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Author Topic: Have any chance in the future recent IEO will be like as scam ICO?  (Read 12770 times)
sana54210
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April 21, 2019, 05:21:40 PM
 #101

IEO is a safe way to reduce the risk of SCAM projects. So, definitely a selection for a project that wants to hold an IEO on an exchanger. So, I think the risk of a scam IEO is zero.
You can’t completely say that, it all depends on how strong the popular exchanges holds the platform and makes it irrelevant to some smaller ones. The problem will not arise from popular exchanges but there is a chance that small exchanges will get caught up with it.

Someone once even told me that some scammers even goes to the extent of owning an exchange to scam people, so what do you think of these ones if they come up with an IEO project, this is why we still have to also be a little bit careful in choosing exchanges to participate in, so we do not create another tension in IEO like we did in ICO.
Adriano2010
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April 21, 2019, 07:49:08 PM
 #102

Well if the exchange that make IEO is new no one can guarantee that the coin/project will not turn into a scam. But maybe on high and known exchange the IEO will be successfull and can make a profit.
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April 21, 2019, 07:57:29 PM
 #103

There are possibilities about this changes and these changes can affect to all kind of altcoins no matter how strong team controls it. In my opinion, IEOs will spread all over the recent ICO review sites during 2020 and other exchanges will join to this new format of token sale.
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April 21, 2019, 08:53:54 PM
Last edit: April 21, 2019, 09:25:36 PM by Esterklu
 #104

Why not. Scammers always appear where there is money and a hype theme. In general, with new exchanges, you need to be very careful now. So, stay safe and recheck everything 10 times.
asbak66
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April 21, 2019, 09:09:00 PM
 #105

I highly doubt it when it comes to big exchange like binance etc.
If they gonna be scam of course binance and other big exchange didn't take partnership with them right?
And when IEO end, project already list there immediately, so why they must be exit scam?
Same case with medium exchange, they definitely have some policy to check if the project scam or not , so I think just beware and carefull when you choose to invest

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April 21, 2019, 09:14:41 PM
 #106

Why wouldn't there be scams in IEO? And people act like this is a new thing. Exchanges have hosted third party ICOs in the past. They were just called normal ICOs, not IEOs. And yes, there were many scams on those. Exchanges didn't care back then.

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April 22, 2019, 02:19:20 PM
 #107

This cannot happen because the IEO is done through exchanges so you only need to verify the IEO exchange so you can know if the IEO is fraudulent. This will happen if you can create a trading platform and then self-organize the IEO to steal investors' money. But this is not possible because no investor will accept an IEO through an exchange not listed on the CMC.

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