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Topic: Are investors realizing that IEO is a silent scam? - page 4. (Read 1127 times)

jr. member
Activity: 159
Merit: 1
We need to understand that most who buy on IEO are those who buy on ICO. It's just that it gives opportunity to the trip on those exchanges to get involved and invest. I know this IEO hype will not favour all projects. Some projects already have their own investors waiting to come in. It's dangerous for projects that rely only on the exchange for all their salew and marketing. Soon IEO shall pass. Not all projects and exchange will survive
member
Activity: 384
Merit: 10
I haven't seen any scam IEO  yet and the only way investors can lose there funds to IEO scam is investing in IEO from new exchanges

Still early, of course, we cannot find a scam IEO, but if there are hundreds of IEOs, there will be many scams, the most important thing is to always be vigilant and selective in choosing the IEO.
member
Activity: 742
Merit: 16
I haven't seen any scam IEO  yet and the only way investors can lose there funds to IEO scam is investing in IEO from new exchanges this is the difference between ICO and IEO and IEO is just safer
hero member
Activity: 1204
Merit: 500
Some companies that conduct IEO cannot reach 100% of the sale of their tokens, everything of course depends from the exchange itself, how popular it is and of course much depends from the company itself, not all investors will want to buy tokens of a company whose ideas and plans are unrealizable.
basically ICO and IEO can be used as a place for scammers. but, we know that by seeking information first, it can be avoided. however, currently the IEO is still better than ICO for several reasons. although there are some opinions that people can be cheated from the IEO.
hero member
Activity: 2618
Merit: 582
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People are beginning to understand how IEO works and the excitement is on the decrease. Just like the inception of ICO's where so many projects sold out in seconds, but now many can't reach their soft cap. That's what is simply happening. When the trend is at its peak we get faster sales, but it subsides with time.
Launch of newly modified projects might be the reason of becoming subsided with time. Just like it happened to ICOs when the newly launch projects that is IEO started its flying on exchange. This project has covered up the drawbacks of ICOs in which the major one is the counterparty actions. The counterparty in case of IEOs is the exchange on which these projects are launched especially the Binance.
copper member
Activity: 420
Merit: 2
In crypto, scammers take advantage of any new development to steal people's money. IEOs can also serve as an entry point for scam, it doesn't matter the token sale is taking place on an exchange. if the team is not strong enough, the project can still die off
legendary
Activity: 3150
Merit: 1148
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IEO's even promoted by a well known exchange don't guarantee  the success of a particular project and even reputable exchanges could wash their hands if the project's IEO could turn out to be a scam. I've never seen an IEO that guarantees the integrity of a project and we should all be aware of this situation. Smiley
You're right, however the exchange is only a third party, investors come to invest or not depending on how the investor views the project. Even though IEO is well-known at the moment, not all projects will be successful when they start it.
That's true, otherwise, we will just invest in IEO and makes easy money.
Most project that are in crowdsale are start ups, therefore it needs time to be develop and only when it has real use case where people begin appreciating it. At the early stage, it's just all speculation, some hype and FUD happens, so long term investors should be aware of that.
legendary
Activity: 1330
Merit: 1019
Maybe the reason the IEO hasn't been sold out is because people are just so picky nowadays on projects they want to invest in. Bittrex also requires a Know Your Customer process before you can purchase in these IEOs.

I am agree, but for KYC, i think exchanger like binance require KYC too. Investor must be picky because mostly IEO price after few days listed in market, the price drop and back to IEO price. But i dont think IEO is a silent scam because we can called scam if not listed in exchanger

They have KYCs for such transactions in Binance since they are situated in China. The laws are strictly cannot be overlooked or it can mean their downfall. Some IEOs are silent scam and few others are not. Let us just observe for now since these IEOs are new.
Binance in china, I think you are mixing it up with HUOBI, I am not even sure if HUOBI is fully in china, but I know they are Asian exchange, but for BINANCE, they moved there based already to MALTA and that is where they are operating from which I never think they were ever in china.

