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Author Topic: Why IEOs Came Into Existence?  (Read 1013 times)
Wildwest
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April 10, 2019, 09:40:05 PM
 #61

I don't know about that, but clearly the IEO is currently the right solution for many ICO scammers. There may not be many IEOs, but from some IEOs it can raise funds more than the ICO. Scammers will be destroyed by this IEO

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April 10, 2019, 09:45:11 PM
 #62

Crowdfunding is where the money is and exchanges want their part from it. They realized that ICOs are
struggling and the investments dropping and Binance was the first one to  step  on  this market.
It under that development process where company owners would like to proceed for a new form of project platform in the event that it could eliminate doubts for the investors and they'll come up for IEO in order to separate from ICO which is the start ups of all scam project. And they'll think that, this could renew people mind to change their insights towards ICO and get satisfied with the new one IEO.
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April 10, 2019, 09:48:27 PM
 #63

Listing fees should be less of their worries when they buy almost all the tokens available for sale and turn around to list the token at 10 times it's ieo value. IEO has its positives over ICO but I don't trust the process.

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April 10, 2019, 09:53:36 PM
 #64

Well with my objections about ieo; I believe ieos are into existence to make life a lot easy for the true and real projects
Because with a reputable team; confident project dev
Ieo will make you reach your goal
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April 10, 2019, 09:56:08 PM
 #65

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  Grin


What's your take on this?

I think that IEO is a great chance to earn money for the lucky ones who managed to buy tokens of new projects. On most exchanges, they rose in the price of x2-x5 and this is a very good profit. In the crypto market, it has long been impossible to earn so much money.

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April 10, 2019, 10:11:23 PM
 #66

Because they are the answer on how to gain back the confidence of the investors in the crypto space.
With the advent of IEO, investors feel safer with investing, although the number of projects that has come into existence is now limited but we can ensure that majority of them are good projects. I believe we quality projects more than quantity alone.
IEO has not really performed better than ICO to me, I know the meet up to target easily and the exchanges assures us that they are genuine projects, but there is a difference between a genuine project and a good one, genuine one means that they are real and can be trusted not to run away with clients money without having a project but they are not so good when it comes to the value of the projects its, what products are they coming up with, are they good enough to discourage the investors from Later dumping the coin, which I see that majority of their products are still being dumped after entering exchanges.
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April 10, 2019, 11:51:11 PM
 #67

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  Grin


What's your take on this?

You have a good point, they want to sustain their business if there are no new projects, people will lessen their interest to pour in their money in their exchanges, we all know that new coin that has unique features generate interest from investors, so because of this they launched their own crowdfunding platform.

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April 11, 2019, 02:28:59 AM
 #68

In my personal opinion, IEOs came into existence basically to solve the problem of investors getting scammed and also to encourage both the old and new investors to invest into up and coming new crypto projects in order for these projects to survive in the crypto ecosystem. In order to keep the crypto ecosystem growing, something needed to be done to avoid exchanges from losing people who trading on their platforms and about how ICOs are now the avenue for scamming investors.
IEOs are just a new version of ICOs with additional features to help make the crypto ecosystem.
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April 11, 2019, 03:06:14 AM
 #69

Well as a enthusiast i am not really a fan of IEOs, because i believe this is a sort of built by hype. Well as for example the BTT, well for me i am a fan of TRX platform but to think that BTT is fastly soldout because of IEO is just because that is in binance. Those who by are into fast transition of profits not those who really supports the technology it self. Well for I guess for me that's not a good indicator. Well we all know if Bittorent token is subject to gain a lot in the future or to build an empire but that's only from a point of view a normal people like me.

 
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April 11, 2019, 07:11:35 AM
 #70

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  Grin


What's your take on this?

When peoples put their money on a most well-known platform like binance, they will feel more confident.
Cryptocurrency investors are still on the crypto sphere, they just afraid of scam project.
It is shown from the sold out IEOs within short time, even seconds.

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April 11, 2019, 12:04:02 PM
 #71

In my personal opinion, IEOs came into existence basically to solve the problem of investors getting scammed and also to encourage both the old and new investors to invest into up and coming new crypto projects in order for these projects to survive in the crypto ecosystem. In order to keep the crypto ecosystem growing, something needed to be done to avoid exchanges from losing people who trading on their platforms and about how ICOs are now the avenue for scamming investors.
IEOs are just a new version of ICOs with additional features to help make the crypto ecosystem.
Yes, the existence of IEO is probably a method to help the market become more vibrant, especially ICO field when people's impression of it has been too bad in recent years, the launch of the IEO will help new and old investors begin to return to the investment market. We can see the results that the IEO created, many investors have returned to the market, a new wave has spread but I believe the IEO will soon end when it is a strategy to help people come back, when that succeeds, it will soon be removed.

