IEO: A professional scam

[vanya.pronin.1983]

It is nothing more than paid listing, thats why only Binance, Huobi and all other solid exchanges are doing IEOs. A coin will be directly listed on this exchange, which gives a huge advantage for IEO participants.

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[barnes13]

Well, this makes sense. They can easily do this with the money they get from selling tokens on the exchange, then they work with the exchange to do the pump scenario at the beginning, and they will dump it massively after investors think of holding the token for a long time. The method is fairly sneaky in the investment business and clearly this is a very planned fraud scenario.

[Spider A4]

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.

Not every ico was scam and not every ico ended up landing on the moon. Likewise, not every IEO will land on moon. We have to take care of our hard earned money ourselves.

Almost 90% ICO's was scam in the previous year and also in this year a lot of scam ICO's i have seen. IEO's is the replacement of ICO's and it's depend in the exchanges so there are no reason to every IEO will success. Big exchanges all of the IEO will success most of the time. Small exchanges projects is very difficult to success. 

[Undevd]

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.

The true IEO going on Binance and a few other exchanges. Medium and small exchanges manipulate about raised funds and use bot trading/fake volume when they list token after IEO. I saw that many times.

[Colt81]

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.

Not every ico was scam and not every ico ended up landing on the moon. Likewise, not every IEO will land on moon. We have to take care of our hard earned money ourselves.

Almost 90% ICO's was scam in the previous year and also in this year a lot of scam ICO's i have seen. IEO's is the replacement of ICO's and it's depend in the exchanges so there are no reason to every IEO will success. Big exchanges all of the IEO will success most of the time. Small exchanges projects is very difficult to success. 

ICO projects started to have a huge amount of scams in the year of 2018, that is why a lot of investors and bounty hunters have stopped investing in projects because they didn't get any good profit. But since IEO projects came, there are only few investors and bounty hunters who participates in these projects because a lot of people still don't trust new projects that they assume that it will also not be profitable and it will also be a scam.

[icekohl]

I think in this IEO game only the exchange will benefit. Initially they pumped the first IEO projects to attract investors. They then make very difficult rules to hold large amounts of their platform tokens. Eventually they gained profits from the platform token price increase, and the huge listing fees earned from the project.

[Landak]

Well, this makes sense. They can easily do this with the money they get from selling tokens on the exchange, then they work with the exchange to do the pump scenario at the beginning, and they will dump it massively after investors think of holding the token for a long time. The method is fairly sneaky in the investment business and clearly this is a very planned fraud scenario.

in other words, the market exchange that provides a place for IEO works with the project team to deceive investors and if there is an opportunity, they do a volume manipulation to make it look promising (pump and then dumped). Wow, that makes perfect sense. (just realized and shocked)
So far I have only been suspicious of the IEO project, but now that I thinking back, it turn out there is a big possibility that the market exchange get involved too. what a great business, everything is a fraud. fck!

[nicecrypto]

Everything is base on negotiation, project owners want a platform to sell their tokens since the old ico method is out of fashion, and exchanges on the other hand will be paid for the service they will render,  both parties are in agreement so i don't see how this is a scam, and investors are not compelled to invest, it is a thing of choice, besides, ieo is still less risky than ico.

[the rise]

Sorry, I can't agree with you. I will not call IEO is a scam, yes they take a good percent of token but that's a fee, not to scam. I don't want to talk about shit exchange's IEO, but you can't tell reputed exchange's IEO also scam! Many People buy when the token gets listed on exchanges, the price goes down and it comes to up too! This is normal, even BTC, eth price does this same! IEO is a good opportunity to recover the bear market's loss!

I think his assumptions are based on the initial price movement and especially in the first hour of listing, fluctuations look the same as the Pump and dump pattern and then the price drops quickly. He did not realize that it was normal to test market liquidity, and the actual price would be seen a few hours later, the IEO on the top exchange had a long-term volume endurance, and sought to benefit all parties including the organizer. If a trader is just trapped in hype and then buys at a high price, it is because of his lack of understanding in reading the initial pattern, and then starting to analogize the system with short assumptions.

[Lauren Smith]

Sorry, I can't agree with you. I will not call IEO is a scam, yes they take a good percent of token but that's a fee, not to scam. I don't want to talk about shit exchange's IEO, but you can't tell reputed exchange's IEO also scam! Many People buy when the token gets listed on exchanges, the price goes down and it comes to up too! This is normal, even BTC, eth price does this same! IEO is a good opportunity to recover the bear market's loss!

You right. Good exchanges will last and coins help there will have a good chance of being worth more then they were at IEO sale. So far for me it has been better and the coins i bought or have earned on bounty have been listed and worth something. Sometimes the project does badly but then at least i got something selling my bounty earnings.

[meliodas]

I don't know why people are like these, they complain when things go wrong but in the first place it is their fault to get involved in a scam. If you are a newbie or a clueless experienced investor about something then you should not jump into it because it is a very risky move and you should fix yourself by getting education to avoid wasting money and time in a scam project.

[fauzan Ichsan]

Sorry, I can't agree with you. I will not call IEO is a scam, yes they take a good percent of token but that's a fee, not to scam. I don't want to talk about shit exchange's IEO, but you can't tell reputed exchange's IEO also scam! Many People buy when the token gets listed on exchanges, the price goes down and it comes to up too! This is normal, even BTC, eth price does this same! IEO is a good opportunity to recover the bear market's loss!

