Are investors realizing that IEO is a silent scam?

[Altcoinrusher]

IEO's even promoted by a well known exchange don't guarantee  the success of a particular project and even reputable exchanges could wash their hands if the project's IEO could turn out to be a scam. I've never seen an IEO that guarantees the integrity of a project and we should all be aware of this situation.

[JuanPaulo]

It has been going three days Bittrex has launched IEO for "ocean" coin. But seems still now 17% remain of IEO token. Last IEO was closed within few seconds. Wondering why still not sold out current IEO on Bittrex. Are investors realizing that IEO is silent scam? Because on last IEO on Bittrex lots of investor's got REKT. Perhaps that's why investors worried about their funds.

What do you think? There is any other reason?

In the past, many people suffered losses when investing on this exchange in the IEO VBK, which is why the latest Bittrex IEO was not able to collect the maximum amount of investment.
We can assume that the IEO on this exchange is over - they will no longer be able to find investors.

[installer]

I do not agree with you and think that IEO fundraising method is not a scam in general. I was always very suspicious about IEOs that took place on Bittrex and it is disappointing me. Such a big exchange completely failed almost all IEOs. They should take example from other great exchanges.

[dawai asmara]

I do not agree with you and think that IEO fundraising method is not a scam in general. I was always very suspicious about IEOs that took place on Bittrex and it is disappointing me. Such a big exchange completely failed almost all IEOs. They should take example from other great exchanges.

but the IEO from Binance works so well that everything depends on management.
so we still have to be very careful even though the IEO is safer than ICO.

[TWW]

but the IEO from Binance works so well that everything depends on management.
so we still have to be very careful even though the IEO is safer than ICO.

binance is safer, because they do strict rules for every project that does an IEO in their exchange. some projects that are not able to penetrate their binance will choose other exchanges that are easier, it will make a bad potential that can occur.

[sukoyomi]

IEO's even promoted by a well known exchange don't guarantee  the success of a particular project and even reputable exchanges could wash their hands if the project's IEO could turn out to be a scam. I've never seen an IEO that guarantees the integrity of a project and we should all be aware of this situation.

You're right, however the exchange is only a third party, investors come to invest or not depending on how the investor views the project. Even though IEO is well-known at the moment, not all projects will be successful when they start it.

[ausbit]

Maybe the reason the IEO hasn't been sold out is because people are just so picky nowadays on projects they want to invest in. Bittrex also requires a Know Your Customer process before you can purchase in these IEOs.

I am agree, but for KYC, i think exchanger like binance require KYC too. Investor must be picky because mostly IEO price after few days listed in market, the price drop and back to IEO price. But i dont think IEO is a silent scam because we can called scam if not listed in exchanger

They have KYCs for such transactions in Binance since they are situated in China. The laws are strictly cannot be overlooked or it can mean their downfall. Some IEOs are silent scam and few others are not. Let us just observe for now since these IEOs are new.

Binance in china, I think you are mixing it up with HUOBI, I am not even sure if HUOBI is fully in china, but I know they are Asian exchange, but for BINANCE, they moved there based already to MALTA and that is where they are operating from which I never think they were ever in china.

Whatever Binance is doing is not even for the sake of law alone, but because they have integritywhich they have applied to all their projects. If it was based on law, they could take advantage of the anonymity of blockchain to remain underground without people knowing them, but you can see that their CEO believes in himself and the power of his project, that is why he could show his face confidently to the world.

[freedomgo]

IEO's even promoted by a well known exchange don't guarantee  the success of a particular project and even reputable exchanges could wash their hands if the project's IEO could turn out to be a scam. I've never seen an IEO that guarantees the integrity of a project and we should all be aware of this situation.

You're right, however the exchange is only a third party, investors come to invest or not depending on how the investor views the project. Even though IEO is well-known at the moment, not all projects will be successful when they start it.

That's true, otherwise, we will just invest in IEO and makes easy money.
Most project that are in crowdsale are start ups, therefore it needs time to be develop and only when it has real use case where people begin appreciating it. At the early stage, it's just all speculation, some hype and FUD happens, so long term investors should be aware of that.

[Christinebeauty]

In crypto, scammers take advantage of any new development to steal people's money. IEOs can also serve as an entry point for scam, it doesn't matter the token sale is taking place on an exchange. if the team is not strong enough, the project can still die off

[SirLancelot]

People are beginning to understand how IEO works and the excitement is on the decrease. Just like the inception of ICO's where so many projects sold out in seconds, but now many can't reach their soft cap. That's what is simply happening. When the trend is at its peak we get faster sales, but it subsides with time.

