What does exchanges do differently for IEO? - page 4.

Tipstar

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Quote from: Lawrenzoo on May 25, 2019, 05:45:22 AM

I know that there has been hype all over the forum on IEO projects and we trust them because they are being guaranteed by exchanges, most especially top exchanges. Now the question is, what does exchanges do differently that makes them certify that a project is not a scam project and have a reliable team or that the project will stand the test of time?

Most of the trusted exchanges says they have a dedicated team to research about the project and they select among several different applicants. But to some extent, all they do is list the highest bidder. If they were so sure about the project, they are capable of buying it till the hardcap but they just let their users buy them generously.

Script3d

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It's for sure that the exchange will perform a KYC but for the developers, in order to prove the legitimacy of the project i guess they need a demo about their product, but investing in STO is much safer compare to IEO, in my opinion, because the project is regulated it's like hybrid of stocks and ico, and they can't really scam their investors because the government will go to their way.

fosco333

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Quote from: Lawrenzoo on May 25, 2019, 05:45:22 AM

I know that there has been hype all over the forum on IEO projects and we trust them because they are being guaranteed by exchanges, most especially top exchanges. Now the question is, what does exchanges do differently that makes them certify that a project is not a scam project and have a reliable team or that the project will stand the test of time?

I guess it is a bunch amount of researches, KYD (Know your developers), due diligence, and many more that can be done by exchanges team.
When we are doing our research and due diligence, usually we doing it individually. But in exchange, they can do with their procedures,
and can be done using many peoples of the team, usually in top exchanges because there are many manpowers.

niisarearning

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Quote from: Lawrenzoo on May 25, 2019, 05:45:22 AM

I know that there has been hype all over the forum on IEO projects and we trust them because they are being guaranteed by exchanges, most especially top exchanges. Now the question is, what does exchanges do differently that makes them certify that a project is not a scam project and have a reliable team or that the project will stand the test of time?

There will be proper KYC also proper analysis of project . Exchanges will not risk their reputation simply by supporting some random projects .

rijaljun

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Quote from: asyakashi on May 25, 2019, 07:34:54 PM

You are right, there is no guarantee of a successful IEO project.
even though a popular exchanger held an IEO, I was afraid that the IEO would only be used when ICO was abandoned. Finally, the IEO only produces shitcoin which is popular at the beginning and eventually dies.

Nope, I don't think IEO only produces shitcoin, but I agree most of the result is the same, the main difference is that they are automatically listed on exchange than normal ICO projects. Listing never guarantees project development, but with that a project has an access to capital market and it's useful whenever they need additional funds for development. I do believe, even there are a lot of bad projects produced by ICO/IEO, there are also good project that are waiting for a good time to develop useful stuffs for our future lives.

asyakashi

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Quote from: rijaljun on May 25, 2019, 05:11:31 PM

Quote from: Lawrenzoo on May 25, 2019, 05:45:22 AM

I know that there has been hype all over the forum on IEO projects and we trust them because they are being guaranteed by exchanges, most especially top exchanges. Now the question is, what does exchanges do differently that makes them certify that a project is not a scam project and have a reliable team or that the project will stand the test of time?

They must have several tests and reviews to ensure that the project is serious and not a scam. It's something very important especially for high reputable exchange since they don't want to list scam coin and make traders lose their funds.

But still, there is no guarantee that the project will give certain profit for investors. Exchange just wants to help investors to invest on a reliable project though.

You are right, there is no guarantee of a successful IEO project.
even though a popular exchanger held an IEO, I was afraid that the IEO would only be used when ICO was abandoned. Finally, the IEO only produces shitcoin which is popular at the beginning and eventually dies.

huhhuh18

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Actually an exchange conducting an ICO isn't necessarily emphasizing that they're scam-free project. In fact, the disclaimer agreement and T&Cs say that anything can happen with your money. But yeah, exchanges perform better screening services to make sure they list only "trusted" projects other than what we had on ICOs before anyone could sell anything to anyone at anytime and run away with the money.

tabas

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I guess it's about their own standard, we don't even know what certain criteria they set to explore with these projects. And they are liable to anything because they are the one that guaranteed that the project is good. Investors believe they have good standard for these projects they conduct IEO.

Little Mouse

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Most importantly it reduces the chances of being scammed as you mention. But when you are doing it in. reputed exchange like binance, you are getting free promotion among thousand of binance users.