You right. Good exchanges will last and coins help there will have a good chance of being worth more then they were at IEO sale. So far for me it has been better and the coins i bought or have earned on bounty have been listed and worth something. Sometimes the project does badly but then at least i got something selling my bounty earnings.

but IEO for recovering losses from the bear market, I don't think so. Such a situation is caused by market conditions that are not yet as expected, thus impacting the ongoing project. investor confidence is reduced and many IEO are not in line with expectations

[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.

Okay, can you give an example of how to research an IEO project for beginners?
 I think they were only tempted by big profits in a short amount of time after the sale of tokens is complete, and  therein lies foolishness. In my opinion, now rarely people pay attention to the function of what they buy, they only think of buying and selling when they have made a profit.
CMIIW

The best way to research this is by looking at various news about the IEO and observing their team, and even in the whitepaper also stated about the objectives of their project. For more convenience, check the section
Scam Accusations in bitcointalk threads. There will be listed several projects that have been indicated by scams.
Novice investors at this time are tempted by the discounts that are given and only think of the benefits to be gained.

[matchi2011]

I don't know why people are like these, they complain when things go wrong but in the first place it is their fault to get involved in a scam. If you are a newbie or a clueless experienced investor about something then you should not jump into it because it is a very risky move and you should fix yourself by getting education to avoid wasting money and time in a scam project.

Indeed. You need to workout with your knowledge and not to fall right away and invest your money. Don't be move by any hypes as no one will be blamed once you mistakenly invested your money to any scam project inside this market. It's you who needs to investigate and study every information about the project to put your investment. failing to do your research will put you to a higher risk of losing your money.

[joseyphil82]

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.

Pal you don't know what you are saying, after good returns from binance IEOs few weeks ago all IEO projects from binance start pumping again, i can't say about other exchanges but i trust binance, they focus more on been the best exchange

[LogitechMouse]

What I am trying to say is that even as investors in IEOs, you heart was never in the right place, it wasn't about the Tech or the project, it was basically about the profit and if the shittiest project gave the highest profit, it would have been seen as a resounding success and this is exactly what the exchange's did as well in order to maximise their profits, the basic problems are we the investors, we are the ones who allowed it all to happen.

Straight to the point.

Investors are investing not for the project but for the profits that they can get to an IEO. I also thought of this long time ago since the IEO's are existed. I know that exchanges will take advantage into it to get more profits aside from the profits that they get from the traders. Now in order for a project to be a "successful" one, they must launch it on a popular exchange.

Can somebody say here what IEO project became successful already (what I mean successful is their price right now is higher than its original price in IEO)?? I don't think that their are even those IEO's that launched in Binance are now below its original price

[makolz26]

What I am trying to say is that even as investors in IEOs, you heart was never in the right place, it wasn't about the Tech or the project, it was basically about the profit and if the shittiest project gave the highest profit, it would have been seen as a resounding success and this is exactly what the exchange's did as well in order to maximise their profits, the basic problems are we the investors, we are the ones who allowed it all to happen.

Straight to the point.

Investors are investing not for the project but for the profits that they can get to an IEO. I also thought of this long time ago since the IEO's are existed. I know that exchanges will take advantage into it to get more profits aside from the profits that they get from the traders. Now in order for a project to be a "successful" one, they must launch it on a popular exchange.

Can somebody say here what IEO project became successful already (what I mean successful is their price right now is higher than its original price in IEO)?? I don't think that their are even those IEO's that launched in Binance are now below its original price

That's why no matter how much cheap the price is and no matter where exchange they conduct their IEO let's remember that it will be always depends on the team how they are going to push up the price, because most of the time project don't care about the price anymore once they got enough fund with how much they raised. Sad truth but we need to be clever always.

[Google+]

It is nothing more than paid listing, thats why only Binance, Huobi and all other solid exchanges are doing IEOs. A coin will be directly listed on this exchange, which gives a huge advantage for IEO participants.

It is true that the IEO organized by the Binance and Kucoin exchange or other large and trusted exchanges will provide a lot of profit and will not guarantee a scam because investor funds will usually be stored by the exchange and will be given to the founder of IEO when the product is released and will quickly enter the exchange place.

[memed97]

It is nothing more than paid listing, thats why only Binance, Huobi and all other solid exchanges are doing IEOs. A coin will be directly listed on this exchange, which gives a huge advantage for IEO participants.

It is natural that Binance, Huobi and all other solid exchanges that carry out IEO, because the exchange-excange is able to provide full guarantee of success to the project, and very different from a small exchange, where they are not able to provide full guarantee of success to the project.

[biddicoin]

Well, this makes sense. They can easily do this with the money they get from selling tokens on the exchange, then they work with the exchange to do the pump scenario at the beginning, and they will dump it massively after investors think of holding the token for a long time. The method is fairly sneaky in the investment business and clearly this is a very planned fraud scenario.

in other words, the market exchange that provides a place for IEO works with the project team to deceive investors and if there is an opportunity, they do a volume manipulation to make it look promising (pump and then dumped). Wow, that makes perfect sense. (just realized and shocked)
So far I have only been suspicious of the IEO project, but now that I thinking back, it turn out there is a big possibility that the market exchange get involved too. what a great business, everything is a fraud. fck!

if you use that logic, so you will assume that all crypto is in manipulation too. look at most crypto, those are just pump and dump scheme
even Bitcoin, which is the best crypto, is also pump and dump scheme. How can the coin get pumped from $ 3,700 to $ 19,000 just in 4 month?
then dumped from $ 19,000 to $ 6,500 in 2 months. isnt it manipulation too?

Remember mate, this is cryptocurrency. which has low liquidity and deregulation.
just take it to our own sake. volality =profit