Binance has raised fund for two projects and they have offered their 3rd project which sell will be at March 19 or 21 of instant. It's Celer Network. Their previous two projects were successful and I hope this one will also be a successful one.
However, it seems Bittrex is also following the same and there is an IEO on their platform too. Can IEO replace the ICO?
I have made this thread self moderated to avoid the stupid comments which I have been observed on my previous topic.
This is my thought about both ICO and IEO, As far as i know, what has already launched by binance through its launch pad are ICOs. Binance was creating cooperation with all of those icos to help them raise the funds. Basically, it's still called as ico but with the cooperation and help from the exchange site to give more facility to the investors will able to invest in these ICOS easily.
Binance was also taking the fees from those ICOS who used binance launch pad to launch their ICOS. Totally 4 ICOS have successfully funded through use binance launch pad.
There are no differences between ICOS and IEO. ICO that created cooperation with the exchange site can be called as IEO. Contents protocol has created cooperation with okex too but it's still called as ico.
In this case, the exchange site will be facilitating the investors and give a guarantee of those ICOs were listed on the exchange site's launch pad has already verified and it's not a fraudulent project.
I guess not only bittrex but more exchange sites are trying to do that.
Honestly, this is going to be the new trend because if Binance is promoting scam ICO that will surely hurt their reputation and all the trust they build from their investors and traders, so we are going to see this kind of investment from other top exchange like Kucoin I think with this kind of crowdfunding, it will shun bounty hunters, because Binance can do this on it's own