Hi Guys,
Are you interested in IEO? How about your opinion? I think IEO trend will run to end of this year and IEO is one of the good speculation channel.
I think everybody already know what is IEO in common. But on my perspective, IEO are the new method for scamming a new project (CEO), And this was doing by some exchange. off course, CEO must pay a lot of BTC for doing IEO at the exchange. Fee are for doing IEO depending on the rank of exchange. Approx (5-10 BTC) maybe more. If the deal are done, then, exchange start for doing market manipulation to attract another investor. Promise for exchange listing after that, then BOOM. CEO and investor was trapped in same hole.
This might be the case for some exchanges that there intention is to defraud people, but this is not the case with Binance, with Binance, I will say that CEO of these projects has even enjoyed the more, so as the investors too, so everyone benefits from it. The exchange gets its listing fee from serious minded project, the developers of the projects gets their projects funded with a very short period of time, and investors gets high rate of interest shortly after the sales is concluded, so in what way has any of them been defrauded.
Look at Harmony project that was recently conducted by Binance, harmony was running their ICO project normally but could still not meet up, after several weeks of running campaign, it took Binance less than 1 week to get the required fund and investors for them through their IEO platform, they might have paid heavily for it, but they got the result for what they paid for.