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Author Topic: Have any chance in the future recent IEO will be like as scam ICO?  (Read 12736 times)
Pffrt
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March 25, 2019, 12:29:29 PM
 #21

Possible... As it isn't too hard to build an exchange... Fake some volumes to produce an 100million IEO that turn up to be scam, I guess a common scam would be an fake project regarding exchange as well IEO, with some visuals of exchange to convince investors

Scammers always try to adapt to the change, from ICO to IEO, they will become more and more wise and sophisticated in persuading investors. So if you want to choose IEO, maybe we should choose IEO of big reputable exchange platforms like Binance.
Yeah, that's what I exactly said. We have to invest in only reputed exchange's IEO. Scammers are always hanging here and there and they will definitely find a way out to scam. We can prevent once we become more aware.
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March 25, 2019, 12:38:32 PM
 #22

For now we can't say what will happen in the future.  But in my own opinion maybe yes there's a tends because you know scammer nowadays  always make a way just to scam people so it's not  impossible they will hide again on it once it become popular like wha happened on ICO's. Just saying.  Lol
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March 25, 2019, 12:39:30 PM
 #23

Possible... As it isn't too hard to build an exchange... Fake some volumes to produce an 100million IEO that turn up to be scam, I guess a common scam would be an fake project regarding exchange as well IEO, with some visuals of exchange to convince investors

Scammers always try to adapt to the change, from ICO to IEO, they will become more and more wise and sophisticated in persuading investors. So if you want to choose IEO, maybe we should choose IEO of big reputable exchange platforms like Binance.
Yeah, that's what I exactly said. We have to invest in only reputed exchange's IEO. Scammers are always hanging here and there and they will definitely find a way out to scam. We can prevent once we become more aware.
They will find ways to attempt doing what they are really good at, we can't remove the possibilities that they can also manipulate things even it's
already inside the big exchange, though it's a tough job for them to comes up with big exchange but they can create things which beyond our expectations, scammers are scammers.
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March 25, 2019, 01:33:41 PM
 #24

I do not think that IEOs will increase the amount of scam projects on the market. When big exchanges are adding a project they must do a security check of the whole ICO and when they don't such things like Bittrex happen.
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March 25, 2019, 01:40:55 PM
 #25

For now we can't say what will happen in the future.  But in my own opinion maybe yes there's a tends because you know scammer nowadays  always make a way just to scam people so it's not  impossible they will hide again on it once it become popular like wha happened on ICO's. Just saying.  Lol
I already believe that those projects that are launched on popular exchanges are just hyips that you should not trust

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March 25, 2019, 02:17:47 PM
 #26

Basically IEO was created by an exchange and maybe IEO which made by big exchange such as binance, poloniex or bittrex will not scam their investors because they do not want to bet their reputations by scamming people but if in the future IEO popular i fear there will be new exchange with no reputation will be tempting creating new IEO and when people starting to invest at there then possibly they will dissapears with money investors so my answers regarding the questions yes it is possible we will find scam IEO

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March 25, 2019, 02:19:23 PM
 #27

Possible... As it isn't too hard to build an exchange... Fake some volumes to produce an 100million IEO that turn up to be scam, I guess a common scam would be an fake project regarding exchange as well IEO, with some visuals of exchange to convince investors

Scammers always try to adapt to the change, from ICO to IEO, they will become more and more wise and sophisticated in persuading investors. So if you want to choose IEO, maybe we should choose IEO of big reputable exchange platforms like Binance.
Yeah, that's what I exactly said. We have to invest in only reputed exchange's IEO. Scammers are always hanging here and there and they will definitely find a way out to scam. We can prevent once we become more aware.
To invest in the reputable IEO is not so easy as you said and i have tried that two times but the fact that i can't even get a single penny from the market. Market was doing something fishy. I can't trust it 100%.
Any exchange have different result on its IEO
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March 25, 2019, 02:49:13 PM
 #28

I don't think so, because before doing the IEO each team must contact directly and for the percentage of scam will be very low.
if the project fails, it might be possible to scam it or not.
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March 25, 2019, 03:00:13 PM
 #29

IEOs have been around for awhile and its surprising me that people have started talking a lot about them.
There are already quite a few very reputable IEOs out there.
So I don't see how all these new ones will benefit the market.
Of course, competition is good, but just copying an idea that is already out there does nothing.

In this case, you can safely assume that if a new project can't get on something like binance, then probably it is not worth investing in.
Now that the ICO market is dead, you can't assume it will do well just because it is done through an exchange.
Instead, you need to be very careful and picky if you decide to go that route.

Generally speaking, I think ICOs and IEOs will survive.
It just won't be the crazy wild wild west like it was before.
There is profit to be made, but not just those quick flips that were possible in 2017.

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March 25, 2019, 04:40:14 PM
 #30

I have recently visited the bounty thread of this forum. And have founded some token bounties and trying to read details. One token which is running their token sell via IEO. [Initial Exchange offering]. The main fact what I want to say that the exchange is totally new.

So we know that recently Binance have started their Launchpad.  And they are success till now. The token sale finish in few minutes  even few seconds . So generally now People are finding some project which is Launch by a good reputed exchange Launchpad And people will not invest any ICO.

