Topic: Why IEOs Came Into Existence? - page 6. (Read 1039 times)
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.
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??
in my opinion not because ico is dying but this is more to the "profit" that the exchange that does the IEO gets because if the IEO offered is successful they will certainly benefit because the IEO token is listed in their exchange
In my own understanding, IEOs come into existence owing to the fact ICOs failed or rather many ICOs are scams. Now with IEO the issue of scam will be reduced to the least minimum owing to the fact the exchanges will do enough research so as to protect thier memebers or investors.
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 $$$. These exchange are probably afraid of losing one of their major source of income
What's your take on this?
Yes,the main intention is to make more money from advertising on big exchange and also people will trust more when it is advertised by the big exchange like Binance. When I first heard of IEOs from smaller exchanges, I thought they were simply catering to one of the demands of ICO investors which is immediate exchange listing.
Then came the bigger centralized exchanges like Binance, Bittrex, and Kucoin. It somehow made me wonder why would they open up their platform to crowdfunding. Maybe because they also think that the ICO market is dying? If so, then that would mean less new projects. With less new projects, less potential source of income (listing fees).
So in the end, it is still all about the $$$. These exchange are probably afraid of losing one of their major source of income
What's your take on this?
Exchanges are definitely making money from holding IEOs on their platform. I believe they actually buy a huge percentage of the tokens and they influence the listing price of the token which means huge profit for them at the expense of customers.
I the reason why IEO came on board is to solve some of the inadequacies of ICO and the most important of it is the issue of instant liquidity after the sale which is somehow hard when it comes to ICO. Another ICO issue that IEO came to solve is the issue of scam which I think exchanges would have vetted the project before running the IEO.
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.
IEO is one of the solution to preventing fraud projects by holding it on a legit exchange platform.
Well I go in with the idea of the OP, majority of those exchange don't wanna lose, that's why they bring in IEO, and to my own understanding IEO is just out there for quick money, majority of the IEO had dumped below listing price so much
I think that this is just another way of making money in the crypto industry. Such schemes have no future. Everything is as old as the world. A pump and then a dump ... WE have seen this already hundreds of times.
IEOs have started to substitute ICOs, here are some top ranked IEOs from the past few months:
https://coincodex.com/article/3449/top-5-ieos-by-roi/
https://coincodex.com/article/3449/top-5-ieos-by-roi/
Well I go in with the idea of the OP, majority of those exchange don't wanna lose, that's why they bring in IEO, and to my own understanding IEO is just out there for quick money, majority of the IEO had dumped below listing price so much
IEOs are actually improvements on ICOs, the shortcomings faced by ICOs have been tackled by IEOs of big exchanges. For instance the fear (after buying the token of a project during ICO) of not listing has been tackled and investors are more confident to put their funds on IEOs
I don't know about that, but clearly the IEO is currently the right solution for many ICO scammers. There may not be many IEOs, but from some IEOs it can raise funds more than the ICO. Scammers will be destroyed by this IEO
Indeed, the current IEO is better, but scammers must be like other ico, but with the sale of the IEO, investors can increase to return as the soul that once existed.
there is no guarantee to that. even exchanges can be a tool for scamming investors, keep in mind that most investors will dump most of the time when they see opportunity to profit. if all those users in the exchange are the only who bought the token thru IEO, the higher the chance of these tokens getting dumped when market is opened. or maybe we can also say the team along with the exchange can be in cahoots.
Those crimes committed during ICOs where the major reasons why the IEOs came onboard and we the investors are happy to be free at last. Last years early i lost almost $1002 on a scam project which appeared to me legit but was tricked in the process. My believe is, IEO will be more far better than the ICO.
I don't know about that, but clearly the IEO is currently the right solution for many ICO scammers. There may not be many IEOs, but from some IEOs it can raise funds more than the ICO. Scammers will be destroyed by this IEO
Indeed, the current IEO is better, but scammers must be like other ico, but with the sale of the IEO, investors can increase to return as the soul that once existed.
The market needed a stable platform for ICOs, and it appeared even in several copies in the form of cryptocurrency exchanges. I am very happy about this.
Yes, I am happy and love IEO for two reasons behind some other reasons like many people do mention here and there.The first reason why I appreciate the existence of IEO is that it has eliminated the risk factor for the investors who would normally invest blindly in the ICOs and would get robbed.
The second thing I like about IEO is the fact that the crypto startup actually focuses on the project and the marketing is dealt by the exchange which conduct IEO and as a result it works. It might gives more free time for devs to focus on developing their project unlike they need to spend lots of efforts on promoting their ICO to get enough funds for their project.
Everybody has their opinion why IEO came into existence, but this is my take on it, I saw that there were a lot of scammers coming into the ICO market and this was becoming a very big issue in the crypto ecosystem because it became so difficult to differentiate which project is which and you might fall I to the hands of a scammer without knowing, this is why already trusted exchanges had to come up with a system that would enable investors invest in a project and make profit without having fear of losing their funds.
If you gain at the ICO, exchanges also gain. Consider about earnings that come from big volumes.
Also consider binance : big profit, price increase in bnb.
Still more like it was created to fully suit their own need, Binance came up with the idea while the developers are probably thinking of ways to make their coin appreciate and that is why they brought such product, so as to enforce it on people once the IEO platform gains wide recognition.Also consider binance : big profit, price increase in bnb.
If they are not so biased in their operation of IEO, why didn’t they limit the exchange coin to BTC alone, why did they have to enforce people to buying BNB first before being able to participate in the IEO, which makes someone who has no interest in BNB but the project alone have no choice than to get the BNB coin. I still see these as big manipulations from the exchanges.
I have seen plenty of that in the recent times, and they were quickly sold out, I'm not sure what the reason they have to start it, but I think it's beneficial for them to have that too. It's an easy guess that they are earning a lot there. Maybe they also buy from it, the individuals there or something.
So in the end, it is still all about the $$$. These exchange are probably afraid of losing one of their major source of income
Think about it, when you are an owner of an exchange or a part of the majority stakeholders in a company, wouldn't you want more income to come into your way? 
I don't know about that, but clearly the IEO is currently the right solution for many ICO scammers. There may not be many IEOs, but from some IEOs it can raise funds more than the ICO. Scammers will be destroyed by this IEO
They came into this market to make improvements on attracting investors, and since ICO are not good in the eyes of the investors they have to look for a good alternative. IEOs are still new, just like the first month of the ICO everyone is quiet happy not until scammers are joining the game. It can't totally eliminate scammers, because there are some projects that can still scam the investors even if its already listed. Exchange is not a guaranteed of a higher value in the future, you must still look for the project itself. Jump to: