Zemomtum (OP)
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Activity: 1316
Merit: 104
CitizenFinance.io
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May 06, 2020, 10:25:41 AM |
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I received an email today from probit exchange (screenshot 1) and I went to verify this authenticity from their website (screenshot 2). To my amazement, the 100% IEO is true and valid. If this particular project launches a bounty, what will be the expectation of participants? They will not distribute the token to those who make the awareness until it is worthless and useless. Interestingly, all blame is always shifted to the bounty hunters for dumping. How could you run an IEO with 100% bonus and not except a dump when it commences trading, that is double of investment in a short time most often within the same week or month. IEO is just another tag name to represent ICO and it will worst more than the experience we had during the ICO mania in 2017. Those projects that launch IEO and those who were initiated by Binance launchpad are still counting their losses, most of them are down with more than 150% and same applied to other exchanges. Where would someone run into in this crypto space? Would STO be the option and correct all these anomalies?
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Hasan905
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May 06, 2020, 01:11:13 PM |
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As i understand Bounty is kind of marketing, if there have no IEO or ICO, projects still can do Bounty for their project publicity. So, Bounty will alive till project owners findout another easy or low cost way to publicity their product and project.
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avikz
Legendary
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Activity: 3206
Merit: 1524
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May 06, 2020, 02:18:23 PM |
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Those who blame bounty hunters for the dumping and prize crash - they probably don't know much about bounties. Usually 3% - 5% of total coin supply is distributed to bounty hunters. If dumping of that minuscule amount of tokens drags down the price of the token and never comes back to track, then you have to understand that this is the fate of the token.
Just one pro tip- don't invest in any IEOs for a long term. Just invest and get out as soon as the trading commences. You will usually see profit.
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kryptqnick
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Merit: 1399
Join the world-leading crypto sportsbook NOW!
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May 06, 2020, 02:42:36 PM |
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IEO is just another tag name to represent ICO and it will worst more than the experience we had during the ICO mania in 2017. Those projects that launch IEO and those who were initiated by Binance launchpad are still counting their losses, most of them are down with more than 150% and same applied to other exchanges. Where would someone run into in this crypto space? Would STO be the option and correct all these anomalies?
I can't believe someone is still running those things. I was excited about altcoins and ICOs back in 2017 because it seemed like a good chance for companies with attractive ideas to find investors. Indeed, I've seen many projects that looked promising to me. However, with terrible sums going to scammers and even successful ICOs barely delivering what they've offered, I don't think they have a future. And then came various 'rebranding' options allegedly offering something different but in essence not being much different from ICOs. The era of altcoins and raising money via offerings seems over to me.
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tabas
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May 06, 2020, 02:56:28 PM |
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The early birds of Binance IEO made pretty well. They've made a decent profit out of its newness but after that, nothing new is about to be offered anymore. And for the bounty hunters, I think it's already attached to them that they're always blamed for the dumping because they have to dump the token for their profit. That part is hard to change for the devs and investors.
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Kupid002
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May 06, 2020, 03:08:25 PM |
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As i understand Bounty is kind of marketing, if there have no IEO or ICO, projects still can do Bounty for their project publicity. So, Bounty will alive till project owners findout another easy or low cost way to publicity their product and project.
It will last long as long as project owner still get enough money from investors than they use for marketing. It Will only stop if there is no people want to invest anymore in any project instead they are buying a coins directly in exchange. It will also open another opportunity If that's happen another way of advertising will come out surely .
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hiburak
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May 06, 2020, 03:18:26 PM |
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IEO is a failed business model. It also doesn't make sense for projects with huge upside to do an IEO, because they have to spend a large portion of what they raised for market-making activities to provide liquidity. Also, they have to obey a certain token-lock schedule which distracts long term investors and causes a non-stop selling pressure for a couple of years.
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pakhitheboss
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May 06, 2020, 03:26:54 PM |
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The early birds of Binance IEO made pretty well. They've made a decent profit out of its newness but after that, nothing new is about to be offered anymore. And for the bounty hunters, I think it's already attached to them that they're always blamed for the dumping because they have to dump the token for their profit. That part is hard to change for the devs and investors.
Recently also! Few friends of mine made some good Profit. It was the Cartesi IEO. They were running a bounty program prior to getting listed on Binance Launchpad. That is one reason why they were successfully. Plus the project is also promising. So, yes if Binance list a decent project on their launchpad platform it can be a successful. Sucess of any IEO or ICO depends a lot on marketing, product and team. If you have all the three it will earn you profit.
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Mia44
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May 06, 2020, 03:30:43 PM |
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This is similar to the ICO, when early or private investors are bought with huge bonuses, when the coin is sold off and bounty hunters will be blamed.
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semobo
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May 06, 2020, 03:38:44 PM |
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Not every IEO is worth to invest, they just launch on random exchange and also will run bounty to make more money, even if they legit they will become useless once they get dumped by the investors and project team so I hope people will not waste their time on promoting such shit projects anymore.
