According to a paper by Autonomous Research, a Fintech analyst firm, the crypto money traders claim that the fee for token listings is at least ten times higher than traditional stock exchanges offer for securities.
Crypto money exchanges that list ICO earn high commissions
Infrastructure providers of crypto lists realize that it is an opportunity to earn money in the case of the creation of liquidity roads. Listing an ICO in a known crypto market can cost between 1 and 3 million dollars.
The Nasdaq Capital Markets application and entrance fee, however, finds as little as $ 55,000 in annual fees to list up to 15 million people.
The authors of the report say that the market price is around $ 1 million to list the crypto token in a stock exchange. This price is considered reasonable for the respective token. For an opportunity to get a quick liquidity, they say that a cost of close to 3 million dollars should be taken into consideration.
If buyers know they can trade easily, tokens become more attractive. In short, the success of an ICO seems to be directly proportional to its beginning to be listed on a stock exchange.
Token listings can earn between 1 and 3 million dollars
The authors say the research is based on private conversations with people in the Telegraph groups. However, it is necessary to listen to other voices in other parts of the industry to claim that these figures are correct.
In a report by Business Insider, a subcoin developer said they were offering a $ 3.5 million fee to integrate into a popular mobile wallet, with crypto exchanges earning $ 1 million per ICO last month.
The report claims that the initiatives have over-financed projects to meet these astronomical wages. This leads some companies to fund 10 times more funding than the more traditional companies.
According to Raporda, the Blockchain organizations are already compared to the $ 270 million risk capitalization cycle, which could provide more credibility than the $ 3 billion increase already made in ICOs this year.
The stock exchanges that manage these ICOs have reduced their earnings. In 2017, Coinbase reportedly made more than $ 1 billion and Binance had more than $ 200,000 in profits. Intermediary brokers are said to have received a commission of more than 5 percent of the total deal.
At the moment, Crypto is more than 98% of the money exchange process, centralized networks such as Binance, Bitfinex, Okex and Upbit. But there seems to be hope that astronomical wages will be pulled down. For example, decentralized stock exchanges, such as Bisq, promise to offer similar services by offering lower prices for central stock exchanges. But it seems that such stock exchanges are still developing. It seems that these astronomical charges will continue to be taken for a while.