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Author Topic: Some IEOs could also turn out to be scam  (Read 13140 times)
Caishen_Project
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July 31, 2019, 11:56:04 AM
 #241

U are actually right, I always advice people that the best IEO to participate or invest in after alot of research about the project, team and technology behind the project, it's should be IEO hosted by top 5 exchanges in crypto so as to avoid been scam by all these new exchanges that are after profits alone

john alex young
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August 12, 2019, 08:15:58 AM
 #242

Isn't IEO better than ICO?
Lately, more IEO projects are more in demand than ICO... For me, the emergence of the IEO with many advantages, now I am more interested in the IEO.
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August 12, 2019, 08:19:30 AM
 #243

As an investor, i cannot participate in IEO conducted by small and new exchanges. The main reason why IEOs are preferred to ICOs is because they are more prone to scam than ICOs, and this is because the exchange validates its legality with their reputation. Imagine Binance or any top exchange conducting a scam project, it will jeopardize their integrity, and these exchanges do not want their integrity in question, so they only offer legit and promising projects IEO. New exchanges do not have the reputation to validate a project, they are just after the profit, SO they might promote a scam project either intentionally or unintentionally.

IEO is another type of ICO which is only a tool for speculation
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September 18, 2019, 01:32:28 PM
 #244

No doubt you are right. I recently participated in a W12 project that conducted IEO on the CoinBene platform. And in the end, the price dropped to the bottom. Think about where to invest.
I really hope that you did not invest all of your money in W12. this is a good project but it took place at the wrong time. I think w12 will return to their ath and higher.

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September 18, 2019, 01:46:59 PM
 #245

as use with coverage of customs on offers as developer to work on entrance with field of exchange on business with the ico scheme of release with initial offers of reference for investors and more on wider profile of public audience that the ieo on running with the exchange service to deliver of chance on investors to keep as focusing on works with the scene as extending of customs with personal reference of use with technical assessment on tasks with scheme of commitments as
the use might deliver with use as details on investors to collects of more on details with notables of queries on initials as preparing use with supports on attaining with new terms of plan with the alttoken on offers with the exchange.


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September 18, 2019, 02:07:49 PM
 #246

Nothing is definitely safe. But nonetheless, the percentage of IEO projects is still less deceptive than ICO projects, to learn good projects and investments is a process.

DonFacundo
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September 18, 2019, 02:08:40 PM
 #247

of course IEO could also turn scam especially if they are in new exchanges because they can easily listed. Not all IEOs are successful so do your own research before to invest if you don't like to waste your money.

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September 18, 2019, 02:13:29 PM
 #248

As an investor, i cannot participate in IEO conducted by small and new exchanges. The main reason why IEOs are preferred to ICOs is because they are more prone to scam than ICOs, and this is because the exchange validates its legality with their reputation. Imagine Binance or any top exchange conducting a scam project, it will jeopardize their integrity, and these exchanges do not want their integrity in question, so they only offer legit and promising projects IEO. New exchanges do not have the reputation to validate a project, they are just after the profit, SO they might promote a scam project either intentionally or unintentionally.
ieo lose their relevance already, look at the latest IEO balance, they give no higher than x1, I think it is not necessary to rely heavily on the fact that with ieo you can earn good money.

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September 18, 2019, 02:51:19 PM
 #249

As an investor, i cannot participate in IEO conducted by small and new exchanges. The main reason why IEOs are preferred to ICOs is because they are more prone to scam than ICOs, and this is because the exchange validates its legality with their reputation. Imagine Binance or any top exchange conducting a scam project, it will jeopardize their integrity, and these exchanges do not want their integrity in question, so they only offer legit and promising projects IEO. New exchanges do not have the reputation to validate a project, they are just after the profit, SO they might promote a scam project either intentionally or unintentionally.

