Topic: Are IEO's bad? - page 20. (Read 14478 times)
In my opinion, I don't see anything wrong with IEOs. The principle and ideology behind IEO's operate similar like the escrow system or like the smart contract protocol. The exchange platform acts as the middle man or medium between the crypto project team and investors contributing to help support the project. When the project looks to be a potential scam project, the exchange platform will be able to freeze the funds raised and redistribute them back to the investors who contributed during the IEO.
With IEO the chance of an investment going worthless has got very small possibilities, because lot of users have invested on projects that never gets listed to any of the exchanges even after waiting for much longer time period. Through IEO within few days after the launch can find the token for trading on the same exchange which is truly good.
Of course, placement on the exchange helps to raise more funds than the usual ICO, but it still does not give any guarantees that the project will be successful. you can simply take into account on the listing, but if the listing is on an unknown exchange, then there is no point in this. it's important to understand
You have a good point. Everyone thinks that they will be successful by mentioning IEOs who are successful in binance (they also provide profit for a short time, then the price falls). Already in this case the price increase without innovation is just hype.
My understanding for IEOs is basically instead of project handling raising funds etc. It will be for an exchange to do so.
An IEO hosted by Yobit or Binance can clearly not be compared. In other words, the exchange gives more credibility to the project regardless of whether it's worth it or not.
Am I the only one who thinks this is actually a bad thing and make people focus on the exchange hosting rather than the actual project and what the team is offering etc.?
I don't now what to say, I'm starting to get confused just after reading this thread. I was thinking that IEO is good to avoid scam project and to ensure that the project's token is listed on exchanges. But you are also right, this could be a bad thing later, when investors pay more attention to the exchange's credibility rather than the project itself. However, most of investors only care about the profit so they won't complaint anything regarding the project. An IEO hosted by Yobit or Binance can clearly not be compared. In other words, the exchange gives more credibility to the project regardless of whether it's worth it or not.
Am I the only one who thinks this is actually a bad thing and make people focus on the exchange hosting rather than the actual project and what the team is offering etc.?
I can't say IEO is bad. Because I benefit from every IEO. Everyone must have different thoughts and perspectives on the IEO. For me, as long as IEO benefits personally, of course I will continue to support it and I cannot say IEO is bad.
For me too I don't think IEO is bad unless we see bad works from that. But for me because we earn from IEO I will not stop to invest to the way that I earn profit. I will continue to support because as of now the reputation of IEO is good compared to ICO right? But it depends to the individual what they think about IEO.
Ieos are not bad
Either you conduct your ieos on binance or bittrex; once you offer nothing unique it won’t be patronized
Look up ocean protocol ieo on bittrex
It is not yet sold out where as other ieos were wrapped up in seconds
As an investor; always go for value
Either you conduct your ieos on binance or bittrex; once you offer nothing unique it won’t be patronized
Look up ocean protocol ieo on bittrex
It is not yet sold out where as other ieos were wrapped up in seconds
As an investor; always go for value
I don't think IEOs are bad, but i think people always should try do some research and only invest after, and i think maybe is safer to invest on IEOs than on ICOs, but always invest only money that afford to lose because maybe a project can bring a fast profit and can take some years.
My understanding for IEOs is basically instead of project handling raising funds etc. It will be for an exchange to do so.
An IEO hosted by Yobit or Binance can clearly not be compared. In other words, the exchange gives more credibility to the project regardless of whether it's worth it or not.
Am I the only one who thinks this is actually a bad thing and make people focus on the exchange hosting rather than the actual project and what the team is offering etc.?
I have think along this view and I think the future is going to actually reveal what is going to happen in IEO's market and I think it is going to still be the way it was during ico's projects. The only thing that will make the projects stand out is how good there are and if there are existing products. An IEO hosted by Yobit or Binance can clearly not be compared. In other words, the exchange gives more credibility to the project regardless of whether it's worth it or not.
Am I the only one who thinks this is actually a bad thing and make people focus on the exchange hosting rather than the actual project and what the team is offering etc.?
