So, IEO is the recent trending topic in the crypto industry! People are very excited about IEOs, because, after a long time, IEO investors made a huge profit from it! But there is a problem too. By seeing the big hype and success of Binance IEO, many new exchanges are coming with their IEO sale! Therefore many low-grade exchanges are bringing IEO sale either! Do you think all those IEOs are worthy to invest? Hell no! Don't fall in the scam, don't be greedy! Most of the new exchange, low exchanges offerings IEO is nothing but a pure scam, they failed to raise money from the ICO sale, so they come in IEO to scam people again who don't like to read and research!
The idea of adopting IEO over a failed ICO may not necessarily be a scam because requifed funds limit has not been reached. I am more concerned on why Latoken seems to be among the first initiators of this IEO phenomenon but despite that, their tokens don't do x3 or x4 like other exchanges. Could it be as a result of poor exchange management principles