Question to Bitcoiners: What do you think about IEO?

[yogeko]

AltCoins are raising money using IEO or Initial Exchange Offering. It started out good, but since we have 100s of exchanges and all of them have started launching IEOs, it's starting to get messy like ICOs. What do you guys think?

Personally, I am a big supporter of crowd-funding as a source of startup capital as long as its done responsibly. I invest on Start Engine and Republic and I see crappy project on those platforms too. I just wish the Exchanges will do some due diligence before launching an IEO.

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[mu_enrico]

Pretty much the same as ICOs. They sold empty products/promises with easier access to a pump and dump scheme. Do not get me wrong, I am not saying all of ICOs/IEOs are crap, but the majority of them are.

You should do your own research / due diligence before buying any of that stuff.

[etherclassic]

Pretty much the same as ICOs. They sold empty products/promises with easier access to a pump and dump scheme. Do not get me wrong, I am not saying all of ICOs/IEOs are crap, but the majority of them are.

You should do your own research / due diligence before buying any of that stuff.

I agree with your statement that do your own research/due diligence before buying, mostly people have been forgot it, they just gamble but the alternatives coins ICO/IEOs projects with don't know anything about the projects and then when they have got scamed they blamed ICO, IEOs and any other related with cryptocurrencies. That's not fair for all of community cryptocurrencies, should they learn more about the basic knowledge of investment before put the money in ICOs or IEOs than just blamed them and cryptocurrencies space because it is new innovations in the world to be more better.

[Ifemini]

I think bitcoiners cannot worry about ieos
Because icos has done more exploit than ieos and it’s not even in the same level yet

Bitcoin stands out universally; let’s respect thatb

[coinporch]

AltCoins are raising money using IEO or Initial Exchange Offering. It started out good, but since we have 100s of exchanges and all of them have started launching IEOs, it's starting to get messy like ICOs. What do you guys think?

Personally, I am a big supporter of crowd-funding as a source of startup capital as long as its done responsibly. I invest on Start Engine and Republic and I see crappy project on those platforms too. I just wish the Exchanges will do some due diligence before launching an IEO.

now a lot of exchange become a crowdfunding platform with their IEO
maybe the main advantages from IEO, is only the project will be tradeable soon when the IEO finish
about project development, its depends with their team too
so, for long term investments, choose the right project and do not follow the hype without knowing the project deeply

[talkbitcoin]

it has always been messy and it has nothing to do with the new exchanges getting on board. the problem is that this method of crowdfunding is pretty bad and none of the projects so far have used the funds they raised to deliver anything. they have all taken the money and gone away to do something else with their lives instead!

nowadays it is only about how you can gamble in the market so there is lots of ICOs and alternative forms of them like IEOs with a different name but the same thing at heart and everyone wants to get on board to take advantage. and that is why all these exchanges are starting their own IEO!

[VanDeinsberg12]

AltCoins are raising money using IEO or Initial Exchange Offering. It started out good, but since we have 100s of exchanges and all of them have started launching IEOs, it's starting to get messy like ICOs. What do you guys think?

Personally, I am a big supporter of crowd-funding as a source of startup capital as long as its done responsibly. I invest on Start Engine and Republic and I see crappy project on those platforms too. I just wish the Exchanges will do some due diligence before launching an IEO.

now a lot of exchange become a crowdfunding platform with their IEO
maybe the main advantages from IEO, is only the project will be tradeable soon when the IEO finish
about project development, its depends with their team too
so, for long term investments, choose the right project and do not follow the hype without knowing the project deeply

The only aspect that makes IEO a little bit different than ico caused by instant listing on exchange site but they are all the same and bitcoiners should not feel worry about that. IEO similar to the ICO and its system. Exchange just take the advantage because they can get the fees from ico that listed on their IEO.

[Red-Apple]

i don't have to be a "bitcoiner" to not like IEOs!

in fact the reasons why people stay away from these things is about the fact that they are scams and highly risky to invest into. when you are giving away your money to some people who are completely anonymous, have no history of any projects in cryptocurrencies and they don't guarantee any returns then you are throwing your money away. you might as well place a dice game, that is at least "fair"

[bisdak40]

I think bitcoiners cannot worry about ieos
Because icos has done more exploit than ieos and it’s not even in the same level yet

For the time being it;s not but time comes when ICOs and IEOs would be on the same level with regards to scamming investors if IEO would not be regulated. Failed ICOs are looking now to do IEOs so it's just the same only the platform/venue change but the money grab scheme continues.

