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Author Topic: Your opinions on IEOs  (Read 1822 times)
MbakNarti
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August 23, 2019, 05:49:36 AM
 #101

IEO is a new trend on cryptocurrency right now, many people wanna join IEO to multiply their money. I am also the person who love to join IEO...
IEO is not bad at all, you need to use this chance to maximize the profit. I believe this trend won't stay longer...
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August 23, 2019, 07:08:56 AM
 #102

IEO will be the game changer in cryptocurrency.
We can't deny that one of the reason of bear market is because of many scammed ICO before and sell their BTC/ETH in the market.
If IEO will get the investors and sales alive again, i will give big impact again.
You're right, the IEO seems to be a new light of the market, especially for projects, it provides a safety and satisfaction between the two sides, both the project and the investor, the market was exciting and started to be interesting again when the IEO arrived. But opportunities can also be risky because I see many people who are becoming addicted and trusting the IEO, they always think the IEO will change and restore everything for them but they forget that no game is everlasting fun, there is always time for the game to end and leave ruins

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August 23, 2019, 08:13:38 AM
 #103

IEO will be the game changer in cryptocurrency.
We can't deny that one of the reason of bear market is because of many scammed ICO before and sell their BTC/ETH in the market.
If IEO will get the investors and sales alive again, i will give big impact again.
You're right, the IEO seems to be a new light of the market, especially for projects, it provides a safety and satisfaction between the two sides, both the project and the investor, the market was exciting and started to be interesting again when the IEO arrived. But opportunities can also be risky because I see many people who are becoming addicted and trusting the IEO, they always think the IEO will change and restore everything for them but they forget that no game is everlasting fun, there is always time for the game to end and leave ruins

At this time, IEO might be a good alternative, but not all IEOs held by exchangers are successful in sales. Only certain exchangers are able to achieve sales targets and this happens a lot in large exchangers. Small exchangers who run IEO still cannot get the trust from investors because maybe the projects being sold are not too popular
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August 24, 2019, 01:05:22 PM
 #104

IEO is not sustainable but it's one of the things that makes crypto great again. It could still have its  spark for another year but my worries are the first IEO altcoin that are listed and going to be forgotten so fast. People are in it for quick roi so if you are unlucky for buying a crap project when it gets listed then you are doomed. Those who got it on those lotteries are the real winners of these new scheme.
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August 24, 2019, 03:23:13 PM
 #105

IEOs ensure easy funds for projects if only done on big exchange. Some minor exchange holds multiple IEOs at the same time making projects not to earn enough funds for their projects. If exchange can hold one IEO at a time, funds will be raised for various projects. IEOs are better than ICOs.
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August 24, 2019, 03:33:50 PM
 #106

IEO is a good step forward for the startup industry. It is surely better than ICOs because you are dealing with a known exchange not the devs of the project, so even completing the KYC procedure is more secure with IEOs. Also, the token usually gets listed on the exchange after the IEO, which isn't necessarily the case for ICOs.
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August 24, 2019, 03:37:25 PM
 #107


I completely agree that before, when participating in ico companies, it was not necessary to provide passport data, but now for IEO you need to provide KYC everywhere.  But I have already been convinced and have repeatedly confirmed my words by the fact that the presence of KYC does not yet speak in favor of the prospects of a particular project.
It's not even to be followed but it's mandatory for any users to complete the 2nd tier verification to able to participate in IEO. But, again KYC doesn't have any relationship with the prospect of the ICO/IEO but that's to comply with the regulation regarding AML verification.

Almost all of the IEO platforms (exchange sites) have already applied that as mandatory. This can't be avoided.

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August 24, 2019, 03:45:37 PM
 #108

Recently, I've seen a lot of positive press regarding IEOs. After all, Binance is already successfully running them, giving ICO projects a chance to shine and many other exchanges are following suit.
My personal opinion is that IEOs should be discouraged. Firstly, it gives more and more power to these centralised exchanges, who are able to charge higher, more ridiculous listing fees for coins as well as extremely large payments to hold IEOs. Their vested interests in this way mean they are less likely to care about vetting projects that may be untrustworthy, leading to even more irresponsible behaviour.

People trust IEO now days because they tired of losing their money on investing ICO project. Anyone can create a fake project in ICO and they can loot people money easily. But It's tough to do that in IEO. It's true centralized exchanges are take their advantage for that. But in my personal opinion i want to invest on a good project and wanna profit from it. I don't wanna invest on a shit project which available in ICO. (Not all but most of them)


We don't want to end up in a situation where to trade any meaningful amount of crypto you have to send your name, address, ID, and bank account details to some exchange which can do whatever it likes with your data.

I can agree with that. KYC or AML is the worst thing in whole crypto industry. Even if someone want to participant a bounty project they also want KYC. Of course they want because of reduce scam participant but doesn't matter what is that given a personal information is not suitable in crypto industry.
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August 24, 2019, 04:19:13 PM
 #109

Their vested interests in this way mean they are less likely to care about vetting projects that may be untrustworthy, leading to even more irresponsible behaviour.
Name at least one project  that was conducted by the exchange Binance,which was unreliable? Personally, my opinion-for exchange Binance reputation is more important than the tolerance on the stock exchange of unverified and unreliable project.In General, my answer - the top exchange will be interested in conducting a good and proven IEO project.For small and medium exchange-IEO-a way to attract users to exchange,and additional earnings.



