Topic: Some IEOs could also turn out to be scam - page 12. (Read 13096 times)
Of course, there is no guarantee that participating in IEOs is any different from ICOs especially when it comes to issues with scam. IEOs are only different from ICOs when it comes to organization with the sales because it is done on the exchange to enhance smooth and fast transactions. IEO can also turn out to be scam hence investors must cling to the routine personal research before investing in any project irrespective of the means chosen to perform the token sales.
I agree with your opinion. I left the ICO. I prefer ieo. Because basically this will provide a sense of security for investors or contributors. Because indirectly the project that can be registered for the IEO is projects that are verified by the exchange market. There is a name at stake by the exchange market to implement the IEO of a project, so this is a strong reason for investors or contributors to believe and feel safe.
This is good reasoning because the lower an exchange is ranked and the less reputable it is the less likely it is to be trustworthy or to be offering a product that has good potential so do ensure you are using the best launchpads and research and compare each prospectus when you evaluate these opportunities
That's true especially when it is promoted by exchanges that are too trusted or just springing up owing to IEO hype. Also, I think a project with good intentions won't try carrying out IEO in new and untrusted exchanges. Nevertheless, irrespective of the exchange let's make it a point of importance to study every IEO thoroughly before getting involved.
I think sometimes that big exchanges are capable of promoting a scam and it will get good profit to early investors. It is easy to be deceived in this space by giving investors just exactly what they want. At a point in time IEOs gimmicks will be exposed. Everyone is here to make profit, so just look for the available one.
There is no doubt that IEOs could be scam. They are nothing but same as ICOs with some security and less risk factor. Cause many big names are into ieo market. But with time many IEOs partnered with many small or even medium size exchange and many of them are not legit. A project offering ieo doesn't mean that it is not a scam. So be careful alway invest in some risk less space. And always do some research on your own before investment. That's it
Well in a way you are right, IEOs have little tendency of becoming scams unlike ICOs. however i don't think it's the best of decisions to take the words of someone and act upon it in cryptocurrencies. It's always best to do your own research into any project before investing into it being it an IEO or ICO.
Of couse that IEOs could turn out to a scam. There is no warranty that this can´t happen. But you can reduce the risk by choosing only IEOs on reputable exchanges - Bittrex and Binance.
nothing any project are safe for investor, all of investation way must have a risk, but trying to invest in cryptocurrency like IEO give us a guarante from xchange and make this project are running as usual, and certainty will listed on market
Its true that some IEOs can turn out to be scam. Some small and unknown exchanges are at play now and they are used as the tool to scam people. These exchanges are exchanges that are not recognized locally or globally. Therefore as an IEO investor, one must be very careful of the exchanges where to take part in IEO. The solution to this is not taking part in IEOs by unknown exchanges.
Actually some Exchange related of IEO project unknown for us, Because we are only knows to those popular we always trade in the exchange site like binance, kucoin or any in top exchange. But in this IEO i'm just curious about the small exchange site are they connected so i'm hesitate to trade some of my coins on there. 
As the name goes, Initial Exchange Offering, that is to say the exchange in question plays a vital role and as such must be trusted. The truth is a reputable exchange will always try to retain its integrity and reputation thereby will put extra measures to ensure its users are not victims of scam.
As an investor, i cannot participate in IEO conducted by small and new exchanges. The main reason why IEOs are preferred to ICOs is because they are more prone to scam than ICOs, and this is because the exchange validates its legality with their reputation. Imagine Binance or any top exchange conducting a scam project, it will jeopardize their integrity, and these exchanges do not want their integrity in question, so they only offer legit and promising projects IEO. New exchanges do not have the reputation to validate a project, they are just after the profit, SO they might promote a scam project either intentionally or unintentionally.
But even Binance has been forced to delist coins whose developers dropped the project or ceased to be interesting for investors, which means that even the support of a highly prestigious exchange is not an infallible guarantee that this or that project will have great success in the long term, that is why it does not matter who endorses or sponsors an IEO, we should always be aware that the possibilities of suffering losses are inherent to this type of investment, so even when investing in Binance only we must invest the capital that we can afford to lose.
