Bitmex Research Reveals That investors have lost about 98% Investment in IEOs.

NeuroticFish

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Quote from: disconnectme on December 30, 2019, 02:55:50 PM

Why are people surprise, it is just like doing the same thing and expecting different results, expect some of the IEO on Binance that did well others are failure. To be sincere there are a number of reasons for this, lack of product, even most can't generate revenue. ICO did well for the space but we need it to be better structured

2019 was indeed a bad year for ICO/IEO, much worse than for altcoins. I don't understand how could the potential investors be so hugely uninformed. 2018 has already shown that ICO/IEO are way too risky and most are pure scam.
I understand that some do have a huge appetite for risk, but I fear that here it was more than that. Some see coins / tokens investments like some sort of lottery - no information check, just put some money in and hope for the best. Too bad.

Still, although knowing all this, I am still surprised on how bad the numbers are!

disconnectme

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Why are people surprise, it is just like doing the same thing and expecting different results, expect some of the IEO on Binance that did well others are failure. To be sincere there are a number of reasons for this, lack of product, even most can't generate revenue. ICO did well for the space but we need it to be better structured

electronicash

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of all its just matic that seem profitable. i have joined that BTT IEO and i cab say its still one of the project that still made me good amount but the rest are just nothing. nor sure why those exchanges are approving to get it on in doing IEO.

Quote from: betty11 on December 30, 2019, 02:28:58 PM

IEO is no different from ICO and never better than ICO, they are both the same and one is a more classified shit which is IEO, it's more official and hence gather more investors, after that investors get rekt. This is part of why the whole Crypto space is not very interesting. Too many wolves developers.

i still like the ICO than this IEO. it only feels like we are not safe anymore, i can't even dump the first because there is always someone in the exchange whos primary objective is to watch the countdown when the market will be open.

betty11

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IEO is no different from ICO and never better than ICO, they are both the same and one is a more classified shit which is IEO, it's more official and hence gather more investors, after that investors get rekt. This is part of why the whole Crypto space is not very interesting. Too many wolves developers.

Bharathi13

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From this report we can conclude IEOs just offer confirmed listing on exchange and we still have to do proper research before investing in IEOs if we are investing with long term goal. Looking at the performance of IEOs when listing on exchange almost every IEOs are launching with higher price as compared to its offered price. In this situation it's better to sell tokens initially to take out gains and later buyback again if you believe in the project at lower price.

htsy585

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Quote from: Nadziratel on December 23, 2019, 12:36:48 PM

Quote from: htsy585 on December 23, 2019, 10:35:13 AM

I never knew it will be that bad maybe because I wasn't a perenial IEOs investors but Bitmex Research makes some damn revelations. You can take a look below

"In its latest report on the phenomenon published on Dec. 23, the analytics arm of exchange BitMEX, BitMEX Research, identified twelve major IEOs that launched this year. Of those, eleven are now almost worthless compared to the price at which they first traded on exchanges."
https://cointelegraph.com/news/bitmex-crypto-ieo-poor-performance-sees-investors-lose-up-to-98

Especially Binance IEOs initially promised good profits. For Binance IEOs things went generally well initially. But in other exchanges, the result was not the same. Especially the Ocean had been a great disappointment.

This reminds us that; we must always be very careful in this market.

I think its a general issue and not just related to Binance IEO coins/tokens. Where are those coins that had top top sales and popularity on OKEX, Gate, Bitrexx and Kucoin IEO launchpads. Even the token Ampleforth from one of the biggest exchange in Europe(Bitfinex) is one of the worst performing tokens.

ashmodeus

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somehow I am not surprised about that news .
well , probably because i still following about IEO news .
and for sure , that right , even from high reputation exchange .
btw, u can see current graph about ROI/profit from IEO project here

BeginToMine

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I do not trust exchanges and IEO because many are scans and gas no working product, it's still best one doesn't look at exchange but look at project before investing, imagine such list from investors..that's pathetic I must say.

JeotQ

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It means people should still do research on IEO projects and not rely on exchanges doing it for them, i still don't know how accurate this is because many IEO projects from top exchanges are good projects, few lose value but it's basically because of market condition presently

Mianae

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I made this assertion during the onset of IEOs I was of the opinion that it would turn out just like ICOs or even worst. IEOs were a means of raising quick profits for both the project and the exchange as well. Binance IEOs made lots of money for Binance due to transactions charges on trades during the pump of IEO tokens. Binance token had an increase in prices as well during the NG this period.

starblocks

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It is normal for projects to depreciate a little once they've listed and there's a period of time where the milestones are being worked on but provided you've chosen good quality IEOs and invest wisely and optionally trade to obtain better value out of your investments you shouldn't be in a losing position overall

sureshnsnet

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We know about what was happened in icos at the end now time for ieo take that place to stolen investors fund as per my research about ico or ieo are 90% end with scam or worthless now and we can see only 10% genuine now, so before going to invest in any ieo we have to think and do some research about ieo they are genuine or not.

shinratensei_

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Quote from: pakhitheboss on December 23, 2019, 08:51:11 PM

Investing in a startup is very risky!