AmoreJaz

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Quote from: spadormie on May 25, 2019, 05:36:41 PM

Each IEO is being reviewed by team of the exchange and that's what the great thing in here. Exchange got the chance to review it not those shitty review ico like ICObench that was paid by projects to make their ratings go high. And it clearly misleads everyone.

and yet we can still see a declining value once the trading starts. these projects are not free from potential dumps of the investors..
an investor should be very careful in selecting his projects and should know when to exit. otherwise his fate will be the same like in ico mess

spadormie

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Each IEO is being reviewed by team of the exchange and that's what the great thing in here. Exchange got the chance to review it not those shitty review ico like ICObench that was paid by projects to make their ratings go high. And it clearly misleads everyone.

Wale777

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What exchanges do differently about IEOs is that they do their research with due deligence to make sure the project have what it takes to succeed and the exchanges set standard for IEOs to be conducted on their launchpad which they can never compromise

melomanskiy

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large players such as finance, for example, value their reputation very much and, therefore, projects without prospects and with incomprehensible people at the head will not allow IEO to be held. So in this regard, you can relax. But small exchanges, most likely in the wake of the HYIP, are shoving any projects under the holding of IEO in order to make traction on their stock exchange coins.

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Quote from: Anc92 on May 25, 2019, 05:22:30 PM

Quote from: Lawrenzoo on May 25, 2019, 05:45:22 AM

I know that there has been hype all over the forum on IEO projects and we trust them because they are being guaranteed by exchanges, most especially top exchanges. Now the question is, what does exchanges do differently that makes them certify that a project is not a scam project and have a reliable team or that the project will stand the test of time?

I believe they will have access to certain things that we, the general public might not know about. In my opinion, backing a project to be viable is as good as putting their reputation on the line and I don't believe they'd do so if all they did was just read the whitepaper. An IEO was the reason I got to discover a rare gem in the industry and after doing my due diligence on the said project, I fully have decided to pay more attention to IEOs.

IEOs in reputable exchanges have high possibility that they are not running a scam as that exchange have already done their part of screening those projects. And yes, they will not risk their reputation in promoting a possible fraudulent project. So these exchanges are already filtering the projects for the investors. However, IEO in small exchanges might be a different case. But still, if you are an investor, you should do your own homework also and not entirely relying on the exchange.

Anc92

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Quote from: Lawrenzoo on May 25, 2019, 05:45:22 AM

I know that there has been hype all over the forum on IEO projects and we trust them because they are being guaranteed by exchanges, most especially top exchanges. Now the question is, what does exchanges do differently that makes them certify that a project is not a scam project and have a reliable team or that the project will stand the test of time?

I believe they will have access to certain things that we, the general public might not know about. In my opinion, backing a project to be viable is as good as putting their reputation on the line and I don't believe they'd do so if all they did was just read the whitepaper. An IEO was the reason I got to discover a rare gem in the industry and after doing my due diligence on the said project, I fully have decided to pay more attention to IEOs.

mickey_miner

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Quote from: Lawrenzoo on May 25, 2019, 05:45:22 AM

I know that there has been hype all over the forum on IEO projects and we trust them because they are being guaranteed by exchanges, most especially top exchanges. Now the question is, what does exchanges do differently that makes them certify that a project is not a scam project and have a reliable team or that the project will stand the test of time?

I heard that the exchanges hold part of the funds raised, so if the IEO project is fraudulent, they will not be able to hide with all the money. Also, exchanges have large resources and can carefully check the project.

rijaljun

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Quote from: Lawrenzoo on May 25, 2019, 05:45:22 AM

I know that there has been hype all over the forum on IEO projects and we trust them because they are being guaranteed by exchanges, most especially top exchanges. Now the question is, what does exchanges do differently that makes them certify that a project is not a scam project and have a reliable team or that the project will stand the test of time?

They must have several tests and reviews to ensure that the project is serious and not a scam. It's something very important especially for high reputable exchange since they don't want to list scam coin and make traders lose their funds.

But still, there is no guarantee that the project will give certain profit for investors. Exchange just wants to help investors to invest on a reliable project though.

bitstalker

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I think the IEO for fraud is very guaranteed, but for parts that have a reliable team and the project will survive, of course I'm very insecure and unsure because we know that the IEO doesn't all produce ROI, look at the example IEO that appeared before this hype happened like Gifto (GTO ) and Bread (BRD) had once reached ATH which was terrible but look at the price for now

Adriano2010

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Well as i read on some topics Binance will review team and ask what they want to do with their project, for other IEOs on a other exchanges i don't know how safe is to invest, but we will have to see what people say and on what exchange already they buy on IEO and if is ok.

Lawrenzoo

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I know that there has been hype all over the forum on IEO projects and we trust them because they are being guaranteed by exchanges, most especially top exchanges. Now the question is, what does exchanges do differently that makes them certify that a project is not a scam project and have a reliable team or that the project will stand the test of time?

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