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Topic: Why IEOs Came Into Existence? - page 5. (Read 1039 times)

full member
Activity: 812
Merit: 100
April 21, 2019, 11:12:04 PM
Have you ever thought of this before?

When I first heard of IEOs from smaller exchanges, I thought they were simply catering to one of the demands of ICO investors which is immediate exchange listing.

Then came the bigger centralized exchanges like Binance, Bittrex, and Kucoin. It somehow made me wonder why would they open up their platform to crowdfunding. Maybe because they also think that the ICO market is dying? If so, then that would mean less new projects. With less new projects, less potential source of income (listing fees). 

So in the end, it is still all about the $$$. These exchange are probably afraid of losing one of their major source of income  Grin


What's your take on this?

Yeah, i have thought this question because IEO is very popular recently.
I think IEO exist because many investors have not satisfied about the existing ICO.
Many projects were fraud, not according the road map, etc.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
April 21, 2019, 10:57:13 PM
I think i also buy the idea of ICO dying and big centralize exchanges are in fear of loosing their source of money which is listing fees as stated above by the OP. But i also think that one of the major reason for IEOs is to tackle the flaws of ICOs and to limit scam projects in the market.
They answer the problem of scams in ICO, the IEO brings the reputation of the exchange also, if the IEO were conducted by Binance or other big exchanges, people would trust and Binance would make sure it's a legit team that are managing the project as their reputation is also at stake.
jr. member
Activity: 552
Merit: 1
April 21, 2019, 05:33:35 PM
I think i also buy the idea of ICO dying and big centralize exchanges are in fear of loosing their source of money which is listing fees as stated above by the OP. But i also think that one of the major reason for IEOs is to tackle the flaws of ICOs and to limit scam projects in the market.
member
Activity: 728
Merit: 14
April 21, 2019, 03:11:59 PM
an ieo should bring back the trust of the investors. it also ensures that the project is actually traded on a exchange. some ico token did not make it to any exchange. in addition, the exchange wins new users and earns by fees. so it is good for all sides. i really hope no scam project ever creates an ieo. that would deter the investors again and destroy the trust in ieo.
hero member
Activity: 798
Merit: 527
April 21, 2019, 02:46:54 PM
Because many investors were scammed millions of dollars by fraud ICO in the past.
IEO is one of the solution to preventing fraud projects by holding it on a legit exchange platform.
That is right, and I think that they have not deviated from that objective but is there any real assurance of an IEO Platform guaranteeing that a project listed on its platform will not get dumped and eventually crash after being listed?

I have always believe this about IEO, I believe there is no way scammer can penetrate, but scamming is not the only challenge that we face in ICO, what is the difference between a scammer disappearing with one’s fund and a coin that turns shit with zero value when it gets dumped. So this is what I am still not clear about concerning IEO.
full member
Activity: 494
Merit: 104
homt.net
April 19, 2019, 07:17:26 PM
investing in IEO is much better and profitable than i'm investing my money in conventional ico like now, especially IEO from big exchange chance to pump and make profit are bigger and profitable than participate in conventional ico withut any protection for user and guarante the price after listing are same from ico price
full member
Activity: 714
Merit: 100
April 19, 2019, 07:10:40 PM
Reasonable reasons might be that investment in ICO is certainly no longer profitable. And plus investors who invest in the IEO might benefit greatly. Therefore IEO is getting more and more days. And this will be a threat to the ICO. Because lack of investor confidence in the ICO certainly makes the IEO more attractive.
full member
Activity: 630
Merit: 101
April 19, 2019, 06:20:30 PM
I partially agree with you. But I think that the IEO attracts new users to the exchange. Also, the IEO has a positive effect on the price of exchange tokens. Therefore, I think that the IEO is very beneficial for exchanges.
jr. member
Activity: 130
Merit: 1
April 19, 2019, 05:46:53 PM
One thing to note is that, the benefits of an IEO is to ensure Projects can be assured of a more legitimized token sale as they have the official backing of an exchange who determines that they have done their due diligence on the integrity of the project. Projects also have their tokens exposed, particularly in the case of Binance, to vast audiences of investors who are eager for new opportunities to profit. The near-immediate sell-out of BitTorrent and Fetch.AI are indicative of this advantage for projects.
member
Activity: 392
Merit: 10
April 19, 2019, 05:43:29 PM
I do not think that something sensible will come of it. IEO dictate their terms, it just destroys the meaning of cryptocurrency. The exchanges centralize all management in one place, create terrible conditions.
I think ieo appeared due to the fact that the ico is a lot of scams , and the market was waiting for when there will be good projects and most importantly reliable
member
Activity: 392
Merit: 21
April 19, 2019, 05:36:33 PM
Have you ever thought of this before?