[slashz9]

my opinion it will be new scheme for pump and dump but not for all project, but most of them.
since binance announce first IEO all exchange starting follow it, and i guess this will be new way to earn and lose.
so, be wise if you want buy coin from IEO not all of them will shine.

[beliomir]

Pretty much the same as ICOs. They sold empty products/promises with easier access to a pump and dump scheme. Do not get me wrong, I am not saying all of ICOs/IEOs are crap, but the majority of them are.

You should do your own research / due diligence before buying any of that stuff.

I agree with you completely. All these projects are launched for the sake of quick money and in order to attract a large number of users to the exchange.

[takngantuk]

AltCoins are raising money using IEO or Initial Exchange Offering. It started out good, but since we have 100s of exchanges and all of them have started launching IEOs, it's starting to get messy like ICOs. What do you guys think?

Personally, I am a big supporter of crowd-funding as a source of startup capital as long as its done responsibly. I invest on Start Engine and Republic and I see crappy project on those platforms too. I just wish the Exchanges will do some due diligence before launching an IEO.

now a lot of exchange become a crowdfunding platform with their IEO
maybe the main advantages from IEO, is only the project will be tradeable soon when the IEO finish
about project development, its depends with their team too
so, for long term investments, choose the right project and do not follow the hype without knowing the project deeply

yes you are right, the only advantage is that when the IEO is finished the coin will be immediately traded in the castle without waiting anymore. the rest is the same as ICO. development that will be a benchmark of whether the coin will last or not in the future. I am personally interested in IEO but even so I don't want to invest there. there are still many things I have to learn before investing in the IEO. I don't want to fail like last year, because I believed too much in the ICO.

[okan]

it was really bad for eth miners like me.
my cost is 200 dollar per eth. but eth is 160 dollar.
because of this ieo's, eth' s demand diminish. so value of eth dropped significantly.

[alexsandria]

I think bitcoiners cannot worry about ieos
Because icos has done more exploit than ieos and it’s not even in the same level yet

Bitcoin stands out universally; let’s respect thatb

I do consider your opinion valid, but considering the status of bitcoin, it was already been established, and comparing it to an IEO in the market which is just way right in the beginning of their career isn't appropriate or matched to bitcoin. Well, we can see whether a coin would be successful with their form of launching through these ICO process.

[rizkyhiw]

Maybe with increasing exchanges taking part in the IEO it is a big confusion for everyone or investors where most people are afraid of the previous ICO with fraud appearing everywhere, therefore choose clearer exchanges and what projects they develop might giving a little peace by seeing the first big exchange, I admit that this is a very good innovation to anticipate the shortcomings of ICO itself, let's support the really good ones because most projects aren't all bad or dangerous.

[terrific]

Same as ICO for real.
This will be a place of scammers again, we need real projects with real companies.
Like startups that are already existing that needs to be funded for their further business.

[sumangs]

I think IEO is sold on the exchange that supports the certain token. It is better since it brings publicity to users that uses that exchange, more sales than directly buying to the contract person. The hard thing here is, it is hard to convince some exchanges to support your token through IEO. So, the team should make a good connection between exchanges.

[taratorly]

AltCoins are raising money using IEO or Initial Exchange Offering. It started out good, but since we have 100s of exchanges and all of them have started launching IEOs, it's starting to get messy like ICOs. What do you guys think?

Personally, I am a big supporter of crowd-funding as a source of startup capital as long as its done responsibly. I invest on Start Engine and Republic and I see crappy project on those platforms too. I just wish the Exchanges will do some due diligence before launching an IEO.

This question became the famous question of the last months. IEO is now in our lives. Thanks to Binance, IEOs can now be experiencing the golden age. IEOs are same with ICOs guaranteed to be listed, I think.

[Adriano2010]

I think IEOs are a bit more safer than ICOs if join on trust exchange, but i can't guarantee that a profit will come or something will happen after they reach exchange, because if their is no demand for a coin the price can't grow.

[Babyrica0226]

AltCoins are raising money using IEO or Initial Exchange Offering. It started out good, but since we have 100s of exchanges and all of them have started launching IEOs, it's starting to get messy like ICOs. What do you guys think?

Personally, I am a big supporter of crowd-funding as a source of startup capital as long as its done responsibly. I invest on Start Engine and Republic and I see crappy project on those platforms too. I just wish the Exchanges will do some due diligence before launching an IEO.

I think in my point of view, IEO has no difference to ICO were in the end, it can be a tools for the scammer.
Although, for now its really trend and most of the community believed in it also. But if they find out the project is only under by the ico
they would feel doubt about it compared to IEO.