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!
We should do everything possible to checkmate upcoming exchanges that might be planning on starting up IEO because this is the only way they can actually carry out their scam activities, this companies can come up with things that might convince one to invest with them, but I think we should be very careful and also enlighten newbies about the likely ways IEO company might try to scam people in the crypto space.