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Topic: Are investors realizing that IEO is a silent scam? (Read 1127 times)

member
Activity: 700
Merit: 10
People forgot IEO is just ICO but the funding was held inside of a exchange, the exchange can give the investors the relief of not getting scammed but that does not stop the price going down, and not all IEO can meet the expectation of people, some may probably fail, I also doubt the product development developers can go lazy because they don't have to worry about listing.

The different between ICOs and IEOs is team from ICO should negotiate with exchangers first before listing. Different with IEOs, token automatically listed in exchangers when IEO end. I think its more legit IEO but not all ICOs are bad because many are good and potential
legendary
Activity: 1946
Merit: 1137
this is just Bittrex being a shitty scam exchange that has started their scam through IEOs sooner than others because they are desperate for money so it was not a good example in my opinion.

generally speaking IEO is the same as ICO with a higher risk of scamming people simply because it is giving all the power to exchanges that only care about making the most amount of money. and since IEOs are practically raising money out of thin air and in the millions they easily pay the exchange off to advertise their scam and in other words put a fake legit stamp on them.

i said Bittrex has started it sooner than others because others like Binance are still being clever about it and hiding their scams and soon the shitshow will begin on a larger scale as they gain more trust from newbies who invest in IEOs and can raise big money.
member
Activity: 893
Merit: 43
Random coins :)
Maybe the reason IEOs don't look successful is because these projects invest less in marketing like ICOs do and time frames for these is usually short which gives no chance to investors to get in late.

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Are investors realizing that IEO is a silent scam?
I thought IEOs are a better alternative to ICOs but if this is now seen as a silent scam what is the best alternative then Huh.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
Investing on IEOs weren't a silent scam, because we get lot and lot of IEOs into existence with more and more things fulfilled to get launched through the respective exchanges. This way the possibility to list scam IEOs were very low, upon the same IEO can turn to be scam when exchanges do mistakes. Hope such mistakes won't happen with exchanges.
full member
Activity: 714
Merit: 100
3... 2... 1... Launch!
IEOs that have been properly vetted by reputable and transparent exchanges aren't as likely to be as unreliable as many ICOs were and they should generally have a better quality product to offer the market with a professional prospectus providing investors with less risks and more assurances
hero member
Activity: 1232
Merit: 503
People forgot IEO is just ICO but the funding was held inside of a exchange, the exchange can give the investors the relief of not getting scammed but that does not stop the price going down, and not all IEO can meet the expectation of people, some may probably fail, I also doubt the product development developers can go lazy because they don't have to worry about listing.
jr. member
Activity: 224
Merit: 1
Maybe but always depends in the proe that we invest so of you are going to make investments make sure you invest in good projects like Dencoin tokens that offerings a ICO but it is good to hold for the future so dont miss the chance to make investments in this project.
member
Activity: 332
Merit: 12
Don't jump into a conclusion right away. As of now, IEO is very young and just started to be introduced to cryptocurrency. Remember that project investors are very careful nowadays. There's no proof of scam in IEO.
full member
Activity: 1064
Merit: 102
It has been going three days Bittrex has launched IEO for "ocean" coin. But seems still now 17% remain of IEO token. Last IEO was closed within few seconds. Wondering why still not sold out current IEO on Bittrex. Are investors realizing that IEO is silent scam? Because on last IEO on Bittrex lots of investor's got REKT. Perhaps that's why investors worried about their funds.

What do you think? There is any other reason?
The determinant of success of fundraising of project depends on the hype around it, the last project doesn't determine the success of another project, people now do due diligence before investing in a project.
member
Activity: 574
Merit: 10
IEO scam Huh
I never see that before, i know some IEO is fail and not rise a good funding but for IEO fail i never see it.
We can see IEO on big exchange like Binance is always success and peice is pump after that.
copper member
Activity: 490
Merit: 2
It does not matter how good the project is, the only thing that matters unfortunately is an exchange where this IEO is taking place. Bittrex has shown that it is not a great exchange in comparison with other exchanges from top 10.
hero member
Activity: 1932
Merit: 506
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There is a big possibility that you have pointed out the correct subject but I am not sure whether the investors already know about it.

