beta. And it is not surprising that the market is hesitant to make decisions before the market really needs its tokens.

Each problem solved by the on-line exchange will cause several more problems. Regardless of choice or necessity, 70% of the token projects this year have not been on-line exchanges. Most projects may never go online.

Article from: Block Network

The price of some cryptocurrencies is given below (Eastern Time: 29/6/2018, 02:20):

1.Halloween Coin

Halloween Coin token is the HALLO, and its ranking in the cryptocurrency is 1554. As of now, tThe price has dropped by 36.04%The current market value is: 0USD, the exchange rate for the USD is: 0.000117 USD, the redemption price for the BTC is: 0.00000002, and the transaction volume in the 24 hours is:10 USD.

2.Protean 

Protean token is the HALLO, and its ranking in the cryptocurrency is 1565. As of now, tThe price has rise by 22.76%The current market value is: 0USD, the exchange rate for the USD is:0.000016 USD, the redemption price for the BTC is: 0.00000002, and the transaction volume in the 24 hours is:8USD.

3.Birds 

Birds token is the BIRDS, and its ranking in the cryptocurrency is 1565. As of now, tThe price has dropped  by 3.14%The current market value is: 0USD, the exchange rate for the USD is:0.000118 USD, the redemption price for the BTC is: 0.00000002, and the transaction volume in the 24 hours is:0USD.

4.

Sakuracoin token is the SKR, and its ranking in the cryptocurrency is 1554. As of now, tThe price has dropped  by 0.09%The current market value is: 0USD, the exchange rate for the USD is:0.001649 USD, the redemption price for the BTC is: 0.00000028, and the transaction volume in the 24 hours is:12USD.


5.Regacoin

Regacoin token is the REGA, and its ranking in the cryptocurrency is 1516. As of now, the price has dropped  by 3.49%The current market value is: 0USD, the exchange rate for the USD is:0.000353 USD, the redemption price for the BTC is: 0.00000006, and the transaction volume in the 24 hours is:194 USD.

6.SIGMAcoin 

SIGMAcoin token is the SIGMAand its ranking in the cryptocurrency is 1519. As of now, the price has dropped  by 0%The current market value is: 0USD, the exchange rate for the USD is:0.004175USD, the redemption price for the BTC is: 0.00000006, and the transaction volume in the 24 hours is:194 USD.

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转载自blog.csdn.net/blockchainbreather/article/details/80856598
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