Post
Topic
Board Altcoin Discussion
Re: Second Attempt: Bittrex Announces Its First Initial Exchange Offering
by
JeffBrad12
on 27/03/2019, 15:26:52 UTC
https://stadivm.com/cc/bittrex-ieo-second-attempt/

"The past few months have seen many positive steps for the cryptocurrency industry in general, such as the further development of the Bitcoin Lightning Network and even a new movie based upon cryptocurrency.

However one development which is been plagued with issues, while simultaneously showing promise, are the introduction of Initial Exchange Offerings, or IEO’s.

Following a controversial first bite at the apple, Bittrex has decided to give Initial Exchange Offerings another try. The announcement came following the cancellation of the RAID IEO a few weeks ago...."

Lol
Let’s call it bittrex second ieo program
The first one was abit messy; but this time around; I can see it thriving already

The first crowdsale done by bittrex as far as I can remember was the Breakout Coin and one that I can think was an adnetwork token too. So far this VeriBlock (VBK)  isn't the second at all.

IEO model will help the trust but only for the exchanges that has proven itself from the past. The newer ones today might struggle and team will still prefer to do an ICO.
Bittrex has been loosing a lot of trust not only from the traders but a lot of its customer has already moved to the binance. I heard that one of bittrex ico was getting failed. IEO will not always get success. that depends on how popular that exchange site.