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Author Topic: Some IEOs could also turn out to be scam  (Read 13096 times)
Youghoor
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October 08, 2019, 11:27:54 AM
 #281

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.

Is it that you just realised that? Well, IEO is just the rebranded verious of ICO. It is ICO 2.0 with all the features of it.  Investors just needs to be careful whenever they decide to invest in any IEO. They should make sure they do some research about the project and its realistic nature in terms of its aims and missions.  With this knowledge, you will know whether the IEO project is a scam or not.
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October 08, 2019, 12:01:23 PM
 #282

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.

New exchangers who organize IEO are usually to attract new customers. Exchangers are supposed to screen projects that will be promoted because they involve reputations. Small exchanger IEO is less attractive to investors, maybe because the liquidity is not large so the price cannot be raised when first listing
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October 09, 2019, 01:37:19 PM
 #283

It is necessary to bypass IEO on new exchanges for the simple reason that sales on these exchanges can easily fail, and even if everything goes well, the price of coins drops immediately after listing.
That is, it doesn’t matter whether it is scam or not, all of you will run into the risk that the project will fail. Do not take risks, it is better to try on large exchanges in impossible conditions than on new ones where everything is simple.

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October 09, 2019, 07:56:04 PM
 #284

Using this IEO market people who owns the exchange making it as money on listing the scam and unworthy project tokens on their IEO platform. They need to think and list the good projects alone without money expectation.
Unless the people already supports the good ICO no will stop the scam projects.
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October 09, 2019, 11:08:12 PM
 #285

Looking for scam? 90 percent of the market will not deceive. Everything goes with money. There are systems that work, but they don't. Everything is still under trial. We are willing to be deceived by entering this market.
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October 09, 2019, 11:16:32 PM
 #286

Almost IEO not scam but lower price than how IEO price for first time sell to investor with IEO time, almost IEO drop half of IEO price time and can't back up to higher than IEO price, many investor just take a while moment with IEO after listing and sell never holding for long time and never keep it for investment assets at the future.
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October 09, 2019, 11:19:53 PM
 #287

Unintentionally probably.
New exchangers who organize IEO are usually to attract new customers. Exchangers are supposed to screen projects that will be promoted because they involve reputations. Small exchanger IEO is less attractive to investors, maybe because the liquidity is not large so the price cannot be raised when first listing
Reputed exchanges screens the project but I don't know if the lowkey exchanges do this. Might be yes or no, yes in a way that they also want to build trust from the people, might be no because as long as they have a client, they'll dive into it.

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October 09, 2019, 11:55:12 PM
 #288

during the days of ICO, some investment platforms hyped scandalous projects not knowing. gradually, the days of IEOs are dying down, There are projects that had their IEO on big exchanges that are has negative ROI currently. it is all about hype. the crypto business is gradually turning into a mirage.  the more you look, the less you see. investors keep investing and dumping off old projects immediately a new project is on the block.
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October 10, 2019, 02:01:19 AM
 #289

IEO is now available popular but don't expect everyone IEO will make your profits so i don't recommend accept for everyone IEO. I will support a project IEO which project going to be adding is that highly volume exchange. Infact during this time some over smart people tell us IEO more profits but not every IEO will give you profits.
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October 10, 2019, 03:07:45 AM
 #290

What distinguishes IEO from ICO is the certainty that the coin or token will be listed on the exchange conducted IEO, which means investors can immediately sell their assets on the exchange.

Regarding the scam when the price of the coin or token IEO continues fall then there are also those who say scam, so anything that is not in line with investor expectations often used as a scam indicator.

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October 10, 2019, 03:49:41 AM
 #291

Of course, not all IEOs can be trusted because some may turn out to be scam whereas some may end up unsuccessful due to poor team management, poor product, no use case etc. It is therefore necessary to check the reputation of the exchange platform, run some checks on the project itself to identify its originality and potentials of becoming success before joining the IEO.

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October 10, 2019, 04:01:22 AM
 #292

Of course, not all IEOs can be trusted because some may turn out to be scam whereas some may end up unsuccessful due to poor team management, poor product, no use case etc. It is therefore necessary to check the reputation of the exchange platform, run some checks on the project itself to identify its originality and potentials of becoming success before joining the IEO.
In short it will end to do your good research before joining or investing with IEO's. Project that only been judged by hypes and not for the usable contributions around the industry will suffer failures in the long run. People who loves investing with initial offerings needs assess and analyze the
full potentials of any projects that being offered. Developers with good back up supports from known business and community have the advantage
to continue improving the project that they've created. Be careful in placing your money.