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April 11, 2019, 12:08:26 PM
 #72

I don't know about that, but clearly the IEO is currently the right solution for many ICO scammers. There may not be many IEOs, but from some IEOs it can raise funds more than the ICO. Scammers will be destroyed by this IEO
They came into this market to make improvements on attracting investors, and since ICO are not good in the eyes of the investors they have to look for a good alternative. IEOs are still new, just like the first month of the ICO everyone is quiet happy not until scammers are joining the game. It can't totally eliminate scammers, because there are some projects that can still scam the investors even if its already listed. Exchange is not a guaranteed of a higher value in the future, you must still look for the project itself.
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April 11, 2019, 12:12:13 PM
 #73

I have seen plenty of that in the recent times, and they were quickly sold out, I'm not sure what the reason they have to start it, but I think it's beneficial for them to have that too. It's an easy guess that they are earning a lot there. Maybe they also buy from it, the individuals there or something.

So in the end, it is still all about the $$$. These exchange are probably afraid of losing one of their major source of income  Grin
Think about it, when you are an owner of an exchange or a part of the majority stakeholders in a company, wouldn't you want more income to come into your way?

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April 11, 2019, 02:27:48 PM
 #74

If you gain at the ICO, exchanges also gain. Consider about earnings that come from big volumes.
Also consider binance : big profit, price increase in bnb.
Still more like it was created to fully suit their own need, Binance came up with the idea while the developers are probably thinking of ways to make their coin appreciate and that is why they brought such product, so as to enforce it on people once the IEO platform gains wide recognition.

If they are not so biased in their operation of IEO, why didn’t they limit the exchange coin to BTC alone, why did they have to enforce people to buying BNB first before being able to participate in the IEO, which makes someone who has no interest in BNB but the project alone have no choice than to get the BNB coin. I still see these as big manipulations from the exchanges.
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April 11, 2019, 08:41:17 PM
 #75

Everybody has their opinion why IEO came into existence, but this is my take on it, I saw that there were a lot of scammers coming into the ICO market and this was becoming a very big issue in the crypto ecosystem because it became so difficult to differentiate which project is which and you might fall I to the hands of a scammer without knowing, this is why already trusted exchanges had to come up with a system that would enable investors invest in a project and make profit without having fear of losing their funds.
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April 12, 2019, 04:36:57 PM
 #76

The market needed a stable platform for ICOs, and it appeared even in several copies in the form of cryptocurrency exchanges. I am very happy about this.
Yes, I am happy and love IEO for two reasons behind some other reasons like many people do mention here and there.
The first reason why I appreciate the existence of IEO is that it has eliminated the risk factor for the investors who would normally invest blindly in the ICOs and would get robbed.

The second thing I like about IEO is the fact that the crypto startup actually focuses on the project and the marketing is dealt by the exchange which conduct IEO and as a result it works. It might gives more free time for devs to focus on developing their project unlike they need to spend lots of efforts on promoting their ICO to get enough funds for their project.

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April 12, 2019, 04:55:47 PM
 #77

I don't know about that, but clearly the IEO is currently the right solution for many ICO scammers. There may not be many IEOs, but from some IEOs it can raise funds more than the ICO. Scammers will be destroyed by this IEO

Indeed, the current IEO is better, but scammers must be like other ico, but with the sale of the IEO, investors can increase to return as the soul that once existed.
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April 12, 2019, 05:01:49 PM
 #78

Those crimes committed during ICOs where the major reasons why the IEOs came onboard and we the investors are happy to be free at last. Last years early i lost almost $1002 on a scam project which appeared to me legit but was tricked in the process. My believe is, IEO will be more far better than the ICO. 
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April 12, 2019, 05:02:15 PM
 #79

I don't know about that, but clearly the IEO is currently the right solution for many ICO scammers. There may not be many IEOs, but from some IEOs it can raise funds more than the ICO. Scammers will be destroyed by this IEO

Indeed, the current IEO is better, but scammers must be like other ico, but with the sale of the IEO, investors can increase to return as the soul that once existed.

there is no guarantee to that. even exchanges can be a tool for scamming investors, keep in mind that most investors will dump most of the time when they see opportunity to profit. if all those users in the exchange are the only who bought the token thru IEO, the higher the chance of these tokens getting dumped when market is opened. or maybe we can also say the team along with the exchange can be in cahoots.

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Kingairdrop
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April 12, 2019, 05:27:21 PM
 #80

IEOs are actually improvements on ICOs, the shortcomings faced by ICOs have been tackled by IEOs of big exchanges. For instance the fear (after buying the token of a project during ICO) of not listing has been tackled and investors are more confident to put their funds on IEOs

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