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Topic: Some IEOs could also turn out to be scam - page 7. (Read 13096 times)

hero member
Activity: 924
Merit: 520
Yes its possible that projects conducting an IEO could be a scam since all of them started with legit impression until some would run away with investor's money or not delivering a product. We must always keep in mind on these possibilities and not be overly unsuspecting on these projects. Vigilance is the key!
sr. member
Activity: 1386
Merit: 283
Actually not all IEO are scam we can choose also those potential IEO and trusted. Some IEO are good to invest and already listed in exchange, But we must be careful always even if listed they are have time to dump so much the price.
member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
now so much IEO is held on exchanges that are little known and after listing for almost a couple of days the volume disappears, so I am cautious about IEO on little-known exchanges.
full member
Activity: 402
Merit: 101
Yes, that's the truth, IEOs are not so different from ICOs or ITOs. IEOs doesn't guarantee a scam free invesment, neither does IEOs means investments in a project will be profitable.
Due diligence is the safest way to go, It does not matter if it is an ICO, ITO, or IEO.
no i don't agree with your statement, IEO is more safer than ico campaign, because investor fund are escrowed by exchanger, and guarante are running normally until end of IEO and listed in the exchange
jr. member
Activity: 152
Merit: 1
Yes, that's the truth, IEOs are not so different from ICOs or ITOs. IEOs doesn't guarantee a scam free invesment, neither does IEOs means investments in a project will be profitable.
Due diligence is the safest way to go, It does not matter if it is an ICO, ITO, or IEO.
full member
Activity: 882
Merit: 100
In 2017, people thought the same about ICO. At that time, the ICO was a novelty and people invested a large amount of money. But after a while, the ICO began to behave like a scammer, and now he's dead. The same is waiting for IEO.
member
Activity: 462
Merit: 10
It seems to me that, nevertheless, the trading exchanges on which IEO also held are, to some extent, the guarantor of the fact that finding new projects is not the development of fraudsters.  They also check not only documents, but also other information from the team, and they must also take certain fees for conducting IEO on their platforms.
sr. member
Activity: 588
Merit: 250
Of course we can not say that IEO is a safe tool for marketing. It all depends on the time. As soon as people are sure that IEO will never deceive them, he will immediately do it.
full member
Activity: 402
Merit: 101

There are already IEO scams in yobit, I'm pretty sure if can also happen to the new exchanges that were doing IEO today. Maybe if they are going to be doing IEO to several exchanges will makes our hunches gone but if they are doing it to an unknown exchange probably newer exchange, you're better not joining. Worse is that if an exchange is part of these bigger scam.
ahhh, i'm forget about Yobit IEO because i never open or visiting this exchange again since more than 1 year ago.
and for me i never recognize yobit as an exchanger  Grin Grin so, especially knowing about those scams IEO, visiting the site i never do that
sr. member
Activity: 1610
Merit: 372
maybe the risk is smaller when compared to ICO and we still have to be careful and choose a big exchange and research the project as well as possible before investing, because where there is an opportunity, the fraudsters will try to enter.

The risk is almost zero, unless you use the services of SCAM exchange, then do not be surprised, on such exchanges any IEO can be a scam. Unfortunately, people still continue to use such platforms.
member
Activity: 462
Merit: 42
Don't let people fool you. That's why sharing is so important. it concerns many people, especially the first entrants. follow. plenty of earnings for everyone.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
The scammed people are looking for another option in order to protect their crypto and emotions. IEOs are not providing the best security but it is the best available option in this situation. No guarantee for anything related to crypto projects.
There's no guarantee but since it's trending nowadays that's why many investors are taking the risk, they also have the same idea where there's no assurance even it's already an IEO's chances that exchange and the project developers can make a deal and dumped the project after the sale period
is over would be the risk to take.
member
Activity: 644
Merit: 10
Still only we can be sure about the projects those holding IEO at reputed exchanges. As above explain top exchanges can't lost their customers, But some shit exchanges  don't think about their reputation and holding whatever project even if they don't have well plans.
jr. member
Activity: 552
Merit: 1
The market for ICO is down, so scammers are not getting fund from them as they used to. Therefore, in order to cover for these lapses they would opt for what is trending, which is IEO.
Scammers will find it difficult to infiltrate bigger and reputably exchanges go perpetrate their evil act, which makes it safer. Instead they would go for scam exchanges, that will not bother to checkmate whatever is coming in, because of the fund they also want to raise for themselves.
legendary
Activity: 1260
Merit: 1001
The scammed people are looking for another option in order to protect their crypto and emotions. IEOs are not providing the best security but it is the best available option in this situation. No guarantee for anything related to crypto projects.
legendary
Activity: 1311
Merit: 1000
People don't care about scam IEO,because exchanges provides liquidity and as for other problems it doesn't matter. That is the main reason.
Better think about your approach to select IEOs
jr. member
Activity: 140
Merit: 1
Obviously they can be a scam to even they are already listed in exchange,so its the same with some ico pro3 that has been scam also so i rev3 projecta before joining and i have found this project the Dencoin and its good for investments.
member
Activity: 340
Merit: 10
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.
Binance is a place where all projects want to look. This is good for them to choose an IEO. Small exchanges are the opposite, they do not have much choice for the IEO. This makes it easy for them to pass the project's dangerous details only so that both can be IEO.
full member
Activity: 966
Merit: 111
They will not conduct an scam IEO intentionally that's sure but if you are thinking of investing small exchange IEO, that's risky. Some new exchange has popped up now to conduct IEO.
That's the difference now, that IEO scams are determined by large or small exchanges. Because big exchanges don't want to do this kind of thing which makes the reputation of the exchange destroyed. That is why, many people who suggest when they want to invest, of course what they see is the project and its exchange.
full member
Activity: 644
Merit: 103
ive only participating in IEO on big exchanger, simply because almost all of crypto held IEO on big exchanger can pumped right after IEO end, but i will sell after that, yes youre right IEO can turn to a scam, thats why i only invest long term in bitcoin and few big coins
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