Is it over for Binance IEO?

[mexite]

Binance has been a leading force with respect to initial exchange offering (IEO) evidenced by its extraordinary success in raising funds for crypto startupa via its Launchpad. The likes of Gifto, Bread, BitTorent, Fetch.Ai, Celer Network, Elrond, Perlin, Kava, Injective Protocol have successfully met their funding goals via Binance IEO.

My concern, however, is in the performance of its recent IEOs such as thoseof Injective Protocol(INJ) and Axie Infinity (AXS). In the past, investors are often certain of getting almost ×10 of their capital once the token is launched after IEO but these two tokens hardly did ×2 of their IEO price. Does it mean that the Binance Effect is already waning or has weakened?

AXS was sold at $0.1 at IEO price but only breezed to $0.29 briefly while INJ sold at $0.4 managed to hit $1.49 as its brief ATH. These results are unlike Binance's past IEOs which made investors jostle to get in to the launchpad.

Do you think that it the end of Binance IEO has come or the exchange would rediscover its earlier form?

Let me know your opinion.

[WalkerIVIV]

Binance has been a leading force with respect to initial exchange offering (IEO) evidenced by its extraordinary success in raising funds for crypto startupa via its Launchpad. The likes of Gifto, Bread, BitTorent, Fetch.Ai, Celer Network, Elrond, Perlin, Kava, Injective Protocol have successfully met their funding goals via Binance IEO.

My concern, however, is in the performance of its recent IEOs such as thoseof Injective Protocol(INJ) and Axie Infinity (AXS). In the past, investors are often certain of getting almost ×10 of their capital once the token is launched after IEO but these two tokens hardly did ×2 of their IEO price. Does it mean that the Binance Effect is already waning or has weakened?

AXS was sold at $0.1 at IEO price but only breezed to $0.29 briefly while INJ sold at $0.4 managed to hit $1.49 as its brief ATH. These results are unlike Binance's past IEOs which made investors jostle to get in to the launchpad.

Do you think that it the end of Binance IEO has come or the exchange would rediscover its earlier form?

Let me know your opinion.

The binance effect has weakened. So many people were not putting all of their focus into the IEO. These days so many people were trying to did staking to earn passive income rather than betting on the new project. The same thing is also happening with gateio IEO too.
It's quite difficult to reach 3 - 5x ROI.
People these days have so many options to get income. This would not be the end for binance IEO.

Binance has so many features that can make everyone get profit from there.

[jrrsparkles]

Beginning of new trend will make the existing ones to be fade away gradually, defi projects are the new trend and its traded on the decentralized exchanges mostly so centralized exchanges are not gaining much investors at the moment and probably there will be another new trend before expecting binance to be more furious with finding investor.

[Xxmodded]

Generally over or not depend with Binance how many time make IEO project and give worth ROI for investor, if always failed how many time listed for IEO project not make investor wanna buy any more and they will stop promoting with IEO project, right now Binance have moving IEO become launchpad where investor hold some altcoin assets exactly with BNB will receive new launchpad coin depend how many percent allocated for holder, I think is effective than have buying on IEO without guarantee will higher price later after listing on exchange market, today many new IEO coin just running on the wall without have serious building for long term.

[Ayiranorea]

Beginning of new trend will make the existing ones to be fade away gradually, defi projects are the new trend and its traded on the decentralized exchanges mostly so centralized exchanges are not gaining much investors at the moment and probably there will be another new trend before expecting binance to be more furious with finding investor.

This is the reality with the cryptocurrency market. Whenever Something new reaches the market the previous one gets faded. At the beginning ICO was much praised and it gave good return. People made big even out of the bounties. Further with more ICO into development it lost its importance. The same led path for the existence of new way of reaching investors, as a result is the IEO. Now it is time for DEFI, and what OP expecting is taking place with the DEFI projects.

[tabas]

Take it as if we're still in the ICO days. Do you still remember that it didn't take long for them to stop?
And that's the same for the IEO even if it's Binance or any reputable exchange that you can imagine. It's about to end and prices will eventually drop even if the opening price is overwhelming.

