xclusiveguy
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April 12, 2019, 07:58:32 PM |
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Well I go in with the idea of the OP, majority of those exchange don't wanna lose, that's why they bring in IEO, and to my own understanding IEO is just out there for quick money, majority of the IEO had dumped below listing price so much
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Cellerex
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April 19, 2019, 09:02:23 AM |
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Well I go in with the idea of the OP, majority of those exchange don't wanna lose, that's why they bring in IEO, and to my own understanding IEO is just out there for quick money, majority of the IEO had dumped below listing price so much
I think that this is just another way of making money in the crypto industry. Such schemes have no future. Everything is as old as the world. A pump and then a dump ... WE have seen this already hundreds of times.
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levvv
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April 19, 2019, 03:01:14 PM |
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Because many investors were scammed millions of dollars by fraud ICO in the past. IEO is one of the solution to preventing fraud projects by holding it on a legit exchange platform.
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Boombull
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April 19, 2019, 04:55:25 PM |
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I the reason why IEO came on board is to solve some of the inadequacies of ICO and the most important of it is the issue of instant liquidity after the sale which is somehow hard when it comes to ICO. Another ICO issue that IEO came to solve is the issue of scam which I think exchanges would have vetted the project before running the IEO.
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Nasonn
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April 19, 2019, 05:19:37 PM |
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Exchanges are definitely making money from holding IEOs on their platform. I believe they actually buy a huge percentage of the tokens and they influence the listing price of the token which means huge profit for them at the expense of customers.
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zhekinsp
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April 19, 2019, 05:42:24 PM |
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Have you ever thought of this before? When I first heard of IEOs from smaller exchanges, I thought they were simply catering to one of the demands of ICO investors which is immediate exchange listing. Then came the bigger centralized exchanges like Binance, Bittrex, and Kucoin. It somehow made me wonder why would they open up their platform to crowdfunding. Maybe because they also think that the ICO market is dying? If so, then that would mean less new projects. With less new projects, less potential source of income (listing fees). So in the end, it is still all about the $$$. These exchange are probably afraid of losing one of their major source of income What's your take on this? Yes,the main intention is to make more money from advertising on big exchange and also people will trust more when it is advertised by the big exchange like Binance.
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Flezy
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April 19, 2019, 06:01:27 PM |
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In my own understanding, IEOs come into existence owing to the fact ICOs failed or rather many ICOs are scams. Now with IEO the issue of scam will be reduced to the least minimum owing to the fact the exchanges will do enough research so as to protect thier memebers or investors.
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bitstalker
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April 19, 2019, 06:05:46 PM |
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in my opinion not because ico is dying but this is more to the "profit" that the exchange that does the IEO gets because if the IEO offered is successful they will certainly benefit because the IEO token is listed in their exchange
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axel2078
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April 19, 2019, 06:14:44 PM |
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IEOs are here to ensure scam is reduced. Why I said so is, an exchange like Binance wouldn't want their members getting scammed, so surly will ensure any IEO they are promoting is legit. At least, investors will feel calm buying. The issue that might arise is after IEO will the team be able to offer what they promised??
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CLywaTeLb
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April 19, 2019, 06:18:17 PM |
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ICO pulls money from the crypto industry. IEO will probably leave more money in crypto. And this is one of the ways to centralize crypto. Humanity is not yet ready for a decentralized financial and service system.
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Tylev
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April 19, 2019, 06:45:45 PM |
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IEOs are here to ensure scam is reduced. Why I said so is, an exchange like Binance wouldn't want their members getting scammed, so surly will ensure any IEO they are promoting is legit. At least, investors will feel calm buying. The issue that might arise is after IEO will the team be able to offer what they promised??
During a long period of a bear market, ICO projects have lost their reliability and availability, primarily because of the large number of frauds in this type of activity. Therefore, the teams began to look for other options to raise funds and distribute new tokens. So the idea of raising funds through the stock exchange was born. However, Binance, for example, took into implementation only four proposed projects out of 60. Where will the other projects go? Most likely, they will go to distribute their tokens through ICO.
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dawai asmara
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April 19, 2019, 07:59:13 PM |
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ICO pulls money from the crypto industry. IEO will probably leave more money in crypto. And this is one of the ways to centralize crypto. Humanity is not yet ready for a decentralized financial and service system.
if you look at data that crypto users are still very small, it proves that crypto still looks complicated to be used by many people, but in the future people will be smarter and technology and electronics will increasingly mushroom and it will be a great opportunity for everyone to use crypto to invest through IEO or ICO.
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hyunee
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April 19, 2019, 08:02:20 PM |
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I guess that IEO came into existence because of ICO problems. Since many ICOs are scams IEO took its place and IEO is now the new ICO. The idea of IEO I think somehow crushes the idea of ICO since it is more secured than it. And this is what people wants, a secure investment opportunities.
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rdewilde
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April 19, 2019, 08:57:22 PM |
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In simple terms IEOs are meant to reduce the scam rate which was on high increase. This is because the exchange will make due diligence to protect all. But something still bothers me, in the long run will they be able to deliver what was promised or written in the whitepaper? Let me keep my fingers crossed.
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OneCoinMan
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April 19, 2019, 09:04:56 PM |
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I do not think that something sensible will come of it. IEO dictate their terms, it just destroys the meaning of cryptocurrency. The exchanges centralize all management in one place, create terrible conditions.
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Eildosa
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April 19, 2019, 09:10:26 PM |
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I don't know why they are existence, but it's a pretty popular direction now. This way exchanges strengthen the credibility of their coin too. For example, as did the exchange Binance.
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cchub
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April 19, 2019, 09:11:35 PM |
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Have you ever thought of this before? When I first heard of IEOs from smaller exchanges, I thought they were simply catering to one of the demands of ICO investors which is immediate exchange listing. Then came the bigger centralized exchanges like Binance, Bittrex, and Kucoin. It somehow made me wonder why would they open up their platform to crowdfunding. Maybe because they also think that the ICO market is dying? If so, then that would mean less new projects. With less new projects, less potential source of income (listing fees). So in the end, it is still all about the $$$. These exchange are probably afraid of losing one of their major source of income What's your take on this? It is quite obvious it is still all about the money. Didn't you know that before? What world do you live in? Yes, they want our money and we want make money too. As simple as that!
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irixo10
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April 19, 2019, 09:33:43 PM |
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The answer is direct; which is to reduce scams and save investors from running into unwarranted losses. Exchanges won't be happy if their investors gets scammed and to ensure this, they will take appropriate actions to verify upcoming projects.
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pixie85
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April 19, 2019, 09:34:08 PM |
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I don't know why they are existence, but it's a pretty popular direction now. This way exchanges strengthen the credibility of their coin too. For example, as did the exchange Binance.
Really? After so many opinions in this thread you still don't know why they were created? Exchanges need money to expand to other countries so they are offering IEOs. People want a safe profitable investment and are tired of ICO scams. It's a pretty straightforward relationship.
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