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Author Topic: Exchanges to be careful about IEO listing.  (Read 1531 times)
bgaf
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July 18, 2019, 04:39:05 AM
 #141

I agree to that, since IEO established many profits are gained by participants, the only problem Im seeing is the lack of substantial stability on how to preserve the price of the tokens but that is okay since we should always remember how volatile this market is. Just make sure to pick a good project with a realistic approach.
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July 18, 2019, 05:26:06 AM
 #142

yeah im wonder, why all ieo from binance is always survive i mean give profit minimal x3 from IEO price.
atleast ERD make x38 roi, that was crazy when some coin just list on exchange and get pump so high like a bull run.
I wonder if binance has a role in this pump, or is it purely from demand and supply.
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July 18, 2019, 10:36:26 AM
 #143

It's very important for every exchanges to be certain on every IEO listings, because not all coins who belong to that can be legit. Some may create hype and possible to trap more investors to loss their investments.

It all boils down to how much you trust the exchange,,, which is the main issue that people continually trust exchanges when they should not. It matters not if it is Yobit or Binance, just because an exchange says this ICO/IEO is good, does not mean you have to buy into it. Never buy a IEO that you heard of or because tokenomics looks great. Buy because you believe in the project and all the statistics like tokenomics and technology and team, around it are strong.

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July 18, 2019, 11:21:31 AM
 #144

IEO is good but not a guaranteed that all projects that conducted IEO are trusted. Most are scams that have already dupe people and decided to try an IEO in orther to make money. we all should be careful from exchanges that conduct IEOs on regular basis with out proper verification. most exchanges has over 5 to 10 IEOs on going. it is sign that projects weren't reviewed properly.
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July 18, 2019, 11:37:58 AM
 #145

It's very important for every exchanges to be certain on every IEO listings, because not all coins who belong to that can be legit. Some may create hype and possible to trap more investors to loss their investments.
well, I also considered that, while IEOs are now popular and many are joining them, which is worried about their exchanges, because it could happen on their exchanges when investors already believe and could endanger the IEO investors who invest with them.
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July 18, 2019, 01:24:04 PM
 #146

Unfortunately, I believe that nothing much has changed in terms of the use of ICO or IEO by scammers. By itself, IEO certainly gives more likelihood that the project will succeed, but it does not guarantee 100% that there will be no scam or deception. Recently, there was information that the exchanges themselves where IEO was conducted were noticed in fraud. All this makes us understand that the ideal form for raising funds is either ICO or IEO and there can be problems everywhere.
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July 18, 2019, 01:25:20 PM
 #147

Currently IEO's are becoming pupular and providing a more reliable option for new projects than ICO's. Previously a lot of new projects started by raising funds via their ICO sites and because of unregulated nature of this avenue, a lot of scammers used the medium to swindle a lot of victims.

Now the story has changed as it only serious projects that would want to go through IEO's, we no longer would hold only the project body responsible for any IEO scam but the exchange, so any exchange that values its reputation and users should do a proper scrutiny about any project before accepting their IEO sales. For instance if an exchange fails multiple times with their IEO, it will drive attention away from them, that is why Binance still draws a lot of attentions because it has recorded more successful and profitable IEO's.

a few exchanges have probably made it their life's work to rush from one IEO to the next. or even better, to offer X IEOs directly at the same time.
for me it sounds as if here again only on quantity is set instead of on quality. Sad
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July 18, 2019, 01:31:56 PM
 #148

Currently IEO's are becoming pupular and providing a more reliable option for new projects than ICO's. Previously a lot of new projects started by raising funds via their ICO sites and because of unregulated nature of this avenue, a lot of scammers used the medium to swindle a lot of victims.

Now the story has changed as it only serious projects that would want to go through IEO's, we no longer would hold only the project body responsible for any IEO scam but the exchange, so any exchange that values its reputation and users should do a proper scrutiny about any project before accepting their IEO sales. For instance if an exchange fails multiple times with their IEO, it will drive attention away from them, that is why Binance still draws a lot of attentions because it has recorded more successful and profitable IEO's.

You are absolutely correct. Totally agree with you mate. People shocked when some popular IEO scam by some shit exchange. Right now of course people believe on IEO than ICO. And of course people should check the exchange before they invest. Other wise it'll too much pain full if scammers get your money.
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July 18, 2019, 01:38:35 PM
 #149



You can expect those big exchanges to be careful when it comes to listing because they are going to protect their reputation. Its those new exchanges that you should be worrying when it comes to listing IEO, the scam teams are willing to pay thousands just to get their projects listed doing IEO to make them look like a real project. It could either appear like the exchange were scammed or they are part of the scam.

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July 21, 2019, 04:50:18 AM
 #150

Is it just good binance ...?
how about the IEO from Ethereum aren't they also good at developing the development process in each of their projects. in fact, ICO or the IEO will run well if the team really and sincerely runs and develops the project they are developing. so that the project can be completed and reach the sales they are targeting.

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July 21, 2019, 05:35:03 AM
 #151

I think this IEO of a thing is making it easy for token to come out unlike before that we had a little ICO out here due to lots of scam coming from it , but the generation of ieo has made the market story change with respect to it getting listen after the ieo and for save funds regarding the investment.
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July 21, 2019, 06:11:22 AM
 #152

The exchange should be careful in administrating projects, now that the majority of the population has put a lot of trust in IEOs rather than ICOs. IEOs can eliminate scam and dubious projects from raising funds via cryptocurrency exchange platforms, and it becomes much harder to scam contributors with IEOs. However, if by any chance the exchange has administered a project that turned out to be a scam, not only would it affect the investors, but it would put the exchange's reputation at risk. Normally people would lose their trust, spread the news of the unfortunate event and would drive people away from using the so called exchange through word of mouth.

