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.
I have not been able to confirm this, but with the IEO investors are more confident with new projects. this will definitely have an impact on cryptocurrency. when seen by Bittorent at binance yesterday, I realized that many people were interested in this if the project was in a large exchange. for now I think the IEO is a good way to minimize the risk of Scam projects. The exchange will definitely be very careful to cooperate with new projects, they will definitely carry out very strict verification. and this will benefit investors.
It is a good thing they came up with this idea, at least we will be able to start seeing substantial growth in crypto currencies because intending investors that has been on hold in investing in Cryptocurrency because of the ICO situation will start pumping in money again which might make us see a bull trend in BTC and ETH since majority of the coins will require BTC or ETH coins as means of exchange.
This is really a welcome development and I do hope that smart scammers will not infiltrate it again but before then, let me take advantage of this opportunity too. STO and IEO may bring back confident into crypto space among investors which will definitely lead to win-win situation for all of them.