Topic: Your opinions on IEOs - page 6. (Read 1860 times)

I completely agree that before, when participating in ico companies, it was not necessary to provide passport data, but now for IEO you need to provide KYC everywhere.  But I have already been convinced and have repeatedly confirmed my words by the fact that the presence of KYC does not yet speak in favor of the prospects of a particular project.

You're right, the IEO seems to be a new light of the market, especially for projects, it provides a safety and satisfaction between the two sides, both the project and the investor, the market was exciting and started to be interesting again when the IEO arrived. But opportunities can also be risky because I see many people who are becoming addicted and trusting the IEO, they always think the IEO will change and restore everything for them but they forget that no game is everlasting fun, there is always time for the game to end and leave ruins

IEO will be the game changer in cryptocurrency.
We can't deny that one of the reason of bear market is because of many scammed ICO before and sell their BTC/ETH in the market.
If IEO will get the investors and sales alive again, i will give big impact again.

Recently, I've seen a lot of positive press regarding IEOs. After all, Binance is already successfully running them, giving ICO projects a chance to shine and many other exchanges are following suit.
My personal opinion is that IEOs should be discouraged. Firstly, it gives more and more power to these centralised exchanges, who are able to charge higher, more ridiculous listing fees for coins as well as extremely large payments to hold IEOs. Their vested interests in this way mean they are less likely to care about vetting projects that may be untrustworthy, leading to even more irresponsible behaviour.

Exchanges are already making far too much from listing fees, so IEOs on top are completely unnecessary. While they are good promotion for coins, such practices cannot be good in the long-term.
Instead, the focus should be easy-to-use decentralised exchanges which don't require intrusive KYC/AML and are much less likely to be corrupt/ill-willed if some DAO-like structure is in place. While blockchain technology has made the storage of data much safer, what is the point if thousands of crypto exchanges hold endless amounts of data on the customers in the same way banks do? The only thing changing is who owns the data, so privacy has not improved. And as crypto adoption increases, so will regulation of exchanges.
We don't want to end up in a situation where to trade any meaningful amount of crypto you have to send your name, address, ID, and bank account details to some exchange which can do whatever it likes with your data.

Your thoughts?

IEO will be the game changer in cryptocurrency.
We can't deny that one of the reason of bear market is because of many scammed ICO before and sell their BTC/ETH in the market.
If IEO will get the investors and sales alive again, i will give big impact again.

I completely agree that before, when participating in ico companies, it was not necessary to provide passport data, but now for IEO you need to provide KYC everywhere.  But I have already been convinced and have repeatedly confirmed my words by the fact that the presence of KYC does not yet speak in favor of the prospects of a particular project.

for the kyc / aml problem I myself am a little worried about this, therefore if I want to follow IEO I never participated by buying it at launchpad offer but preferring to wait for IEO tokens to be traded because that way I don't need to do KYC only of course I don't I can get ROI like investors, but it doesn't matter because it seems safer in my opinion and of course the results from IEO can still be withdrawn because I'm not a trader with a lot of funds.