IEO's gave that opportunity through an exchange removing the possibility of a scam. But, most of these IEO's did not even achieve there targets and were straight away listed on an exchange. This caused them to tank after listing. This is one of the reasons why investors lost money.

Exchanges should have never allowed those listing. Reputation of these exchanges are now questionable?

The only guarantee that already taken by those investors is the instant listing on the exchange site and that's the only thing that has been used by investors to bet on the IEO. I don't see another factor that can make it becomes reasonable as it's a very high-risk decision because the new company is not even having track record.
The credibility of such a company still unknown.
Remember about the only reputable exchange sites are putting very strict rules but garbage exchange site just care about the money that they will get it from the fees.

pakhitheboss

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Investing in a startup is very risky!

IEO's gave that opportunity through an exchange removing the possibility of a scam. But, most of these IEO's did not even achieve there targets and were straight away listed on an exchange. This caused them to tank after listing. This is one of the reasons why investors lost money.

Exchanges should have never allowed those listing. Reputation of these exchanges are now questionable?

Aabcde

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That's why I stopped being an investor in tokensale, whether it's ico or ieo. Come to think of it, those developers can't guarantee profits for their investors. They can only provide initial bonuses for investors which when entering the exchange, the bonus is not useful either. And I think this is a foolish act.
Investment service providers of IEO should be aware of this situation. If ieo continues to disappoint, we can be sure the prestige of the exchange will also be affected.

leowonderful

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Bitcoin FTW!

Not surprising to me at all considering we're nearly back to Bitcoin's price in May, which is referenced in the Bitmex article in question, and alts have been rising slower and dropping as fast if not faster than Bitcoin recently. Also shows the underscores the downside of the strategy of investment many people use of placing lots of money into various IEOs or ICOs and waiting for them to rise- even though a few of them might rise rapidly like MATIC, the vast majority of them do poorly and you won't necessarily be able to offset the losers with winners.

btc_angela

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So by now we can conclude based on that report, that IEO and ICO does have similarities. Everyone thought that the IEO will be the next best thing, however, it's pretty much the same, just another name. But in the end, you can still loss your money or could be pump and dump by bad actors from behind. So only those who have huge capital can take advantage again and create more money thru this IEO craze.

VanDeinsberg12

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Quote from: passwordnow on December 23, 2019, 12:24:59 PM

This could be the reason why there's a sudden silence that came in for IEO lately. I haven't heard that much hype with it these days because of the introduction of it which made a lot of expectations and people turning to rush with investing to every IEO that will be done by an exchange.

it looks like all of the exchange sites are aware about the situation when the market is getting bearish trend and that will be affecting the position of the ico but as far as i know if some new IEOs on binance are still reaching the hardcap, the bad part those IEOs are getting a very bad return that already traded below the ico price as the first listing price.
that's very bad to see that but ico is not worth anymore.
People are still staying away from the market too right now.

tenakha

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I do not think we need statistics for this, which is easily visible when we look around. Even the Binance IEOs, which everyone thinks are the most successful, return its deserved price as time goes by. At a time when the market is in poor condition, only HYIP increases. There are surely some projects that do not belong to this view, but the majority is the same. I can not give you a suggestion not to invest in IEOs, but try not to be victim in these movies.

Stargazer

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Quote from: SolarWindMiningCompany on December 23, 2019, 01:30:20 PM

Despite the scary fact from Bitmex as long as investors and developers don't get an alternative crowd funding option that can offer investment security and immediate exchange liquidity then IEO remains the only option forseable. I have seen some adverts on Initial Model Offering (IMO) which entails perioding investment of a particular project after passing the investors appraisal mark but the fact that this model also locks 90 percent of investors token which will be release through out 366 days also makes it less desirable for investors. So we are stuck with IEO till further notice

Not many people know about IMO, mate. So, after ICO, the crypto world knows about the IEO as it is appreciated by the giant exchanges like Binance, Huobi, Bittrex and so on. I don't think these big exchanges will let IEO ends because they can earn such huge money from their IEO launchpad! And of course, Bitmex was not honest enough to make this list. overall, I am with IEO and waiting for the next IEO on Binance Launchpad.

Topic: Bitmex Research Reveals That investors have lost about 98% Investment in IEOs. (Read 183 times)