Knowing that they will keep on investing as long as they can get an interest with their money as not all IEO's are scam. Though we cannot really taken out those scammers as they will surely find a way to get out hard earned money.
jr. member
Activity: 1162
Merit: 1
Base.protocol
Why make your summation just from bittrex IEO. It is also a far cry when you equate it with scam. Who will now scam people bittrex or the project? For a project to sell out investors have to buy it, if it is not enough it won't sell out and that doesn't make it scam.
full member
Activity: 407
Merit: 100
DIA | Data infrastructure for DeFi
It has been going three days Bittrex has launched IEO for "ocean" coin. But seems still now 17% remain of IEO token. Last IEO was closed within few seconds. Wondering why still not sold out current IEO on Bittrex. Are investors realizing that IEO is silent scam? Because on last IEO on Bittrex lots of investor's got REKT. Perhaps that's why investors worried about their funds.

What do you think? There is any other reason?

IEO, in my opinion, cannot be considered a scam, a project is, IEO made easy for project and investors to connect in a short period of time and investors are guaranteed of the ready market after the crowd sale, a thing that ICO lacks but still the project always makes an impact if it's going to succeed or fail.
IEO offers investors safety and we can sell at that exchange if you have a good profit but not all projects get a high profit at this time because most of the current projects now it's just speculation and they'll quickly sell all the coins if they feel good . IEO are really safe and we don't need to worry too much because this is just the beginning of the IEO
full member
Activity: 896
Merit: 100
Most of the fundraising projects struggle , but i definitely would not say its a scam if the price drops . There is only few projects around thats worth to follow from IEO and possible invest in IEO . Golden days of 2017 is over , now you can't raise funds with just Website and whitepaper . Now they need alot more , like working product and use case .
you're right, if in 2017 we can easily see a very profitable project, now we have to look more closely, where the market for new projects now requires products and real development. when they don't have a product sometimes they will be wasted even before they enter the market.
sr. member
Activity: 1022
Merit: 264
It has been going three days Bittrex has launched IEO for "ocean" coin. But seems still now 17% remain of IEO token. Last IEO was closed within few seconds. Wondering why still not sold out current IEO on Bittrex. Are investors realizing that IEO is silent scam? Because on last IEO on Bittrex lots of investor's got REKT. Perhaps that's why investors worried about their funds.

What do you think? There is any other reason?

Most of the fundraising projects struggle , but i definitely would not say its a scam if the price drops . There is only few projects around thats worth to follow from IEO and possible invest in IEO . Golden days of 2017 is over , now you can't raise funds with just Website and whitepaper . Now they need alot more , like working product and use case .
full member
Activity: 798
Merit: 101
Investors only have interests in their eyes, and they are not too concerned about whether there is a scam. If the IEO is successful. There will be a lot of benefits. Investors really like IEO.
legendary
Activity: 1904
Merit: 1277
If an IEO is on a reputable exchange then it is very unlikely to be a scam.
We need to differentiate between those that fail because they don't hit soft cap (minimum amount for the project to be viable) and those that are just outright scams. There can be a world of difference between the two.
jr. member
Activity: 544
Merit: 1
I don't understand your idea or logic behind this. Investors can choose on which project to invest on. Do you in person invest in all projects you see? Definitely no so you don't expect the investors to put money on every project. Maybe ocean was not a good project to go into
hero member
Activity: 1092
Merit: 523
All of these startups are in essence scammers. They are not motivated to improve the industry as a whole, but are aimed at raising more money. After that, 99% of the teams just stop working, that's the reality.

This is mostly common with ICO projects, most team lacks vision and once they get the money, they tend to forget the purpose of raising the fund which makes majority of them collapse. I think with IEO, it will be a different case, because exchanges coming up with IEO projects too will not want to tarnish their image, so firstly, they will seriously ensure that the project developers and team are genuine, and at the same time, make sure that they have a very good real life working products that they will be establishing after the crowd funding, which is why I believe we hardly see any IEO project that has not been performing well.
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