Topic: IEO: A professional scam - page 6. (Read 772 times)
There is a new model today which I've read recently such as Initial model offering (IMO) for more information about it here is the link https://bitcointalksearch.org/topic/will-initial-model-offeringimo-replace-initial-exchange-offeringieo-5197057 There is nothing much different about it but simply just having a wallet for investors and exchanges, this still is not going to work just like the old days where there is freedom. In search for adoption, it only lead us to centralization.
Still, if I don’t want to deceive myself, the reason why I would like to choose IEO is because it pumps easily, and this makes it gives profit easily, most of the IEO projects that I have seen these top exchanges carry out have nothing less than 400x as profit which is really a very good deal for nay business man.
If you talk of technology, I think I would still prefer to make use of those top coins that are in the market, they are the ones that really have the technology that is needed to really make the economy of any country good. another thing that I like IEO for, but from top exchange is the fact that they are still secured, they are being released by top exchanges who would not want anything that will tarnish their image, so this makes them to verify projects thoroughly.
If you talk of technology, I think I would still prefer to make use of those top coins that are in the market, they are the ones that really have the technology that is needed to really make the economy of any country good. another thing that I like IEO for, but from top exchange is the fact that they are still secured, they are being released by top exchanges who would not want anything that will tarnish their image, so this makes them to verify projects thoroughly.
Yes there are promises that are not kept and exchanges that declare not the going amount collected there is a lack of transparency
All crowdfunding models have their own disadvantages and risks. In fact, when you invest in an ICO and an IEO, you are participating in a game, the winner will win the money of the loser. it's not a game anyone can win, so if you lose you can only blame yourself.
investment model does have a game in it, IEO investment is not always wrong all of them and not all of them are right. I have stayed away from investing in new coins for quite a long time because several times did not get good results. I'd better be a participant than an investor, I'm more willing to lose time than my funds even though it's not good either 
All crowdfunding models have their own disadvantages and risks. In fact, when you invest in an ICO and an IEO, you are participating in a game, the winner will win the money of the loser. it's not a game anyone can win, so if you lose you can only blame yourself.
Not every ico was scam and not every ico ended up landing on the moon. Likewise, not every IEO will land on moon. We have to take care of our hard earned money ourselves.
IEO is just the other version of ICO, the only difference is that IEO offer confirmed listing after the sale that is why a lot of investors choose to participate in IEO but sometimes they forgot to make proper research because they are only focused in listing on the exchange. I agree with OP that IEO can be called "A professional scam" since the exchanges are involved.
So far I also have been suspicious of this, because many ieo that take place in exchange cannot maintain their prices when the sale is complete, just imagine there is an IEO developer who offers their token prices in exchange for $0.05 but when ieo closes the price even goes down reached $0.002, and I began to think that ieo also could not promise profits for investors who invest so, it is not wrong if we can say if ieo is not better than ico. 
IEO are ICOs hosted by exchanges. ICOs gets investors with filled wallets while exchanges gets direct money from the project/a commission and probably new users.
Exchanges could do whatever to make the investors believe the IEO token is a good project. And make it seem profitable anyhow. Much of the data are surely manipulated which makes both investors and the exchanges vulnerable for long term.
Exchanges could do whatever to make the investors believe the IEO token is a good project. And make it seem profitable anyhow. Much of the data are surely manipulated which makes both investors and the exchanges vulnerable for long term.
IEO is just the other version of ICO, the only difference is that IEO offer confirmed listing after the sale that is why a lot of investors choose to participate in IEO but sometimes they forgot to make proper research because they are only focused in listing on the exchange. I agree with OP that IEO can be called "A professional scam" since the exchanges are involved.
A lot has been said about IEO. Many seeing IEO as a way out in cryptocurreny, hmmmm..... is that it? don't be fooled. Many of the so-called big exchange have enriched themselves through IEO. Why do you think some projects from nowhere conducted their IEO on these so-called big exchange, it will shock you to know that a reasonable amount of these tokens are going to the exchange and the exchange is ready to dump on you the moment the token is listed or after some pump. They encourage you to hodl but they will not hodl. It is all about pump and dump. You may want to argue because you have benefited one out of many times. Have you asked yourself, how many were able to buy at IEO, they want you to come and buy on the exchange after making it look like a sold out, why sold so little at IEO when you have buck of it in store? Professional scam.....Believe me, there is more to IEO on big exchange than you can imagine. Be wise.
