I received an email today from probit exchange (screenshot 1) and I went to verify this authenticity from their website (screenshot 2). To my amazement, the 100% IEO is true and valid. If this particular project launches a bounty, what will be the expectation of participants? They will not distribute the token to those who make the awareness until it is worthless and useless. Interestingly, all blame is always shifted to the bounty hunters for dumping. How could you run an IEO with 100% bonus and not except a dump when it commences trading, that is double of investment in a short time most often within the same week or month.
IEO is just another tag name to represent ICO and it will worst more than the experience we had during the ICO mania in 2017. Those projects that launch IEO and those who were initiated by Binance launchpad are still counting their losses, most of them are down with more than 150% and same applied to other exchanges. Where would someone run into in this crypto space? Would STO be the option and correct all these anomalies?