You are right to an extent though but I tend to see it from different angles; what the exchange which is promoting the IEO does is to verify the team but what happens afterwards isn't in their control thus not deciding if the project will do well on the long run. On the other hand, in order to be careful of not participating in a scam IEO it's better done on prominent exchanges which will try their best to ensure their integrity isn't questioned; and so far, IEOs on major exchanges have proven to be a success.

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kramchers
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September 18, 2019, 03:22:04 PM
 #250

How can you trust a new exchange that will do an IEO?
Investors are very smart now as what happened to ICO before, they will always go to better and big exchanges if they will invest money to a project.
This IEO will make rich a richer one.
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September 18, 2019, 03:40:57 PM
 #251

There are many of such projects that are being run on some exchanges like latoken and its similar sister sites. These day, no due diligence is done again when IEOs started. What exchanges are best at is that they charge huge  and conduct the ieo as far as they pay the said amount to them. This shouldn't have been the case because some projects that scammed its members during the ICO time are coming back to pay to conduct IEOs to get the IEO season's money.

kram31
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September 18, 2019, 03:45:45 PM
 #252

Every public sales of any crypto project can be a scam.
Even a project go for an IEO list on an exchange called BINANCE or OKEX it can turn out to be a scam.
Everything is possible as long as we dont see the project successful and listed on a great exchange doing trades.
Dread Pirate Roberts
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September 18, 2019, 04:23:42 PM
 #253

there are so many coins that end up scamming and not giving much profit or just giving a big loss. and there are also many factors that influence it, such as if you participate in the wrong time or are late in investing or indeed the project really fails. If we do not know what project is better not to just spend money on unknown projects. it's more like wasting money.
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October 07, 2019, 07:55:08 AM
 #254

IEO so far only helps campaigns to quickly raise our funds.Some IEOs will turn into a scam not all.it can turn into a scam of cryptocurrency.but safest way is to choose a large and good exchanges.Everything can happen in investment.so its better to always investigate any IEO project before investing .
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October 07, 2019, 08:21:32 AM
 #255

I would not trust any project that is live at the moment, and those that are listed on exchanges are not better. Just remember token sales that were held on Probit, Latoken, Exmarkets, some of them just disappeared after collecting funds.

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October 07, 2019, 01:00:20 PM
 #256

I would not trust any project that is live at the moment, and those that are listed on exchanges are not better. Just remember token sales that were held on Probit, Latoken, Exmarkets, some of them just disappeared after collecting funds.
These are the exchanges with the highest number of IEO projects in this market and more than 95% of the projects do not have a clear development and investors will never invest if it is a bad project. Most of these coins have no investors and the value is always lower than IEO so if you choose to invest it will be very risky for you. Currently, you should only trust good exchanges such as Okex, Huobi because these are two exchanges with many good IEO projects and will help you avoid more risks in investment.

In addition, you can also consider buying for twice the price if it is a good project and interested in the community.
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October 07, 2019, 02:24:48 PM
 #257

Yes it could be. You can trust anything in this space. Normally ieos are in big exchanges is very rare chance to be scams. But in mid and small exchange which ieos are offered can be scammed.

 
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October 07, 2019, 02:56:35 PM
 #258

Yes it could be. You can trust anything in this space. Normally ieos are in big exchanges is very rare chance to be scams. But in mid and small exchange which ieos are offered can be scammed.

Is the ticket system IEO in big exchange can qualified as an IEO ? Since the one who get the coins is the one who has lot of balance and lot of luck.
I think the exclusivity of the coin make the price going high
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October 07, 2019, 07:02:02 PM
 #259

I don't think that IEO projects may be fraudulent or scam, scam projects always go into ICO, you can not run IEO with KYC.

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October 07, 2019, 08:33:10 PM
 #260

I don't think that IEO projects may be fraudulent or scam, scam projects always go into ICO, you can not run IEO with KYC.


I think you might need to look into IEOs from some small exchanges even in this year, asides not making softcap they went away with the fund raised, exchange involved had refused to respond.The big exchanges IEOs review showed a bad ROI for the year except for those dumped immediately after listing. The advantage of getting an exchange list had deceived many investors.
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