IEO, BNB Coin and Bounty

[Bttzed03]

I am agree with OP. Bounty will no more be existed if once IEO become more trend.

I don't think bounty will be completely gone if IEOs become more and more popular. There are more startups than establised exhanges. Also, bounty campaigns are not only limited to crowdfunding.

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[davinchi]

ICO was never a traditional way of raising funds, IPO was. IPO lost relevance ever since the digital way of crowd funding came which was the ICO, the invention of ICO is what made SEC to start having more issues with cryptocurrency as a result of so many illegal activities going on within it which was never found in IPO, so if crypto currency is to gain respect and change the way SEC and government sees it.

I think this INITIATIVE of exchanges to come up with IEO will really sanitize the crowdfunding system and will guarantee investors of their investment, with thin we will get little or less complains here and there that is making SEC and government see crypto as scam.

[ralph_0608]

Legit project would prefer IEO than ICO.   they don't need to market their product publicly as exchanges running the IEO will be the one to do this for them in short bounty would not be an option anymore for them or if they do the payment for bounty would be cheaper since they will pay on exchanges that will cater the IEO.

[Darex]

IEO on Binance is getting all the attention now but am afraid if care is not taking,Binance might lose some credibility if proper check is not done on projects,as for BNB, it will surely rise because of the demand that will be coming as a result of the IEO but we should not forget that not all project will be able to do their IEO on binance,so,many of these projects will still require the service of bounty hunters.

[mangsitin]

Legit project would prefer IEO than ICO.   they don't need to market their product publicly as exchanges running the IEO will be the one to do this for them in short bounty would not be an option anymore for them or if they do the payment for bounty would be cheaper since they will pay on exchanges that will cater the IEO.

Yes, this is very effective, namely implementing the IEO when ICO is very bad now, every IEO project at the Binance market always sells very successfully, so the presence of the IEO in the Binance market is very good for making safe investments.

[znation]

This is a very smart and safe way to call for investors, this is a way to attract new and seemingly promising investors and get many supporters.

[kuverty]

Legit project would prefer IEO than ICO.   they don't need to market their product publicly as exchanges running the IEO will be the one to do this for them in short bounty would not be an option anymore for them or if they do the payment for bounty would be cheaper since they will pay on exchanges that will cater the IEO.

Yes but there are many legit projects and only 1 of 100 will be able to get to binance launchpad. The rest have to launch ico.

[GhostWithin]

It seems that indeed the trend of ico will be completely replaced by the IEO and later on the bounty itself will also become more difficult because it has got the big name of an exchange without having to need a bounty for promotion, this might be the last time

IEO cannot replace ICO completely. It's a tool that not every project can afford. This solution is not for the masses.
In addition, it really doesn't give any protection.This is an illusion, exchange may also be wrong. The first signs of this we have already seen (just remember bittrex and raid).

[trudovik]

You also think that with IEO there is no need for bounty. Therefore, I think that bounty hunters will not be needed. The most important thing is that the exchanges that can actually host IEO will sacrifice their reputation. This is a very dangerous thing.

[Mcmich]

This IEO will soon become another childish kind of thing or turn negative because it's already abused. I think some projects and individuals launching an IEO do not even understand the meaning of IEO. Also, some exchanges are taking the path of IEO because Binance did it and was successful. It's not on the lips of crypto users who do not even understand the concept. Well, let's see what IEO turns out in the long run.

[robelneo]

IEO is the term in crowdfunding in crypto world, and investors want to know if this is both safe and profitable, that is why the last three IEO are all successful, and it's too early to tell, it's  full impact, but one thing I know it's safer to invest here, no need to wait for months to get results, on ICO your money is sleeping for 6 to a year, before you can make profit, that is if the ICO is not a scam.

[spadormie]

1. More Investors to come
As IEO is vouched by already existed and reputed exchange (earlier I mentioned it in another thread), imvestors will feel safe and invest on those projects without doubt. During 2018 to till now, very few projects were able to raise fund through ICO but IEO made it possible. So, its a good sign for cryptocurrency market overall.

Yes, I believe in this statement. IEO is the new age of ICO and because of the reason that IEO platform are the exchanges themselves. And if the exchange has the reputation to conduct so, many investors will come.

