investors are looking for alternatives when their investment isn’t brought to the trading market fast enough and Initial Exchange Offerings are exactly what they are looking for at the moment.
Investors don’t need to ask ‘when exchange’ as the public sale is being conducted through an exchange already, the name itself is kind of suggestinve. Moreover, it helps to avoid a lot of negative pressure (FUD) and is perfect for maintaining the trust of the community and therefore the project!
Projects can host their private sale on their own accord. Through an IEO, the exchange takes care of the KYC procedures and the unlock of the tokens which in turn helps to save operational funds for the underlying project.
Received funds are available for withdrawal 24/7 and can be used to do extensive marketing and be injected towards business development. To be honest, those activities should be the main focus after all while the IEO-hosting exchange can take care of the rest.
IEO is on hype from which the project and the exchange can benefit from. Through cross-marketing promotion many doors open and the project as well as the exchange both grow in unison.
A good project also influence IEO market Like Moozicore and Elrond so many investors are investing in new IEO If project have storng IDEA and Background currently i have done a research on a Project that is moozicore .
WORLD’S FIRST MUSIC STREAMING SERVICE ON BLOCKCHAIN the idea is growing rapidly John McAfee is supporting this project.
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 isnt 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 token 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 those fiat will be send to the exchange and buy back from investors and burn those token away.
The key on this.
Every signed venue matters, since a new venue brings new customers forever So besides the common crypto projects where nothing happens to the price.
Everyone who uses the app, pushes the price automatically.
https://tokensale.moozicore.com
