I've once thought that IEO would be the best option for tokensale, since the exchange serves as an Escrow to ensure that investors are not scammed as regards ICO where investors deal directly with the project administrators. The first IEO on binance was a huge success and that gave investors a better avenue to support a project they believed would be lucrative in the future.
It's disheartening, that exchanges are beginning to loose the reputation entrusted to them by the investing public and this spells doom to IEO tokensale.
It's disheartening, that exchanges are beginning to loose the reputation entrusted to them by the investing public and this spells doom to IEO tokensale.
Am in agreement with your view, I believe some level of regulation needs to be adopted to checkmate the excesses of the exchange. The increase of IEO, lead to a corresponding increase in the number of mushroom exchange, you are interested in milking the investors and the team. Projects needs to be very careful in choosing an exchange to entrust the responsibility of carrying out their tokensale.
