The report of the company Autonomous Research, which specializes in the analysis of the financial -technical sector, shows that the crypto-exchange exchanges for placing ICO-tokens on their sites take in tens times more than traditional exchanges for the listing of shares. For example, the listing of a token on a well-known crypto-exchange can cost $ 1-3 million: the companies behind the platforms realized that they can make good money on securing new liquidity projects.
The entrance fee for the listing of shares worth up to $ 15 million on Nasdaq is only $ 55,000. About the same size for the annual commission for the opportunity to remain on the list of working assets.
Authors of the report explain:
The market price for listing cryptotene on the exchange is from $ 1 million for a token with fairly strong positions to $ 3 million for the ability to quickly obtain liquidity for a little-known token.
The attractiveness of tokens increases, if buyers know that they can easily deal with their trading. Thus, the success of an ICO is often determined by the output of the token on the exchange.
The authors of the report note that they conducted a private investigation, communicating with the participants of the groups in Telegram and "knowledgeable people", and do not pretend to full analysis. But, judging by what the representatives of the sector say, the figures appearing in the report correspond to reality.
Business Insider said that last month it found out crypto-exchange exchanges taking $ 1 million for ICO-token listing, and a developer told Bitcoin.com that his project was called a $ 3.5 million price for integration with a popular mobile purse.
According to the authors of the report, ICO-start-ups, in order to pay astronomical commissions, are forced to increase sales. As a result, some of them attract ten times more funds than similar companies financed by traditional sources of capital.
So, this year, during the ICO, block-start-ups raised more than $ 3 billion, and projects that conducted venture finance rounds totaled only about $ 270 million.
The exchanges made good money on the ICO listing. It is reported that in 2017 this activity brought Coinbase $ 1 billion, and Binance - more than $ 200 million. Consultants also receive their share - approximately 5% of the transaction amount.
Now more than 98% of all trade in crypto-currencies is carried out on centralized exchanges, such as Binance, Bitfinex, Okex and Upbit. Decentralized exchanges, such as Bisq, offer a listing at a significantly lower price, but they are still at an early stage of development.