Scammers are focusing on IEO Funds

[TastyChillySauce00]

It's always up to the investors to decide whether they will put their money into that IEO or not. Some low rated exchange that the sole purpose is for making IEO and getting the money is indeed a threat but with proper information for all the people, they will definitely be aware and avoid such an exchange.

[Johnzky]

IEOs are becoming a threat to those who rely on choosing project from any exchanges,low rated exchanges have already joined the IEO rollercoaster and projects funds are been raised through these low rated exchanges which to me is a very dangerous risks for anyone who invest in projects from low rated exchanges or even new exchanges.

Do not forget that many new projects are coming into crypto space focusing only on the funds they will raised through IEO/ICO

After victimizing ICO investors now the next target are IEO?well what can we expect from them?this is their life to take others resources without even spending something
This is why we need to be precise in every investment form we will be having here
If we are not 100 % sure then better not to continue,never aim for easy money and never trust anyone but you only.keep safe guys and thanks for this warning

[max6575]

to retains as depending with use of different customs on pair scheme on table with the trading and collects as use with the movement on drawing to complete with numbers on target within terms of work on completion.

[aprilnot]

IEOs are becoming a threat to those who rely on choosing project from any exchanges,low rated exchanges have already joined the IEO rollercoaster and projects funds are been raised through these low rated exchanges which to me is a very dangerous risks for anyone who invest in projects from low rated exchanges or even new exchanges.

Do not forget that many new projects are coming into crypto space focusing only on the funds they will raised through IEO/ICO

yes you're right, that's why we have to be more selective in choosing which projects to invest in. don't believe too much in the promises they say, good projects usually don't provide promises but tangible evidence. my suggestion is better we don't pay attention to the IEO project in the small exchange. it just makes you waste time.

[No Pain No blood]

normal it happened, because IEO became popular this year. like ICO used to be a lot of scammers who make projects just to raise money. because it's better we never on a project that does IEO in a less popular exchange.

[Greed Dev]

IEOs are becoming a threat to those who rely on choosing project from any exchanges,low rated exchanges have already joined the IEO rollercoaster and projects funds are been raised through these low rated exchanges which to me is a very dangerous risks for anyone who invest in projects from low rated exchanges or even new exchanges.

Do not forget that many new projects are coming into crypto space focusing only on the funds they will raised through IEO/ICO

I don't think they are frauds. These are bad projects like projects that are mobilizing capital through ICO.
Small exchanges such as Exmarket, VinDax, Bitforex, IDAX will often not be responsible for the price after the token is listed on exchange.
That is also the main reason why prices plummeted in less known projects.

[Stanlo]

IEOs are becoming a threat to those who rely on choosing project from any exchanges,low rated exchanges have already joined the IEO rollercoaster and projects funds are been raised through these low rated exchanges which to me is a very dangerous risks for anyone who invest in projects from low rated exchanges or even new exchanges.

Do not forget that many new projects are coming into crypto space focusing only on the funds they will raised through IEO/ICO

I don't think they are frauds. These are bad projects like projects that are mobilizing capital through ICO.
Small exchanges such as Exmarket, VinDax, Bitforex, IDAX will often not be responsible for the price after the token is listed on exchange.
That is also the main reason why prices plummeted in less known projects.

It means you arent aware what idax did to many IEO projects,starting from xcrypt project idax sat on their money and never send it back to the xcrypt team after all fund are raised successfully,same thing happened to cryptomarketads project,this means not all exchanges cares about their reputation

[iyah adrian]

Thats why I am taking part in IEOs only on big exchanges like Binance. On such an exchange, you can be sure that the project is legit and that your funds can be safe. Moreover, every single IEO on Binance gave profit.

I agree with this.
That large exchanges like Binance are indeed very good for those of you who want to invest in IEO. It is not recommended for low exchanges that do IEO. Because now almost all low or high exchanges do IEO. This makes scammers included in the scope of IEO.