[NewRanger]

Binance has been a leading force with respect to initial exchange offering (IEO) evidenced by its extraordinary success in raising funds for crypto startupa via its Launchpad. The likes of Gifto, Bread, BitTorent, Fetch.Ai, Celer Network, Elrond, Perlin, Kava, Injective Protocol have successfully met their funding goals via Binance IEO.

My concern, however, is in the performance of its recent IEOs such as thoseof Injective Protocol(INJ) and Axie Infinity (AXS). In the past, investors are often certain of getting almost ×10 of their capital once the token is launched after IEO but these two tokens hardly did ×2 of their IEO price. Does it mean that the Binance Effect is already waning or has weakened?

AXS was sold at $0.1 at IEO price but only breezed to $0.29 briefly while INJ sold at $0.4 managed to hit $1.49 as its brief ATH. These results are unlike Binance's past IEOs which made investors jostle to get in to the launchpad.

in my opinion there is no something wrong with binance IEO result,this is still produce profits for IEO participants no matter how much it is. at this moment investors concern on bitcoin movement and analizing US election result effect to crypto market, so they forget IEO for  moment.but soon , binance IEO will get its hype again

Do you think that it the end of Binance IEO has come or the exchange would rediscover its earlier form?

Let me know your opinion.

binance launchpad will be most favourite platform for IEO in crypto market, dont worry about it. binance still be best exchanges at this moment based on trading volume and services.

[L A R A]

The hype of IEOs has started to disappear, several large exchanges have also very rarely held IEOs, only Binance still holds IEOs frequently, but this is not the end because IEOs will always exist even though they are not always profitable

[kaseygriffin]

So do you think there is a game that only brings profit to investors, all parties need real money and they have to continue to live, not only for binance but also many other major exchanges losing such thing. I am also a lot of IEO participants, and we all hope it will x10 x20 x30.... but in reality it is not easy. What can multiply your wealth so quickly, i think without miracles it is. We must go back to the fact that about the value of the project it is really valuable to the market, or just the fomo, pump, dump that happens in the market.

[Rowenta]

If I have to say something about binance from the start all their IEO projects ROI starts from 2x, why are you trying to bad mouth binance because a IEO project did 2x? What are you expecting? Not all projects that landed on binance can do 8x, that's why we need to do research on IEO projects before participating

[RabbiTANK]

The hype of IEOs has started to disappear, several large exchanges have also very rarely held IEOs, only Binance still holds IEOs frequently, but this is not the end because IEOs will always exist even though they are not always profitable

You should understand that only promising projects hunts for top exchanges for their IEO and not every time we will keep seeing good projects, another point is going binance for IEO costs alot, not all projects can afford binance IEO launchpads

[RabbiTANK]

Is 2x not good enough from a IEO project? This isn't the first time that binance IEO gives only 2x to investors, what's this hassle all about? If Avalanche did IEO on binance exchange what do you think the ROI will be? Quality speaks louder bro

[jrrsparkles]

Beginning of new trend will make the existing ones to be fade away gradually, defi projects are the new trend and its traded on the decentralized exchanges mostly so centralized exchanges are not gaining much investors at the moment and probably there will be another new trend before expecting binance to be more furious with finding investor.

This is the reality with the cryptocurrency market. Whenever Something new reaches the market the previous one gets faded. At the beginning ICO was much praised and it gave good return. People made big even out of the bounties. Further with more ICO into development it lost its importance. The same led path for the existence of new way of reaching investors, as a result is the IEO. Now it is time for DEFI, and what OP expecting is taking place with the DEFI projects.

I feel ICO is one of the longest hype compared to IEO or Defi because it almost existed for more than a year but now the things are only exists for a month or two then people can smell the scam activity there.But at the end these hype are not finding investors, only weak hands finding them.

