Freescan
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May 05, 2019, 10:52:21 AM |
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Personally I don't see it as a bad idea but I am thinking it will be easier to scam people with IEO because many people can easily trust IEO these day than ICO.
That possibility could have happened when many people began to trust the IEO, if we first saw the ICO launch, many people flocked to believe this to get maximum results, but the ICO gradually became a hotbed of fraud like in the last few times, many ico ended in fraud.
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darkangel
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May 05, 2019, 11:02:57 AM |
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My understanding for IEOs is basically instead of project handling raising funds etc. It will be for an exchange to do so.
An IEO hosted by Yobit or Binance can clearly not be compared. In other words, the exchange gives more credibility to the project regardless of whether it's worth it or not.
Am I the only one who thinks this is actually a bad thing and make people focus on the exchange hosting rather than the actual project and what the team is offering etc.?
No they are not bad. It is a good step in the right direction. Despite the fact they are taken advantage of by exchanges, and not entirely foolproof, yet it still solves the intrinsic problems of cryptocurrency volatility contributed by fraud from project developers.
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DeathProxy
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World's First Crowd Owned Cryptocurrency Exchange
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May 05, 2019, 11:36:02 AM |
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IEOs of some particular reputable exchange are amazing to me: but some exchanges (which let's not forget do about 98% fake volume...apart from a few exceptions like Binance) are supposed to provide the credibility? IEOs sell out in minutes or seconds...but they are all pumped to create FOMO. Just so the token goes up and those behind the IEOs profit from it. Others buy after the token is listed, pushing it further up...and then eventually that token will be dumped. This kind of stuff is killing the reputation of projects that actually do their best to deliver
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Chomsy
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May 05, 2019, 01:16:07 PM |
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That exchanges give credibility to the project, does it also mean that the project will skyrocket when listed on such the exchange. Let me use this scenario, after the IEO, a project is sold out, right. Then have we stopped to think what happens afterwards? How serious will the project team be to continue developing that project? This is no longer the business of the exchange.
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samcrypto
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Vave.com - Crypto Casino
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May 05, 2019, 01:22:15 PM |
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Personally I don't see it as a bad idea but I am thinking it will be easier to scam people with IEO because many people can easily trust IEO these day than ICO.
That possibility could have happened when many people began to trust the IEO, if we first saw the ICO launch, many people flocked to believe this to get maximum results, but the ICO gradually became a hotbed of fraud like in the last few times, many ico ended in fraud. What a happened to the ICO are the indications that no matter how good you are, scammers will always find their way to get money. An IEO working with the top exchanges are still not a safe investment so don't believe easily even if its a Binance exchange. IEO can still be manipulated, the volume can be manipulated and if they achieve to sold out in just one our for sure they are just trying to make a hype and when they hit the exchange they will just dump the price so try to analyze it.
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ausbit
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May 06, 2019, 10:35:24 AM |
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As you know most of ICO was scams and others are dead and after IEO launched investors are willing to invest in projects and almost every projects getting success.
Sometimes, this issue of ICO scam, I just hope we are not really blowing it out of proportion, I just thought to myself now, the rate at which we see all ICOs as scam, how come I have still not fallen a victim of any despite my continuous participation, I know I research on them a lot before investing, but I don’t think I am that perfect not to have fallen a victim of at least 1, all the years I have spent in this ICO market, I have never for once been scammed. I know that IEO projects are very good right now, for the fact they come directly from reputable exchanges, I just hope that one day, 1 person will not fault it and change the trend whereby everyone will start condemning it again.
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Viper_Unleashed
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May 06, 2019, 10:40:30 AM |
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This is a new game started by many different exchanges to raise their own funds. Previous crowdsale were much good because people had time to get to know the project in detail and can invest as per it. But sometimes due to funding the projects failed to start and had delays but that was still acceptable. But in case of IEO every exchange had created their own coins and conditions apply that IEO can be bought with those only and 80-90% times people and investors cannot buy it and the same old story pump and dump making people loose money.
On the other hand many projects needs start up and listing in an exchange like IEO can solve such problems providing the funding platform.But unfortunately now--a-days many shit projects are coming every now and then and making people rekkt.
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ricardobs
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May 06, 2019, 10:51:16 AM |
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My understanding for IEOs is basically instead of project handling raising funds etc. It will be for an exchange to do so.
An IEO hosted by Yobit or Binance can clearly not be compared. In other words, the exchange gives more credibility to the project regardless of whether it's worth it or not.