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August 24, 2019, 06:44:43 PM
 #110

ieo is better than ico because investor instantly sold there token/coin in high price.
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August 24, 2019, 06:57:41 PM
 #111

IEO is one of the good thing happen this 2019, it creates a hype on crypto community but unfortunately it feels like IEO is being misuse on the early stage like scam one of the exchange and it was not successful just like the ICO.

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August 24, 2019, 07:06:02 PM
 #112

In Perlin (binance ieo) we trust.  Grin
Btw, I heard there was a tokensale of perlin futures, i.e. someone was selling tokens before official ieo started. Some exchange. And I heard it went smoothly.
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August 24, 2019, 07:08:24 PM
 #113

IEOs are good if they come from Binance. Because there are a few exchanges launched this year to provide a market for the coins they believe in (or probably involved with).

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August 24, 2019, 07:36:43 PM
 #114

Recently, I've seen a lot of positive press regarding IEOs. After all, Binance is already successfully running them, giving ICO projects a chance to shine and many other exchanges are following suit.
My personal opinion is that IEOs should be discouraged. Firstly, it gives more and more power to these centralised exchanges, who are able to charge higher, more ridiculous listing fees for coins as well as extremely large payments to hold IEOs.

Business is about making profit. The world is a capitalist place and people do not mostly care about what affects others. Mind you, it was the failure and  scams common with ICO that gave rise to IEOs. Am not sure any exchange will receive fine for running an IEO, unless regulations are put in place to checkmate the entire industry.

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August 24, 2019, 08:08:43 PM
 #115

Binance IEOs are good investors always profitable. Other IEOs not profitable but gives instant listing of tokens on exchanges I like IEOs only on Binance if lottery ticket is claimed for the IEO exercise.
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August 24, 2019, 08:15:33 PM
 #116

IEO is not sustainable but it's one of the things that makes crypto great again. It could still have its  spark for another year but my worries are the first IEO altcoin that are listed and going to be forgotten so fast. People are in it for quick roi so if you are unlucky for buying a crap project when it gets listed then you are doomed. Those who got it on those lotteries are the real winners of these new scheme.
We are witnessing the outcome since many investors and are aiming for quick results and not willing to work with the project, even a solid plan won't let the token to progress it will ends up nothing, especially those who's been offers from not so known exchange, the chance of surviving is too small and the possibilities to become pump and dump is very high.

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August 24, 2019, 08:42:57 PM
 #117

About kyc and aml, some ICO make it compulsory because they want to abide by the regulations of the country in which they are based. And this is the reason why many of them mandate it irrespective of who you are. About IEO it is no longer news that it doesn't determine the success of any project. The only reason why people believe it at first is that it might reduce the scamming rate that is very common in ICO but this reason has be contradicted as we have seen some bad exchange platform that promote scam project
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August 24, 2019, 11:16:28 PM
 #118

IEO is only an evolution of ICO, but in terms of certainty coins will be able to enter the market and can be traded already guaranteed. if the privacy problem is user data, then there must be mutual trust.

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August 24, 2019, 11:45:25 PM
 #119

About kyc and aml, some ICO make it compulsory because they want to abide by the regulations of the country in which they are based. And this is the reason why many of them mandate it irrespective of who you are. About IEO it is no longer news that it doesn't determine the success of any project. The only reason why people believe it at first is that it might reduce the scamming rate that is very common in ICO but this reason has be contradicted as we have seen some bad exchange platform that promote scam project
In addition, KYC is also used to secure the ownership of funds that we have on the exchange, I think it does not matter if it has become the terms and conditions on the exchange. We just need to understand the risks.
Ieo is also at risk as well as ICO. As you said, there are a lot of new exchanges that offer IEO for less good projects and tend to be scams, I think they just want to catch up to IEO's popularity. So if you want to join IEO, choose a big and trusted market like Binance, Okex, etc. The risk of loss is always there, at least if there is a scam, the exchange will be responsible for maintaining their credibility.

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August 25, 2019, 01:09:57 AM
 #120

About kyc and aml, some ICO make it compulsory because they want to abide by the regulations of the country in which they are based. And this is the reason why many of them mandate it irrespective of who you are. About IEO it is no longer news that it doesn't determine the success of any project. The only reason why people believe it at first is that it might reduce the scamming rate that is very common in ICO but this reason has be contradicted as we have seen some bad exchange platform that promote scam project
In addition, KYC is also used to secure the ownership of funds that we have on the exchange, I think it does not matter if it has become the terms and conditions on the exchange. We just need to understand the risks.
Ieo is also at risk as well as ICO. As you said, there are a lot of new exchanges that offer IEO for less good projects and tend to be scams, I think they just want to catch up to IEO's popularity. So if you want to join IEO, choose a big and trusted market like Binance, Okex, etc. The risk of loss is always there, at least if there is a scam, the exchange will be responsible for maintaining their credibility.

ICO or IEO have the same risk because every investment has inherent risks. In the end it all depends on projects that are able to produce products, if a project after the fundraising stage fails to produce a product, even though the sale of tokens through the IEO method, will certainly be abandoned by the investors

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