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October 10, 2019, 05:01:44 AM
 #293

Of course, raising funds in IEO mode reduces the risk for investors, but it does not guarantee that these projects will also not be fraudulent or will not be successful in the future and will leave the market. This is still the same ICO project, only fundraising is carried out through the exchange and it does its verification of the project's prospects. The reliability of the IEO project increases if the exchange is well-known and with a large trading volume. Many teams conduct an ICO first, and then fundraising continues in the form of IEO. However, both of these forms will not be completely successful if the bear market continues for altcoins.
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October 10, 2019, 06:56:14 AM
 #294

Of course, raising funds in IEO mode reduces the risk for investors, but it does not guarantee that these projects will also not be fraudulent or will not be successful in the future and will leave the market. This is still the same ICO project, only fundraising is carried out through the exchange and it does its verification of the project's prospects. The reliability of the IEO project increases if the exchange is well-known and with a large trading volume. Many teams conduct an ICO first, and then fundraising continues in the form of IEO. However, both of these forms will not be completely successful if the bear market continues for altcoins.
Even there is a bear market, the projects whether it is ICO or IEO can still push through and become successful if their project is really good and useful. Some of the IEOs and ICOs turned out to be a scam because the team didn't do their work anymore to make a progress and they just abandon the project like nothing happen. It is important for an investor to look for projects that has a very productive team and really dedicated to their project to make sure that his investments will not go to zero.

 
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October 10, 2019, 07:45:50 AM
Last edit: October 10, 2019, 10:40:12 AM by nomenclatur
 #295

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 organized in small exchanges is very risky because little exchange does not filter out real projects or they just want to earn money and profits do not think about the fate of investors who spend a lot of money to buy tokens fraud. Investors are now getting smarter they prefer to invest in large exchange binance and okex.


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October 10, 2019, 08:42:20 AM
 #296

Regarding the scam when the price of the coin or token IEO continues fall then there are also those who say scam, so anything that is not in line with investor expectations often used as a scam indicator.
yes, we cannot guarantee that a project will not be scammed if they do IEO. in fact, they could be a scam after IEO ends. in this investment, we really need to see the concept of a project. in addition, conducting other studies so that the project will certainly run is important. some IEO projects that I support don't even list in the market where IEO is. however, I think it's better than IEO. Well, it can be said that IEO's chance of success is greater than ICO's.

several other projects also only registered their tokens in IEO and did not make any progress after that.

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October 10, 2019, 09:16:08 AM
 #297

nothing that wont be done or change when we can always profer solution to any problem and it will all start from vulnerable thing and there goes the problem and solution which gave the same ideology to some exchange that has no integrity to conduct ieo and definitely the funds will end in scam so it will be advisable to conduct or buy ieo token from top exchanges in other to be save from scam.
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October 10, 2019, 10:53:32 AM
 #298

There is always such a possibility. I like IEO's and trust them more than ICO's, but only if IEO is conducted on trusted exchange, for example Binance. But even then you can be scammed, as no one can guarantee you that this or that project isn't a scam. Everything can happen, even on a major exchange.
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October 10, 2019, 12:13:29 PM
 #299

There is always such a possibility. I like IEO's and trust them more than ICO's, but only if IEO is conducted on trusted exchange, for example Binance. But even then you can be scammed, as no one can guarantee you that this or that project isn't a scam. Everything can happen, even on a major exchange.

I don't think Binance will conduct a scam IEO ever. Look at their every IEO projects, all have unique technology with unique product idea! BitTorrent, Harmony, Matic, Elrond all are great invention of this year. After Binance, I would prefer to look at Gateio IEO projects. All are very successful and doing very good for the crypto industry. Though Perlin, Data protocol IEO wasn't enough success on Binance Launchpad yet those projects are great!

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October 10, 2019, 12:16:40 PM
 #300

There is always such a possibility. I like IEO's and trust them more than ICO's, but only if IEO is conducted on trusted exchange, for example Binance. But even then you can be scammed, as no one can guarantee you that this or that project isn't a scam. Everything can happen, even on a major exchange.

IEO can help from the investor's point of view but what about technical development of project? I don't think conducting IEO from Binance will help projects will technical aspects too. So it is not always possible that IEO will success, they do have more success percentage than ICO but they are also not full-proof.

 
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