[Tytanowy Janusz]

My concern, however, is in the performance of its recent IEOs such as thoseof Injective Protocol(INJ) and Axie Infinity (AXS). In the past, investors are often certain of getting almost ×10 of their capital once the token is launched after IEO but these two tokens hardly did ×2 of their IEO price. Does it mean that the Binance Effect is already waning or has weakened?

Few first IEOs yeld 10x. Then Band, Perl and KAVA gave only 50-70% in profit. Then we had second IEO wave with another 4x-10x profit and now again ~x2 and most likely back to 50-70%. Bitcoin is that strong that no one is looking at alts/IEOs. Thats the reason of bad performance of last 2 IEOs. INJ was also a DEFI project - who is buying dead overhyped defi now? 2 months too late for such IEO.

When BTC will chill out then binance IEOs will start to give better ROI (at least interesting once - not dead post bubble boring stuff)

[Squezzi55]

It depends on the projects themselves not binance, binance exchange isn't a ROI magic wand, most projects that doesn't give high ROI on binance through launchpads are DeFi and look at it this way, who is buying DeFi tokens now that their hypes is over? Ask yourself

[Apostlekin$$$]

Binance exchange is one of the best place to be for IEO launchpad, whatever happens to a project after the IEO is over isn't on binance, let's stop looking at binance as a 10x ROI printer, it's still all down to how big the project is and binance job is to make sure the project raised the target fund for development, how is 2x not good enough?

[Towerbreeze]

Binance has been a leading force with respect to initial exchange offering (IEO) evidenced by its extraordinary success in raising funds for crypto startupa via its Launchpad. The likes of Gifto, Bread, BitTorent, Fetch.Ai, Celer Network, Elrond, Perlin, Kava, Injective Protocol have successfully met their funding goals via Binance IEO.

My concern, however, is in the performance of its recent IEOs such as thoseof Injective Protocol(INJ) and Axie Infinity (AXS). In the past, investors are often certain of getting almost ×10 of their capital once the token is launched after IEO but these two tokens hardly did ×2 of their IEO price. Does it mean that the Binance Effect is already waning or has weakened?

AXS was sold at $0.1 at IEO price but only breezed to $0.29 briefly while INJ sold at $0.4 managed to hit $1.49 as its brief ATH. These results are unlike Binance's past IEOs which made investors jostle to get in to the launchpad.

Do you think that it the end of Binance IEO has come or the exchange would rediscover its earlier form?

Let me know your opinion.

Answer the question yourself, does it look like it's over for a top exchange because the IEO project they conduct gives 2x profit to their investors? This is completely lame honestly, do you expect all projects to do 10x because they are from binance IEO launchpads? You need to do research on past IEO from binance since 2018 and maybe things will be clearer by then

[LogitechMouse]

IEO isn't the trend right now. Its the DeFi that is trending.
Binance just stopped IEO and followed the trend of DeFi that is why there are many new DeFi projects emerging in their exchange.

When the DeFi hype end, possible that they will continue doing IEO again or follow another trend in the future. I don't want to say that Binance IEO is over but in general, all things have endings and possible that profitability of these are slowly going down.

[ice18]

I heard some past IEOs on Binance was only pump by Binance itself thats why it always go to 5x - 10x I dont know if its true I just read it in one article in medium if Im not mistaken maybe its too early to speculate since AXS is really new IEO just wait for a pump hard mate also many investors today diversify their coin portfolio in many passive earning opportunity like staking, lp mining and in yfarming projects.  

[JHORN]

IEO isn't the trend right now. Its the DeFi that is trending.
Binance just stopped IEO and followed the trend of DeFi that is why there are many new DeFi projects emerging in their exchange.

When the DeFi hype end, possible that they will continue doing IEO again or follow another trend in the future. I don't want to say that Binance IEO is over but in general, all things have endings and possible that profitability of these are slowly going down.

Oh really? The project that did 2x on binance is a DeFi project, how about that uhh? DeFi trending my foot, DeFi hype is over whether you like it or not, we shouldn't even be having this argument right now, 2x profit is enough for me and this isn't the last IEO from binance or is it? There are more upcoming IEO that will take place on binance so why all this?