Initial coin offerings were introduced to raise capital for the new tokens. Listing these tokens in crypto exchange platform might cost you more than expected.
Initial coin offerings or ICOs is said to be a popular method to raise capital for the new tokens. However, listing ICO tokens on these platforms may cost you a lot.
There is a new blogpost by Autonomous Research that says, listing an ICO token on the crypto currency exchange platform may cost promoters somewhere between $1 million and $3 million. Experts who provide SEO services in London have said the wide disparity in their range depends on access to quick liquidity and online reputation. The lower end for the estimate is a “reasonably regarded token” and the higher end denotes easy access to liquidity by means of exchanges that provide fiat conversion services. An example of the latter exchange is Coinbase. These exchanges consist of a pecking order with the ones that offer easy conversion to and from fiat crypto currencies, which is the most expensive one.