When ieo started with binance, it roused other exchanges to kickstart the same
But recent discovery tell us that exchange platform charge a lot to list ieo projects for ieo
And also some exchanges conduct ghost ieo and list token to drive in investors only to exit
If ico ieo sto and ito isn’t the way; how then can serious good projects conduct a crowdfunding to help their idea ??
I beg to differ.
Exchange platforms charging a high fee would not be an issue if there was even a fraction of the demand for these tokens when compared to the alt craze of 2017. Back then, listing fees were absolutely over the roof with barely any legitimate, non-hyped up project being able to afford it, yet it can still be financed due to the absurdly easy environment for getting investments.
And plus, people look at IEOs no differently than ICOs now, which is different to when it initially came out with the surprise factor.
At the end of the day, the ICO/IEO market is completely saturated with unwilling investors right now in a bearish environment. That's all there's to it.