it is not just exchanges it is the ICO scammers who could no longer scam people by running the same old thing over and over again so they had to change their methods and adding that centralization of exchanges is currently like the (fake) stamp of approval that gives some newbies that confidence they need to throw their money away. and in the middle of this chaos the exchanges are making a ton of money by getting paid to advertise these scams (give the stamp of approval) while not being liable for anything!
this method will also soon die just like any other previous scammy methods have died.
Topic: Why IEOs Came Into Existence? - page 9. (Read 1037 times)
Yes, I am very concerned about the ICO now, because most projects always fail in exchange, and the same reason they complain that Bitcoin prices are declining, so their projects die, obviously this is a loss for investors who have bought at ICO prices, and still there are many more ICO stories that are very sad, for example, a project takes away Investor's money or Scam. So, in my opinion, the current IEO will be safer for investors, very different from ICO.
I agree with you . The IEO is the best solution for this market and greatly reduces risks for investors. According to my assessment, 96% of ICO projects are fraudulent and this causes a great loss for many investors. I think the IEO is being considered a new trend of this market because it is a very popular investment channel in recent months and many projects have brought a huge profit for those who are lucky to join. 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 $$$. These exchange are probably afraid of losing one of their major source of income
What's your take on this?
When I first heard of IEOs from smaller exchanges, I thought they were simply catering to one of the demands of ICO investors which is immediate exchange listing.
Then came the bigger centralized exchanges like Binance, Bittrex, and Kucoin. It somehow made me wonder why would they open up their platform to crowdfunding. Maybe because they also think that the ICO market is dying? If so, then that would mean less new projects. With less new projects, less potential source of income (listing fees).
So in the end, it is still all about the $$$. These exchange are probably afraid of losing one of their major source of income
What's your take on this?
Of course, exchanges do this becuase they want to make money. And customers want protection, just like they did in the past at the era of so called escrows in ICOs.
Yes, I am very concerned about the ICO now, because most projects always fail in exchange, and the same reason they complain that Bitcoin prices are declining, so their projects die, obviously this is a loss for investors who have bought at ICO prices, and still there are many more ICO stories that are very sad, for example, a project takes away Investor's money or Scam. So, in my opinion, the current IEO will be safer for investors, very different from ICO.
Of course, everything is about $. In 2017 there was a boom in ICOs and that was a fuel for ETH as most of them were on it`s platform.
Binance was aware of that and they introduced their launchpad and they also want their piece of the crowdfunding cake.
Binance was aware of that and they introduced their launchpad and they also want their piece of the crowdfunding cake.
It's a natural process. ICO ceased to be relevant and they do not enjoy such success as before. So now there is something new, ready to replace the ICO and improve it.
These guys running IEOs are business people. If they see an opportunity to earn big, they will pounce on that. They only needed to provide the platform and it's profit time. The method is still popular and some would still rush to these exchanges and fight for a place in the IEOs. Let's wait and see once the hype dies down and the price starts falling also.
People are scared of investing into ICO directly again, most of the ICOs in 2018 struggle to get exchange listings and when they do some on exchanges with little volume and when private sale and pre-ICO investors starts selling the price crash below ICO price and remaining this way for long, Eden and Tolar are two good example but IEO came with solution to exchange listings and provide initial liquidity in their exchange for some months before the lock tokens are released because this is the main issue long term, how the price would perform when all the locked tokens are released to the market
I think IEOs have proven to be a wave of fresh air for ico market and we have seen boost in trust among investors especially for the projects listed on big exchange platforms and its impact has been positive for overall crypto market as well which is showing really nice growth now.
of course. it is obvious. The exchanges have invented this method of raising funds in order to earn good money themselves, because people buy stock exchange tokens. It's all scam
Yes, as I have mentioned all these were done by exchanges to fill their pocket since they can see a high demand. I'm not sure if that can be called a scam yet unless they charge exorbitant fees. I'm also not sure anymore if they were really concerned with the crypto community.
the only big exchange that success to held IEOs just come from binance and huobi only
the other still on progress and look at bittrex , their IEOs not success and the price went down after release on market
the other still on progress and look at bittrex , their IEOs not success and the price went down after release on market
of course. it is obvious. The exchanges have invented this method of raising funds in order to earn good money themselves, because people buy stock exchange tokens. It's all scam
IEO became necessary because of the rate at which ICO are failing and the numerous numbers of scam project that perverse this space. Thousands of ICO investors have been left dejected and have been forced to find solace in trading so as to see what amount could be recovered from their loss fund. Mind you, many IEO will scam too, as some already failing. I took part in an IEO which is yet to be listed but already trading in Folkdelta, which means it's going to be a price disaster in a centralized exchange.
