IEO: A professional scam

[DarkDays]

IEOs are in 2019 what ICOs were in 2017—albeit to a less degree.

As with anything new and highly hyped in the cryptocurrency industry, they were obviously hyped up to a huge degree by the exchange platforms themselves. Binance in particular was notorious for this, hyping up its Launchpad projects by providing a variety of incentives for BNB holders and high-volume traders in particular.

I'm sure there will be a similar 'fad' in 2020, maybe it will be the 'initial DEX offering', or the 'initial forum offering' 

[xiboothrezi]

Whether it's fraud or what, the proof is that many benefits, right? of course, we have to note here for trusted global exchange, don't try to join ieo on shitexchange, it's very risky.
Although previously there was a private sale with a certain discount, IEO is still in demand to take advantage of market interest. With this interest, it will be easier to run the desired price formation scenario. Look at the following picture. The participants are always many, we only need to take advantage of opportunities with the right combination of timings.

snip--
I'm sure there will be a similar 'fad' in 2020, maybe it will be the 'initial DEX offering', or the 'initial forum offering' 

You are right on target  . Some sort of evolution, right? It doesn't matter as long as it can attract interest and can build trust, isn't a large community with a unique niche an opportunity?

[BeginToMine]

Yes, most IEO are potential scam and have fully bankrupred nvestors. It's just a few out if many are good. I wouldn't say it is a potential scam but it is full of scams and discouraging now. I do wish we get something pretty soon to supers or monitor IEO it will be so good.

[tenakha]

A lot has been said about IEO. Many seeing IEO as a way out in cryptocurreny, hmmmm..... is that it? don't be fooled. Many of the so-called big exchange have enriched themselves through IEO. Why do you think some projects from nowhere conducted their IEO on these so-called big exchange, it will shock you to know that a reasonable amount of these tokens are going to the exchange and the exchange is ready to dump on you the moment the token is listed or after some pump. They encourage you to hodl but they will not hodl. It is all about pump and dump. You may want to argue because you have benefited one out of many times. Have you asked yourself, how many were able to buy at IEO, they want you to come and buy on the exchange after making it look like a sold out, why sold so little at IEO when you have buck of it in store? Professional scam.....Believe me, there is more to IEO on big exchange than you can imagine. Be wise.

I agree with your opinion, although I can not prove it. I started thinking about this after Binance's last sale, and I thought why not. Already, in IEO, HYIP is very high and an excellent opportunity to make profit. Besides, not only that, there are other factors. It is also debatable that after these sales, the prices are falsely pumped and the value decreases again after time passes. Most IEOs on major exchanges are for profit in a short time.

[sazonk]

not all IEO scams end, I've experienced IEO scams, when I bought their tokens and it turns out when I opened trading (deposit and withdraw) the price went down far below the IEO price and it happened in a large market, I thought why IEO why which is the latest crowfunding system from ICO ended not good. But I continue to follow the development of IEO and there are also some IEO that are successful. From that I conclude that everything that happens in crypto especially with regard to crypto investment must be true and misuse when the system is successful. In the past many ICOs are successful but many are also Scams, maybe you can say ICO is Professional Scam, now the IEO era, there are successful and scams, then the perception arises that IEO is a Professional Scam, and the last IMO, this bus is also a professional profit and professional scam. Let alone in crypto which is completely anonymous in real life there are also 2 types, Scam and not Scam. That is a reality that we must accept and is normal.

[Aabcde]

Yes, I very much agree with your argument. As we already know that IEO tokens or coins are only limited to pump and dump. Some people are fortunate to say it is a good coin or token, but some others say it is a bad or scam because they do not get any profit. If it continues like this, I can't imagine the world of crypto only being used to profit quickly and a crime that is very neat and educated.

[starblocks]

There are many investment options out there, and you can always buy an IEOs tokens after the price has had a chance to balance out and accumulate then if it has good long term potential and isn't just a quick pump and dump scheme

[Cherylstar86]

There are many investment options out there, and you can always buy an IEOs tokens after the price has had a chance to balance out and accumulate then if it has good long term potential and isn't just a quick pump and dump scheme

Nowadays, is the best time to buy since market is so cheap. IEO is another way to invest but it needs time to study the kind of token that can be huge potential to increase in the future. The most challenging is to hold your different altcoins for long period of time and will able to wait until it will pump again tremendously.

[Xampeuu]

There are many investment options out there, and you can always buy an IEOs tokens after the price has had a chance to balance out and accumulate then if it has good long term potential and isn't just a quick pump and dump scheme

Nowadays, is the best time to buy since market is so cheap. IEO is another way to invest but it needs time to study the kind of token that can be huge potential to increase in the future. The most challenging is to hold your different altcoins for long period of time and will able to wait until it will pump again tremendously.

many people are less interested in investing in new projects, they prefer to invest in coins that are already available in the market and have a good reputation. many people choose to reduce the risk so that their capital is not lost with the many cases of fraud

[wajik-tempe]

All crowdfunding models have their own disadvantages and risks. In fact, when you invest in an ICO and an IEO, you are participating in a game, the winner will win the money of the loser. it's not a game anyone can win, so if you lose you can only blame yourself.

Yeah most of crowdfunding in crypro are having a high risk. Even it's ICO or IEO or STO they will be a high risk for the investors and that's why most of investors are just aiming for quick profits after crowdfunding end, they will likely to sell all their tokens that they get for quick profits and move on to another project rather than holding the token from the previous project

[LouVandetta]

Well, that's what IEOs are, at the beginning you'll see a massive pump and dump. That's why people liked to join them. Since you could ride the train for the first few hours and then just dump it all. Even though the few IEOs back ago were not so much succeed in price pump. And cannot survived once it hits the exchange. Whether if it's an ICO or IEO they're all the same, we're like betting our money in them. And since IEO is more popular nowadays, people chose them over ICO regardless if it's a scam one or not as long as it has the word of IEO in it, everything's good for them.

