Second Attempt: Bittrex Announces Its First Initial Exchange Offering - page 2.

Jating

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They really need to do it as Binance is already far ahead in competition. Kucoin recently has it's own launchpad and Bittrex, after the failed attempt with Raid should be good with their IEO offering.

Now the competition ante is up, so let's see who will survived in this battle. But if you look at the bright side, this is very good for us, we have so many options right now to choose. Lots of FOMO I supposed and I'm sure within minutes the sale will be over so hurry up. Grin

TooDumbForBitcoin

legendary

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Quote from: Tipsters on March 28, 2019, 02:51:16 AM

Probably this will succeed as well. Most coins from IEO launching on top exchange fly. So probably this one will be same with other exchange such as binance and bitmax. People now chooses this kind of project since the trend of 4x to 5x profit is becoming real.

I think people know that now and join the league. This left the ICOs become weak but if you want to find a real and potential project still choose ICO because IEO has more chance to introduced trading tokens not blockchain products.

I think it is unreal to get a chance for buying. Crazy fomo, payments in BTC (you don't need to buy a volatility exchange shitcoin), large personal cap. It will be closed like for a few seconds

Natalim

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BTC to the MOON in 2019

Quote from: Bttzed03 on March 28, 2019, 02:26:45 AM

Quote from: beeelzebub on March 27, 2019, 12:21:51 PM

Even unknown exchanges getting good results with initial Exchange offering. It was surprise that bittrex failed at the first try but they will probably would perform better. Maybe they are not popular they used to be but still it is bittrex.

It's not that the actual token sale failed, it was never launched in the first place.

Can you name some of the token sale on less known exchanges that were successful? I've yet to see one project that would claim they successfully raised funds mainly because of the IEO.

According to this article - https://cryptobriefing.com/bittrex-token-sale-platform/

Malta-based Bittrex will host a multi-million dollar token sale on its trading platform. In an announcement last night, the exchange said its first-ever Initial Exchange Offering (IEO) would be their contribution to developing the crypto industry.

They said it's their first IEO, so that token or coin sale in the past operated in Bittrex exchange was not called IEO, correct me if I'm wrong, but I remember they are selling coins in the past AFAIR.

Tipsters

sr. member

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Probably this will succeed as well. Most coins from IEO launching on top exchange fly. So probably this one will be same with other exchange such as binance and bitmax. People now chooses this kind of project since the trend of 4x to 5x profit is becoming real.

I think people know that now and join the league. This left the ICOs become weak but if you want to find a real and potential project still choose ICO because IEO has more chance to introduced trading tokens not blockchain products.

Bttzed03

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https://bitcoincleanup.com/

Quote from: beeelzebub on March 27, 2019, 12:21:51 PM

Even unknown exchanges getting good results with initial Exchange offering. It was surprise that bittrex failed at the first try but they will probably would perform better. Maybe they are not popular they used to be but still it is bittrex.

It's not that the actual token sale failed, it was never launched in the first place.

Can you name some of the token sale on less known exchanges that were successful? I've yet to see one project that would claim they successfully raised funds mainly because of the IEO.

LbtalkL

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Quote from: takngantuk on March 27, 2019, 01:43:28 PM

Quote from: LbtalkL on March 27, 2019, 01:39:35 PM

I hope there is no problem this time their past IEO was dropped because of some startling issues and there are so many negative vibes spreading, It appears that they tighten their approval a little bit base on this blog I trust bittrex won't disappoint its clients this time and veriblock it appears a trustworthy project.

but I like their way. this proves that Bitrex protects its investors. wouldn't it be a problem if yesterday continued.

and if later the IEO is also canceled, I think that proves that Bittrex is really verifying the projects that are working with them.

Yes but the real credit is to the community they are the one who noticed this issue about that canceled IEO and they message bittrex to their social media, I see a bunch of message on their twitter "cancel IEO" good thing bittrex choose the right action and good luck their upcoming IEO.

Amalker

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Bittrex IEO is very interesting, but I think there are no chances to participate manually by hands because of only 200 places with max $20k cap will succeed and most of them will be scripts.

Mianae

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The first was canceled due to Raids advisor leaving its better exchange protect their legacy than lose everything they have been building for because of IEO. I hope this one goes through.

Natalim

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BTC to the MOON in 2019

I'm not sure but I believe I have seen some successful IEO from Bittrex in the past, that time the usual ICO format is still popular.
They are going with the trend and that's good, with this new trend, exchanges will be benefited more, and of course there will be less scams in the market.

Great action from them and this is just timely.

icalical

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Fully Regulated Crypto Casino

Quote from: coin-investor on March 27, 2019, 09:42:04 AM

If this becomes a huge success, we can expect more to come, like what the article says " IEO model could help restore the trust of investors and push the industry forward." that means ICO and bounty hunting would just become a second for a company to launch their crowdfunding.

Totally agreed, Binance has shown that IEO is actually more reliable and preferable by both investor and developer. If other Big Exchange like Bittrex following it's step, IEO will attract more investor and project developer. But however eventually when many left ICO and pick IEO instead, bounty hunting will be still be needed even when company using IEO, since the competition is getting more tight between project, they will need more promotion.

mrdeposit

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In my opinion, IEOs are not great inventions. The sales in known exchanges causes the price to be exchanged above the sales price. IEOs are currently used as a source of earnings and end will come soon.

ranman09

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This is perfect. I hope this cleans investors doubt on investing in cryptocurrencies with Bittrex as an intermediary.

Quote from: entelechy on March 27, 2019, 12:07:04 PM

When was BreakoutCoin and did it get completed?