Launch of newly modified projects might be the reason of becoming subsided with time. Just like it happened to ICOs when the newly launch projects that is IEO started its flying on exchange. This project has covered up the drawbacks of ICOs in which the major one is the counterparty actions. The counterparty in case of IEOs is the exchange on which these projects are launched especially the Binance.

[hawkins]

Some companies that conduct IEO cannot reach 100% of the sale of their tokens, everything of course depends from the exchange itself, how popular it is and of course much depends from the company itself, not all investors will want to buy tokens of a company whose ideas and plans are unrealizable.

basically ICO and IEO can be used as a place for scammers. but, we know that by seeking information first, it can be avoided. however, currently the IEO is still better than ICO for several reasons. although there are some opinions that people can be cheated from the IEO.

[joseyphil82]

I haven't seen any scam IEO  yet and the only way investors can lose there funds to IEO scam is investing in IEO from new exchanges this is the difference between ICO and IEO and IEO is just safer

[Lonthe]

I haven't seen any scam IEO  yet and the only way investors can lose there funds to IEO scam is investing in IEO from new exchanges

Still early, of course, we cannot find a scam IEO, but if there are hundreds of IEOs, there will be many scams, the most important thing is to always be vigilant and selective in choosing the IEO.

[Thermytee]

We need to understand that most who buy on IEO are those who buy on ICO. It's just that it gives opportunity to the trip on those exchanges to get involved and invest. I know this IEO hype will not favour all projects. Some projects already have their own investors waiting to come in. It's dangerous for projects that rely only on the exchange for all their salew and marketing. Soon IEO shall pass. Not all projects and exchange will survive

[Nuxxorcoin]

It's a ridiculous thought. I don't understand how people are so sure of themselves. What makes IEOs think it's scam? If you can explain that with evidence, I can listen to you.

[cryptothreads]

I haven't seen any scam IEO  yet and the only way investors can lose there funds to IEO scam is investing in IEO from new exchanges

Still early, of course, we cannot find a scam IEO, but if there are hundreds of IEOs, there will be many scams, the most important thing is to always be vigilant and selective in choosing the IEO.

It is necessary to select good IEO projects because every day thousands of ICO projects want to be listed in large exchanges and that makes top exchanges always have very good management and only choose the best quality projects. I think if you want to invest in the IEO, you should only choose 3 exchanges Okex, Binance, Huobi because these are the top 3 exchanges with a lot of investors' trust and will bring you great profit if You may be the luckiest person. Of course there will still be risks when investing in IEO because this is the first stage and if it enters the final stage, there will certainly be a huge loss.

[Omegasun]

It feels like people don't learn from their mistakes. Or forgot how popular ICO was in 2017 and how it is treated now. With IEO it will be the same with time.

It's sad to think that exchanges will be a way for scam projects, exchanges should evaluate more the project before even listing it. It will affect their reputation, we should at least learn by choosing what exchange to trust.

[guoyu78]

I haven't seen any scam IEO  yet and the only way investors can lose there funds to IEO scam is investing in IEO from new exchanges this is the difference between ICO and IEO and IEO is just safer

I have not seeing any neither, this investment of a thing we are saying is a matter of availability of liquid cash, how many investors do we have in the crypto market that they will keep investing all their life and don’t have a limit, they all have a limit.

The reason why Binance IEO gets finished easily is because they already have a very strong community and for the fact that it was their first time of doing so, there will be a time when Binance too will be faced with this challenge, because the community they rely on to fill the space would have exhausted their investment lime and they have to wait for new investors before they can get more investment space filled up.

[10c]

It feels like people don't learn from their mistakes. Or forgot how popular ICO was in 2017 and how it is treated now. With IEO it will be the same with time.

It's sad to think that exchanges will be a way for scam projects, exchanges should evaluate more the project before even listing it. It will affect their reputation, we should at least learn by choosing what exchange to trust.

I am sure that the big exchanges are doing so. before entering into an agreement with a new project, they study it very well.

[thaliaand]

It feels like people don't learn from their mistakes. Or forgot how popular ICO was in 2017 and how it is treated now. With IEO it will be the same with time.

It's sad to think that exchanges will be a way for scam projects, exchanges should evaluate more the project before even listing it. It will affect their reputation, we should at least learn by choosing what exchange to trust.

I am sure that the big exchanges are doing so. before entering into an agreement with a new project, they study it very well.

Yeah, I also think that a well-known exchange will do evaluation of the project that is going to hold the IEO. A big reputable exchange will have some strict requirements before accepted to do the event. But it is not a quarantee that the IEO will be succeed or the price will not be dumped after IEO. So I think it all back to our researches before making an investement.