Scammers are focusing on IEO Funds - page 3.

nicecrypto

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Quote from: Stanlo on August 08, 2019, 02:13:48 AM

IEOs are becoming a threat to those who rely on choosing project from any exchanges,low rated exchanges have already joined the IEO rollercoaster and projects funds are been raised through these low rated exchanges which to me is a very dangerous risks for anyone who invest in projects from low rated exchanges or even new exchanges.

Do not forget that many new projects are coming into crypto space focusing only on the funds they will raised through IEO/ICO

what exactly are you saying in essence? that all low rated exchanges are possible scammers, you could be right or wrong as this is just base on your personal assumption and nothing else, many project go for the low rated exchanges because they are more affordable and their conditions are more flexible than that of the high rated money milking exchanges, what is the benefit of given almost half of the worth of your project to a high end exchange when you can get similar services for less Huh

Those who list on low end exchange know the reason why.

bitsurfer2014

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Activity: 924

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These illicit activities have already been known for quite some time and fortunately more and more people in the crypto-community are all getting aware of this schemes and becoming more vigilant than ever. Again, conducting a comprehensive and thorough research on the integrity of these projects is a must so that we can combat this fraudsters and altogether discourage them from doing this shameless acts.

Tarion

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Activity: 224

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Thats why I am taking part in IEOs only on big exchanges like Binance. On such an exchange, you can be sure that the project is legit and that your funds can be safe. Moreover, every single IEO on Binance gave profit.

Ranly123

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Quote from: Stanlo on August 08, 2019, 02:13:48 AM

IEOs are becoming a threat to those who rely on choosing project from any exchanges,low rated exchanges have already joined the IEO rollercoaster and projects funds are been raised through these low rated exchanges which to me is a very dangerous risks for anyone who invest in projects from low rated exchanges or even new exchanges.

Do not forget that many new projects are coming into crypto space focusing only on the funds they will raised through IEO/ICO

So what's the solution for this new and low rated exchanges? Of course new projects will choose this exchanges because they are still needing funds. So the cheaper the exchange to start their IEO is much better than taking risks on high rated and expensive exchanges.

J1mb0

hero member

Activity: 983

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Quote from: Mighty_crypt on August 08, 2019, 04:02:21 AM

The question im dying to get answers for about IEO is

Can a scam IEO projects make it to popular exchanges with high reputation like binance? I think the answer is NO because binance will want to safe its reputation and when taking over a new project's IEO they will make sure that the project teams are real.

I think investors are the one who needs to be careful when choosing IEO projects from new exchanges or not very popular exchanges because when they get enough funds from IEO projects they can easily exist scam.

Exactly, we should not be too greedy to invest in the IEO. Just keep track of big exchanges and join their IEO. Do not try to join the IEO of smaller exchanges because they are not afraid to lose their reputation, they only care about the money raised from the IEO

Lagduf

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That's why we must try to do a lot of research especially to put a lot of our attention to the any IEO that runs in the low tier exchange site, as far as i know low tier are applying the easiest requirements for a new a ico to use that launchpad platform.
This is why low tier exchange's launch pad is riskier compared with the major launch pad.

Alluro

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Activity: 742

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You can focus on top exchanges IEO projects. The exchange is not the only thing to participate in ICO or IEO. The exchange will be guarateed lition on their exchange. The next thing is you have to do your own research about that project before invest in any ICO or IEO. You can focus on their project, future updates, team etc.

Mighty_crypt

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Activity: 784

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The question im dying to get answers for about IEO is

Can a scam IEO projects make it to popular exchanges with high reputation like binance? I think the answer is NO because binance will want to safe its reputation and when taking over a new project's IEO they will make sure that the project teams are real.

I think investors are the one who needs to be careful when choosing IEO projects from new exchanges or not very popular exchanges because when they get enough funds from IEO projects they can easily exist scam.

Samboo

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Activity: 434

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www.thegeomadao.com

I have come to know many new exchanges through crypto projects I have participated in launching IEOs. It means that many new crypto exchanges have targeted IEOs to get attention of as many as traders. Some of such exchanges maybe fake. So I also want to ask people that you should take a look at exchanges and its reputation before participating in any IEO.

Herbert2020

legendary

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what you call "low rated exchanges" are the same as top exchanges that only have lower volume. they both are doing the same exact thing too. the only difference is that the bigger exchanges have a better popularity so they can get bigger scams that hide their tracks so much better than the shitty ones that have to choose the small exchanges.
in the end the big exchanges like Binance started IEO because they wanted the extremely large amounts of money they earn through bribes they can get in return for advertising the scam fundraising operations.

Stanlo

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IEOs are becoming a threat to those who rely on choosing project from any exchanges,low rated exchanges have already joined the IEO rollercoaster and projects funds are been raised through these low rated exchanges which to me is a very dangerous risks for anyone who invest in projects from low rated exchanges or even new exchanges.

Do not forget that many new projects are coming into crypto space focusing only on the funds they will raised through IEO/ICO

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