Topic: Have any chance in the future recent IEO will be like as scam ICO? (Read 12736 times)
This cannot happen because the IEO is done through exchanges so you only need to verify the IEO exchange so you can know if the IEO is fraudulent. This will happen if you can create a trading platform and then self-organize the IEO to steal investors' money. But this is not possible because no investor will accept an IEO through an exchange not listed on the CMC.
April 21, 2019, 05:14:41 PM
Why wouldn't there be scams in IEO? And people act like this is a new thing. Exchanges have hosted third party ICOs in the past. They were just called normal ICOs, not IEOs. And yes, there were many scams on those. Exchanges didn't care back then.
April 21, 2019, 05:09:00 PM
I highly doubt it when it comes to big exchange like binance etc.
If they gonna be scam of course binance and other big exchange didn't take partnership with them right?
And when IEO end, project already list there immediately, so why they must be exit scam?
Same case with medium exchange, they definitely have some policy to check if the project scam or not , so I think just beware and carefull when you choose to invest
If they gonna be scam of course binance and other big exchange didn't take partnership with them right?
And when IEO end, project already list there immediately, so why they must be exit scam?
Same case with medium exchange, they definitely have some policy to check if the project scam or not , so I think just beware and carefull when you choose to invest
April 21, 2019, 04:53:54 PM
Why not. Scammers always appear where there is money and a hype theme. In general, with new exchanges, you need to be very careful now. So, stay safe and recheck everything 10 times.
April 21, 2019, 03:57:29 PM
There are possibilities about this changes and these changes can affect to all kind of altcoins no matter how strong team controls it. In my opinion, IEOs will spread all over the recent ICO review sites during 2020 and other exchanges will join to this new format of token sale.
April 21, 2019, 03:49:08 PM
Well if the exchange that make IEO is new no one can guarantee that the coin/project will not turn into a scam. But maybe on high and known exchange the IEO will be successfull and can make a profit.
April 21, 2019, 01:21:40 PM
IEO is a safe way to reduce the risk of SCAM projects. So, definitely a selection for a project that wants to hold an IEO on an exchanger. So, I think the risk of a scam IEO is zero.
You can’t completely say that, it all depends on how strong the popular exchanges holds the platform and makes it irrelevant to some smaller ones. The problem will not arise from popular exchanges but there is a chance that small exchanges will get caught up with it. Someone once even told me that some scammers even goes to the extent of owning an exchange to scam people, so what do you think of these ones if they come up with an IEO project, this is why we still have to also be a little bit careful in choosing exchanges to participate in, so we do not create another tension in IEO like we did in ICO.
April 19, 2019, 07:23:42 AM
definitely!
already all sorts of exchanges that are not from the first party have IEO and at least one of the projects on one of these exchanges is probably a scam. Participated in his bounty while they were still conducting ICO
In the end, there will still be scams, but there will already be a question of trust in the exchange
already all sorts of exchanges that are not from the first party have IEO and at least one of the projects on one of these exchanges is probably a scam. Participated in his bounty while they were still conducting ICO
In the end, there will still be scams, but there will already be a question of trust in the exchange
April 19, 2019, 07:21:49 AM
Nobody knows what is going to happen, when people will get full of IEOs. It is a normal situation that within time people will want something new that will bring more profit. It can be possible that some exchanges with use the hype of IEOs to trick people.
April 19, 2019, 07:21:11 AM
Of course, there is a chance that IEO would be a scam as ICO was. But, as you know that IEO is on the trend nowadays so I don't think people would make an IEO to scam people.
April 19, 2019, 07:16:42 AM
As you know various ICO's was scam and investors don't trust on ICO's but IEO is a good opportunity for investors and will be little chance to scam.
The current IEO has little risk of fraud or loss, but not all IEOs are good. For example, joining an IEO of small exchange is a mistake, which can cause your investment to be lost
April 19, 2019, 07:15:16 AM
IEO is a safe way to reduce the risk of SCAM projects. So, definitely a selection for a project that wants to hold an IEO on an exchanger. So, I think the risk of a scam IEO is zero.