I think technically they have the same usage for Bittrex, they both use Bittrex to act as an escrow, but Breakout coin seems to be a straight forward "ICO" using Bittrex as an escrow? Clarify if I am wrong. Is Breakout coin an IEO?

src - https://www.smithandcrown.com/sale/breakout/

thefoex

full member

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I hope this time they don't cancel it again. if the IEO at bittrex is successful this will be an extraordinary thing. binance has already made a surprise and I'm sure Bitrex will follow it too.

kurian

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Initial Exchange Offering sounds new to me anyway, I hold some Binance tokens on their exchange. I am using Bittrex from the last two years. But I really miss an official Bittrex mobile app. Anyway, I am not interested in this IEO as I don't think there would be a much better use of this exchange token other than some reduced trading fees.

entelechy

newbie

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Is IEO really going to be the new ICO? Can it really get anywhere near the same kind of traction realistically?

reda

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Quote from: sarul on March 27, 2019, 02:24:07 PM

Quote from: gantez on March 27, 2019, 12:18:36 PM

Quote from: entelechy on March 27, 2019, 11:03:36 AM

Definitely me as well. Have there been any other big IEO's that have been successful recently? Any good one's coming up?

I think binance had one sometime, perhaps it was successful. I expect that we are going to see more of IEOs as icos have almost gone underground.

Yeah, Binance is the most successful project when holding an IEO. If Bittrex is also a big success in this second round, the term IEO will be increasingly well known and many large projects will come to start IEOs as well.

Even Bitmax also one of the good IEO along with Binance. Why people are choosing IEO nowadays on main factor while investing. We should understand that people are ready to invest on new projects but really do not have hope for further growth. For that mostly people choosing IEO.

rizkyhiw

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Quote from: Olatunjex on March 27, 2019, 12:59:59 PM

Quote from: pawanjain on March 27, 2019, 12:17:24 PM

Quote from: JeffBrad12 on March 27, 2019, 11:26:52 AM

Quote from: cabron on March 27, 2019, 11:10:53 AM

Quote from: OluwaTosin10 on March 27, 2019, 10:39:40 AM

Quote from: entelechy on March 27, 2019, 09:36:41 AM

https://stadivm.com/cc/bittrex-ieo-second-attempt/

"The past few months have seen many positive steps for the cryptocurrency industry in general, such as the further development of the Bitcoin Lightning Network and even a new movie based upon cryptocurrency.

However one development which is been plagued with issues, while simultaneously showing promise, are the introduction of Initial Exchange Offerings, or IEO’s.

Following a controversial first bite at the apple, Bittrex has decided to give Initial Exchange Offerings another try. The announcement came following the cancellation of the RAID IEO a few weeks ago...."

Lol
Let’s call it bittrex second ieo program
The first one was abit messy; but this time around; I can see it thriving already

The first crowdsale done by bittrex as far as I can remember was the Breakout Coin and one that I can think was an adnetwork token too. So far this VeriBlock (VBK) isn't the second at all.

IEO model will help the trust but only for the exchanges that has proven itself from the past. The newer ones today might struggle and team will still prefer to do an ICO.

Bittrex has been loosing a lot of trust not only from the traders but a lot of its customer has already moved to the binance. I heard that one of bittrex ico was getting failed. IEO will not always get success. that depends on how popular that exchange site.

Agree with you. Bittrex has been bringing changes with so many things on it's exchange. The mandatory KYC is the main reason why many people have shifted to binance and I would agree that binance is still far better than bittrex. Binance has it's own 'Binance Launchpad' which is a token development platform for the IEOs and it's going pretty decently. It has been accepted well by the investors and traders. It's recent IEO Bittorrent was very well received by the traders and investors.Bittrex on the other hand screwed up it's first ever IEO for some reason ( I still don't know why). May be once bittrex does a successful IEO then people may gain trust over it again.

you are absolutely right on everything you said about where bittrex got it wrong except where you said bittrex made kyc mandatory for people likewise on binance if you want to participate in binance IEO launchpad you must pass their kyc.

Is this an obligation when implementing KYC at IEO's Binance launchpad? if it's not too problematic for some people and the quality of Binance's quantity is clear, that's where there is more interest from various people, Binance is one of the best now and maybe new platforms arrive in the future if they can be consistent and not far behind come in the future but I doubt that because nothing can change for now despite the emergence of platforms from various directions, but the only mistake that can be just as damaging to Bittrex is that their reputation is not too good for everyone and maybe issuing the current project their proof to increase reputation? it's good to check in the future, come back again because some people hate KYC.

sarul

copper member

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Quote from: gantez on March 27, 2019, 12:18:36 PM

Quote from: entelechy on March 27, 2019, 11:03:36 AM

Definitely me as well. Have there been any other big IEO's that have been successful recently? Any good one's coming up?

I think binance had one sometime, perhaps it was successful. I expect that we are going to see more of IEOs as icos have almost gone underground.

Yeah, Binance is the most successful project when holding an IEO. If Bittrex is also a big success in this second round, the term IEO will be increasingly well known and many large projects will come to start IEOs as well.

crzybilly

sr. member

Activity: 703

Merit: 250

It is extremely important for Bittrex to make the sale go well, because the first project was a real disaster for their team members. I have no doubts that they have selected this project very carefully, because they will not get any third chance.

takngantuk

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Merit: 100

Quote from: LbtalkL on March 27, 2019, 01:39:35 PM

I hope there is no problem this time their past IEO was dropped because of some startling issues and there are so many negative vibes spreading, It appears that they tighten their approval a little bit base on this blog I trust bittrex won't disappoint its clients this time and veriblock it appears a trustworthy project.

but I like their way. this proves that Bitrex protects its investors. wouldn't it be a problem if yesterday continued.

and if later the IEO is also canceled, I think that proves that Bittrex is really verifying the projects that are working with them.

Topic: Second Attempt: Bittrex Announces Its First Initial Exchange Offering - page 2. (Read 471 times)