although IEO is more trusted than ICO for now does not make ICO no longer in demand, ICO continues to run even though there is less demand.
and also IEO does not all go well, there are new listings, then down to 84% and occurs in one large market.
so IEO is only a guarantor of the coin will be listed, but does not guarantee a price decrease when listing.
Topic: Some IEOs could also turn out to be scam - page 2. (Read 13096 times)
i have seen some IEO failing after token sales , when IEO started we were excited that at least the new method of token sale will help eradicate scam projects who run some do not have sales due to investors reluctant attitude in investing in crypto. we still need to be wise enough to carry out our own research before investing.
There is always such a possibility. I like IEO's and trust them more than ICO's, but only if IEO is conducted on trusted exchange, for example Binance. But even then you can be scammed, as no one can guarantee you that this or that project isn't a scam. Everything can happen, even on a major exchange.
low rated exchange usually have nothing to lose when it comes to reputation so they usually could turn out to be a scam or the project itself is a shitty project that usually being dumped after the funding.If it's the major exchange they will definitely put their project into consideration whether it will make their reputation bad or not. major exchange always put the reputation above anything else and if there's only one project that turn into a scam or becoming a garbage project they will definitely lost a lot.
An IEO does not guarantee the legitimacy of a project. As an investor it is still your responsibility to read through the whitepaper, check the illegibility of the team ng gauge whether the project has an intention to feliver a good product or service in the future before supporting and investing on it.
I am sure that whatever the exchange did not hold IEO it will not allow to participate frankly fraudulent projects and if you do not get a big profit, then at least you can return your money. However, it is still better to participate in IEO only on large and well-known exchanges.
maybe what you said is true but so far I haven't found any cases of IEO project fraud. Well, it can't be denied anymore that scamers are always around us, so all possibilities can turn evil at any time. The point is always be vigilant and don't be careless in everything you do in this industry.
Scammers don’t stop improvising on new techniques to scam people, we already saw how they polluted ICOs, therefore we have to be extra careful on IEOs. They have exploited the ICO and in no time will go after IEO to do the same
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Most IEO turn out to be scammed because new exchanges only care about making revenue without thinking of investors and their reputation.. Most exchange has tarnished their image for listing scammed project.. When its come to IEO big exchange like Binance they always think about their reputation too. so investor have be careful to choose trusted exchange when it come to IEO.
That's also one reason why investors don't invest and its because these new exchanges such as Vindax are going to ask KYC documents from them. This isn't acceptable for them and I have some doubts the projects doing IEO in these new exchanges are somewhat making these team an accomplice to their charade. These teams are the first to appear scam and then the exchanges later on but it may take time before they close just like how the previous exchanges had close all of a sudden.
Most IEO turn out to be scammed because new exchanges only care about making revenue without thinking of investors and their reputation.. Most exchange has tarnished their image for listing scammed project.. When its come to IEO big exchange like Binance they always think about their reputation too. so investor have be careful to choose trusted exchange when it come to IEO.
Only the IEO has a good project and is done on a good exchange, which is also able to make investments in the IEO to benefit. So don't ever expect that all IEOs will make you profit. It must be remembered that not all IEOs can make you profit.
Correct the advantage of IEO is in a good exchange which is we have a guaranteed to got our token instantly because if the exchange is unknown the impact to the contributors is no that big so in every way that we do is to become more wisely. There is always such a possibility. I like IEO's and trust them more than ICO's, but only if IEO is conducted on trusted exchange, for example Binance. But even then you can be scammed, as no one can guarantee you that this or that project isn't a scam. Everything can happen, even on a major exchange.
IEO can help from the investor's point of view but what about technical development of project? I don't think conducting IEO from Binance will help projects will technical aspects too. So it is not always possible that IEO will success, they do have more success percentage than ICO but they are also not full-proof.
There is always such a possibility. I like IEO's and trust them more than ICO's, but only if IEO is conducted on trusted exchange, for example Binance. But even then you can be scammed, as no one can guarantee you that this or that project isn't a scam. Everything can happen, even on a major exchange.
