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

[andreibi]

Initial Exchange Offering with a new and unknown exchange? That's no different from investing in the ICO itself. The exchange could be a scam after all. Be safe than sorry is the guide for this. Why not Binance?

[Veddi]

IEO is just a wrapper for an ICO. Same risks. A scam project can pay the listing payment and can still scam you. It also can happen to new listings listed by Binance.

[DeathGrasp]

IEO is just a wrapper for an ICO. Same risks. A scam project can pay the listing payment and can still scam you. It also can happen to new listings listed by Binance.

Sorry, but it sounds funny, especially with the background of how the head of binance said that he did not take money for adding projects to the exchange. I don’t think that random projects from unknown people will will be added on IEO of good exchanges. Projects will be very carefully checked and separated by advisers because the exchange itself could fall due to the negative consequences in case of a scam.

[MOProgress]

I am having the feelings that IEOs will be worse than ICOs, the reason is that if the exchange does not put up serious measures to determine IEOs many people still get scammed.

[StreakW]

If IEO become scam, yes of course scammer also will do everything, but for IEO i think hard because they must pay before join in IEO and so many scammer will not do that. Also for IEO exchange is selective to choose project, because if project scam and they using IEO of course will give negative impact to exchange

[Danslip]

I don't need to join the crowdsale if I don't see any value for this. The future will bring more attention to crypto token sales but scam projects will transport token sale to the new levels. IEO is the best example in this logic.

[VanDeinsberg12]

IEO is just a wrapper for an ICO. Same risks. A scam project can pay the listing payment and can still scam you. It also can happen to new listings listed by Binance.

Sorry, but it sounds funny, especially with the background of how the head of binance said that he did not take money for adding projects to the exchange. I don’t think that random projects from unknown people will will be added on IEO of good exchanges. Projects will be very carefully checked and separated by advisers because the exchange itself could fall due to the negative consequences in case of a scam.

That's indeed but i will not believe if binance was not charging that icos will some fees. where will binance gets its fund if that was not even creating revenue from its product? I believe binance was still getting some fees that collected from the sale.

[TastyChillySauce00]

IEO is just a wrapper for an ICO. Same risks. A scam project can pay the listing payment and can still scam you. It also can happen to new listings listed by Binance.

Sorry, but it sounds funny, especially with the background of how the head of binance said that he did not take money for adding projects to the exchange. I don’t think that random projects from unknown people will will be added on IEO of good exchanges. Projects will be very carefully checked and separated by advisers because the exchange itself could fall due to the negative consequences in case of a scam.

That's indeed but i will not believe if binance was not charging that icos will some fees. where will binance gets its fund if that was not even creating revenue from its product? I believe binance was still getting some fees that collected from the sale.

I dont actually know but maybe Binance are pocketing a handful portion of the overall tokens. Imagine having a big business name used by someone else you don't even know, Binance is not that foolish to not charge the IEO projects' developer.
Maybe the existence of that IEO itself could add revenue stream to the overall trading fees but there's must be something else that could make them agrees to add those projects into their exchanges' IEO risking their name.

[PuertoLibre]

Exchanges don't take every single ICO or project for token sales. Binance is very strict in eliminating the useless projects and last ICO called Celer was created by smart guys from Western universities.

[DAVETUN]

Scammers are folks out to take advantage  of  investors and  steal of investors investment, Sure the next move will be on IEO, several fake  exchanges will start pumping  up, in order to lure investors.

[suzanne5223]

Exchanges don't take every single ICO or project for token sales. Binance is very strict in eliminating the useless projects and last ICO called Celer was created by smart guys from Western universities.

There's chance that the IEO will also turn out to be scam just like the ICOs and Binance current strict elimination of useless projects that mean the scammer wont find a means to bypass their elimination since it easy to hire someone who's cons this days.
Mind you, Binance was not the only exchange that handle IEOS.

[icalical]

There is always that kind of possibility, but it is the change is very small. However it depends on which exchange launch the IEO, I don't think big exchange like Binance and Bittrex which have many users will risk their reputation by listing scam project. I believe they have their own expert team to do the research on a project before the actually launch IEO, just like we saw in the recent event on Bittrex they suddenly cancel their first IEO.

[airdropan]

hard to tell when this trend to be mainstream.. all exchange will release their own IEO
and if you ask about scam i dont think that possible, especially when the exchange asking about their identity and checking their project and team first before launch on their IEO

[d1ceplayer]

Yes of course, this is the crypto space and we need to start getting use to it because it is a free market and we can expect anything from a free market since it isn't controlled by just an individual or any government body, IEO is relatively new and this is why we haven't began to see scam activities take place on the platform of IEO but I can assure you that in few months to come, so many IEO scam projects will soon join the league of scammers thereby making the IEO market not different from the ICO market.

[bitcoinst]

On the unknown and little-known exchanges this can happen now. As for the major stock exchanges, their reputation is at stake, after the first failure, the exchange will lose a huge audience of potential and existing customers.

[ballerin and giroud]

It's depends on thoroughness an exchange. If they constantly have a purpose to become reputable exchange then they should have many ways to avoid from an error choosing a project. The risk is exchange itself, if they choose the wrong project it means the project is scam then they should accept all risks that will be faced either  abandoned by many users cause it will produce fear for some users to avoid losing the assets they have.

[DeathGrasp]

It's depends on thoroughness an exchange. If they constantly have a purpose to become reputable exchange then they should have many ways to avoid from an error choosing a project. The risk is exchange itself, if they choose the wrong project it means the project is scam then they should accept all risks that will be faced either  abandoned by many users cause it will produce fear for some users to avoid losing the assets they have.

As a result, probably an important difference between IEO and ICO is that the investor is more protected. He does not have to explore the project alone, and can rely on the employees of the exchange, and in the case of fraud also to assert their rights in court accusing the representatives of the exchange.

[clonely]

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

At least as in other projects, without a chance to sell, there is no chance to disappear. For this reason, I think that IEOs organized by reliable exchanges make sense.

[shakesbear]

The exchange tries to check the project, communicates with the team before announcing IEO, large exchanges are not profitable to place scam projects, but all can be fooled, the project can invest only in marketing and after listing go to scam.

[Mpamaegbu]

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.

I think the right question should've been, "Is there anything good that hasn't been bastardized?" Even after the Biblical creation of man, did the Devil not attempt to corrupt it? I expect such proliferation and adulteration of IEOs. But the simple prevention would be your last word, "new" We should steer clear of NEW exchanges running IEOs. They could be potential scam sites.