PRE-IEO???

[eneleev]

Hello!

Do you remember, in the era of ICO, many conducted pre-ico? They raised money for marketing before the main ICO round.
Today, the ICO took the place of IEO. I will not say that it is good or bad. I will dwell on only one moment. For listing on the exchange, the project team needs to lay out a large amount. It is different on all exchanges, but the more popular the exchange, the more money you need. Surely, for many startups this is a stop factor on the way to the implementation of the project.
The essence of the idea in conducting PRE-IEO. It can be compared to a closed round of investments, where a pool of investors at an early stage invests in a project, in return receiving the most favorable conditions than later investors. The difference is that anyone can invest in pre-ieo.
Now in more detail. A platform is being created on which startups submit their applications for investment with the aim of listing on the stock exchange and conducting IEO. Investors invest in their favorite projects. The money received from investors is not transferred to the team, but is transferred directly to the exchange that the projects will choose. Each project offers certain conditions for investors, respectively.
Do you think this idea has a right to be implemented?

P.S. Sorry for spelling mistakes, using a translator.

[mu_enrico]

So basically, you want to collect money to fund only ideas because to create MVP, there must be a fully functioned team (developers), and it needs real money. Even a proper whitepaper will cost them money. So the idea of PRE-IEO is flawed from the beginning because if the team has an MVP and a proper whitepaper, they can go directly for ICO/IEO. If not, only dumb investors would fund them.