But scammers will not stop their journey I think. So they will try to scam in different ways.
Now I want to know how IEO will be affected by scammers in the future?  And how people can safe from scammers if IEO will be affected? Thanks

Binance made BTT with Launchpad for the first time in January. But Binance was not the first to implement the IEO. There were already a lot of platforms. Especially Latoken dozens are running IEO simultaneously. And I think if we come to the problem, I think SCAM projects can be seen through IEO.
Yes binance is not first IEO launcher that I know. And I knew that without Latoken, some exchange also support such as mercatox,yobit etc. But people did not give important to these Exchange's Launchpad.  And people did not more popular about IEO before starting binance Launchpad. Anyway thanks buddy!!  

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March 25, 2019, 04:59:13 PM
 #31

I believe soon another scam will get the best of one of this exchanges, remember Raid ICO almost did this for Bittrex before they pull the plug at the 11th hour, Exchanges are just after the money and would likely overlook things that are obvious for outsiders to see and they will get scammed and put their users in problem and will need to refund the investors because their terms and conditions will not protect them because what they sell to them is an obvious scam


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March 25, 2019, 05:09:17 PM
 #32

I have recently visited the bounty thread of this forum. And have founded some token bounties and trying to read details. One token which is running their token sell via IEO. [Initial Exchange offering]. The main fact what I want to say that the exchange is totally new.

So we know that recently Binance have started their Launchpad.  And they are success till now. The token sale finish in few minutes  even few seconds . So generally now People are finding some project which is Launch by a good reputed exchange Launchpad And people will not invest any ICO.

But scammers will not stop their journey I think. So they will try to scam in different ways.
Now I want to know how IEO will be affected by scammers in the future?  And how people can safe from scammers if IEO will be affected? Thanks
Scamming will never stop until there is money involved in anything. I am sure that there will come a time when people will get scammed through IEO also but we have to be prepared for that.
IEOs reduce the risk of getting scammed since we have the option of investing in an ICO which is listed on a particular exchange. IEOs are like a filter which produces better ICOs.
People might get scammed if they invest in an IEO which is newly launched since we won't know if it is legit or not. So in order to prevent such risks of getting scammed we should  only be targeting those exchanges which have a good reputation such as binance, bittrex etc..

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March 25, 2019, 05:10:39 PM
 #33

Possible... As it isn't too hard to build an exchange... Fake some volumes to produce an 100million IEO that turn up to be scam, I guess a common scam would be an fake project regarding exchange as well IEO, with some visuals of exchange to convince investors

Scammers always try to adapt to the change, from ICO to IEO, they will become more and more wise and sophisticated in persuading investors. So if you want to choose IEO, maybe we should choose IEO of big reputable exchange platforms like Binance.
Yeah, that's what I exactly said. We have to invest in only reputed exchange's IEO. Scammers are always hanging here and there and they will definitely find a way out to scam. We can prevent once we become more aware.
To invest in the reputable IEO is not so easy as you said and i have tried that two times but the fact that i can't even get a single penny from the market. Market was doing something fishy. I can't trust it 100%.
Any exchange have different result on its IEO
Yes, it will be a certain balance between risk on dubious exchanges and low risk on trusted exchanges. At the same time, if the risk is small, the chance of participation will be negligible. This is similar to private distribution among large investors. Whales will buy everything before the beginning.

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March 25, 2019, 06:23:19 PM
 #34

Just like the adage that for everything good; there is a massive disadvantage
So let’s see how far ieo goes in this crypto currency world

Be smart and dyor always
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March 25, 2019, 07:29:27 PM
 #35

unfortunately the possibility that some of the new ieo will be scams is very real especially if proposed on less known exchanges we have to be very careful as with the ico

space available pm me if interested
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March 25, 2019, 07:41:11 PM
 #36

Yes of course, I am very certain that we are going to see a lot of scam activities in IEO, though it wouldn't be as much as that we have seen in the ICO space because unlike the IEO market.

The ICO market is very much a free market and anything goes because it is not being controlled by any individual or government body but IEO is mostly controlled by popular exchanges that have already made name for themselves, though any exchange good in development can start up an IEO which will be the beginning of IEO scam.
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March 25, 2019, 09:49:59 PM
 #37

Anything could be a scam even IEO ,
Scammers would use anything for money they would create some project then they would leave it once they got the money.
I am not saying that IEO is a scam but let's be honest nothing is safe everything have a risk and could turn to be a scam.

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March 25, 2019, 11:21:33 PM
 #38

IEO itself is not a guarantee that you were not be scammed. It should be supervised by a reputable exchange,
only then we should feel more confident.

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March 25, 2019, 11:28:23 PM
 #39

if not verification is carried out by people who do not have expertise, maybe in the end it will suffer the same fate as ICO. moreover if all exchanges compete to provide IEO services, this makes the IEO not special anymore.
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March 25, 2019, 11:32:35 PM
 #40

if not verification is carried out by people who do not have expertise, maybe in the end it will suffer the same fate as ICO. moreover if all exchanges compete to provide IEO services, this makes the IEO not special anymore.
after all the IEO in my opinion is also still risky with manipulation of exchanges and teams. that is very possible, actually not much different from ico but now it might still be fine. we don't know this can be trusted until when.
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