I agree with your points and that's the way it is. IEOs has proven to an extent to be better than ICOs.
Irrespective of the fact that IEOs are trending now, but with time and if care is not taken scammers will start coming up, thus the importance of going for IEOs in trusted exchanges. We should try our best not to give scammers chances again.
When IEO turns out scam we can put the blame on the exchanges to bring ul the IEO into the surface and they are the one responsible to inspect the IEO, I mean the IEO must have rewarded some portion to the exchanges and that does make sense for the exchanges to be responsible. Irrespective of the fact that IEOs are trending now, but with time and if care is not taken scammers will start coming up, thus the importance of going for IEOs in trusted exchanges. We should try our best not to give scammers chances again.
I agree with your points and that's the way it is. IEOs has proven to an extent to be better than ICOs.
Irrespective of the fact that IEOs are trending now, but with time and if care is not taken scammers will start coming up, thus the importance of going for IEOs in trusted exchanges. We should try our best not to give scammers chances again.
Irrespective of the fact that IEOs are trending now, but with time and if care is not taken scammers will start coming up, thus the importance of going for IEOs in trusted exchanges. We should try our best not to give scammers chances again.
Some projects are not trustworthy, they hides under an IEO launch to lure investors. Why most investors prefers to invest in binance launchpad, its strict but it's guaranteed to get your investment valued.
IEO investment are not always trustworthy, n number of exchanges are available in the market now. Those all exchanges are launching the token with the name of IEO. Those small exchanges are listing the tokens for cheap price already.
As like that they never stand with the same craze over the IEO. May be 1 year then again ICO will be the option for us.
As like that they never stand with the same craze over the IEO. May be 1 year then again ICO will be the option for us.
Its true that some IEOs can turn out to be scam. Some small and unknown exchanges are at play now and they are used as the tool to scam people. These exchanges are exchanges that are not recognized locally or globally. Therefore as an IEO investor, one must be very careful of the exchanges where to take part in IEO. The solution to this is not taking part in IEOs by unknown exchanges.
Of couse that IEOs could turn out to a scam. There is no warranty that this can´t happen. But you can reduce the risk by choosing only IEOs on reputable exchanges - Bittrex and Binance.
Imagine fraudsters who conspire with a cryptocurrency exchange. And that they will steal $ 100,000,000 and then you yourself will figure out the credibility of authority. No one can give us guarantees of success. Keep this in mind when choosing a project and you should not believe the picture.
Exactly! Gaining reputation would take years and years to build but it would take only one mistake to ruin it all.
So I believe, BNB is doing their safety precautions with the projects that they are including in their launchpad.
However, it is not a guarantee that a certain token will always rise. But to research that the authenticity of the project is their responsibility.
Yes, I agree with you. Some days ago, Faireum IEO was held in p2pb2b exchange. Within 3 hours the exchange declared the FAIRC IEO is finished! Later then, the Faireum team released an article about the false raise! P2pb2b is the worst exchange I have ever seen! So, it is possible to scam people in IEO! That's why people should be encouraged, strong and faithfully!
No doubt that these small and new exchanges will try their luck in IEOs.
But honestly, their integrity is very questionable.
The possibility of scamming potential investors under substandard exchanges is very high.
So take precautions on investing your money with this kind of exchange.
Till now I haven't heard or read in the news about IEO's that turned out to be a scam. So far majority of IEO's are legit and some of them are not raising enough money. Still Binance launchedpad is still the most reliable IEO's and investors are have high trust in the projects listed in Binance.
Yes. They can easily be manipulated by means of exchange itself purchasing huge amount of the entire supply of the coin and hyping it up
then sold it directly if the price do tends up to rise more than on the initial price.The only thing that do differs this thing to ICO is that these IEO tokens
is already on exchangers.
then sold it directly if the price do tends up to rise more than on the initial price.The only thing that do differs this thing to ICO is that these IEO tokens
is already on exchangers.
I do not think so, only small and unpopular exchange exchange to announce the sale of IEO. As for Binance, they have been stolen by hackers 7000BTC but they can still handle them. So why do you think that with projects that raise a few million dollars, why does Biance do that?
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