[ecnalubma]

A lot has been said about IEO. Many seeing IEO as a way out in cryptocurreny, hmmmm..... is that it? don't be fooled. Many of the so-called big exchange have enriched themselves through IEO. Why do you think some projects from nowhere conducted their IEO on these so-called big exchange, it will shock you to know that a reasonable amount of these tokens are going to the exchange and the exchange is ready to dump on you the moment the token is listed or after some pump. They encourage you to hodl but they will not hodl. It is all about pump and dump. You may want to argue because you have benefited one out of many times. Have you asked yourself, how many were able to buy at IEO, they want you to come and buy on the exchange after making it look like a sold out, why sold so little at IEO when you have buck of it in store? Professional scam.....Believe me, there is more to IEO on big exchange than you can imagine. Be wise.

Yes we can't set aside the possibility that even they are listed on good exchange it will not guarantee that they will not fool investors later on. There's really no assurance when it comes to investing in ICO and IEO majority of the projects are only based on speculation and no products to show.

[meanwords]

I think it's just a matter of knowledge in investing. It's just that investors hasn't learned anything from all the scams that happened during the ICO days. IEO is a really good way to make profit if you know what you are doing. It's just that those who doesn't know what they are doing, they are the target which in my opinion the majority of the investors are like that. Only target that the early birds feeds on. That's the reason why I stayed away from new projects the moment I realized the system in IEO. I might miss the train and the food.

[sikke]

A lot has been said about IEO. Many seeing IEO as a way out in cryptocurreny, hmmmm..... is that it? don't be fooled. Many of the so-called big exchange have enriched themselves through IEO. Why do you think some projects from nowhere conducted their IEO on these so-called big exchange, it will shock you to know that a reasonable amount of these tokens are going to the exchange and the exchange is ready to dump on you the moment the token is listed or after some pump. They encourage you to hodl but they will not hodl. It is all about pump and dump. You may want to argue because you have benefited one out of many times. Have you asked yourself, how many were able to buy at IEO, they want you to come and buy on the exchange after making it look like a sold out, why sold so little at IEO when you have buck of it in store? Professional scam.....Believe me, there is more to IEO on big exchange than you can imagine. Be wise.

Exactly. I don't get why people seem to feel like that IEOs will protect them from all of the scams in the cryptospace all of a sudden - they won't.

And it is this exact attitude that makes IEOs even more dangerous, because of the fact that people are more comfortable and complacent with their investments they no longer conduct their due diligence when researching the project they're investing in.

You still got to remember that IEOs are for profit for both the developer AND the exchange, and both of them have vested interest in pushing the token to investors to the greatest extent. Investor protection is still extremely low.

[joseyphil82]

Dump to nothing? its not all IEO projects that do this act you are claiming, most IEO from binance still have good price not far from IEO price, most IEO launchpad are just games planned by the exchanges but not all of them

[Baby Dragon]

There are many investment options out there, and you can always buy an IEOs tokens after the price has had a chance to balance out and accumulate then if it has good long term potential and isn't just a quick pump and dump scheme

Nowadays, is the best time to buy since market is so cheap. IEO is another way to invest but it needs time to study the kind of token that can be huge potential to increase in the future. The most challenging is to hold your different altcoins for long period of time and will able to wait until it will pump again tremendously.

many people are less interested in investing in new projects, they prefer to invest in coins that are already available in the market and have a good reputation. many people choose to reduce the risk so that their capital is not lost with the many cases of fraud

Indeed, it's because most of them had some trust issues from their experiences in the past and we can't blame them for being choosy on investing because some of us had also experienced it. We have also feel what they feel and it is worst, but we can't also say that most of the projects these days are like the other projects unless you have already try investing in all new projects. Also, what can you expect? there will always be some people who's going to take advantage of you and it depends on you on how you avoid it. We can't underestimate something we don't experience and there are still some worth it and profitable investments, you just need to find it carefully and make your decisions wisely.

[nicecrypto]

Obviously IEO has not be able to right the wrong of ICO's since the introduction but the only thing was that ieo gives a little bit of security to investors unlike ico that didn't give much security to investors, between, big exchange ieo has produce some good profit to investors, especially in binance, I can't say for other exchanges though.

[albrots]

ICO is only switched to IEO. even many scammers are able to list on the exchange very easily by only paying for the Exchange they choose. of course, exchange is not concerned with project credibility. IEO forces investors to easily invest, new investors will certainly be interested because after the sale of the coin is completed, it will be listed on the exchange. This can also be called professional fraud. But not all exchanges do dirty things like that. I believe there are still many good IEOs that can succeed, but in-depth research is also needed.

[Getmon]

We cannot consider all the IEOs as scams just to be fair to a handful or even less than a handful of IEOs that are not scams but truly good projects, if there are any. But I think there are. Even if the majority are scams, let us also try to give what those good projects deserve. A blanket conclusion is not fair, it might consider all of them as bad eggs even if there are a few which are not. But the investors should be careful in their decisions as the largest percentage goes to the scams.

[Aying]

There are many investment options out there, and you can always buy an IEOs tokens after the price has had a chance to balance out and accumulate then if it has good long term potential and isn't just a quick pump and dump scheme

And the IEO tokens now are a good chance to recover and make a good profit from the last year when ICO projects are popular and many users where victimize. one of a good investments now are IEO's just find a better one that run in a better exchanges. like said that it is not just a quick negative scheme so better to find a one that will be long term, there is still flowery IEO's just want to make money from us. so be keep an eye on it and don't believe it right away.