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Topic: Some IEOs could also turn out to be scam - page 8. (Read 13096 times)

member
Activity: 280
Merit: 11
IEO too can be very dangerous at times if we are not careful because of the new exchanges that have joined the league of IEO. Make proper findings before taking part in any IEO, we should understand that in crypto, nothing is 100% certain.
sr. member
Activity: 1372
Merit: 322
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.
legendary
Activity: 2212
Merit: 1041
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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.
hero member
Activity: 2926
Merit: 567
Small exchanges are now doing that, they are  following the leaders and what's trending so we can expect more IEO from the small exchanges, but that does not make them scam, big exchanges have a lot of requirements and it's very costly they opted for small exchanges to save funds and allocate it on the development of the project, but that does make them scammer.
member
Activity: 280
Merit: 15
IEOs are nothing but icos but bit different  version but the naming is different what ever rules of safe investing applicable for icos same for ieos investors should carefully invest in ieos as well
sr. member
Activity: 952
Merit: 250
On idax there are so many IEO's coming and i tried to search those coins and joined their telegram but there is no activity, im guessing its a dead project
full member
Activity: 812
Merit: 100
Although the possibility is not zero, at least the chance to turned into a scam IEO is smaller than ICO.
Do you think top exchange like Binance will launch scam IEO ? If they want to ruin their reputation, yes.
We just need to investing on trusted and reliable exchanges IEO and avoid new exchange IEO to be safer.
member
Activity: 1204
Merit: 38
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.
This is just the beginning in future we may see more kind of scam project event through promoted by the crypto exchanges because there are lot of shit exchanges start doing promotion of new crypto project which cannot be compared to the reputed exchange promotion, so do your own research and invest if you convinced enough to invest on the project.
member
Activity: 476
Merit: 10
Potential investors should study the IEO project, as they previously studied ICO projects. Scam will not go anywhere from the sphere of cryptocurrencies and you should always be careful.
full member
Activity: 350
Merit: 101
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Lots of big and small exchanges. but they followed the IEO in a large investment. in my opinion not all of their sellers start selling in various ICOs and getting a lot of ICO prices is pretty low and also vulnerable to fraud. I suggest that you first study the buyer or their platform before you sell it.
member
Activity: 744
Merit: 10
Syntrum.com
A little time and with the number of coins that will be sold a little when the IEO is in progress, I haven't found a good IEO and has a good price on the market, all new coins will drop in price after trading in exchange, only good products can increase the price, because ICO and IEO have the same goal and IEO makes it easier for investors because the coins are already registered in exchange
full member
Activity: 402
Merit: 101
Very few IEOs are scam maybe 0.5%. But, not like the ICOs. In 2018 there are many ICOs were fake and scam but now the IEO evolved because of this habit of the ICOs. The first IEO that came was in 2017 that is EON coin. Looking at the fake percentage we can even trust the IEOs more than ever.
i never hard any IEO campaign are turn out to scamming investor, because investor funds are escrowed by exchanger, i just know the price some IEO after listing on market are depressed and down below IEO price
full member
Activity: 644
Merit: 117
swing!
A good scam would need at least months or years to show signs, like lack in development or lack integrity with some promises. Certainly good IEO are promising at first with good volume but later on its up to the speculation, the tough begins when the sphere is cold and everyone is working hard, those are the times scams trying to grab as much as they could. Exchange reputation would also important as they wouldn't like making a bad name promoting a scam even though they have no liabilities to investors.
hero member
Activity: 2184
Merit: 513
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of course. you can not trust any ieos. youshould check the possible risk before participating. just as you were doing for icos. even if they are launching in big exchanges, you can loose a lot by dumps or scams.
Agree with this, some people are just straight thinking that any IEO will be scam. Ofcourse IEO have the chances of turning out to be a scam but not as common as ICO but precaution is needed.
For people there, I've heard also so many new exchanges deployed by irresponsible person just to held an IEO which as you think is fishy so beware.
copper member
Activity: 482
Merit: 1
That is the reason why so many of them aren’t successful. The are just lieing around to deceive people in collaboration with those exchange and which some are later revealed. Proper care needs to Ben taken.
full member
Activity: 565
Merit: 100
BountyMarketCap
simply just joining IEO from the bigest and established exchanges like binance, huobi, okex. But we know to participate on their IEO requires a bunch of money and most of them are using a lottery/raffle systems, means you don't always win to have a chance to buy their IEO coins project
Yes, you strongly recommend large exchanges and must avoid small exchanges, I never participated in the IEO, so they used the lottery system in that case the luck factor is very important and that is not easy.
sr. member
Activity: 770
Merit: 298
tozex.io
simply just joining IEO from the bigest and established exchanges like binance, huobi, okex. But we know to participate on their IEO requires a bunch of money and most of them are using a lottery/raffle systems, means you don't always win to have a chance to buy their IEO coins project
hero member
Activity: 1008
Merit: 533
of course. you can not trust any ieos. youshould check the possible risk before participating. just as you were doing for icos. even if they are launching in big exchanges, you can loose a lot by dumps or scams.
full member
Activity: 868
Merit: 104
Absolutely true. Infact, IEO or ICO or even STo could very well be scams. At this moment, its very difficult to trace it earlier.
jr. member
Activity: 854
Merit: 6
As you know IEO is trending day by day and every exchange is going to luanchpad for IEO ,so you should aware the ranking of exchange and don't invest in low ranking exchange. 
and if the project is really promising, why not invest money in it, even if it is not held on the largest exchange?
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