Bittrex posted on twitter:
"The IEO for @Veriblock ended within 10 seconds. Thanks for participating in the Initial Exchange Offering.
Stay tuned for future IEOs coming soon."
IEO seems to be like ICO at the early stages, but i am skeptical.
Did the IEO really sold out to public in 10 seconds or did most of it already been bought up by internal investors and just a small portion of it actually sold to public?
This seems like also another way to convince the market into putting their money into buying "legit" IEOs that will be listed on these launchpads in the future.
Will IEO last for the long term? Or will the hype just die down in the coming few months?
https://twitter.com/BittrexIntl/status/1113110527511855106https://www.coingecko.com/en/coins/veriblockEverything happened very quickly and I was very lucky to be able to participate in this project. According to Bittrex statistics, there are more than 81,000 people participating in investment but only 355 lucky people can participate in Veriblock project. The buying rate is really low, making it difficult for us to participate in major IEO projects so you should wait VBK to be listed at Upbit and Bittrex so that you can buy a better price.