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minairia3
Sr. Member
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Activity: 1582
Merit: 326
Vave.com - Crypto Casino
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May 06, 2020, 03:40:48 PM |
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The early birds of Binance IEO made pretty well. They've made a decent profit out of its newness but after that, nothing new is about to be offered anymore. And for the bounty hunters, I think it's already attached to them that they're always blamed for the dumping because they have to dump the token for their profit. That part is hard to change for the devs and investors.
Dont compared the Binance IEO to the OP's example cause their level of competence has a huge difference. Most IEO held on Binance usually skyrocket unlike these low exchanges that even give 100% bonus. Of course price will tend to dump cause investors will probably takr advantage of their bonuses. So whats more will be left on hunters right? When distribution arrives the price is already at the bottom and the value of it is not as promised like on the bounty budget. But that's a consequence on the life of hunters, what is worse is the blame when the price dump is on hunters that for me is wrong. Only few percentage they allocate to those hunters and yet they complained everytime it happens. It will never end so better ignore those guys.
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smyslov
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May 06, 2020, 03:46:01 PM |
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Just one pro tip- don't invest in any IEOs for a long term. Just invest and get out as soon as the trading commences. You will usually see profit.
That has been the case and the scenario IEO and ICO are not helping investors in the long run, but only on short term profit, investors are doing great on stable coins than these new projects on IEO and ICO, and about the future of bounty hunters, I'm still wishing that these new bounty campaign will pay people with trade able coins in the market like Bitcoin or Eth.
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BitcoinTurk
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May 06, 2020, 03:47:11 PM |
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Unfortunately, just like the ICO process, the IEO process has started to move towards the period of collapse. The fact that almost all projects that have bounty campaigns recently will sell with IEO helps us to have an idea about this situation. I remember very well that when the IEO craze first started, everyone was formally competing with each other to participate in the bounty campaigns of IEO projects. Why is that? Because these projects would definitely win and everyone wanted to get their share of this cake. Today, we see that almost all campaigns will be sold with IEO, and many still fail. Let's see what happens next craze.
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tabas
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May 06, 2020, 03:53:51 PM |
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The early birds of Binance IEO made pretty well. They've made a decent profit out of its newness but after that, nothing new is about to be offered anymore. And for the bounty hunters, I think it's already attached to them that they're always blamed for the dumping because they have to dump the token for their profit. That part is hard to change for the devs and investors.
Recently also! Few friends of mine made some good Profit. It was the Cartesi IEO. They were running a bounty program prior to getting listed on Binance Launchpad. That is one reason why they were successfully. Plus the project is also promising. So, yes if Binance list a decent project on their launchpad platform it can be a successful. Sucess of any IEO or ICO depends a lot on marketing, product and team. If you have all the three it will earn you profit. Yes, thank you. The Cartesi project. This was also a successful project that's being talked about lately. I didn't invest in it and didn't follow the whole thing but I'm aware of the success that they've met.
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Iyeman
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May 06, 2020, 04:02:35 PM |
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STO dead and you should not mention again. There was no even a single project that being a successful project from STO. It's dead forever. You should not take any IEO that runs on the crap exchange site as a serious thing to determine the future of the hunters.
A lot of early investors are still getting huge profits from their investment.
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Review Master
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May 06, 2020, 04:18:18 PM |
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This is just another type of creating fomo for more investors and sure to see a huge dump after listing this coin in probit. Even it's look like , IEO is also going to vanish. As most of the binance Launchpad's project did great after the listing, but most of that projects are now in not a great ROI. So it's time to find out some real projects , not just reputated IEO platforms.
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Beparanf
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May 06, 2020, 04:29:50 PM |
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STO dead and you should not mention again. There was no even a single project that being a successful project from STO. It's dead forever. You should not take any IEO that runs on the crap exchange site as a serious thing to determine the future of the hunters.
A lot of early investors are still getting huge profits from their investment.
I did not experience investing in STO, but been in ICO a lot, we definitely need to adjust on crypto activities. Thru Trading many were still able to earn, we should not focus on one thing alone like as bounty hunter, there is always need to research and to determinine which exchange fits us well.
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Banadony
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May 06, 2020, 04:52:34 PM |
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the idea of raising funds form IEO has been a decisive one. the early stage was successful and many projects thrived from IEO but currently, money rules everything. when you can afford binance IEO launchpad, you are made and also you can get a little boost of your project. publicity and funds at the first stage but if you mange your resources well, you will create a well deserve project.
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huu78
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Undeads.com - P2E Runner Game
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May 06, 2020, 04:55:16 PM |
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it actually depends on the project because IEO or ICO is a place to raise funds, so nothing is exaggerated, IEO has the advantage because there is already a guarantee that the currency will be listed on their market, while your ICO can buy directly without having to register an exchange account. but for now, IEO is more favorite than ICO.
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bassbity
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May 06, 2020, 06:54:14 PM |
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it actually depends on the project because IEO or ICO is a place to raise funds, so nothing is exaggerated, IEO has the advantage because there is already a guarantee that the currency will be listed on their market, while your ICO can buy directly without having to register an exchange account. but for now, IEO is more favorite than ICO.
ICO has now been abandoned because a lot has happened when ICO is sold out, investors' money is always taken away, therefore IEO is now turning into a trend now, therefore it is a guarantee that tokens will be listed on the exchange, on average, projects are now selling IEO.
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