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Topic: Some IEOs could also turn out to be scam - page 3. (Read 13096 times)

sr. member
Activity: 1935
Merit: 290
October 09, 2019, 10:01:19 PM
IEO is now available popular but don't expect everyone IEO will make your profits so i don't recommend accept for everyone IEO. I will support a project IEO which project going to be adding is that highly volume exchange. Infact during this time some over smart people tell us IEO more profits but not every IEO will give you profits.
jr. member
Activity: 280
Merit: 5
October 09, 2019, 07:55:12 PM
during the days of ICO, some investment platforms hyped scandalous projects not knowing. gradually, the days of IEOs are dying down, There are projects that had their IEO on big exchanges that are has negative ROI currently. it is all about hype. the crypto business is gradually turning into a mirage.  the more you look, the less you see. investors keep investing and dumping off old projects immediately a new project is on the block.
hero member
Activity: 3024
Merit: 745
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October 09, 2019, 07:19:53 PM
Unintentionally probably.
New exchangers who organize IEO are usually to attract new customers. Exchangers are supposed to screen projects that will be promoted because they involve reputations. Small exchanger IEO is less attractive to investors, maybe because the liquidity is not large so the price cannot be raised when first listing
Reputed exchanges screens the project but I don't know if the lowkey exchanges do this. Might be yes or no, yes in a way that they also want to build trust from the people, might be no because as long as they have a client, they'll dive into it.
sr. member
Activity: 1288
Merit: 253
October 09, 2019, 07:16:32 PM
Almost IEO not scam but lower price than how IEO price for first time sell to investor with IEO time, almost IEO drop half of IEO price time and can't back up to higher than IEO price, many investor just take a while moment with IEO after listing and sell never holding for long time and never keep it for investment assets at the future.
full member
Activity: 630
Merit: 101
October 09, 2019, 07:08:12 PM
Looking for scam? 90 percent of the market will not deceive. Everything goes with money. There are systems that work, but they don't. Everything is still under trial. We are willing to be deceived by entering this market.
hero member
Activity: 1106
Merit: 527
October 09, 2019, 03:56:04 PM
Using this IEO market people who owns the exchange making it as money on listing the scam and unworthy project tokens on their IEO platform. They need to think and list the good projects alone without money expectation.
Unless the people already supports the good ICO no will stop the scam projects.
sr. member
Activity: 1050
Merit: 377
October 09, 2019, 09:37:19 AM
It is necessary to bypass IEO on new exchanges for the simple reason that sales on these exchanges can easily fail, and even if everything goes well, the price of coins drops immediately after listing.
That is, it doesn’t matter whether it is scam or not, all of you will run into the risk that the project will fail. Do not take risks, it is better to try on large exchanges in impossible conditions than on new ones where everything is simple.
member
Activity: 700
Merit: 10
October 08, 2019, 08:01:23 AM
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.

New exchangers who organize IEO are usually to attract new customers. Exchangers are supposed to screen projects that will be promoted because they involve reputations. Small exchanger IEO is less attractive to investors, maybe because the liquidity is not large so the price cannot be raised when first listing
sr. member
Activity: 1036
Merit: 275
October 08, 2019, 07:27:54 AM
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.

