Have any chance in the future recent IEO will be like as scam ICO?

[salad daging]

if it is a reputable exchanger, they will not do a scam because they risk their own exchanger name unless the exchangers are less attractive and have only a few users then they can do a scam then after that they leave without caring about the exchangers who are already dying

[CryptoLogo]

That's right, you are right. I completely agree with you, we need to trust only large exchanges with a good reputation.

[Serve20]

Yes, the possibility of scam in IEO is very possible as we have seen in the first attempted on Bittrex. The major issue we gonna have is that not all these exchanges will take their time to scrutinize the project and its team, the interest of many of them will be the money they gonna make through it.

[adrianto1995]

Hmm, maybe someday yes.
IEO is still new and only Binance who can succeed with this method, but I don't think someday they will deliver us scam project to their launchpad.
Scam IEO can exist if many exchanges try to follow Binance someday...

[george_hured]

You can never be sure that any process will show 100% success. I am sure that people will try to simply deceive all that is possible. Therefore, here exchanges need to be very, very careful.

[Mrsparks]

Even before binance IEO has been in existence, I think the launchpad idea is supposed to cover more than the IEO process.. With many exchange set to follow the same model,  one has got to be careful which exchange IEO to partake in? I just hope exchange will do due diligence before fielding projects on IEO so as to safeguard the interest of traders..

[Julunguul]

Since IEO system is about harder, we need an account to those Exchange, this is just like everyone already have their own Slot/Place to buy the tokens/coins. The only way for the scammers is they need to make phising website to those exchange and that was almost impossible to do.

[takngantuk]

although the IEO will report the same as the ICO in the future, but I believe if the IEO in large exchanges like binance and bittrex will not commit fraud. they will not let the user experience any adverse things.

sooner or later I'm sure scammers will use the IEO to raise money. so we must remain vigilant.

[dizzy1996]

Really! I think that the solution is wonderful because IEO really shows us a new look at tokens and it also has many advantages among which the safety of investors and I think this is a good decision.

[royalfestus]

Scam through IEO would be revealed as time passes by, humans are capable of improved evil. The scam accusation does not stop on the misuse of fund but also the fulfilling the road-map to a product that brings a use-case that drives the demand for attached coin. Most of the exchanges are just driving the volume of the exchange token with the process, they dont really care about the project, It could be a developed level of pump and dump coin market.

[sana54210]

I understand that scammers will always find or design a strategy to use in scamming people through crowd funding but I think it will be quite difficult to infiltrate the IEO project , given to the fact that investors can only purchase the token from the said exchange since there will be no more need to be sending fund directly to the smart contract governing the ICO, and exchanges in their own part must have really ensured that any smart contract they are registering is genuine and verified, though this process cannot guarantee the success of the project. So, with these steps above, it might be quite difficult for farmers to attack ICO but nothing is impossible.

[aprilnot]

this possibility must be because scammers are very clever, but that doesn't mean the IEO doesn't have hope. if the verification done by Exchange is very tight, I'm sure this can minimize scam projects in the future.

[bitgolden]

You can never be sure that any process will show 100% success. I am sure that people will try to simply deceive all that is possible. Therefore, here exchanges need to be very, very careful.

If you are talking about this year, the price of $7000 or $8000 is totally achievable even though the market looks a bit kind of awkward now but we still have lots of pending project coming into the cryptocurrency that will really on Bitcoin for payment or investment.

The moment more people deposit money into bitcoin which will start happening from second quarter of the year, price of bitcoin will start growing towards $5500 usd and will eventually get to the $8000 or even above but next year will be the best year of investors in bitcoin which majority of us will experience the bull run we waited for.

[KennyR]

As of now there is less chances for IEO to go as a scam. Same thing happened with ICOs as well, but later scammers explored and took power on ico's. With IEO as everything is happening through exchanges, if some exchange support scammers there is possibility for scam on IEO.

[fullhdpixel]

It might be happen IF the exchange who had IEO not selective on IEO in their site. I think Binance or other exchange should be smart and not blindly accept all IEO on their site because if anyone can make their own IEO on exchange, it will be a disaster and it can be ended like ICO.

Right, this is why ICO too will not die off completely like many hunters are scared of. There are so many rules to be abide by from both the project team and even the investors, so, not many ICO will be able to migrate to IEO, thereby making the IEO limited to well scrutinized projects and little participants.

Except exchanges that are without reputation and would take any project or shitcoins project because of the little token they will offer them for registration but I really doubt if this can ever happen in all these top exchanges, especially the Binance Launchpad.

[ranman09]

I think yes, on new and unpopular exchanges. The thing with big exchanges like Binance is that they will obviously protect their credibility and continuously check those IEO. This is the one thing that makes IEO launched on credible exchanges hit investors. Simply because of the trust in that exchange.

[levyashin]

I think the success of ieo is directly impacting on the reputation of an exchange. Even a new exchange won't list a scam ieo becaue if they want to operate as a ieo platform or an exchange they just can't have this.

[StephenJH]

I think the success of ieo is directly impacting on the reputation of an exchange. Even a new exchange won't list a scam ieo becaue if they want to operate as a ieo platform or an exchange they just can't have this.

İEOs will be the main platforms in the future for selling the tokens. Scam ICOs can be dangerous if you don't have a idea how to handle the scam ICOS.

[raven7886]

Hmm, maybe someday yes.
IEO is still new and only Binance who can succeed with this method, but I don't think someday they will deliver us scam project to their launchpad.
Scam IEO can exist if many exchanges try to follow Binance someday...

Binance can never produce a scam IEO but like you said, I fear about many other exchanges that will like to want to compete with Binance and end up still registering projects that are there to scam but if this will be the case, they will only end up creating a monopoly market by allowing people to only believe in Binance IEO and once this happen, many Projects will find it difficult to go with Binance because their IEO prices would have been too high for them to comprehend.

Many investors will tend to also want to rely on investing in projects that are listed on Binance Launchpad alone.

[louisBSAS]

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

I think that the exchanges qualitatively check those projects that they want to place on their launch pad. Therefore, I think that at IEO, we cannot meet scammers.
In the future it may happen that tokens will not grow in value, but the exchanges themselves, which artificially price new tokens, will be the first to blame for this.