Most likely it would be the case to most IEO's as I often regard it as just a polished form of ICO with no significant advantages to offer other than a big possibility of being listed on the exchange who hosts it! And naturally these exchanges would also try to get as much profit as possible in conducting these IEO's be it a form of token shares or worst, there is the possibility of conniving with the project's core team to initiate a pump and dump scheme as what OP had suggested.
That is why its very important to recognize the traits of a good project before anyone invest in it, likewise, we should also learn if a project has good fundamentals and identify any red flags that would suggest the project is a scam so that we can avoid it and alert everyone as early as possible.
So beware guys, a project having an IEO is not a guarantee that it will not turn out to be a scam, in fact in some cases, the opposite is true!
can't disagree with you!
just like ICO of last few years. showing us some shit stuff and rasie money then disappear.
with IEO, they just dump and dump it down to nothing. that's how un-wise investors lose...
just like ICO of last few years. showing us some shit stuff and rasie money then disappear.
with IEO, they just dump and dump it down to nothing. that's how un-wise investors lose...
The new trend of the crypto market is that IEO has gone well and there are very few people benefiting from the projects organized by IEO. In the beginning of that IEO trend was BTT, a cryptocurrency of the online data platform Bittorrent, which has increased its value many times. The projects that were organized by IEO later were similar. I think the exchanges have teamed up with IEO project owners to create ponzi models that make the value of these projects rise abnormally high. Garbage projects have also been organized by the IEO and prices are uncontrollably discounted.
All crowdfunding models have their own disadvantages and risks. In fact, when you invest in an ICO and an IEO, you are participating in a game, the winner will win the money of the loser. it's not a game anyone can win, so if you lose you can only blame yourself.
When the IEO tokensale model started off, it kicked off with a great start because there were lots of good projects around just waiting to conduct their tokensale with already developed products but as time went on, people's standard started reducing and all they started caring about was just the exchange where the tokensale is being held because of profit.
Centralised exchanges are not Non-profit organisations and we always have to bear this in mind and when they see opportunity, you don't realistically expect them not to take advantage of it and make as much profit as possible and this is what they do in most cases, and nobody really complained about the quality of projects until the IEOs stopped yielding their desired results.
What I am trying to say is that even as investors in IEOs, you heart was never in the right place, it wasn't about the Tech or the project, it was basically about the profit and if the shittiest project gave the highest profit, it would have been seen as a resounding success and this is exactly what the exchange's did as well in order to maximise their profits, the basic problems are we the investors, we are the ones who allowed it all to happen.
Centralised exchanges are not Non-profit organisations and we always have to bear this in mind and when they see opportunity, you don't realistically expect them not to take advantage of it and make as much profit as possible and this is what they do in most cases, and nobody really complained about the quality of projects until the IEOs stopped yielding their desired results.
What I am trying to say is that even as investors in IEOs, you heart was never in the right place, it wasn't about the Tech or the project, it was basically about the profit and if the shittiest project gave the highest profit, it would have been seen as a resounding success and this is exactly what the exchange's did as well in order to maximise their profits, the basic problems are we the investors, we are the ones who allowed it all to happen.
A lot has been said about IEO. Many seeing IEO as a way out in cryptocurreny, hmmmm..... is that it? don't be fooled. Many of the so-called big exchange have enriched themselves through IEO. Why do you think some projects from nowhere conducted their IEO on these so-called big exchange, it will shock you to know that a reasonable amount of these tokens are going to the exchange and the exchange is ready to dump on you the moment the token is listed or after some pump. They encourage you to hodl but they will not hodl. It is all about pump and dump. You may want to argue because you have benefited one out of many times. Have you asked yourself, how many were able to buy at IEO, they want you to come and buy on the exchange after making it look like a sold out, why sold so little at IEO when you have buck of it in store? Professional scam.....Believe me, there is more to IEO on big exchange than you can imagine. Be wise.
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