[ethereumhunter]

That is true, and the scammers will use IEO funds to trick people. But I think that is difficult because if they want to trick people into investing in their project, they need to pass the exchanges verification so their project can be list on that exchanges and the presale can start. Maybe their way to trick people will not as big as in the ICO but yes, the possibility to trick people still wide open. So the investor needs to be careful to invest in any projects.

[suzanne5223]

they need to pass the exchanges verification so their project can be list on that exchanges and the presale can start. Maybe their way to trick people will not as big as in the ICO but yes, the possibility to trick people still wide open. So the investor needs to be careful to invest in any projects.

Firstly, I don't think this should catch us off guard but it the crypto exchange site that offers IEOs that need to tighten their verification cause the last time most of the exchange site is not doing good verification of project before they decide to launch the project IEO and Binance is a good example of an exchange that does the very best verification of project.

[Mighty_crypt]

its real,projects that raise funds on small exchanges immediately fall in price after listing on these exchanges. I don’t understand why this happens and who does it? many investors stop believing IEO

Things will surely get better in the future about projects funds raising,dont forget that ICO was replaced by IEO now and there is no guarantee that in the next 2years IEO will still be the better choice for fundraising projects,every technology ever created takes time to get better but for now investors should play safe by staying away from IEO projects from new exchanges

[mirgo1791]

i have plan to put on offers as preparing projects of mine of the name of DOGEM
to offers service with online social communication application for pupils of indonesia.

[dvdrewritable]

Right, They come in the market just raising found and scam people. Scamer is everywhere. If you invest ICO or IEO, If project not good or their pre-plan to do scam people they can do any time and any where. We need to research first before doing any invest any ICO or IEO. Now a days lot of project just come for money and then they scam and vanish.

[CryptoIyke]

It is not easy to rid this space of scammers totally but can be reduced which is what IEO have done over ICO's, at least now it is not only left for the investor to conduct certain researches and verification before investing, it is also job of the exchanges too

[betty11]

I know of  a project with confused team, having a trading useless shitcoin on hotbit and yet went ahead to conduct IEO under a new name in Vindax exchange and ended up raising over $500 after using $2,800 to listing the IEO. Some Exchanges are scammers .

[lixer]

IEOs are becoming a threat to those who rely on choosing project from any exchanges,low rated exchanges have already joined the IEO rollercoaster and projects funds are been raised through these low rated exchanges which to me is a very dangerous risks for anyone who invest in projects from low rated exchanges or even new exchanges.

Do not forget that many new projects are coming into crypto space focusing only on the funds they will raised through IEO/ICO

This is not that surprising to me because I already knew that it would get to that point and that scammer would really have a very nice time with it because we have lots of people that are quite too greedy and too impatient to fall for it. We already know that these low exchanges would never do due diligence like these top exchanges would do because they are not after the protection of their name, they are just after the money that they will make out of these scam or low quality projects.

For IEO, I think people have option to fall or not fall into scam unlike ICO, for IEO, the best option not to fall into scam is just for them to go for IEO that are on these top exchanges like Binance, Huobi and all the other reputable exchanges that are listed in the market.

[Bonwin]

Just as important as fund raising for every crypto project might be, most especially for development of product, priority needs to be placed on the integrity of the team. That is the only way you can be sure that your invested fund is safe.
I have seen trusted team and I have those on the other side too. Make sure they are keeping to their words and that shows you are good to go with them.

[cichaescut]

I won't recommend to take part in IEOs on exchanges like Latoken, Probit or Bitforex, because such exchanges are manipulating the sales and when it says that an IEO was sold out, in fat there were only several hundred dollars sold. Be aware and take part in IEOs only on proven exchanges.

[Samayuki]

IEO peojects from popular exchanges are the best,their popularity and reputations is enough to push the IEO projects to its success,investors should focus on exchanges like binance,gate.io,huobi,okex etc for IEO investment rather than low exchanges with lower volumes,only few IEOs became successful on exchanges with mediocre rating like latoken and the rest

[zuziekatee]

You are right ! Just that the high rated exchanges do so much manipulation which like The low rated try to be transparent because they want to get to the top and good integrity! We can’t totally write off the low rated exchanges , some of them are good !