When I first heard of IEOs from smaller exchanges, I thought they were simply catering to one of the demands of ICO investors which is immediate exchange listing.

Then came the bigger centralized exchanges like Binance, Bittrex, and Kucoin. It somehow made me wonder why would they open up their platform to crowdfunding. Maybe because they also think that the ICO market is dying? If so, then that would mean less new projects. With less new projects, less potential source of income (listing fees). 

So in the end, it is still all about the $$$. These exchange are probably afraid of losing one of their major source of income  Grin


What's your take on this?

This seems to be a normal development after ICO failure
the emergence of new projects worthy of support has led to the emergence of a new financing tool
IEO is a challenge for new projects and platforms organized by
let's follow and watch Will you succeed?
hero member
Activity: 2170
Merit: 528
April 19, 2019, 05:34:08 PM
I don't know why they are existence, but it's a pretty popular direction now. This way exchanges strengthen the credibility of their coin too. For example, as did the exchange Binance.

Really? After so many opinions in this thread you still don't know why they were created?

Exchanges need money to expand to other countries so they are offering IEOs. People want a safe profitable investment and are tired of ICO scams. It's a pretty straightforward relationship.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
April 19, 2019, 05:33:43 PM
#99
The answer is direct; which is to reduce scams and save investors from running into unwarranted losses. Exchanges won't be happy if their investors gets scammed and to ensure this, they will take appropriate actions to verify upcoming projects.
full member
Activity: 560
Merit: 101
Migranet ITO
April 19, 2019, 05:11:35 PM
#98
Have you ever thought of this before?

When I first heard of IEOs from smaller exchanges, I thought they were simply catering to one of the demands of ICO investors which is immediate exchange listing.

Then came the bigger centralized exchanges like Binance, Bittrex, and Kucoin. It somehow made me wonder why would they open up their platform to crowdfunding. Maybe because they also think that the ICO market is dying? If so, then that would mean less new projects. With less new projects, less potential source of income (listing fees). 

So in the end, it is still all about the $$$. These exchange are probably afraid of losing one of their major source of income  Grin


What's your take on this?

It is quite obvious it is still all about the money. Didn't you know that before? What world do you live in? Yes, they want our money and we want make money too. As simple as that!
member
Activity: 572
Merit: 10
April 19, 2019, 05:10:26 PM
#97
I don't know why they are existence, but it's a pretty popular direction now. This way exchanges strengthen the credibility of their coin too. For example, as did the exchange Binance.
member
Activity: 644
Merit: 12
Alternative investment banking platform
April 19, 2019, 05:04:56 PM
#96
I do not think that something sensible will come of it. IEO dictate their terms, it just destroys the meaning of cryptocurrency. The exchanges centralize all management in one place, create terrible conditions.
full member
Activity: 925
Merit: 100
April 19, 2019, 04:57:22 PM
#95
In simple terms IEOs are meant to reduce the scam rate which was on high increase. This is because the exchange will make due diligence to protect all. But something still bothers me, in the long run will they be able to deliver what was promised or written in the whitepaper? Let me keep my fingers crossed.
full member
Activity: 476
Merit: 100
April 19, 2019, 04:02:20 PM
#94
I guess that IEO came into existence because of ICO problems. Since many ICOs are scams IEO took its place and IEO is now the new ICO. The idea of IEO I think somehow crushes the idea of ICO since it is more secured than it. And this is what people wants, a secure investment opportunities.
full member
Activity: 686
Merit: 100
April 19, 2019, 03:59:13 PM
#93
ICO pulls money from the crypto industry. IEO will probably leave more money in crypto. And this is one of the ways to centralize crypto. Humanity is not yet ready for a decentralized financial and service system.
if you look at data that crypto users are still very small, it proves that crypto still looks complicated to be used by many people, but in the future people will be smarter and technology and electronics will increasingly mushroom and it will be a great opportunity for everyone to use crypto to invest through IEO or ICO.
full member
Activity: 854
Merit: 104
April 19, 2019, 02:45:45 PM
#92
IEOs are here to ensure scam is reduced. Why I said so is, an exchange like Binance wouldn't want their members getting scammed, so surly will ensure any IEO they are promoting is legit. At least, investors will feel calm buying. The issue that might arise is after IEO will the team be able to offer what they promised??
During a long period of a bear market, ICO projects have lost their reliability and availability, primarily because of the large number of frauds in this type of activity. Therefore, the teams began to look for other options to raise funds and distribute new tokens. So the idea of raising funds through the stock exchange was born. However, Binance, for example, took into implementation only four proposed projects out of 60. Where will the other projects go? Most likely, they will go to distribute their tokens through ICO.
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