Am I the only one who thinks this is actually a bad thing and make people focus on the exchange hosting rather than the actual project and what the team is offering etc.?
at the moment the IEO is busy talking in this forum. I interpret what you say about the credibility of an ico that does an IEO in some exchanges, especially large exchanges such as binance. yes regardless whether or not it is feasible or even can even scam. in my opinion, however, we will really need regulation to overcome every thing that can involve crypto IEOs held by binance should be not compared with others exchanger. Every exchanger have their own method when doing analysis about the project. But i agree we should invest on IEOs held by exchanger with good reputation because exchanger with good reputation must be wont take a risk Binance is the Best exchange out there and it cannot and should not be compared with the small common exchanges because of many reasons. The fact that Binance has been so over crowded is due to the fact that it has been offering great services to its users and this is purely the reason why people prefer Binance. IEO conducted by Binance have been great success and one should try to be part of IEO on Binance.
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_Django05_
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May 06, 2019, 11:04:13 AM |
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My understanding for IEOs is basically instead of project handling raising funds etc. It will be for an exchange to do so.
I don't see anything bad with IEOs. The rule and belief system behind IEO's work is comparable to smart contract. In light of the fact that the IEO is another project for ventures that need development funds.
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NEERAJ ANAND
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May 06, 2019, 11:26:31 AM |
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We can not say that ICO's are a good or bad know because this trend is just sated after a big crash of ICO's. IEO's' started by exchange directly and there is a low chance of scam that ICO's
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Wyndesam
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May 06, 2019, 11:40:44 AM |
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Participated in the ieo on binance and gate , once there and there , the projects of course after the release are very much , and the exchange take responsibility for the project , I think if you go only on those exchanges that you trust
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humantraffic
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May 06, 2019, 05:40:51 PM |
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I agree with you, everyone who participates in the IEO is like a project that they have written in white paper, many do not even go to the project site. The main thing is to enter the IEO and quickly throw off tokens/coins with a profit. And they are not interested in the future of the project.
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alt-fire
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May 06, 2019, 05:49:53 PM |
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IEO's can't be be good or bad. They are exist and that's all. For now - investors and traders believe in IEO and only that is important. We cant say how long it will be, but it is still profitable to invest in IEO.
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TIDOVEE
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May 06, 2019, 05:54:50 PM |
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IEO is majorly established to take charge of exchange in our crypto project, every change will definitely have a positive side and negative side depending on which side it has been to you from time, i believe it will help to reduce scams and help to fasten the delay of many token from getting into exchange. but it may have to reject some project.
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AUruHM
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May 06, 2019, 06:13:14 PM |
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IEO's can't be be good or bad. They are exist and that's all. For now - investors and traders believe in IEO and only that is important. We cant say how long it will be, but it is still profitable to invest in IEO.
Still profitable for whom? For those who can make bot's farm to make orders on the first? Or have enough knowledge to hack timer on others? What about so stupid traders that bought on the these pumps? Can they say that all IEO's are profitable? I think it's a good exchange idea to make some hype about it and nothing more. Projects are fuel for this hype. And it's sad
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rdewilde
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May 06, 2019, 06:34:21 PM |
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IEOs are not meant to be bad, rather they are meant to reduce scam while helping upcoming projects raise funds. But on the other hand, they way it is going, your last sentence is what it looks like; that is, nowadays investors only concentrate on the exchange and it's ability to give them reasonable return while forgetting what the project is all about or if the team is capable.
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Baimovic
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May 06, 2019, 07:01:35 PM |
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Not all IEOs are bad, you just need to make sure to do research and don't go invest in IEOs on shady exchanges. I think if you go with Binance IEOs you're on the safe side. yes,although there are some bad IEOs, there are also some good IEOs so we can't say if the IEO is bad. and currently the IEO that many people avoid is Yobit.
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FlamingFingers
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May 06, 2019, 07:04:38 PM |
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With all y the recent activities going on with all the previous IEO after listing on an exchange, I can say in my own opinion that IEO is pretty bad, I'm talking from experience I know some IEO that had dumped because I trust the platform that they were launched on
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irixo10
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May 06, 2019, 07:10:42 PM |
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Taking a good look at IEOs nowadays I tend to agree with you. Because all that matters now is the anticipated profit and not in the potential of the project anymore. On the hand, to answer your question; IEOs are not bad at least I don't think there have been any news of investors getting scammed. In my own opinion, IEOs will do well on the long run if they are properly managed.
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Kang Bahar
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May 06, 2019, 08:26:47 PM |
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IMO, IEO isn't bad. IEO makes the related exchange as escrow, which guarantees all investor money. However, the IEO will have an adverse effect if misused, which will be detrimental to the investor and the exchange that provides the IEO feature (this causes a decrease in the exchange's electability).
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