Re: Second Attempt: Bittrex Announces Its First Initial Exchange Offering

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 IEOs.

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
Lets 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.

Agree with you. Bittrex has been bringing changes with so many things on it's exchange. The mandatory KYC is the main reason why many people have shifted to binance and I would agree that binance is still far better than bittrex. Binance has it's own 'Binance Launchpad' which is a token development platform for the IEOs and it's going pretty decently. It has been accepted well by the investors and traders. It's recent IEO Bittorrent was very well received by the traders and investors.Bittrex on the other hand screwed up it's first ever IEO for some reason ( I still don't know why). May be once bittrex does a successful IEO then people may gain trust over it again.

you are absolutely right on everything you said about where bittrex got it wrong except where you said bittrex made kyc mandatory for people likewise on binance if you want to participate in binance IEO launchpad you must pass their kyc.