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 $$$. These exchange are probably afraid of losing one of their major source of income
What's your take on this?
Its simple and timely, as we all know that the stupid and greedy scammers disguised as a legit ICO's and victimized most of the unsuspected investors including me thats why Initial Exchange Offering IEO came into existence because of necessity. for me IEO is more safer than current unregulated ICO's with exemption from those not reputable exchange that offer the same service, if the ICO's still unregulated im sure it will die soon. regulation is the key to restore the trust and confidence from investors. the investors are still watching the development the perfect example is the (Kucoin Spotlight IEO) the token was sold immediately and data was surprise me either the investors who bought the tokens are from ( 59 countries, 6111 participated and 1161 succeeded sold 600 million tokens) When I first heard of IEOs from smaller exchanges, I thought they were simply catering to one of the demands of ICO investors which is immediate exchange listing.
Then came the bigger centralized exchanges like Binance, Bittrex, and Kucoin. It somehow made me wonder why would they open up their platform to crowdfunding. Maybe because they also think that the ICO market is dying? If so, then that would mean less new projects. With less new projects, less potential source of income (listing fees).
So in the end, it is still all about the $$$. These exchange are probably afraid of losing one of their major source of income
What's your take on this?
It came Into existence because investors stopped investing their money in easy money grab or which known as ICOs So now money suckers and greedy exchanges come up with new attractive method they name it IEO to raise fund from investors in easy way so its win win for both exchanges and projects starter or Devs , exchange win more trading fees and take % from IEO fund and Dev win easy money and after token get listed price dump 90% then investors come here in forum open thread and start cursing and whining for their losses.
People have gotten sick of ICO's and their scams. They want these stuff to be handled by pros. If Binance's picks don't make the returns you expected, you can leave Binance and move to some other exchange which is more successful at its job.
It makes sense.
It makes sense.
I think Paytomat is a good example of the IEO campaigns
They made 100 BTC during IEO https://cmc.io/coins/paytomat
They made 100 BTC during IEO https://cmc.io/coins/paytomat
Some people are explaining that introduction of IEO is the reason for bull run we had in last week. But, personally I will not mind why IEO is coming to existence. Because, it will basically attract more investors into crypto space. That is what we are all looking for years to have stronger community.
If you study IEO very well, you will understand that IEO projects easily reach their hardcap and it is very fast in doing so because it has already gain the trust of investors who believe that it is safer to invest in IEO, the faster IEO gets investor to pump in, the faster we will see big increase in the Marketcap, IEO is also a good news and it has already sent good signals to lots of investors that the crowd funding program is already getting sanitized and free of all manner of scam done via ICO.
If you study IEO very well, you will understand that IEO projects easily reach their hardcap and it is very fast in doing so because it has already gain the trust of investors who believe that it is safer to invest in IEO, the faster IEO gets investor to pump in, the faster we will see big increase in the Marketcap, IEO is also a good news and it has already sent good signals to lots of investors that the crowd funding program is already getting sanitized and free of all manner of scam done via ICO.
Because ico's died and system need something better to continue.
It seems the solution is IEO. Will it be there or die too, we will see in time.
It seems the solution is IEO. Will it be there or die too, we will see in time.
Well if the coming of IEO will stamp out or stop fraudulent ICOs then I am fully in support of the idea atleast I will divert my investment to a very good alternative to crowdfunding of fraudulent ICOs.
This will bring relieve to would-be cryptos investors who are caution of putting in their hard earned money to a real project that will stand the test of time even if their is need to submit identification ie KYC before investing in an IEO that wouldn't be a problem for many investors because of the trust and credibility of the exchange handling the project.
This will bring relieve to would-be cryptos investors who are caution of putting in their hard earned money to a real project that will stand the test of time even if their is need to submit identification ie KYC before investing in an IEO that wouldn't be a problem for many investors because of the trust and credibility of the exchange handling the project.
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