Whatever Binance is doing is not even for the sake of law alone, but because they have integritywhich they have applied to all their projects. If it was based on law, they could take advantage of the anonymity of blockchain to remain underground without people knowing them, but you can see that their CEO believes in himself and the power of his project, that is why he could show his face confidently to the world.
full member
Activity: 948
Merit: 110
IEO's even promoted by a well known exchange don't guarantee  the success of a particular project and even reputable exchanges could wash their hands if the project's IEO could turn out to be a scam. I've never seen an IEO that guarantees the integrity of a project and we should all be aware of this situation. Smiley
You're right, however the exchange is only a third party, investors come to invest or not depending on how the investor views the project. Even though IEO is well-known at the moment, not all projects will be successful when they start it.
TWW
full member
Activity: 1456
Merit: 109
but the IEO from Binance works so well that everything depends on management.
so we still have to be very careful even though the IEO is safer than ICO.
binance is safer, because they do strict rules for every project that does an IEO in their exchange. some projects that are not able to penetrate their binance will choose other exchanges that are easier, it will make a bad potential that can occur.
full member
Activity: 686
Merit: 100
I do not agree with you and think that IEO fundraising method is not a scam in general. I was always very suspicious about IEOs that took place on Bittrex and it is disappointing me. Such a big exchange completely failed almost all IEOs. They should take example from other great exchanges.
but the IEO from Binance works so well that everything depends on management.
so we still have to be very careful even though the IEO is safer than ICO.
full member
Activity: 294
Merit: 100
I do not agree with you and think that IEO fundraising method is not a scam in general. I was always very suspicious about IEOs that took place on Bittrex and it is disappointing me. Such a big exchange completely failed almost all IEOs. They should take example from other great exchanges.
member
Activity: 336
Merit: 10
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?

In the past, many people suffered losses when investing on this exchange in the IEO VBK, which is why the latest Bittrex IEO was not able to collect the maximum amount of investment.
We can assume that the IEO on this exchange is over - they will no longer be able to find investors.
full member
Activity: 616
Merit: 100
IEO's even promoted by a well known exchange don't guarantee  the success of a particular project and even reputable exchanges could wash their hands if the project's IEO could turn out to be a scam. I've never seen an IEO that guarantees the integrity of a project and we should all be aware of this situation. Smiley
copper member
Activity: 336
Merit: 3
People are beginning to understand how IEO works and the excitement is on the decrease. Just like the inception of ICO's where so many projects sold out in seconds, but now many can't reach their soft cap. That's what is simply happening. When the trend is at its peak we get faster sales, but it subsides with time.
full member
Activity: 1024
Merit: 100
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. Is 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?
Bittrex IEOs don't get pumped because they don't have whales anymore lol.
IMO project on Bittrex aren't really appealing, If they had some really amazing projects they will sell out! I'm just waiting for one to participate!
yes you are right, not all IEOs will succeed. this depends on the project too. if the project is not good enough, investors will definitely not be interested. so just because it doesn't end quickly, that doesn't mean the IEO is a scam.
sr. member
Activity: 784
Merit: 256
Binance #Smart World Global Token
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?

I believe that with the help of IEO earn primarily exchange, as it is impossible to participate normally in the sale and buy tokens. Exchanges can throw their own money, and then drain the tokens when listing and make a lot of x's. And since the bulk of the purchased tokens can belong to the exchange, they can easily set the selling price.
member
Activity: 845
Merit: 52
Someone once posited that IEO lacks transparency as the total number of investors may not actually be released to the investors and hence the fund realized. IEO is just different from ICO because of some level of confidence that team won't escape with collected fund and that such project will eventually be listed on exchange. Nevertheless, some exchanges do promote shitty projects as they are only concerned about their profit from conducting the IEO and possible listing.
member
Activity: 1764
Merit: 10
Some companies that conduct IEO cannot reach 100% of the sale of their tokens, everything of course depends from the exchange itself, how popular it is and of course much depends from the company itself, not all investors will want to buy tokens of a company whose ideas and plans are unrealizable.
jr. member
Activity: 602
Merit: 2
I think it's not correct to call IEO a scam. There are projects that have not caused a stir in the market and their tokens have not been bought in seconds, but they are completely legal and have passed the audit of the exchange where IEO is launched. Bittrex just chose not the projects that could create a stir and attract investors. I don’t invest in all IEO, because I’m waiting for a really cool project to make at least x4 from it.

Well yes. Invest in all this is stupid. Need to study projects. For example, now as a hunter, I study projects in detail to write an article or make a video. The same should be done and with investing in the IEO do not throw on all projects. And choose real ones. And the best.
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