A normal project will not go to Yobit, if the project has the potential, he will try to negotiate with a good exchange for IEO. For Binance reputation is important, so they carefully choose projects.
I think that if the exchange uses IEO to increase its presence in the market and at the same time does not guarantee the safety of bubbles and does not care about its customers, then this is a very bad undertaking.
My understanding for IEOs is basically instead of project handling raising funds etc. It will be for an exchange to do so.
An IEO hosted by Yobit or Binance can clearly not be compared. In other words, the exchange gives more credibility to the project regardless of whether it's worth it or not.
Am I the only one who thinks this is actually a bad thing and make people focus on the exchange hosting rather than the actual project and what the team is offering etc.?
Don't worry these are just temporary people will realize it is just a strategy to make more funds.But it doesn't necessarily means all the projects through IEOs were bad.An IEO hosted by Yobit or Binance can clearly not be compared. In other words, the exchange gives more credibility to the project regardless of whether it's worth it or not.
Am I the only one who thinks this is actually a bad thing and make people focus on the exchange hosting rather than the actual project and what the team is offering etc.?
When someone want to invest on new projects they need to do enough research rather than trusting an exchange.
In some point your statement is true, we can't categorized the project but we are focusing to what exchange who's offering the IEO, the essence of knowing how the project will be usable in the long run is not the priority but to engaged with binance launchpad for example is the first in mind of the
investors who wanted to take the chance.
investors who wanted to take the chance.
I can't say IEO is bad. Because I benefit from every IEO. Everyone must have different thoughts and perspectives on the IEO. For me, as long as IEO benefits personally, of course I will continue to support it and I cannot say IEO is bad.
One question. And what if the swap is deceived. Will the project pay compensation. And reputation? There are statistics how many such projects have already entered the market? Here it is interesting to me just to see what is the difference between successful projects and ICO.
I don't think IEOs are bad at all, actually they are good just that investors should be careful in the project that they invest into. Most people are attracted by the hype and the sales of the project and not the real use case behind the project and most of the projects that do IEOs get dumped easily.
My understanding for IEOs is basically instead of project handling raising funds etc. It will be for an exchange to do so.
An IEO hosted by Yobit or Binance can clearly not be compared. In other words, the exchange gives more credibility to the project regardless of whether it's worth it or not.
Am I the only one who thinks this is actually a bad thing and make people focus on the exchange hosting rather than the actual project and what the team is offering etc.?
It is a good only because you can be sure that which exchange host IEO will also list the token after the sale. An IEO hosted by Yobit or Binance can clearly not be compared. In other words, the exchange gives more credibility to the project regardless of whether it's worth it or not.
Am I the only one who thinks this is actually a bad thing and make people focus on the exchange hosting rather than the actual project and what the team is offering etc.?
That means IEO on exchange without volume doesn´t bring any attention due to low popularity.
My understanding for IEOs is basically instead of project handling raising funds etc. It will be for an exchange to do so.
An IEO hosted by Yobit or Binance can clearly not be compared. In other words, the exchange gives more credibility to the project regardless of whether it's worth it or not.
Am I the only one who thinks this is actually a bad thing and make people focus on the exchange hosting rather than the actual project and what the team is offering etc.?
We can't deny the fact that there will be always scam projects no matter what. IEO for me is better than ICO in terms of rasing tokens as it requires a partnership between the exchange and project owner. This means that when a project turns out to be a scam, the reputation of an exchange would be affected and any exchange owner won't let that happen. Therefore, through IEO the number victim of scam projects can/could be lessen. An IEO hosted by Yobit or Binance can clearly not be compared. In other words, the exchange gives more credibility to the project regardless of whether it's worth it or not.
Am I the only one who thinks this is actually a bad thing and make people focus on the exchange hosting rather than the actual project and what the team is offering etc.?
Personally I don't see it as a bad idea but I am thinking it will be easier to scam people with IEO because many people can easily trust IEO these day than ICO.
Yes you are right ,exchanges differs but I've seen not too popular exchanges completing IEO funds raising in a day ,kucoin for example ,IEO is plain better and more secured
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