I don't think Binance will conduct a scam IEO ever. Look at their every IEO projects, all have unique technology with unique product idea! BitTorrent, Harmony, Matic, Elrond all are great invention of this year. After Binance, I would prefer to look at Gateio IEO projects. All are very successful and doing very good for the crypto industry. Though Perlin, Data protocol IEO wasn't enough success on Binance Launchpad yet those projects are great!
There is always such a possibility. I like IEO's and trust them more than ICO's, but only if IEO is conducted on trusted exchange, for example Binance. But even then you can be scammed, as no one can guarantee you that this or that project isn't a scam. Everything can happen, even on a major exchange.
nothing that wont be done or change when we can always profer solution to any problem and it will all start from vulnerable thing and there goes the problem and solution which gave the same ideology to some exchange that has no integrity to conduct ieo and definitely the funds will end in scam so it will be advisable to conduct or buy ieo token from top exchanges in other to be save from scam.
Regarding the scam when the price of the coin or token IEO continues fall then there are also those who say scam, so anything that is not in line with investor expectations often used as a scam indicator.
yes, we cannot guarantee that a project will not be scammed if they do IEO. in fact, they could be a scam after IEO ends. in this investment, we really need to see the concept of a project. in addition, conducting other studies so that the project will certainly run is important. some IEO projects that I support don't even list in the market where IEO is. however, I think it's better than IEO. Well, it can be said that IEO's chance of success is greater than ICO's.several other projects also only registered their tokens in IEO and did not make any progress after that.
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.
IEO organized in small exchanges is very risky because little exchange does not filter out real projects or they just want to earn money and profits do not think about the fate of investors who spend a lot of money to buy tokens fraud. Investors are now getting smarter they prefer to invest in large exchange binance and okex. Of course, raising funds in IEO mode reduces the risk for investors, but it does not guarantee that these projects will also not be fraudulent or will not be successful in the future and will leave the market. This is still the same ICO project, only fundraising is carried out through the exchange and it does its verification of the project's prospects. The reliability of the IEO project increases if the exchange is well-known and with a large trading volume. Many teams conduct an ICO first, and then fundraising continues in the form of IEO. However, both of these forms will not be completely successful if the bear market continues for altcoins.
Even there is a bear market, the projects whether it is ICO or IEO can still push through and become successful if their project is really good and useful. Some of the IEOs and ICOs turned out to be a scam because the team didn't do their work anymore to make a progress and they just abandon the project like nothing happen. It is important for an investor to look for projects that has a very productive team and really dedicated to their project to make sure that his investments will not go to zero.
Of course, raising funds in IEO mode reduces the risk for investors, but it does not guarantee that these projects will also not be fraudulent or will not be successful in the future and will leave the market. This is still the same ICO project, only fundraising is carried out through the exchange and it does its verification of the project's prospects. The reliability of the IEO project increases if the exchange is well-known and with a large trading volume. Many teams conduct an ICO first, and then fundraising continues in the form of IEO. However, both of these forms will not be completely successful if the bear market continues for altcoins.
Of course, not all IEOs can be trusted because some may turn out to be scam whereas some may end up unsuccessful due to poor team management, poor product, no use case etc. It is therefore necessary to check the reputation of the exchange platform, run some checks on the project itself to identify its originality and potentials of becoming success before joining the IEO.
In short it will end to do your good research before joining or investing with IEO's. Project that only been judged by hypes and not for the usable contributions around the industry will suffer failures in the long run. People who loves investing with initial offerings needs assess and analyze thefull potentials of any projects that being offered. Developers with good back up supports from known business and community have the advantage
to continue improving the project that they've created. Be careful in placing your money.
Of course, not all IEOs can be trusted because some may turn out to be scam whereas some may end up unsuccessful due to poor team management, poor product, no use case etc. It is therefore necessary to check the reputation of the exchange platform, run some checks on the project itself to identify its originality and potentials of becoming success before joining the IEO.
What distinguishes IEO from ICO is the certainty that the coin or token will be listed on the exchange conducted IEO, which means investors can immediately sell their assets on the exchange.
Regarding the scam when the price of the coin or token IEO continues fall then there are also those who say scam, so anything that is not in line with investor expectations often used as a scam indicator.
Regarding the scam when the price of the coin or token IEO continues fall then there are also those who say scam, so anything that is not in line with investor expectations often used as a scam indicator.
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