April 19, 2019, 06:55:51 AM
So far, the main problem of IEO is the dominance of bots. I tried to participate in a few IEO and the bots took less than 10 seconds to redeem all the tokens. In addition, scammers can still successfully redirect you to a phishing site, you need to be sure that you are using the official site and store it in bookmarks.
April 06, 2019, 03:03:12 PM
IEO from my perspective is simply a more secure platform for projects to rise funds. And yes they can turn to scam not only in the future but at any point in time. This is why exchanges have a lot to do to protect investors and protect their reputation.
It's worth noting another positive point from IEO.It helps to create a monopoly of large strong exchanges.The low-volume exchanges and with a bad reputationwill be squeezed out of the exchange market. April 06, 2019, 02:11:43 PM
IEO from my perspective is simply a more secure platform for projects to rise funds. And yes they can turn to scam not only in the future but at any point in time. This is why exchanges have a lot to do to protect investors and protect their reputation.
March 30, 2019, 05:00:04 PM
I have recently visited the bounty thread of this forum. And have founded some token bounties and trying to read details. One token which is running their token sell via IEO. [Initial Exchange offering]. The main fact what I want to say that the exchange is totally new.
So we know that recently Binance have started their Launchpad. And they are success till now. The token sale finish in few minutes even few seconds . So generally now People are finding some project which is Launch by a good reputed exchange Launchpad And people will not invest any ICO.
But scammers will not stop their journey I think. So they will try to scam in different ways.
Now I want to know how IEO will be affected by scammers in the future? And how people can safe from scammers if IEO will be affected? Thanks
So we know that recently Binance have started their Launchpad. And they are success till now. The token sale finish in few minutes even few seconds . So generally now People are finding some project which is Launch by a good reputed exchange Launchpad And people will not invest any ICO.
But scammers will not stop their journey I think. So they will try to scam in different ways.
Now I want to know how IEO will be affected by scammers in the future? And how people can safe from scammers if IEO will be affected? Thanks
I have not seen a single campaign bounty from IEO projects. Yes, they are unlikely to appear, on the major stock exchanges, the IEO collect the necessary amount of investment in a matter of seconds, why should they still conduct a bounty campaign to advertise the project.
March 30, 2019, 04:52:02 PM
I am kind of weary of IEOs as the new craze in token offerings.Every project is now trying to adopt it in order to raise funds,even those that could not meet soft cap with the regular ICO. In almost all cases, there were no improvement on the project,just change on how the money will be raised, that means we will start having every scam projects running an IEO and we are back to where we were.Many exchanges are not in themselves honest.Also, there is nothing that will stop some fraudulent teams from dumping on their own coin.
Teams should focus on building projects that addresses real problems and if it is good enough, they get support from investors, whether through ICOs or IEO.
Teams should focus on building projects that addresses real problems and if it is good enough, they get support from investors, whether through ICOs or IEO.
March 30, 2019, 04:43:28 PM
I believe so. IEOs is only better than ICOs at raising funds and it's not yet fool-proof to investors to say the least. Bittorrent is already trading far lower than its all time high. People who loose money after buying from those that manage to buy from IEO event may get weary one day and withdraw. And the decline will begin
March 30, 2019, 04:37:40 PM
Well, Bithumb was hacked today and what does that mean? That scammers can be IEO's own executors. So only in time will we have the dimension of this sad situation and what impacts will the participants have! I found the ICOs to be fairly centralized, IEOs for me only adds to that feeling. Decentralization is still utopia in cryptocurrency, but any move to centralize only worsens the situation.
March 30, 2019, 04:21:57 PM
I will tell you that such decisions give a new life to the ICO only in a new format where all aspects are not involved in projects but the exchange and the project is engaged in its own development and I consider it a good decision.
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