i found this article posted some time ago
might be worth reading for those who missed it
tl:dr IEOs can be as scammy if not worse then ICOs : /
Topic: IEO: Morton’s fork or salvation? (Read 166 times)
with some recent scam IEOs getting the burn on some people
i found this article posted some time ago
might be worth reading for those who missed it
tl:dr IEOs can be as scammy if not worse then ICOs : /
i found this article posted some time ago
might be worth reading for those who missed it
tl:dr IEOs can be as scammy if not worse then ICOs : /
Talking for the difference, ICO usually find it difficult to get listed in an exchange or reputable one, especially when they are not sincere, not raising enough fund becomes their alibi. IEO has no issues with exchange at least.
You are very correct about these, ICO have challenges in listing because most of them don't have enough funds to pay exchanges for listing while IEO would be listed automatically by the exchanges at which they were carried out on, I think this is just the major difference between ICO and IEO, let us enjoy this IEO genuity why it last because I can assure you that in just few months to come, we would start seeing a lot of IEO scam projects.But, as per my observation on crypto space in last 3 to 5 years, I am sure the success of IEO may last for another 2 or 3 years until finding out some other way of hosting initial cryto offering. But, success of IEO will be purely depend on how strict those exchanges on choosing projects.
Talking for the difference, ICO usually find it difficult to get listed in an exchange or reputable one, especially when they are not sincere, not raising enough fund becomes their alibi. IEO has no issues with exchange at least.
Crypto startups are back on hype, now with the support of the exchanges – let’s talk about the new model of sales.
At the end of the 15th century, English King Henry VII was in sorrow. There was another war with France, and there was no money in the treasury at all. With this dilemma, the monarch turned to his Chancellor John Morton. He thought for a while and decided to oblige those who spend heavily on banquets, receptions, and other attributes of luxury (after all, it’s logical that they have too much money). And also those who live modestly (they must have saved a lot for a rainy day). This electoral principle went down in history as the “Morton’s fork.” And the common people for not being able to choose the lesser of two evils less aptly called it “iguanas-ranas.”
The fast-growing hype around Initial Exchange Offering can bring the cryptocurrency market back to the level of January 2018. And this is good news. In addition, investor confidence in projects grows: the times of ICO and the ubiquitous ditching seem to be long gone. But skeptics are in no hurry to invest in the whole stack and warn: IEO may turn out to be the same shit as ICO. Is it so?
What’s the difference between ICO and IEO?
Read in the article https://shitcoinoffering.com/ieo-mortons-fork-salvation/
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