Have you ever thought of this before?
When I first heard of IEOs from smaller exchanges, I thought they were simply catering to one of the demands of ICO investors which is immediate exchange listing.
Then came the bigger centralized exchanges like Binance, Bittrex, and Kucoin. It somehow made me wonder why would they open up their platform to crowdfunding. Maybe because they also think that the ICO market is dying? If so, then that would mean less new projects. With less new projects, less potential source of income (listing fees).
So in the end, it is still all about the $$$. These exchange are probably afraid of losing one of their major source of income
What's your take on this?
When I first heard of IEOs from smaller exchanges, I thought they were simply catering to one of the demands of ICO investors which is immediate exchange listing.
Then came the bigger centralized exchanges like Binance, Bittrex, and Kucoin. It somehow made me wonder why would they open up their platform to crowdfunding. Maybe because they also think that the ICO market is dying? If so, then that would mean less new projects. With less new projects, less potential source of income (listing fees).
So in the end, it is still all about the $$$. These exchange are probably afraid of losing one of their major source of income
What's your take on this?
This seems to be a normal development after ICO failure
the emergence of new projects worthy of support has led to the emergence of a new financing tool
IEO is a challenge for new projects and platforms organized by
let's follow and watch Will you succeed?