Is it that you just realised that? Well, IEO is just the rebranded verious of ICO. It is ICO 2.0 with all the features of it.  Investors just needs to be careful whenever they decide to invest in any IEO. They should make sure they do some research about the project and its realistic nature in terms of its aims and missions.  With this knowledge, you will know whether the IEO project is a scam or not.
sr. member
Activity: 819
Merit: 251
October 08, 2019, 07:27:14 AM
You are absolutely right all IEO's which are conducted on low rank or new exchanges become scam and investors don't take interest in these types of IEO's or very less investors buy these IEO tokens. So always try to invest in IEO which is scheduled to conduct on high rank exchange.
Correct, there are so many IEO's there that's still providing a scam website or simply exchange.  Those exchanges are not legal I mean they are meant to be decentralized to scam people/investors. I have some tips to know if the IEO is legit or not. First it is legit if it's on the legitimate exchange like bittrex, poliniex like that major exchanges. Second is if the partner of that specific IEO token verified their partnership on it.
sr. member
Activity: 854
Merit: 257
October 08, 2019, 05:10:47 AM
no exchange will conduct a fraudulent project, it will spoil their reputation. I do not remember that binance carried out the project which then became scam. On idex and other exchanges, Yes it was. Participate just on good exchanges in IEO
hero member
Activity: 2408
Merit: 516
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October 08, 2019, 04:41:00 AM
However, even Binance has been compelled to delist coins whose developers dropped the project or stopped to enthusiasm for investors, which implies that even the help of an exceptionally renowned exchange isn't a trustworthy assurance that either project will have extraordinary accomplishment in the long haul, that is the reason it doesn't make a difference who underwrites or supporters an IEO, we ought to consistently know that the conceivable outcomes of enduring misfortunes are characteristic to this sort of investment, so in any event, when investing in Binance just we should invest the capital that we can bear to lose.
Who is compelling Binance to de-list those coins?
I used to believe those projects with IEO on their exchange submitted the tokenomics and other roadmap which the exchanges could use to monitor their progress. IMO the exchanges are just about the profits than the success of their IEO projects.
full member
Activity: 882
Merit: 100
October 08, 2019, 04:07:57 AM
I also see a lot of IEOs become scams. I never believe in new projects, sooner or later they will become scams in this market
full member
Activity: 714
Merit: 100
October 08, 2019, 04:01:57 AM
This is true as IEO could fake the volume and the transactions so that it could attract more people to join the investments then after successfully collecting sum of money they will just disappear in the market therefore when joining an IEO we should see first the reputation of the exchanges before the beautiful platform of the project.
member
Activity: 1764
Merit: 10
October 08, 2019, 03:58:06 AM
That's right, because when an IEO is held on top exchanges, at least softcap is almost always collected and hardcap is collected very often and therefore the company will develop in the future with the help of collected funds, but when companies conduct IEO on little-known or scam exchanges, then of course too there is a huge chance that the company will not even collect softcap, or even if they do, they can simply say that they did not collect anything.
sr. member
Activity: 1974
Merit: 453
October 08, 2019, 03:55:30 AM
Initially we were having a lot of good projects with the IEOs. But recently, the quality has gone down by a lot. The medium-sized and smaller exchanges are responsible for most of this drop in quality. Big exchanges such as Binance refuses to list any IEO that they think is not a good one. But the smaller exchanges are ready to list any project, even if the team is full of amateurs and inexperienced people.
hero member
Activity: 1274
Merit: 519
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October 08, 2019, 03:36:58 AM
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.
full member
Activity: 1274
Merit: 100
October 08, 2019, 03:16:29 AM
You are absolutely right all IEO's which are conducted on low rank or new exchanges become scam and investors don't take interest in these types of IEO's or very less investors buy these IEO tokens. So always try to invest in IEO which is scheduled to conduct on high rank exchange.
member
Activity: 532
Merit: 41
October 08, 2019, 02:42:06 AM
I don't think that IEO projects may be fraudulent or scam, scam projects always go into ICO, you can not run IEO with KYC.


I have seen IEO projects that ask participants for KYC, mostly all IEO projects do this, even ICO projects ask for KYC too and believe me this doesn't clear the fact that you won't get scammed because you submit your KYC details, IEO is only safer if they are from big exchanges so you can still get scammed if you join IEOs from low exchanges
sr. member
Activity: 1344
Merit: 270
October 08, 2019, 02:04:58 AM
Many IEO active trading now in exchange market have lower price than 30% from first price with sell to investor on IEO time, why many IEO never back up their price higher than IEO? their coin success sold out at the IEO time and owner get much profit but why never want to buy back when looking price is down.
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