2. No Bounty on the board
Projects with good potential will definitely go through the best platform or reputed exchange like Binance. I don't bounty will be required for those kinds of projects anymore. The launchpad itself will play the great market. So, a lot of bounty hunters will leave the forum because no more projects will need bounty even if bounty is required, those projects will not be a good one and hunters will not get much.

Bounty will never be required in this because an exchange has it all. They can provide advertisements for the project. Since they are famous, and they have a twitter account that has a lot of followers and also facebook with lots of followers.

3. BNB Coin Price
Don't think I'm shilling here for BNB coin. I own only 20 BNB coins right now. However, if projects started to launch through IEO, Binance will be their first choice. To purchase coin/token through Binance launchpad, you need to purchase BNB first. Now, imagine how demand of BNB will increase? I think it will increase hugely. By the way, don't take it as financial advice. This is only how I think. You may have different thinking.

This coin will boom because of IEO. It's a nice idea for them to have this and this will only result into pump of that coin. Since this news is good for their own sake.

I would like to add another number

4. More big exchanges will mimic this move.

[sana54210]

I agree on most of your statement, but I do have some of my own, first of all IEO is not totally guaranteed for an investor that they will have a good investment. I do believe that investing in IEO will be much safer than ICO but it still have some risk. The project's token will be automatically listed by the exchange, but we still don't know the development of the project, if things gone wrong, the coin can still be delisted. And about the bounty, I still think that IEO still need some support from the community, but maybe not in traditional bounty we currently have now. And for the BNB yeah, I think it is one of the best investment for now.

I really don’t think there is anyway bounty will be relevant to ICO because if you look at the purpose of bounty, is to use it to create public awareness and campaign overtime till money is being raised but they don’t have issue funding through IEO, the projects listed on IEO gets funding within the twinkle of an eye without any form of campaign.

So, any IEO project will wonder why he has to waste money involving bounty campaign when he can automatically meet his target through the self-advertising system of IEO, though the speed at which projects of IEO gets funded might be because we still have few projects listed, maybe when there are too many projects and funding becomes low, they might start considering Bounty campaign again.

[Thyristor]

People who buy the IEO by Binance, most of them are not investors. They do not buy tokens for the project, but because of the opportunity to x5, x10 their properties.

Now most of the project going to started IEO with exchange. Also some project finished IEO by Binance exchange and if this exchange is popular so that people invested money for those project. I invested a little money with BlueNote http://bluenote.world it also IEO was started from  Dobitrade exchange https://www.dobiexchange.com/

[yingfeng]

Yes, now comes the boom of fundraising projects on exchanges. I think this is just the beginning. Too many exchanges began to announce future fundraising on their exchanges. It is bad that because of this bounty can disappear.

[andreibi]

Too many exchanges began to announce future fundraising on their exchanges.

This is alright in my opinion. You see the success of a fundraising campaign will now also rely on the exchange's popularity and reputation. If conducted in Binance, investors will fomo buy it. If on an unknown exchange, it will just attract flies.

[Bitbtc8]

Launching IEO through binance launchpad won't be an easy task because it will be way too pricey for some projects and since January 2019 I've seen many IEO projects that still do bounties ,I think its a matter of choice from the developers even if the IEO is launched on binance the developer might still consider bounty

[fullhdpixel]

Launching IEO through binance launchpad won't be an easy task because it will be way too pricey for some projects and since January 2019 I've seen many IEO projects that still do bounties ,I think its a matter of choice from the developers even if the IEO is launched on binance the developer might still consider bounty

If you see any project doing bounty campaign, then it is not an IEO project, it is probably an ICO, because I see that most IEO projects gets sold out even within minutes of launching them, this can be verified by the ones Binance has already carried out successfully, the ones that are making use of bounties which we still have so many of them are those that find it difficult to go by the regulations of these exchanges which price is also a determinant factor in a project choosing to go either on IEO or ICO and this is the reason why we will only have few projects getting listed on IEO though it is safer to engage with IEO projects.

[CryptoCoinArbitrage]

Need for the bounties will not stop with IEOs . Spreading the word through different channels won`t be outdated soon.Even Binance needs advertising and exposure, so bounties will not stop at once.

[CryptoKush]

I think that the BNB exchange token number one. Binance is the strongest exchange on the market and other exchanges will find it difficult to compete with it.