I think at first that other exchanges really have no idea at this at all but it only sparked when Binance had successfully did a few IEOs that gave back a lot of profits on its investors. And the other top, relevant exchanges join the bandwagon and even the unknown/ shitty exchanges came up also with their own projects. Every exchanges will really be interested to do an IEO because first is they get paid for the listing and launching fee, then the get recognized by other traders if they heard that they produced successful IEOs which will attract more users and more volume and third is that people will promote their exchange subconsciously to others when they talk discussions about crypto.
Exchanges receives a lot of money through these IEO. Latoken was nothing, I haven't heard of it before until all these partnerships with projects doing IEO to them. When the market is open they can also do the trading themselves, money is there for them too. Its all for the money. There is no one anymore that can win the noble prize like Satoshi.
ICO hype is gone and now been replaced by IEO which is somewhat an advantage on exchangers that do launch this offering which its directly listed and being traded.
The question is- would it be supported by the masses?
Since IEO is a new trend exchange want to earn money from it.
important factors that they do look at thats why these exchangers do keep on listing out without even minding the goodness of the
project or without minding the criteria as long it do generates out money on their part or simply benefits them then they dont really
care at all.Project owners doesnt care about the listing fee since they do know the possible money would flow through
if people will consider out their IEO but somehow its also a risk on their part too but for an exchange?Its win-win situation.