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July 21, 2019, 07:22:48 AM
 #153

If Exchange is good the chances of loss is very low
Although this way of fundraising sounds tempting and more secure than an ICO, there are still some questions you should ask yourself before putting your money in an IEO.
.Have you done in-depth research about the project?
.Which exchanges will participate in an IEO?
.Do you understand the KYC requirements of exchange?
.What are the available crypto payment options?
.Are you from a restricted country?
 
I have applied all this point and Found a IEO which is Suitable for these points that is Moozicore.
They have launched their App and the good thing is that We can use this App in 2 ways. Fiat or the token for payment, since logically the world isn't that far to use crypto as payment, I think still 99% will use fiat. So even that side is bound to the project but it gives customers the option to join crypto and buy MZGtoken on exchanges from selling people.

The price from the token in app is at least 0.05$ at minimum. Means if its on an exchange at 0.03$ people who buy and send it to the app can save money with it.

So 0.05$ is the ground floor for 1 token. If the price is higher, you can of course more when u send it.

The token is bound to the business. Since when the app is used, supply decreases.
[If you send the token to the app. The token is burned
If people use the fiat way, 10% of thosefiat will be send to the exchange and buy back from investors and burn those token away.The key on this.
Every signed venue on launch matters,since a new venue brings new customers forever and reflects actually on the price of MZG token unlike the common crypto projects where nothing happens to the token price.Everyone who uses the app, improves theprice automatically.
https://tokensale.moozicore.com
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July 21, 2019, 08:07:56 AM
 #154

Exchangers should be careful with IEO. don't let them get the wrong way to look for the project they will launch in their exchanger because this will determine their exchange name will be better or worse.
I think the exchange already has its own rules and requirements for the launchpad project on their platform. if they are careless about choosing a project scam, then it will affect the viewpoint of investors and traders in their exchange.
Some exchanges are made just to make some IEO or just making instant money and they don't care about their reputation, but when it comes to big exchanges which already has a really big name they sure have to review any IEO applications, that's why a big exchange like binance only have once in a month.

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July 21, 2019, 08:25:34 AM
 #155

Scammers are still using IEO to raise fund and some exchanges careless about their reputation and they are unapologetic about that. Bluenote is a project that was conducted on dobitrate exchange, and dobitrate is notorious for a fake volume. So scammers still perverse IEO as such you are to to deal with extreme caution.   

I couldn't agree more. The idea that an IEO is reputable by default is a fallacy. There are so many dodgy exchanges with fake volume and scam accusations that are now cashing in on the IEO market, more or less directly partnering with scammy projects that plan to make "easier" money grabs. Don't believe the hype.

Soon enough, the IEO market in 2019 will be as unreliable as the ICO market in 2018 for investors.
It is unfortunate to learn that some Exchange are partnering with scam project(s) to get listed. If there is a way to publicly mention and expose such Exchange (s), it will go a long way in avoiding them.
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July 21, 2019, 08:32:53 AM
 #156

Many projects which already done their ICO but still not on exchange additionally want raise funds on IEO.
I am think need to be careful from this movements

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July 21, 2019, 09:14:04 AM
 #157

This is oje of the advantages of IEO over ICO, at least the scrutiny should not only be about the individual investor but the exchange that lists the project, Currently I know that Binance does some background check and their are certain requirements to be be fulfilled before listing on their exchange. Even though this will not totally eradicate scam and fake projects but it will reduce it to the minimum compared to ICO's

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July 21, 2019, 10:03:12 AM
 #158

yeah im wonder, why all ieo from binance is always survive i mean give profit minimal x3 from IEO price.
atleast ERD make x38 roi, that was crazy when some coin just list on exchange and get pump so high like a bull run.
I wonder if binance has a role in this pump, or is it purely from demand and supply.

Really if this is true then everyone will be just maxing out Binance launchpad ieos. I don't think it's true. Many people manipulate the profit margins of IEO/ICO coins by showing the ICO price to be so cheap, but this is only after applying the maximum bonus amounts like from private sales. Average ICO investors pay a lot more than what statistics show as ICO price.

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July 21, 2019, 10:26:54 AM
 #159

Currently IEO's are becoming pupular and providing a more reliable option for new projects than ICO's. Previously a lot of new projects started by raising funds via their ICO sites and because of unregulated nature of this avenue, a lot of scammers used the medium to swindle a lot of victims.

Now the story has changed as it only serious projects that would want to go through IEO's, we no longer would hold only the project body responsible for any IEO scam but the exchange, so any exchange that values its reputation and users should do a proper scrutiny about any project before accepting their IEO sales. For instance if an exchange fails multiple times with their IEO, it will drive attention away from them, that is why Binance still draws a lot of attentions because it has recorded more successful and profitable IEO's.
it seems that all IEOs are not entirely safe if you want to invest in the IEO, it is better to keep money management or follow the IEO in a large exchange and have a good reputation, or exchange that occupies 1-40 in cmc.  every scammer would want to take advantage of some small exchange or that has a small volume
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July 21, 2019, 11:13:23 AM
 #160

This is why we as investors should never allow FOMO or greed to cloud our judgement, when you do not trust an exchange, never participate in any IEO on it, infact never invest in an IEO if it's not hosted on one of the top trusted and established exchanges, they have a reputation to uphold and would always be fair.

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